The Intellectual Capital’s Effect on Financial Performance at Indonesian Stock Exchange (IDX)

DOI

10.2991/aebmr.k.211115.016How to use a DOI?

Keywords

Human Capital Efficiency (HCE); Structural Capital Efficiency (SCE); Capital Employed Efficiency (CEE); Return on Assets; Return on Equity; Partial Least Square (PLS)

Abstract

This study aims to determine the effect of intellectual capital on the financial performance of companies listed on the Indonesia Stock Exchange (IDX) in 2014-2018. The concept of intellectual capital measurement is carried out using the VAIC method with three types of indicators that measure the added value of intellectual capital efficiency, namely human capital efficiency (HCE), structural capital efficiency (SCE), and capital efficiency used (CEE). Return on assets (ROA) and return on equity (ROE) are used to measure the company’s financial performance. The sampling technique used purposive sampling and data analysis was performed using Partial Least Squares (PLS). The results showed that HCE did not have a significant positive effect on ROA and ROE, but there was a positive and significant effect of SCE and CEE on ROA and ROE.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Trisetia Wijijayanti
AU  - Nining Try Astuti
AU  - Subagyo
PY  - 2021
DA  - 2021/11/23
TI  - The Intellectual Capital’s Effect on Financial Performance at Indonesian Stock Exchange (IDX)
BT  - Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference (BISTIC 2021)
PB  - Atlantis Press
SP  - 116
EP  - 123
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.211115.016
DO  - 10.2991/aebmr.k.211115.016
ID  - Wijijayanti2021
ER  -