The Bucharest Academy of Economic Studies Department of Accounting, Audit, Financial Analysis and Management Information Systems, Faculty of Accounting 6 Piaťa Romană, sector 1 010374 Bucurešti Romania
The aim of this research is to examine the degree to which different categories of intellectual capital are disclosed in the annual reports of a sample of large European companies. The sample comprises 18 companies included in the STOXX® Europe TMI Software & Computer Services Index, from six countries. Keeping with the previous literature, the present study has analysed the disclosed items of intellectual capital outside the financial reports of these entities; this methodological choice assumes that disclosure outside the requirements of accounting standards shows the true commitment of managers in the creation and development of intellectual capital. Therefore, we have collected the cross-sectional raw data from the management review section of selected annual reports for one fiscal year. We have used relevant methodologies from the earlier literature for the content analysis of intellectual capital disclosures. The elements disclosed in narrative form were coded as binary variables on an index scale, and several frequencies and charts are included in the discussion section. Frequencies found are only poorly comparable with the results of previous studies.
Abeysekera, I. — Guthrie, J. (2005): An Empirical Investigation of Annual Reporting Trends of Intellectual Capital in Sri Lanka. Critical Perspective on Accounting, 16: 151–163.
Guthrie J., 'An Empirical Investigation of Annual Reporting Trends of Intellectual Capital in Sri Lanka' (2005) 16Critical Perspective on Accounting: 151-163.
Guthrie J.An Empirical Investigation of Annual Reporting Trends of Intellectual Capital in Sri LankaCritical Perspective on Accounting200516151163)| false
Baklouti, M. A. — Jamoussi, W. — Affes, H. (2007): Les intangibles: émergence, reconnaissance et performance financière — Etude du marché tunisien (The Intangibles: Emergence, Recognition and Financial Performance — A Study of the Tunisian Market). 28ème Congrès de l’ Association Française de Comptabilité, Poitiers, France. Available at:
Bounfour, A. (2000): La valeur dynamique du capital immatériel (The Dynamic Value of Intellectual Capital). Revue Française de Gestion, 130: 111–124.
Bounfour A., 'La valeur dynamique du capital immatériel' (2000) 130Revue Française de Gestion: 111-124.
Bounfour A.La valeur dynamique du capital immatérielRevue Française de Gestion2000130111124)| false
Bounfour, A. — Epinette, G. (2006): Valeur et Performance des Systèmes d’Information: Une nouvelle approche du capital immatériel de l’entreprise (Value and Performance of Information Systems — A New Approach to Intellectual Capital). Paris: Dunod.
Epinette G., '', in Valeur et Performance des Systèmes d’Information: Une nouvelle approche du capital immatériel de l’entreprise, (2006) -.
Epinette G.Valeur et Performance des Systèmes d’Information: Une nouvelle approche du capital immatériel de l’entreprise2006)| false
European Commission (2006): Reporting Intellectual Capital to ARGUMENT Research Development and Innovation in SMEs. Report to the Commission of the High Level Expert Group on RICARDIS.
Feleaga, L. — Feleaga, N. — Dragomir, V. D. — Ionescu, I. (2010): Intellectual Capital and Organizational Information Systems. Proceedings of the 4th European Conference on Information Management and Evaluation. Lisboa, September 9–10, pp. 61–67.
Foster, G. — Gupta, M. — Sjoblom, L. (1996): Customer Profitability Analysis: Challenges and New Directions. Journal of Cost Management, (Spring): 5–17.
Goh, P. C. — Lim, K. P. (2004): Disclosing Intellectual Capital in Company Annual Reports Evidence from Malaysia. Journal of Intellectual Capital, 5(3): 500–510.
Lim K. P., 'Disclosing Intellectual Capital in Company Annual Reports Evidence from Malaysia' (2004) 5Journal of Intellectual Capital: 500-510.
Lim K. P.Disclosing Intellectual Capital in Company Annual Reports Evidence from MalaysiaJournal of Intellectual Capital20045500510)| false
Guthrie, J. — Petty, R. — Ferrier, F. — Wells, R. (1999): There is no Accounting for Intellectual Capital in Australia: Review of Annual Reporting Practices and the Internal Measurement of Intangibles with Australian Organizations. International Symposium Measuring and Reporting Intellectual Capital: Experience, Issues and Prospects, Amsterdam, 9–10 June.
Guthrie, J. — Petty, R. (2000): Intellectual Capital: Australian Annual Reporting Practices. Journal of Intellectual Capital, 1(3): 241–251.
Petty R., 'Intellectual Capital: Australian Annual Reporting Practices' (2000) 1Journal of Intellectual Capital: 241-251.
Petty R.Intellectual Capital: Australian Annual Reporting PracticesJournal of Intellectual Capital20001241251)| false
Hand, J. R. M. — Lev, B. (2003): Intangible Assets: Values, Measures, and Risks. Oxford University Press.
Hartog, J. (1999): Décortiquer le capital humain (Decorticating Human Capital). L’Observateur de l’OCDE, No. 215, January.
Hitt, A. M. — Bierman, L. — Shimizu, K. — Kochhar, R. (2001): Direct and Moderating Effects of Human Capital on Strategy and Performance in Professional Service Firms: AResource-based Perspective. The Academy of Management Journal, 44(1): 13–28.
Kochhar R., 'Direct and Moderating Effects of Human Capital on Strategy and Performance in Professional Service Firms: AResource-based Perspective' (2001) 44The Academy of Management Journal: 13-28.
Kochhar R.Direct and Moderating Effects of Human Capital on Strategy and Performance in Professional Service Firms: AResource-based PerspectiveThe Academy of Management Journal2001441328)| false
Morariu, M. C. (2010): Reporting of Intellectual Capital from the Romanian Companies’ Perspective. Proceedings of the 7th International Conference on Intellectual Capital, Knowledge Management and Organisational Learning, Hong Kong, China, 11–12 November, pp. 302–310.
Olsson, B. (2001): Annual Reporting Practices: Information about Human Resources in Corporate Annual Reports in Major Swedish Companies. Journal of Human Research Cost and Accounting, 6(1): 39–52.
Olsson B., 'Annual Reporting Practices: Information about Human Resources in Corporate Annual Reports in Major Swedish Companies' (2001) 6Journal of Human Research Cost and Accounting: 39-52.
Olsson B.Annual Reporting Practices: Information about Human Resources in Corporate Annual Reports in Major Swedish CompaniesJournal of Human Research Cost and Accounting200163952)| false
Wong, M. — Gardner, C. (2005): Intellectual Capital Disclosure: New Zealand Evidence. Presentation at Accounting and Finance Association of Australia and New Zealand (AFAANZ) Conference, Melbourne, Australia, 3–5 July.
Zyla, M. L. (2010): Fair Value Measurements: Practical Guidance and Implementation. Hoboken, NJ: John Wiley&Sons, Inc.
Zyla M. L., '', in Fair Value Measurements: Practical Guidance and Implementation, (2010) -.
Zyla M. L.Fair Value Measurements: Practical Guidance and Implementation2010)| false