THE INFLUENCE OF INTELLECTUAL CAPITAL DIMENSIONS ON COMPANY VALUES IN AUTOMOTIVE INDUSTRIES IN INDONESIA STOCK EXCHANGE.
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Abstract
This study aims to (1) analyze the effect of Value Added Capital Employed (VACA) on company value in the Automotive Industry on the Indonesia Stock Exchange; (2) analyze the effect of Value Added Human Capital (VAHU) on company value in the Automotive Industry on the Indonesia Stock Exchange; (3) simultaneously analyzing the effect of Structural Value Added (STVA) on company value in the Automotive Industry in the Indonesia Stock Exchange and; (4) analyze the effect of Value Added Capital Employed (VACA), Value Added Human Capital (VAHU) and Structural Value Added (STVA) on firm value in the Automotive Industry on the Indonesia Stock Exchange.
This research is in the form of explanatory survey research (explanatory research). This study uses data pooling. The population of this research is all automotive companies operating in Indonesia and listed on the Indonesia Stock Exchange from 2010 to 2016. The sampling technique used in this study is the purposive sampling technique. Based on the population of the company samples are taken that meet the following criteria: (1) the required data is available at the automotive company during the 2010-2016 observation period; (2) the company remains active in the trading of the Indonesia Stock Exchange during the observation period. Thus the sample data tested were as many as 10 companies in automotive. Data analysis was performed using multiple linear regression analysis, T-test, F-test and the coefficient of determination (R2) test.
The analysis shows that (1) Value Added Capital Employed (VACA) affects the value of the company in the Automotive Industry on the Indonesia Stock Exchange; (2) Value Added Human Capital (VAHU) influences company value in the Automotive Industry on the Indonesia Stock Exchange; (3) Structural Value Added (STVA) influences company value in the Automotive Industry in the Indonesia Stock Exchange and; (4) Value Added Capital Employed (VACA), Value Added Human Capital (VAHU) and Structural Value Added (STVA) affect the value of the company in the Automotive Industry on the Indonesia Stock Exchange.
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How to Cite This Article
Andi Harmoko Arifin, Cepi Pahlevi, Idayanti Nursyamsi and Harryanto. (2019); THE INFLUENCE OF INTELLECTUAL CAPITAL DIMENSIONS ON COMPANY VALUES IN AUTOMOTIVE INDUSTRIES IN INDONESIA STOCK EXCHANGE., Int. J. of Adv. Res., 7 (10), 650-659, ISSN 2320-5407. DOI: https://doi.org/10.21474/IJAR01/9877
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