PENGARUH INTELLECTUAL CAPITAL TERHADAP PRICE BOOK VALUE MELALUI LABA PERUSAHAAN PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BEI TAHUN 2011-2013
Abstract
The purpose of this study is to examine the Intellectual Capital to Price Book Value through the Company's Profit calculated by measuring Return On Equity (ROE) and Return On Asset (ROA), so it can be described for the following problem formulation: (1) test the partial intellectual (3) testing the effect of intellectual capital on PBV through ROE, (4) testing the effect of intellectual capital on PBV through ROA. While the population of this study are all banking companies listed on the BEI 2011-2013. Determination of the sample is done by using purposive sampling method to obtain 18 banking companies listing in BEI period 2011-2013. The type of data used is quantitative and is secondary data obtained from Indonesian Capital Market Directory (ICMD) in 2011-2013. Data analysis using path analysis technique (path analysis). The results of this study explain that (1) intellectual capital has a significant positive effect on PBV, ROE and ROA, (2) ROE and ROA have a significant positive effect on PBV, (3) intellectual capital influence on PBV through ROE,
(4) intellectual capital PBV through ROA. So the result of path analysis showed that Intellectual Capital influences PBV through ROE and ROA. ROE and ROA status as intervening variable that acts as a booster for the direct relationship of intellectual capital to PBV in banking companies listing on BEI 2011-2013.
keywords: Intellectual Capital (IC), Price Book Value (PBV), Return On Equity (ROE) dan Return On Asset (ROA).
Full Text:
PDFReferences
Alivia, Natasha Rizky. 2013. Analisis Faktor-Faktor yang Mempengaruhi Nilai Perusahaan dengan Profitabilitas sebagai Variabel Intervening Study pada Perusahaan Manufaktur yang Listed di BEI Tahun 2008-2011. Skripsi. Semarang: Universitas Diponegoro Press.
Ang Robert. 2010. Buku Pintar Pasar Modal Indonesia 7th edition. Mediasoft Indonesia.
Jakarta.
Chen, M.C., Cheng, S.J & Hwang, Y. 2005. An Empirical Investigation of the Relationship between Intellectual Capital and Firm’s Market Value and Financial Performance.
Journal of Intellectual Capital. Vol. 6 No. 2. 159-176.
El-Bannany, Magdi, 2008. A Study of Determinants of Intellectual Capital Performance in Bank: the UK Case. Journal of Intellectual Capital, Vol. 9, No. 3.
Fajarini, Indah SW. 2012. Pengaruh Intellectual Capital Terhadap Kinerja Keuangan Perusahaan (Studi EmpirisPerusahaan LQ 45. Jurnal Dinamika Akuntansi. Vol. 4, No. 1. Pp. 1-12.
Hidayati, Eva Eko. 2010. Analisis Pengaruh DER, DPR, ROE dan Size Terhadap PBV Perusahaan Manufaktur yang Listing di BEI Periode 2005-2007. Tesis. Semarang: Universitas Diponegoro Press.
Kamath, G.B. 2007. The Intellectual Capital Performance of Indian Banking Sector. Journal
of Intellectual Capital. Vol. 8 No. 1, 96-123
Kusumajaya Dewa Kadek Oka. 2011. Pengaruh Struktur Modal dan Pertumbuhan Perusahaan Terhadap Profitabilitas dan Nilai Perusahaan pada Perusahaan Manufaktur di Bursa Efek Indonesia. Tesis. Denpasar: Universitas Udayana Press.
Mavridis, D.G. 2004. The Intellectual Capital Performance of the Japanese Banking Sector.
Journal of Intellectual Capital. Vol. 5 No. 3, 92-115.
Pulic, A. 2002. Measuring the performance of intellectual potential in knowledge economy. Makalah ini dipresentasikan pada 2nd McMaster Word Congress on Measuring and Managing Intellectual Capital by the Austrian Team for Intellectual Potential.
Putra, Tito Perdana dkk. 2007. Pengaruh Kinerja Keuangan dan Beta Saham Terhadap Price To Book Value (Studi pada Perusahaan Real Estate dan Property yang Listing di BEI Periode Tahun 2004-2006). Jurnal Keuangan. Volume 2 No. 2.
DOI: https://doi.org/10.18860/jpips.v3i2.6858
Refbacks
- There are currently no refbacks.
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Jalan Gajayana 50 Malang 65144, Jawa Timur, Indonesia
Telp/Fax: +62341-552398 Email: jpips@uin-malang.ac.id
J-PIPS (Jurnal Pendidikan Ilmu Pengetahuan Sosial) is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
...............................................................................................................................................................
Indexed by:
