scholarly journals PENGARUH INTELLECTUAL CAPITAL TERHADAP KINERJA KEUANGAN PADA BANK GO PUBLIC YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) TAHUN 2009-2012

2014 ◽  
Vol 5 (2) ◽  
pp. 186-203
Author(s):  
Hamidah Hamidah ◽  
Dian Puspita Sari ◽  
Umi Mardiyati
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Panel Data Analysis ◽  
Random Effect ◽  
Value Added ◽  
Correlation Study ◽  
Return On Assets ◽  
Structural Capital ◽  
Capital Value

The purpose of this study is to know the effect of intellectual capital on financial performance on bank go public listed on the Indonesia Stock Exchange in 2009-2012. The sampel are several bank go public. The research method in this study uses correlation study. The research model in this study employs panel data analysis with random effect approach on model 1a and fixed effect approach on model 1b. The empirical results show that intellectual capital that proxy with Value Added Capital Employed (VACA), Value Added Human Capital (VAHU) have positive significant effect on Earning per Share (EPS) but Structural Capital Value Added (STVA) has negative and  no significant effect on Earning per Share (EPS). While, Value Added Capital Employed (VACA), Value Added Human Capital (VAHU) and Structural Capital Value Added (STVA) have positive significant effect on Return On Assets (ROA).  Keywords:       Intellectual Capital, Value Added Capital Employed (VACA), Value Added Human Capital (VAHU), Structural Capital Value Added (STVA), Earning per Share (EPS), Return On Assets (ROA)

scholarly journals Pengaruh Intellectual Capital Terhadap Kinerja Keuangan Perusahaan (Studi Empiris pada Perusahaan yang Terdaftar di BEI serta Mendapatkan Penghargaan Best of The Best Companies Versi Majalah Forbes di Indonesia atas Laporan Keuangan 2015-2016)

2018 ◽  
Vol 6 (1) ◽  
pp. 1117
Author(s):  
Karina Saraswati ◽  
Erinos NR
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Value Added ◽  
Sampling Technique ◽  
Significant Positive Effect ◽  
Capital Asset ◽  
Structural Capital ◽  
Positive Effect ◽  
Capital Value

The aims of this study to determine how much the influence about intellectual capital (VACA, VAHU, STVA) on financial performance (ROA). The population in this study were go public companies that listed in the Stock Exchange and get the Best Of The Best Companies award by Forbes magazine in Indonesia for the 2015-2016 financial statements. The sampling technique in this study was conducted by purposive sampling technique. Based on the determined criteria obtained 36 samples from 79 existing populations. This study used multiple regression analysis to see the effect of several independent variables to the dependent variable. The results of the study conclude that the Value Added Capital Asset has no effect on ROA, Value Added Human Capital has a significant positive effect on ROA, and the last is Structural Capital Value Added has a significant positive effect on ROA.Keywords: Value Added Capital Asset, Value Added Human Capital, Structural Capital Value Added, ROA

scholarly journals PENGARUH INTELEKTUAL CAPITAL TERHADAP PROFITABILITAS PADA PERUSAHAAN INDUSTRI JASA SEKTOR PROPERTI DAN REAL ESTATE DI BURSA EFEK INDONESIA TAHUN 2011 –2015

2018 ◽  
Vol 1 (1) ◽  
pp. 83
Author(s):  
Listiya Ike Purnomo
Keyword(s):  
Human Capital ◽  
Real Estate ◽  
Intellectual Capital ◽  
Value Added ◽  
Return On Assets ◽  
Structural Capital ◽  
Capital Value

Penelitian ini bertujuan untuk mengetahui apakah Intellectual Capital diproksikan dengan Value Added Intellectual Coeffisien berpengaruh signifikan terhadap profitabilitas yang diukur dengan ROA menggunakan metode analisis Data Panel yang diolah dengan program Eviews 7.0. Value Added Capital Employed (VACA) menunjukkan t-statistik> t-tabel 0,610972 <1,97253, dan nilai probabilitasnya 0,5420> 0,05 membuktikan tidak ada pengaruh signifikan dari Value Added Capital Employed (VACA) pada Return On Assets (ROA). Nilai Tambah Modal Manusia (VAHU) menunjukkan t-statistik> t-tabel yaitu 5,324171> 1,97253, dan nilai probabilitas 0,0000 <0,05 membuktikan terdapat pengaruh signifikan Value Added Human Capital (VAHU) terhadap Return On Assets (ROA). Structural Capital Value Added (STVA) menunjukkan t-statistik> t-tabel adalah 2,559279> 1,97253, dan nilai probabilitas 0,0113 <0,05membuktikan bahwa ada pengaruh signifikan dari Structural Capital Value Added (STVA) terhadap Return On Assets (ROA) . Nilai Tambah Intelektual Koefisien (VAIC) menunjukkan t-statistik> t-tabel yaitu 20,21010> 1,97253, dan nilai probabilitas 0,0000 <0,05 membuktikan ada pengaruh signifikan Value Added Intellectual Coefficient (VAIC) terhadap Return On Assets (ROA) . Hasil uji simultan menunjukkan F-statistic> F-tabel adalah 59,13104> 2,42 dan nilai probabilitas 0,000000 <0,05 membuktikkan bersama-sama elemen Intellectual Capital memiliki pengaruh yang signifikan terhadap Return On Assets (ROA). Adjusted R-Squared (R2) sebesar 0,558249 menunjukkan bahwa persentase kontribusi variabel independen terhadap variabel dependen adalah 55,8%. Berdasarkan hasil pengujian dan pembahasan, dapat disimpulkan bahwa Intellectual Capital (IC) yang diukur dengan Value Added Capital Employed (VACA), Value Added Human Capital (VAHU), Structural Capital Value Added (STVA) dan Value Added Intellectual Capital (VAIC) Memiliki pengaruh yang signifikan terhadap profitabilitas yang diukur dengan Return On Assets (ROA).

scholarly journals Pengaruh Intellectual Capital terhadap Kinerja Keuangan pada PT. Bank Rakyat Indonesia dan PT. Bank Negara Indonesia

2021 ◽  
Vol 5 (2) ◽  
pp. 476
Author(s):  
Amilia Paramita Sari
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Value Added ◽  
Physical Capital ◽  
Added Value ◽  
Return On Assets ◽  
Structural Capital ◽  
Physical Assets ◽  
Positive Effect ◽  
Capital Value

This research aims to test the influence of intellectual capital on the performance of the company. Intellectual Capital is measured by the VAIC method which has three variables namely Value Added Capital Employed, Value Added Human Capital and Structural Capital Value Added, while the company's performance is measured using Return on Assets. This study uses PT. Bank Rakyat Indonesia and PT. Bank Negara Indonesia data during the period 2015-2020. The analysis method used is regression analysis. The results of this study prove that only Value Added Human Capital and Structural Capital Value Added have a significant positive effect on Return on Assets. The Value Added Capital Employed has no effect on Return on Assets. This shows that PT. Bank Rakyat Indonesia and PT. Bank Negara Indonesia still rely on their physical assets as measured by physical capital followed by human capital in creating added value for the company which ultimately has an impact on improving bank performance.

scholarly journals PENGARUH MODAL INTELEKTUAL TERHADAP PROFITABILITAS BANK BUMN PERIODE 2015 - 2019

account ◽  
2021 ◽  
Vol 8 (1) ◽  
Author(s):  
Azahra Islamadinna ◽  
Sujarwo Sujarwo ◽  
Elly Mirati
Keyword(s):  
Human Capital ◽  
Regression Analysis ◽  
Intellectual Capital ◽  
Analytical Method ◽  
Value Added ◽  
The Other ◽  
Return On Assets ◽  
Bank Profitability ◽  
Structural Capital ◽  
Capital Value

ABSTRACT  This study aims to test the hypothesis of the intellectual capital on State Owned Bank Profitability for the 2015-2019 period. Value Added Intellectual Coefficient (VAIC) as model of measurement the intellectual capital performance that used in this study by assessing value added that influenced by capital employed, human capital and structural capital. The analytical method used is multiple regression analysis which is processed using the SPSS version 26. The results of this study partially indicate that Value Added Capital Employed (VACA) and Value Added Human Capital (VAHU) has positive and significant effect on profitability as measured by Return on Assets (ROA) indicator. But on the other hand, Structural Capital Value Added (STVA) does not have a statistically significant effect on profitability as measured by Return on Assets (ROA) indicator. Simultaneously VACA, VAHU, and STVA has a significant effect on profitability as measured by Return on Assets (ROA) indicator. These three variables affect the amount of lending by 43.10%. The remaining 53.9% is explained by other variables not used in this study.    Keywords: intellectual capital, profitability, return on assets  ABSTRAK Penelitian ini bertujuan untuk menguji hipotesis pengaruh modal intelektual terhadap Profitabilitas Bank BUMN periode 2015-2019. Value Added Intellectual Coefficient (VAIC) merupakan model pengukuran kinerja modal intelektual yang digunakan dalam penelitian ini dengan menilai value added yang dipengaruhi oleh capital employed, human capital dan structural capital. Metode analisis yang digunakan adalah analisis regresi berganda yang diolah dengan menggunakan program SPSS versi 26. Hasil penelitian ini secara parsial menunjukkan Value Added Capital Employed (VACA) dan Value Added Human Capital (VAHU) berpengaruh positif dan signifikan terhadap profitabilitas dengan indikator Return on Assets (ROA). Namun disamping itu Structural Capital Value Added (STVA) tidak berpengaruh signifikan terhadap profitabilitas dengan indikator Return on Assets (ROA).  Secara simultan VACA, VAHU, dan STVA berpengaruh signifikan terhadap profitabilitas dengan indikator Return on Assets (ROA).  Ketiga variabel tersebut berpengaruh terhadap profitabilitas dengan indikator Return on Assets (ROA)  sebesar 43,1%, sisanya sebesar 56,9% dijelaskan oleh variabel lain yang tidak digunakan dalam penelitian ini.   Kata Kunci: modal intelektual, profitabilitas, return on assets

scholarly journals PENGARUH MODAL INTELEKTUAL TERHADAP EARNING PER SHARE PADA INDUSTRI DASAR DAN KIMIA PERIODE 2012-2016

BISMA ◽  
2018 ◽  
Vol 12 (3) ◽  
pp. 313
Author(s):  
R. Achmad Drajat Aji ◽  
Ajeng Andriani Hapsari
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Sampling Method ◽  
Stock Exchange ◽  
Value Added ◽  
Added Value ◽  
Optimal Management ◽  
Purposive Sampling ◽  
Structural Capital ◽  
Capital Value

Abstract: This research aims to examine the effect of intellectual capital onEarning Per Share (EPS) especially on the company operating in the basic andchemical industries. This study used purposive sampling method to collectsecondary data sourced from Indonesia Stock Exchange (IDX) in the period of2012-2016. The population was all companies operating in basic and chemicalindustries that listed in IDX for the period of 2012-2016, with the sample consistedof 58 companies. Data were analyzed by multiple linear regression. The resultsshowed that Value Added Capital Employed (VACA) had a significant effect onEPS, meaning that the proper use of the capital would increase company valuethat would finally increase its EPS. Value Added Human Capital (VAHU) also hada significant effect on EPS, meaning that the company’s good human resourcesmanagement would create added value to increase profit that would ultimatelyincrease EPS. However, Structural Capital Value Added (STVA) had no significanteffect on EPS, meaning that the company had not achieved competitive advantagedue to less optimal management of structural capital and EPS.Keywords: Intellectual Capital, VAHU, STVA, VACA, and EPS.Abstrak: Penelitian ini bertujuan untuk menguji pengaruh dari modal intelektualterhadap Earning Per Share (EPS). khususnya pada perusahaan yang bergerakdalam industri dasar dan kimia. Data sekunder bersumber dari Bursa EfekIndonesia (BEI) yang diambil berdasarkan teknik purposive sampling. Sampelpenelitian terdiri dari 58 perusahaan yang bergerak dalam industri dasar dan kimiayang terdaftar di BEI periode 2012-2016. Metode analisis data yang digunakanadalah regresi linear berganda. Hasil penelitian menunjukkan adanya pengaruhsignifikan Value Added Capital Employed (VACA) terhadap EPS yang berartibahwa penggunaan modal secara tepat akan menaikan nilai perusahaan untukmeningkatkan nilai keuntungan per lembar sahamnya. Value Added HumanCapital (VAHU) mempengaruhi EPS, yang mengindikasikan bahwa pengelolaansumber daya perusahaan yang baik berdampak pada terciptanya nilai tambah bagiperusahaan untuk meningkatkan laba yang nantinya mampu menambah jumlahEPS. Namun, variabel Structural Capital Value Added (STVA) tidak berpengaruhterhadap EPS yang mengindikasikan bahwa keunggulan bersaing perusahaanbelum dapat tercapai karena pengelolaan structural capital dan EPS yang belumoptimal.Kata Kunci: Modal Intelektual, VAHU, STVA, VACA, dan EPS.

scholarly journals INTELLECTUAL CAPITAL PENGARUHNYA TERHADAP RETURN ON ASSETS (ROA) PADA PERUSAHAAN SUB SEKTOR OTOMOTIF DAN KOMPONEN DI BURSA EFEK INDONESIA

2021 ◽  
Vol 3 (2) ◽  
pp. 60-68
Author(s):  
Cening Ayuni Ratnadi ◽  
Gusti Ayu Mahanavami ◽  
Ida Bagus Ngurah Wimpascima
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Value Added ◽  
Return On Assets ◽  
Purposive Sampling ◽  
Structural Capital ◽  
Capital Value

Perbaikan dan perubahan di bidang bisnis menjadikan perusahaan percaya bahwa modal intelektual menjadi komponen dan aset penting dalam mengukur dan mengevaluasi kinerja di antara sektor bisnis. Penelitian ini bertujuan untuk menguji pengaruh komponen Intellectual Capital yaitu Value Added Capital Employed  (VACA), Value Added Human Capital (VAHU) dan Structural Capital Value added (STVA) terhadap Return On Assets (ROA) pada perusahaan sub sektor otomotif dan komponen di Bursa Efek Indonesia. Teknik pengambilan sampel menggunakan purposive sampling dengan jumlah sampel sebanyak 5 perusahaan sub sektor otomotif dan komponen. Data yang digunakan adalah laporan keuangan periode tahun 2015 – 2019 yang dipublikasikan di website resmi perusahaan. Hasil penelitian menunjukkan bahwa Value Added Capital Employed (VACA) berpengaruh positif siginifikan terhadap Return On Assets (ROA) Pada Perusahaan Sub Sektor Otomotif Dan Komponen, Value Added Human Capital (VAHU) mempunyai pengaruh negatif dan tidak signifikan terhadap Return On Assets (ROA) Pada Perusahaan Sub Sektor Otomotif Dan Komponen dan Structural Capital Value Added (STVA) berpengaruh positif namun tidak signifikan terhadap Return On Assets (ROA) Pada Perusahaan Sub Sektor Otomotif Dan Komponen.

scholarly journals PENGARUH INTELLECTUAL CAPITAL TERHADAP KINERJA KEUANGAN PERUSAHAAN SEKTOR PERTAMBANGAN DI BURSA EFEK INDONESIA

2019 ◽  
Vol 8 (9) ◽  
pp. 5702
Author(s):  
Maulana Hidayat ◽  
I Made Dana
Keyword(s):  
Human Capital ◽  
Financial Performance ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Value Added ◽  
Return On Assets ◽  
Mining Sector ◽  
Regression Methods ◽  
Structural Capital ◽  
Capital Efficiency

The value of the company's resources can be measured using Intellectual Capital. A company can measure the value added by the company through the company's resources by using Intellectual Capital. This study aims to examine and analyze the influence of independent variables Human Capital Efficiency (HCE), Structural Capital Efficiency (SCE) and Capital Employed Efficiency (CEE) on the dependent variable, Return on Assets (ROA). Population in this study are mining sector companies in the Indonesia Stock Exchange. The research sample used a purposive sampling method to obtain 41 mining sector companies in the Indonesia Stock Exchange for the period 2016-2017 that met the research criteria. Data that has been collected will be analyzed using multiple linear regression methods and classical assumption tests. The study found that HCE and SCE had no effect on ROA, whereas CEE had a positive effect on ROA. This shows the factors that influence the financial performance of mining sector companies capital employee of the company. The manager of the mining sector company is expected to be able to increase the use of human capital and structural capital in the company's operations to increase its influence on the company's financial performance. Keywords: financial performance; intellectual capital; return on assets

scholarly journals The Value-Added Analysis of Intellectual Capital for Banking Financial Performance

2019 ◽  
Vol 3 (1) ◽  
pp. 17
Author(s):  
Tupi Setyowati ◽  
Jamilah Jamilah
Keyword(s):  
Human Capital ◽  
Financial Performance ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Value Added ◽  
Company Performance ◽  
Significant Positive Effect ◽  
Structural Capital ◽  
Positive Effect ◽  
Size Variable

This study was conducted to see how intellectual capital (IC) affects company performance (ROA)by entering the size variable in its calculations. This study also analyzes how much financial performancechanges occur as an effect of the efficiency of the use of capital employees (CEE), the efficiencyof using Structural Capital (SCE), and the partial efficiency of using Human Capital (HCE).Research was conducted on conventional banking in Indonesia for the period 2013 - 2017. Theresearch data was obtained from the official website of the Indonesia Stock Exchange (IDX). Thisstudy found that VAIC had a significant positive effect on ROA, and from the three IC components itturned out that the CEE component had the greatest influence on ROA

scholarly journals Pengaruh Intellectual Capital, Rate of Growth of Intellectual Capital dan Pengungkapannya terhadap Kinerja Keuangan Perusahaan

2019 ◽  
Vol 2 (4) ◽  
pp. 486-504
Author(s):  
Chatarina Setyani Aswojo Putri ◽  
Nurfauziah Nurfauziah
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Value Added ◽  
Physical Capital ◽  
Purposive Sampling ◽  
Rate Of Growth ◽  
Structural Capital ◽  
Capital Value

Penelitian ini bertujuan untuk menguji pengaruh intellectual capital, rate of growth of intellectual capital (ROGIC) dan pengungkapannya terhadap kinerja keuangan perusahaan yang diproksikan dengan return on asset (ROA). Metode yang digunakan untuk mengukur intellectual capital yaitu value added intellectual coefficient (VAIC™). Penelitian ini juga menguji pengaruh dari ketiga komponen intellectual capital (VAIC) yaitu physical capital (value added capital employed – VACA), human capital (value added human capital – VAHU) dan structural capital (value added structural capital – STVA) terhadap kinerja keuangan perusahaan. Penentuan sampel dilakukan menggunakan metode purposive sampling dan diperoleh sampel sebanyak 250 perusahaan jasa yang terdaftar di Bursa Efek Indonesia periode 2013-2017. Teknik analisis data dalam penelitian ini menggunakan analisis regresi berganda dan uji t. Hasil penelitian menunjukkan bahwa intellectual capital (VAIC), VACA dan VAHU berpengaruh positif dan signifikan terhadap kinerja keuangan perusahaan. Sedangkan STVA berpengaruh negatif dan signifikan terhadap kinerja keuangan perusahaan. Serta ROGIC dan ICD tidak berpengaruh terhadap kinerja keuangan perusahaan. Kata Kunci : Intellectual Capital (VAIC), Return on Asset (ROA).

scholarly journals Intellectual Capital and the Performance of Manufacturing Companies in Indonesia

2018 ◽  
Vol 7 (3) ◽  
pp. 13
Author(s):  
Rahmat Setiawan ◽  
Budi Yuda Prawira
Keyword(s):  
Human Capital ◽  
Firm Performance ◽  
Intellectual Capital ◽  
Value Added ◽  
Manufacturing Industries ◽  
Manufacturing Companies ◽  
Asset Return ◽  
Return On Equity ◽  
Structural Capital ◽  
Capital Value

This study aimed at examining the effect of intellectual capital and its components covering value added capital employed, value added human capital, and structural capital value added on the firm performance. Intellectual capital was measured by using Pulic’s model, while the firm performance was measured by return on asset, return on equity, and market-to- book ratio. The samples used in this study were 103 manufacturing industries and we also investigated every subsector of the manufacturing industries including 51 basic and chemical industries, 30 miscellaneous industries, and 22 consumer goods industry listed on Indonesia Stock Exchange during the period of 2012 up to 2016. Multiple regression analysis was used to test the hypothesis. The result of the study showed that intellectual capital had a significant positive effect on return on asset, return on equity, and market-to-book intellectual capital on the firm performance in each subsector of the manufacturing industry. Value added capital employed as a component of intellectual capital was the most influential component on the firm performance. This findings indicated that a firm with great and well managed of capital employed, allowing a firm to improve their performance. Penelitian ini bertujuan untuk menguji pengaruh intellectual capital dan komponennya yang meliputi value added capital employed, value added human capital, dan structural capital value added terhadap kinerja perusahaan. Intellectual capital diukur menggunakan model Pulic, sementara kinerja perusahaan diukur dengan return on asset, return on equity, dan market-to-book ratio. Sampel yang digunakan dalam penelitian ini adalah 103 perusahaan pada industri manufaktur, dan kami juga kami meneliti masing-masing subsektor dari industri manufaktur yang meilputi 51 perusahaan pada  industri dasar dan bahan kimia, 30 perusahaan pada aneka indstri, dan 22 perusahaan pada industri barang konsumsi yang terdaftar di Bursa Efek Indonesia selama jangka waktu 2012-2016. Analisis regresi berganda digunakan untuk menguji hipotesis. Hasil penelitian menunjukkan bahwa intellectual capital berpengaruh positif signifikan terhadap return on asset, return on equity, dan market-to-book ratio di semua industri. Selain itu, hasil penelitian ini juga menunjukkan bahwa tidak ada perbedaan pengaruh intellectual capital terhadap kinerja perusahaan pada masing-masing subsektor industri manufaktur. Value added capital employed yang merupakan komponen dari intellectual capital merupakan komponen yang paling berpengaruh terhadap kinerja perusahaan. Temuan ini menunjukkan bahwa perusahaan dengan modal yang besar dan dikelola dengan baik, memungkinkan perusahaan untuk meningkatkan kinerjanya.Intellectual capital, value added capital employed, value added human capital, structural capital value added, return on asset, return on equity, market-to-book ratio.

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