| This study explains the effect of determinants of intellectual capital disclosure in company prospectuses of initial public offerings. The determinants are ownership retention, proprietary costs, corporate governance structure. Researcher collected data through libraries Pusat Referensi Pasar Modal (PRPM) in Indonesia Stock Exchange. The research data use 113 public companies listed on IDX from period 2003 to 2010 based some considerations or criteria relevance with the purpose of research. Data processing and hypothesis testing using multiple linear regression model is processed with the Statistical Package for Social Science (SPSS) program versi 17. The result of this study indicates the ownership retention has negattive influence to intellectual capital disclosure significantly while the proprietary costs and corporate governance structure have no significant influence to intellectual capital disclosure. Keywords : intellectual capital, ownership retention, proprietary costs, corporate governance structure, initial public offering. |