An Appraisal of Intellectual Capital Management and Company Performance of Non-Manufacturing Company in Nigeria

This study examined the effect of intellectual capital management on company performance of non manufacturing companies in Nigeria. The objectives of the study are to; appraise the effect of value added physical capital (VACA) has a positive effect on the company's financial performance; appraise the effect of value added human capital (VAHU) has a positive effect on the company's financial performance; and appraise the effect of value added structural capital (STVA) has a positive effect on the company's financial performance. The study adopted ex-post facto method and data were regressed using statistical package for social sciences (SPSS) version 23. Result showed that value added physical capital (VACA) has a positive effect on the company's financial performance; that value added human capital (VAHU) has a positive effect on the company's financial performance; and that value added structural capital (STVA) has a positive effect on the company performance. The study therefore recommended that companies should emphasize on effective management of their intellectual assets for a firms competitive capability is in good stead when its intellectual capital is enhanced to drive its growth and profitability; that companies or firms should endeavour to increase the expertise of their work force through training and development programmes locally and if possible overseas as non-manufacturing firms need intellectual capital to strengthen competitive positions; and that corporate management should endeavour to provide adequate and conducive working environment, good welfare package, reviewing their personnel performance and engaging on regular training and development programmes.