umu.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
The 21st century company's true value: Intellectual capital disclosure and share prices on Nasdaq OMXS30
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
2012 (English)Independent thesis Advanced level (professional degree), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

The study investigates the relationship between intellectual capital and share prices on the Nasdaq OMXS30 companies between 2001 and 2010. This, by using content analysis to score the companies' disclosure of intellectual capital and linear regression to test for a relationship with the corresponding share prices.

We find a significant positive relationship between Price and Intellectual capital only for one of its subcategories: Internal Capital. The other two, Human Capital and External Capital, were both negatively correlated, explaining why we could not see a relationship between our total Intellectual capital score and price. Apart from this, we see that the average IC disclosure increased significantly during our researched time period and that IC disclosure in knowledge-intensive companies is statistically higher than for capital-intensive companies when it comes to External Capital and Human Capital. For Internal Capital, as well as for Total intellectual capital disclosure, we could not see any difference.

Place, publisher, year, edition, pages
2012. , 67 p.
Keyword [en]
intellectual capital disclosure, content analysis, ohlson model, omxs30, intangible assets, internal capital, external capital, human capital
National Category
Business Administration
Identifiers
URN: urn:nbn:se:umu:diva-57132OAI: oai:DiVA.org:umu-57132DiVA: diva2:540154
Educational program
Study Programme in Business Administration and Economics
Uppsok
Social and Behavioural Science, Law
Supervisors
Examiners
Available from: 2012-08-08 Created: 2012-07-08 Last updated: 2012-08-08Bibliographically approved

Open Access in DiVA

fulltext(2168 kB)460 downloads
File information
File name FULLTEXT02.pdfFile size 2168 kBChecksum SHA-512
de94551774e8dd5defd1a7d40c1383d8d9dc57348c194af3840e06cff76bd8265dd8885bb8b898da6bca6ac180b65ea49d3248c2b32265d8407941f44faa6e73
Type fulltextMimetype application/pdf

Search in DiVA

By author/editor
Andersson, MikaelWiklund, Tobias
By organisation
Business Administration
Business Administration

Search outside of DiVA

GoogleGoogle Scholar
Total: 460 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 489 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf