INTELLECTUAL CAPITAL DAN KINERJA KEUANGAN PERUSAHAAN INFRASTRUKTUR, UTILITAS, DAN TRANSPORTASI YANG TERDAFTAR DI BURSA EFEK INDONESIA indonesia

Abstrak

This research was conducted to examine the effect of intellectual
capital on the company’s financial performance. The independent variable
in this study is VAIC that developed by Pulic is used as a measure of intellectual
capital, while the dependent variable of this study is financial performance
which is proxied by return on assets, return on equity, and asset
turnover. The sample of this study is the infrastructure, utilities and transportation
company listed on the Indonesia Stock Exchange (IDX) with the
research period of 2014–2017. Data collection use purposive sampling
method. The number of sample used in this study is 51 companies each
year. This study uses multiple linear regression for data analysis. The results
of this study indicate that VAIC as a measure of Intellectual capital has a
significant positive effect on return on assets, return on equity, and asset
turnover. Overall, the results of this study indicate that contributing the
most to the creation of added value and competitive advantage of the company.