Stakeholder Theory and the Voluntary Disclosure of Intellectual Capital Information
Journal Title: Caspian Journal of Applied Sciences Research - Year 2013, Vol 2, Issue 3
Abstract
Stakeholder theory is used to explore the voluntary disclosure of information regarding intellectual capital in the annual reports of listed Portuguese companies. The observed level and pattern of voluntary disclosure is found to be consistent with the managerial branch of stakeholder theory; and to be influenced strongly by the power of minority shareholders, creditors, consumer proximity, employees, the intensity of the holding of intangibles in the industry in which a company is located, and managerial board ownership. The understandings that emerge should inform regulatory efforts aimed at improving the level, quantity and scope of disclosures of intellectual capital items in financial reports.
Authors and Affiliations
Lídia Oliveira , Lúcia Rodrigues, Russell Craig
Keywords
Related Articles
- EP ID EP125436
- DOI -
- Views 124
- Downloads 0
Stakeholder Theory and the Voluntary Disclosure of Intellectual Capital Information
Stakeholder theory is used to explore the voluntary disclosure of information regarding intellectual capital in the annual reports of listed Portuguese companies. The observed level and pattern of voluntary disclosure is...
Effect of Manual Turning Frequency on Physico-Chemical Parameters During the Oil Palm Frond and Cow Dung Composting
This study aims at investigating the efficiency of oil palm frond composting, by the manual turning in different treatments. Oil palm frond (OPF) and cow dung, mixed at a 3:1 ratio, with 60% (w/v) moisture content,...
Micromorphological Properties and Classification of Soils in a Hillslope in Fereydoonshahr Area (Iran)
A study was carried out to investigate the micromorphological properties and classification of soils in Fereydoonshahr area in the Isfahan province (center of Iran) at Zagros Mountain. One way to study the soil is soil g...
Is Leadership Style Connected with the Productivity?
The link between managers’ effective leadership style and improving productivity at the organizational and personal level is an interesting topic for all administrative system during Reform Program. Leadership styl...
Effect of Government Spending and Macro-Economic Uncertainty on Private Investment: Evidence from Iran
This study investigates the effect of government spending and macroeconomic uncertainty on Private sector investment in Iran during 1971 to 2008. Co-integration and vector error-correction models are used to obtain the e...