PENGARUH KOMPONEN INTELLECTUAL CAPITAL TERHADAP KINERJA KEUANGAN PERUSAHAAN

Abstract

This research examined the effect of intellectual capital on the company’s financial performance. The component of intellectual capital was proxy by the VAIC model listed on the Value-Added Employed (VACA), Value-Added Human Capital (VAHU), and Structural Capital Value Added (STVA). Furthermore, the financial performance in this research was proxy with Economic Value Added (EVA). The research was quantitative. Meanwhile, the data collection technique used purposive sampling, i.e., a sample selection with determined criteria. In line with that, there were 45 Consumption Goods companies as a sample; that were listed on the Indonesia Stock Exchange (IDX). Moreover, the data were taken for 5 years during 2018-2022. In total, 225 data were analyzed. The data analysis technique used multiple linear regressions with the SPSS 26 version. The result showed that both Value Added Capital Employed and Structural Capital Value Added positively affected the company’s financial performance. However, Value Added Human Capital did not affect the company’s financial performance. In addition, the adjusted R square was 31% and the rest was 69% which was affected by other factors outside of the research.