Abstract
The purpose of this study was to determine and examine the effect of intellectual capital, firm size, and firm growth on firm value in companies that are incorporated in the Jakarta Islamic Index and listed on the Indonesia Stock Exchange and test whether profitability can moderate the relationship between the independent variables and the dependent variable. This research is causal research using secondary data. The population of this study is companies that are members of the Jakarta Islamic Index listed on the Indonesia Stock Exchange from 2016 to 2019. The method of determining the sample uses a saturated sample so that a sample of 57 companies is obtained multiplied by four years of research to obtain 228 observations. The analysis technique used in this study uses panel data regression analysis and moderating test with Eviews 10 software tools. The results of this study partially intellectual capital has a negative and significant effect on firm value. Firm size has a negative and significant effect on firm value, and firm growth has a positive and significant effect on firm value. The profitability variable moderates the relationship between the influence of intellectual capital and firm size on firm value and does not moderate the relationship between the effect of firm growth on firm value. Keywords: Intellectual Capital, Firm size, Firm growth, Profitability, Firm Value.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: 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.