The relationship between intellectual capital reporting and profitability: tehran stock exchange

The present world is the era of knowledge. Nowadays obvious riches and natural assets are not the only key to success of communities and organizations, but of having the intellectual capital and manage these assets is a key challenge in the field and turbulent environment. So that the role and importance of intellectual capital employed towards sustainable profitability is employed more than financial capital. Hence, this study examines the relationship between intellectual capital and earnings stability as an indicator of the quality of earnings in listed companies in Tehran Stock Exchange. Period of the study was between 2007 to 2011 years and includes 119 companies. In order to test the research hypothesis, after gather the necessary information from various sources, Pulic model for calculating the value of intellectual capital and O'Sullivan model is used to calculate profit stability. Also using spss and Eviews software attempting to hypotheses testing. The results of the test research hypotheses, indicates the existence of a significance relationship between intellectual capital and stable profits for listed companies at Tehran Stock Exchange.