PENGARUH INTELLECTUAL CAPITAL DAN FIRM SIZE TERHADAP NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI PEMODERASI

Abstract

This research aimed to examine the effect of intellectual capital and firm size on the firm value with profitability
as the moderate in the manufacturing company sector listed on the Indonesia Stock Exchange (IDX) in the 2018-
2020 period. This research used quantitative and the research data used secondary data through a financial
statement. Furthermore, the sample collection technique used purposive sampling, it obtained 79 companies with
237 total of observation data. The research variable used Value Added Intellectual Coefficient (VAICTM), firm size
measured by SIZE, profitability measured by Return on Assets (ROA), and the firm value measured by Price to
Book Value (PBV). Moreover, the analysis method Moderated Regression Analysis. This research was processed
by application of the Statistical Package for Social Sciences (SPSS). The research result showed that: 1) Intellectual
capital had effect on the firm value. 2) Firm size had effect on the firm value. 3) Profitability was able moderated
had intellectual capital on the firm value. 4) Profitability was able to moderated the effect of firm size on the firm
value.