Ariestyowati, Eny Suprapti, Ihyaul Ulum
(Fakultas Ekonomi Universitas Muhammadiyah Malang)
The principal purpose of this study was to investigate the influence of companies’ characteristics (size, leverage, age, and type of the firm) to Intellectual Capital Disclosure (ICD) practices. Total assets used as proxy of size of company; leverage used debt to equity ratio; age measured since the date of IPO; firms are categorized as IC intensive and non-IC intensive based on Firer and Williams (2003) perspective. Data were drawn from 38 public companies which included in 50 Biggest Market Capitalization for years 2006 and 2007. Multiple regressions were used to test the hypothesis. The results show that companies’ characteristics influence ICD practices significantly.
Keywords : Intellectual capital disclosure, companies’ characteristic, annual report.