Intellectual Capital, Corporate Value dan Kinerja Keuangan Perbankan di Bursa Efek Indonesia 2008-2012  

Oleh:

Simorangkir, Sandy ; Hasnawati, Sri

Jenis: Article from Journal - ilmiah nasional - tidak terakreditasi DIKTI - atma jaya
Dalam koleksi: Telaah Manajemen: Jurnal Riset & Konsep Manajemen vol. 10 no. 1 (May 2015), page 69-84.
Topik: Intangible assets; intellectual capital; kinerja keuangan (ROA); nilai perusahaan
Fulltext: Telaah Manajemen Mei 2015-Hal 69-84_Yeko.pdf (1,020.92KB)

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: TT32 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

The purpose of this study is to find out the impact of intellectual capital on the financial performance of the company and the value of hanking companies listed at the Indonesia Stock Exchange. The population of this study is 33 banks listed at the Indonesia Stock Exchange during the period between 2008 and 2012. Based on the sampling criteria, 23 banks were selected for this study. The model used in this study is the path models with Intellectual capital dimensions as the independent variable, and financial performance (ROA) as the intervening variable that mediates intellectual capital on the firm value. The study indicated that intellectual capital affected the financial performance by 78.5 %, while the collective intellectual capital and financial performance affected the firm value by 16.3 %. These results suggest that intellectual capital contributed more to the financial performance compared to the firm value. This happened because the Indonesian capital market's investors, are still oriented towards tangible asset valuation compared to the intangible assets as the intellectual capital/ knowledge assets. Intellectual capital with financial performance as an intervening variable is able to contribute to the increase in the firm's value. In other words, the market gives a higher value to companies that have higher financial performance that are able to manage the intellectual resources effectively and efficiently.

Opini Anda

Klik untuk menuliskan opini Anda tentang koleksi ini!

Kembali