Measuring intellectual capital and its relationship with the q Tobin ratio and systematic risk beta (study of Financial intermediation companies listed in Tehran Stock Exchange)

The purpose of this paper is to measure intellectual capital using pulic model and Investigate the relationship between the performance of each of its elements with qTobin ratio and systemic risk beta. Reviews the 26 Financial intermediation companies listed in Tehran Stock Exchange during the years 1386 to 1390 was performed. Hypothesis testing is performed using correlation coefficient and multivariate regression test and the results of the study indicated that the independent variable of human capital had positive significant effects on the performance criteria of systematic risk(β) and structural capital had negative significant effects on the performance criteria of systematic risk(β) of the companies understudy considering the regression model which was used. While the independent variable of physical capital had no significant effect on these performance criteria. Also independent variables of human capital and physical capital have positive significant effects on the performance criteria of qtobin ratio but structural capital had no significant effect on this scale