دانلود Intellectual capital disclosures and corporate governance: An empirical examination

Abstract

Empirical  examinations  of  the  links  between  corporate  governance  and intellectual capital are under researched, 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.