Title: Intellectual capital reporting in knowledge economy of Egypt
Author: Tariq H. Ismail
Address: Department of Accounting, Faculty of Commerce, Cairo University, Orman, Giza 12613, Egypt
Journal: Int. J. of Critical Accounting, 2011 Vol.3, No.2/3, pp.293 - 317
Abstract: This study examines voluntary intellectual capital reporting (ICR) in annual reports of the top 30 companies listed in Cairo and Alexandria Stock Exchange (CASE) as well as eliciting the barriers that could hamper the development and implementation of ICR in an Egyptian setting. The study contributes to the body of research done in this area, as most of research has been conducted in developed countries. There is a lack of empirical research at organisational level in the field of intellectual capital in Egypt, which is, socially, economically and culturally different from developed countries. The results indicate that levels of voluntary disclosure of IC items are relatively low while disclosures are dominated by customer relations items. Additionally, reporting of IC is in qualitative rather than quantitative style. The most important barriers that might impact the development and implementation of IC are cost and time associated with developing IC indicators.
Keywords: intellectual capital reporting; ICR; Cairo and Alexandria Stock Exchange; annual reports; CASE 30 companies; Egypt; accounting standards; knowledge economy; voluntary disclosure; developing countries; customer relations.
Available online 18 Apr 2011