Abstract
In facing the intense business competition in the era of globalization, companies are required to be able to determine the right strategy for innovation. The role of intellectual capital is very important for companies in achieving competitive advantage as well as improving the financial performance. This study is aimed at examining the effect of the Intellectual Capital component on financial performance. The data used in this secondary data type of research are the financial reports of textile and garment companies starting from 2014 to 2019. The research method in this study using SPSS 25 application assistance. The results reveal that Capital Employed Efficiency (VACA) and Human Capital Efficiency (VAHU) do not give significant effect to Return On Asset, meanwhile, Structural Capital Efficiency (STAVA) has a positive effect to Return On Asset.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
