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THE INFLUENCE OF INTELLECTUAL CAPITAL AND CAPITAL STRUCTURE ON COMPANY VALUE WITH PROFITABILITY AS A MODERATION VARIABLE Yulia Sukma Asih; Ira Hapsari; Hadi Pramono; Edi Joko Setyadi
International Journal of Economic, Business, Accounting, Agriculture Management and Sharia Administration (IJEBAS) Vol. 6 No. 5 (2026): October (ON-PROGRESS)
Publisher : CV. Radja Publika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.5281/zenodo.21816756

Abstract

This study aims to analyze the influence of intellectual capital and capital structure on the value of the company with profitability as a moderation variable. The study uses a quantitative approach with secondary data obtained from the financial statements of companies in the conventional banking sector listed on the Indonesia Stock Exchange for the period 2020–2024. The research sample was selected using the purposive sampling method and analyzed using panel data regression and Moderated Regression Analysis (MRA). The results of the study show that intellectual capital does not affect the value of the company but the capital structure has a positive effect on the value of the company. Profitability has been shown to strengthen the influence of intellectual capital on company value, but it is unable to moderate the influence of capital structure on company value. These findings indicate that effective management of intellectual resources and proper capital structure policies can increase the value of a company. The results of the research are expected to be a reference for company management and investors in making decisions related to increasing the company's value.
Co-Authors AA Sudharmawan, AA Abdul Rohman Aditya Pratama Agus Mulyadi P Agus Mulyadi Purnawanto Ainul Faizah Zahroh Akhmad Fauzan Alvito Rido Amir Amir Andra Tiara Syafira Ani Kusbandiyah Anis Shofiyani Annisa Ilma Hartikasari Arafah, Monalisa Dinda Astian Yosi Meilani Astri Hardirmaningrum Athila Namira Awandini Aziz, Muhammad Minanul Azmi Firtiati Bima Cinintya Pratama Budi Santoso, Suryo Desi Novita Sari Dhea Vania Dominique Pijoh Dhea Vania Dominique Pijoh Dwi Winarni Dwiyanti, Khaerunnisa Edi Joko Setyadi Edy Joko Setyadi, Edy Joko Eko Hariyanto Eli Susanti Endar Puspawiningtiyas Enjang Meylani Ernawati Ernawati Erny Rachmawati Eti Yustika Hartono Fachri Ramadhan, Hafidz Fadhilah, Alya Nur Feri Wibowo Fitri Rakhmawati Fitriati, Azmi Fitrina Hidayati Gustha Priyatna Hamami Alfasani Dewanto Hapsari, Ira Hardiyanto Wibowo Hardiyanto Wibowo, Hardiyanto Hariyanto Wibowo Hartikasari, Annisa Ilma Hepy Dwi Aranita Hermin Endratno Herni Justiana Astuti Iis Ismatul Chotimah Ikbar Andriano Ikhsani, Mastur Mujib Ilham Nurhabibie Inayati, Nur Isna Indra, Abimanyu Nur Ira Hapsari Ira Hapsari Ira Hapsari Iwan Fakhruddin Iwan Fakhrudin, Iwan Jessika Ezar Harfianto Khaerunnisa Dwiyanti Kikih Sugiarti Mastur Mujib Ikhsani Mintaraga Eman Surya Mudjiyanti, Rina Mudjiyanti, Rina Nanda Agustina Neva Widya Romadhan Novi Dirgantari Nur Isna Inayati Pramurindra, Rezky Prihantoro, Sony Anggun Prismulyantoro, Arif Puspitasari, Dilla Amalia Putri Fitriana, Priska Putri, Francinita Reghita Nabilla Shafira Risa Triwardani Rizka Rahayu Utami Rizky Ramdani Santoso, Selamet Eko Budi Selamet Eko Budi Santoso Setyadi, Edi Joko Sharla Aurellia Beryl Siti Nur Azizah Siti Nur Azizah, Siti Slamet Eko Budi Santoso Sri Wahyuni Sri Wahyuni Sri Wahyuni SURYO Budi Santoso Suryo Budi Santoso Suyoto Suyoto Tiara Pandansari Totok Haryanto Tri Yulianto Ugung Dwi Ario Ugung Dwi Aryo Wibowo, Ugung Dwi Aryo Utari Setia Pratiwi Vara, Laetia Devara Chairunisa Vienka Ferenzha Salsabilla Wa Mareza Dwi Nugraheni Widayanti, Leni Widia Astuti Wima D Pragusta Yesinta Febriati Yulia Sukma Asih Yulianti Nur Fauziah