Jurnal Riset Akuntansi Kontemporer
Vol 15 No 2 (2023): October Edition

MARKET PERFORMANCE: THE EFFECT OF INTELLECTUAL CAPITAL AND INTELLECTUAL CAPITAL DISCLOSURE

Mukhtaruddin Mukhtaruddin (Universitas Sriwijaya, Indonesia)
Yulia Saftiana (Universitas Sriwijaya, Indonesia)
Ely Riani (Universitas Sriwijaya, Indonesia)
Emi Yulia Siska (Universitas Islam Negeri Raden Fatah, Indonesia)
Fadhil Yamaly (Universitas Muhammadiyah Palembang, Indonesia)



Article Info

Publish Date
21 Oct 2023

Abstract

Intellectual Capital is a concept which gives new knowledge-based resources and optimally describes the intangible assets utilized. It enables a company to run its strategies effectively and efficiently without revealing its intangible assets such as knowledge, relationships and image in the financial report. These attributes create differences and describe the company’s future opportunities. The research therefore illustrated how Intellectual Capital (IC) and Intellectual Capital Disclosure (ICD) influenced the Market Performance (MP) by using the purposive sampling method. The data used is secondary which was obtained from 102 service companies listed in the Indonesian Stock Exchange (IDX) and analyzed using the multiple linear regression. The result of this research showed that both IC and ICD influenced the MP. This research indicated that the signal presented by the company through ICD minimized asymmetrical information. This proved that maximum management of the IC gave some added values capable of increasing competitive advantages.

Copyrights © 2023






Journal Info

Abbrev

jrak

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Riset Akuntansi Kontemporer invites manuscripts in the various topics include, but not limited to, functional areas of International and financial accounting; Management and cost accounting; Tax; Auditing; Accounting information systems; Accounting education; Environmental and social ...