IS THERE AN INTELLETECTUAL CAPITAL INFLUENCE IN ACHIEVING RETURN ON EQUITY?

  • Perbanas Institute, Indonesia.
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This study aims to analyze the effect of intellectual capital on Return on Equity (ROE ) contained in the mining sector companies listed on the Indonesia Stock Exchange since 2011 - 2016 . The method used in measuring intellectual capital is the Value Added Intellectual Coefficient (VAIC ) model Pulic consists of three components , namely Value Added Capital Employed (VACA ) , Value Added Human Capital (VAHU ) and Structural Capital Value Added (STVA ) , while for the measurement of company's financial performance using Return on Equity (ROE ) . The data used are annual financial statements , especially balance sheet and income statement in 2011 - 2016 . The results of this study indicate that the VACA has a significantly positive effect on ROE , VAHU has a significantly positive effect on ROE , STVA has a significantly positive effect on ROE . This means that all three variables have direct relationships . And simultaneous research result of three components of intellectual capital that is VACA , VAHU and STVA have a significant effect to ROE

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[Irawati Junaeni. (2017); IS THERE AN INTELLETECTUAL CAPITAL INFLUENCE IN ACHIEVING RETURN ON EQUITY? Int. J. of Adv. Res. 5 (Oct). 656-6602] (ISSN 2320-5407). www.journalijar.com

Irawati Junaeni
Perbanas Institute

DOI:

Article DOI: 10.21474/IJAR01/5572      
DOI URL: https://dx.doi.org/10.21474/IJAR01/5572

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