Intellectual Capital, Profitabilitas, Ukuran Perusahaan Dan Nilai Perusahaan
Abstract
Increasing the value of the company is one of the goals of the company because by increasing the value of the company, the prosperity of shareholders will also increase. The research aims to obtain empirical data regarding the influence of intellectual capital, profitability and company size on firm value. The research was carried out at companies in the food and beverage sector that were listed on the Indonesia Stock Exchange in 2018-2020. A total of 17 companies were sampled using the nonprobability sampling method through a purposive sampling technique, resulting in 51 companies being sampled for 3 years. Multiple linear regression analysis was used as a data analysis technique. The output analysis reveals that profitability has a significant positive effect on firm value, but intellectual capital and firm size have a significant negative effect on firm value. Research provides implications in the form of considerations for investors when making decisions. This can be seen through research variables that can be used as corporate strategy and provide benefits to stakeholders.
Keywords: Intellectual Capital; Profitability; Company Size; The Value of the Company
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References
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Yovita, M., & Amrania, G. K. P. (2018). The Influence of Intellectual Capital to Market Value with Return on Assets as Intervening Variable. Journal of Accounting Auditing and Business, 1(2), 7. https://doi.org/10.24198/jaab.v1i2.18267
Yulinda, N., Nasir, A., & Savitri, E. (2020). Pengaruh Pengungkapan Manajemen Risiko Perusahaan dan Modal Intelektualterhadap Nilai Perusahaan. Jurnal Ilmiah Akuntansi, 4(1), 102–114.
Aprilyani, I., Widyarti, M. T. H., & Hamida, N. (2021). the Effect of Erm, Firm Size, Leverage, Profitability and Dividend Policy on Firm Value (Evidence From Food & Beverage Sub Sector Companies Listed in Idx 2015-2019). Jurnal Aktual Akuntansi Keuangan Bisnis Terapan (AKUNBISNIS), 4(1), 65–75. https://jurnal.polines.ac.id/index.php/akunbisnis/article/view/2663
Cahyani, G. A. P., & Wirawati, N. G. P. (2019). Pengaruh Likuiditas, Kebijakan Dividen, Profitabilitas, dan Ukuran Perusahaan pada Nilai Perusahaan. E-Jurnal Akuntansi Universitas Udayana, 27, 1263–1289.
Chandra, H., & Djajadikerta, H. (2018). Pengaruh Intellectual Capital, Profitabilitas, Dan Leverage Terhadap Nilai Perusahaan Pada Perusahaan Sektor Properti, Real Estate, Dan Konstruksi Bangunan Yang Terdaftar Di Bursa Efek Indonesia. Jurnal ULTIMA Accounting, 9(2), 1–14. https://doi.org/10.31937/akuntansi.v9i2.726
Ghozali, I. (2018). Aplikasi Analisis Multivariate dengan Program IBM SPSS 25. In Badan Penerbit Universitas Diponegoro. Semarang.
Lukman, H., & Tanuwijaya, H. (2021). The Effect of Financial Performance and Intellectual Capital on Firm Value with CSR as a Mediating Variable in Banking Industry. Proceedings of the Ninth International Conference on Entrepreneurship and Business Management (ICEBM 2020), 174(Icebm 2020), 353–359. https://doi.org/10.2991/aebmr.k.210507.054
Nur Aulia, A., Indah Mustikawati, R., & Hariyanto, S. (2020). Profitabilitas, Ukuran Perusahaan Dan Intellectual Capital Terhadap Nilai Perusahaan. Jurnal Riset Mahasiswa Manajemen, 6(1), 1–7. https://doi.org/10.21067/jrmm.v6i1.4463
Oktaviarni, F. (2019). Pengaruh Profitabilitas, Likuiditas, Leverage, Kebijakan Dividen, Dan Ukuran Perusahaan Terhadap Nilai Perusahaan. Jurnal Akuntansi, 9(1), 1–16. https://doi.org/10.33369/j.akuntansi.9.1.1-16
Prasetya Margono, F., & Gantino, R. (2021). Influence of Firm Size, Leverage, Profitability, and Dividend Policy on Firm Value of Companies in Indonesia Stock Exchange. Copernican Journal of Finance & Accounting, 10(2), 45–61. https://doi.org/10.12775/cjfa.2021.007
Purwohandoko. (2017). The Influence of Firm’s Size, Growth, and Profitability on Firm Value with Capital Structure as the Mediator: A Study on the Agricultural Firms Listed in the Indonesian Stock Exchange. International Journal of Economics and Finance, 9(8), 103. https://doi.org/10.5539/ijef.v9n8p103
Putri, Agustin, H., & Helmayunita, N. (2019). Pengaruh Intellectual Capital Terhadap Nilai Perusahaan Dengan Financial Distress Sebagai Variabel Intervening. Jurnal Eksplorasi Akuntansi, 1(3), 1541–1555. https://doi.org/10.25105/jipak.v15i2.6263
Putri, & Widyawati. (2019). Pengaruh Intellectual Capital, Leverage, Profitabilitas, Dan Likuiditas Terhadap Nilai Perusahaan. Jurnal Ilmu Dan Riset Akuntansi, 8(1), 259–277. https://doi.org/10.31258/jc.2.2.259-277
Salvi, A., Vitolla, F., Giakoumelou, A., Raimo, N., & Rubino, M. (2020). Intellectual capital disclosure in integrated reports: The effect on firm value. Technological Forecasting and Social Change, 160(June). https://doi.org/10.1016/j.techfore.2020.120228
Setiany, E., Syamsudin, S., Sundawini, A., & Putra, Y. M. (2020). Ownership Structure and Firm Value : The Mediating Effect of Intellectual Capital. International Journal of Innovation, Creativity and Change, 13(10), 1697–1711.
Sugiyono. (2019). Metode Penelitian Kuantitatif, Kualitatif, dan R&D. In Bandung: Alfabeta.
Wergiyanto, Y., & Wahyuni, N. I. (2016). Pengaruh Intellectual Capital Terhadap Nilai Perusahaan dengan Strategi Bersaing Sebagai Pemoderasi. SRA Economic & Business Article, 1–5.
Widiastari, P. A., & Yasa, G. W. (2018). Pengaruh Profitabilitas, Free Cash Flow, dan Ukuran Perusahaan Pada Nilai Perusahaan. E-Jurnal Akuntansi, 23, 957. https://doi.org/10.24843/eja.2018.v23.i02.p06
Yanti, & Darmayanti. (2019). Pengaruh Profitabilitas, Ukuran Perusahaan, Struktur Modal, Dan Likuiditas Terhadap Nilai Perusahaan Makanan Dan Minuman. E-Jurnal Manajemen Universitas Udayana, 8(4), 2297. https://doi.org/10.24843/ejmunud.2019.v08.i04.p15
Yanti, N., & Begawati, N. (2019). the Effect of Firm Size and Leverage on Value of the Firm (Empirical Study on Bumn Listed in Indonesian Stock Exchange 2012 - 2017). International Conference on Global Education VIII, 1–2.
Yovita, M., & Amrania, G. K. P. (2018). The Influence of Intellectual Capital to Market Value with Return on Assets as Intervening Variable. Journal of Accounting Auditing and Business, 1(2), 7. https://doi.org/10.24198/jaab.v1i2.18267
Yulinda, N., Nasir, A., & Savitri, E. (2020). Pengaruh Pengungkapan Manajemen Risiko Perusahaan dan Modal Intelektualterhadap Nilai Perusahaan. Jurnal Ilmiah Akuntansi, 4(1), 102–114.
Published
2022-11-26
How to Cite
ARYANTI, Ni Putu Intan; MERTHA, Made.
Intellectual Capital, Profitabilitas, Ukuran Perusahaan Dan Nilai Perusahaan.
E-Jurnal Akuntansi, [S.l.], v. 32, n. 11, p. 3348-3359, nov. 2022.
ISSN 2302-8556.
Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/87031>. Date accessed: 28 apr. 2024.
doi: https://doi.org/10.24843/EJA.2022.v32.i11.p11.
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