Title: Social media disclosure of intellectual capital and firm value

Authors: Abdalmuttaleb M.A. Musleh Al-Sartawi

Addresses: Department of Accounting and Economics, College of Business and Finance, Ahlia University, P.O. Box 10878, Kingdom of Bahrain

Abstract: This paper aims to examine the relationship between firm value and the level of social media disclosure of intellectual capital by Kuwaiti and Omani listed firms. The level of social media disclosure of intellectual capital was measured by adapting a checklist of 78 items. Also, the financial reports were used to determine Tobin's Q. The results showed that the level of social media disclosure of intellectual capital was 71% by Kuwaiti and Omani firms. Moreover, the findings indicate that there is a significant positive relationship between the firm value and the level of social media disclosure of intellectual capital. The study recommends that the Kuwaiti and Omani bourses must develop a formal guideline for social media disclosure of intellectual capital to create harmony in disclosing information and to enhance the firms' value through taking the advantages of social media in attracting the more talented employees and to maximise the customers and investors benefits.

Keywords: intellectual capital; social media disclosure; Tobin's Q; firm value.

DOI: 10.1504/IJLIC.2020.113146

International Journal of Learning and Intellectual Capital, 2020 Vol.17 No.4, pp.312 - 323

Received: 09 Mar 2019
Accepted: 18 Mar 2020
Published online: 22 Feb 2021 *

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