Effect of Intellectual Capital on Return on Assets of Insurance Firms in Nigeria

Effect of Intellectual Capital on Return on Assets of Insurance Firms in Nigeria

Ngozi Ben Anuonye

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Babcock University

Effect of Intellectual Capital on Return on Assets of Insurance Firms in Nigeria

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Abstract

Intellectual capital represents the efforts of workers towards the growth of an organization. The inability of firms to measure and quantify intellectual capital has posed fundamental problems overtime in the value measurement of firms. The purpose of this study is to evaluate the effect of IC in the value creation of insurance firms in Nigeria using their ROA. Expost facto research design was adopted in the selection of data. Primary and secondary data were employed. The target population consisted of 150 workers in the 3 strategic departments of human resources, accounts and marketing of 18 insurance companies using the purposive sampling technique. 150 questionnaires were distributed and a response rate of 74% was recorded. Face validity, content validity and pilot test were used to validate the instruments. The Cronbach’s Alpha reliability test gave a result of (r=0.806) and (r=0.800) respectively. Regression was used for data analyses at 5% level of significance.

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No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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How to Cite This Article

Ngozi Ben Anuonye. 2016. \u201cEffect of Intellectual Capital on Return on Assets of Insurance Firms in Nigeria\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 16 (GJMBR Volume 16 Issue C1).

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GJMBR Volume 16 Issue C1

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-C Classification JEL Code: G22

Submission ReceivedDecember 16, 2015
Peer Review Double Blind
Handling Editor
Accepted January 2, 2016
Published January 15, 2016

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February 9, 2016

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Article Matrices

Total Score: 101

Country: Nigeria

Subject: Global Journal of Management and Business Research - C: Finance

Authors: Ngozi Ben Anuonye (PhD/Dr. count: 0)

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Publish Date: 2016 02, Tue

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Total Views: 4091

Total Downloads: 1938

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