Asian Journal of Management, Entrepreneurship and Social Science
Vol. 3 No. 03 (2023): August, Asian Journal of Management, Entrepreneurship and Social Science

The Dynamic Impact of Intellectual Capital and Good Corporate Governance on Firm Value: Evidence from Indonesia

Adibah Yahya (Universitas Pelita Bangsa)
Taufik Hidayat (Universitas Pelita Bangsa)
Rina Nurjanah (Universitas Pelita Bangsa)
Nando Dada Pratama (Universitas Pelita Bangsa Indonesia)



Article Info

Publish Date
12 Jul 2023

Abstract

Value investor perception of the company is often associated with the company's stock price, the higher the stock price will make the company's value is also high. The company's value becomes important, because the company's value reflects the return on investment of the investors. Investors will be very happy if get a higher rate of return on investment over time. The higher the value of the company, investors are increasingly interested in investing in these companies, so when the company needs funds for development of the company, investors will respond positively to invest capital to the company. The purpose of this research is to find out the influence of intellectual capital and good corporate governance to the firm value. The independent variables are intellectual capital and good corporate governance. Good corporate governance in this research is measured by indicators which consist of managerial ownership, institutional ownership, the board of directors, independent commissioners and audit committees. The dependent variables is the firm value which is measured by Tobins’Q. Data analysis method in this research is multiple linear regressions analysis with the SPSS 25th version application. The results showed that independent commissioners had a positive effect on firm value while the variables of intellectual capital, management ownweship, institutional ownweship, board of directors and audit committee had no effect on firm value.

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Journal Info

Abbrev

ajmesc

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Asian Journal of Management, Entrepreneurship and Social Science (AJMESC) is a high quality open access peer reviewed research journal. providing a platform for the researchers, academicians, professional, practitioners and students to impart and share knowledge in the form of high quality empirical ...