The Intellectual Capital Components on Firm Value: Evidence from LQ-45 Index Companies
<p>The purpose of this research is to analyze the influence of Intellectual Capital components on the firm value. Data used in this research is secondary data with sampling method is purposive sampling. The population of this study is companies listed in LQ 45 period 2012 - 2015, then selected...
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| Format: | Article |
| Language: | English |
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Universitas Merdeka Malang
2018-06-01
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| Series: | Jurnal Keuangan dan Perbankan |
| Subjects: | |
| Online Access: | http://jurnal.unmer.ac.id/index.php/jkdp/article/view/1648 |
| _version_ | 1819053377400602624 |
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| author | Eristy Minda Utami |
| author_facet | Eristy Minda Utami |
| author_sort | Eristy Minda Utami |
| collection | DOAJ |
| description | <p>The purpose of this research is to analyze the influence of Intellectual Capital components on the firm value. Data used in this research is secondary data with sampling method is purposive sampling. The population of this study is companies listed in LQ 45 period 2012 - 2015, then selected to be sampled in these study as many as 96 companies are observed. The analytical tool to test of hypothesis is multiple regression analysis. The result of Value Added Capital Employed (VACA) affects the firm value. This means that information about the efficient use of capital employed is captured by the market (investor) so as to affect the firm value, Value Added Human Capital (VAHU) affect the firm value, because the company has the best employees with a ratio perpendicular to the cost incurred by the company, get a lot of value added on them. Structural Capital Value Added (STVA) does not affect the firm value. This shows that the company's operational systems, organizational culture, management philosophy and all forms of intellectual property owned by the company are inefficient and economical in creating added value for the company.</p><p> </p> |
| first_indexed | 2024-12-21T12:34:46Z |
| format | Article |
| id | doaj.art-bbd2118a69b94c898f0ec74c713e92f2 |
| institution | Directory Open Access Journal |
| issn | 1410-8089 2443-2687 |
| language | English |
| last_indexed | 2024-12-21T12:34:46Z |
| publishDate | 2018-06-01 |
| publisher | Universitas Merdeka Malang |
| record_format | Article |
| series | Jurnal Keuangan dan Perbankan |
| spelling | doaj.art-bbd2118a69b94c898f0ec74c713e92f22022-12-21T19:03:56ZengUniversitas Merdeka MalangJurnal Keuangan dan Perbankan1410-80892443-26872018-06-0122210.26905/jkdp.v22i2.16481346The Intellectual Capital Components on Firm Value: Evidence from LQ-45 Index CompaniesEristy Minda Utami0Department of Management, Faculty of Business and Management University of Widyatama<p>The purpose of this research is to analyze the influence of Intellectual Capital components on the firm value. Data used in this research is secondary data with sampling method is purposive sampling. The population of this study is companies listed in LQ 45 period 2012 - 2015, then selected to be sampled in these study as many as 96 companies are observed. The analytical tool to test of hypothesis is multiple regression analysis. The result of Value Added Capital Employed (VACA) affects the firm value. This means that information about the efficient use of capital employed is captured by the market (investor) so as to affect the firm value, Value Added Human Capital (VAHU) affect the firm value, because the company has the best employees with a ratio perpendicular to the cost incurred by the company, get a lot of value added on them. Structural Capital Value Added (STVA) does not affect the firm value. This shows that the company's operational systems, organizational culture, management philosophy and all forms of intellectual property owned by the company are inefficient and economical in creating added value for the company.</p><p> </p>http://jurnal.unmer.ac.id/index.php/jkdp/article/view/1648Firm ValueIntellectual CapitalStructural Capital Value AddedValue Added Capital EmployedValue Added Human Capital |
| spellingShingle | Eristy Minda Utami The Intellectual Capital Components on Firm Value: Evidence from LQ-45 Index Companies Jurnal Keuangan dan Perbankan Firm Value Intellectual Capital Structural Capital Value Added Value Added Capital Employed Value Added Human Capital |
| title | The Intellectual Capital Components on Firm Value: Evidence from LQ-45 Index Companies |
| title_full | The Intellectual Capital Components on Firm Value: Evidence from LQ-45 Index Companies |
| title_fullStr | The Intellectual Capital Components on Firm Value: Evidence from LQ-45 Index Companies |
| title_full_unstemmed | The Intellectual Capital Components on Firm Value: Evidence from LQ-45 Index Companies |
| title_short | The Intellectual Capital Components on Firm Value: Evidence from LQ-45 Index Companies |
| title_sort | intellectual capital components on firm value evidence from lq 45 index companies |
| topic | Firm Value Intellectual Capital Structural Capital Value Added Value Added Capital Employed Value Added Human Capital |
| url | http://jurnal.unmer.ac.id/index.php/jkdp/article/view/1648 |
| work_keys_str_mv | AT eristymindautami theintellectualcapitalcomponentsonfirmvalueevidencefromlq45indexcompanies AT eristymindautami intellectualcapitalcomponentsonfirmvalueevidencefromlq45indexcompanies |