The effect of some models of measuring intellectual capital in the financial perspective on liquidity and debt: an applied research for a sample of banks listed on the Iraq Stock Exchange

Abstract

The research aims to identify the effect of the most common models in measuring intellectual capital quantitatively using the Tobins'Q 1997 and Stewart 1997 models on liquidity and debt for a sample of banks listed on the Iraq Stock Exchange, The research community was represented by the banks listed on the Iraq Stock Exchange ; and the research sample (5) banks were listed in the Iraqi financial market for a period of three years from 1/1/2015 to 31/12/2017 , For analyzing and testing the research hypotheses, the statistical methods of correlation and simple linear regression were used through the SPSS V.20 statistical program. The researchers concluded that there was no statistically significant effect of the two research models on the liquidity  and debt of the research banks , The researchers recommended that companies make continuous and fair disclosure of their information in order to gain the confidence of dealers in the financial market, as well as the optimal use of their intellectual and material assets .