Does intellectual capital efficiency improve firm performance in BRICS economies? A dynamic panel estimation

What is it about?

The purpose of this was to measure the efficiency of intellectual capital and its impact on the financial performance of firms in BRICS economies. The findings suggest a positive and significant relationship between the efficiency of intellectual capital and firm performance in almost all BRICS economies.

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Why is it important?

This is a timely study as the BRICS economies are thought to replace G7 economies therefore firms in these economies need to use their intangibles efficiently.