The Moderating Effect of Proprietary Costs in the Relation Between Ownership Structure and Human Capital Disclosure in Sustainability Report

Sabrina Pisano (), Luigi Lepore (), Assunta Di Vaio () and Loris Landriani ()
Additional contact information
Sabrina Pisano: Parthenope University of Naples
Luigi Lepore: Parthenope University of Naples
Assunta Di Vaio: Parthenope University of Naples
Loris Landriani: Parthenope University of Naples

A chapter in Network, Smart and Open, 2018, pp 257-270 from Springer

Abstract: Abstract This paper investigates the relationship between ownership concentration and human capital disclosure in sustainability report, using both the agency theory and the proprietary costs theory . The findings show a negative relationship between ownership concentration and the level of human capital disclosure. The results also reveal that the association between ownership concentration and human capital disclosure is stronger for companies characterized by higher proprietary costs. This study contributes to the literature on human capital disclosure in different ways. First, we develop a wider human capital disclosure index, that could be utilized in future studies, and use this index to investigate the information released in the sustainability report. Moreover, this is the first study, to the best of our knowledge, examining the role of proprietary costs as a potential explanatory determinant, in conjunction with ownership structure, of human capital disclosure released in sustainability report.

Keywords: Human capital disclosure; Sustainability report; Ownership structure; Agency theory; Proprietary costs theory (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:lnichp:978-3-319-62636-9_17

Ordering information: This item can be ordered from
http://www.springer.com/9783319626369

DOI: 10.1007/978-3-319-62636-9_17

Access Statistics for this chapter

More chapters in Lecture Notes in Information Systems and Organization from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().