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Importance of Intellectual Capital Information: A Study of Australian Analyst Reports

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  • Subhash Abhayawansa
  • James Guthrie

Abstract

type="main"> This study explores the types of intellectual capital (IC) information considered important by analysts. It uses content analysis to examine IC information in 64 initiating coverage reports written on Australian listed companies. Results reveal that analysts consider several types of IC information to be important from a firm valuation perspective, many of which had not previously been examined in capital markets research. It was also found that the relative importance placed on types of IC varies by sector. Information on relational capital and company management was most commonly used within analyst reports, whilst information on employees, working environment and structural capital was used least frequently.

Suggested Citation

  • Subhash Abhayawansa & James Guthrie, 2014. "Importance of Intellectual Capital Information: A Study of Australian Analyst Reports," Australian Accounting Review, CPA Australia, vol. 24(1), pages 66-83, March.
    • Handle: RePEc:bla:ausact:v:24:y:2014:i:1:p:66-83
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    File URL: http://hdl.handle.net/10.1111/auar.12012
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    2. Emilia Startseva & Natalja Gurvitš & Inna Sidorova, 2015. "Human Capital Reporting and its Linkage with Key Performance Indicators of Companies: Evidence from Estonian Companies Listed on Nasdax OMX Baltic," Central European Business Review, Prague University of Economics and Business, vol. 2015(4), pages 48-57.
    3. Maria-Isabel Sánchez-Segura & Alejandro Ruiz-Robles & Fuensanta Medina-Dominguez, 2016. "Uncovering hidden process assets: A case study," Information Systems Frontiers, Springer, vol. 18(6), pages 1041-1049, December.

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