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The Moderating Effect of Proprietary Costs in the Relation Between Ownership Structure and Human Capital Disclosure in Sustainability Report

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Part of the book series: Lecture Notes in Information Systems and Organisation ((LNISO,volume 24))

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Abstract

This paper investigates the relationship between ownership concentration and human capital disclosure in sustainability report, using both the agency theory and the proprietary costs theory . The findings show a negative relationship between ownership concentration and the level of human capital disclosure. The results also reveal that the association between ownership concentration and human capital disclosure is stronger for companies characterized by higher proprietary costs. This study contributes to the literature on human capital disclosure in different ways. First, we develop a wider human capital disclosure index, that could be utilized in future studies, and use this index to investigate the information released in the sustainability report. Moreover, this is the first study, to the best of our knowledge, examining the role of proprietary costs as a potential explanatory determinant, in conjunction with ownership structure, of human capital disclosure released in sustainability report.

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Acknowledgements

The research has been published thanks to the financial support received by the Parthenope University, Naples, entitled “Bando di sostegno alla ricerca individuale per il triennio 2015–2017. Annualità 2016”.

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Authors and Affiliations

  1. Parthenope University of Naples, Naples, Italy

    Sabrina Pisano, Luigi Lepore, Assunta Di Vaio & Loris Landriani

Authors
  1. Sabrina Pisano
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  2. Luigi Lepore
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  3. Assunta Di Vaio
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  4. Loris Landriani
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Corresponding author

Correspondence to Sabrina Pisano .

Editor information

Editors and Affiliations

  1. Parthenope University of Naples, Naples, Italy

    Rita Lamboglia

  2. University of Perugia, Perugia, Italy

    Andrea Cardoni

  3. University of Genoa, Genoa, Italy

    Renata Paola Dameri

  4. Parthenope University of Naples, Naples, Italy

    Daniela Mancini

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Pisano, S., Lepore, L., Di Vaio, A., Landriani, L. (2018). The Moderating Effect of Proprietary Costs in the Relation Between Ownership Structure and Human Capital Disclosure in Sustainability Report. In: Lamboglia, R., Cardoni, A., Dameri, R., Mancini, D. (eds) Network, Smart and Open. Lecture Notes in Information Systems and Organisation, vol 24. Springer, Cham. https://doi.org/10.1007/978-3-319-62636-9_17

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