Reconstruction of Financial Performance to Manage Gap between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange
This study aims to analyze the effect of Value Added Intellectual Coefficient (VAICâ„¢) on value of company (MtBV) and financial performance (ROA) as mediating variable. This study used Value Added Intellectual Coefficient (VAICâ„¢) to measure the efficiency of three components i.e. Value Added Cap...
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| Format: | Article |
| Language: | English |
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EconJournals
2017-08-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | http://mail.econjournals.com/index.php/ijefi/article/view/4309 |
| _version_ | 1828029307389214720 |
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| author | Yana Ermawati Muhamad Yamin Noch Zakaria Zakaria Arfan Ikhsan Muammar Khaddafi |
| author_facet | Yana Ermawati Muhamad Yamin Noch Zakaria Zakaria Arfan Ikhsan Muammar Khaddafi |
| author_sort | Yana Ermawati |
| collection | DOAJ |
| description |
This study aims to analyze the effect of Value Added Intellectual Coefficient (VAICâ„¢) on value of company (MtBV) and financial performance (ROA) as mediating variable. This study used Value Added Intellectual Coefficient (VAICâ„¢) to measure the efficiency of three components i.e. Value Added Capital Employed (VACA), Value Added Human Capital (VAHU), and Structural Capital Value Added (STVA). This study is a quantitative research using 20 banking companies listed in Indonesia Stock Exchange (BEI) as samples. Data were analyzed using path analysis with AMOS program version 22. The results of this study indicate that the Value Added Intellectual Coefficient (VAICâ„¢) has positive and significant effect on financial performance (ROA), but it has immediate positive and non-significant effect on company value (MtBV). Furthermore, it can be proven that VAICâ„¢ has indirect positive and significant effect on MtBV with ROA as a mediating variable.
Keywords: VAIC, financial performance (ROA), company value (MtBV), AMOS.
JEL Classifications: G1, G3, M42
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| first_indexed | 2024-04-10T14:08:21Z |
| format | Article |
| id | doaj.art-0f0dc2e0833342de818f6f706639087e |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T14:08:21Z |
| publishDate | 2017-08-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-0f0dc2e0833342de818f6f706639087e2023-02-15T16:09:51ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382017-08-0174Reconstruction of Financial Performance to Manage Gap between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock ExchangeYana ErmawatiMuhamad Yamin NochZakaria ZakariaArfan IkhsanMuammar Khaddafi0Universitas Malikussaleh This study aims to analyze the effect of Value Added Intellectual Coefficient (VAICâ„¢) on value of company (MtBV) and financial performance (ROA) as mediating variable. This study used Value Added Intellectual Coefficient (VAICâ„¢) to measure the efficiency of three components i.e. Value Added Capital Employed (VACA), Value Added Human Capital (VAHU), and Structural Capital Value Added (STVA). This study is a quantitative research using 20 banking companies listed in Indonesia Stock Exchange (BEI) as samples. Data were analyzed using path analysis with AMOS program version 22. The results of this study indicate that the Value Added Intellectual Coefficient (VAICâ„¢) has positive and significant effect on financial performance (ROA), but it has immediate positive and non-significant effect on company value (MtBV). Furthermore, it can be proven that VAICâ„¢ has indirect positive and significant effect on MtBV with ROA as a mediating variable. Keywords: VAIC, financial performance (ROA), company value (MtBV), AMOS. JEL Classifications: G1, G3, M42 http://mail.econjournals.com/index.php/ijefi/article/view/4309 |
| spellingShingle | Yana Ermawati Muhamad Yamin Noch Zakaria Zakaria Arfan Ikhsan Muammar Khaddafi Reconstruction of Financial Performance to Manage Gap between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange International Journal of Economics and Financial Issues |
| title | Reconstruction of Financial Performance to Manage Gap between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange |
| title_full | Reconstruction of Financial Performance to Manage Gap between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange |
| title_fullStr | Reconstruction of Financial Performance to Manage Gap between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange |
| title_full_unstemmed | Reconstruction of Financial Performance to Manage Gap between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange |
| title_short | Reconstruction of Financial Performance to Manage Gap between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange |
| title_sort | reconstruction of financial performance to manage gap between value added intellectual coefficient vaictm and value of company in banking company listed in indonesia stock exchange |
| url | http://mail.econjournals.com/index.php/ijefi/article/view/4309 |
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