نوع مقاله : علمی - پژوهشی
نویسندگان
1 استادیار مدیریت مالی، گروه مدیریت، اقتصاد و حسابداری، دانشکده علوم انسانی و اجتماعی، دانشگاه گلستان، گرگان، ایران.
2 استادیار حسابداری، گروه حسابداری، دانشکده مهندسی صنایع و مدیریت، دانشگاه صنعتی شاهرود، شاهرود، ایران.
چکیده
کلیدواژه‌ها
عنوان مقاله [English]
نویسندگان [English]
Purpose: The present study aims to examine the simultaneous impact of intellectual capitals (physical, human and structural) and the level of corporate social responsibility on the creation of economic value added, in order to provide practical solutions that assist managers and policymakers in optimal resource allocation and the formulation of integrated strategies for sustainable and long term value creation.
Method: To achieve the research objective, a total of 129 companies listed on the Tehran Stock Exchange were selected for the period from 2007 to 2023. The hypothesis testing methods include multiple regression modeling using panel data and a data mining approach through neural networks.
Findings: Research results show that although fulfilling social responsibilities has a positive and significant impact on economic value added (EVA) in the current period and the next period, its impact is not significant in the two subsequent periods. Therefore, there is insufficient evidence to confirm a significant effect of social responsibilities on future economic value added. Additionally, the efficiency of intellectual capital, besides affecting the economic value added in the current period, also has a positive and significant impact in future periods. With an increase in intellectual capital efficiency, the economic value added of companies significantly increases. Other findings indicate that the efficiency coefficients of human capital and physical capital have a significant effect on economic value added in both current and future periods, whereas the efficiency coefficient of structural capital only affects economic value added in the current period.
Conclusion: With the increase in the efficiency of intellectual capital, the economic value added (EVA) of the sample companies has significantly increased. Furthermore, based on regression and data mining methods, the efficiency of intellectual capital has a positive and significant impact on future economic value added, indicating its long-term effects on economic value added and the important role of intellectual capital efficiency in creating company value added. Financial leverage is also among the variables with the highest impact on economic value added across different periods.
Knowledge Advancement: In the fields of management and economics, the role of intellectual capital and corporate social responsibility has garnered extensive attention as two key factors in creating economic value added. Intellectual capital, which includes human capital, structural capital, and physical capital, represents intangible resources that shape organizational knowledge, skills, and processes, significantly enhancing organizations’ ability to create sustainable competitive advantage and improve productivity. On the other hand, the fulfillment of social responsibilities which encompasses companies’ ethical and environmental commitments to stakeholders and society not only improves organizational image but also strengthens customer trust and loyalty, ultimately contributing to an increase in the organization’s economic value. Recent studies indicate that the optimal combination of intellectual capital and social responsibility leads to the creation of sustainable and long-term economic value added, as intellectual capital’s long-term impacts on productivity and innovation complement the short-term positive effects of social responsibility on stakeholder satisfaction. Therefore, the strategic integration of these two components can position companies on the path toward sustainable development and global competitiveness.
کلیدواژه‌ها [English]
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