Abstract
This study aims to determine the influence of intellectual capital and investment decision on firm value. This type of research is correlational, aimed at proving whether there is a relationship between variables as found in previous studies. The population includes all consumer non-cyclicals companies listed on the Indonesia Stock Exchange for the period from 2013 to 2022. The sampling technique used is Purposive Sampling. The population data consists of 290 companies, and a sample of 130 companies was obtained. The data analysis method used is multiple linear regression analysis. The results of the data analysis show that intellectual capital has a positive effect on firm value, and investment decision have a positive effect on firm value. The adjusted R-Square value of 0.1204 indicates that the ability of independent variables to explain the variation in dependent variables is 12.04%, and the remaining 87.6% is explained by other variables outside the research model.
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