Bibliographic citations
Salazar, D., (2019). Relación del capital intelectual y la rentabilidad: un estudio del sector bancario de Perú, Chile y Colombia [Trabajo de investigación, Universidad Peruana de Ciencias Aplicadas (UPC)]. http://hdl.handle.net/10757/652169
Salazar, D., Relación del capital intelectual y la rentabilidad: un estudio del sector bancario de Perú, Chile y Colombia [Trabajo de investigación]. PE: Universidad Peruana de Ciencias Aplicadas (UPC); 2019. http://hdl.handle.net/10757/652169
@misc{renati/1287506,
title = "Relación del capital intelectual y la rentabilidad: un estudio del sector bancario de Perú, Chile y Colombia",
author = "Salazar Calagua, Dominike Duval",
publisher = "Universidad Peruana de Ciencias Aplicadas (UPC)",
year = "2019"
}
The present investigation analyses the intellectual capital (CI) as a determinant of the financial profitability of the banks. For which, 43 companies in the banking sector of Peru, Chile and Colombia were analysed during 2014 until 2018 in a balanced data panel. The methodology used takes into account the static and dynamic relationship between the IC and financial performance. To evaluate the static relationship, panel data regressions such as pooled OLS and fixed effects (FE) are applied. While to evaluate the dynamic relationship the GMM model is applied to solve endogeneity problems. The findings obtained show that an increase in CI investments leads to greater financial profitability of the company. The components of the IC (such as structural capital and human capital) also indicate a positive impact with respect to profitability measures, thus supporting the theory of resource dependence (RD) and organizational learning (OL). Since there is little research done for developing countries, the originality is to evaluate the impact on financial profitability through the IC, for emerging economies such as Peru, Chile and Colombia.
This item is licensed under a Creative Commons License