PENGARUH INTELLECTUAL CAPITAL TERHADAP NILAI PERUSAHAAN DENGAN KINERJA KEUANGAN SEBAGAI VARIABEL INTERVENING PADA PERUSAHAAN MANUFAKTUR
| Main Author: | FITRIA, FADILAH ILHAM |
|---|---|
| Format: | Thesis NonPeerReviewed Book |
| Bahasa: | eng |
| Terbitan: |
, 2016
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| Subjects: | |
| Online Access: |
http://eprints.perbanas.ac.id/533/1/Artikel%20Ilmiah.pdf http://eprints.perbanas.ac.id/533/2/Cover.pdf http://eprints.perbanas.ac.id/533/3/BAB%20I.pdf http://eprints.perbanas.ac.id/533/4/BAB%20II.pdf http://eprints.perbanas.ac.id/533/5/BAB%20III.pdf http://eprints.perbanas.ac.id/533/6/BAB%20IV.pdf http://eprints.perbanas.ac.id/533/8/BAB%20V.pdf http://eprints.perbanas.ac.id/533/9/Lampiran.pdf http://eprints.perbanas.ac.id/533/ |
Daftar Isi:
- ABSTRACT The purpose of this research is to find out the influence of intellectual capital on the firm value and financial performance as intervening variable in manufacturing companies. The samples used in this study is manufacturing companies listed on the Indonesia Stock Exchange (IDX) on 2012-2014. Data obtained 204 samples. This study used a -Pulic Value Added Intellectual Coefficients (VAICTM) model to examine the relationship between intellectual capital and the firm value of the company’s financial performance. The main components of VAICTM can be seen from the physical capital, human capital and structural capital. The firm value is measured by the price to book value (PBV), the company’s financial performance is measured by return on asset (ROA). This study used linear regression to analyze the data and path analysis to determine the effect of mediation. The finding shows that (1) intellectual capital has influence to the financial performance, (2) intellectual capital has influence on firm value (3) financial performance as a mediator variable able to mediate the relationship between intellectual capital and firm value. This shows that investors will give more assessment of a company that has a higher financial performance, financial performance increases will be responded positively by the market so that increasing the firms value. Key words: intellectual capital, firm value and financial performance