PENGARUH INTELLECTUAL CAPITAL, STRUKTUR MODAL, UKURAN PERUSAHAAN TERHADAP KINERJA KEUANGAN PERUSAHAAN

Abstract

This research examines the effect of intellectual capital, capital structure, and firm size on financial performance. Intellectual capital was a proxy with value added intellectual coefficient (VAIC), capital structure was a proxy with Debt Equity Ratio (DER), firm size was a proxy with Logarithm Natural (Ln), and financial performance was a proxy with Return On Asset (ROA). The research applies quantitively. Furthermore, the population comprises food and beverage companies listed on Indonesia Stock Exchange from 2020 to 2022. The data collection technique used purposive sampling. In line with that, there were 29 companies in the sample. Moreover, the data were observed for 3 years. With 87 data samples in total. However, there were 7 data outliers, therefore 80 data were analyzed. Additionally the data analysis technique used multiple linier regression with SPSS. The result indicates that intellectual capital has a positive effect on financial performance. However, capital structure has a negative effect on a financial performance. in contrast, firm size does not affect financial performance.