An Evaluation of Intellectual Capital Disclosure: Evidence from Vietnamese Firms

Hoang, Thi Thuy An Hoang, Aly, Doaa A ORCID: 0000-0002-2037-6879, Abdelqader, Muath ORCID: 0000-0003-0698-1367, Melhem, Muntaser J, Darwish, Tamer K ORCID: 0000-0003-1815-9338 and Al Tweijer, Anas (2024) An Evaluation of Intellectual Capital Disclosure: Evidence from Vietnamese Firms. Journal of Financial Reporting and Accounting. doi:10.1108/JFRA-05-2024-0246 (In Press)

Text (AAM) 14612 Hoang T. et al (2024) An Evaluation of Intellectual Capital Disclosure Evidence from Vietnamese Firms AAM.pdf - Accepted Version Restricted to Repository staff only Available under License Creative Commons Attribution Non-commercial 4.0. Download (470kB)

Abstract

Purpose - This study explores the extent of Intellectual Capital Disclosure (ICD) in the annual reports of the top 50 listed Vietnamese companies. It assesses the influence of firm characteristics and corporate governance structure on ICD practices. Design/methodology/approach - ICD was measured using content analysis, specifically word count percentage. Panel data regression analysis was employed to examine the relationship between firm characteristics, governance structures, and the level of ICD. Findings - Results reveal that ICD levels among Vietnamese firms sampled are relatively low, averaging 17.43% of the overall annual report word count. Relational capital emerges as the most disclosed category of IC. Firm size, profitability, industry type, number of independent board members, and CEO duality, significantly impact the level of ICD. However, leverage, board size, and the presence of an audit committee show no significant influence on ICD. Practical implications - These findings offer insights into agency and signaling theories. They provide empirical evidence for stakeholders, academics, and regulatory bodies to comprehend ICD practices and identify factors that could enhance ICD in emerging markets like Vietnam. Originality/value - This study contributes to the literature by examining ICD practices in an emerging market context and identifying the impact of firm characteristics and governance structures on ICD levels, offering valuable implications for both theory and practice. Keywords: Intellectual Capital Disclosure; corporate governance; board characteristics; CEO duality; audit committee; Vietnam

Item Type:	Article
Article Type:	Article
Uncontrolled Keywords:	Intellectual Capital Disclosure; Corporate governance; Board characteristics; CEO duality; Audit committee; Vietnam
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HA Statistics H Social Sciences > HF Commerce > HF5001 Business > HF5601 Accounting. Bookkeeping H Social Sciences > HG Finance > HG4501 Investment, capital formation, speculation
Divisions:	Schools and Research Institutes > School of Business, Computing and Social Sciences
Depositing User:	Tamer Darwish
Date Deposited:	11 Dec 2024 10:41
Last Modified:	11 Dec 2024 10:45
URI:	https://eprints.glos.ac.uk/id/eprint/14612

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