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| Title: | 智慧資本與經營績效關係性之實證研究 |
| Authors: | 林鈺傑
Lin,Yu-chieh |
| Contributors: | 陳明進
Chen,Ming-ching
林鈺傑
Lin,Yu-chieh |
| Keywords: | 平衡計分卡
智慧資本
經營績效
遞延效益
balanced scorecard
intellectual capital
business performance
legged effects |
| Date: | 2003 |
| Issue Date: | 2009-09-11 17:20:32 (UTC+8) |
| Abstract: | 經濟體系由過去以產品為導向、有形資產為主的經濟體系轉向為以知識、服務與無形資產為主的知識型經濟時，產業核心競爭力已逐漸改變，財務性及非財務性的智慧資本成為企業取得核心競爭力與確保未來獲利能力之驅動力量。因此本研究將智慧資本與企業經營績效之關係性研究，試著根據「平衡計分卡」以非財務性領先指標連結最終財務績效表現之觀點與「智慧資本」的觀念架構，以瞭解影響企業經營績效之核心智慧資本項目與衡量指標，並提出具體建議，期使企業內部經理人與外部投資人能獲得足夠且攸關的財務與非財務資訊，俾以做出正確的決策。
本研究乃針對我國上市(櫃)製造業為研究對象，包含資訊電子業、化學業、水泥、生物科技、玻璃陶瓷、食品、紡織、造紙、塑膠、運輸工具、電線電纜、橡膠輪胎、機電、鋼鐵金屬等產業，並將智慧資本分為人力資本、創新資本、流程資本以及顧客資本四大構面因素，探討智慧資本與經營績效之關係性，從企業內部管理者的觀點，以企業之經營績效作為衡量智慧資本所產生實質效益之衡量指標，並發展以下問題：
【問題一】人力資本對企業經營績效之影響為何？是否具有遞延效益？
【問題二】創新資本對企業經營績效之影響為何？是否具有遞延效益？
【問題三】流程資本對企業經營績效之影響為何？是否具有遞延效益？
【問題四】顧客資本對企業經營績效之影響為何？是否具有遞延效益？
研究結果顯示，整體而言，儘管並非所有自變數之反應皆如預期，智慧資本對企業之經營績效仍然具有正向之影響。就個別項目而言，代表人力資本衡量指標之「員工附加價值」與「員工變動率」，代表創新資本衡量指標之「研發投入密集度」，以及代表顧客資本之「廣告投入密集度」均對於當期經營績效具有正向之影響。而人力資本、創新資本以及流程資本對於經營績效則具有遞延一期以上之影響。
This study is based on the viewpoint of ” the balanced scorecard”－linking non-financial, leading performance measures to ultimate financial performance measures, and the framework of “intellectual capital” to analyize the relationship between intellectual capital and business performances, catch on which categories and measures of intellectual capital can be concerned with business performances, and set forth concrete suggestions. It’s anticipated that the management and investors would obtain enough and relevant information to make accurate decisions.
This study primarily focuses on the enterprises of manufacturing industry trading in Taiwan Stock Exchange Corporation, classifies intellectual capital into four categories: human capital, innovation capital, process capital and customer capital, and then analyzes the relationship between intellectual capital and business performances from the management’s viewpoint through using business performance as measures of benefit from intellectual capital. Four issues are as follows:
（1） Is human capital concerned with business performances? Are there any legged effects?
（2） Is innovation capital concerned with business performances? Are there any legged effects?
（3） Is process capital concerned with business performances? Are there any legged effects?
（4） Is customer capital concerned with business performances? Are there any legged effects?
The results show that intellectual capital as a whole has positive effects on business performances. Specificly, both “value-added by personnel” and “rate of personnel change” of human capital measures, “R&D intensity” of innovation capital measures, and “advertisement intensity” of customer capital measures are positively concerned with business performances. In addition, human capital, innovation capital, and process capital do have lagged effects on business performances. |
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| Description: | 碩士
國立政治大學
會計研究所
91353013
92 |
| Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0091353013 |
| Data Type: | thesis |
| Appears in Collections: | [會計學系] 學位論文
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