Cost–benefit analysis of intellectual capital disclosure: University stakeholders’ view

Yolanda Ramírez Córcoles and Ángel Tejada Ponce

Revista de Contabilidad - Spanish Accounting Review, 2013, vol. 16, issue 2, 106-117

Abstract: The reporting of intellectual capital in higher education institutions becomes of vital importance mainly due to the fact that knowledge is the main output and input in these institutions. Also, the increasing social concern about establishing procedures of accountability and ensuring information transparency in public universities prompted us to raise the need to disclose information on their intellectual capital. This paper aims to know the main reasons why Spanish universities do not disclose information about their intellectual capital in the current accounting information model and the positive consequences that may result from such disclosure. To this end a questionnaire was designed and sent to all the members of the Social Councils of Spanish public universities. The obtained results show that intellectual capital disclosure results in a higher transparency of the institution, increased user satisfaction and improved credibility, image and reputation of the University, while it is the lack of internal systems of identification and measurement of intangible elements the main reason for not disclosing information on intellectual capital.

Keywords: Intellectual capital; Cost–benefit analysis; Disclosure; Universities; Spain; Capital intelectual; Análisis coste-beneficio; Divulgación; Universidades; España (search for similar items in EconPapers)
JEL-codes: I23 M14 M41 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1138489113000022

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:spacre:v:16:y:2013:i:2:p:106-117

DOI: 10.1016/j.rcsar.2013.07.001

Access Statistics for this article

Revista de Contabilidad - Spanish Accounting Review is currently edited by Bernabé Escobar Pérez

More articles in Revista de Contabilidad - Spanish Accounting Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().