PENGARUH MODAL INTELEKTUAL TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN SEKTOR KEUANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Edit
ABSTRACT: This study investigates the influences of firm’s intellectual capital and their major components of a firm’s resource base (physical capital, human capital and structural capital) to three traditional dimensions of financial company’s performance: operating profit ma-gin, earning per share, and return on equity. This study uses the Pulic’s framework. Data are drawn from 73 financial sectors companies listed on Indonesia Stock Exchange for the period of 2005 to 2009. This study uses simple linear regression for data analysis. The results show that intellectual capital influences positively to operating profit margin and return on equity; value added physical capital influences positively to operating profit margin, earning per share, and return on equity; value added human capital influences positively to operating profit margin and return on equity; value added structural capital influences positively to operating profit margin, earning per share, and return on equity; value added physical capital influences positively to the future operating profit margin, earning per share, and return on equity; value added human capital influences positively to the future operating profit margin and return on equity; value added structural capital influences positively to the future operating profit margin, earning per share, and return on equity; intellectual capital influences positively to the future operating profit margin and return on equity; and the rate of growth of a company’s intellectual capital influences positively to the future earning per share. The results help to encourage stakeholders to better harness and manage intellectual capital.
Keywords: intellectual capital, value added intellectual coefficient, financial performance, company performance,  financial sector
Penulis: Jeffy Wiradinata
Kode Jurnal: jpmanajemendd110178
Pesan jurnal yang anda butuhkan disini.... >>> KLIK DISINI <<<
Atau download gratis di bawah ini:

Artikel Terkait :

Jp Manajemen dd 2011