Corporate Governance Mechanism on Intellectual Capital Disclosure and Firm Value

DOI

10.2991/aebmr.k.210311.080How to use a DOI?

Keywords

corporate governance mechanisms, intellectual capital disclosure, firm value, path analysis

Abstract

This study examined the effect of corporate governance mechanisms on intellectual capital disclosure and firm value. The corporate governance mechanism was proxied by the independent commissioner, audit committee, institutional ownership and managerial ownership variables. The population in this study is all manufacturing companies listed on the IDX in 2016-2018. The sample selection was carried out using purposive sampling method. The test results using path analysis show that in Model 1, the audit committee and managerial ownership have a positive effect on intellectual capital disclosure, while independent commissioners and institutional ownership have no effect on capital disclosure intellectual. The test results in Model 2 show that independent commissioners, audit committee, and intellectual capital have a positive effect on firm value, while independent commissioners and institutional ownership have no effect on firm value. The test results also show that intellectual capital disclosure mediates the effect of the audit committee on firm value. As expected, size and profitability as control variables show a positive effect on disclosure of intellectual capital and firm value.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Maria Goreti Kentris Indarti
AU  - Taswan Taswan
AU  - Batara Daniel Bagana
AU  - Afifatul Janah
PY  - 2021
DA  - 2021/03/13
TI  - Corporate Governance Mechanism on Intellectual Capital Disclosure and Firm Value
BT  - Proceedings of the 3rd International Conference on Banking, Accounting, Management and Economics (ICOBAME 2020)
PB  - Atlantis Press
SP  - 400
EP  - 404
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210311.080
DO  - 10.2991/aebmr.k.210311.080
ID  - Indarti2021
ER  -