Pengaruh Intellectual Capital Terhadap Nilai Pasar Dan Kinerja Keuangan Perusahaan Yang Terdaftar Di Bursa Efek Indonesia

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh intellectual capital atau value added intellectual coeficient terhadap nilai pasar dan kinerja keuangan perusahaan yang terdaftar di Bursa Efek Indonesia (BEI) tahun 2012-2016. Penelitian ini menggunakan pendekatan kuantitatif. Penarikan sampel penelitian menggunakan metode purposive sampling yang mendapatkan hasil 200 sampel perusahaan manufaktur dan data yang digunakan adalah data panel. Hasil penelitian ini menunjukkan bahwa intellectual capital (VAIC) berpengaruh terhadap nilai pasar tetapi tidak dengan komponen SCE. VAIC berpengaruh terhadap ROA dan ROE dan VAIC berpengaruh terhadap ATO tetapi tidak dengan komponen HCE.

An Indonesian Empirical Study of The Relationship between Firm’s Intellectual Capital, Financial Performance and Market Value

“…The results of this study are in line with the research conducted by Feimianti & Anantadjaya, (2015), Nurhayati (2017), Yulandari & Gunawan, (2019). However, there are some differences in the results of studies regarding the forming indicators of VAIC ™ from previous studies.…”

“…However, there are some differences in the results of studies regarding the forming indicators of VAIC ™ from previous studies. Like Yulandari & Gunawan (2019) research which provides evidence that only the VACA and VAHU variables have a positive effect on market value, while STVA has a negative effect on market value. In this study, all indicators of VAIC ™ consisting of VACA, VAHU and STVA have a significant effect on the market value of the company.…”

“…Apart from financial performance, it is interesting to study in relation to the role of IC is the company's market value. Considering that trading companies require substantial capital in their operational activities, it is important for management to manage and use IC to increase market value and foster a sense of investor confidence in the company (Yulandari & Gunawan, 2019). efforts that can be made by companies to create value added are to take advantage of all existing potential including human capital, customer capital and structural capital (Lestari & Sapitri, 2016).…”

Intellectual Capital, Islamicity Performance Index, dan Kinerja Keuangan Bank Syariah di Indonesia (Studi Pada Tahun 2015-2020)

“…Perusahaan tidak hanya mementingkan aset berwujud saja tetapi bersaing untuk mengelola aset tidak berwujud juga. Hal ini memicu perusahaan untuk bersaing dalam mengutamakan aset pengetahuan sebagai salah satu bentuk aset tak berwujud yang sangat penting bagi perusahaan tersebut (Yulandari, 2019).…”

The Effect of Career Development on Employee Performance at Aswin Hotel and Spa Makassar

“…One of the factors that can affect employee performance is career development which is a factor that encourages the achievement of employee performance and can provide increased productivity to the organization or company. For employees who have worked at the company for a long time, they will view performance at work not only as a source of income, but also as something that can satisfy other desires, such as respect from others, competition for power and higher positions (Yulandari & Gunawan, 2019). In connection with this, every employee must be given the opportunity to develop their career, namely as a tool to motivate them to perform better by improving or developing good performance to get career development opportunities (Rozalia, 2015).…”