DETERMINANTS OF INTELLECTUAL CAPITAL DISCLOSURE IN THE CASE OF ROMANIAN COMPANIES

After reviewing the literature in area of intellectual capital disclosure (ICD) and determinants of ICD we acknowledged the need for conducting similar studies in the case of Romanian companies listed on the Bucharest Stock Exchange (BSE). Consequently, we carry out a content analysis of the annual reports of Romanian companies having as a primary objective the assessment of the extent to which they disclose information in respect of the intellectual capital (IC). Furthermore, using descriptive statistics, T test, Pearson correlation and multiple regression analysis we are testing if determinants like company size and industry type have influenced the disclosure of IC. Achieving this, we believe that our study contributes to the ICD literature, represents a basis for comparison with the results of other studies from other developing countries; it challenges researchers to extend the area of analysis by considering the relation between ICD and other possible determinants.