EFFECT OF INTELLECTUAL PROPERTY ACCOUNTING ON ORGANIZATIONAL GROWTH IN NIGERIA

Alphonsus Sunday Anichebe (PhD), Nasiru Ikiebe Yesufu, Festus Ubogu

Abstract


The work is on the effect of intellectual property accounting on organizational growth with particular reference to firms listed on the Nigerian stock exchange. The study deals with secondary u.ira from the Nigeria stock exchange (NSE), Central Bank of Nigeria Statistical Bulletin, CR V annual reports, Economic Journals and textbooks. Cochran formula is used to select the sample population of the study. Independent t-test were undertaken to determine whether there are significant differences between each of the group. The dependent variables in the study are economic value added, cash value added, market value added, refined economic value added and the only control variable is firm size. Findings of disclosure reveal that intellectual capital intensive sector firms have higher intellectual capital disclosure than non intellectual capital intensive sector putting into consideration that the objective of the study is to examine whether intellectual capital financial disclosure interact with each other to inference the cost of equity capital. Therefore, the study recommends that both financial and intellectual capital should be disclosed.


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