Abstract
In recent years, the level of interest in non-financial disclosure has increased considerably, stimulating the development of new frameworks, such as the one proposed by the International Integrated Reporting Council (IIRC) on integrated reporting (IR), and an extension of the existing standards, such as the Global Reporting Initiative (GRI). In particular, IR aims to combine the different dimensions of financial and non-financial performance and consider all types of capital related to value-creation processes. In this context, intangible resources represent a relevant issue in the new economic era of knowledge and information. In fact, intangibles, often called intellectual capital, are considered key drivers that bring future benefits, and they are a determining factor in achieving a competitive advantage. From this perspective, the chapter analyzes the role of disclosure on intangible assets in reducing information asymmetry, increasing the level of transparency and accountability toward stakeholders, and positively influencing corporate performance. Furthermore, this work provides an overview of how the IIRC and the GRI deal with the topic of intangibles disclosure within non-financial reporting.
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Badia, F., Dicuonzo, G., Galeone, G., Dell’Atti, V. (2022). Evolutionary Trends of Intangibles Disclosure Within Non-financial Reporting. In: Cinquini, L., De Luca, F. (eds) Non-financial Disclosure and Integrated Reporting. SIDREA Series in Accounting and Business Administration. Springer, Cham. https://doi.org/10.1007/978-3-030-90355-8_18
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