The Impact of Intellectual Capital Disclosure on the Financial Performance and Stock Prices: Evidence from the Indonesian Banking Industry (original) (raw)

How Do Intellectual Capital Disclosures Mediate Financial Structure and Company Performance? Evidence from Indonesia and Singapore

Jurnal Ekonomi Bisnis dan Kewirausahaan

This study examines the effect of disclosure of intellectual capital in mediating the financial structure and performance of companies using path analysis method. This study also compares the effect of disclosing intellectual capital on companies listed on the Indonesian and Singapore stock exchanges from 2018 to 2020. A two-stage least squares statistical model is used to test the research hypothesis. The findings show that the financial structure in Indonesia and Singapore has a significant negative effect on financial performance. Meanwhile, financial structure has a significant negative effect on market performance only in Singapore, while Indonesia has no effect. Disclosure of intellectual capital which is used as a mediating variable on financial structure and performance has a significant positive effect in Singapore. Meanwhile, there is no significant effect on the relationship between financial structure and market performance after being mediated by disclosure of intellect...

Factors Affecting Intellectual Capital Disclosure in Indonesia Stock Exchange Period 2016-2019

Webology, 2022

This research aims to analyze the disclosure of intellectual capital of companies in Indonesia. The factors referred to include Independent Commissioners, Ownership Concentration, leverage and profitability. Agency theory is used as the basis for developing a conceptual framework to connect the variables being tested. The contribution of this research is to test the subjective factors, namely the variable of the existence of independent commissioners, the concentration of ownership combined with the objective variables which are derived from the company's financial data, namely leverage and profitability. The samples are 72 companies that consistently express clusters of intellectual capital-based companies in 2016 to 2019 are sourced from websites. www.idx.co.id. the data analysis technique for hypothesis testing is multiple linear regression, using the SPSS version 20 application. The results. of this study prove that all tested variables, namely independent commissioners, own...

Intellectual Capital Effect On Financial Performance And Company Value (Empirical Study On Financial Sector Companies Listed On The Indonesia Stock Exchange In 2020

This study aims to determine the impact of intellectual capital on firm value, either directly or indirectly through the company's financial performance in the financial sector. The population of this research is 84 financial sector companies listed on the Indonesia Stock Exchange in 2020. The data analysis tool uses path analysis with the help of the SPSS version 25 program. The research findings prove that intellectual capital has a significant positive impact on financial performance. On the other hand, financial performance has a significant negative impact on firm value, while intellectual capital has an insignificant positive impact on firm value, while intellectual capital has an indirect significant negative impact on firm value so that financial performance reflects a pure intervening variable.

Market Performance: The Effect of Intellectual Capital and Intellectual Capital Disclosure

JRAK

Intellectual Capital is a concept which gives new knowledge-based resources and optimally describes the intangible assets utilized. It enables a company to run its strategies effectively and efficiently without revealing its intangible assets such as knowledge, relationships and image in the financial report. These attributes create differences and describe the company’s future opportunities. The research therefore illustrated how Intellectual Capital (IC) and Intellectual Capital Disclosure (ICD) influenced the Market Performance (MP) by using the purposive sampling method. The data used is secondary which was obtained from 102 service companies listed in the Indonesian Stock Exchange (IDX) and analyzed using the multiple linear regression. The result of this research showed that both IC and ICD influenced the MP. This research indicated that the signal presented by the company through ICD minimized asymmetrical information. This proved that maximum management of the IC gave some a...

Firm characteristics and intellectual capital disclosure on service companies listed in Indonesia stock exchange period 2008-2012

2014

Accounting Department, Economics Faculty, Sriwijaya University, Jl. Raya Inderalaya, km. 32 Inderalaya 30662, Ogan Ilir Sumatera Selatan Indonesia *Corresponding Author’s Email: yuditz@yahoo.com Intellectual capital disclosure is a report issued by company that is aimed to show value of company in order to sustain competitive advantage. This study analyzes the effect of firm characteristics on company's intellectual capital disclosure. Independent variables used in this study are firm size, firm age, industry type, listing status and managerial ownership and the dependent variable is intellectual capital disclosure. The data used are secondary data from Indonesia Stock Exchange i.e. annual report of services companies listed in Indonesia Stock Exchange period 2008-2012. Sample is selected by purposive sampling technique Among 226 service companies listed in Indonesia Stock Exchange period 2008-2012, there are 146 service companies meet the criteria. In analyzing data, multiple l...

Intellectual Capital Value and Disclosure of Intellectual Capital on Firm Value

Jurnal Ilmiah Akuntansi Peradaban

The purpose of this study was to determine the effect of the value of intellectual capital and disclosure of intellectual capital on the company value of state-owned enterprises which are listed on the Indonesian stock exchange partially. The type of data used in this study is quantitative data in the form of values or numbers obtained from financial reports. The source of data in this research is secondary data. The population in this study are state-owned companies listed on the Indonesia Stock Exchange during the period 2015 -2019. By using the purposive sampling method, the total sample in this study is 45 data from 9 companies. The data in this study will be tested with several stages of testing, namely descriptive statistical tests, classic assumption tests (normality test, heteroscedasticity test, multicollinearity test, autocorrelation test), and testing all hypotheses through the partial test (t test) and coefficient test determination. The research findings lead to several...