Sugih Hartanto Wijoyo
Universitas Negeri Jakarta

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

PERAN MODERASI PROFITABILITAS: INTELLECTUAL CAPITAL, GROWTH OPPORTUNITY, TERHADAP NILAI PERUSAHAAN SEKTOR PERBANKAN Sugih Hartanto Wijoyo; Santi Susanti; Erika Takidah
Media Riset Bisnis Ekonomi Sains dan Terapan Vol 4, No 3 (2026): Media Riset Bisnis Ekonomi Sains dan Terapan
Publisher : Taksasila Edukasi Insani

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71312/mrbest.v4i3.1056

Abstract

In the Indonesian capital market, banking sector stocks remain the most attractive instruments for investors, despite the 2022–2024 period showing a negative trend in market capitalization and declining fluctuations in firm value. This study aims to analyze the effects of intellectual capital and growth opportunity on the firm value of banking companies listed on the Indonesia Stock Exchange (IDX) during the 2022–2024 period, with profitability as a moderating variable. Using a purposive sampling method, a sample of 47 banking companies was obtained, yielding 141 panel data observations. Data analysis was conducted using Moderated Regression Analysis (MRA) with EViews 13. The results demonstrate that intellectual capital and growth opportunity have a significant positive effect on firm value Furthermore, profitability fails to significantly moderate the effect of intellectual capital, but successfully moderates the effect of growth opportunity on firm value. This study implies that maximizing growth opportunities, effectively backed by robust profitability, serves as a crucial key to enhancing banking firm value in the eyes of investors. Keywords: Banking Sector, Firm Value, Growth Opportunity, Intellectual Capital, Profitability