Accounting Conservatism and Intellectual Capital: Evidence From Turkey With Comparison Models and Sectors

Öz

The aim of this study is to investigate the relevance between accounting conservatism and intellectual capital in the context of the contribution of accounting conservatism to intellectual capital. Four different measurement methods [the asymmetric timeliness of the earnings, market-to-book ratio, asymmetry of the accruals and cash flows and negative accruals] were employed in the study to measure both accounting conservatism and intellectual capital. In this study, research data based on listed companies in manufacturing industry and financial institutions of Borsa Istanbul (BIST) 100 Index in Turkey. The method of the study was the panel data analysis in which the effect of accounting conservatism on intellectual capital was examined based on the data of the predetermined this companies for 2006-2017 period. As a result of the findings, it was determined that the companies care about intellectual capital, and although there is a difference according to the measurement methods, accounting conservatism has an effect on intellectual capital, which is observed both positively that more prominent in financial institutions and negatively, and companies that have conservative accounting policies.

Anahtar Kelimeler

• Accounting conservatism
• beneficial financial information
• intellectual capital
• Companies in listed BIST 100Index

Kaynakça

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