The Effect Of Intellectual Capital Growth on The Value of The Company

Mahesty Wida Rahmayanti, Widi Hidayat

2018

Abstract

This research aimed to investigate the effect of intellectual capital growth toward firm value with financial performance as the intervening variable on banking companies in Indonesia that were listed on the Indonesian Stock Exchange (IDX) from 2011 to 2015. This research using a quantitative explanatory approach. The sample used in this research comprised 68 banking companies with the selection done by a purposive sampling method. The analysis method that was used in this research is partial least squares regression, performed by WarpPLS 5.0 for Windows software. The result of this research showed that: (1) intellectual capital growth has a positive significant effect toward financial performance; (2) financial performance has a positive significant effect toward firm value; (3) intellectual capital growth has a negative effect toward firm value; (4) intellectual capital growth does not have a direct effect toward firm value, but rather influences firm value indirectly with financial performance as the intervening variable.

Paper Citation

in Harvard Style

Rahmayanti M. and Hidayat W. (2018). The Effect Of Intellectual Capital Growth on The Value of The Company.In Proceedings of the Journal of Contemporary Accounting and Economics Symposium 2018 on Special Session for Indonesian Study - Volume 1: JCAE Symposium, ISBN 978-989-758-339-1, pages 732-739. DOI: 10.5220/0007020607320739

in Bibtex Style

@conference{jcae symposium18,
author={Mahesty Wida Rahmayanti and Widi Hidayat},
title={The Effect Of Intellectual Capital Growth on The Value of The Company},
booktitle={Proceedings of the Journal of Contemporary Accounting and Economics Symposium 2018 on Special Session for Indonesian Study - Volume 1: JCAE Symposium,},
year={2018},
pages={732-739},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0007020607320739},
isbn={978-989-758-339-1},
}

in EndNote Style

TY - CONF

JO - Proceedings of the Journal of Contemporary Accounting and Economics Symposium 2018 on Special Session for Indonesian Study - Volume 1: JCAE Symposium,
TI - The Effect Of Intellectual Capital Growth on The Value of The Company
SN - 978-989-758-339-1
AU - Rahmayanti M.
AU - Hidayat W.
PY - 2018
SP - 732
EP - 739
DO - 10.5220/0007020607320739