Intellectual capital disclosures and corporate governance: An empirical examination. Issue 2 (December 2015)

• Record Type: Journal Article
• Authors: Muttakin, Mohammad Badrul; Khan, Arifur; Belal, Ataur Rahman
• Is Part Of: Advances in accounting. Volume 31:Issue 2(2015)
• Page Start: 219
• Page End: 227
• Publication Date: 2015-12
• Subjects: Intellectual capital disclosure -- Corporate governance -- Agency theory -- Bangladesh; Accounting -- Periodicals; 657.05
• DOI: 10.1016/j.adiac.2015.09.002
• Languages: English
• ISSNs: 0882-6110

Abstract

Abstract: Empirical examinations of the links between corporate governance and intellectual capital are underresearched, particularly from the context of emerging economies where corporate governance mechanisms tend to be largely ceremonial due to family dominance. This study aims to address this gap in the intellectual capital disclosure (ICD) literature by undertaking an empirical examination of the relationship between corporate governance and the extent of ICD of Bangladeshi companies. Inter alia, the key findings of this study suggest that there is a non-linear relationship between family ownership and the extent of ICD. This research also found that foreign ownership, board independence, and the presence of audit committees are positively associated with the extent of ICD. Conversely, family duality (i.e., where the positions of CEO and chairperson are occupied by two individuals from the same family) is negatively associated with the extent of ICD.