This paper examines the relationship between governance variables and voluntary intellectual capital disclosure in a sample of European biotechnology firms. We extend previous research by simultaneously considering governance mechanisms such as the proportion of independent directors, board...

The period 2007-2010 marked one of the most severe economic and financial crises in living memory. In this paper, we focus on two of accounting's key functions within organisations and markets, financial reporting and governance. In this respect, we find that accounting exhibited shortcomings in...