This paper examines some of the forces influencing the intellectual capital (IC) practices of firms in Sri Lanka. It begins by examining the role played by the Colombo Stock Exchange (CSE), the private sector and accounting regulators in shaping IC practice. It then provides an overview of the economy of Sri Lanka, focusing on the Board of Investment of Sri Lanka, the education sector, and the intellectual property environment. The study concludes that the CSE’s over dependence on foreign capital, the continuing reluctance of the accounting profession to resolve issues relating to IC reporting, and the lack of government support for a disadvantaged workforce, have negatively influenced IC practices of firms in Sri Lanka.
|Publication status||Published - 2006|
|Event||Interdisciplinary Perspective on Accounting Conference (IPA) - |
Duration: 1 Jan 2011 → …
|Conference||Interdisciplinary Perspective on Accounting Conference (IPA)|
|Period||1/01/11 → …|