Determinants of Intellectual Capital Disclosure: An Investigation on DS30 Firms in Bangladesh
Research aim: The study aims to investigate intellectual capital disclosure (ICD) practices and its determinants in Bangladesh. Design/Methodology/Approach: The top 30 firms known as DS30 companies that reflect around 51 percent of the total equity market capitalisation have been considered as...
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doaj-55051b37a73c403091663b8c26cd94dc2021-04-02T18:13:02ZengUniversiti MalayaAsian Journal of Accounting Perspectives2672-72930128-03842019-08-011222748Determinants of Intellectual Capital Disclosure: An Investigation on DS30 Firms in BangladeshPappu Kumar Dey0Mohammad Omar Faruq1Department of Accounting and Information Systems, Faculty of Business Studies, Jahangirnagar University, Savar, DhakaDepartment of Business Administration, The People’s University of Bangladesh, Mohammadpur, DhakaResearch aim: The study aims to investigate intellectual capital disclosure (ICD) practices and its determinants in Bangladesh. Design/Methodology/Approach: The top 30 firms known as DS30 companies that reflect around 51 percent of the total equity market capitalisation have been considered as a sample. Content analysis is used to extract the data from the annual report of the respective firm for the years 2013 to 2017. Multiple regression analysis is performed to identify the determinants of ICD. Research findings: This paper finds that board independence and globally affiliated auditors have a substantial positive impact on ICD. In contrast, board gender diversity documents marginally significant negative association with ICD. However, our examination does not show any significant impact of board size, leverage, profitability and firm size on ICD quality. Theoretical contribution/ Originality: This study differs in its approach of narrowing down the items of ICD index to maintain the perspective of a developing country like Bangladesh. It is a longitudinal study and does not consider any particular industry of Bangladesh to identify the drivers of ICD. Practitioner/ Policy implication: Policymakers and regulators could consider the factors identified in this paper for setting corporate reporting regulations, particularly corporate governance mechanisms. Research limitation: This study considered only the top 30 firms and 30 disclosure items. Our investigation is limited to only the annual reports of the respective companies.https://ajap.um.edu.my/article/view/19704bangladeshds30 companiesdeterminantshuman capital |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Pappu Kumar Dey Mohammad Omar Faruq |
spellingShingle |
Pappu Kumar Dey Mohammad Omar Faruq Determinants of Intellectual Capital Disclosure: An Investigation on DS30 Firms in Bangladesh Asian Journal of Accounting Perspectives bangladesh ds30 companies determinants human capital |
author_facet |
Pappu Kumar Dey Mohammad Omar Faruq |
author_sort |
Pappu Kumar Dey |
title |
Determinants of Intellectual Capital Disclosure: An Investigation on DS30 Firms in Bangladesh |
title_short |
Determinants of Intellectual Capital Disclosure: An Investigation on DS30 Firms in Bangladesh |
title_full |
Determinants of Intellectual Capital Disclosure: An Investigation on DS30 Firms in Bangladesh |
title_fullStr |
Determinants of Intellectual Capital Disclosure: An Investigation on DS30 Firms in Bangladesh |
title_full_unstemmed |
Determinants of Intellectual Capital Disclosure: An Investigation on DS30 Firms in Bangladesh |
title_sort |
determinants of intellectual capital disclosure: an investigation on ds30 firms in bangladesh |
publisher |
Universiti Malaya |
series |
Asian Journal of Accounting Perspectives |
issn |
2672-7293 0128-0384 |
publishDate |
2019-08-01 |
description |
Research aim: The study aims to investigate intellectual capital disclosure (ICD) practices and its determinants in Bangladesh.
Design/Methodology/Approach: The top 30 firms known as DS30 companies that reflect around 51 percent of the total equity market capitalisation have been considered as a sample. Content analysis is used to extract the data from the annual report of the respective firm for the years 2013 to 2017. Multiple regression analysis is performed to identify the determinants of ICD.
Research findings: This paper finds that board independence and globally affiliated auditors have a substantial positive impact on ICD. In contrast, board gender diversity documents marginally significant negative association with ICD. However, our examination does not show any significant impact of board size, leverage, profitability and firm size on ICD quality.
Theoretical contribution/ Originality: This study differs in its approach of narrowing down the items of ICD index to maintain the perspective of a developing country like Bangladesh. It is a longitudinal study and does not consider any particular industry of Bangladesh to identify the drivers of ICD.
Practitioner/ Policy implication: Policymakers and regulators could consider the factors identified in this paper for setting corporate reporting regulations, particularly corporate governance mechanisms.
Research limitation: This study considered only the top 30 firms and 30 disclosure items. Our investigation is limited to only the annual reports of the respective companies. |
topic |
bangladesh ds30 companies determinants human capital |
url |
https://ajap.um.edu.my/article/view/19704 |
work_keys_str_mv |
AT pappukumardey determinantsofintellectualcapitaldisclosureaninvestigationonds30firmsinbangladesh AT mohammadomarfaruq determinantsofintellectualcapitaldisclosureaninvestigationonds30firmsinbangladesh |
_version_ |
1721552133764939776 |