The Effect Of Intellectual Capital On Firm’s Financial Performance

  • Meiryani, Olivia, Dezie Leonarda Warganegara, Pariang Siagian

Abstract

The purpose of this study is to determine the effect of intellectual capital on firm’s financial performance that is conducted on 55 manufacturing sector listed companies in Indonesia Stock Exchange period year 2014-2018. The data analysis is conducted using Microsoft Excel and R Studio software. Study is used data panel analysis with random effect model. Intellectual capital proxied by intellectual capital efficiency and capital employed efficiency. The result of this study are: (1) Intellectual capital efficiency significantly positive effect and debt-to-equity-ratio significantly negative effect only on return on asset. (2) Capital employed efficiency significantly positive effect on firm’s financial performance. Meanwhile, this research found that firm’s size affects significantly on firm’s financial performance.

Published
2020-05-25