THE MEDITATING ROLE OF INTELLECTUAL CAPITAL BETWEEN INNOVATION, CORPORATE GOVERNANCE AND FIRM PERFORMANCE OF THE SMES OF PAKISTAN
Keywords:
intellectual capital, innovation,, corporate governance, firm performancefirm performanceAbstract
This study aims to explore, the mediating effect of intellectual capital (IC) on the relationship between innovation, corporate governance (CG), and firm performance specifically within the SME sector in Pakistan. Data was collected through questionnaires through random sampling. PLS-SAM is used for data analysis. CG and innovation have positive relations with firm performance. Intellectual capital also indicates the relation between CG and firm performance. The current research is useful for policy makers and mangers which provides the foundation for knowledge creation, knowledge sharing, and the development of innovative products, processes, and business models. Additionally, effective CG practices are essential for promoting transparency, accountability, and responsible decision-making within SMEs.