Intellectual Capital Disclosure: the Portuguese Case

Maria Manuela Martins (), Ana Isabel Morais (), Helena Isidro () and Raul Laureano ()
Additional contact information
Maria Manuela Martins: Instituto Universitário de Lisboa (ISCTE-IUL), Business Research Unit (BRU-IUL)
Ana Isabel Morais: ISEG-Lisboa School of Economics & Management
Helena Isidro: Instituto Universitário de Lisboa (ISCTE-IUL), Business Research Unit (BRU-IUL)
Raul Laureano: Instituto Universitário de Lisboa (ISCTE-IUL), Business Research Unit (BRU-IUL)

Journal of the Knowledge Economy, 2018, vol. 9, issue 4, No 9, 1224-1245

Abstract: Abstract The purpose of this research is to identify the factors that can explain practices of voluntary disclosure of information on intellectual capital (IC). This is an empirical quantitative study that seeks to examine the influence of certain firm characteristics (firm size, auditor type, ownership concentration, industry, proportion of non-executive directors (NEDs) on the board, chairman/CEO duality and audit committee) on intellectual capital disclosure (ICD) in Portuguese companies. ICD data for this longitudinal study were gathered from the annual reports of 32 Portuguese listed firms over 5 years using content analysis. The results of this study indicate that firm size and industry are explanatory factors of the level of disclosure of information on intellectual capital. One of the limitations of the empirical part of the study derives from choosing the content analysis method because it is subject to the subjectivity of interpretation. Another limitation is the small sample size and the application only to Portugal which reduces the ability to generalize the results to other settings. This study contributes to the IC literature, providing new empirical data covering the analysis of 5 years of disclosure related to corporate governance.

Keywords: Intellectual capital; Annual reports; Disclosure; Portugal; Content analysis; Regression analysis (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://link.springer.com/10.1007/s13132-016-0412-6 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:jknowl:v:9:y:2018:i:4:d:10.1007_s13132-016-0412-6

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/13132

DOI: 10.1007/s13132-016-0412-6

Access Statistics for this article

Journal of the Knowledge Economy is currently edited by Elias G. Carayannis

More articles in Journal of the Knowledge Economy from Springer, Portland International Center for Management of Engineering and Technology (PICMET)
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().