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Journal of Competitiveness

The Valuation of Organizational Capital

Fiala Roman, Borůvková Jana

organizational capital, linear regression model, performance, return on equity, return on assets, return on sales, correlation

The authors’ aim was to create a model suitable for measuring organization capital. This model was produced by means of the Forward and Backward Stepwise methods, on the basis of company information. Low p-levels (approaching 0) show the statistical significance of all regression coefficients, including the intercept. Organizational capital of 2,796 companies in the Czech Republic was quantified. A statistically significant correlation between organizational capital and return on equity (ROE), as well as between organizational capital and return on assets (ROA), has been established. This article is a part of the results of the project No. 402/09/2057 ‘‘Measurement and Management of Intangible Assets Impact on Firm Performance’’ financed by Czech Science Foundation.

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Fiala R., Borůvková J. (2012). The Valuation of Organizational Capital. Journal of Competitiveness, 4 (4), 123-132 https://doi.org/10.7441/joc.2012.04.09

Journal of Competitiveness


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ISSN 1804-171X (Print); eISSN 1804-1728 (On-line)

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