Cost-benefit analysis of intellectual capital disclosure: University stakeholders' view

The reporting of intellectual capital in higher education institutions becomes of vital importance mainly due to the fact that knowledge is the main output and input in these institutions. Also, the increasing social concern about establishing procedures of accountability and ensuring information transparency in public universities prompted us to raise the need to disclose information on their intellectual capital. This paper aims to know the main reasons why Spanish universities do not disclose information about classification: their intellectual capital in the current accounting information model and the positive consequences that may result from such disclosure. To this end a questionnaire was designed and sent to all the members of the Social Councils of Spanish public universities. The obtained results show that intellectual capital disclosure results in a higher transparency of the institution, increased user satisfaction and improved Keywords: credibility, image and reputation of the University, while it is the lack of internal systems of identification Intellectual capital and measurement of intangible elements the main reason for not disclosing information on intellectual Cost-benefit analysis capital. Disclosure (C) 2012 ASEPUC. Published by Elsevier Espafia, S.L. All rights reserved.