IDEAS home Printed from https://ideas.repec.org/a/ids/ijlica/v20y2023i5p538-556.html
   My bibliography  Save this article

Firm characteristics and corporate governance internal mechanism in intellectual capital disclosures of leisure industries in Indonesia and Thailand

Author

Listed:
  • Saarce Elsye Hatane
  • Ivana Fredlina Kurniawan
  • Sandra Marcella
  • Hendri Kwistianus

Abstract

This study investigated the function of firm characteristics and internal corporate governance mechanisms in assessing ICD in tourism and hospitality firms. A balanced panel weighted-least square analysis is performed on a sample of 51 Indonesian and Thai companies listed on the Indonesia Stock Exchange (IDX) and Stock Exchange of Thailand (SET), respectively, during the observation period of 2015 to 2019. Board tenure diversity is essential in reducing ICD. With other internal corporate governance mechanisms, government, managerial, and financial institutions ownerships are increasing the ICD. Firm size, leverage, profitability, and cost of equity as proxies of a firm's financial characteristics are favourable for ICD. The contribution of this study is to bolster the research results that prove the validity of agency and signalling theories in explaining the role of corporate governance and financial characteristics as resources that can boost firm's intellectual capital activities and disclosures.

Suggested Citation

  • Saarce Elsye Hatane & Ivana Fredlina Kurniawan & Sandra Marcella & Hendri Kwistianus, 2023. "Firm characteristics and corporate governance internal mechanism in intellectual capital disclosures of leisure industries in Indonesia and Thailand," International Journal of Learning and Intellectual Capital, Inderscience Enterprises Ltd, vol. 20(5), pages 538-556.
    • Handle: RePEc:ids:ijlica:v:20:y:2023:i:5:p:538-556
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=133233
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijlica:v:20:y:2023:i:5:p:538-556. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=86 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.