The effect of intellectual capital on corporate value
Journal Title: Management and Economics Journal (MEC-J) - Year 2018, Vol 2, Issue 1
Abstract
Economic development has many methods in development of financial institutions banking. Liquidity management can affect the institution. The crisis in financial sector is caused by low capability of financial institutions to deal fund sources. It affects the development of securities market and real sector. This study aims to analyze the effect of Intellectual Capital on Banking Value in Indonesia. The effect of Intellectual Capital is derived revenue (financial performance) on Banking Value, indirect effect of Intellectual Capital to Company's value of financial performance. This research is a descriptive explanatory research to test the hypotheses. The population is all Indonesia Banking. This research uses 30 banks with 5 years period (series) from year 2011 until 2015. The samples are 5 years x 30 = 150 item data and analyzed by path analysis. The research results indicate that companies should aware to important role of intellectual capital management. Company must manage intellectual capital within company, because it can affect on firm value. Intellectual capital has a significantly and positive effect on financial performance. In addition, there is an indirect effect of Intellectual Capital on firm value through financial performance. Optimal intellectual capital will create value added to company to provide a separate characteristic. The company will be able to compete with its competitors, because it has a unique competitive advantage.
Authors and Affiliations
Yayuk Sri Rahayu, Putri Kurnia Widiati
Keywords
Related Articles
- EP ID EP449887
- DOI 10.18860/mec-j.v1i2.4825
- Views 135
- Downloads 0
The effect of perceived value on service satisfaction in brand image mediation (Case study toward accounting student, Faculty of Economics, State University in East Java)
This study aims to examine, test, and examine the effect of Perceived Value on Service Satisfaction. Testing the role of Brand Image as a variable mediation influence Perceived Value on Service Satisfaction. The research...
The testing of money neutrality in the economic growth of Indonesia
This study aim is to test the money neutrality in a narrow sense (M1) and a broad sense (M2) to the growth of output (GDP) in Indonesia, both in short term and long term. This research uses quarterly time series data at...
The role of corn waste product innovation toward the economic growth of society (Case study on MSMEs in Ketawang Village)
The Role of Corn Waste Product Innovation toward The Economic Growth of Society, this research aims to find out the influence of the corn waste product innovation that usually does not have the value of sales in the mark...
The effect of intellectual capital on corporate value
Economic development has many methods in development of financial institutions banking. Liquidity management can affect the institution. The crisis in financial sector is caused by low capability of financial institution...
Analyzing the effect of trust and perceived value on purchase intention (a case study of Shopee)
The progress of marketing is accelerating, nowadays people do not have to waste their time walking to the store to buy things. They just need to browse the internet and search for what they want and get it in no time. Wi...