Voluntary Human Capital Disclosure and Firm Value Relationship in the Listed Companies of Bangladesh: A Conceptual Overview
The aim of this paper is to incorporate relevant empirical researches and literature for extending the potentials of voluntary human capital disclosure to increase the value of the listed firms in Bangladesh. Voluntary human capital disclosure reduces information asymmetry and increases the finan...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
UiTM Press
2020-12-01
|
| Series: | Journal of International Business, Economics and Entrepreneurship |
| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/40692/1/40692.pdf |
| _version_ | 1827630710619373568 |
|---|---|
| author | Shamem Ara Mili Fathyah Hashim |
| author_facet | Shamem Ara Mili Fathyah Hashim |
| author_sort | Shamem Ara Mili |
| collection | DOAJ |
| description | The aim of this paper is to incorporate relevant empirical researches and literature for
extending the potentials of voluntary human capital disclosure to increase the value of the listed firms in
Bangladesh. Voluntary human capital disclosure reduces information asymmetry and increases the
financial lucidity of the business, and hence, could minimize agency conflicts, and satisfy employees’ and
other stakeholders’ of the business. However, subsequent to a 13.8 percent drop in 2018, the broad index
of the Dhaka Stock Exchange Limited lost 17.3 percent in 2019. It is among the first paper focusing on
the consequence of voluntary human capital disclosures on firm value from a combination of agency
theory, signaling theory, and stakeholder theory perspective. Moreover, extant literature endow with
inconsistent and less evidence concerning the relationship of voluntary human capital disclosure with
firm value. The present paper proposes and illustrates potential proposition for future empirical
investigation in the context of an emerging economy like Bangladesh. It is also expected that the present
paper would endow with further knowledge to investors, managers, and other stakeholders to upgrade
firm value by means of voluntary human capital disclosure in their corporate reporting practices. |
| first_indexed | 2024-03-09T14:10:37Z |
| format | Article |
| id | doaj.art-31492c55db574314a9bc43547cbfabfe |
| institution | Directory Open Access Journal |
| issn | 2550-1429 |
| language | English |
| last_indexed | 2024-03-09T14:10:37Z |
| publishDate | 2020-12-01 |
| publisher | UiTM Press |
| record_format | Article |
| series | Journal of International Business, Economics and Entrepreneurship |
| spelling | doaj.art-31492c55db574314a9bc43547cbfabfe2023-11-29T10:47:14ZengUiTM PressJournal of International Business, Economics and Entrepreneurship2550-14292020-12-0152394510.24191/jibe.v5i2.14234Voluntary Human Capital Disclosure and Firm Value Relationship in the Listed Companies of Bangladesh: A Conceptual OverviewShamem Ara Mili0Fathyah Hashim1Universiti Sains Malaysia, Pulau Pinang, MalaysiaComilla University, Cumilla, BangladeshThe aim of this paper is to incorporate relevant empirical researches and literature for extending the potentials of voluntary human capital disclosure to increase the value of the listed firms in Bangladesh. Voluntary human capital disclosure reduces information asymmetry and increases the financial lucidity of the business, and hence, could minimize agency conflicts, and satisfy employees’ and other stakeholders’ of the business. However, subsequent to a 13.8 percent drop in 2018, the broad index of the Dhaka Stock Exchange Limited lost 17.3 percent in 2019. It is among the first paper focusing on the consequence of voluntary human capital disclosures on firm value from a combination of agency theory, signaling theory, and stakeholder theory perspective. Moreover, extant literature endow with inconsistent and less evidence concerning the relationship of voluntary human capital disclosure with firm value. The present paper proposes and illustrates potential proposition for future empirical investigation in the context of an emerging economy like Bangladesh. It is also expected that the present paper would endow with further knowledge to investors, managers, and other stakeholders to upgrade firm value by means of voluntary human capital disclosure in their corporate reporting practices.https://ir.uitm.edu.my/id/eprint/40692/1/40692.pdfagency theoryfirm valuesignaling theorystakeholder theoryvoluntary human capital disclosure |
| spellingShingle | Shamem Ara Mili Fathyah Hashim Voluntary Human Capital Disclosure and Firm Value Relationship in the Listed Companies of Bangladesh: A Conceptual Overview Journal of International Business, Economics and Entrepreneurship agency theory firm value signaling theory stakeholder theory voluntary human capital disclosure |
| title | Voluntary Human Capital Disclosure and Firm Value Relationship in the Listed Companies of Bangladesh: A Conceptual Overview |
| title_full | Voluntary Human Capital Disclosure and Firm Value Relationship in the Listed Companies of Bangladesh: A Conceptual Overview |
| title_fullStr | Voluntary Human Capital Disclosure and Firm Value Relationship in the Listed Companies of Bangladesh: A Conceptual Overview |
| title_full_unstemmed | Voluntary Human Capital Disclosure and Firm Value Relationship in the Listed Companies of Bangladesh: A Conceptual Overview |
| title_short | Voluntary Human Capital Disclosure and Firm Value Relationship in the Listed Companies of Bangladesh: A Conceptual Overview |
| title_sort | voluntary human capital disclosure and firm value relationship in the listed companies of bangladesh a conceptual overview |
| topic | agency theory firm value signaling theory stakeholder theory voluntary human capital disclosure |
| url | https://ir.uitm.edu.my/id/eprint/40692/1/40692.pdf |
| work_keys_str_mv | AT shamemaramili voluntaryhumancapitaldisclosureandfirmvaluerelationshipinthelistedcompaniesofbangladeshaconceptualoverview AT fathyahhashim voluntaryhumancapitaldisclosureandfirmvaluerelationshipinthelistedcompaniesofbangladeshaconceptualoverview |