Innovation capacity, property structure and human capital disclosure
DOI:
https://doi.org/10.15665/dem.v18i3.2223Abstract
This study analyzes the effect of innovation capacity and ownership and control structure on the human capital disclosure of innovative Brazilian companies. We obtained 343 observations from listed companies from 2010 to 2015 and analyzed by regression. It is revealed that the ability of innovation has no significant effect on the disclosure of human capital. On the other hand, the ownership and control structure attributes, such as the controlling shareholder concentration, have characteristics that positively influence the disclosure of human capital.
References
Ahuja, G.; Lampert, C.M. & Tandon, V. (2008) 1 moving beyond Schumpeter: management research on the determinants of technological innovation. Academy of Management Annals, 2(1), 1-98.
An, Y.; Davey, H.; Eggleton, I.R.C. & Wang Z. (2015). Intellectual capital disclosure and the information gap: Evidence from China. Advances in Accounting, incorporating Advances in International Accounting, 31(2), 179-187.
Araújo, U.P.; de Brito, M.J.; de Pádua Ribeiro, L. M. & Lopes, F. T. (2016) Metainterpretação: Quinze Anos de Pesquisa com o Relatório da Administração. Revista Contabilidade & Finanças, 27(71), 217-231.
Azman, H. & Kamaluddin, A. (2012, March) Corporate Governance Mechanisms and Intellectual Capital Disclosure in Malaysian Glcs. In 3rd International Conference on Business and Economic Research (3rd Icber 2012) Proceeding (12-13).
Bastos, D.D. & Nakamura, W.T. (2009) Determinantes da estrutura de capital das companhias abertas no Brasil, México e Chile no período 2001-2006. Revista Contabilidade & Finanças-USP, 20(50), 47-77.
Bertolucci, B. & Araújo, A.O. (2009) Evidenciação de elementos do capital intelectual nos relatórios da administração de companhias brasileiras pertencentes ao nível 2 de governança corporativa. Revista Ambiente Contábil, 1(1), 66-81.
Bezerra, P.C.S.; Lustosa, P.R.B.; Sales, I.C.H. & Fernandes, B.V.R. (2015) Estrutura de propriedade, conselho de administração e disclosure voluntário: evidências de empresas brasileiras de capital aberto. Revista Universo Contábil, 11(2), 25-46.
Cerbioni, F. & Parbonetti, A. (2007) Exploring the effects of corporate governance on intellectual capital disclosure: an analysis of European biotechnology companies. European Accounting Review, 16(4), 791-826.
Chrisman, J.J. & Patel, P.C. (2012) Variations in R&D investments of family and nonfamily firms: Behavioral agency and myopic loss aversion perspectives. Academy of management Journal, 55(4), 976-997.
Chu, K.W.S.; Chan, K.H. & Wu, W.W. (2011) Charting intellectual capital performance of the gateway to China. Journal of Intellectual Capital, 12(2), 249-276.
Collatto, D.C.; & Reginato, L. (2006) Evidenciação Contábil: Uma Análise do Relatório da Administração da Gerdau S/A. In Anais do Congresso Brasileiro de Custos-ABC.
Dye, R.A. (2001) Na evaluation of "essays on disclosure" and the disclosure literature in accounting. Journal of Accounting and Economics, 32(1-3), 135-181.
Dye, R.A. (1985) Disclosure of non-proprietary information. Journal of Accounting Research, 23, 123–145.
Fontana, F.B., & Macagnan, C.B. (2011). Fatores explicativos do nível de evidenciação voluntária de informações sobre capital humano. Anais do Congresso ANPCONT, Vitória, ES, 5.
Góis, A.D.; De Luca, M.M.M. & Monte-Junior, J.A.A. (2016) Fatores determinantes do disclosure do capital humano. RACE-Revista de Administração, Contabilidade e Economia, 15(1), 201-226.
Guthrie, J. & Petty, R. (2000) Intellectual capital: Australian annual reporting practices. Journal of intellectual capital, 1(3), 241-251.
Hair, J.F.; Black, W.C.; Babin, B.J.; Anderson, R.E. & Tatham, R.L. (2009) Análise multivariada de dados. São Paulo: Bookman.
Honoré, F.; Munari, F. & de La Potterie, B.V.P. (2015) Corporate governance practices and companies’ R&D intensity: Evidence from European countries. Research policy, 44(2), 533-543.
Jensen, M.C. & Meckling, W.H. (1976) Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics, 3(4), 305-360.
Kaveski, I.D.S.; Degenhart, L.; Vogt, M.; Monje, A.C. & Hein, N. (2015) Governança corporativa e capital intelectual das empresas brasileiras pertencentes ao Índice BM & FBovespa de Consumo (ICON). Revista Gestão e Contabilidade, 2(2), 115-133.
Lanzana, A.P. (2004) Relação entre disclosure e governança corporativa das empresas brasileiras. 2004. 154fls. Dissertação (Mestrado em Controladoria e Contabilidade) - Universidade de São Paulo, São Paulo.
Liu, Y.; Chen, Y.J. & Wang, L.C. (2017) Family business, innovation, and organizational slack in Taiwan. Asia Pacific Journal of Management, 34(1), 193-213.
Lopes, I.F.; Beuren, I.M. & Dametto, I.D.R.B. (2016) Evidenciação dos recursos aplicados em pesquisa, desenvolvimento e inovação e da redução de carga tributária por empresas listadas na BM & FBOVESPA. ConTexto, 16(32), 53-79.
Macagnan, C.B. (2007) Factores explicativos de la revelación de información de activos intangibles de empresas que cotizan en España. Trabajo de Investigación. Universidad Autónoma de Barcelona.
Maçambanni, M.V.; Souza, M.M.; Souza, F.C. & Murcia, F.D. (2012) Relação entre o nível de disclosure do capital intelectual e características das companhias listadas no índice BM & FBovespa. Revista Alcance - Eletrônica, 19(03), 345-361.
Macedo, A.F.P.; Oliveira, A.M.; Nobre, L.N.; Brito, S.G. & Quandt, C.O. (2015) Governança Corporativa e Evidenciação de Capital Intelectual em Empresas Brasileiras. Revista Evidenciação Contábil & Finanças, 3(1), 18-33.
Matos, B.; Reina, D.; Ensslin, S.R. & Reina, D.R.M. (2011) Evidenciação voluntária do Capital Intelectual de natureza social e ambiental da empresa Natura Cosméticos S.A. no período de 2003 a 2008. Contextus - Revista Contemporânea de Economia e Gestão, 9(1), 67-77.
Mohammad, A.J. (2015) Human Capital Disclosures: Evidence from Kurdistan. European Journal of Accounting Auditing and Finance Research, 3(3), 21-31.
Pisano, S.; Lepore L. & Lamboglia, R. (2017) Corporate disclosure of human capital via LinkedIn and ownership structure: An empirical analysis of European companies. Journal of Intellectual Capital, 18(1), 102-127.
Reina, D.; Ensslin, S.R. & Borba, J.A. (2009) Evidenciação voluntária do capital intelectual nos relatórios da administração em empresas do novo mercado no ano de 2006. Revista Contexto - UFRGS, 9(15), 1-20.
Samudhrama, A.; Stewart, E.; Wickramanayake, J. & Sinnakkannu, J. (2014) Value relevance of human capital-based disclosures: Moderating effects of labor productivity, investor sentiment, analyst coverage and audit quality. Accounting, incorporating Advances, 30(2), 338-353.
Santos, A.V.F.; Ximenes, C.G.; Gallon, A.V. & De Luca, M.M.M. (2012) Evidenciação de ativos intangíveis nas empresas industriais mais inovadoras segundo classificação do Índice Brasil de Inovação (IBI). Revista ADM. MADE, 16(1), 1-23.
De Souza, P.V.S. & Almeida, S.R.V. (2017) Fatores relacionados ao nível de disclosure das companhias brasileiras de capital aberto listadas na BM&FBOVESPA. Revista Universo Contábil, 13(2), 166-186.
Stoeckicht, I.P.; & Soares, C.A.P. (2009) O capital intelectual, os capitais do conhecimento e a inovação: a importância da gestão estratégica do capital intelectual no desenvolvimento da capacidade de inovação em empresas brasileiras. Simpósio de Administração da Produção, Logística e Operações Internacionais–Simpoi, 12.
Suzart, J.A.S. (2016) Índices de Evidenciação: Quando Um Mais Zero Não É Igual A Um. Contabilometria, 3(1), 52-70.
Tribo, J.A.; Berrone, P. & Surroca, J. (2007) Do the type and number of blockholders influence R&D investments? New evidence from Spain. Corporate Governance: An International Review, 15(5), 828-842
Downloads
Published
Versions
- 2020-09-10 (3)
- 2020-09-10 (2)
- 2020-08-16 (1)
How to Cite
Issue
Section
License
Copyright (c) 2020 ALISON MEURER, Iago França Lopes, Nayane Thais Krespi
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Instructions for filling in the Certification of Originality and the Copyright Transfer:
Keep in mind that by pressing the "save and continue" button at the end, you are assuming all the ethical and legal commitments set forth herein. They establish the responsibilities of the legislation on intellectual property rights. For this it is assumed that whoever is carrying out the action of presenting the written work in good faith and represents himself and the other authors of the postulated article.
In this sense, the authors retain all the rights of which they are owners and authorize the free reproduction of the document sent. In the event of being necessary, they will assume, by pressing the "save and continue" button, the legal responsibility derived from the patrimonial rights which are free because of the non-payment by any procedure of the Journal.
Consequently, the author (s) represented by the person who advances the postulation of the article for evaluation and eventual publication,
I (We) declare:
1. I am (we are) the author (s) of the article {here is the name of the article placed automatically}.
2. This is an original work in accordance with the intellectual property law of Colombian copyright.
3. The content of the article of the reference has not been published and that it will not be submitted to any other means of publication in written or electronic support before knowing the decision of the Editorial Committee of Dimensión Empresarial.
4. The signer of this certification guarantees that the commitment acquired here does not infringe any third-party rights.
5. The publication authorization includes its electronic file and its adaptation, if necessary, for its incorporation in the network or in any electronic format or database, as well as attaching the necessary metadata to register the work, trademarks of water or any other security or protection system.
6. The publication authorization includes reproduction on digital media. As well as its distribution and making available through institutional archives through the Internet, distribute copies, and exhibit it in Colombia and outside the country, as well as include the article in national and international indexes.
7. The author assumes all responsibility, including compensation for damages, that could be exercised against the Universidad Autónoma del Caribe by third parties who violated their rights and interests because of the assignment.
For its part, Dimension Empresarial undertakes to respect in any case the rights of the author contained in Article 30 of Law 23 of 1982, or any after it and will make the article available to the users of the Journal so that make a legitimate use of it, as permitted by the applicable legislation, provided that its authorship is cited, commercial benefit is not obtained, and derivative works are not made.
The authors agree to accept the conditions of this intellectual property note, which will be applied to this submission when it is published in this journal.
