PENGARUH INTELLECTUAL CAPITAL TERHADAP NILAI PASAR PERUSAHAAN PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2009-2011
| Main Author: | RAHMAYANTI, YUNIA |
|---|---|
| Format: | Thesis NonPeerReviewed Book |
| Bahasa: | ind |
| Terbitan: |
, 2013
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| Subjects: | |
| Online Access: |
https://eprints.untirta.ac.id/4294/1/PENGARUH%20INTELLECTUAL%20CAPITAL%20TERHADAP%20NILAI%20PASAR%20PERUSAHAAN%20PADA%20PERUSAHAAN%20PERBANKAN%20YANG%20TERDAFTAR%20DI%20BURSA%20EFEK%20INDONESIA%20.pdf https://eprints.untirta.ac.id/4294/ |
Daftar Isi:
- EFFECT OF INTELLECTUAL CAPITAL MARKET VALUE OF CORPORATE BANKING COMPANIES LISTED IN INDONESIA STOCK EXCHANGE (IDX) PERIOD 2009-2011 By : Yunia Rahmayanti (5552091959) ABSTRACK Intellectual capital ( IC ) lately has a key role in the effort to increase the value of various companies. This is due to the awareness that the IC is a platform for companies to become more competitive. This study aims to determine the relationship between the IC to the market value of the company. IC is the independent variable and the company's market value as the dependent variable. By using a method developed by Pulic VAIC TM , this study examined the relationship between intellectual capital efficiency as measured by value added (VAIC) of the company's three major resources (physical assets, human capital and structural capital) and price to book value (PBV) as a proxy for measuring the company's market value. The samples in this study were selected using purposive sampling technique from the banking sector listed on the Stock Exchange 2009-2011. And methods of data using multiple regression analysis. Results of this study indicate that the independent variable (VAIC) simultaneously affect the PBV. While partially affecting the PBV is VACA. For VAHU, STVA and VAIC not have an influence on PBV. Adjusted R square value showed 17.9 %, which means that the independent variables are still weak in influencing PBV and the rest influenced by other variables not examined. Suggestions for future research is to use the direct method of measuring IC such as the balanced scorecard or a real option models. Add to samples from other business sectors to compare IC existence in various business sectors. Adding a company's performance as a moderating variable to determine the direct link IC to company performance that is further reflected in the stock price. Keywords : intellectual capital , VAICTM , value added capital employed , value added human capital , structural capital value added , price to book value .