Intellectual Capital Terhadap Nilai Pasar Dan Kinerja Keuangan Perusahaan Dengan Value Added Intellectual Capital (Studi Pada Perusahaan Manufaktur di Bursa Efek Indonesia Tahun 2008-2011)

Sofie Sofie, Ari Prihartini, Rinda Liana

Abstract


This study aims to ident6 and analyze the effect of intellectual capital as one of the company's intangible assets to market value and financial performance.of the company-manufacturing companies using the Value Added Intellectual Capital (VAIC m). The analysis method used is multiple panels because the structure of the data used in this research is the data panel. The results of the hypothesis theory shows that the intellectual capital has significant effect on the market value and performance of the company. The three components of intellectual capital, as the physical capital efficiency, human capital and structural capital efficiency, have a positive effect on firm value and performance of companies that dproksi by ROA, ATO, ROE and OI / S. So do the results of statistical tests, except for the efficiency of the human capital and structural capital efficiency ROE against Of / S. The results show that intellectual capital is a factor that is very important and significant effect on the quality of the company which in turn directly affects firm value andfinancial performance of the company.


Keywords


Intellectual Capital; Value Added Intellectual Capital; Market Value; Financial Performance

Full Text:

PDF

Article Metrics

Abstract views : 0| PDF views : 0

References


Gujarati, D., 1999. Basic Econometric. 3rd Edition. New York: Mc.Graw Hill, Inc.

Hang Chan, Kin. Impact Intellectual capital on Organization Performance. Jurnal Intellectual Capital, 2009, Vol. 16.

Harahap, Sofyan Syafri, 2007. Teori Akuntansi Edisi Revisi. Jakarta: Rajawali Pers.

Hsun Shih, Kuang dan Chia Jung Chan. Assesing Knowledge Creation and Intellectual Capital in Banking Industry. Jurnal Intellectual Capital, 2010, Vol 11.

IAI, 2009. Standar Akuntansi Keuangan. Jakarta: Salemba Empat.

Kiong Ting, Irene wei and Hooi Hooi Lean. Intellectual Capital Performance of Financial institution in Malaysia. Jurnal Intellectual Capital, 2009, Vol 10.

Margaretha,Farah dan Arief Rakhman. Analisis Pengaruh Intellectual Capital Terhadap Market Value dan Financial Performance Perusahaan dengan Metode Value Added Intellectual Capital. Jurnal Bisnis dan Akuntansi, 2006, Vol 8 Agustus.

Nilmawati. Organizational Learning dan Knowledge Asset: Partner Terbaik untuk Mendapatkan Keunggulan Bersaing. Ekobis, 2006, Vol 9 No.1 Januari.

Riahi, Ahmed and Belkoui, 2004. Accounting Theory. 5th Edition. London: Thomson. Suhendah, Rousilita. Intellectual Capital. Jurnal Akuntansi, 2005, Tahun IX. September.

Suprayitno, Edi, 2008. Pentingnya Pengembangan Intellectual Capital. Bandung: Manajemen UNPAD.

Ulum, Ihyaul.Imam Ghozali dan Anis Chariri, 2009. Intellectual Capital dan Kinerja Keuangan Perusahaan:Suatu Analisis dengan Pendekatan Partial Least Square. Simponsium Nasional Akuntansi 12.

Zeghal,Daniel and Anis Maaloul. Analyzing Value Added as an Indicator of Intellectual Capital and its Consequences on Company Performance. Intellectual Capital, 2010, Vol 11.




DOI: http://dx.doi.org/10.25105/jipak.v7i2.4499

Refbacks

  • There are currently no refbacks.