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The purpose of the research is to test the effect of intellectual capital efficiency on firm profitability and firm value of firms operating in the information and communication technologies sector in Borsa Istanbul (BIST). The research sample consists of thirteen firms and covers the years between 2010 and 2020. The relationship between the effectiveness of intellectual capital components and firm performance is tested by constructing two different models and panel regression analysis. The dependent variables in the models are ROA (Return on Assets) and MTB (Market Value / Book Value) and the independent variables are the efficiency coefficients of the components in the VAICTM (Value Added Intellectual Capital Coefficient) model (HCE - human capital efficiency, SCE - structural capital efficiency, CEE - working capital efficiency). According to the research findings, the impact of intellectual capital components on firm performance is quite limited. Among the intellectual capital efficiency coefficients, only CEE has a positive effect on ROA. There is no relationship between intellectual capital efficiency components and MTB. [ABSTRACT FROM AUTHOR]

Intellectual or knowledge-based capital is an intangible asset that does not appear on the balance sheets. It consists of human, structural and customer capital components, is measurable, and has been providing a competitive advantage to businesses. In the study, the intellectual capital-financial performance relationship of 102 Borsa Istanbul Industrial Index companies with available data is analyzed on the basis of sub-sectors, by panel data analysis method, for the years 2008-2015. The results show that intellectual capital has a positive effect on financial performance, companies attach importance to human capital, but structural capital is not yet at a sufficient level in enterprises. [ABSTRACT FROM AUTHOR]

The industrial sector has a crucial position in the economic growth process. However, industrial production falls before reaching the desired level, and countries abandon the objective of industrialization at an early stage. The transformation of agricultural economies into industrial economies over time is the first step in the development of the three-sector theory. It is argued that economic growth will occur as a result of the formation of a country's physical capital accumulation. In this framework, the Kaldor hypothesis was investigated by many researchers. In this study, it has been investigated how and in what way the industrial value-added will be affected by physical and human capital accumulation. For this purpose, as a result of the "Driscoll-Kraay Standard Error Estimator" obtained from the annual data of 34 OECD countries for 1996 and 2018, it was found that the improvements in physical capital increase the industrial value-added. On the other hand, it was concluded that the increase in human capital expenditures decrease the share of the industrial sector. [ABSTRACT FROM AUTHOR]

Corporate governance is a set of laws, regulations, codes and practices that enable a company to achieve human and financial capital, to show higher performance and thus to create economic value for the society and its stakeholders in the long term. The aim of this study is to measure the effect of the participation of 9 banks listed in Borsa Istanbul on the corporate governance index between 2012 and 2017 on their financial performance. For this purpose, panel data analysis was performed by using the data collected from the financial [ABSTRACT FROM AUTHOR]

Corruption is a common problem of developing, developed and underdeveloped countries. The relationship between corruption and economic growth may occur both directly and through corruption transmission channels. In this research using Panel Data Analysis, besides the direct impact of corruption on economic growth, the impact of corruption through human capital and investment channels that are accepted in the literature, has been analysed with the data of 11 member countries of the Black Sea Economic Cooperation BSEC between 2003-2017. As a result of the analysis, it is seen that besides the direct impact of corruption negative effect on economic growth, corruption also affects the economic growth through investment, channel. On the other hand, since there is no significant relationship between human capital and economic growth, it is concluded that the human capital variable does not act as a corruption transmission channel fort he BSEC countries. [ABSTRACT FROM AUTHOR]

According to the statistical classification of regions on Rev.1, Northeast Anatolia Region, East Anatolia Region and Southeastern Anatolia Region are Turkey's economically and socially underdeveloped regions. In Rev.2 distinction, Erzurum, Ağrı, Malatya, Van, Gaziantep, Sanlıurfa and Mardin proviences are sub-regions within this scope. During the planned economy period in Turkey these regions have been an issue for economic and social plan-projects continuously. In order to ensure economic growth, human capital needs to be examined especially. In this study, for seven sub-regions in Turkey the determinants of human capital such as education, health, culture and value-added per capita examined as a consequence of growth to consider the impact of competitiveness. Data used between the years 2007-2011 firstly converted to an index then panel data analysis performed. Effects of health, education, culture and value-added indexes on different regions competitiveness indexes are examined and inter-regional comparisons were carried out. According to panel data application based on regional competitiveness index; cultute and health indexes on TRB2 and TRC2 regions; education and health indexes on TRA1 and TRC1 regions; health and gross value added per capita indexes on TRB1region; culture and education indexes on TRC3 region have negative effects. According to the panel data application on TRA2 region; education, health, culture and gross value added per capita indexes have positive effects on regional competiteveness. From this point, education policies should be revised for he mentioned regions. The policies to be implemented for the development of education also need to be include culture and health policies. [ABSTRACT FROM AUTHOR]

According to the statistical classification of regions on Rev.1, Northeast Anatolia Region, East Anatolia Region and Southeastern Anatolia Region are Turkey's economically and socially underdeveloped regions. In Rev.2 distinction, Erzurum, Ağrı, Malatya, Van, Gaziantep, Sanlıurfa and Mardin proviences are sub-regions within this scope. During the planned economy period in Turkey these regions have been an issue for economic and social plan-projects continuously. In order to ensure economic growth, human capital needs to be examined especially. In this study, for seven sub-regions in Turkey the determinants of human capital such as education, health, culture and value-added per capita examined as a consequence of growth to consider the impact of competitiveness. Data used between the years 2007-2011 firstly converted to an index then panel data analysis performed. Effects of health, education, culture and value-added indexes on different regions competitiveness indexes are examined and inter-regional comparisons were carried out. According to panel data application based on regional competitiveness index; cultute and health indexes on TRB2 and TRC2 regions; education and health indexes on TRA1 and TRC1 regions; health and gross value added per capita indexes on TRB1region; culture and education indexes on TRC3 region have negative effects. According to the panel data application on TRA2 region; education, health, culture and gross value added per capita indexes have positive effects on regional competiteveness. From this point, education policies should be revised for he mentioned regions. The policies to be implemented for the development of education also need to be include culture and health policies. [ABSTRACT FROM AUTHOR]

The world economy that go through of agricultural, industrial and knowledge focused revolutions is being fictionalized upon the theories which put forward human and humanity gradually. The concept of human capital has become the one of the basic factors of economic growth. In the study, first of all, the concept of human capital has handled with perspectives of different authors. Then, the perspective of the schools of economic thought on human capital and their theoric debates on how the human capital can be measured has analyzed. In the application section, the indexes of human development, gross value added per capita, culture and regional competitiveness has developed as determinants of human capital. The data used in panel data analysis covers between 2007 and 2011 periods. Seven different models have setup in order to detect interactions between indexes of culture, education, health and regional competitiveness in panel data analysis. So directions of relations between this indexes have revealed. The study aims to fill the deficiency of researches about human capital on NUTS 2 level. [ABSTRACT FROM AUTHOR]

According to the statistical classification of regions on Rev.1, Northeast Anatolia Region, East Anatolia Region and Southeastern Anatolia Region are Turkey's economically and socially underdeveloped regions. In Rev.2 distinction, Erzurum, Ağrı, Malatya, Van, Gaziantep, Sanlıurfa and Mardin proviences are sub-regions within this scope. During the planned economy period in Turkey these regions have been an issue for economic and social plan-projects continuously. In order to ensure economic growth, human capital needs to be examined especially. In this study, for seven sub-regions in Turkey the determinants of human capital such as education, health, culture and value-added per capita examined as a consequence of growth to consider the impact of competitiveness. Data used between the years 2007-2011 firstly converted to an index then panel data analysis performed. Effects of health, education, culture and value-added indexes on different regions competitiveness indexes are examined and inter-regional comparisons were carried out. According to panel data application based on regional competitiveness index; cultute and health indexes on TRB2 and TRC2 regions; education and health indexes on TRA1 and TRC1 regions; health and gross value added per capita indexes on TRB1region; culture and education indexes on TRC3 region have negative effects. According to the panel data application on TRA2 region; education, health, culture and gross value added per capita indexes have positive effects on regional competiteveness. From this point, education policies should be revised for he mentioned regions. The policies to be implemented for the development of education also need to be include culture and health policies. [ABSTRACT FROM AUTHOR]

The importance of human capital in economic growth began to investigate since the second half of the 20th century and continues to this day. Especially today, when we live in the information, science and technology age the role of human capital in the economic growth is increasing. İn hundreds of studies including different periods and different groups of countries the econometric analysis demonstrated a strong relationship between human capital and economic growth. The purpose of this study is to investigate the relationship between human capital and economic growth in the 4 transition economies of Central Asia (Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan) during the period 1991-2013 by utilizing the Kao panel cointegration, Panel FMOLS methods. The cointegration test results show that there is a cointegration relationship between human capital and economic growth in transition economies. [ABSTRACT FROM AUTHOR]

The World economy that makes living from agricultural production in ancient times has adopted industrial and knowledge-based production with technological developments. Human highlighted theories have become mandatory with information centered production. Because human capital began to be recognized as the engine of economic growth. In this study, regional development and human capital concepts have been analyzed. In this direction, a panel data analysis has been executed with education and health indicators for 2007 - 2011 period with indexing. It is detected that regional competitiveness, gross value added per capita, health and culture indexes have positive impacts on education index. And also, regional competitiveness and gross value added per capita indexes have the negative impact on health index while education and culture indexes have the positive impact. This study aims to investigate the variables that impact on the level of human capital indicators in NUTS 2 level regions and fill the efficiency of searches on human capital. [ABSTRACT FROM AUTHOR]