From VAIC To Value: A Systematic Review of Intellectual Capital, Reporting Practices, And Performance Across Sectors and Regions
DOI:
https://doi.org/10.55927/fjbes.v2i5.688Kata Kunci:
Intellectual Capital, VAIC, Disclosure, Governance, SustainabilityAbstrak
This systematic literature review synthesizes recent accounting evidence on intellectual capital (IC) by linking measurement, disclosure, governance, and sustainability-oriented value creation. Following a PRISMA-based process, 215 Scopus records were screened and 29 studies published during 2016-2025 were retained for thematic synthesis; earlier seminal works were used only to establish theory. The review shows that VAIC/MVAIC are consistently associated with accounting performance, whereas market-value effects are more contingent on disclosure quality, governance, sector, and institutional context. The study's novelty is an accounting-centered framework that connects IC efficiency with reporting credibility and emerging digital-sustainability conditions. The findings support more comparable IC metrics, stronger disclosure governance, and context-sensitive interpretation of intangible value creation.
Referensi
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