Intellectual Capital Disclosures Level Differences in Tourism Industry Companies in Indonesia and Thailand

DOI

10.2991/aebmr.k.211124.033How to use a DOI?

Keywords

Intellectual Capital Disclosure; Firm Size; Market Price; Sustainability

Abstract

This research examines what drives the Intellectual Capital Disclosure difference on tourism companies in Indonesia and Thailand. The samples used were tourism companies listed on the Indonesia Stock Exchange (IDX) and the Stock Exchange of Thailan (SET) for the period year from 2015 to 2019. The method used is content analysis from 100 company’s annual reports in Thailand and 95 company’s annual reports in Indonesia. The variables used in this research are ICD and its components (Human Capital Disclosure, Structure Capital Disclosure, and Relational Capital Disclosure), firm size, and market price. The measurement of the ICD performance difference test in market price and firm size group level is done by the non-parametric method. The main finding of this research is that there are significant differences in ICD in both countries. It shows that companies in Indonesia disclose IC more than companies in Thailand, where HCD is the most disclosed component. On the firm size difference test, it was found that there are differences between big and small companies where big companies disclose IC more than small companies in both countries. On the market price difference test, no significant difference was found in ICD between the company’s high and low market prices. This research contributes to expanding knowledge about ICD in the future, considering that ICD is a significant factor in business and impacts company sustainability.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Ang Kezia Christabel
AU  - Daniella Britney
AU  - Saarce Elsye Hatane
PY  - 2021
DA  - 2021/11/25
TI  - Intellectual Capital Disclosures Level Differences in Tourism Industry Companies in Indonesia and Thailand
BT  - Proceedings of the 6th International Conference on Tourism, Economics, Accounting, Management, and Social Science (TEAMS 2021)
PB  - Atlantis Press
SP  - 216
EP  - 224
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.211124.033
DO  - 10.2991/aebmr.k.211124.033
ID  - Christabel2021
ER  -