PENGARUH INTELLECTUAL CAPITAL TERHADAP NILAI PERUSAHAAN

Annisa Nadiyah Rahmani

doi:10.37278/insearch.v18i1.139

Annisa Nadiyah Rahmani Fakultas Ekonomi dan Bisnis, Universitas Informatika dan Bisnis Indonesia

DOI: https://doi.org/10.37278/insearch.v18i1.139

Abstract

The purpose of this study is to determine the effect of intellectual capital on the
firm’s value with the financial performance as intervening variabel in manufacturing firms
registered in Indonesia Stock Exchange in period 2015-2017. This research examine
intellectual capital in 2015 toward firm value with financial performance as intervening
variable in 2015, 2016 and 2017. This research wants to know the influence of intellectual
capital perceived in the same year, leg+1, or leg+2. Intellectual capital is measured using
Pulic model. Firm’s value is measured using Tobin’s q model. The sample used in this
study are 114 manufacturing firms in Indonesia Stock Exchange in period 2015-2017.
Multiple Liniar Regression used to be analysis technique using program SPSS 22. The
result of this study show that intellectual capital has a positive effect on firm value in 2016
and 2017.