A substantial proportion of the intellectual capital literature focuses on the way in which intellectual capital items are measured and reported so as to maximise the market value of a firm. Few scholars, however, have examined the nature and implications of the actual techniques used in the measuring and reporting of intellectual capital. This paper attempts to fill this gap by examining these techniques from the perspective of commodification. It examines intellectual capital and intellectual capital reporting practices that contribute to the commodification of labour. In addition, the paper outlines how financial accounting practices have supported this process. Finally, the paper attempts to demonstrate that the commodification of intellectual capital, rather than solving the contradictions accompanying market value maximisation, simply shifts these contradictions to a new location.
|Publication status||Published - 2007|
|Event||Annual Congress of the European Accounting Association - |
Duration: 1 Jan 2011 → …
|Conference||Annual Congress of the European Accounting Association|
|Period||1/01/11 → …|