Pengaruh Intellectual Capital Terhadap Kinerja Keuangan Dan Pertumbuhan Perusahaan

The Effect of Ownership of Managerial, Independent Board of Commissioners, Board of Directors and Intellectual Capital on Financial Performance

“…These outcomes are in keeping with studies carried out by Mursidah et al (2021), Choiriyah & Fitria (2019), and Agustami & Rahman (2015)which state that intellectual capital has a positive effect on financial performance. But it does not align with the findings of the research by Nazra & Suazhari (2019)and Purwanto & Mela (2021) which claim that the performance of the economy is unaffected by intellectual capital.…”

“…Kurniawati et al (2020) stated that intellectual capital, or intellectual in the era of globalization we are in now, it is very important to apply it to business because many are starting to implement business by utilizing science rather than doing energy-based business. Agustami & Rahman (2015), that the distinction between a company's market worth and the value of its assets or financial capital is essentially its intellectual capital.…”

Does The Value of the Company Affected Intellectual Capital with Financial Performance as Interesting Variables?

“…The different results of research conducted by several researchers such as Sudibya & Restuti (2014) states that intellectual capital has a positive influence on financial performance, in contrast to Andriana (2014) which provides a statement that Intellectual Capital and Human Capital insignificantly have a negative effect on financial performance . This encourages researchers to carry out the next research that is the application of ROA as a measure of financial performance which is used as a connecting variable of the two other variables as well as researched data focusing on property and real estate sub-sector companies that are incorporated in the BEI period 2015 to 2017 because the related sectors have the lowest movement in the stock price index while the price of the property is getting higher and this becomes more interesting to study because the development of the Property and Real Estate sector is part of the indicator of economic growth in Indonesia in particular.…”

“…Judging from the discussion above, several previous researchers have conducted intellectual capital, company value, and financial performance studies such as Sudibya & Restuti (2014) which empirically proved that intellectual capital has a positive influence on financial performance, in contrast to Andriana's (2014) research which states that Intellectual Capital and Human Capital have insignificant negative effect on financial performance, even though Employed Capital and Structural Capital show positive coefficients.…”

Related Board Diversity and Firm Value

“…According to Martinez-Jimenez et al, (2020) the composition of the board of directors affects the effectiveness in decision-making, thus potentially affects the performance of the company. The composition can be classified according to the characteristics and expertise of each board of directors, such as gender (Arena et al, 2015;Arioglu, 2020;Fathonah, 2018;Moreno-Gómez et al, 2018), education (Darmadi, 2013), expertise (Gottesman & Morey, 2006;Nekhili & Gatfaoui, 2013), and age (Fathonah, 2018;Gottesman & Morey, 2006). If the attributes of board members are the same, then board members can quickly approve a decision (Marcel et al, 2010), but the information taken from such a decision may be minimum.…”