Intellectual Capital Disclosure Practices in Sri Lanka

This book examines the existing IC disclosure practices of listed companies in Colombo Stock Exchange (CSE). The different practices of disclosing the IC in annual reports do not result the real outcome of financial position of the firm, is a key problem in Sri Lankan business organizations. Therefore, this review of the book examines the existing IC disclosure practices of listed companies in Colombo Stock Exchange (CSE). This book has been done based on the secondary data covering the annual reports of listed companies in Sri Lanka. Capital components in the Intellectual Capital (IC) namely Human Capital (HC), Organizational Capital (OC) and Social Capital (SC) have impact on enhancing the organizational wealth. The different practices of disclosing the IC in annual reports do not result the real outcome of financial position of the firm, is a key problem in Sri Lankan business organizations. with the proper design, development and implementation of the best practices, it should be possible to enhance the disclosure of IC to the required levels in the annual reports.

Autorentext

Dr. Kennedy D Gunawardena é Professor de Sistemas de Informação Contabilística no Departamento de Contabilidade, Universidade do Sri Jayewardenepura, Sri Lanka. Actualmente, obteve mais de 100 citações no Google e obteve o Prémio de Melhor Publicação de Pesquisa Científica do Presidente do Sri Lanka em 2017.