The Constitution and Measurement of Intellectual Capital: An Aplication in the Banking Sector in Afyonkarahisar (original) (raw)
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E3S Web of Conferences
The purposes of the research were to analyze the impact of intellectual capital on banking financial performance. Intellectual capital in this study was measured with the method of Value-Added Intellectual Capital (VAIC). The banking financial performance was measured with the indicator of profitability ratio and capital ratio. The hand of profitability ratio is Return on Asset (ROA) and Net Interest Margin (NIM), While the indicator used to measure the capital ratio is Capital Adequacy Ratio. The sample used in this study is 125 observed data of 25 banks listed on the Indonesia Stock Exchange for 2016-2020, which met the criteria determined. Data were analyzed using WarpPLS 7.0 software. This study shows that overall intellectual capital, which VAIC measures, has a positive and significant impact on ROA. Still, it does not substantially impact NIM and does not affect CAR. However, one of the components of intellectual capital, HCE and SCE, partially has the most significant impact ...
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The research examines effect of Intellectual Capital (IC) on financial performance (financial sector listed, on Indonesian Stock Exchange). This study used method was the explanatory. The data source used is secondary data. This study used a purposive sampling technique. Population is all financial companies listed in the Indonesian Stock, Exchange in 2014-2018. The number of sample use are 340 samples (68 company in 5 years). Multiple linear regression is the analytical method used application of SPSS 16. The result indicated that an intellectual capital variable using HCE has a negative, and significant effect Return On Asset (ROA). The intellectual capital variable using SCE has a positive and significant effect Return On Asset (ROA). Intellectual capital variable using CEE has a positive and significant effect Return On Asset (ROA).
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Accounting, Auditing & Accountability …, 2011
Purpose -This paper aims to analyse the relationship between intellectual capital and financial capital using a case study. This makes it possible to discuss how intellectual capital is related to value creation with a degree of nuance that is absent from most statistical studies of relationships between human, organisational, relational and financial capital. Design/methodology/approach -The paper uses a case study of a firm that invests in intellectual capital in order to develop financial capital. It traces the relationship between intellectual capital elements and financial capital via interviews. This allows the development of a nuanced account of the performance of intellectual capital. This account questions the universality of the linear model typically found in statistical studies. The model makes it possible to show how items of intellectual capital not only interact but also compete. Findings -Relationships between intellectual capital and financial capital are challenging to specify because they are complementary rather than causal. Financial capital is not only an effect but also an important input because the development of intellectual capital takes place through the firm's budgeting processes.
The Effect of Intellectual Capital on Financial Performance
A B S T R A C T The company's focus on value creation has changed from the use of physical assets into intangible assets. The approach used in the assessment and measurement of knowledge assets including the Value Creation of Intellectual Capital. The purpose of this study is to investigate the influence of Intellectual Capital of firm toward financial performance. The Value Added Intellectual Coefficient (VAIC TM) method is used to measure of Intellectual Capital. The sample of 116 manufacturing firms selected using purposive sampling method. Panel data for Indonesian Stock Exchange companies over the period 2006-2008 are analyzed using Partial Least Square (PLS). The findings indicate that three indicators VAIC TM , value added of employee (VAHU) has the highest value in creating competitive advantage. High VAHU can give meaning that the greatest contribution to the creation of the company derived from the value of employees. This condition occurs in Indonesia, Taiwan (2005) and South Africa (2003). Based on finding of outer test using PLS showed that ATO and ROI is significant in construct the financial performance variable, while CR, DER and ROE are not significant. The results support the hypothesis that Intellectual Capital influences positively to financial performance. Keywords: Intellectual Capital; Current Ratio (CR), Debt to Equity Ratio (DER); Rasio Total Assets Turnover (ATO); Return on Investment (ROI); Return on Equity (ROE); Partial Least Square (PLS)