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CORRELATION BETWEEN INTELLECTUAL CAPITAL AND WEB TRENDS OF TOP 30 COMPANIES IN TURKEY

Year 2013, Volume: 5 Issue: 2, 39 - 49, 01.12.2013

Abstract

This study focuses on the correlation between intellectual capital and web trends of the index bist-30, which holds the top 30 companies in Istanbul Stock Market (BIST). The trends of web sites and companies are collected separately via web tools. Also, intellectual capital is studied and measured based on two methods, which are Market Value / Book Value and Value Added Intellectual Coefficient (VAIC) techniques. Data required for studying, measuring and accounting intellectual capital is gathered from web sites, firm annual reports, company financial statements and Public Disclosure Platform (www.kap.gov.tr) published by the BIST administration

References

  • Abeysekera, I. (2003), “Intellectual accounting scorecard: Measuring and reporting intellectual capital” Journal of American Academy of Business, 3(1), p. 422. Agndal H, and U. Nilsson (2006), “Generation of Human and Structural Capital: Lessons from Knowledge Management”, The Electronic Journal of Knowledge Management, Volume 4 Issue 2, pp 91 - 98, available online at www.ejkm.com.
  • Alipour, M. (2012), “The effect of intellectual capital on firm performance: an investigation of Iran insurance companies” Measuring Business Excellence, Vol. 16, Issue: 1, pp.53 – 66.
  • Holland, J. (2006), “Fund management, intellectual capital, intangibles and private disclosure” Managerial Finance, 32(4), p.281.
  • Joia, L. A. (2007), Strategies for Information Technology and Intellectual Capital: Challanges and Opportunities, IGI Global, pp. 1-276.
  • Qureshi, S. A., S. M. Mirza, and M. Arif, (2006) “Fitness function evaluation for image reconstruction using binary genetic algorithm for parallel ray transmission tomography” Emerging Technologies, 2006. ICET'06. International Conference on pp. 196-201.
  • Marr B. and K. Moustaghfir (2005), “Defining intellectual capital: A three- dimensional approach” Management Decision, 43(9), p. 1120.
  • Moolman, S. (2011), “Intellectual Capital: Measurement, Recognition and Reporting”, University of South Africa Master in Commerce Graduate Thesis, p. 2, 6. Mouritsen J, Larsen H. T. and Bukh, P. N. (2001), “Valuing the future: Intellectual capital supplements and Skandia” Accounting, Auditing & Accountability Journal, 14(4), p.400.
  • Nahapiet, J, and Ghoshal, S. (1998), “Social Capital, Intellectual Capital and the Organizational Advantage” Academy of Management The Academy of Management Review, Vol. 3 No: 2, pp. 242-266.
  • Ocak, İbrahim and Şadi Evren Şeker (2013), “Calculation of surface settlements caused by EPBM tunneling using artificial neural network, SVM, and Gaussian processes” Environmental Earth Sciences, Springer-Verlag,
  • DOI: 10.1007/s12665-012-2214-x.
  • Ordóñez de Pablos, P. (2004), “Measuring and reporting structural capital: Lessons from European learning firms” Journal of Intellectual Capital, 5(4), pp. 626, 629–647.
  • Riahi-Belkaoui, A. (2003) “Intellectual capital and firm performance of US multinational firms: A study of the resource-based and stakeholder views” Journal of Intellectual Capital, Vol. 4 Issue: 2, pp. 215–226.
  • Rodov I. and Leliaert P. (2002), “FiMIAM: Financial method of intangible assets measurement” Journal of Intellectual Capital, 3(3), p. 324, 328.
  • Roslender, R. (2000), “Accounting for intellectual capital: A contemporary management accounting perspective” Management Accounting, 78 (3), pp. 34-37. Roslender, R. and R. Fincham (2004), “Intellectual capital accounting in the UK”, Accounting, Auditing & Accountability Journal, 17 (2): p. 178.
  • Seetharaman A, M. Balachandran, and A. S. Saravanan (2002), “Accounting treatment of goodwill: Yesterday, today and tomorrow: Problems and prospects in the international perspective” Journal of Intellectual Capital, 5(1), pp. 128, 132.
  • Steward, T. A. (1997), Intellectual capital: the new wealth of organisations: Knowledge Management, USA: Nicholas Brearley Publishing.
  • Sullivan, P. H. (2000), Value-Driven Intellectual Capital: How to Convert Intangible Corporate Assets into Market Value” New York: John Wiley & Sons Inc. Swart, J. (2006), “Intellectual capital: Disentangling an enigmatic concept” Journal of Intellectual Capital, 7(2), p. 137.
  • Vergauwen P, Bollen L. and Oirban E. (2007), “Intellectual capital disclosure and intangible value drivers: An empirical study”, Management Decision, 45 (7), p. 1163.
Year 2013, Volume: 5 Issue: 2, 39 - 49, 01.12.2013

Abstract

References

  • Abeysekera, I. (2003), “Intellectual accounting scorecard: Measuring and reporting intellectual capital” Journal of American Academy of Business, 3(1), p. 422. Agndal H, and U. Nilsson (2006), “Generation of Human and Structural Capital: Lessons from Knowledge Management”, The Electronic Journal of Knowledge Management, Volume 4 Issue 2, pp 91 - 98, available online at www.ejkm.com.
  • Alipour, M. (2012), “The effect of intellectual capital on firm performance: an investigation of Iran insurance companies” Measuring Business Excellence, Vol. 16, Issue: 1, pp.53 – 66.
  • Holland, J. (2006), “Fund management, intellectual capital, intangibles and private disclosure” Managerial Finance, 32(4), p.281.
  • Joia, L. A. (2007), Strategies for Information Technology and Intellectual Capital: Challanges and Opportunities, IGI Global, pp. 1-276.
  • Qureshi, S. A., S. M. Mirza, and M. Arif, (2006) “Fitness function evaluation for image reconstruction using binary genetic algorithm for parallel ray transmission tomography” Emerging Technologies, 2006. ICET'06. International Conference on pp. 196-201.
  • Marr B. and K. Moustaghfir (2005), “Defining intellectual capital: A three- dimensional approach” Management Decision, 43(9), p. 1120.
  • Moolman, S. (2011), “Intellectual Capital: Measurement, Recognition and Reporting”, University of South Africa Master in Commerce Graduate Thesis, p. 2, 6. Mouritsen J, Larsen H. T. and Bukh, P. N. (2001), “Valuing the future: Intellectual capital supplements and Skandia” Accounting, Auditing & Accountability Journal, 14(4), p.400.
  • Nahapiet, J, and Ghoshal, S. (1998), “Social Capital, Intellectual Capital and the Organizational Advantage” Academy of Management The Academy of Management Review, Vol. 3 No: 2, pp. 242-266.
  • Ocak, İbrahim and Şadi Evren Şeker (2013), “Calculation of surface settlements caused by EPBM tunneling using artificial neural network, SVM, and Gaussian processes” Environmental Earth Sciences, Springer-Verlag,
  • DOI: 10.1007/s12665-012-2214-x.
  • Ordóñez de Pablos, P. (2004), “Measuring and reporting structural capital: Lessons from European learning firms” Journal of Intellectual Capital, 5(4), pp. 626, 629–647.
  • Riahi-Belkaoui, A. (2003) “Intellectual capital and firm performance of US multinational firms: A study of the resource-based and stakeholder views” Journal of Intellectual Capital, Vol. 4 Issue: 2, pp. 215–226.
  • Rodov I. and Leliaert P. (2002), “FiMIAM: Financial method of intangible assets measurement” Journal of Intellectual Capital, 3(3), p. 324, 328.
  • Roslender, R. (2000), “Accounting for intellectual capital: A contemporary management accounting perspective” Management Accounting, 78 (3), pp. 34-37. Roslender, R. and R. Fincham (2004), “Intellectual capital accounting in the UK”, Accounting, Auditing & Accountability Journal, 17 (2): p. 178.
  • Seetharaman A, M. Balachandran, and A. S. Saravanan (2002), “Accounting treatment of goodwill: Yesterday, today and tomorrow: Problems and prospects in the international perspective” Journal of Intellectual Capital, 5(1), pp. 128, 132.
  • Steward, T. A. (1997), Intellectual capital: the new wealth of organisations: Knowledge Management, USA: Nicholas Brearley Publishing.
  • Sullivan, P. H. (2000), Value-Driven Intellectual Capital: How to Convert Intangible Corporate Assets into Market Value” New York: John Wiley & Sons Inc. Swart, J. (2006), “Intellectual capital: Disentangling an enigmatic concept” Journal of Intellectual Capital, 7(2), p. 137.
  • Vergauwen P, Bollen L. and Oirban E. (2007), “Intellectual capital disclosure and intangible value drivers: An empirical study”, Management Decision, 45 (7), p. 1163.
There are 18 citations in total.

Details

Other ID JA34YV86VC
Journal Section Articles
Authors

Cevdet Kızıl This is me

M. Lütfi Arslan This is me

Sadi Evren Seker This is me

Publication Date December 1, 2013
Published in Issue Year 2013 Volume: 5 Issue: 2

Cite

APA Kızıl, C., Arslan, M. L., & Seker, S. E. (2013). CORRELATION BETWEEN INTELLECTUAL CAPITAL AND WEB TRENDS OF TOP 30 COMPANIES IN TURKEY. International Journal of Social Sciences and Humanity Studies, 5(2), 39-49.
AMA Kızıl C, Arslan ML, Seker SE. CORRELATION BETWEEN INTELLECTUAL CAPITAL AND WEB TRENDS OF TOP 30 COMPANIES IN TURKEY. IJ-SSHS. December 2013;5(2):39-49.
Chicago Kızıl, Cevdet, M. Lütfi Arslan, and Sadi Evren Seker. “CORRELATION BETWEEN INTELLECTUAL CAPITAL AND WEB TRENDS OF TOP 30 COMPANIES IN TURKEY”. International Journal of Social Sciences and Humanity Studies 5, no. 2 (December 2013): 39-49.
EndNote Kızıl C, Arslan ML, Seker SE (December 1, 2013) CORRELATION BETWEEN INTELLECTUAL CAPITAL AND WEB TRENDS OF TOP 30 COMPANIES IN TURKEY. International Journal of Social Sciences and Humanity Studies 5 2 39–49.
IEEE C. Kızıl, M. L. Arslan, and S. E. Seker, “CORRELATION BETWEEN INTELLECTUAL CAPITAL AND WEB TRENDS OF TOP 30 COMPANIES IN TURKEY”, IJ-SSHS, vol. 5, no. 2, pp. 39–49, 2013.
ISNAD Kızıl, Cevdet et al. “CORRELATION BETWEEN INTELLECTUAL CAPITAL AND WEB TRENDS OF TOP 30 COMPANIES IN TURKEY”. International Journal of Social Sciences and Humanity Studies 5/2 (December 2013), 39-49.
JAMA Kızıl C, Arslan ML, Seker SE. CORRELATION BETWEEN INTELLECTUAL CAPITAL AND WEB TRENDS OF TOP 30 COMPANIES IN TURKEY. IJ-SSHS. 2013;5:39–49.
MLA Kızıl, Cevdet et al. “CORRELATION BETWEEN INTELLECTUAL CAPITAL AND WEB TRENDS OF TOP 30 COMPANIES IN TURKEY”. International Journal of Social Sciences and Humanity Studies, vol. 5, no. 2, 2013, pp. 39-49.
Vancouver Kızıl C, Arslan ML, Seker SE. CORRELATION BETWEEN INTELLECTUAL CAPITAL AND WEB TRENDS OF TOP 30 COMPANIES IN TURKEY. IJ-SSHS. 2013;5(2):39-4.