Intellectual Capital Information Disclosure of Top Indian Corporations

Birari, Abhijeet

doi:10.9756/sijasree/v7i4/03040140102

Cited by 4 publications

(4 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…It has been found that top Indian, US and Japanese companies had shown a significant improvement in their disclosure of information on intellectual capital (Ragini, 2012). Comparison across sectors have revealed that information technology firms were reporting maximum information on intellectual capital (Birari, 2015), while another study found that the finance and banking industry was more involved in reporting the intellectual capital information in the annual reports (Jayasooriya et al , 2015). Nguyen et al (2015) found that goodwill disclosure practices were poor and diversified across the sectors.…”

Section: Background Of the Studymentioning

confidence: 99%

“…Manner in which the information related to intellectual capital is reported is also of importance. Some authors explored that the most of the reported intellectual capital attributes are expressed in discursive form (Sen and Sharma, 2013; Mehrotra and Malhotra, 2015; Birari, 2015; Razak and Tobiagi, 2016). The authors conclude that there is a need of uniformity and standardisation in reporting the information on intellectual capital.…”

Section: Background Of the Studymentioning

confidence: 99%

See 1 more Smart Citation

Intellectual capital disclosures in an emerging economy: status and trends

Sharma

Dharni

2017

JIC

View full text Add to dashboard Cite

Purpose The purpose of this paper is to study the status and trend of intellectual capital disclosures by selected companies in India. Three categories of intellectual capital disclosures across six industry groups were measured. The relation of the three categories of disclosures, i.e. human capital, relational capital and structural capital disclosures with the measures of organisational performance such as sales, R&D, R&D intensity, net profit and export intensity has also been studied. Design/methodology/approach Based on National Industrial Classification 2008, six sectors, namely pharmaceutical, basic metals, industrial manufacturing, energy, financial services and information technology were included in the study and 20 companies were selected from each sector based on the availability of data from 2004-2005 to 2013-2014, thus, making a sample of 1,200 firm-years. For collecting the data, a list of keywords related to various dimensions of intellectual capital was prepared and the count of keywords was searched in the annual reports of the companies. Findings Significant and positive trend coefficients were found in the majority of the sectors. Analysis revealed that trend coefficients differed across various sectors indicating the presence of sector specificity. Results of trend analysis reveal that structural capital-related disclosures have stagnated in case of pharmaceutical sector after hitting the peak. Significant variations were found across sectors in terms of all three types of intellectual capital disclosures. Results of study empirically support the fact that intellectual capital disclosures tend to increase with size of the organisation. Research limitations/implications As data have been collected from annual reports of the companies, the accuracy of the findings is limited to the accuracy of the reported data. Originality/value The study is an original piece of work. This study provides an insight into the disclosure trend of intellectual capital in an emerging economy.

show abstract

Section: Background Of the Studymentioning

confidence: 99%

Section: Background Of the Studymentioning

confidence: 99%

Intellectual capital disclosures in an emerging economy: status and trends

Sharma

Dharni

2017

JIC

View full text Add to dashboard Cite

show abstract

“…In addition to physical capital, intellectual capital enhances firm performance (Dzenopoljac et al , 2017; Miyagawa et al , 2013; Hierman and Clarysse, 2007; Oliver and Fumas, 2011; Garcia-Meca et al , 2005). Literature has suggested a tendency of meager intellectual capital reporting on the part of Indian companies (Mehrotra and Malhotra, 2015; Birari, 2015; Sen and Sharma, 2013; Ragini, 2012).…”

Section: Study Background and Hypotheses Formulationmentioning

confidence: 99%

Trends and relationship among intellectual capital disclosures, patent statistics and firm performance in Indian manufacturing sector

Dharni¹,

Jameel²

2021

JIC

View full text Add to dashboard Cite

PurposeThis study highlights the trends of qualitative intellectual capital disclosures and patent statistics in the Indian manufacturing context by considering the numerous patent applications, patent grants, forward citations and backward citations. Furthermore, the study investigates the relation among qualitative disclosures, patent statistics and firm performance.Design/methodology/approachAll manufacturing companies of CNX 500 Index of National Stock Exchange of India Limited are considered. Based on data availability, 243 manufacturing firms spanning across seven major manufacturing sectors are included. Secondary data were obtained from the annual report of companies and patent databases from 2004 to 2005 to 2013–2014, generating a sample of 2,430 firm years. Content analysis and citation analysis are used for collecting the relevant data.FindingsOverall, the study results indicated increasing trends for all types of intellectual capital disclosures. Similar trends are observed for patent applications and patent grants, indicating a surge in patenting activities across the manufacturing sector. However, increasing trends in patenting activities are not reflected for forward and backward citations. In addition, significant differences in means and trend coefficients for qualitative disclosures and patent statistics indicated industry specificity within the Indian manufacturing sector. Furthermore, industry specificity is observed when translating intellectual capital to firm performance. The measure of firm performance, that is, Tobin's Q, is having a significant positive association with qualitative disclosures and patent statistics.Research limitations/implicationsAs the study is based on secondary data, its accuracy is limited by the accuracy of the data sources such as the annual reports of companies and patent databases.Practical implicationsThe study findings imply that policymakers should devise and execute sector-specific policy interventions. Moreover, managers and policymakers should emphasize the qualitative aspect of patenting activities.Originality/valueThe study is an original work that highlights the trends in qualitative disclosures in the Indian manufacturing context. The value relevance of intellectual capital and patent statistics has been established.

show abstract

“…In some studies, the proposed approach was categorised under four headings: general terms, human capital, structural capital and relational capital (Vergauwen and Alem, 2005; Brüggen et al , 2009; Vafaei et al , 2011). However, in others, the list was used without any further categorisation (Kamath, 2008; Joshi and Ubha, 2009; Joshi et al , 2011; Joshi et al , 2012; Birari, 2015).…”

Section: Review Of Literaturementioning

confidence: 99%

IC disclosure practices in India using a comprehensive disclosure framework

Maji

Goswami²

2018

JIBR

View full text Add to dashboard Cite

Purpose This paper aims to address the need to modify the existing intellectual capital (IC) disclosure frameworks and examines the disclosure practices of Indian knowledge-based companies by using a comprehensive IC disclosure index that has been developed in this study. Design/methodology/approach The annual reports of 30 listed knowledge-intensive companies from two sectors – pharmaceutical sector and engineering sector – have been analysed for a period of five years from 2010-2011 to 2014-2015. Additionally, the sample firms were ranked on the basis of market capitalisation (MC) to examine the IC reporting practice of firms with high and low MC. An IC disclosure index has been developed through comparative analysis of the frameworks used in three studies that is based on Bukh et al.’s (2001) classification. Further, the study has also considered intangibles and the related non-financial indicators of MERITUM guidelines. The disclosure index consists of a total of 69 items encompassing six components. Findings The overall IC disclosure trend showed an increase in reporting practice over the five-year study period. With respect to the components, process capital is found to be the most disclosed component while relational capital is the least disclosed component. After categorisation of firms into high and low MC, it has been observed that the IC disclosure scores of firms with high MC are significantly higher than firms with low MC. Practical implications This paper has developed an IC disclosure index through careful analysis and scrutiny of the existing frameworks which contributes to the existing literature. Likewise, the use of a comprehensive framework can aid the investors to know the true value of the firm and make proper market decisions. Originality/value This is the first paper in the Indian context in which a modified IC disclosure index is framed based on Bukh et al. (2001) framework for examining IC reporting practices.

show abstract

Intellectual Capital Information Disclosure of Top Indian Corporations

Cited by 4 publications

References 0 publications

Intellectual capital disclosures in an emerging economy: status and trends

Intellectual capital disclosures in an emerging economy: status and trends

Trends and relationship among intellectual capital disclosures, patent statistics and firm performance in Indian manufacturing sector

IC disclosure practices in India using a comprehensive disclosure framework

Contact Info

Product

Resources

About