Volume 8, Number 2, 2023,  1 – 10

Determinants of the Intellectual Capital Efficiency of Cambodian Commercial Banks


Zubir Azhar, Ph.D.
Universiti Sains Malaysia, Malaysia
Email: [email protected]
CamEd Business School, Cambodia 
Email: [email protected]


Received: July 2023
Revised:  September 2023
Accepted: December 2023


This study intends to investigate the potential effects of various bank-specific characteristics on the efficiency of intellectual capital (IC) in Cambodia’s commercial banks from 2013 to 2021. Using multiple regression analysis, the study examines the link between IC efficiency as a dependent variable and some independent variables. The study uses value-added intellectual capital (VAIC) established by Pulic (2004) to assess how IC is effectively utilized in Cambodian commercial banks. The findings show that the bank size, bank profitability, and entry barriers significantly influence IC efficiency. The study’s findings cannot be extrapolated to commercial banks in other countries or other study periods because the empirical testing has been confined to Cambodian commercial banks from 2013 to 2021. The study will aid banking regulators in identifying the variables influencing IC efficiency so they can take steps to improve the efficient utilization of IC resources and maximize value creation. This analysis is beneficial to bank management. Since it informs them of the variables, they should concentrate on increasing the IC efficiency of the banks. This study is the first to examine the variables that affect IC efficiency in commercial banks in Cambodia. It adds to the previous studies about the factors that affect IC efficiency in banks.

Keywords: Intellectual capital; Commercial banks; Cambodia

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Cite this article in APA 7

Azhar, Z. (2023). Determinants of the intellectual capital efficiency of Cambodian commercial banks. JAFESS, 8(2), 1 – 10.

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