This work aims to explore the relationship between academic performance and voluntary Intellectual Capital (IC) disclosure in the context of Italian Public Universities. This study applies a content analysis to investigate the extent of voluntary Intellectual Capital disclosure (ICD) provided through performance reports by a sample of 59 Italian public universities. Four multivariate regression models are estimated to examine the associations between academic performance and the level of ICD and its sub-components, namely Human Capital, Structural Capital and Relational Capital. The content analysis findings show that Italian public universities place a high value on disclosing human capital information. The results based on the multivariate analysis confirm the view that, in the case of higher performance, Italian Public Universities tend to convey a greater extent of information on both IC and its sub-components. This study broadens the scope of mainstream ICD literature's actions by bringing new expertise about the interconnections between university performance and voluntary ICD provided via performance reports. Connecting university performance to ICD can enhance the practical and theoretical understanding of the role that ICD may exert for universities to signalling their excellence and explain to stakeholders how they create value and achieve superior performance, focusing on their strategic - IC-based resources.

这项工作旨在探讨意大利公立大学背景下学业成绩与自愿智力资本 (IC) 披露之间的关系。本研究应用内容分析来调查由 59 所意大利公立大学的样本通过绩效报告提供的自愿智力资本披露 (ICD) 的程度。估计有四个多元回归模型来检查学业成绩与 ICD 及其子组成部分（即人力资本、结构资本和关系资本）水平之间的关联。内容分析结果表明，意大利公立大学非常重视人力资本信息的披露。基于多变量分析的结果证实了一个观点，在更高的性能的情况下，意大利公立大学倾向于传达更多关于 IC 及其子组件的信息。本研究通过引入关于大学绩效与通过绩效报告提供的自愿 ICD 之间相互关联的新专业知识，拓宽了主流 ICD 文献行动的范围。将大学绩效与 ICD 联系起来，可以增强对 ICD 可能在大学发挥其卓越作用的作用的实践和理论理解，并向利益相关者解释他们如何创造价值并实现卓越绩效，重点关注其基于 IC 的战略资源。通过带来关于大学绩效与通过绩效报告提供的自愿 ICD 之间相互关联的新专业知识来采取行动。将大学绩效与 ICD 联系起来，可以增强对 ICD 可能在大学发挥其卓越作用的作用的实践和理论理解，并向利益相关者解释他们如何创造价值并实现卓越绩效，重点关注其基于 IC 的战略资源。通过带来关于大学绩效与通过绩效报告提供的自愿 ICD 之间相互关联的新专业知识来采取行动。将大学绩效与 ICD 联系起来，可以增强对 ICD 可能在大学发挥其卓越作用的作用的实践和理论理解，并向利益相关者解释他们如何创造价值并实现卓越绩效，重点关注其基于 IC 的战略资源。