%0 Journal Article
%T The Valuation of Organizational Capital
%A Fiala Roman
%A Bor£¿vkov¨¢ Jana
%A Bor£¿vkov¨¢ Jana
%J Journal of Competitiveness
%D 2012
%I Tomas Bata University, Zl¨ªn
%X 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.
%K organizational capital
%K linear regression model
%K performance
%K return on equity
%K return on assets
%K return on sales
%K correlation
%U http://www.cjournal.cz/files/121.pdf