The study adjusts Pulic's (2000) intellectual capital approach, “Value Added Intellectual Coefficient (VAICTM), to measure firms' value creation and market performance. The research here adds two new intellectual capital components, Research and Development (R&D) expenditure and intellectual...

Ideally, corporations are directed by boards whose directors provide valuable human capital that match the firms' strategy. We investigate how directors' human capital (international experience, industrial know-how, CEO experience, and financial know-how) affects firm performance including the...

Two decades ago, McKinsey advanced the idea that large U.S. companies are engaged in a “war for talent” and that to remain competitive they need to make a strategic effort to attract, retain, and develop the highest-performing executives. To understand the contribution of the human resources...