THE EFFECT OF INTELLECTUAL CAPITAL ON INSTITUTIONAL OWNERSHIP AND FIRM PERFORMANCE

The purpose of this study is to provide insights into the role of intellectual capital on institutional ownership and firm performance. With the development and increasing the willingness of researchers the present study investigates the effect of nonphysical factors on the firm performance. Today, the business nature faces significant challenges that have changed the economic activities. Occurrence of events such as competition, advances in information technology, and economic effort for obtaining top rankings, the need to continuously improve organizational performance is inevitable. Surviving and flourishing in this environment is possible only by obtaining the firm performance that requires achieving the superior performance of organizations with respect to issues affecting organizational performance. Intellectual capital is an intangible asset that can affect the structure and the components of organizations and using these tools can follow the sciences with the development of the traditional methods to modern methods

Institutional Iwnership, Performance, Intellectual Capital