Financial performance mediates the relationship of intellectual capital to firm value in Indonesian banking companies

Abstract

This study was conducted to seek the consistency of the results of previous studies on the influence of Intellectual Capital, with the mediation of financial performance, on the value of banking firms. The quantitative research method used the PLS-SEM analysis technique by using the Smart PLS 3 application. The research subjects were 45 banks listed on the IDX for the period 2015-2019. The sampling technique used was purposive sampling. The results showed the consistency of the financial performance of banking companies with ROE and ROA indicators as mediating variables between Intellectual Capital as the dependent variable on the value of conventional banking companies using PER indicator as an independent variable. The type of mediation formed in the PLS-SEM equation model is partial mediation.

Keywords: {'name': 'Intellectual Capital (VAIC), Financial Performance (ROA and ROE), Firm Value (PER)'}

Authors & affiliations

Sigit Hermawan
Affiliation not supplied

Nisfatur Rokhmania
Affiliation not supplied

Ruci Arizanda Rahayu
Affiliation not supplied

Iffah Qonitah
Affiliation not supplied

Ratna Nugraheni
Affiliation not supplied

Deposited references

Supplied references, not a list of publications citing this article.

DOI: 10.4324/9780080510712

DOI: 10.46557/001c.13622

DOI: 10.1177/014920639101700108

DOI: 10.46799/jsa.v2i5.233

DOI: 10.1108/ARA-01-2021-0008

Eric, N., Brewer, P. and Garrison, R. (2008) Managerial Accounting for Managers. New York: McGraw Hill.

Fahmi (2011) Analisis Laporan Akuntansi, Alfabeta. Bandung: Alfabeta.

Ghozali, I. (2014) Structural Equation Modeling, Metode Alternatif Dengan Partial Least Square (PLS). 4th edn. Semarang: Badan Penerbit Universitas Diponegoro.

DOI: 10.1016/B978-0-7506-7088-3.50004-8

Hanafi, M. and Halim, A. (2018) Analisis Laporan Keuangan. 5th edn. Yogyakarta: UPP STIM YKPN.

DOI: 10.3390/jrfm12020056

DOI: 10.24034/j25485024.y2013.v17.i2.164

Hermawan, S. (2019). Intellectual Capital, Financial Performance and Market Performance: Evidence From High IC Intensive Company in Indonesia. Jurnal Dinamika Akuntansi, 11(2), pp. 98–107. https://doi.org/10.15294/jda.v11i2.19385.

DOI: 10.2991/aebmr.k.210717.003

Hermawan, S. (2020) Monograf: Pengukuran Kinerja Keuangan Dan Peran Intellectual Capital. Sidoarjo: Indomedia Pustaka. Available at: http://eprints.umsida.ac.id/6681/.

Hermawan, S. and Amirrullah (2016) Metode Penelitian Bisnis Pendekatan Kuantitatif & Kualitatif. Malang: Media Nusa Kreatif.

Kashmir (2017) Analisis Laporan Keuangan. Jakarta: Rajawali Pers.

DOI: 10.24912/jmieb.v4i1.7497

DOI: 10.1108/14691931011064545

DOI: 10.1155/2021/3425725

MERITUM (2002) Guidelines for Managing and Reporting on Intangibles (Intellectual Capital Statements). Madrid: Fundación Airtel Móvil.

DOI: 10.18510/hssr.2020.8222

DOI: 10.37600/ekbi.v4i1.255

Mumtazah, F. and Purwanto, A. (2020). Analisis Pengaruh Kinerja Keuangan Dan Pengungkapan Lingkungan Terhadap Nilai Perusahaan. Diponegoro Journal of Accounting, 9(2).

DOI: 10.24912/jka.v1i2.15089

DOI: 10.9770/jesi.2018.6.1(10)

DOI: 10.19044/esj.2018.v14n1p29

Nhon, H. T., Thong, B. Q. and Phuong, N. Van (2018). The impact of intellectual capital dimensions on Vietnamese information communication technology firm performance: A mediation analysis of human and social capital. Academy of Strategic Management Journal, 17(1), pp. 1–15.

DOI: 10.1017/CBO9780511753695.002

Purnama, S. A. and Rikumahu, B. (2020). Analisis Faktor Yang Mempengaruhi Harga Saham Menggunakan Metode Principal Component Analysis (Studi pada Sub Sektor Perbankan Saham LQ45 yang terdaftar di Bursa Efek Indonesia Periode 2015 - 2019). in e-Proceeding of Management, p. 5240.

DOI: 10.31258/jc.2.2.259-277

DOI: 10.35899/biej.v3i1.181

DOI: 10.1108/IJPPM-03-2019-0119

DOI: 10.1108/14691930310472839

Ringle, C. M., Wende, S. and Becker, J.-M. (2015) SmartPLS 3. SmartPLS GmbH. Available at: http://www.smartpls.com.

Ross, S. et al. (2019) Corporate Finance. 1259918947th edn. New York: McGraw Hill. Available at: https://www.mheducation.com/highered/product/corporate-finance-ross-westerfield/M9781259918940.html.

DOI: 10.54144/jadbis.v8i4.3799

DOI: 10.1108/JIC-11-2017-0156

DOI: 10.1108/JIC-09-2019-0225

DOI: 10.1257/00028280260136200

DOI: 10.1017/CBO9780511754357.004

DOI: 10.5296/ajfa.v6i2.5246

DOI: 10.1080/09585192.2018.1511611

Widhiastuti, S. (2018). Pengaruh Intelijen Bisnis, Modal Intelektual dan Kinerja Perusahaan terhadap Nilai Perusahaan yang dimoderasi oleh Leverage. Penelitian Manajemen dan Kewirausahaan, 3(1), pp. 113–127.

DOI: 10.5897/AJBM2018.8725

DOI: 10.1108/14691930110399932

DOI: 10.7441/joc.2010.01.10

DOI: 10.3390/su10124651