How to Respond to Information Needs of University Stakeholders: Proposal of Indicators for Reporting on Intellectual Capital

The purpose of this paper is to know the opinion of the university stakeholders regarding the importance they give to completing the information from university financial statements with information relating to these institutions’ intellectual capital. To this end, a questionnaire was designed and sent to every member of the Social Councils of Spanish public universities. The results of our empirical study allow us to recommend extending the limits of universities’ annual accounts so as to include the information on different intangible elements demanded by the different stakeholders. Finally, the study’s results served as basis to develop a battery of indicators which allows these intangible elements to be measured.