CAPIC REVIEW

Journal of Accounting, Auditing and Business Management

ISSN 0718-4662

logo revista Capic Review
Vol. 21 (2023): CAPIC REVIEW
Investigation

Human capital disclosure: evidence from the argentinian banking sector

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  • Jonathan Luna Valenzuela,
  • Carmen Verón,
  • Cecilia Ficco
Jonathan Luna Valenzuela
Universidad Nacional de Rio Cuarto
Carmen Verón
Universidad Nacional de Rosario
Cecilia Ficco
Universidad Nacional de Río Cuarto
DOI: https://doi.org/10.35928/cr.vol21.2023.174
Categories

Published 2023-04-25

Keywords

  • content analysis,
  • human capital,
  • voluntary disclosure,
  • banking sector

How to Cite

Luna Valenzuela, J., Verón, C., & Ficco, C. (2023). Human capital disclosure: evidence from the argentinian banking sector. CAPIC REVIEW, 21, 1–14. https://doi.org/10.35928/cr.vol21.2023.174

Copyright (c) 2023 Jonathan Valenzuela, Carmen Verón, Cecilia Ficco

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Abstract

In the knowledge economy, human capital (HC) is considered to be the most important asset in the banking sector. However, HC disclosure is entirely voluntary.
The main objective of this paper is to examine HC disclosure practices by leading banks listed on the Argentinian stock market. The research is based on content analysis of the annual reports of four banks from 2017 to 2019. To capture multiple facets of HC disclosure, three communication dimensions were analyzed: topic, evidence and time orientation.
Findings indicate that banks reported strongly in areas of training, director’s profile and employee benefits. However, the results also revealed significant differences in the levels of disclosure for HC items, which reflect the relative importance given by the banks to these issues. Over the three years examined, HC disclosure levels increased considerably, particularly after adopting the IFRS in 2018. Regarding the quality of the disclosure, the HC information disclosed in the annual reports was mainly discursive and non-time specific.
The main findings of this research, in agreement with previous studies, indicate that IC information disclosed in their annual reports by leading Argentinian listed banks is still incomplete, reflecting the current difficulties in measuring and managing their intangible resources.

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