Determination of Intellectual Asset Dimensions in Tehran Stock Exchange Companies

摘要

The main objective of this article is defining intellectual capital and its constituent components and studying relation between intellectual capital and market value of companies, admitted at Tehran Stock Exchange (TSE) based on Bozbura Model. Almost in all models of measuring intellectual asset, its component is defined in three dimensions of human capital, relational capital and structural capital. At this research, components of intellectual capital are elaborated and four main hypotheses have been put forward. Subject of the present study includes all companies admitted at TSE, exceeding 442 companies, which are active in various industries and TSE halls. The results of the present study showed that there is a meaningful relation between human capital, relational capital and market value of companies admitted at TSE. Moreover, structural capital of these companies has relation with human capital and relational capital.