Do ex-bureaucrats on boards improve efficiency in intellectual capital? Evidence from an emerging country

Ocak, M., Dalwai, T. ORCID: 0000-0001-5754-5384, Altuk-Ozturk, V.E., Arioglu, E., Shahab, Y. and Kablan, A., 2023. Do ex-bureaucrats on boards improve efficiency in intellectual capital? Evidence from an emerging country. Borsa Istanbul Review, 23 (5), pp. 1111-1131. ISSN 2214-8450

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Abstract

Relying on the resource dependence theory, this study investigates the effect on intellectual capital efficiency and its components of having board members who are former bureaucrats, using a sample of banks in Turkiye. The study uses a sample of 344 fırm-year observations of banks in Turkiye between 2005 and 2018 to investigate the relationship between ex-bureaucrat board members and intellectual capital efficiency. In addition to ordinary least squares (OLS), the current study employs instrumental variables with a two-stage least squares model to mitigate potential endogeneity concerns. Our findings show that ex-bureaucrat board members have a significantly positive association with intellectual capital efficiency at banks in Turkiye.

Item Type:	Journal article
Publication Title:	Borsa Istanbul Review
Creators:	Ocak, M., Dalwai, T., Altuk-Ozturk, V.E., Arioglu, E., Shahab, Y. and Kablan, A.
Publisher:	Elsevier
Date:	September 2023
Volume:	23
Number:	5
ISSN:	2214-8450
Identifiers:	Number Type 10.1016/j.bir.2023.06.003 DOI S2214845023000716 Publisher Item Identifier 1879048 Other
Rights:	Copyright © 2023 Borsa İstanbul Anonim Sirketi. This is an open access article under the CC BY-NC-ND license (https://creativecommons.org/licenses/by-nc-nd/4.0/).
Divisions:	Schools > Nottingham Business School
Record created by:	Jonathan Gallacher
Date Added:	27 Mar 2024 08:22
Last Modified:	27 Mar 2024 08:22
URI:	https://irep.ntu.ac.uk/id/eprint/51163

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