Access the full text.
Sign up today, get DeepDyve free for 14 days.
The growth report: strategies for sustained growth and inclusive development
P. Vergauwen, L. Bollen, Els Oirbans (2007)
Intellectual capital disclosure and intangible value drivers: an empirical studyManagement Decision, 45
D. Prasad, G. Vozikis, M. Ariff (2006)
Government Public Policy, Regulatory Intervention, and Their Impact on IPO Underpricing: The Case of Malaysian IPOsJournal of Small Business Management, 44
N. Bontis (2003)
Intellectual Capital Disclosure in Canadian CorporationsJournal of Human Resource Costing & Accounting, 7
(2001)
Bursa Malaysia Securities Berhad
P. Athukorala, Jayant Menon (1996)
Foreign Investment and Industrialization in Malaysia: Exports, Employment and Spillovers*Asian Economic Journal, 10
Michela Cordazzo (2007)
Intangibles and Italian IPO prospectuses: a disclosure analysisJournal of Intellectual Capital, 8
J. Pearce, S. Zahra (1992)
BOARD COMPOSITION FROM A STRATEGIC CONTINGENCY PERSPECTIVEJournal of Management Studies, 29
Emma García‐Meca, I. Parra, M. Larrán, I. Martínez (2005)
The explanatory factors of intellectual capital disclosure to financial analystsEuropean Accounting Review, 14
T. Eisenberg, S. Sundgren, M. Wells (1998)
Larger board size and decreasing firm value in small firms 1 We wish to thank Asiakastieto Oy for fuJournal of Financial Economics
Emma García‐Meca, I. Martínez (2005)
Assessing the quality of disclosure on intangibles in the Spanish capital marketEuropean Business Review, 17
P. Bukh, C. Nielsen, Peter Gormsen, J. Mouritsen (2005)
Disclosure of information on intellectual capital in Danish IPO prospectusesAccounting, Auditing & Accountability Journal, 18
J. Guthrie, Richard Petty (2000)
Intellectual capital: Australian annual reporting practicesJournal of Intellectual Capital, 1
S. Deshpande, Jacob Joseph (2005)
Factors influencing corporate compliance with financial reporting requirements in New ZealandInternational Journal of Commerce and Management, 15
E. Fama, M. Jensen (1983)
Separation of Ownership and ControlThe Journal of Law and Economics, 26
Michael Jensen, W. Meckling (1976)
Harvard Business School; SSRN; National Bureau of Economic Research (NBER); European Corporate Governance Institute (ECGI); Harvard University - Accounting & Control UnitLSN: Law & Finance: Empirical (Topic)
L. Eng, Y. Mak (2003)
Corporate governance and voluntary disclosureJournal of Accounting and Public Policy, 22
C. Lin, L. Edvinsson, 林月雲 (2009)
What National Intellectual Capital Indices Can Tell About the Global Economic Crisis of 2007-2009?
K. Chen (2006)
Board composition, regulatory regime, and voluntary disclosureThe International Journal of Accounting, 41
Indra Abeysekera, J. Guthrie (2005)
An Empirical Investigation of Annual Reporting Trends of Intellectual Capital in Sri Lanka
K. Singam (2003)
Corporate Governance in MalaysiaThe Bond Law Review, 15
(1999)
Valuing IPOs
D. Campbell, M. Rahman (2010)
A longitudinal examination of intellectual capital reporting in Marks & Spencer annual reports, 1978–2008British Accounting Review, 42
K. Krippendorff (1980)
Content Analysis: An Introduction to Its Methodology
Emma García‐Meca (2005)
Bridging the gap between disclosure and use of intellectual capital informationJournal of Intellectual Capital, 6
Indra Abeysekera (2007)
Intellectual capital reporting between a developing and developed nationJournal of Intellectual Capital, 8
Pek Goh, K. Lim (2004)
Disclosing intellectual capital in company annual reports: Evidence from MalaysiaJournal of Intellectual Capital, 5
Saverio Bozzolan, F. Favotto, Federica Ricceri (2003)
Italian annual intellectual capital disclosure: An empirical analysisJournal of Intellectual Capital, 4
V. Beattie, S. Thomson (2007)
Lifting the lid on the use of content analysis to investigate intellectual capital disclosuresAccounting Forum, 31
Emma García‐Meca, I. Martínez (2007)
The use of intellectual capital information in investment decisions: An empirical study using analyst reportsThe International Journal of Accounting, 42
X. Qu (2007)
Multivariate Data AnalysisTechnometrics, 49
M. Milne, R. Adler (1999)
Exploring the reliability of social and environmental disclosures content analysisAccounting, Auditing & Accountability Journal, 12
Lawrence Abbott, Susan Parker (2000)
Auditor Selection and Audit Committee CharacteristicsEar and Hearing, 19
B. Lev, Paul Zarowin (1999)
The boundaries of financial reporting and how to extend themJournal of Accounting Research, 37
Malaysia's performance on intangible assets
T. Gerpott, Sandra Thomas, Alexander Hoffmann (2008)
Intangible asset disclosure in the telecommunications industryJournal of Intellectual Capital, 9
L. Parker (2007)
Financial and external reporting research: the broadening corporate governance challengeAccounting and Business Research, 37
Parulian Sihotang, Angeline Winata (2008)
The intellectual capital disclosures of technology-driven companies: evidence from IndonesiaInternational Journal of Learning and Intellectual Capital, 5
O. Anam, A. Fatima, A. Majdi (2011)
Effects of intellectual capital information disclosed in annual reports on market capitalization: Evidence from Bursa MalaysiaJournal of Human Resource Costing & Accounting, 15
Kamran Ahmed, J. Courtis (1999)
ASSOCIATIONS BETWEEN CORPORATE CHARACTERISTICS AND DISCLOSURE LEVELS IN ANNUAL REPORTS: A META-ANALYSISBritish Accounting Review, 31
Jeffrey Unerman, L. Striukova, J. Guthrie (2007)
Corporate Reporting of Intellectual Capital: Evidence from UK CompaniesCGN: UK (Topic)
G. Rimmel, C. Nielsen, Tadanori Yosano (2009)
Intellectual Capital in Japanese IPO ProspectusesJournal of Human Resource Costing & Accounting, 13
N. Vafeas (2000)
Board structure and the informativeness of earningsJournal of Accounting and Public Policy, 19
Prospectus guidelines for public offerings
C. Lin (2012)
National Intellectual Capital and the Financial Crisis in Greece, Italy, Portugal, and Spain
D. Yermack (1996)
Higher market valuation of companies with a small board of directorsJournal of Financial Economics, 40
G. Rimmel, Chitoshi Koga, Yosano Tadanori, C. Nielsen (2009)
Intellectual Capital Disclosures in Japanese IPO Prospectuses
D. Abdullah (2009)
It is Time Malaysian Companies Get Acquainted
Christine Botosan (1997)
Disclosure level and the cost of equity capitalAccounting review: A quarterly journal of the American Accounting Association, 72
Dichter, Steven (1995)
Real Change Leaders: How You Can Create Growth And High Performance At Your Company
J. Forker (1992)
Corporate Governance and Disclosure QualityAccounting and Business Research, 22
(2009)
Intellectual capital and the capital market : A review and synthesis ( 2010 )
Inderpal Singh, J–L Zahn (2008)
Determinants of intellectual capital disclosure in prospectuses of initial public offeringsAccounting and Business Research, 38
Tim Loughran, J. Ritter (2002)
Why Has IPO Underpricing Changed Over Time?Financial Management
F. Cerbioni, A. Parbonetti (2007)
Exploring the Effects of Corporate Governance on Intellectual Capital Disclosure: An Analysis of European Biotechnology CompaniesEuropean Accounting Review, 16
(2007)
Malaysian Code on Corporate Governance, Securities Commission
M. Firth, Chee Liau-Tan (1998)
Auditor Quality, Signalling, and the Valuation of Initial Public OfferingsJournal of Business Finance & Accounting, 25
Fr Place (2004)
A tale of two reports.Health progress, 85 3
J. Gilbert, J. Ivancevich (2000)
Valuing diversity: A tale of two organizationsAcademy of Management Perspectives, 14
James Westphal, E. Zajac (1998)
The symbolic management of stockholders: Corporate governance reforms and shareholder reactionsAdministrative Science Quarterly, 43
M. Jensen (1993)
The Modern Industrial Revolution, Exit, and the Failure of Internal Control SystemsCGA: Governance & Internal Control Systems (Topic)
Jeffrey Unerman (2000)
Methodological issues ‐ Reflections on quantification in corporate social reporting content analysisAccounting, Auditing & Accountability Journal, 13
V. Jog, Bruce McConomy (2003)
Voluntary Disclosure of Management Earnings Forecasts in IPO ProspectusesJournal of Business Finance & Accounting, 30
A. Haji, S. Mubaraq (2012)
The trends of intellectual capital disclosures: evidence from the Nigerian banking sectorJournal of Human Resource Costing & Accounting, 16
(1997)
Intellectual Capital: The Proven Way to Establish Your Company's Real Value by Measuring Its Hidden Brainpower
J. Guthrie, Richard Petty, Kittiya Yongvanich, Federica Ricceri (2004)
Using content analysis as a research method to inquire into intellectual capital reportingJournal of Intellectual Capital, 5
Carl Chen, N. Mohan (2002)
Underwriter Spread, Underwriter Reputation, and IPO Underpricing: A Simultaneous Equation AnalysisARN Wiley-Blackwell Publishers Journals
P. Vergauwen, Frits Alem (2005)
Annual report IC disclosures in The Netherlands, France and GermanyJournal of Intellectual Capital, 6
Inderpal Singh, J. Zahn (2007)
Does intellectual capital disclosure reduce an IPO's cost of capital?: The case of underpricingJournal of Intellectual Capital, 8
A review of narrative reporting by UK listed companies in
Martin Lipton, J. Lorsch (1992)
A Modest Proposal for Improved Corporate GovernanceBusiness Lawyer
Tim Loughran (2002)
Why Has IPO Underpricing Increased Over Time
Lídia Oliveira, L. Rodrigues, R. Craig (2006)
Firm‐specific determinants of intangibles reporting: evidence from the Portuguese stock marketJournal of Human Resource Costing & Accounting, 10
(2005)
share (%) breakdown by country/segment/product 15. Repurchases by customers 16
Charles Chen, B. Jaggi (2000)
Association between independent non-executive directors, family control and financial disclosures in Hong KongJournal of Accounting and Public Policy, 19
J. Guthrie, Richard Petty, Federica Ricceri (2006)
The voluntary reporting of intellectual capitalJournal of Intellectual Capital, 7
P. Collier, A. Gregory (1999)
Audit committee activity and agency costsJournal of Accounting and Public Policy, 18
E. Fama (1980)
Agency Problems and the Theory of the FirmJournal of Political Economy, 88
N. Brennan (2001)
Reporting Intellectual Capital in Annual Reports: Evidence from IrelandFinancial Accounting eJournal
D.F. Abdullah, S. Sofian
Intellectual capital: it is time Malaysian companies get acquainted
S. Williams (2001)
Is intellectual capital performance and disclosure practices relatedJournal of Intellectual Capital, 2
(2001)
The third outline perspective plan
Purpose – This study aims to investigate the factors influencing the disclosure of intellectual capital (IC) information in the Malaysian initial public offering (IPO) prospectus using multiple regression analysis. Design/methodology/approach – The sample consists of 130 companies in the technology and industrial products sectors of Bursa Malaysia that went through an IPO between 2004 and 2008. Initially, the extent of the IC disclosure index is quantified using content analysis methodology. The multiple regression analysis is then used to examine the associations of nine potential explanatory variables with IC disclosure level. Findings – In general, the results provide evidence that board size, board independence, age, leverage, underwriter and listing board significantly influence the extent of IC disclosure in an IPO prospectus. Nonetheless, the effect of each explanatory variable may vary in each estimated parameter of the multiple regression models. Three variables, board diversity, size and auditor, were not significant. Originality/value – Although many studies have examined the content of and reasons for IC disclosures, this study provides empirical evidence in this specific area, i.e. to explore the determinants of IC disclosure, particularly from the perspective of IPO prospectuses, in emerging countries such as Malaysia.
Journal of Intellectual Capital – Emerald Publishing
Published: Jan 13, 2012
Keywords: Intellectual capital; Initial public offering; Content analysis; Multiple regression analysis; Malaysia
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.