Mediation of strategy on intellectual capital and performance
Purpose – The purpose of this paper is to explore the mediating effect of business strategy (BS) on intellectual capital (IC) and financial performance (FP). The impact of financial crisis is also a major topic of this research. Design/methodology/approach – This study applies BS as mediator to expl...
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| Veröffentlicht in: | Management decision 2013-01, Vol.51 (7), p.1488-1509 |
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| creator | Tseng, Kuo-An Lan, Yu-Wen Lu, Hao-Chun Chen, Pin-Yu |
| description | Purpose
– The purpose of this paper is to explore the mediating effect of business strategy (BS) on intellectual capital (IC) and financial performance (FP). The impact of financial crisis is also a major topic of this research.
Design/methodology/approach
– This study applies BS as mediator to explore the relationships between IC, BS, and FP. Partial least squares is employed to test the reliability and validity of measurements and the significance of path coefficients, and therefore to examine the hypotheses.
Findings
– IC has significant impacts on BS and FP in all samples, as well as in those years before and after the financial crisis. BS has a partial significant mediating effect between IC and FP. BS has significant effects on FP in all samples and pre-financial crisis, but has not in post-financial crisis.
Research limitations/implications
– IC has significant impacts on BS and FP. Moreover, the relationships of IC, BS, and FP are different during pre- and post-financial crisis. The direct effect of IC on FP is confirmed and consistent, and the indirect effect of IC on FP by BS is dependent upon the environment status.
Practical implications
– Enterprises should pay attention to IC, BS, and the related changes in environment status. These help enterprises develop appropriate strategies, maintain competitive advantage, and upgrade FP.
Originality/value
– This study applies BS as mediator, and explores the relationships between IC, BS, and FP. The impact of financial crisis is also discussed. The results may serve as the criteria for strategic performance management. |
| doi_str_mv | 10.1108/MD-03-2012-0143 |
| format | Article |
| fullrecord | <record><control><sourceid>proquest_emera</sourceid><recordid>TN_cdi_proquest_journals_1754074622</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>3913495501</sourcerecordid><originalsourceid>FETCH-LOGICAL-c367t-413a227a9b72324f6e5e4dfb07a4d26a38378f6fd99f0ee1894a4806c7dbf35b3</originalsourceid><addsrcrecordid>eNp9kD1PwzAQhi0EEqUws0Zidnv-iJ0MDKjlS2rFArPlxGeUKk2C7Qz996QqCxJienXS-9zpHkJuGSwYg2K5XVMQlAPjFJgUZ2TGdF5QBRrOyQyA55RpqS_JVYw7ACbyXM3I_RZdY1PTd1nvs5iCTfh5yKax6RK2LdZptG1W26FJU9rOZQMG34e97Wq8JhfethFvfnJOPp4e31cvdPP2_Lp62NBaKJ2oZMJyrm1ZaS649ApzlM5XoK10XFlRCF145V1ZekBkRSmtLEDV2lVe5JWYk7vT3iH0XyPGZHb9GLrppJmelKCl4vzflhSSKV4qObWWp1Yd-hgDejOEZm_DwTAwR5NmuzYgzNGkOZqciMWJwD0G27o_gF_qxTeYBXIN</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>1434162964</pqid></control><display><type>article</type><title>Mediation of strategy on intellectual capital and performance</title><source>Emerald A-Z Current Journals</source><creator>Tseng, Kuo-An ; Lan, Yu-Wen ; Lu, Hao-Chun ; Chen, Pin-Yu</creator><contributor>J.M. Ferreira, Jose Enrique Vila and Anastasia Mariussen, João ; João JM Ferreira, Jose Enrique Vila and Anastasia Mariussen</contributor><creatorcontrib>Tseng, Kuo-An ; Lan, Yu-Wen ; Lu, Hao-Chun ; Chen, Pin-Yu ; J.M. Ferreira, Jose Enrique Vila and Anastasia Mariussen, João ; João JM Ferreira, Jose Enrique Vila and Anastasia Mariussen</creatorcontrib><description>Purpose
– The purpose of this paper is to explore the mediating effect of business strategy (BS) on intellectual capital (IC) and financial performance (FP). The impact of financial crisis is also a major topic of this research.
Design/methodology/approach
– This study applies BS as mediator to explore the relationships between IC, BS, and FP. Partial least squares is employed to test the reliability and validity of measurements and the significance of path coefficients, and therefore to examine the hypotheses.
Findings
– IC has significant impacts on BS and FP in all samples, as well as in those years before and after the financial crisis. BS has a partial significant mediating effect between IC and FP. BS has significant effects on FP in all samples and pre-financial crisis, but has not in post-financial crisis.
Research limitations/implications
– IC has significant impacts on BS and FP. Moreover, the relationships of IC, BS, and FP are different during pre- and post-financial crisis. The direct effect of IC on FP is confirmed and consistent, and the indirect effect of IC on FP by BS is dependent upon the environment status.
Practical implications
– Enterprises should pay attention to IC, BS, and the related changes in environment status. These help enterprises develop appropriate strategies, maintain competitive advantage, and upgrade FP.
Originality/value
– This study applies BS as mediator, and explores the relationships between IC, BS, and FP. The impact of financial crisis is also discussed. The results may serve as the criteria for strategic performance management.</description><identifier>ISSN: 0025-1747</identifier><identifier>EISSN: 1758-6070</identifier><identifier>DOI: 10.1108/MD-03-2012-0143</identifier><identifier>CODEN: MANDA4</identifier><language>eng</language><publisher>London: Emerald Group Publishing Limited</publisher><subject>Balanced Scorecard ; Book value ; Business failures ; Capital expenditures ; Capital markets ; Competition ; Competitive advantage ; Economic crisis ; Employees ; Financial statements ; Growth rate ; Human performance ; Hypotheses ; Information management ; Intellectual capital ; Knowledge ; Knowledge economy ; Lichens ; Management science & operations ; Management science/operations research ; Mediation ; Performance management ; R&D ; Research & development ; Return on assets ; Turnover ; Validity ; Variables</subject><ispartof>Management decision, 2013-01, Vol.51 (7), p.1488-1509</ispartof><rights>Emerald Group Publishing Limited</rights><rights>Emerald Group Publishing Limited 2013</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c367t-413a227a9b72324f6e5e4dfb07a4d26a38378f6fd99f0ee1894a4806c7dbf35b3</citedby><cites>FETCH-LOGICAL-c367t-413a227a9b72324f6e5e4dfb07a4d26a38378f6fd99f0ee1894a4806c7dbf35b3</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.emerald.com/insight/content/doi/10.1108/MD-03-2012-0143/full/pdf$$EPDF$$P50$$Gemerald$$H</linktopdf><linktohtml>$$Uhttps://www.emerald.com/insight/content/doi/10.1108/MD-03-2012-0143/full/html$$EHTML$$P50$$Gemerald$$H</linktohtml><link.rule.ids>314,780,784,967,11635,27924,27925,52686,52689</link.rule.ids></links><search><contributor>J.M. Ferreira, Jose Enrique Vila and Anastasia Mariussen, João</contributor><contributor>João JM Ferreira, Jose Enrique Vila and Anastasia Mariussen</contributor><creatorcontrib>Tseng, Kuo-An</creatorcontrib><creatorcontrib>Lan, Yu-Wen</creatorcontrib><creatorcontrib>Lu, Hao-Chun</creatorcontrib><creatorcontrib>Chen, Pin-Yu</creatorcontrib><title>Mediation of strategy on intellectual capital and performance</title><title>Management decision</title><description>Purpose
– The purpose of this paper is to explore the mediating effect of business strategy (BS) on intellectual capital (IC) and financial performance (FP). The impact of financial crisis is also a major topic of this research.
Design/methodology/approach
– This study applies BS as mediator to explore the relationships between IC, BS, and FP. Partial least squares is employed to test the reliability and validity of measurements and the significance of path coefficients, and therefore to examine the hypotheses.
Findings
– IC has significant impacts on BS and FP in all samples, as well as in those years before and after the financial crisis. BS has a partial significant mediating effect between IC and FP. BS has significant effects on FP in all samples and pre-financial crisis, but has not in post-financial crisis.
Research limitations/implications
– IC has significant impacts on BS and FP. Moreover, the relationships of IC, BS, and FP are different during pre- and post-financial crisis. The direct effect of IC on FP is confirmed and consistent, and the indirect effect of IC on FP by BS is dependent upon the environment status.
Practical implications
– Enterprises should pay attention to IC, BS, and the related changes in environment status. These help enterprises develop appropriate strategies, maintain competitive advantage, and upgrade FP.
Originality/value
– This study applies BS as mediator, and explores the relationships between IC, BS, and FP. The impact of financial crisis is also discussed. The results may serve as the criteria for strategic performance management.</description><subject>Balanced Scorecard</subject><subject>Book value</subject><subject>Business failures</subject><subject>Capital expenditures</subject><subject>Capital markets</subject><subject>Competition</subject><subject>Competitive advantage</subject><subject>Economic crisis</subject><subject>Employees</subject><subject>Financial statements</subject><subject>Growth rate</subject><subject>Human performance</subject><subject>Hypotheses</subject><subject>Information management</subject><subject>Intellectual capital</subject><subject>Knowledge</subject><subject>Knowledge economy</subject><subject>Lichens</subject><subject>Management science & operations</subject><subject>Management science/operations research</subject><subject>Mediation</subject><subject>Performance management</subject><subject>R&D</subject><subject>Research & development</subject><subject>Return on assets</subject><subject>Turnover</subject><subject>Validity</subject><subject>Variables</subject><issn>0025-1747</issn><issn>1758-6070</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2013</creationdate><recordtype>article</recordtype><sourceid>AFKRA</sourceid><sourceid>AZQEC</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><sourceid>GNUQQ</sourceid><sourceid>GUQSH</sourceid><sourceid>M2O</sourceid><recordid>eNp9kD1PwzAQhi0EEqUws0Zidnv-iJ0MDKjlS2rFArPlxGeUKk2C7Qz996QqCxJienXS-9zpHkJuGSwYg2K5XVMQlAPjFJgUZ2TGdF5QBRrOyQyA55RpqS_JVYw7ACbyXM3I_RZdY1PTd1nvs5iCTfh5yKax6RK2LdZptG1W26FJU9rOZQMG34e97Wq8JhfethFvfnJOPp4e31cvdPP2_Lp62NBaKJ2oZMJyrm1ZaS649ApzlM5XoK10XFlRCF145V1ZekBkRSmtLEDV2lVe5JWYk7vT3iH0XyPGZHb9GLrppJmelKCl4vzflhSSKV4qObWWp1Yd-hgDejOEZm_DwTAwR5NmuzYgzNGkOZqciMWJwD0G27o_gF_qxTeYBXIN</recordid><startdate>20130101</startdate><enddate>20130101</enddate><creator>Tseng, Kuo-An</creator><creator>Lan, Yu-Wen</creator><creator>Lu, Hao-Chun</creator><creator>Chen, Pin-Yu</creator><general>Emerald Group Publishing Limited</general><scope>AAYXX</scope><scope>CITATION</scope><scope>0U~</scope><scope>1-H</scope><scope>7WY</scope><scope>7WZ</scope><scope>7XB</scope><scope>8AO</scope><scope>8FI</scope><scope>AFKRA</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FYUFA</scope><scope>F~G</scope><scope>GNUQQ</scope><scope>GUQSH</scope><scope>K6~</scope><scope>K8~</scope><scope>L.-</scope><scope>L.0</scope><scope>M0C</scope><scope>M0T</scope><scope>M2O</scope><scope>MBDVC</scope><scope>PQBIZ</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>Q9U</scope></search><sort><creationdate>20130101</creationdate><title>Mediation of strategy on intellectual capital and performance</title><author>Tseng, Kuo-An ; Lan, Yu-Wen ; Lu, Hao-Chun ; Chen, Pin-Yu</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c367t-413a227a9b72324f6e5e4dfb07a4d26a38378f6fd99f0ee1894a4806c7dbf35b3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2013</creationdate><topic>Balanced Scorecard</topic><topic>Book value</topic><topic>Business failures</topic><topic>Capital expenditures</topic><topic>Capital markets</topic><topic>Competition</topic><topic>Competitive advantage</topic><topic>Economic crisis</topic><topic>Employees</topic><topic>Financial statements</topic><topic>Growth rate</topic><topic>Human performance</topic><topic>Hypotheses</topic><topic>Information management</topic><topic>Intellectual capital</topic><topic>Knowledge</topic><topic>Knowledge economy</topic><topic>Lichens</topic><topic>Management science & operations</topic><topic>Management science/operations research</topic><topic>Mediation</topic><topic>Performance management</topic><topic>R&D</topic><topic>Research & development</topic><topic>Return on assets</topic><topic>Turnover</topic><topic>Validity</topic><topic>Variables</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Tseng, Kuo-An</creatorcontrib><creatorcontrib>Lan, Yu-Wen</creatorcontrib><creatorcontrib>Lu, Hao-Chun</creatorcontrib><creatorcontrib>Chen, Pin-Yu</creatorcontrib><collection>CrossRef</collection><collection>Global News & ABI/Inform Professional</collection><collection>Trade PRO</collection><collection>Access via ABI/INFORM (ProQuest)</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ProQuest Pharma Collection</collection><collection>Hospital Premium Collection</collection><collection>ProQuest Central UK/Ireland</collection><collection>ProQuest Central Essentials</collection><collection>ProQuest Central</collection><collection>Business Premium Collection</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central Korea</collection><collection>Health Research Premium Collection</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>ProQuest Central Student</collection><collection>Research Library Prep</collection><collection>ProQuest Business Collection</collection><collection>DELNET Management Collection</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Professional Standard</collection><collection>ABI/INFORM Global</collection><collection>Healthcare Administration Database</collection><collection>Research Library</collection><collection>Research Library (Corporate)</collection><collection>ProQuest One Business</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central Basic</collection><jtitle>Management decision</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Tseng, Kuo-An</au><au>Lan, Yu-Wen</au><au>Lu, Hao-Chun</au><au>Chen, Pin-Yu</au><au>J.M. Ferreira, Jose Enrique Vila and Anastasia Mariussen, João</au><au>João JM Ferreira, Jose Enrique Vila and Anastasia Mariussen</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Mediation of strategy on intellectual capital and performance</atitle><jtitle>Management decision</jtitle><date>2013-01-01</date><risdate>2013</risdate><volume>51</volume><issue>7</issue><spage>1488</spage><epage>1509</epage><pages>1488-1509</pages><issn>0025-1747</issn><eissn>1758-6070</eissn><coden>MANDA4</coden><abstract>Purpose
– The purpose of this paper is to explore the mediating effect of business strategy (BS) on intellectual capital (IC) and financial performance (FP). The impact of financial crisis is also a major topic of this research.
Design/methodology/approach
– This study applies BS as mediator to explore the relationships between IC, BS, and FP. Partial least squares is employed to test the reliability and validity of measurements and the significance of path coefficients, and therefore to examine the hypotheses.
Findings
– IC has significant impacts on BS and FP in all samples, as well as in those years before and after the financial crisis. BS has a partial significant mediating effect between IC and FP. BS has significant effects on FP in all samples and pre-financial crisis, but has not in post-financial crisis.
Research limitations/implications
– IC has significant impacts on BS and FP. Moreover, the relationships of IC, BS, and FP are different during pre- and post-financial crisis. The direct effect of IC on FP is confirmed and consistent, and the indirect effect of IC on FP by BS is dependent upon the environment status.
Practical implications
– Enterprises should pay attention to IC, BS, and the related changes in environment status. These help enterprises develop appropriate strategies, maintain competitive advantage, and upgrade FP.
Originality/value
– This study applies BS as mediator, and explores the relationships between IC, BS, and FP. The impact of financial crisis is also discussed. The results may serve as the criteria for strategic performance management.</abstract><cop>London</cop><pub>Emerald Group Publishing Limited</pub><doi>10.1108/MD-03-2012-0143</doi><tpages>22</tpages></addata></record> |
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| ispartof | Management decision, 2013-01, Vol.51 (7), p.1488-1509 |
| issn | 0025-1747 1758-6070 |
| language | eng |
| recordid | cdi_proquest_journals_1754074622 |
| source | Emerald A-Z Current Journals |
| subjects | Balanced Scorecard Book value Business failures Capital expenditures Capital markets Competition Competitive advantage Economic crisis Employees Financial statements Growth rate Human performance Hypotheses Information management Intellectual capital Knowledge Knowledge economy Lichens Management science & operations Management science/operations research Mediation Performance management R&D Research & development Return on assets Turnover Validity Variables |
| title | Mediation of strategy on intellectual capital and performance |
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