Intellectual capital reporting among large Malaysian companies and their determinants

In this new economy, intellectual capital (IC) plays an important role compared to the physical assets in achieving a company’s value and success. This study examines the IC disclosure practices in the 2006 annual reports of the 70 largest Malaysian companies listed on Bursa Malaysia. IC disclosures...

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Main Author:	Robiah, Abu Bakar
Format:	Thesis
Language:	eng eng
Published:	2018
Subjects:	HD28-70 Management Industrial Management
Online Access:	https://etd.uum.edu.my/7771/1/s90624_01.pdf https://etd.uum.edu.my/7771/2/s90624_02.pdf
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id	my-uum-etd.7771
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Ku Ismail, Ku Nor Izah Md Yusof, Mohd. 'Atef
topic	HD28-70 Management Industrial Management
spellingShingle	HD28-70 Management Industrial Management Robiah, Abu Bakar Intellectual capital reporting among large Malaysian companies and their determinants
description	In this new economy, intellectual capital (IC) plays an important role compared to the physical assets in achieving a company’s value and success. This study examines the IC disclosure practices in the 2006 annual reports of the 70 largest Malaysian companies listed on Bursa Malaysia. IC disclosures were captured using content analysis, and an ‘Operational Definition of IC’ was used to measure the extent of IC reporting. The results indicated that the sampled companies provided a generous quantity of IC information. However, the inconsistency in the application of content analysis, as well as an absence of specific guidelines on IC, had led to substantive difference in IC reporting practices. This study also examines the possible determinants of IC disclosure practices from three perspectives: IC value in a company, corporate governance structure and company characteristics. The results of the regression analyses based on the four measures of IC disclosure, i.e. total IC, total human capital, total structural capital, and total relational capital, indicated significant associations with certain variables under these three perspectives. These findings offer support for the proposition that Malaysian companies disclose their IC information to legitimise their activities and performance, since management considers these information as part of their value creation process and is considered as value relevant information to their stakeholders. This research also provides evidence that there is a need to have a guideline (IC disclosure index), which can be used as a basis for IC reporting framework. A set of guidelines for companies in measuring and reporting of IC would be advantageous to both preparers and users of financial information. Such practices would enhance the consistency of IC disclosure.
format	Thesis
qualification_name	Ph.D.
qualification_level	Doctorate
author	Robiah, Abu Bakar
author_facet	Robiah, Abu Bakar
author_sort	Robiah, Abu Bakar
title	Intellectual capital reporting among large Malaysian companies and their determinants
title_short	Intellectual capital reporting among large Malaysian companies and their determinants
title_full	Intellectual capital reporting among large Malaysian companies and their determinants
title_fullStr	Intellectual capital reporting among large Malaysian companies and their determinants
title_full_unstemmed	Intellectual capital reporting among large Malaysian companies and their determinants
title_sort	intellectual capital reporting among large malaysian companies and their determinants
granting_institution	Universiti Utara Malaysia
granting_department	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
publishDate	2018
url	https://etd.uum.edu.my/7771/1/s90624_01.pdf https://etd.uum.edu.my/7771/2/s90624_02.pdf
_version_	1747828263757021184
spelling	my-uum-etd.77712021-08-11T06:48:52Z Intellectual capital reporting among large Malaysian companies and their determinants 2018 Robiah, Abu Bakar Ku Ismail, Ku Nor Izah Md Yusof, Mohd. 'Atef Tunku Puteri Intan Safinaz School of Accountancy (TISSA) Tunku Intan Safinaz School of Accountancy (TISSA) HD28-70 Management. Industrial Management In this new economy, intellectual capital (IC) plays an important role compared to the physical assets in achieving a company’s value and success. This study examines the IC disclosure practices in the 2006 annual reports of the 70 largest Malaysian companies listed on Bursa Malaysia. IC disclosures were captured using content analysis, and an ‘Operational Definition of IC’ was used to measure the extent of IC reporting. The results indicated that the sampled companies provided a generous quantity of IC information. However, the inconsistency in the application of content analysis, as well as an absence of specific guidelines on IC, had led to substantive difference in IC reporting practices. This study also examines the possible determinants of IC disclosure practices from three perspectives: IC value in a company, corporate governance structure and company characteristics. The results of the regression analyses based on the four measures of IC disclosure, i.e. total IC, total human capital, total structural capital, and total relational capital, indicated significant associations with certain variables under these three perspectives. These findings offer support for the proposition that Malaysian companies disclose their IC information to legitimise their activities and performance, since management considers these information as part of their value creation process and is considered as value relevant information to their stakeholders. This research also provides evidence that there is a need to have a guideline (IC disclosure index), which can be used as a basis for IC reporting framework. A set of guidelines for companies in measuring and reporting of IC would be advantageous to both preparers and users of financial information. Such practices would enhance the consistency of IC disclosure. 2018 Thesis https://etd.uum.edu.my/7771/ https://etd.uum.edu.my/7771/1/s90624_01.pdf text eng public https://etd.uum.edu.my/7771/2/s90624_02.pdf text eng public https://sierra.uum.edu.my/record=b1698819~S1 Ph.D. doctoral Universiti Utara Malaysia Abdolmohammadi, M.J. (2005). Intellectual capital disclosure and market capitalization. Journal of Intellectual Capital, 6(3), 397-416. Abdul Rahman, A. (1998). Disclosure of corporate financial information in Malaysia (Unpublished PhD thesis). University of Newcastle upon Tyne, UK. Abdul Rahman, M. R. (2016). 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