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Intellectual Capital Disclosure and Firm Performance: An Empirical Analysis Through Integrated Reporting

In: 7th International OFEL Conference on Governance, Management and Entrepreneurship: Embracing Diversity in Organisations. April 5th - 6th, 2019, Dubrovnik, Croatia

Author

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  • Vitolla, Filippo
  • Raimo, Nicola
  • Rubino, Michele

Abstract

The purpose of this document is to empirically examine the impact of intellectual capital disclosure quality in the integrated reports on firm performance. The empirical research is based on a sample of 45 integrated reports. The results confirm our hypothesis that establish the existence of a significant and positive association between the intellectual disclosure quality and the firm performance. The results of this document are of considerable importance to policy makers and managers. In fact, an understanding of the benefits of intellectual capital disclosure quality, helps policy makers to assess the costs and benefits of disclosure. As far as managers are concerned, this study clearly shows that intellectual capital disclosure is a means to improve firm performance. This study is one of the first to provide evidence of the positive association between intellectual capital disclosure quality and firm performance in the context of integrated reporting.

Suggested Citation

  • Vitolla, Filippo & Raimo, Nicola & Rubino, Michele, 2019. "Intellectual Capital Disclosure and Firm Performance: An Empirical Analysis Through Integrated Reporting," 7th International OFEL Conference on Governance, Management and Entrepreneurship: Embracing Diversity in Organisations (Dubrovnik, 2019), in: 7th International OFEL Conference on Governance, Management and Entrepreneurship: Embracing Diversity in Organisations. April 5th - 6th, 2019, Dubrovn, pages 245-255, Governance Research and Development Centre (CIRU), Zagreb.
    • Handle: RePEc:zbw:ofel19:196084
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    References listed on IDEAS

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    Cited by:

    1. Raimo, Nicola & Zito, Marianna & Caragnano, Alessandra, 2020. "Firm Characteristics and Corporate Governance Disclosure in Integrated Reports," EconStor Conference Papers 224760, ZBW - Leibniz Information Centre for Economics.
    2. Athambawa Haleem & Samsudeen Thowfeek Ahamed & Wewaldeniyage Shanika Lakmali Kumarasinghe, 2020. "Investigation on the Value Relevance of Integrated Reporting and Organizational Capital: Evidence From Sri Lanka," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(6), pages 372-382, December.
    3. Salvi, Antonio & Vitolla, Filippo & Giakoumelou, Anastasia & Raimo, Nicola & Rubino, Michele, 2020. "Intellectual capital disclosure in integrated reports: The effect on firm value," Technological Forecasting and Social Change, Elsevier, vol. 160(C).
    4. Vitolla, Filippo & Raimo, Nicola & Rubino, Michele, 2020. "The determinants of corporate governance disclosure level in the integrated reporting context," EconStor Conference Papers 215826, ZBW - Leibniz Information Centre for Economics.
    5. Nicola Raimo & Filippo Vitolla & Arcangelo Marrone & Michele Rubino, 2021. "Do audit committee attributes influence integrated reporting quality? An agency theory viewpoint," Business Strategy and the Environment, Wiley Blackwell, vol. 30(1), pages 522-534, January.
    6. Valentina Minutiello & Patrizia Tettamanzi, 2022. "The quality of nonfinancial voluntary disclosure: A systematic literature network analysis on sustainability reporting and integrated reporting," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(1), pages 1-18, January.

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