Intellectual capital disclosure trends: Singapore and Sri Lanka
Abstract
Purpose
The purpose of this paper is to investigate the intellectual capital (IC) disclosure trends and disclosure category differences of top 20 listed firms in a developing nation, Sri Lanka, and moderately developed nation, Singapore. The paper aims to highlight the differences in IC disclosure practice between developing and developed nations.
Design/methodology/approach
The study investigates the top 20 firms by market capitalization listed on the Colombo stock exchange in 1998‐2000. Using the content analysis method, it reviews the annual reports of these firms to determine IC disclosure trends in Sri Lanka. It then compares these findings with a similar unpublished study undertaken in Singapore during the same period.
Findings
The study identified IC disclosure differences between Sri Lankan and Singapore firms, and suggest reasons for differences from country perspectives. The paper highlights the need for a uniform methodology in intellectual disclosure framework to establish consistent disclosure practices.
Practical implications
This study highlights the need to establish a uniform methodology for financial disclosure under International Financial Reporting Standards that can mobilize globally uniform disclosure IC disclosure practices.
Originality/value
This study offers insights into comparative trends in IC disclosure practices between a moderately developed and a developing country.
Keywords
Citation
Abeysekera, I. (2008), "Intellectual capital disclosure trends: Singapore and Sri Lanka", Journal of Intellectual Capital, Vol. 9 No. 4, pp. 723-737. https://doi.org/10.1108/14691930810913249
Publisher
:Emerald Group Publishing Limited
Copyright © 2008, Emerald Group Publishing Limited