| dc.description.abstract | The purpose of this study is to analyze the effect of intellectual capital on firm’s market performance with firm’s profitability acts as an intervening variable of 546 companies in Vietnam between 2009 to 2017. The intellectual capital performance of listed firms is measured through the Value Added Intellectual Coefficient (VAIC) methodology. The findings of this study show that the intellectual capital positively affect firm’s market performance. In addition, intellectual capital also has a positive impact on firm’s profitability. Moreover, profitability can serve as an intervening variable in the relationship between intellectual capital and firm’s market performance. When VAIC is divided into its components, it can be observed that all three elements have a positive relationship with firm’s market performance, and its profitability. However, Valued Added Capital Employed has the highest influence. Therefore, firms in Vietnam should utilze their financial and physical resources effectively in order to reach a high performance level. | en_US |
