기업 지적자본과 기업 재무성과에 관한 연구 : MVAIC 이론을 중심으로

Abstract

[Purpose] The value of the Fourth Industrial Revolution is increasing as it applies to the development of new growth industries. One of the core technologies is Internet of Things (IoT). [Methodology] The research data used was 498 manufacturing company data from the domestic KOSPI, and the research verification period was 2015 to 2019 (5 years). The modified value－added coefficient (MVAIC) model is applied to measure the value－added efficiency of intellectual capital (IC) during the period, and multiple regression analysis is used to verify the research hypothesis. [Findings] The results of this study are as follows. It can be seen that intellectual capital (IC) can increase solid performance in the domestic manufacturing sector, and corporate financial performance is determined by invested capital (PC), human capital (HC), structural capital (SC), and relational capital (RC). It was confirmed that it was affected. [Implications] The implications of this study are as follows. We expanded previous research by quantifying the relationship between intellectual capital (IC) and corporate financial performance. The significance of this study is that it can serve as a basis for future research in studying the current status of intellectual capital (IC) and its impact on a company’s financial performance.