Abstract
Disclosure of human capital in annual reports enable HR Professionals with information to improve their investment decisions on a broad range of people-related issues. When contrasted against the other dimensions of intellectual capital, namely, structural and customer capital, disclosed human capital information provides useful insights on how people contribute towards organisational performance. This study applied a self-constructed disclosure index with four constructs to assess the extent of human capital disclosure in the 2015 annual reports of the Top 40 Johannesburg Stock Exchange (JSE) listed companies in South Africa. A Cronbach’s alpha of 0.872 was attained confirming the internal consistency of this instrument. Overall, 26% of human capital information was disclosed qualitatively, quantitatively and in monetary value compared to 33% for both structural and customer capital.