Voluntary Intellectual Capital Disclosure: A Theoretical Test of Proprietary Cost

Nugroho, Wawan Sadtyo and Susanto, Barkah and Kurnia, Marlina and Purwantini, Annisa Hakim (2021) Voluntary Intellectual Capital Disclosure: A Theoretical Test of Proprietary Cost. In: BIS-HSS 2020, 18 November 2020, Magelang, Central Java, Indonesia.

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Abstract

Cost of equity could be minimalized by intellectual capital disclosure. Quality of information in this intellectual capital disclosure depends on the cost of proprietary, cost of information, and the relevance to get the information. This study was conducted to give empirical evidences about model analyze of intellectual capital to the cost based on theory of signaling and theory of proprietary cost. This study used design of quantitative research. Samples in this study were the enterprises that were registered in Indonesian Bursary Effect, except to the enterprises of financial industry in 2015 – 2019. Sampling extraction was performed by method of purposive sampling. Data analyzing used statistic of descriptive analyzes and regression of moderating. Test of hypothesis was conducted by analyzing technic of test of comparing coefficients across regressions. The results of data analysis of the research showed that increasing the disclosure of voluntary intellectual capital could decrease cost of equity. The low cost of proprietary could strengthen negative effects of the intellectual capital disclosure on cost of equity. The low cost of information could not strengthen negative effects of the intellectual capital disclosure on cost of equity. The high relevance of information could not strengthen negative effects of the intellectual capital disclosure on cost of equity.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: voluntary disclosure intellectual capital cost of equity cost of proprietary
Subjects: H Social Sciences > H Social Sciences (General)
Depositing User: EAI Editor IV
Date Deposited: 20 Apr 2022 13:37
Last Modified: 20 Apr 2022 13:37
URI: https://eprints.eudl.eu/id/eprint/10650

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