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dc.contributor.authorLi, Jing*
dc.contributor.authorPike, Richard H.*
dc.contributor.authorHaniffa, Roszaini M.*
dc.date.accessioned2016-10-07T13:49:03Z
dc.date.available2016-10-07T13:49:03Z
dc.date.issued2007
dc.identifier.citationLi J, Pike HR and Haniffa RM (2007) Intellectual Capital Disclosure in Knowledge Rich Firms: The Impact of Market and Corporate Governance Factors. Bradford University School of Management Working Paper Series. No. 07/06.en_US
dc.identifier.urihttp://hdl.handle.net/10454/9582
dc.descriptionYes
dc.description.abstractIntellectual capital disclosure (ICD) in corporate annual reports has received growing European attention. To date, few studies have undertaken systematic analysis of the factors influencing the decision to disclose Intellectual Capital (IC) related information in annual reports. The purpose of this paper is to examine whether the level of hidden value (market-to-book ratio), share price volatility, listing age, board composition, ownership structure, audit committee size and directors’ shareholding, in addition to other firm specific factors influence ICD in 100 UK listed knowledge-rich firms. The dependent variable is measured by a 183 item index score, supported by word count and percentage of IC word count metrics to assess the extent, volume and focus of ICD respectively. Results of the analysis based on the three measures indicate significant association with hidden value, using market-to-book ratio as a proxy, and listing age. We further find firm size, share price volatility, director shareholding, audit committee size, and ownership concentration to be associated with ICD in a manner consistent with theoretical expectations. The implications of these findings, hitherto largely untested, are explored from a number of theoretical perspectives.en_US
dc.language.isoenen_US
dc.rights(c) 2007 University of Bradford.en_US
dc.subjectIntellectual capital disclosure
dc.subjectCorporate governance
dc.subjectMarket factors
dc.titleIntellectual Capital Disclosure in Knowledge Rich Firms: The Impact of Market and Corporate Governance Factorsen_US
dc.status.refereedNo
dc.typeWorking Paper
dc.type.versionPublished version paper
refterms.dateFOA2018-07-25T15:03:02Z
dc.relation.urlhttp://www.brad.ac.uk/acad/management/external/pdf/workingpapers/2007/Booklet_07-06.pdf
dc.openaccess.statusopenAccess


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