M.A. Thesis:

The Ownership Structure and Intellectual Capital Disclosures with the moderating Role of the Audit Committee Quality

The present study aimed to investigate the ownership structure and intellectual capital disclosure with the moderating role of the audit committee quality at the Tehran Stock Exchange. The effect of ownership structure on intellectual capital disclosure with the moderating role of the audit committee quality was discussed and presented in form of four hypotheses. The first and second hypotheses stated that there is a significant relationship between managerial ownership and institutional ownership with intellectual capital disclosure. The third and fourth hypotheses stated that the audit committee quality moderates the relationship between managerial ownership and institutional ownership through intellectual capital. The present study was conducted on 158 companies for a period of five years from 2013 to 2017. The data related to the studied companies were analyzed using Eviews software. The study results indicated a reverse and significant relationship between managerial ownership and intellectual capital disclosure. In addition, there was a direct and significant relationship between institutional ownership and intellectual capital disclosure. A reverse and significant relationship was found between the audit committee quality, managerial ownership, and institutional ownership with intellectual capital disclosure. The results of this study were consistent with the theoretical foundations and studies of Setayesh et al.

Keywords: Ownership structure, intellectual capital disclosure, managerial ownership, institutional ownership,