Intellectual capital and financial performance: An evaluation of the Australian financial sector

Purpose - The purpose of this paper is to examine the intellectual capital (IC) performance of the Australian Financial Sector for the period 2006-2008. It also aims to examine the relationship between IC performance and the financial performance of the financial sector. Design/methodology/approach - The value added intellectual coefficient (VAIC) approach developed by Pulic is used to determine the IC performance of the Australian financial sector. The required data to calculate different constituents of IC was obtained from the annual reports of Australian Financial Sector companies.