NDLI: The Impact of Intellectual Capital Disclosure on Market Value: An Empirical Study on Jordanian Pharmaceutical Manufacturing Companies Listed in Amman Stock Exchange

Please wait, while we are loading the content...

The Impact of Intellectual Capital Disclosure on Market Value: An Empirical Study on Jordanian Pharmaceutical Manufacturing Companies Listed in Amman Stock Exchange

Content Provider	Semantic Scholar
Author	Altal, Abdelrazaq Faleh
Copyright Year	2016
Abstract	The aim of this study was to explore the extent to which Jordanian pharmaceutical manufacturing companies disclose information on their intellectual capital components (human capital, structural capital, and relational capital), and its impact on companies’ market value, as measured by return on assets and rate of annual trading value. Content examination of annual reports was used to assess the extent of intellectual capital disclosure. The impact of disclosure was analyzed using regression analysis. All public shareholding pharmaceutical manufacturing companies listed in Amman Stock Exchange from 2007 to 2012, which comprised 6 companied, were included in the study. The results revealed that the disclosure of intellectual capital components have a significant impact on companies’ market value. Hence, pharmaceutical companies are required to pay more attention to extend their disclosure of intellectual capital elements, and to adopt new strategies that intensify investments in intangible assets.
Starting Page	277
Ending Page	290
Page Count	14
File Format	PDF HTM / HTML
DOI	10.25255/jss.2016.5.3.277.290
Volume Number	5
Alternate Webpage(s)	http://centreofexcellence.net/J/JSS/PDFs/jss.2016.5.3.277.290.pdf
Alternate Webpage(s)	https://doi.org/10.25255/jss.2016.5.3.277.290
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in