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Socially Responsible Investments pp 37–59Cite as

Intellectual Capital Disclosure: Evidence from the Italian Systemically Important Banks

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Part of the book series: Palgrave Studies in Impact Finance ((SIF))

Abstract

The need to overcome the limitations connected with the traditional financial reporting has driven the development of intellectual capital (IC) and corporate social responsibility (CSR) disclosure. Such need has also highlighted the relevance of an integrated reporting, recently supported by the Directive 2014/95/EU, which makes mandatory the disclosure of non-financial information for large-sized enterprises. The chapter focusses on the disclosure of the IC issues provided by the Italian systemically important banks. To conduct our analysis, we defined a disclosure model for the IC issues and collected data from the reports available on the banks’ websites; we used a deductive content analysis, integrated by the Scott’s pi test in order to evaluate the inter-coder reliability. Our findings, accordingly to prior literature, point out an incomplete IC disclosure, meaning that banks should extend the level of reporting on IC issues, and particularly they should improve the presence of forward-looking information and the quantified terms of IC elements.

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Author information

Authors and Affiliations

  1. G. d’Annunzio University of Chieti-Pescara, Pescara, Italy

    Giuliana Birindelli & Helen Chiappini

  2. University of Pisa, Pisa, Italy

    Paola Ferretti

Authors
  1. Giuliana Birindelli
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  2. Paola Ferretti
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  3. Helen Chiappini
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Correspondence to Paola Ferretti or Helen Chiappini .

Editor information

Editors and Affiliations

  1. Fac di Economia, Dept di Mgmt, Sapienza University of Rome, Rome, Italy

    Mario La Torre

  2. Dipartimento di Economia Aziendale, D'Annunzio University of Chieti–Pescara, Pescara, Italy

    Helen Chiappini

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Birindelli, G., Ferretti, P., Chiappini, H. (2019). Intellectual Capital Disclosure: Evidence from the Italian Systemically Important Banks. In: La Torre, M., Chiappini, H. (eds) Socially Responsible Investments. Palgrave Studies in Impact Finance. Palgrave Pivot, Cham. https://doi.org/10.1007/978-3-030-05014-6_3

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  • DOI: https://doi.org/10.1007/978-3-030-05014-6_3

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  • Publisher Name: Palgrave Pivot, Cham

  • Print ISBN: 978-3-030-05013-9

  • Online ISBN: 978-3-030-05014-6

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