ABSTRACT
This study examined the effect of ownership structure on intellectual capital efficiency of nonfinancial firms listed on PSX 100 in Pakistan. This research has covered the data of nonfinancial firms from period 2010 to 2018 from the official website of Pakistan Stock Exchange and furthermore from the companies‟ financial statements. The independent variable of this research is ownership structure which is divided into five different categories family ownership, government ownership, institutional ownership, individual ownership and foreign ownership while the dependent variable of the research is value added capital efficiency which is divided into three components human capital efficiency, structural capital efficiency and capital employed efficiency which is calculated by using Public’s model Intellectual Capital Efficiency. The results of this study have shown that family ownership have a positive significant relationship with intellectual capital efficiency, government ownership a negative significant relationship with intellectual capital efficiency, institutional ownership a positive significant relationship with intellectual capital efficiency and foreign ownership structures have a positive significant impact on intellectual capital efficiency, while individual ownership, firm age, firm size and firm leverage have an insignificant impact on intellectual capital efficiency. The purpose of this study is to add to existing literature of ownership structure and intellectual capital efficiency in regard to Pakistan.
