20.500.12556/DKUM-85559-1af83d08-2946-74eb-198f-1e056d32335f Board structure and bank performance the mediating role of intellectual capital Struktura upravnega odbora in uspešnost bank posredniška vloga intelektualnega kapitala Intellectual capital in the knowledge era is a strategic advantage of board structure, which leads to the improvement of a company’s work and the achievement of its goals. The aim of this study is to develop a structural model that connects the corporate governance, intellectual capital and financial performance of the banking sector. Corporate governance is conceptualised by the board of directors as the main internal mechanism of corporate governance, which is measured by the size of the board of directors, the number of independent board members and the female board members. Intellectual capital represents a mediator in this model and its efficiency is calculated through the Value Added Intellectual Coefficient (VAIC) model, while the financial performance of banks is measured through return on assets (ROA) and return on equity (ROE). The results of the study conducted in 22 Serbian banks between 2015 to 2019 show that the size of the board of directors and the number of independent board members have a statistically significant impact on intelectual capital (IC), but there is no impact on total assets (ROA). The number of women in the board of directors does not have a statistically significant effect on either ROA or ROE. The findings also indicate that intellectual capital (HCE, SCE, CEE) has a significant mediating role in the relationship between board structure and bank performance. The results of this study will provide a significant contribution to further investment in intellectual capital as the strongest link in achieving positive effects on bank performance. Intelektualni kapital v dobi znanja je strateška pridobitev strukture upravnega odbora, ki vodi k izboljšanju dela podjetja in doseganju njegovih ciljev. Cilj te študije je razviti strukturni model, ki povezuje korporativno upravljanje, intelektualni kapital in finančno uspešnost bančnega sektorja. Korporativno upravljanje je zasnovano z upravnim odborom kot glavnim notranjim mehanizmom korporativnega upravljanja, ki se meri z velikostjo upravnega odbora, številom neodvisnih članov upravnega odbora in številom žensk v upravnem odboru. Intelektualni kapital je v tem modelu posrednik, njegova učinkovitost pa se izračuna z modelom intelektualnega koeficienta dodane vrednosti (VAIC), medtem ko se finančna uspešnost bank meri z donosnostjo sredstev (ROA) in donosnostjo kapitala (ROE). Rezultati študije, izvedene v 22 srbskih bankah med letoma 2015 in 2019, kažejo, da imata velikost upravnega odbora in število neodvisnih članov upravnega odbora statistično značilen vpliv na intelektualni kapital (IC), ni pa vpliva na celotna sredstva (ROA). Število žensk v upravnem odboru nima statistično značilnega vpliva niti na ROA niti na ROE. Ugotovitve kažejo tudi, da ima intelektualni kapital (HCE, SCE, CEE) pomembno posredniško vlogo v odnosu med strukturo upravnega odbora in uspešnostjo banke. Rezultati te študije bodo pomembno prispevali k nadaljnjemu vlaganju v intelektualni kapital kot najmočnejšim členom pri doseganju pozitivnih učinkov na uspešnost bank. corporate governance board of directors board structure i ntellectual capital financial performance banking sector banke bančništvo vodenje upravni odbori intelektualni kapital poslovna uspešnost Srbija true false false Angleški jezik Slovenski jezik Znanstveno delo 2023-09-01 10:13:17 2023-09-01 10:13:17 2025-06-06 03:06:12 0000-00-00 00:00:00 2022 0 0 str. 28-42 no. 2 Vol. 68 2022 0000-00-00 Zaloznikova Objavljeno NiDoloceno 0000-00-00 0000-00-00 2022-07-11 336.711(497.11) 142473475 10.2478/ngoe-2022-0009 0547-3101 https://journals.um.si/index.php/oe/article/view/2076 1 0d86b8a4-421a-11f0-9cf0-00155d000105 https://dk.um.si/Dokument.php?lang=slv&id=191840 https://journals.um.si/index.php/oe/article/view/2076 1 686f22d4-489f-11ee-b9d2-00155d000105 https://dk.um.si/Dokument.php?lang=slv&id=171161 10.2478_ngoe-2022-0010.pdf 10.2478_ngoe-2022-0010.pdf 1 0D59A88FFC201DE6EE5C1D2C29CFD818 924472d8522a319c02332223bbc0d6ac50710182ba0307624de44d41683a77df 75824dfc-489f-11ee-b9d2-00155d000105 https://dk.um.si/Dokument.php?lang=slv&id=171162 Ekonomsko-poslovna fakulteta Naše gospodarstvo 0 0 0