THE TREND AND VARIATION OF INTELLECTUAL CAPITAL DISCLOSURE AT BANK INDUSTRIES IN EUROPE

Authors

  • Ascaryan Rafinda Jenderal Soedirman University
  • Bambang Agus Pramuka Jenderal Soedirman University
  • Poppy Dian Indira Kusuma Jenderal Soedirman University

DOI:

https://doi.org/10.14414/jebav.v16i1.128

Keywords:

Intellectual Capital, Internal Capital, External Capital, Huma Capital, Disclosure, Variation, Trend

Abstract

This study attempts to identify trend on the volume of Intellectual Capital (IC) disclosure, and measurevariation on the volume of IC disclosure on the annual report of banks that operate in Europe. It usespurposive sampling method, consisting of 6 banks with highest rank of market value in different countriesin Europe. The sample includes BNP Paribas (France), Banco Santander (Spain), Intesa Sanpaolo(Italy), UBS (Switzerland), Deutsche Bank (Germany), and ING Group (Netherlands). Data were analyzedusing trend least square to identify the trend of IC disclosure. ANOVA test was employed to measurethe differences in the volume of IC disclosure among banks. The result of this study revealed that 5of 6 banks show positive trends on the volume of IC disclosure. The result also showed that there arevariations on external and human capital disclosure among 6 banks while otherwise for internal capitaldisclosure. The result implied that a global standard which is principle-based in nature cause variationsin the IC disclosures in European Banks. It suggests that the regulator should set standard for voluntaryreporting to minimize the variation on the format and content of the report and to eventually diminishasymmetry information between agent and principal.

Downloads

Published

2013-04-01

How to Cite

Rafinda, A., Agus Pramuka, B., & Indira Kusuma, P. D. (2013). THE TREND AND VARIATION OF INTELLECTUAL CAPITAL DISCLOSURE AT BANK INDUSTRIES IN EUROPE. Journal of Economics, Business, and Accountancy Ventura, 16(1). https://doi.org/10.14414/jebav.v16i1.128

Issue

Section

Articles

Most read articles by the same author(s)