Analisis Modal Intelektual Dan Ukuran Perusahaan Terhadap Nilai Perusahaan Melalui Kinerja Perusahaan Sebagai Variabel Antara

This study examines the effect of intellectual capital and firm size on firm value with the company's financial performance as an intervening variable.. The sample used in this study is a food and beverage company that is listed on the Indonesia Stock Exchange (IDX) it the period 2014-2018. Data obtained by 65 samples. Data of this study is analyzed using path analysis. The results show that intellectual capital and firm size had a positive effect oncompany performance and firm value, and company performance mediate the effect of intellectual capital and firm size on firm value.

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

Agregat Jurnal Ekonomi dan Bisnis ◽

10.22236/agregat_vol3/is1pp17-24 ◽

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

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Pengaruh Modal Intelektual, Set Kesempatan Investasi Terhadap Kinerja Keuangan Dan Nilai Perusahaan Makanan dan Minumam Yang Terdaftar Pada BEI Periode 2012-2016

SKETSA BISNIS ◽

10.35891/jsb.v7i2.2146 ◽

2020 ◽

Vol 7 (2) ◽

pp. 84-93

Author(s):

Nurul Mufida ◽

Muhammad Saifi ◽

Ari Darmawan

Keyword(s):

Financial Performance ◽

Path Analysis ◽

Intellectual Capital ◽

Firm Value ◽

Capital Investment ◽

Intangible Asset ◽

Company Performance ◽

Investment Opportunity ◽

Purposive Sampling ◽

Investment Opportunity Set

In addition to increasing intangible assets, the company will also see the future by implementing policies regarding investment decisions to increase company performance and company value. For this reason, the purpose of this study is to examine the effect of intellectual capital, investment opportunity sets on company performance and firm value in food and beverage companies listed on the IDX for the period 2012-2106. The study population numbered 14 companies, while the sample used in this study was taken using purposive sampling, the number of samples taken in this research proposal is 11 samples that meet the criteria used. This study uses path analysis. The results of this study indicate that intellectual capital has no significant effect on financial performance, negative intellectual capital is not significant towards firm value, the investment opportunity set has a negative effect on financial performance. The investment opportunity set has a positive and significant effect on firm value, financial performance has a significant positive effect on firm value. ___________________________________________________________________ Perusahaan selain meingkatkan intangible asset, disisi lain perusahaan juga akan melihat masa depan dengan melakukan kebijakan mengenai keputusan investasi untuk menigkatkan kinerja perusahaan dan nilai perusahaan. Untuk itu tujuan penelitian ini adalah menguji pengaruh modal intelektual, set kesempatan investasi terhadap kinerja perusahaan dan nilai perusahaan pada perusahaan makanan dan minuman yang terdaftar pada BEI periode 2012-2106. Populasi penelitian berjumlah dengan jumlah 14 perusahaan, sedangkan Sampel yang digunakan dalam penelitian ini diambil dengan menggunakan purposive sampling, banyaknya sampel yang diambil dalam usulan penelitian ini adalah 11 sampel yang memenuhi kriteria yang digunakan. penelitian ini menggunakan analisis jalur (path analysis), Hasil penelitian ini menunjukkan modal intelektual tidak berpengaruh signifikan terhadap kinerja keuangan, modal intelektual negatif tidak signifikan terhadap nilai perusahaan, set kesempatan investasi berpengaruh negative pada kinerja keuangan. Set kesempatan investasi berpengaruh positif dan signifikan terhadap nilai perusahaan, kinerja keuangan berpengaruh positif signifikan terhadap nilai perusahaan.

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Intellectual Capital, Firm Value, and Financial Performance

AFEBI Accounting Review ◽

10.47312/aar.v1i01.24 ◽

2017 ◽

Vol 1 (01) ◽

pp. 29

Author(s):

Aida Irsyahma ◽

Nikmah Nikmah

Keyword(s):

Financial Performance ◽

Intellectual Capital ◽

Firm Value ◽

Banking Sector ◽

Stock Exchange ◽

Analysis Method ◽

The Relationship ◽

Modern Era ◽

Positive Effect ◽

Test Result

The ownership of intangible assets especially intellectual capital has becoming more important in this modern era where technology and knowledge have significant roles in company operating activities. The objective of this study is to examine the effect of intellectual capital on firm value and financial performance as intervening variable. The sample in this study is the banking sector listed in Indonesia Stock Exchange between 2011-2014 and 15 banks become samples in this study. The data was analyzed using the path analysis method with SPSS. The test result shows that intellectual capital has a positive effect on firm value, intellectual capital has a positive effect on financial performance, financial performance has a positive effect on firm value, and financial performance proved to intervene the relationship between intellectual capital and firm value. Keywords: Financial Performance, Firm Value, Intellectual Capital

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Analisis Pengaruh Intellectual Capital Terhadap Nilai Perusahaan Dengan Kinerja Keuangan Sebagai Variabel Intervening Pada Perusahaan Perbankan Yang Terdaftar Di Bursa Efek Indonesia Periode 2010-2015

JURNAL PUNDI ◽

10.31575/jp.v2i3.99 ◽

2018 ◽

Vol 2 (3) ◽

Author(s):

Gina Septiana

Keyword(s):

Financial Performance ◽

Path Analysis ◽

Intellectual Capital ◽

Firm Value ◽

Stock Exchange ◽

Value Added ◽

Testing Hypotheses ◽

Book Value ◽

Independent Variable ◽

Test Result

The objective of this research is to determine the influence of intellectual capital to the firm value of the banks listed on BEI with financial performance as an intervening variable. The independent variable applied in this study was the intellectual capital which was measured by value added intellectual coefficient (VAIC). The dependent variable in this study was the firm value is measured by using price to book value (PBV), while financial performance as an intervening variable is measured by using return on asset (ROA). The sample used in this study are 11 banking companies listed by the Indonesia Stock Exchange (IDX) within the period of 2010-2015. This study used a quantitative approach to testing hypotheses used the technique of path analysis. To examine the effect of mediation used sobel test. The finding shows that (1) intellectual capital has significant effect to financial performance. (2) intellectual capital does not have significant effect to the level of firm value. (3) financial performance has significant effect to the level of firm value. (4) sobel test result showed that financial performance mediate intellectual capital to the firm value.

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ANALISIS PENGARUH INTELLECTUAL CAPITAL, PENGUNGKAPAN SUSTAINABILITY REPORT, DAN UKURAN PERUSAHAAN TERHADAP KINERJA KEUANGAN

SIMAK ◽

10.35129/simak.v19i02.248 ◽

2021 ◽

Vol 19 (02) ◽

pp. 339-354

Author(s):

Narcisus Jumadi ◽

Julianti Sjarief

Keyword(s):

Financial Performance ◽

Firm Size ◽

Intellectual Capital ◽

Sampling Method ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Multiple Linear Regression Analysis ◽

Negative Effect ◽

Positive Effect ◽

Sustainability Report

The purpose of this research to analyze the effect of intellectual capital, sustainability report disclosure, and firm size on the financial performance of non-financial companies listed on the Indonesia Stock Exchange for the 2017-2020. In this study, there were 66 samples from 18 companies. The data collection method used is purposive sampling method. The data analysis method used is multiple linear regression analysis. The results showed that intellectual capital has a significant positive effect on financial performance, sustainability reports disclosure has a significant negative effect on financial performance, and firm size has no significant effect on financial performance.

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Kinerja Keuangan Memediasi Pengaruh Modal Intelektual dan Struktur Modal pada Nilai Perusahaan di Masa Pandemi Covid-19

E-Jurnal Akuntansi ◽

10.24843/eja.2021.v31.i10.p08 ◽

2021 ◽

Vol 31 (10) ◽

pp. 2503

Author(s):

Luh Ayu Meliani ◽

Dodik Ariyanto

Keyword(s):

Capital Structure ◽

Financial Performance ◽

Path Analysis ◽

Intellectual Capital ◽

Firm Value ◽

Sampling Technique ◽

Company Value ◽

Negative Effect ◽

The Relationship ◽

Positive Effect

This study examines the effect of intellectual capital and capital structure on firm value with financial performance as a mediating variable. The sample was selected by purposive sampling technique. Data were analyzed using path analysis. The results of the analysis show that intellectual capital has no effect on financial performance, but has a positive effect on firm value. Capital structure has a positive effect on financial performance, but has no effect on firm value. Financial performance has a negative effect on firm value. The relationship between capital structure and firm value is successfully mediated by financial performance, however, financial performance does not mediate the relationship between intellectual capital and firm value. This research has implications for those who need information about company value in pharmaceutical sub-sector companies by considering the factors that influence it, especially during the Covid 19 pandemic. Keywords: Intellectual Capital; Capital Structure; Firm Value; Financial Performance.

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PENGARUH UKURAN PERUSAHAAN, KEPEMILIKAN INSTITUSIONAL, PROFITABILITAS DAN PERUBAHAN LABA TERHADAP NILAI PERUSAHAAN

SIMAK ◽

10.35129/simak.v19i02.195 ◽

2021 ◽

Vol 19 (02) ◽

pp. 190-212

Author(s):

Hermina Lima Baha

Keyword(s):

Firm Size ◽

Firm Value ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Sampling Technique ◽

Institutional Ownership ◽

Multiple Linear Regression Analysis ◽

Analysis Technique ◽

Food And Beverage ◽

Positive Effect

The purpose of this study was to determine the effect of firm size, institutional ownership, profitability, and earnings changes on firm value in the food and beverage subsector listed on the Indonesia Stock Exchange (IDX) for the 2017-2019 period. The population used in this study were 31 companies. While the sample used as many as 16 companies selected by using purposive sampling technique. Multiple linear regression analysis technique is the analysis technique used in this study. Based on the result of the analysis, firm size, institutional ownership, profitability, and earnings changes have a positive effect on firm value.

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PENGARUH KEPEMILIKAN MANAJERIAL, UKURAN PERUSAHAAN, PROFITABILITAS, KEBIJAKAN DIVIDEN, KEPUTUSAN INVESTASI, STRUKTUR MODAL DAN INTELLECTUAL CAPITAL TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN KELUARGA YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2016 – 201

Media Akuntansi ◽

10.47202/mak.v33i01.115 ◽

2021 ◽

Vol 33 (01) ◽

pp. 79-99

Author(s):

Endang Wahyuni ◽

Endang Purwaningsih

Keyword(s):

Capital Structure ◽

Firm Size ◽

Intellectual Capital ◽

Firm Value ◽

Dividend Policy ◽

Stock Exchange ◽

Investment Decisions ◽

Managerial Ownership ◽

Significant Positive Effect ◽

Positive Effect

This study aims to provide empirical evidence regarding the effect of managerial ownership, firm size, profitability, dividend policy, investment decisions, capital structure and intellectual capital on firm value. The population of this study is family companies listed on the Indonesia Stock Exchange during 2016-2019. The sample of this research is 128 samples. Sampling using purposive sampling method, namely determining the sample from the existing population based on the criteria desired by the researcher. This study uses multiple linear regression to analyze the data. The results of this study indicate managerial ownership has no effect on firm value, firm size has no effect on firm value, profitability has a significant positive effect on firm value, dividend policy has no effect on firm value, investment decisions have a significant positive effect on firm value, capital structure has a significant negative effect on firm value, and intellectual capital has no effect on firm value.

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THE INFLUENCE OF CAPITAL STRUCTURE, WORKING CAPITAL ROUND, AND INTELLECTUAL CAPITAL STRUCTURE ON CORPORATE VALUE IN FOOD AND BEVERAGES SECTOR MANUFACTURING COMPANIES LISTED IN INDONESIA STOCK EXCHANGE IN 2015-2018

Primanomics Jurnal Ekonomi & Bisnis ◽

10.31253/pe.v18i2.357 ◽

2020 ◽

Vol 18 (2) ◽

pp. 109

Author(s):

Susanto Wibowo ◽

Ronaldo J.

Keyword(s):

Capital Structure ◽

Intellectual Capital ◽

Firm Value ◽

Stock Exchange ◽

Statistical Tests ◽

Manufacturing Companies ◽

Working Capital ◽

Normality Test ◽

Food And Beverage ◽

Positive Effect

This study aims to examine the effect of capital structure, working capital turnover, and intellectual capital structure on firm value. The sampling method uses purposive sampling. Companies with criteria in the food and beverage sector manufacturing companies listed on the Indonesia Stock Exchange during 2015-2018. The population is 51 companies and sampling is 14 companies. Data analysis techniques using statistical tests: multiple linear regression, descriptive testing, data normality test, heteroskedasticity test, multicollinearity test, determination test, t-test, and F test. The results showed that the company's capital structure and working capital turnover significantly had a positive effect on firm value. While the intellectual capital structure does not affect the value of the company.

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Mediation Effect of Financial Performance on The Influence of Intellectual Capital on Firm Value

Jurnal Ilmiah Akuntansi dan Keuangan ◽

10.32639/jiak.v10i2.743 ◽

2021 ◽

Vol 10 (2) ◽

pp. 106-114

Author(s):

Hidayatul Khusnah ◽

Mardiyah Anugraini

Keyword(s):

Financial Performance ◽

Intellectual Capital ◽

Firm Value ◽

Stock Exchange ◽

Financial Statements ◽

Mediating Effect ◽

Mediation Effect ◽

Research Hypothesis ◽

Negative Effect ◽

Positive Effect

This study aims to determine the mediating effect of financial performance on the effect of intellectual capital on firm value. This research was conducted at companies incorporated in LQ-45 listed on the Indonesian stock exchange. The sample of this research is the financial statements of companies incorporated in LQ-45 in the 2014-2019 period that publish financial statements continuously. Analysis of the data in this study using SEM-PLs using WarpPLs 6.0 software. The results of this study indicate that VACA, VAHU and STVA have a positive effect on firm value. In addition, this study also found that of the three intellectual capital proxies, only VACA and STVA had a positive effect on financial performance, while VAHU did not support the research hypothesis because it had a negative effect on financial performance. Further findings show that financial performance mediates the effect of VACA and STVA on firm value.

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