Abstract
The purpose of this study is to examine empirically the association of intellectual capital disclosure (the overall, internal capital, external capital, and human capital disclosure) with firm value of high and nonhigh technology based companies in Malaysia. Past studies provide evidence that the positive relationship between intellectual capital disclosure and firm value may be influenced by types of industry. Due to the nature of high technology firms with a higher volume of intellectual capital as compared to non-high technology firms, the former are expected to disclose more on their intellectual capital. They are also expected to be undervalued in the case of no such disclosure made. The sample for this study consists of 233 firms listed on the Main Board of Bursa Malaysia on 31 December 2007. A positive and significant relationship between the level of intellectual capital disclosure and firm value was found. However, the type of industry is found to have no significant impact on the relationship. This suggests that both industries, high and non-high technology based, will benefit equally from the disclosure of their intellectual capital.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 29th International Business Information Management Association Conference - Education Excellence and Innovation Management through Vision 2020 |
| Subtitle of host publication | From Regional Development Sustainability to Global Economic Growth |
| Publisher | International Business Information Management Association, IBIMA |
| Pages | 4163-4183 |
| Number of pages | 21 |
| ISBN (Electronic) | 9780986041976 |
| Publication status | Published - 2017 |
| Event | 29th International Business Information Management Association Conference - Education Excellence and Innovation Management through Vision 2020: From Regional Development Sustainability to Global Economic Growth - Vienna, Austria Duration: 3 May 2017 → 4 May 2017 |
Other
| Other | 29th International Business Information Management Association Conference - Education Excellence and Innovation Management through Vision 2020: From Regional Development Sustainability to Global Economic Growth |
|---|---|
| Country | Austria |
| City | Vienna |
| Period | 3/5/17 → 4/5/17 |
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Keywords
- Firm value
- High technology firms
- Intellectual capital disclosure
- Malaysia
ASJC Scopus subject areas
- Business and International Management
- Management Information Systems
- Information Systems and Management
Cite this
Do intellectual capital disclosures create values for? High technology firms in Malaysia? / Hashim, Fathyah; Jaffar, Romlah; Hassan, Mohamat Sabri; Abdul Shukor, Zaleha.
Proceedings of the 29th International Business Information Management Association Conference - Education Excellence and Innovation Management through Vision 2020: From Regional Development Sustainability to Global Economic Growth. International Business Information Management Association, IBIMA, 2017. p. 4163-4183.Research output: Chapter in Book/Report/Conference proceeding › Conference contribution
}
TY - GEN
T1 - Do intellectual capital disclosures create values for? High technology firms in Malaysia?
AU - Hashim, Fathyah
AU - Jaffar, Romlah
AU - Hassan, Mohamat Sabri
AU - Abdul Shukor, Zaleha
PY - 2017
Y1 - 2017
N2 - The purpose of this study is to examine empirically the association of intellectual capital disclosure (the overall, internal capital, external capital, and human capital disclosure) with firm value of high and nonhigh technology based companies in Malaysia. Past studies provide evidence that the positive relationship between intellectual capital disclosure and firm value may be influenced by types of industry. Due to the nature of high technology firms with a higher volume of intellectual capital as compared to non-high technology firms, the former are expected to disclose more on their intellectual capital. They are also expected to be undervalued in the case of no such disclosure made. The sample for this study consists of 233 firms listed on the Main Board of Bursa Malaysia on 31 December 2007. A positive and significant relationship between the level of intellectual capital disclosure and firm value was found. However, the type of industry is found to have no significant impact on the relationship. This suggests that both industries, high and non-high technology based, will benefit equally from the disclosure of their intellectual capital.
AB - The purpose of this study is to examine empirically the association of intellectual capital disclosure (the overall, internal capital, external capital, and human capital disclosure) with firm value of high and nonhigh technology based companies in Malaysia. Past studies provide evidence that the positive relationship between intellectual capital disclosure and firm value may be influenced by types of industry. Due to the nature of high technology firms with a higher volume of intellectual capital as compared to non-high technology firms, the former are expected to disclose more on their intellectual capital. They are also expected to be undervalued in the case of no such disclosure made. The sample for this study consists of 233 firms listed on the Main Board of Bursa Malaysia on 31 December 2007. A positive and significant relationship between the level of intellectual capital disclosure and firm value was found. However, the type of industry is found to have no significant impact on the relationship. This suggests that both industries, high and non-high technology based, will benefit equally from the disclosure of their intellectual capital.
KW - Firm value
KW - High technology firms
KW - Intellectual capital disclosure
KW - Malaysia
UR - http://www.scopus.com/inward/record.url?scp=85029764461&partnerID=8YFLogxK
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M3 - Conference contribution
SP - 4163
EP - 4183
BT - Proceedings of the 29th International Business Information Management Association Conference - Education Excellence and Innovation Management through Vision 2020
PB - International Business Information Management Association, IBIMA
ER -