Title: The association between corporate attributes and HR disclosure level: evidence from India

Authors: Kirti Aggarwal

Addresses: Haryana School of Business, Guru Jambheshwar University of Science and Technology, Hisar – 125 001, Haryana, India

Abstract: The objective of the present study is to investigate the association between corporate attributes and HR disclosure level of Indian listed companies. The present study is conducted on 34 companies listed on Nifty Fifty Index. The data of variables are gathered from annual reports and CMIE ProwessIQ Database of the sample companies. The latest time period is used for conducting the study and it is ranging from F.Y. 2012-2013 to 2019-2020 (eight years). For analysis, descriptive statistics, Pearson's correlation matrix, two-way least square dummy variable (LSDV) regression model are used. The outcomes of descriptive statistics show that the mean percentage of HRDI is 51.08. It indicates that it is lies on moderate side. The overall trend of HRDI is also on continuous increasing side. Further, the results of two-way LSDV regression model shows that there is significant positive effect of age, net fixed assets, net sales, promoter's holding, quick ratio, pages of an annual report and significant negative of debt-equity ratio, current ratio on HRDI. Overall, it can be said that the study is beneficial for the stakeholders to take their investment decisions more wisely based on HR disclosure, which is made by the Indian listed companies.

Keywords: corporate attributes; human resource disclosure; content analysis; annual report; human resource disclosure index; India.

DOI: 10.1504/IJICBM.2024.143893

International Journal of Indian Culture and Business Management, 2024 Vol.33 No.4, pp.458 - 478

Received: 27 May 2023
Accepted: 19 Jun 2023
Published online: 13 Jan 2025 *

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