... in the relationship between IC and value creation and highlights how IC, dividends and CEO characteristics can be useful in aligning interests between ownership and management, enriching the debate on agency theory. In the knowledge economy, IC plays a key role in developing a company's competitive advantage...

... rights only Female representation on boards Intellectual capital System GMM India Resource dependency theory Agency theory Corporate boards serve two significant functions in a firm, i.e. monitoring and allocating resources. The first function includes directors' ability to supervise...

... governance mechanisms; however, other subsectors do not report such findings. Corporate governance of banks in comparison to other subsectors effectively engages in utilizing the potential of intellectual capital efficiency. Agency theory and resource dependency theory find limited support as a result...

... of dishonest behaviour by managers and shareholders compels a new application of stewardship theory that works as an overarching guide for managerial behaviour and disclosure. Emanating from this new model is a realisation that managers must abandon agency theory in practice, and specifically the bonus...

... Publishing Limited Licensed re-use rights only This study contributes to intellectual capital (IC) disclosure research. Focussing on reducing the information asymmetry associated with agency theory, the purpose of this paper is to investigate the extent to which managers and owners disclose IC...