Muhammad Madyan and Hudan Raushan Fikir (2019) Intellectual Capital, Financial Performance, and Value of Company. Journal of Advanced Research in Dynamical and Control System, 11. pp. 1276-1284. ISSN 1943-023X
![[img]](https://repository.unair.ac.id/style/images/fileicons/text.png) |
Text (article)
Moh. Madyan-Karya Ilmiah-003_Intellectual Capital, Financial Performance, and Value of Company.pdf Download (148kB) |
|
Text (similarity)
Moh. Madyan-Similarity03_Intellectual Capital, Financial Performance and Value of Company.pdf Download (1MB) |
|
Text (Peer Review)
Muhammad Madyan_Peer Review 003 (Revisi).pdf Download (1MB) |
Abstract
Economic actors are no longer looking at a business entity based on intangible assets and financial assets, but also based on intangible assets that can affect its survival and to improve the competitve advantage by considering the intellectual capital. This work evaluates the effect of intellectual capital on financial performance and the value of the company.VAIC ™ method was used to gauge the capital. Variables in this work are Human Capital Efficiency (HCE), Structural Capital Efficiency (SCE), and Capital Employed Efficiency (CEE). The financial performance of the company is proxied by Return on Assets (ROA), while the value of the company is proxied by Tobins'Q. The samples of this study are 25 companies indexedin Indonesian Stock Exchange (ISE) 2009-2012. The analysis technique used in this study was multiple linear regression. The research proves that HCE hadsignificant negative effect on ROA and not notable negative effect on Tobins'Q. SCE exhibited a positive, but not significant effect on ROA and the Tobins’Q. CEE demonstrated significant positive effect on ROA and a negative non- significant effect on Tobins'Q.
| Item Type: | Article | ||||||
|---|---|---|---|---|---|---|---|
| Uncontrolled Keywords: | Intellectual Capital, financial performance of corporate, and value of corporate. | ||||||
| Subjects: | H Social Sciences > HG Finance > HG4001-4285 Finance management. Business finance.Corporation finance H Social Sciences > HG Finance > HG4501-6051 Investment, capital formation, speculation |
||||||
| Divisions: | 04. Fakultas Ekonomi dan Bisnis > Manajemen | ||||||
| Creators: |
|
||||||
| Depositing User: | Tn Sugeng Riyanto | ||||||
| Date Deposited: | 19 Nov 2019 03:58 | ||||||
| Last Modified: | 13 Dec 2019 08:34 | ||||||
| URI: | http://repository.unair.ac.id/id/eprint/91061 | ||||||
| Sosial Share: | |||||||
Actions (login required)
 |
View Item |