Which Swedish industries could become pioneers in extensive Intellectual Capital disclosure?
(2010)Department of Business Administration
- Abstract
- It is difficult to assess and measure IC, and most companies lack extensive disclosure of IC. Meanwhile, theories advocate a higher level of disclosure as it is considered beneficial for companies, investors, and other stakeholders. The purpose of the thesis is to investigate in which industries IC disclosure has effect on market values. Further, we want to keep a theoretical discussion whether the same industries could become pioneers in extensive IC dislosure. The research design had an inductive, quantitative approach using multivariate regressions as main analysis tool. A sample of 88 companies from the Large and Mid Caps of the Stockholm Stock Exchange. Our theoretical framework covers general theories about IC, VAIC™ and its... (More)
- It is difficult to assess and measure IC, and most companies lack extensive disclosure of IC. Meanwhile, theories advocate a higher level of disclosure as it is considered beneficial for companies, investors, and other stakeholders. The purpose of the thesis is to investigate in which industries IC disclosure has effect on market values. Further, we want to keep a theoretical discussion whether the same industries could become pioneers in extensive IC dislosure. The research design had an inductive, quantitative approach using multivariate regressions as main analysis tool. A sample of 88 companies from the Large and Mid Caps of the Stockholm Stock Exchange. Our theoretical framework covers general theories about IC, VAIC™ and its components, and contemporary issues and processes. In addition, we also benchmark several similar studies as guidance. Our main result was that the Energy, IT, and Retail industries should become pioneers in disclosing IC. The reason was that we found a statistical relationship between the VAIC™, and its components, and the market values of these industries. Thus, disclosing more information could benefit stakeholders, such as investors, of these industries. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1615787
- author
- Gyllin, Johan and Danerhall, Jens
- supervisor
- organization
- year
- 2010
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Intellectual Capital, VAIC™, market value changes knowledge economy, IC measurement & disclosure, Management of enterprises, Företagsledning, management
- language
- Swedish
- id
- 1615787
- date added to LUP
- 2010-06-07 00:00:00
- date last changed
- 2012-04-02 18:07:05
@misc{1615787,
abstract = {{It is difficult to assess and measure IC, and most companies lack extensive disclosure of IC. Meanwhile, theories advocate a higher level of disclosure as it is considered beneficial for companies, investors, and other stakeholders. The purpose of the thesis is to investigate in which industries IC disclosure has effect on market values. Further, we want to keep a theoretical discussion whether the same industries could become pioneers in extensive IC dislosure. The research design had an inductive, quantitative approach using multivariate regressions as main analysis tool. A sample of 88 companies from the Large and Mid Caps of the Stockholm Stock Exchange. Our theoretical framework covers general theories about IC, VAIC™ and its components, and contemporary issues and processes. In addition, we also benchmark several similar studies as guidance. Our main result was that the Energy, IT, and Retail industries should become pioneers in disclosing IC. The reason was that we found a statistical relationship between the VAIC™, and its components, and the market values of these industries. Thus, disclosing more information could benefit stakeholders, such as investors, of these industries.}},
author = {{Gyllin, Johan and Danerhall, Jens}},
language = {{swe}},
note = {{Student Paper}},
title = {{Which Swedish industries could become pioneers in extensive Intellectual Capital disclosure?}},
year = {{2010}},
}