The content of voluntary intangible asset disclosures: Evidence from emerging market companies

H Kang, SJ Gray - Journal of International Accounting …, 2011 - publications.aaahq.org
This paper examines the content of voluntary disclosures of intangible asset (IA) information
communicated by the world's leading 200 emerging-market companies. We make a detailed
assessment of the variety, nature, and extent of IA disclosures in annual reports using an
index based on the Value Chain Scoreboard™ devised by Lev (2001). Our findings show
that the vast majority of companies engage in IA voluntary disclosure practices. As expected,
most companies disclose IA information stemming from the Discovery and Learning phase …
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