Pengaruh Intellectual Capital dan Struktur Modal Terhadap Return on Asset

Studi Empiris pada Sub Sektor Perbankan yang Terdaftar di Bursa Efek Indonesia Tahun 2018-2022

Abstract

Return on assets is a ratio that can measure the company's effectiveness in generating profits. This  research is a quantitative descriptive study which aims to determine the influence of intellectual  capital and capital structure on return on assets in the banking sub-sector listed on the Indonesian  stock exchange for the 2018-2022 period. This research used 21 samples of banking sub-sector  companies and thisresearch used purposive sampling technique as a representative sample selection  method. The data in this study is secondary data in the form of company financial statements sourced from the official website of the Indonesian Stock Exchange and each company. The dependent variable in this research is return on assets, while the independent variables in this research are intellectual capital and capital structure. The data analysis methods used in this research are classical assumption tests, linear regression analysis, correlation coefficient tests, coefficient of determination tests, and hypothesis tests. The results of this research show that partially intellectual capital has a positive effect on return on assets, capital structure has a negative effect on return on assets. Meanwhile, simultaneously intellectual capital and capital structure have an influence on return on assets in the banking sub-sector listed on the Indonesian stock exchange for the 2018-2022 period.