The model of intellectual capital evaluation in publicly listed companies

Abstract

The majority of publicly listed companies are trying to adapt to investors requirements and to provide as much information about company as possible. Company‘s potential of generating value added and ability to increase potential percentage of dividends attracts investors. Nevertheless, it appears that financial reports of publicly listed companies do not reflect all information, which is disposed by a respective company. Intellectual capital, being the most important factor of value added creation, is not being reflected in the financial reports and not even being managed by directors or managers. This paper provides the model of intellectual capital evaluation in publicly listed companies, which could potentially be a tool for evaluation, control and management.