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Proceedings of the 3rd European Conference on Intellectual Capital

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Nellija Titova<br />

Annex 2: Summary <strong>on</strong> hypo<str<strong>on</strong>g>the</str<strong>on</strong>g>sis tested<br />

Return to<br />

Assets (ROA)<br />

Calculated<br />

Intangible<br />

value<br />

(CIV)<br />

Employee<br />

productivity<br />

(EP)<br />

Efficiency <str<strong>on</strong>g>of</str<strong>on</strong>g><br />

investments in<br />

human capital<br />

(IEHC)<br />

Barriers to entry<br />

(BtoE)<br />

Return to<br />

Equity<br />

(ROE)<br />

Return to<br />

Sales<br />

(ROS)<br />

Value Added <strong>Intellectual</strong> <strong>Capital</strong><br />

(VAIC)<br />

t.sk. tā elementu:<br />

HCE – human capital efficiency;<br />

SCE – structural capital efficiency;<br />

CEE – capital employed efficiency.<br />

Relative bank<br />

efficiency<br />

(BRE)<br />

Investments in<br />

IT<br />

(IIT)<br />

552<br />

Asset turnover<br />

(ATO)<br />

Bank risk<br />

(BR)<br />

Operating<br />

cash flow<br />

(OCF)<br />

Revenue<br />

growth<br />

(RG)<br />

Cost to assets<br />

(CTA)<br />

Market-to-book<br />

value<br />

(MB)<br />

Years

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