INTELLECTUAL CAPITAL TERHADAP CAPITAL GAIN MELALUI CORPORATE PERFORMANCE
DOI:
https://doi.org/10.34127/jrlab.v12i1.793Abstract
This research aims to find out and analyze the effect of Intellectual capital on capital gains through corporate performance. The characteristics of the sample data include data on the financial statements of 10 companies belonging to the automotive company group with a financial reporting period of 6 years. From this data, indicators are calculated using a ratio formula based on variable measurement indicators with statistical application programs, including SPSS version 21 (Statistical Program for Social Science) and AMOS (Analysis Moment of Structure) version 20, which are packages in the SEM (Structural Equation Model) program. ). The results of this study indicate that intellectual capital, which consists of value added capital employed, value added Human capital , and structural capital value has a positive and significant effect on corporate performance. Intellectual capital consists of value added capital employed, value added Human capital , and structural capital value through corporate performance has a positive and significant effect on capital gains. Intellectual capital consisting of value added capital employed, value added Human capital , and structural capital value has a positive and significant impact on capital gains. It indicates that increasing the intellectual capital budget will immediately increase the company's capital gains. Corporate performance has a positive and significant influence on capital gains. It suggests that the level of corporate performance will be followed by the rise and fall of the company's capital gains.
Key words: Intellectual Capital, Capital Gain, Corporate Performance
References
Amri, O., & Abdoli, M. (2012). The Relationship Between Intellectual Capital and Performance of Companies ( A Case Study of Cement Companies Listed in Tehran Stock Exchange ). World Applied Sciences Journal 20, 20(4), 520–526. https://doi.org/10.5829/idosi.wasj.2012.20.04.2577
Andriyani, I., Marzuki, A., Azrin, A., & Palembang, U. T. (2022). Pengaruh Intellectual Capital Dan Corpote Govenance Terhadap Kinerja Keuangan Perusahaan Perbankan yang Terdaftar di BEI. Jurnal Ekombis, 10(1), 543–550.
Appuhami, B. A. R. (2007). The Impact of Intellectual Capital on Investors ’ Capital Gains on Shares : An Empirical Investigation of Thai Banking , Finance & Insurance Sector. International Management Review, 3(2), 14–25.
Artamevia, F. E. (2022). PENGARUH KINERJA KEUANGAN TERHADAP RETURN SAHAM PADA PERUSAHAAN RETAIL DI BEI Filda Ega Artamevia Triyonowati Sekolah Tinggi Ilmu Ekonomi Indonesia ( STIESIA ) Surabaya. Jurnal Ilmu Dan Riset Manajemen.
Artinah, B. (2010). Pengaruh Intellectual Capital terhadap Profitabilitas. Penelitian Mandiri.
Barney, J. (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management, 99–120.
Bontis, N. (2002). Intellectual Capital ROI : A Causal Map of Human capital Antecedents and Intellectual Capital ROI : A causal map of Human capital antecedents and consequents. ResearchGate, May. https://doi.org/10.1108/14691930210435589
Chen, M. (2014). An Empirical Investigation of the Relationship between Intellectual An empirical investigation of the relationship between intellectual capital and firms ’ market value and financial performance. ResearchGate, February 2005. https://doi.org/10.1108/14691930510592771
Cooper and Emory. (1997). Business Research Methods. Richard D. Irwin, Inc.
Fahmi, I. (2012). Analisis kinerja keuangan : panduan bagi akademisi, manajer, dan investor untuk menilai dan menganalisis bisnis dari aspek keuangan. Alfabeta. http://library.stik-ptik.ac.id/detail?id=49247&lokasi=lokal
Fathi, S., & Farahmand, S. (2013). Impact of Intellectual Capital on Financial Performance. ResearchGate, March.
Fikriyah, A., & Bestari, S. C. (2021). PENGARUH INTELLECTUAL CAPITAL TERHADAP CAPITAL GAIN. Jurnal Akuntansi, Keuangan, Pajak Dan Informasi (JAKPI), 1(2), 1–14.
Firer, S., Williams, S. M., Firer, S., & Williams, S. M. (2021). Intellectual capital and traditional measures of corporate performance. Emerald Insight, 4(3), 348–360. https://doi.org/10.1108/14691930310487806
Ghozali, I. (2020). Grand Theory (Apriya (ed.); 25 Teori B). Yoga Pratama.
Hadli, S. E., & Mario, A. (2023). Pengaruh Intellectual Capital Terhadap Kinerja Keuangan Perusahaan. Jurnal Ekombis Review, 11(1), 507–514.
Hamdan, A. (2018). Intellectual capital and firm performance. International Journal of Islamic and Middle Eastern Finance and Management, 11(1), 139–151. https://doi.org/10.1108/IMEFM-02-2017-0053
Ivada, E. (2004). Persepsi Akuntan atas Pengakuan dan Pelaporan Intellectual Capital. Jurnal Akuntansi Dan Keuangan, 3.
Kozak, M. (2011). Strategic approach to intellectual capital development in regions. International Journal of Learning and Intellectual Capital, 8. https://doi.org/10.1504/IJLIC.2011.037360
Maheran, N., & Muhammad, N. (2009). Intellectual Capital Efficiency and Firm ’ s Performance : Study on Malaysian Intellectual Capital Efficiency and Firm ’ s Performance : Study on Malaysian Financial Sectors. November 2016. https://doi.org/10.5539/ijef.v1n2p206
Maji, S. G., & Goswami, M. (2016). Intellectual capital and firm performance in emerging economies: the case of India. Review of International Business and Strategy, 26(3), 410–430. https://doi.org/10.1108/RIBS-03-2015-0019
Mehralian, G., Rajabzadeh, A., Reza Sadeh, M., & Reza Rasekh, H. (2012). Intellectual capital and corporate performance in Iranian pharmaceutical industry. Journal of Intellectual Capital, 13(1), 138–158. https://doi.org/10.1108/14691931211196259
Miller, M., B.D. Du Pont, V. Fera, R. Jeffrey, B. Mahon, B.M. Payer, and A. S. (1999). Measuring and reporting intellectual capital from a diverse Canadian industry perspective. Paper Presented at the International Symposium Measuring and Reporting Intellectual Capital: Experiences, Issues and Prospects.
Mukhtar Galib. (2018). Analisis Kinerja Perusahaan Dengan Menggunakan Pendekatan Balanced Scorecard. Seiko Journal of Management & Business, 2(1), 92–112.
Murti. (2010). Analisis Pengaruh Modal Intelektual terhadap Kinerja Perusahaan (Studi pada Perusahaan yang Terdaftar di Bursa Efek Indonesia). Journal of Management.
Octama, M. I. O. W. K. (2011). Modal Intelektual Dan Pengaruhnya Terhadap Return Saham ( Studi Empiris Pada Perusahaan Non Keuangan yang Terdaftar. Jurnal Undip, Icd, 1–28.
Organization for Economic Co-operation and Development (OECD). (1999). International Symposium on Measuring and Reporting Intellectual Capital: Experience, Issues and Prospects. Amsterdam.
Petty, Richard., dan J. G. (2000). Intellectual capital literature review: measurement, reporting and management. Journal of Intellectual Capital, 1, 155–176.
Pew Tan, H., Plowman, D., & Hancock, P. (2007). Intellectual capital and financial returns of companies. Journal of Intellectual Capital, 8(1), 76–95. https://doi.org/10.1108/14691930710715079
Pulic, A. (1998). Measuring The Performance of Intellectual Potential in Knowledge Economy. The 2nd McMaster Word Congress on Measuring and Managing Intellectual Capital by the Austrian Team for Intellectual Potential.
Puspitaningtyas, Z. (2022). Empirical evidence of market reactions based on signaling theory IN indonesia stock exchange. Investment Management and Financial Innovations. https://doi.org/10.21511/imfi.16(2).2019.06
Ross, Westerfield, J. (2003). Fundamentals of Corporate Finance (Sixth Edit). United States of America.
Sampurno, R. D. (2021). Analisis Pengaruh Intellectual Capital TerhadaP. Diponegoro Journal of Management, 10, 1–14.
Silooy, M., & Dewi, A. R. S. (2022). Mental Accounting : Investors Create Different Accounts for Dividends and Capital Gains. Jurnal Economic Resources, 1979, 272–278.
Tandelilin. (2001). Beta Pada Pasar BULLISH DAN BEARISH : Jurnal Ekonomi Indonesia, 16(3), 261–272.
Ulum, I. (2008). Intellectual Capital Performance Sektor Perbankan di Indonesia. Jurnal Akuntansi Dan Keuangan, 10.
Wijaya, N. (2012). Pengaruh Intellectual Capital Terhadap Kinerja Keuangan Dan Nilai Pasar Perusahaan Perbankan Dengan Metode Value Added Intellectual Coefficient. Jurnal Bisnis Dan Akuntansi, 14(3), 157–180.
Wijayanti, P. dan. (2010). Pengaruh Intellectual Capital terhadap Harga Saham melalui Kinerja Keuangan pada Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia pada Tahun 2009 – 2011. Jurnal Akuntansi. Malang : Universitas Brawijaya.
Yulandari, L. F., Gunawan, H., Studi, P., Manajerial, A., Batam, P. N., & Centre, B. (2019). Pengaruh Intellectual Capital Terhadap Nilai Pasar Dan Kinerja Keuangan Perusahaan Yang Terdaftar Di Bursa Efek. Journal of Applied Managerial Accounting, 3(1), 36–50.
Downloads
Published
Issue
Section
License
Jurnal Lentera Bisnis disebarluaskan di bawah Lisensi Creative Commons Atribusi-BerbagiSerupa 4.0 Internasional.
Berdasarkan ciptaan pada https://plj.ac.id/ojs/index.php/jrlab
