Peran intellectual capital terhadap market to book value dan return on assets dengan research and development sebagai pemoderasi

This study aims to support the role of Research and Development on Intellectual Capital on market value (MtBV) and corporate financial performance (ROA). Using the Pulic model - Intellectual Value Coefficient (VAIC), this study examines the relationship between value added (VAIC) of the three main...

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Main Authors: Pandu Alvi Baskoro, H. Suratno, Syahril Djaddang
Format: Article
Language:English
Published: Research Center and Community Services 2020-04-01
Series:Journal of Business & Banking
Online Access:https://journal.perbanas.ac.id/index.php/jbb/article/view/2049
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author Pandu Alvi Baskoro
H. Suratno
Syahril Djaddang
author_facet Pandu Alvi Baskoro
H. Suratno
Syahril Djaddang
author_sort Pandu Alvi Baskoro
collection DOAJ
description This study aims to support the role of Research and Development on Intellectual Capital on market value (MtBV) and corporate financial performance (ROA). Using the Pulic model - Intellectual Value Coefficient (VAIC), this study examines the relationship between value added (VAIC) of the three main corporate resources (ie Physical Capital, Human Capital and Structural Capital), the company's market value (MtBV) and corporate finance ( ROA), and also Research and Development (R&D). The data is gathered from 43 selected banking companies listed on the Indonesia Stock Exchange in 2013-2017. Data analysis uses multiple regression. The results show that Intellectual Capital (VAIC) does not affect to market value (MtBV), but the compilation of Intellectual Capital (VAIC) developed by Research and Development (R&D) as full moderation can support market value. Intellectual Capital (VAIC) affects financial performance (ROA), as well as Intellectual Capital (VAIC) supported by Research and Development (R & D) as a quasi-moderation which also strengthening the financial performance (ROA).Keyword : Intellectual Capital (IC), Market to Book Value (MtBV), Financial Performance (ROA), Research and Development (R&D).
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2303-3460
language English
publishDate 2020-04-01
publisher Research Center and Community Services
record_format Article
series Journal of Business & Banking
spelling doaj-art-b3c172f8a40b49388b68513bf7c18dc62025-08-20T02:18:57ZengResearch Center and Community ServicesJournal of Business & Banking2088-78412303-34602020-04-019229730810.14414/jbb.v9i2.2049Peran intellectual capital terhadap market to book value dan return on assets dengan research and development sebagai pemoderasiPandu Alvi Baskoro0H. SuratnoSyahril DjaddangUNIVERSITAS PANCASILA JAKARTAThis study aims to support the role of Research and Development on Intellectual Capital on market value (MtBV) and corporate financial performance (ROA). Using the Pulic model - Intellectual Value Coefficient (VAIC), this study examines the relationship between value added (VAIC) of the three main corporate resources (ie Physical Capital, Human Capital and Structural Capital), the company's market value (MtBV) and corporate finance ( ROA), and also Research and Development (R&D). The data is gathered from 43 selected banking companies listed on the Indonesia Stock Exchange in 2013-2017. Data analysis uses multiple regression. The results show that Intellectual Capital (VAIC) does not affect to market value (MtBV), but the compilation of Intellectual Capital (VAIC) developed by Research and Development (R&D) as full moderation can support market value. Intellectual Capital (VAIC) affects financial performance (ROA), as well as Intellectual Capital (VAIC) supported by Research and Development (R & D) as a quasi-moderation which also strengthening the financial performance (ROA).Keyword : Intellectual Capital (IC), Market to Book Value (MtBV), Financial Performance (ROA), Research and Development (R&D).https://journal.perbanas.ac.id/index.php/jbb/article/view/2049
spellingShingle Pandu Alvi Baskoro
H. Suratno
Syahril Djaddang
Peran intellectual capital terhadap market to book value dan return on assets dengan research and development sebagai pemoderasi
Journal of Business & Banking
title Peran intellectual capital terhadap market to book value dan return on assets dengan research and development sebagai pemoderasi
title_full Peran intellectual capital terhadap market to book value dan return on assets dengan research and development sebagai pemoderasi
title_fullStr Peran intellectual capital terhadap market to book value dan return on assets dengan research and development sebagai pemoderasi
title_full_unstemmed Peran intellectual capital terhadap market to book value dan return on assets dengan research and development sebagai pemoderasi
title_short Peran intellectual capital terhadap market to book value dan return on assets dengan research and development sebagai pemoderasi
title_sort peran intellectual capital terhadap market to book value dan return on assets dengan research and development sebagai pemoderasi
url https://journal.perbanas.ac.id/index.php/jbb/article/view/2049
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AT hsuratno peranintellectualcapitalterhadapmarkettobookvaluedanreturnonassetsdenganresearchanddevelopmentsebagaipemoderasi
AT syahrildjaddang peranintellectualcapitalterhadapmarkettobookvaluedanreturnonassetsdenganresearchanddevelopmentsebagaipemoderasi