Does Corporate Governance Affect Intellectual Capital Disclosure Practices?

Abstract

The current study empirically examines how Intellectual Capital Disclosure (ICD) practices and corporate governance (CG) variables relate to one another while taking firm-specific factors into consideration. The study focusses on a sample of 20 publicly traded companies from Bangladesh's three cognitively demanding industries. The association between ICD and CG is assessed by the study using regression modelling and content analysis. Higher levels of intellectual capital disclosure are positively correlated with variables including gender diversity, audit committees, directors' ownership, government ownership, and business size, according to the research. Conversely, there is an adverse association between ICD and board size, directors' independence, and industry connection. Furthermore, there was no discernible correlation between foreign influence and the level of intellectual capital disclosure by Bangladeshi listed companies.