Value Added Intellectual Capital of listed Companies in the Stock Exchange of Thailand

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Jaruwan Aeksapang
Phichet Sopapong


         This research aims to study intellectual capital of listed companies in the Stock Exchange of Thailand and to analyze the value added intellectual capital of listed companies in the Stock Exchange of Thailand. Data were collected from 56-1 form and the 240 companies’ annual reports during the year 2012-2016 in 8 industrial groups. The researcher uses Value Added Intellectual Coefficient (VAIC) to measure the intellectual capital of listed companies in the Stock Exchange of Thailand, which is a recognized method of measuring company intellectual capital and related to the efficiency or ability of the company management. The indicator used to measure the efficiency of resource utilization for organization management.

          The research results found that: the companies in the Stock Exchange of Thailand had the value added intellectual capital at the high level, with highest human efficiency coefficient in overall, and their support for the value added intellectual capital.In addition, if classified by industry groups, it showed that the consumer industry had higher capital coefficient than other industries. Besides, it found that companies listed on the Stock Exchange of Thailand have high intellectual capital value added.


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