http://www.iaeme.com/IJM/index.asp 1969 editor@iaeme.com International Journal of Management (IJM) Volume 11, Issue 8, August 2020, pp. 1969-1987, Article ID: IJM_11_08_174 Available online at http://www.iaeme.com/IJM/issues.asp?JType=IJM&VType=11&IType=8 ISSN Print: 0976-6502 and ISSN Online: 0976-6510 DOI: 10.34218/IJM.11.8.2020.174 © IAEME Publication Scopus Indexed IMPACT OF INTELLECTUAL CAPITAL ON FINANCIAL PERFORMANCE AND INVESTMENT DECISIONS; EVIDENCE FROM NON-FINANCIAL SECTOR OF PAKISTAN Muhammad Asif Rashed Khan MS Business Administration National University of Modern Languages, Islamabad, Pakistan. Muhammad Adnan Afzal Lecturer, Department of Commerce Govt. College University, Faisalabad, Pakistan. Ashfaq Salamat PhD Scholar, International Institute of Management & Technology Studies, Central University of Nicaragua Muhammad Kashif Khurshid* Lecturer, National University of Modern Languages, Islamabad, Pakistan. Shahnawaz Saqib PhD Scholar, Department of Business Administration, GC University, Faisalabad, Pakistan *Corresponding Author ABSTRACT There are many models have been presented to determine the common facts of IC, like Tobin’s Q, Skandia Navigator and Value Added Intellectual Coefficient (VAIC TM ) introduced by Australian researcher (Pulic, 2000). In this paper VAIC TM calculation technique is applied to investigate the significance of the IC on financial performance and investment decisions of non-financial sector of Pakistan. Secondary data have been used in the unique study collected from the financial statements of 396 companies of non-financial sector in Pakistan. Data was collected from financial statements from 2006 to 2015 for this motive. The outcomes of the study express that the intellectual capital has meaningful association with financial performance and investment decisions.