Voluntary disclosure of intellectual capital and its impact on firm performance: a Bibliometric analysis using scopus database

Abstract

This research explores the relationship between voluntary disclosure of intellectual capital (IC) and firm performance, utilizing a bibliometric analysis of studies from the Scopus database. The study systematically reviews existing literature on IC disclosure to identify key trends, influential publications, and research gaps, particularly in emerging economies like Sri Lanka. By employing bibliometric tools such as VOSviewer, significant themes, and patterns in IC disclosure are revealed, notably its integration with broader reporting frameworks and sector-specific practices. The findings highlight a growing emphasis on transparent IC reporting, led by developed nations, while emerging economies increasingly participate. Moreover, the research identifies a gap in studies on IC disclosure in Sri Lanka, indicating potential avenues for future research. The practical implications of the research underscore the necessity for standardized IC reporting frameworks to improve transparency and comparability, which would assist stakeholders in their decision-making processes and promote investment. Overall, this work enhances the understanding of how IC disclosure can influence firm performance and offers valuable recommendations for both policy and practice.