Effect of Managerial Ownership Of Companies Intellectual Capital Value as an intervening variable
| Main Authors: | Rafaizan, Rafa Izan, Wardani, Dewi Kusuma, Primastiwi, Anita |
|---|---|
| Format: | Article info application/pdf Journal |
| Bahasa: | eng |
| Terbitan: |
Pusat Penerbitan dan Publikasi Ilmiah Fakultas Ekonomi dan Bisnis Universitas Muslim Indonesia
, 2020
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| Online Access: |
http://jurnal.fe.umi.ac.id/index.php/ATESTASI/article/view/388 http://jurnal.fe.umi.ac.id/index.php/ATESTASI/article/view/388/281 |
Daftar Isi:
- The purpose of this study is to analyze the effect of corporate governance mechanisms on firm value with intellectual capital as an intervening variable. The object of research uses 32 banking companies listed on the Indonesia Stock Exchange (IDX) for the period 2015 - 2017, but based on the criteria and completeness of the data, the sample in this study only uses 24 banking companies. The sampling technique uses purposive sampling method. Data collection uses the financial statements of banking companies listed on the Indonesia Stock Exchange for the 2015-2017 period downloaded through the IDX website www.idx.id. Data were analyzed using Partial Least Square (PLS) available in the SmartPLS 3.1 software application.The results of this study indicate that managerial ownership has a direct and indirect negative effect on firm value through intellectual capital as an intervening variable and intellectual capital has a negative effect on firm value.
- The purpose of this study is to analyze and explain the effect of managerial ownership on firm value to intellectual capital as an intervening variable. The object of research using 32 banking companies listed in Indonesia Stock Exchange (BEI) for the period from 2015 to 2017 but based on criteria and completeness of the data, the sample in this study only used 24 banking companies. The sampling technique used purposive sampling method. Collecting data using the financial statements of banking companies listed in Indonesia Stock Exchange for the period 2015-2017 that is downloaded via the website IDX www.idx.id. Data were analyzed using Partial Least Square (PLS). The results of this study found that managerial ownership and intellectual capital had a negative effect on firm value, managerial ownership had a negative effect on intellectual capital and managerial ownership had a negative effect on firm value through intellectual capital.