Intellectual Capital Efficiency And Enterprise Value Added

This study examined intellectual capital efficiency and enterprise value added. The specific objectives were to investigate whether human capital, structural capital, capital employed and relational capital disclosure have significant effect on enterprise value added of listed real estate firms in Nigeria. The secondary source of data collection was adopted in the study where the purposive sampling technique was used to select a sample size of four (4) listed real estate firms for the study. Least Square regression analysis was used in this study and the findings revealed that human capital, structural capital, capital employed and relational capital disclosure has no significant effect on enterprise value added of listed real estate companies in Nigeria. It was concluded that businesses must genuinely use their workforce as a competitive weapon in order to gain a competitive advantage and increasing worker productivity has become a key strategy to drive higher value for the companies. The study recommended that firms in Nigeria should improve their human capital efficiency by engaging in employee training as well as financial and nonfinancial rewards and that management of firms should increase capital employed and decrease structural capital investment in order to mitigate structural capital influence on cashflow performance.