PurposeThe purpose of the present study is to make a comparison of intellectual capital performance between Indian pharmaceutical and textile industry. Further, the study attempts to investigate association between intellectual capital efficiency with financial performance and market valuation.Design/methodology/approachAn empirical study was carried out on data collected from CMIE database Prowess. VAIC was calculated on a select sample of 105, pharmaceutical companies and 102, textile companies. Correlation and OLS regressions models are used on panel data for the analysis.FindingsResults indicated that profitability and intellectual capital are positively associated but no significant relationship is observed between intellectual capital with productivity and market valuation in both industries. In spite of the growing importance of intellectual capital, its reflection is not proportionally observed in the financial performance of the select sample of companies.Research limitations/implicationsA more detailed study may be carried out taking the major knowledge‐intensive industries with cross‐section analysis to have better assessments of the results.Practical implicationsThe present study extends the knowledge of academician and managers about intellectual capital performance and its impact on financial and market performance of the companies. They may enhance the profitability and productivity of the companies by proper utilization of intellectual capital.Originality/valuePresent study extends the knowledge of intellectual capital performance and its utilization for increasing the financial and market performance of the companies.

Purpose This study aims to furnish the systematic literature review on integrated reporting (IR) and answer three research questions: How has the IR concept been developed recently across the different countries? How can the literature of IR be allocated among different focus areas/themes? What are the future opportunities available for IR? Design/methodology/approach The methodology involves selection, classification and categorization of 110 articles on IR into their focus areas, journals, time distribution, continent-wise distribution, research methodologies and keywords analysis. Findings The findings of the study suggest that there is a need of the following: increasing the case studies and empirical research in developing assurance models, analysis of the perception of shareholders in Asian countries, harmonization of financial and non-financial standards, research on the IR of non-listed companies. Practical implications It provides insights to practitioners regarding the challenges faced by the economies and internal organization. It might help researchers and academics to focus on developments of IR in different countries. It might also help regulators to develop some policies, models and frameworks for its future implementation. Originality/value It furnishes the outline of 110 articles published in eminent journals from the year 2011 to beginning of 2020.

This paper aims to investigate the relationship between intellectual capital efficiency and the attributes of corporate governance in the top 116 companies from 2012 to 2018. The VAIC has been calculated for the sample chosen, which did not include financial companies. The relationship between corporate governance structure and intellectual capital performance was investigated using panel data regression analysis. Results have shown that board size is negatively associated with intellectual capital and its components. CEO duality, on the other hand, is not found to be associated with intellectual capital performance. This study also shows that intellectual capital performance and human capital efficiency are negatively correlated with board independence, Indian promoters, institutional ownership, and foreign ownership. The components of intellectual capital performance, on the other hand, have yielded mixed results. The findings could be useful to policymakers while deciding on the composition and structure of the board.

This study investigates the web-based reporting of Indian hotel industry and analyzes the pattern and determinants influencing the web-based reporting. Content analysis has been carried out for exploring dissemination of web-based reporting. The web based reporting is captured via general (162 parameters), financial (117 parameters) and presentation (24 parameters) indices. Ordinary least square regression technique has been deployed to establish the association between web-based reporting and the various determinants. Results revels that web-based reporting is significantly related to the size, liquidity, profitability and productivity of the hotels. Information symmetry and online reporting via internet technology facilitate various stakeholders.

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