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Journal : Management Analysis Journal

How Does Intellectual Capital Affect Firm Performance Across Different Levels? A Quantile Regression Approach Yusup, Adi Kurniawan
Management Analysis Journal Vol. 13 No. 4 (2024): Management Analysis Journal
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/maj.v13i4.15507

Abstract

This study aims to examine the effect of intellectual capital on firm performance. Intellectual capital is evaluated using the Value-Added Intellectual Coefficient (VAIC), which covers human, structural, and capital efficiency. Using quantile regression and three different performance measures, the study analyzes how the effect of intellectual capital changes across different performance levels. The sample is 358 Indonesian non-financial companies (1,074 firm-year observations) from 2018 to 2020. The results show a positive relationship between intellectual capital and firm performance, which supports the resource-based theory (RBT). However, the effect varies between high-performing and low-performing companies, showing that intellectual capital has a different influence depending on the firm's performance level.
Connecting Family Protocol and Family Council to Perceived Succession Success in Family Businesses through Management Succession Planning Guntoro, Jennifer Alberta; Yusup, Adi Kurniawan
Management Analysis Journal Vol. 14 No. 2 (2025): Management Analysis Journal
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/maj.v14i2.26342

Abstract

The aim of the research is to identify the effect of family protocol and family council toward perceived success of succession though management succession planning mediation.   Family business refers to a corporation that has been controlled and owned by the same family for generations. Exercising rational business decisions while also managing the interpersonal dynamics of a family-owned enterprise is a challenging task. Achieving equilibrium between the expectations and fluctuations of family members and the company's enduring objectives is frequently imperative in this situation. The analysis conducted using quantitative analysis. The population of the research is family business successor at Surabaya. The sampling method used is purposive sampling. The respondent participated in this research is 120 respondents. The data analysed using Partial Least Square Method using SmartPLS application. The data analysis showed that family protocol and family council positively affect management succession planning. In addition, family council, family protocol, and management succession planning directly affect perceived success of succession. The finding also discovered that management succession planning also successfully mediated the relationship between family council and family protocol toward perceived success of succession.