The Impact of Intellectual Capital on the Financial Performance of Non-Banking Financial Companies Listed on the Egyptian Stock Exchange Analytical study for 2010 to 2021

Proceedings of The 6th International Conference on Research in Business, Management and Finance

Year: 2023

DOI: https://www.doi.org/10.33422/6th.icrbmf.2023.09.101

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The Impact of Intellectual Capital on the Financial Performance of Non-Banking Financial Companies Listed on the Egyptian Stock Exchange Analytical study for 2010 to 2021

Salma Mohammed Abdel Fattah Darwish, Wael Moustafa, Taha Kassem

 

 

ABSTRACT: 

The aim of this research is to examine the impact of the value added of intellectual capital (MVAIC) on the financial performance of non-banking financial companies listed on the Egyptian stock exchange. The research sample consisted of 25 non-banking financial companies listed on the Egyptian stock exchange for the fiscal year 2010–2021. Data analyzed using the Spss27 version. The study results revealed the positive impact of the value added of intellectual capital (MVAIC) on financial performance indicators: return on assets (ROA) ratio, return on equity ratio (ROE), and market value of stock. The study also claimed that human resources should be maximized in non-banking financial companies towards the establishment of specialized divisions for the use of intellectual capital, with work on the management of human resources that would contribute to the upgrading of corporate infrastructure in the light of which a high level of financial performance could be achieved.

keywords: Value Added to Intellectual Capital (MVAIC), Financial Performance, Stock Exchange, Return on Assets (ROA), and Return on Equity (ROE), market value of stock