The Components of Intellectual Capital and Firm Performance: An Investigation of Indonesian Banking Companies
DOI:
https://doi.org/10.21009/ISC-BEAM.011.55Keywords:
capital employed, firm performance, human capital, intellectual capital, structural capitalAbstract
This paper investigates whether intellectual capital components (capital employed, human capital, structural capital) have meaningful information on firm performance. 39 listed Indonesian banking companies make up the full sample, which was chosen between 2017 and 2021 based on a number of factors. This study is quantitative, employing panel data regression as the research model and E-Views as the testing tool. Additionally, we discovered a strong detrimental impact of VACA on firm performance as well as a big favorable impact of VAHU. However, we were unable to demonstrate the impact of STVA on firm performance in our study. Based on our research, we advise managers to enhance their management of the company's financial resources and its people resources, both of which will benefit the business in the long run.
References
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Raphaela, T., & Mulia, W. T. (2022). Pengaruh Modal Intelektual terhadap Kinerja Perusahaan. Jurnal Ilmiah Mahasiswa Akuntansi, 11(1), 13-24. doi:10.33508/jima.v11i1.3909
Saragih, A. E. (2017, Maret). Pengaruh Intellectual Capital (Human Capital, Structural Capital dan Customer Capital) terhadap Kinerja Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia. JRAK, 3(1), 1-24.
Silalahi, E. M. (2021). Buku Referensi Intellectual Capital Improve Your Employee Productivity and Performance.Yogyakarta: Deepublish.Siregar, H., & Fajrillah. (2020, Juni). Pengaruh Intellectual Capital terhadap Kinerja Keuangan Perusahaan Di Indonesia. Literasi Jurnal Bisnis dan Ekonom, 2(1), 167-173.
Surjandari, D. A., & Minanari, M. (2019, September). The Effect of Intellectual Capital, Firm Size and Capital Structure on Firm Performance, Evidence from Property Companies in Indonesia. Jurnal Dinamika Akuntansi, 11(2), 108-121. doi:https://doi.org/10.15294/jda.v11i2.20270
Syofyan, S. (2003, April). Keputusan "Go Public" Hubungan dengan Kinerja Bank-Bank Swasta di Indonesia. Media Riset Bisnis dan Manajemen, 3(1), 75-97.
Todingbua, M. A. (2022). Merebut Peluang Melalui Intellectual Capital.Yogyakarta: Nas Media Pustaka.
Usiu, H. (2022). The Role of Intellectual Capital in Financial Development, Evidence from the Banking Sector of Turkey. Competitiveness Review, 32(2), 230-249. doi:https://doi.org/10.1108/CR-06-2020-0084
Buallay, A. M. (2017). The Relationship Between Intellectual Capital and Firm Performance. Corporate Governance and Organizational Behavior Review, 1(1), 32-41. doi:https://doi.org/10.22495/cgobr_v1_i1_p4
Crisnandani, N., Rahmawati, I. Y., Tubastuvi, N., & Haryanto, T. (2021). The Effect of Intellectual Capital and Good Corporate Governance on Financial Performance in Banking Sector Registered in Indonesia Stock Exchange with Competitive Advantage as Intervening Variables for 2016-2019. International Journal of Economics, Bussiness and Accounting Research (IJEBAR), 5(2), 412-424.
Dekrita, Y. A. (2021). Kinerja Keuangan Rumah Sakit Badan Layanan umum Daerah.Pekalongan: PT. Nasya Expanding Management.
Devi, B. E., Khairunnisa, & Budiono, E. (2017, January). The Influence of Intellectual Capital on The Company Financial Performance (Case Study on Company of Electronic, Automotive and Components Listed in Indonesian Stock Exchange (IDX) on Period 2011-2015). Jurnal Akuntansi, 3(2), 15-26.
Endri. (2018). Impact of Intellectual Capital and Efficiency to the Profitability of Islamic Banking. International Journal of Science and Research (IJSR), 7(7), 230-237. doi:10.21275/ART20183394
Gani, P. (2022, Januari). Pengaruh Intellectual Capital terhadap Kinerja Keuangan dan Nilai Perusahaan (Studi pada Perusahaan Makanan dan Minuman yang Terdaftar di BEI). Owner: Riset & Jurnal Akuntansi, 6(1), 518-529. doi:https://doi.org/10.33395/owner.v6i1.613
Harianja, H. (2015). Analisis Value Added sebagai Indikator Intellectual Capital terhadap Kinerja Perbankan di Indonesia. Jurnal Ekonomi dan Keuangan, 2(5), 1-17.
Hati, R. P., & Fansyuri, M. A. (2019, Desember). Intellectual Capital Influence on The Company's Financial Performance (Case study of Sub-sector Hotel companies listed on Indonesia Stock Exchange 2015-2018). Measurement Jurnal Akuntansi, 13(2), 93-101.
Heryustitriasputri, A., & Suzan, L. (2019, Desember). Analisis Intellectual Capital dengan Metode Pengukuran Value Added Intellectual Coefficient (VAIC™) terhadap Kinerja Keuangan. JASA ( Jurnal Akuntansi, Audit dan Sistem Informasi Akuntansi ), 3(3), 283-297.
Kurniawati, H., Rasyid, R., & Setiawan, F. A. (2020, April). Pengaruh Intellectual Capital dan Ukuran Perusahaan terhadap Kinerja Keuangan Perusahaan. Jurnal Muara Ilmu Ekonomi dan Bisnis, 4(1), 64-76.
Olivia, H., Athar, G. A., Nasution, T. A., & Hidayat, S. (2021, November). Kinerja Keuangan Perbankan Syariah: Tinjauan Dari Intellectual Capital Pada BNI Syariah. Ekonomi, Keuangan, Investasi dan Syariah (EKUITAS), 3(2), 97-103. doi:10.47065/ekuitas.v3i2.1068
Prasojo, & Hadinata, S. (2020). Intellectual Capital and Firm Performance: Empirical Evidence from the Jakarta Islamic Index. Journal of Accounting Auditing and Business, 3(2), 64-75.
Pratama, B. C., Wibowo, H., & Innayah, M. N. (2019). Intellectual Capital and Firm Performance in ASEAN: The Role of Eesearch and Development. Journal of Accounting and Investment, 20(3), 236-250.
Priatna, D. K., & Limakrisna, N. (2021). Buku Referensi Intellectual Capital Management Building Your Employee Passion and Happiness.Yogyakarta: Deepublish.
Putra, I. N., & Ratnadi, N. M. (2021). Intellectual Capital and Its Disclosure on Firm Value: Evidence of Indonesian Banking Industries. International Journal of Finance & Banking Studies, 10(1), 86-95. doi:https://doi.org/10.20525/ijfbs.v10i1.1108
Putri, A. S., & Miftah, D. (2021). Pengaruh Intellectual Capital, Leverage, Profitabilitas, dan Likuiditas terhadap Nilai Perusahaan. Jurnal Kajian Akuntansi dan Bisnis Terkini, 259-277.
Putri, C. S., & Nurfauziah. (2019, September). Pengaruh Intellectual Capital, Rate of Growth of Intellectual Capital dan Pengungkapannya terhadap Kinerja Keuangan Perusahaan. INOBIS: Jurnal Inovasi Bisnis dan Manajemen Indonesia, 2(4), 486-504.
Raphaela, T., & Mulia, W. T. (2022). Pengaruh Modal Intelektual terhadap Kinerja Perusahaan. Jurnal Ilmiah Mahasiswa Akuntansi, 11(1), 13-24. doi:10.33508/jima.v11i1.3909
Saragih, A. E. (2017, Maret). Pengaruh Intellectual Capital (Human Capital, Structural Capital dan Customer Capital) terhadap Kinerja Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia. JRAK, 3(1), 1-24.
Silalahi, E. M. (2021). Buku Referensi Intellectual Capital Improve Your Employee Productivity and Performance.Yogyakarta: Deepublish.Siregar, H., & Fajrillah. (2020, Juni). Pengaruh Intellectual Capital terhadap Kinerja Keuangan Perusahaan Di Indonesia. Literasi Jurnal Bisnis dan Ekonom, 2(1), 167-173.
Surjandari, D. A., & Minanari, M. (2019, September). The Effect of Intellectual Capital, Firm Size and Capital Structure on Firm Performance, Evidence from Property Companies in Indonesia. Jurnal Dinamika Akuntansi, 11(2), 108-121. doi:https://doi.org/10.15294/jda.v11i2.20270
Syofyan, S. (2003, April). Keputusan "Go Public" Hubungan dengan Kinerja Bank-Bank Swasta di Indonesia. Media Riset Bisnis dan Manajemen, 3(1), 75-97.
Todingbua, M. A. (2022). Merebut Peluang Melalui Intellectual Capital.Yogyakarta: Nas Media Pustaka.
Usiu, H. (2022). The Role of Intellectual Capital in Financial Development, Evidence from the Banking Sector of Turkey. Competitiveness Review, 32(2), 230-249. doi:https://doi.org/10.1108/CR-06-2020-0084
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Published
2024-02-23
How to Cite
Manurung, A. D. P., Isfenti Sadalia, & Syahyunan. (2024). The Components of Intellectual Capital and Firm Performance: An Investigation of Indonesian Banking Companies. International Student Conference on Business, Education, Economics, Accounting, and Management (ISC-BEAM), 1(1), 778–789. https://doi.org/10.21009/ISC-BEAM.011.55
