Staff View: Audit committee characteristics and their impact on intellectual capital disclosure: a study of listed manufacturing companies in Sri Lanka / Nimalathasan Balasundaram.

Audit committee characteristics and their impact on intellectual capital disclosure: a study of listed manufacturing companies in Sri Lanka / Nimalathasan Balasundaram.

In the today's knowledge based economy, intellectual capital (IC) is considered as a strategic asset which determines the value of the company. Different practices of disclosing IC information in annual reports that do not show the real financial position of a company, is a main problem in Sri...

Full description

Saved in:

Bibliographic Details
Main Author:	Balasundaram, Nimalathasan
Format:	Article
Language:	English
Published:	Accounting Research Institute and UiTM Press, Universiti Teknologi MARA 2019
Subjects:	Capital. Capitalism Capital. Capital investments
Online Access:	http://ir.uitm.edu.my/id/eprint/29368/1/29368.pdf http://ir.uitm.edu.my/id/eprint/29368/
Tags:	Add Tag No Tags, Be the first to tag this record!

id	my.uitm.ir.29368
record_format	eprints
spelling	my.uitm.ir.293682020-04-09T14:42:57Z http://ir.uitm.edu.my/id/eprint/29368/ Audit committee characteristics and their impact on intellectual capital disclosure: a study of listed manufacturing companies in Sri Lanka / Nimalathasan Balasundaram. Balasundaram, Nimalathasan Capital. Capitalism Capital. Capital investments In the today's knowledge based economy, intellectual capital (IC) is considered as a strategic asset which determines the value of the company. Different practices of disclosing IC information in annual reports that do not show the real financial position of a company, is a main problem in Sri Lankan companies. The objective of this study was to find out the impact of audit committee characteristics on Intellectual Capital Disclosure (ICD) of listed companies on the Colombo Stock Exchange (CSE) for a period of five- years from 2012/2013 to 2017/2018. The ICD index comprised of 30 items in terms of Relational Capital Disclosure (RCD), Structural Capital Disclosure (SCD) and Human Capital Disclosure (HCD). The data was analyzed using correlations and regression analysis. Most of the Sri Lankan Listed companies disclosed ICD in text, sentences, pictures, tables and graphs in line with the Global Reporting Initiative (GRI) guidelines in their annual reports. ICD was measured by a disclosure index score. The independent variables comprised various forms of audit committee characteristics: audit committee size, frequency of audit committee meetings and audit committee independence. The study confirms that the size of the audit committee and audit committee meetings are important attributes to explain ICD in Sri Lanka. However, the study found a negative significant relationship between ICD and audit committee independence. Accounting Research Institute and UiTM Press, Universiti Teknologi MARA 2019-04 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/29368/1/29368.pdf Balasundaram, Nimalathasan (2019) Audit committee characteristics and their impact on intellectual capital disclosure: a study of listed manufacturing companies in Sri Lanka / Nimalathasan Balasundaram. Asia-Pacific Management Accounting Journal (APMAJ), 14 (1). pp. 135-149. ISSN 2550-163
institution	Universiti Teknologi Mara
building	Tun Abdul Razak Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universiti Teknologi Mara
content_source	UiTM Institutional Repository
url_provider	http://ir.uitm.edu.my/
language	English
topic	Capital. Capitalism Capital. Capital investments
spellingShingle	Capital. Capitalism Capital. Capital investments Balasundaram, Nimalathasan Audit committee characteristics and their impact on intellectual capital disclosure: a study of listed manufacturing companies in Sri Lanka / Nimalathasan Balasundaram.
description	In the today's knowledge based economy, intellectual capital (IC) is considered as a strategic asset which determines the value of the company. Different practices of disclosing IC information in annual reports that do not show the real financial position of a company, is a main problem in Sri Lankan companies. The objective of this study was to find out the impact of audit committee characteristics on Intellectual Capital Disclosure (ICD) of listed companies on the Colombo Stock Exchange (CSE) for a period of five- years from 2012/2013 to 2017/2018. The ICD index comprised of 30 items in terms of Relational Capital Disclosure (RCD), Structural Capital Disclosure (SCD) and Human Capital Disclosure (HCD). The data was analyzed using correlations and regression analysis. Most of the Sri Lankan Listed companies disclosed ICD in text, sentences, pictures, tables and graphs in line with the Global Reporting Initiative (GRI) guidelines in their annual reports. ICD was measured by a disclosure index score. The independent variables comprised various forms of audit committee characteristics: audit committee size, frequency of audit committee meetings and audit committee independence. The study confirms that the size of the audit committee and audit committee meetings are important attributes to explain ICD in Sri Lanka. However, the study found a negative significant relationship between ICD and audit committee independence.
format	Article
author	Balasundaram, Nimalathasan
author_facet	Balasundaram, Nimalathasan
author_sort	Balasundaram, Nimalathasan
title	Audit committee characteristics and their impact on intellectual capital disclosure: a study of listed manufacturing companies in Sri Lanka / Nimalathasan Balasundaram.
title_short	Audit committee characteristics and their impact on intellectual capital disclosure: a study of listed manufacturing companies in Sri Lanka / Nimalathasan Balasundaram.
title_full	Audit committee characteristics and their impact on intellectual capital disclosure: a study of listed manufacturing companies in Sri Lanka / Nimalathasan Balasundaram.
title_fullStr	Audit committee characteristics and their impact on intellectual capital disclosure: a study of listed manufacturing companies in Sri Lanka / Nimalathasan Balasundaram.
title_full_unstemmed	Audit committee characteristics and their impact on intellectual capital disclosure: a study of listed manufacturing companies in Sri Lanka / Nimalathasan Balasundaram.
title_sort	audit committee characteristics and their impact on intellectual capital disclosure: a study of listed manufacturing companies in sri lanka / nimalathasan balasundaram.
publisher	Accounting Research Institute and UiTM Press, Universiti Teknologi MARA
publishDate	2019
url	http://ir.uitm.edu.my/id/eprint/29368/1/29368.pdf http://ir.uitm.edu.my/id/eprint/29368/
_version_	1685650509134823424
score	13.211869

Audit committee characteristics and their impact on intellectual capital disclosure: a study of listed manufacturing companies in Sri Lanka / Nimalathasan Balasundaram.

Similar Items