The Relationship Between Intellectual Capital and Financial Performance of Commercial Banks Listed on Vietnam Stock Market

Abstract

This study aims to study the impact of intellectual capital andfinancial performance of 30 Vietnamese commercial banks in the period from 2019-2022, using the system generalized method of moments (GMM). The find shows the positive impacts of that intellectual capital (VAIC) on the financial performance of the joint stock commercial banks. In addition, when observing the components of VAIC, it can be seen that capital efficiency (CEE), efficiency in using human resources (HCE) and capital structure (SCE) have a positive effect on efficiency financial performance of banks. In particular, the influence of CEE is significant in the financial performance of banks. Policy implications have emerged based on the findingsof this study.