The use of intellectual capital information in investment decisions

Adrem, 1999, vol. 51 Ahmed, 1994, The impact of non-financial company characteristics on mandatory disclosure compliance in developing countries: The case of Bangladesh, The International Journal of Accounting, 29, 62 Amir, 2003, Do financial analysts get intangibles?, European Accounting Review, 12, 635, 10.1080/0963818032000141879 Andreu, 1996, Organisational learning and core capabilities development: The role of IT, Journal of Strategic Information Systems, 5, 111, 10.1016/S0963-8687(96)80039-4 Arvidsson, S. (2003). Demand and Supply of Information on Intangibles – The Case of Knowledge-intensive Companies. Ph.D. dissertation, University of Lund: The Institute of Economic Research. Barker, 1998, The market for information. Evidence from finance directors, analysts and fund managers, Accounting and Business Research, 29, 3, 10.1080/00014788.1998.9729563 Barker, 1999, The role of dividends in valuation models used by analysts and fund managers, European Accounting Review, 8, 195, 10.1080/096381899335998 Barney, 1991, Firm resources and sustained competitive advantage, Journal of Management, 17, 99, 10.1177/014920639101700108 Barron, 2002, High-technology intangibles and analysts' forecasts, Journal of Accounting Research, 40, 1, 10.1111/1475-679X.00048 Beattie, 1999 Bosworth, 2001, Market value, R&D, and intellectual property: An empirical analysis of large Australian firms, The Economic Record, 77, 323, 10.1111/1475-4932.t01-1-00026 Bouwman, 1987, How do financial analysts make decisions? A process model of the investment screening decision, Accounting, Organizations and Society, 12, 1, 10.1016/0361-3682(87)90013-4 Bozzolan, 2003, Italian annual intellectual capital disclosure: An empirical analysis, Journal of Intellectual Capital, 4, 539, 10.1108/14691930310504554 Bradshaw, 2001, Do analysts and auditors use information in accruals?, Journal of Accounting Research, 39, 45, 10.1111/1475-679X.00003 Breton, 2001, Accounting information and analysts stock recommendation decisions: A content analysis approach, Accounting and Business Research, 31, 91, 10.1080/00014788.2001.9729604 Bukh, 2004, Disclosure of intellectual capital in Danish IPO Prospectuses, Accounting, Organisation and Society, 4, 576 Cerf, 1961, 25 Chung, 1984, The stock valuation process: The analysts' view, Financial Analysts Journal, 40, 41, 10.2469/faj.v40.n6.41 Collins, 1995, Competing on resources, Harvard Business Review, 118 Cooke, 1989, Disclosure in the corporate annual reports of Swedish companies, Accounting and Business Research, 19, 533, 10.1080/00014788.1989.9728841 Dempsey, 1997, The use of strategic performance variables as leading indicators in financial analysts forecasts, Journal of Financial Statement Analysis, 2, 61 Eccles, 1998 Eccles, 1995, Improving the corporate disclosure process, Sloan Management Review, 36, 11 Edvisson, 1997 Ferguson, 2002, Voluntary disclosure by state-owned enterprises listed on the stock exchange of Hong Kong, Journal of International Financial Management and Accounting, 13, 125, 10.1111/1467-646X.00081 Financial Accounting Standards Board, 2001, Improving business reporting: Insights into enhancing voluntary disclosures Financial Accounting Standards Board, 2001, Business and financial reporting Frankel, 2006, Determinants of the informativeness of analyst research, Journal of Accounting and Economics, 41, 29, 10.1016/j.jacceco.2005.10.004 García-Ayuso, 2003, Factors explaining the inefficient valuation of intangibles, Accounting, Auditing, and Accountability Journal, 16, 7 García-Meca, 2005, The explanatory factors of intellectual capital disclosure to financial analysts, The European Accounting Review, 14, 63, 10.1080/0963818042000279713 Giner Inchausti, 1997, The influence of company characteristic and accounting regulation on information disclosed by Spanish firms, The European Accounting Review, 6, 45, 10.1080/096381897336863 Gray, 1995, International capital market pressures and voluntary annual report disclosures by U.S. and U.K. multinationals, Journal of International Financial Management and Accounting, 6, 43, 10.1111/j.1467-646X.1995.tb00049.x Guthrie, 2001, The management, measurement and the reporting of intellectual capital, Journal of Intellectual Capital, 2, 27, 10.1108/14691930110380473 Guthrie, 2003, Intangibles and the transparent enterprise: New strands of knowledge, Journal of Intellectual Capital, 4, 429, 10.1108/14691930310504491 Hail, 2002, The impact of voluntary corporate disclosures on the ex-ante cost of capital for Swiss firms, European Accounting Review, 11, 741, 10.1080/0963818022000001109 Hillman, 2001, Shareholder value, stakeholder, management, and social issues: What's the bottom line?, Strategic Management Journal, 22, 125, 10.1002/1097-0266(200101)22:2<125::AID-SMJ150>3.0.CO;2-H Hossain, 1994, Voluntary disclosure in an emerging capital market: Some empirical evidence from firms listed on the Kuala Lumpur Stock Exchange, The International Journal of Accounting, 29, 334 Hossain, 1995, Voluntary disclosure in the annual reports of New Zealand firms, Journal of International Financial Management and Accounting, 6, 69, 10.1111/j.1467-646X.1995.tb00050.x Itami, 1987 Jaggi, 2000, Impact of culture, market forces and legal system on financial disclosures, The International Journal of Accounting, 35, 495, 10.1016/S0020-7063(00)00076-5 Johanson, 2003, Why are capital markets ambivalent to information about certain indicators on intangibles?, Accounting, Auditing and Accountability Journal, 16, 31, 10.1108/09513570310464255 Kaplan, 1996 Lang, 1993, Cross sectional determinants of analysis ratings of corporate disclosures, Journal of Accounting Research, 31, 246, 10.2307/2491273 Larrán Jorge, 2001 Libro Blanco, 2002 Leftwich, 1981, Voluntary corporate disclosure: The case of interim reporting, Journal of Accounting Research, 19, 50, 10.2307/2490984 Lev, 2001 Lev, 1996, The capitalization, amortization, and value-relevance of R&D, Journal of Accounting and Economics, 21, 107, 10.1016/0165-4101(95)00410-6 Loro, 2002 Low, 2000, The value creation index, Journal of Intellectual Capital, 1, 252, 10.1108/14691930010377919 Marston, 1996 Marston, 1991, The use of disclosure indices in accounting research: A review article, British Accounting Review, 23, 195, 10.1016/0890-8389(91)90080-L Mavrinac, 1996 Mavrinac, 1997 Meritum, R. (2002). Guidelines for managing and reporting on intangibles; intellectual capital report, January, Ed. Madrid: Fundación Airtel Móvil. Michaely, 1999, Conflict of interest and the credibility of underwriter analysts recommendations, The Review of Financial Studies, 12, 653, 10.1093/rfs/12.4.653 Mouritsen, 2001, Intellectual capital and the “capable firm”: Narrating, visualising and numbering for managing knowledge, Accounting, Organizations and Society, 26, 735, 10.1016/S0361-3682(01)00022-8 Orens, 2004, The use of non-financial information by financial analysts: A content analysis approach Previs, 1994, A content analysis of sell-side financial analyst company reports, Accounting Horizons, 8, 55 Richardson, 2001, Social disclosure, financial disclosure and the cost of capital, Accounting, Organizations and Society, 26, 97 Robb, 2001, Nonfinancial disclosures across Anglo-American countries, Journal of International Accounting, Auditing and Taxation, 10, 71, 10.1016/S1061-9518(01)00036-2 Rogers, 1997, Content analysis of information cited in reports of sell-side financial analysts, The Journal of Financial Statement Analysis, 3, 17 Schipper, 1991, Analysts' forecasts, Accounting Horizons, 5, 105 Simpson, 2002, The link between corporate social and financial performance: Evidence from the banking industry, Journal of Business Ethics, 35, 97, 10.1023/A:1013082525900 Singhvi, 1971, An empirical analysis of the quality of corporate financial disclosure, The Accounting Review, 46, 129 Investor information needs and the annual report (1987), Morristown, NJ: Financial Executives Research Foundation. Stanwick, 1998, The relationship between corporate social performance, and organizational size, financial performance, and environmental performance: An empirical examination, Journal of Business Ethics, 17, 195, 10.1023/A:1005784421547 Sveiby, 1997 Tasker, 1998, Bridging the information gap: Quarterly conference calls as a medium for voluntary disclosure, Review of Accounting Studies, 3, 137, 10.1023/A:1009684502135 Verschoor, 1999, Corporate performance is closely linked to a strong ethical commitment, Business and Society Review, 104, 407, 10.1111/0045-3609.00074 Wallace, 1994, The relationship between comprehensiveness of corporate annual reports and firm characteristics in Spain, Accounting and Business Research, 25, 41, 10.1080/00014788.1994.9729927 Weetman, 1999 Williams, 1999, Voluntary environmental and social accounting disclosure practices in the Asia-Pacific region: An international empirical test of political economy theory, The International Journal of Accounting, 34, 209, 10.1016/S0020-7063(99)00006-0