Title: The importance of working environment disclosures in Indonesian financial industry: an application of Indonesian intellectual capital disclosures framework

Authors: Martin Surya Mulyadi; Yunita Anwar; Rosinta Ria Panggabean

Addresses: Faculty of Economics & Communication, Accounting Department, Bina Nusantara University, Jakarta, 11480, Indonesia ' Faculty of Economics & Communication, Accounting Department, Bina Nusantara University, Jakarta, 11480, Indonesia ' Faculty of Economics & Communication, Accounting Department, Bina Nusantara University, Jakarta, 11480, Indonesia

Abstract: The national intellectual capital of Indonesia was the worst among five major Southeast Asian countries (Lin et al., 2014). To overcome this issue, President Joko Widodo provides his direction and commitment to the development of human capital in Indonesia (World Economic Forum, 2015). This research examines whether Indonesian listed companies in the financial industry follows President's direction to focus on human capital. The financial industry is used as a research sample due to its exemplary disclosure practices in Indonesia. Furthermore, this research employs the Indonesian intellectual capital disclosures framework developed by Mulyadi et al. (2017) to analyse IC disclosures in the industry. This framework consists of the working environment, intangible assets, and customer relations. Working environment largely consists of human capital, and this research reveals that working environment was the most disclosed IC category in Indonesian financial industry in 2015.

Keywords: intellectual capital; intellectual capital disclosures; the Indonesian intellectual capital disclosures framework; working environment.

DOI: 10.1504/IJLIC.2018.091973

International Journal of Learning and Intellectual Capital, 2018 Vol.15 No.2, pp.156 - 164

Received: 03 Apr 2017
Accepted: 12 Sep 2017

Published online: 21 May 2018 *

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