27/01/2023 - Academic Study - Do companies disclose relevant information about intangibles? – Insights from business model reporting and risk reporting
EFRAG and ICAS have published a co-sponsored study examining information about intellectual capital elements when an entity is describing its business model and its risks. The study is available here.
As part of its project on better information on intangibles, EFRAG sponsored studies on intangibles together with ICAS.
The study Do companies disclose relevant information about intangibles? – Insights from business model reporting and risk reporting was conducted by a research team led by Chiara Crovini and Christian Nielsen from Aalborg University, Francesco Giunta from the University of Florence and Lorenzo Simoni from the University of Genoa.
The study investigates the role of intellectual capital (IC) in the value creation process and provides a baseline in intangibles reporting for a sample of IC intensive high-tech companies by:
- examining whether, and to what extent, high-tech companies provide information about IC elements in the sections devoted to the business model and risks; and
- assessing the correspondence and level of integration between the IC elements disclosed in the business model section and those reported in the risk section.
Read the study here.
