Compliance with intangible assets disclosure requirements: study of Portuguese non-financial companies

Abstract

Compliance with intangible assets disclosure requirements: study of Portuguese non-financial companies Cumplimiento de los requerimientos de revelación de los activos intangibles: estudio de empresas portuguesas no financieras.

Firm characteristics and Biological Asset Disclosure on Agricultural Firms

“…This result does not align with the research [6], [19], [23] which shows that listing status gives a positive influence to the disclosure level. On the other hand, this hypothesis testing results correspond with the testing conducted by [8] and [60] which shows that listing status does not have any influence on the intangible asset disclosure.…”

“…The research [82] shows that firms audited by the Big 4 audit firm disclose more intellectual capital than the firms audited by small audit firms. On the other hand, the research [8], [65], shows that there is no relationship between the auditor type and the intangible asset disclosure. There are several studies linked with biological asset disclosure.…”

“…Research [6], [19], [23] finds a positive influence between the level of disclosure with the listing status. On the other hand, research [8] and [60] concludes that listing status does not influence the intangible asset disclosure. This finding is then strengthened by [37] who finds that the listing status does not influence the biological asset disclosure.…”

“…However, in the research [5], [10], [16], [45] and [77] they conclude that profitability is not significantly influencing the disclosure. Research [8], [60], finds that profitability is not influencing the intangible asset disclosure. Research [55] and [65] finds that there is no correlation between profitability and intellectual capital disclosure.…”

“…The external auditor must ensure that the firm's financial statement has already met the valid financial accounting standard, including the disclosure level. Financial statement checking by the auditor is one of the ways to reduce the agency costs [8], [46], and improve the disclosure credibility. To reduce the agency costs and improve the disclosure credibility, a firm should choose an auditor that has a good reputation.…”