SEM model based on organizational values and intellectual capital: a study conducted in entities of the peruvian financial system

Abstract

The research analyzes the effect of organizational values on the dimensions of intellectual capital: human capital, structural capital and relational capital. The importance of the study of radical constructs in the generation of knowledge, this has become a fundamental resource for companies, leading them to worry about the intangible nature of the organization. Organizational values, as the fundamental basis of the organization, providing support for the business union, therefore, there is a need to address these constructs. The study was carried out under the methodology of structural equation models (SEM), where an exploratory and confirmatory analysis was performed, with a sample of 207 organizations from 15 financial entities, and was based on the instrument of the profile inventory in organizational values, Similarly, the intellectual capital instrument was determined to determine the effect that endogenous variables have on exogenous ones. The results that show organizational values have a significant causal relationship with intellectual capital, and constructs; human capital (r=0.90), relational (r=0.63) and structural (r=0.89) with a mean square error of approximation (RMSEA) of 0.08 and a minimum discrepancy by degree of freedom (CMIN/df) of 2,398 which makes relevant the confirmatory model. Finally, a significant and positive causal relationship was found among the eight organizational values, which are positively influenced in human, structural and relational capital.