PENGARUH INTELLECTUAL CAPITAL, PROFITABILITAS DAN PERTUMBUHAN PENJUALAN TERHADAP NILAI PERUSAHAAN SUBSEKTOR PERKEBUNAN DI BEI

Abstract

The research aimed to examine the effect of intellectual capital, profitability, and sales growth on the firm value of Plantation companies on the Indonesia Stock Exchange (IDX) during 2017-2021. Moreover, the data were secondary in a form of the companies’ financial statements. The population was Plantation companies on the Indonesia Stock Exchange (IDX) during 20172021. Furthermore, the data collection technique used purposive sampling i.e., a sample selection with determined criteria. In line with that, there were 8 companies as the sample. Additionally, the data analysis technique used multiple linear regression with SPSS (Statistical Product and Service Solution) 26 version. The research result showed that intellectual capital had a positive and significant effect on the firm value of Plantation companies listed on the Indonesia Stock Exchange. Likewise, profitability had a positive and significant effect on the firm value of Plantation companies listed on the Indonesia Stock Exchange. On the other hand, sales growth had a negative and significant effect on the firm value of Plantation companies listed on the Indonesia Stock Exchange.