PENGARUH ENTERPRISE RISK MANAGEMENT DISCLOSURE DAN INTELLECTUAL CAPITAL DISCLOSURE PADA NILAI PERUSAHAAN

Abstract

This study aims to examine the effect of corporate risk management disclosure and intellectual capital disclosure
on the value of 2016-2019 LQ-45 companies listed on the IDX. Firm value is measured by Tobin's Q, while
corporate risk management disclosure is measured by the ERMD Index and intellectual capital disclosure is
measured by the ICD Index. The population in this study is the LQ45 company in 2016-2019. The sampling
technique used was purposive sampling and 33 companies were obtained as research samples. The data analysis
method used is multiple linear regression analysis with SPSS program. Based on the results of data analysis, it
shows that the disclosure of corporate risk management and disclosure of intellectual capital has a significant
positive effect on the value of the 2016-2019 LQ-45 companies listed on the IDX. The higher Intellectual Capital
Disclosure value in the LQ-45 company for the 2016-2019 period indicates a high level of Intellectual Capital
Disclosure because the company provides a lot of information about the intellectual property and intellectual
performance of the company, so that information can be used by stakeholders to consider stock investment
decisions. The better and the more reported, it will make the value of the company increase.