INTELLECTUAL CAPITAL DISCLOSURE AND CORPORATE PERFORMANCE OF DEPOSIT MONEY BANKS IN NIGERIA

ABSTRACT

The study examines the relationship between intellectual capital disclosure and corporate performance in Nigerian deposit money banks. The objective of the study is to examine the relationship between intellectual capital (human capital, structural capital and relational capital) and corporate performance. This study used a sample of twelve (12) quoted banks in the Nigerian stock exchange that have consistently published their audited annual financial report from 2010 to 2019. The data collected were analyzed using descriptive statistics, correlation analysis, Variance Inflation Factor test and balanced panel regression.The results show that human capital exerts a significant positive relationship with corporate performance, and relational capital and firm age exert a significant negative relationship with corporate performance, while structural capital and firm size exert an insignificant negative relationship with corporate performance. The study concludes that human capital is a good driver of corporate performance. Hence, the study recommends that management of deposit money banks in Nigeria should commit huge investment in the development of human capital asset for improved corporate performance.