Melola Discovery

← Melola Discovery

Open access Journal

COMPANY VALUE ANALYSIS BASED ON INTELLECTUAL CAPITAL MEDIATED BY FINANCIAL PERFORMANCE STUDY ON LQ 45 COMPANIES IN INDONESIA STOCK EXCHANGE 2015-2019 PERIOD

Journal of Business Studies and Management Review · Vol. 5 No. 1 (2021) · pp. 70–73

DOI
10.22437/jbsmr.v5i1.16553
ISSN
2597-6265, 2597-369X
Published
2021-12-31
Publisher
Management Department, Faculty of Economics and Business, Universitas Jambi
Language
en
License
creativecommons.org/licenses/by/4.0

Abstract

Price book value is an indicator of company value that is usually used as an assessment by investors in investing.This study aims to obtain the results of the study of the influence of Intellectual capital on firm value with indicators of value added intellectual capital (VAIC) and financial performance as intervening variables and size, age and leverage as controllers in LQ 45 companies listed on the Indonesian Stock Exchange (IDX). The method used is purposive sampling resulting in a sample of 29 companies. Data analysis using Partial Least Square (PLS) tool. The results show that the influence of intellectual capital on firm value is not directly but fully mediated by financial performance. The financial performance generated through the proper management of intellectual capital is a major concern for investors in assessing the company. Keywords: Intellectual capital, firm value, financial performance

Collaboration network of the authors

39 authors · 70 co-authorship links

Hover or tap a name to highlight its co-authors. Double-click to open the author's page.

  • National University of Malaysia
  • Hasanuddin University
  • Affiliation unknown
  • Different organisations
  • Same organisation
  • Affiliation unknown
  • Thicker line = more joint articles · bigger circle = more articles
Show as table
Co-authorOrganisationJoint articles
Besse WediawatiAffiliation unknown4
Zulfina AdrianiAffiliation unknown3
Asep MachpudinAffiliation unknown3
Shofia AminAffiliation unknown2
Ulfan NurkhalifaAffiliation unknown2
Ringga Putra PamungkasAffiliation unknown2
Ni Made SuciAffiliation unknown2
Revia SetianiAffiliation unknown2
Jumianis YantiAffiliation unknown2
Roslinda RosliNational University of Malaysia1
Zanaton Haji IksanNational University of Malaysia1
Fajra OctrinaAffiliation unknown1
Hendra HendraAffiliation unknown1
Hesti Nila KusumardiyaniAffiliation unknown1
Uswatun HasanahAffiliation unknown1
Firmansyah FirmansyahHasanuddin University1
Ruli Amanda PutraAffiliation unknown1
Tona Aurora LubisAffiliation unknown1
Fatih Luthfi AnanAffiliation unknown1
Agus SolikhinAffiliation unknown1
Djodi AryajatiAffiliation unknown1
Ulan Sri WahyuniAffiliation unknown1
Regina LastriAffiliation unknown1
M. A. AnthonyAffiliation unknown1
Juwita SariAffiliation unknown1
Husnul KhotimahAffiliation unknown1
Roviatul MaqiyahAffiliation unknown1
Arif TirtanaAffiliation unknown1
M. AlawiAffiliation unknown1
Mey Shara KurniaAffiliation unknown1
Putri ArpilliyaAffiliation unknown1
Satria PrayudiAffiliation unknown1
Regina RahmiAffiliation unknown1
Siti FachrainiAffiliation unknown1
Rita NovitaAffiliation unknown1
Rahmah JoharAffiliation unknown1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

Metadata source: OAI-PMH (metadata jurnal) https://online-journal.unja.ac.id/index.php/jbsmr/oai, first harvested 6 Nov 2026, last seen 8 Nov 2026.
Original metadata (oai_dc) 
<oai_dc:dc xmlns="http://www.openarchives.org/OAI/2.0/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:oai_dc="http://www.openarchives.org/OAI/2.0/oai_dc/" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/  http://www.openarchives.org/OAI/2.0/oai_dc.xsd">
	<dc:title xml:lang="en">COMPANY VALUE ANALYSIS BASED ON INTELLECTUAL CAPITAL MEDIATED BY FINANCIAL PERFORMANCE STUDY ON LQ 45 COMPANIES IN INDONESIA STOCK EXCHANGE 2015-2019 PERIOD</dc:title>
	<dc:creator xml:lang="en">Firmasari, Puja</dc:creator>
	<dc:creator xml:lang="en">Setiawati, Rike </dc:creator>
	<dc:creator xml:lang="en">Fitriati, Fitriati</dc:creator>
	<dc:description xml:lang="en">Price book value is an indicator of company value that is usually used as an assessment by investors in investing.This study aims to obtain the results of the study of the influence of Intellectual capital on firm value with indicators of value added intellectual capital (VAIC) and financial performance as intervening variables and size, age and leverage as controllers in LQ 45 companies listed on the Indonesian Stock Exchange (IDX). The method used is purposive sampling resulting in a sample of 29 companies. Data analysis using Partial Least Square (PLS) tool. The results show that the influence of intellectual capital on firm value is not directly but fully mediated by financial performance. The financial performance generated through the proper management of intellectual capital is a major concern for investors in assessing the company.
Keywords: Intellectual capital, firm value, financial performance</dc:description>
	<dc:publisher xml:lang="en">Management Department, Faculty of Economics and Business, Universitas Jambi</dc:publisher>
	<dc:date>2021-12-31</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://online-journal.unja.ac.id/jbsmr/article/view/16553</dc:identifier>
	<dc:identifier>10.22437/jbsmr.v5i1.16553</dc:identifier>
	<dc:source xml:lang="en">Journal of Business Studies and Management Review; Vol. 5 No. 1 (2021): JBSMR, Vol. 5 No.1, December 2021; 70-73</dc:source>
	<dc:source>2597-6265</dc:source>
	<dc:source>2597-369X</dc:source>
	<dc:language>en</dc:language>
	<dc:relation>https://online-journal.unja.ac.id/jbsmr/article/view/16553/12717</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2021 Rike Setiawati</dc:rights>
	<dc:rights xml:lang="en">https://creativecommons.org/licenses/by/4.0</dc:rights>
</oai_dc:dc>