Determinants of Intellectual Capital Performance of GCC Listed Banks

This study examines the level of intellectual capital (IC) performance of listed banks in the Arab Gulf Cooperation Council (GCC) countries using VAIC methodology and investigates the hypothesized impact of corporate governance variables (namely board diversity and ownership structure), bank specifi...

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Main Author:	Al-Musali, Mahfoudh Abdul Karem
Format:	Thesis
Language:	eng eng
Published:	2013
Subjects:	HD28-70 Management Industrial Management
Online Access:	https://etd.uum.edu.my/3999/1/s92948.pdf https://etd.uum.edu.my/3999/7/s92948.pdf
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id	my-uum-etd.3999
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Ku Ismail, Ku Nor Izah
topic	HD28-70 Management Industrial Management
spellingShingle	HD28-70 Management Industrial Management Al-Musali, Mahfoudh Abdul Karem Determinants of Intellectual Capital Performance of GCC Listed Banks
description	This study examines the level of intellectual capital (IC) performance of listed banks in the Arab Gulf Cooperation Council (GCC) countries using VAIC methodology and investigates the hypothesized impact of corporate governance variables (namely board diversity and ownership structure), bank specific characteristics (namely bank internationality, financial performance, bank adherence to Islamic Shariah principles, and bank risk), banking industry characteristics (namely banking industry concentration and presence of foreign banks) and macroeconomic environment on IC performance. In addition, this study determines the moderating role of the frequency of board meetings in the relationship between board diversity and IC performance. Multiple regression analyses are used to analyze the data. Hierarchical regression analysis is employed to examine if the frequency of board meetings moderates the relationship between board diversity and IC performance. The results of a survey of a sample of 128 GCC listed banks for the period 2008-2010, show that IC performance of GCC listed banks is low. Findings show that board interlocking, board size, representation of independent directors, family ownership, government ownership (when a government holds a majority of shares that is 51% or more), domestic strategic ownership, and domestic non-strategic ownership have significant relationships with IC performance. In addition, this study provides evidence that except for bank internationality, bank specific characteristics, banking industry characteristics, and macroeconomic environment play important roles in determining IC performance among GCC banks. Furthermore, the results generally do not support the study`s hypothesis that the impact of board diversity on IC performance is positive as the frequency of board meetings increases. The result of this study contributes to the body of knowledge in IC-related studies, particularly with regards to the determinants of IC performance. Findings provide some input to investors, managers, regulators and policymakers, as well as researchers in addressing the factors affecting IC performance.
format	Thesis
qualification_name	Ph.D.
qualification_level	Doctorate
author	Al-Musali, Mahfoudh Abdul Karem
author_facet	Al-Musali, Mahfoudh Abdul Karem
author_sort	Al-Musali, Mahfoudh Abdul Karem
title	Determinants of Intellectual Capital Performance of GCC Listed Banks
title_short	Determinants of Intellectual Capital Performance of GCC Listed Banks
title_full	Determinants of Intellectual Capital Performance of GCC Listed Banks
title_fullStr	Determinants of Intellectual Capital Performance of GCC Listed Banks
title_full_unstemmed	Determinants of Intellectual Capital Performance of GCC Listed Banks
title_sort	determinants of intellectual capital performance of gcc listed banks
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2013
url	https://etd.uum.edu.my/3999/1/s92948.pdf https://etd.uum.edu.my/3999/7/s92948.pdf
_version_	1747827663274246144
spelling	my-uum-etd.39992022-04-10T02:38:26Z Determinants of Intellectual Capital Performance of GCC Listed Banks 2013 Al-Musali, Mahfoudh Abdul Karem Ku Ismail, Ku Nor Izah Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HD28-70 Management. Industrial Management This study examines the level of intellectual capital (IC) performance of listed banks in the Arab Gulf Cooperation Council (GCC) countries using VAIC methodology and investigates the hypothesized impact of corporate governance variables (namely board diversity and ownership structure), bank specific characteristics (namely bank internationality, financial performance, bank adherence to Islamic Shariah principles, and bank risk), banking industry characteristics (namely banking industry concentration and presence of foreign banks) and macroeconomic environment on IC performance. In addition, this study determines the moderating role of the frequency of board meetings in the relationship between board diversity and IC performance. Multiple regression analyses are used to analyze the data. Hierarchical regression analysis is employed to examine if the frequency of board meetings moderates the relationship between board diversity and IC performance. The results of a survey of a sample of 128 GCC listed banks for the period 2008-2010, show that IC performance of GCC listed banks is low. Findings show that board interlocking, board size, representation of independent directors, family ownership, government ownership (when a government holds a majority of shares that is 51% or more), domestic strategic ownership, and domestic non-strategic ownership have significant relationships with IC performance. In addition, this study provides evidence that except for bank internationality, bank specific characteristics, banking industry characteristics, and macroeconomic environment play important roles in determining IC performance among GCC banks. Furthermore, the results generally do not support the study`s hypothesis that the impact of board diversity on IC performance is positive as the frequency of board meetings increases. The result of this study contributes to the body of knowledge in IC-related studies, particularly with regards to the determinants of IC performance. Findings provide some input to investors, managers, regulators and policymakers, as well as researchers in addressing the factors affecting IC performance. 2013 Thesis https://etd.uum.edu.my/3999/ https://etd.uum.edu.my/3999/1/s92948.pdf text eng public https://etd.uum.edu.my/3999/7/s92948.pdf text eng public Ph.D. doctoral Universiti Utara Malaysia Ab Razak, N. H., Ahmad, R., and Aliahmed, H. J. (2008). 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