ISSN: 2226-3624
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This study aims to identify the effect of intellectual capital on investment efficiency, considering the mediating role of innovation in industrial companies listed on the Amman Stock Exchange during the period 2021–2023. To measure the variables of interest, secondary data published on the Amman Stock Exchange website were analysed. The study sample consists of 20 industrial companies listed on the Amman Stock Exchange. The findings indicate that innovation partially mediates the relationship between intellectual capital and investment efficiency. Based on these results, the study recommends that industrial companies listed on the Amman Stock Exchange integrate innovation into their strategic plans, as it is crucial for improving the relationship between intellectual capital and investment efficiency by supporting research and development, encouraging new ideas, and creating a regulatory environment that fosters creativity.
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