Pengaruh Modal Intelektual dan Pengungkapannya Terhadap Kinerja Perusahaan

Setyarini Santosa


This study discusses the influence of intellectual capital and its disclosure to the firm performance for the current year and one-year ahead. The preceding research merely analyzed the influence of intellectual capital to the firm performance as well as the influence of the intellectual capital disclosure in a separate model. Intellectual capital consists of human capital and structural capital. Intellectual capital will be measured through its efficiency by the method of Value Added Intelectual Coefficient or VAICTM, while the firm performance will be measured by the accounting-based performance and market-based performance. The sample consists 31 large companies which are listed in Indonesian Stock Exchange in the year of 2007. Hypothesis will be tested by Ordinary Least Square. There are two kinds of data sources, downloaded Financial Statement and Osiris database. The result shows that intellectual capital does not bring significant influence to the current and one-year ahead firm performance in Indonesia, as well as its disclosure. Indonesian companies are still relying on its value added enhancement through the physical capital efficiency and not the intellectual capital one.


Human capital, structural capital, VAICTM, intellectual capital, intellectual capital disclosure, firm performance

Full Text:



The Journal is published by The Institute of Research & Community Outreach - Petra Christian University. It available online supported by Directorate General of Higher Education - Ministry of National Education - Republic of Indonesia.

©All right reserved 2016.Jurnal Akuntansi dan Keuangan, ISSN: 1411-0288, e-ISSN: 2338-8137

click tracking
View My Stats