INTELLECTUAL CAPITAL ON COMPANY PERFORMANCE USING ECONOMIC VALUE ADDED (EVA) METHOD MODERATED BY FIRM SIZE
Universitas Kristen Indonesia Maluku
Universitas Hasanuddin Makassar
Universitas Hasanuddin Makassar
DOI:
https://doi.org/10.56943/jssh.v1i2.84The company's performance describes various parts of the entire company from financial side to the level of output until the market rate of return. This research aims to examine human capital, capital structure, capital employed on the performance of service companies as measured by using economic value added (EVA). This research used associative research, which has an aim to determine the relationship or influence two or more variables. Quantitative methods are used to examine certain populations or samples, collecting data using research instruments, analyze quantitative or statistical data, within the aim of testing the established hypotheses. Based on the test results, it is proven that the first, second, fifth and sixth hypotheses are not supported by moderating variables. While the third and fourth variables are supported by moderating variables. Based on the results of research and hypothesis testing, it can be concluded that human capital, capital structure has no influence on financial performance as measured by EVA. Moreover, capital employed has an influence on EVA.
Keywords: Capital Structure Economic Value Added Intellectual Capital
Chandra, B., & Agnes, A. (2021). Pengaruh intellectual capital terhadap kinerja perusahaan pada perusahaan di Indonesia. AKUNTABEL: Jurnal Akuntansi Dan Keuangan, 18(3). https://doi.org/http://dx.doi.org/10.29264/jakt.v18i3.10080
Claudia, A., & Yuyetta, E. N. A. (2016). Pengaruh intellectual capital terhadap nilai pasar dan kinerja keuangan perusahaan. Diponegoro Journal of Accounting, 5(2).
Cricelli, L., Greco, M., & Grimaldi, M. (2013). The assessment of the intellectual capital impact on the value creation process: A decision support framework for top management. International Journal of Management and Decision Making, 12(2), 146. https://doi.org/10.1504/IJMDM.2013.054460
Faisal, A., Junus, A., & Darmawati, D. (2021). Market response to disclosure of corporate social responsibility (CSR) during the Covid-19 pandemic. International Journal of Scientific and Management Research, 04(07), 157–169. https://doi.org/10.37502/IJSMR.2021.4714
Hamdani, N. A., & Maulani, G. A. F. (2018). The influence of E-WOM on purchase intentions in the local culinary business sector. International Journal of Engineering and Technology (UAE). https://doi.org/10.14419/ijet.v7i2.29.13325
Hari Yudhanti, C. B., & C. Shanti, J. (2012). Intellectual capital dan ukuran fundamental kinerja keuangan perusahaan. Jurnal Akuntansi Dan Keuangan, 13(2). https://doi.org/10.9744/jak.13.2.57-66
Hejazi, R., Ghanbari, M., & Alipour, M. (2016). Intellectual, human and structural capital effects on firm performance as measured by Tobin’s Q. Knowledge and Process Management, 23(4), 259–273. https://doi.org/10.1002/kpm.1529
Islamadinna, A., Sujarwo, S., & Mirati, E. (2021). Pengaruh modal intelektual terhadap profitabilitas bank BUMN periode 2015–2019. Account, 8(1). https://doi.org/10.32722/acc.v8i1.3875
Kurniawati, H., Rasyid, R., & Setiawan, F. A. (2020). Pengaruh intellectual capital dan ukuran perusahaan terhadap kinerja keuangan perusahaan. Jurnal Muara Ilmu Ekonomi Dan Bisnis, 4(1), 64. https://doi.org/10.24912/jmieb.v4i1.7497
Maharani, N. B., & Faisal, F. (2019). Intellectual capital and financial performance of the company. Jurnal Reviu Akuntansi Dan Keuangan, 9(1), 13. https://doi.org/10.22219/jrak.v9i1.8220
Maula, R. N., Tarmedi, E., & Tanuatmodjo, H. (2019). Pengaruh modal intelektual (intellectual capital) dan tanggung jawab sosial perusahaan terhadap nilai perusahaan. Journal of Business Management Education (JBME), 4(2), 49–58. https://doi.org/10.17509/jbme.v4i2.17319
Nadeem, M., Gan, C., & Nguyen, C. (2018). The importance of intellectual capital for firm performance: Evidence from Australia. Australian Accounting Review, 28(3), 334–344. https://doi.org/10.1111/auar.12184
Nazir, M. I., Tan, Y., & Nazir, M. R. (2021). Intellectual capital performance in the financial sector: Evidence from China, Hong Kong, and Taiwan. International Journal of Finance & Economics, 26(4), 6089–6109. https://doi.org/10.1002/ijfe.2110
Pratama, I. G. B. A., & Wiksuana, I. G. B. (2016). Pengaruh ukuran perusahaan dan leverage terhadap nilai perusahaan dengan profitabilitas sebagai variabel mediasi. E-Jurnal Manajemen Unud, 5(2), 1338–1367.
Purnomo, L. I. (2018). Pengaruh intellectual capital terhadap profitabilitas pada perusahaan industri jasa sektor properti dan real estate di Bursa Efek Indonesia tahun 2011–2015. Jurnal Akuntansi Berkelanjutan Indonesia, 1(1), 83. https://doi.org/10.32493/JABI.v1i1.y2018.p83-107
Puspita, G., & Wahyudi, T. (2021). Modal intelektual (intellectual capital) dan nilai perusahaan pada industri manufaktur. Owner, 5(2), 295–306. https://doi.org/10.33395/owner.v5i2.471
Saragih, A. E. (2019). Pengaruh intellectual capital (human capital, structural capital dan customer capital) terhadap kinerja perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia. Jurnal Riset Akuntansi & Keuangan, 1–24. https://doi.org/10.54367/jrak.v3i1.438
Setiawan, R., & Prawira, B. Y. (2018). Intellectual capital and the performance of manufacturing companies in Indonesia. JMM UNRAM - Master of Management Journal, 7(3), 13–28. https://doi.org/10.29303/jmm.v7i3.312
Tjiptohadi, S., & Agustine, K. P. (2003). Literatur intellectual capital. Jurnal Ekonomi Akuntansi Fakultas Ekonomi, 5(1), 35–57.
Tseng, C.-Y., & James Goo, Y.-J. (2005). Intellectual capital and corporate value in an emerging economy: Empirical study of Taiwanese manufacturers. R and D Management, 35(2), 187–201. https://doi.org/10.1111/j.1467-9310.2005.00382.x
Wijayani, D. R. (2017). Pengaruh intellectual capital terhadap kinerja keuangan perusahaan publik di Indonesia (Studi empiris pada perusahaan manufaktur di BEI 2012–2014). Jurnal Riset Akuntansi Dan Bisnis Airlangga, 2(1). https://doi.org/10.31093/jraba.v2i1.23
Yudha, A. M. (2021). Pengaruh intellectual capital, ukuran perusahaan, CSR, dan struktur kepemilikan terhadap kinerja keuangan pada perusahaan manufaktur yang terdaftar di BEI. Journal of Information System, Applied, Management, Accounting and Research, 5(2), 505. https://doi.org/10.52362/jisamar.v5i2.433
