PENGARUH INTELLECTUAL CAPITAL TERHADAP KINERJA KEUANGAN DENGAN COMPETITIVE ADVANTAGE SEBAGAI VARIABEL MODERATING

Abstract

This Research aimed to analyze the effect of intellectual capital on finance performance of consumer goods with competitive advantage as a moderating variable. While, intellectual capital consisted of three components namely customer capital, structural capital and human capital. The research was quantitative. Moreover, the population was Consumer Goods manufacturing companies, which were listed on Indonesia Stock Exchange during 2015-2019. Furthermore, the data collection technique used purposive sampling, in wich the sample was based on criteria given. In line with, there were 39 Consumer Goods manufacturing companies during 5 years, as the sample. Therefore, the total sampel was 195 observation data. Additionally, the data were in the form of annual financial statements. In addition, the data analysis technique used multiple linear regression and moderation regression with SPSS 20. The research result concluded intellectual capital did not affect on finance performance. On the other hand, competitive advantage had a positive and significant effect on finance performance. Meanwhile, competitive advantage was able to intervene in the relationship between intellectual capital on finance performance.
Keywords: intellectual capital, finance performance, competitive advantage