The effect of audit committee characteristics on intellectual capital disclosure
By Jing Li, M. Mangena, Richard Pike. 2012
388 citations recorded by the source corpus.
Abstract This paper, using data from 100 UK listed firms, investigates the relationship between audit committee characteristics and intellectual capital (IC) disclosure. We find that overall IC disclosure is positively associated with audit committee characteristics such as the size and frequency of meetings, and negatively associated with audit committee directors' shareholding. We find no significant relationship between IC disclosure and audit committee independence and financial expertise. We also observe that the association between audit committee characteristics and IC disclosure varies with the IC components (i.e. human capital, structural capital and relational capital), suggesting that the underlying factors that drive various components of IC disclosure are different. These results have important implications for policy-makers in that they confirm that the effectiveness of audit committees in the corporate reporting processes is a function of certain characteristics.
Subfields: Accounting, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/0d61204470c908e83a6cae62ade27a6b7a58a550
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In Accounting
- K. Hussainey
- Hichem Khlif
- Khaled Samaha
- Nor Aziah Abdul Manaf
- Zuaini Ishak
- Hisham Madi
- Collins G. Ntim
- Ahmed A. Elamer
In Strategy and Management
Citations in the corpus
- The impact of board and audit committee characteristics on voluntary disclosure: A meta-analysis (2015, background): “For instance, Lipton and Lorsh (1992) suggest that the arrangement of meetings and the reaching of a consensus, concerning some issues discussed during the board meetings, are more difficult for a company characterized by a large board.”
- The Impact of Audit Committee Characteristics on Corporate Voluntary Disclosure (2014, background): “The board of directors has delegated the responsibility of corporate reporting process to the AC (Bedard & Gendron, 2010; Li et al., 2012).”