Proceedings of the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022)

The Impact of Intellectual Capital on Corporate Value of General Aviation Listed Companies Based on VAIC Model

Authors
Hang He1, Weiwei Luo1, *
1School of airport transportation and management engineering, Civil Aviation Flight University of China, Guanghan City, Sichuan, China
*Corresponding author. Email: 985319026@qq.com
Corresponding Author
Weiwei Luo
Available Online 29 December 2022.
DOI
10.2991/978-94-6463-042-8_157How to use a DOI?
Keywords
intellectual capital; corporate value; general aviation listed companies; VAIC model
Abstract

With the strong support of the government, the general aviation industry has realized the rapid expansion of enterprise scale, but the overall operation is not good. In the era of knowledge economy, intellectual capital has become the core competitive element in intelligent high-tech enterprises. As a general aviation enterprise in technology-intensive industry, it can explore new ways to create corporate value. Accordingly, the article empirically investigates the relationship between intellectual capital and the profitability, operational capacity and solvency of listed companies in general aviation listed companies, based on the VAIC model and selected panel data from 2016 to 2020. The results found that capital employed is positively related to all three capabilities; human capital is positively related to the first two capabilities and negatively related to solvency; and there was no relation between structural capital and all three capabilities. Finally, it is concluded that the development of Chinese general aviation listed companies mainly depends on capital employed, the emphasis on human capital is insufficient and gives some corresponding suggestions at last.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022)
Series
Advances in Computer Science Research
Publication Date
29 December 2022
ISBN
10.2991/978-94-6463-042-8_157
ISSN
2352-538X
DOI
10.2991/978-94-6463-042-8_157How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Hang He
AU  - Weiwei Luo
PY  - 2022
DA  - 2022/12/29
TI  - The Impact of Intellectual Capital on Corporate Value of General Aviation Listed Companies Based on VAIC Model
BT  - Proceedings of the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022)
PB  - Atlantis Press
SP  - 1103
EP  - 1108
SN  - 2352-538X
UR  - https://doi.org/10.2991/978-94-6463-042-8_157
DO  - 10.2991/978-94-6463-042-8_157
ID  - He2022
ER  -