PENGARUH ASET TIDAK BERWUJUD DAN BIAYA PENELITIAN DAN PENGEMBANGAN TERHADAP NILAI PASAR DAN KINERJA KEUANGAN PERUSAHAAN

Made Trisnajuna (Fakultas Ekonomi Dan Bisnis Universitas Udayana)
Eka Ardhani Sisdyani (Fakultas Ekonomi Dan Bisnis Universitas Udayana)

E-JURNAL AKUNTANSI
Vol 13 No 3 (2015)

The purpose of this research is to test the influence of intangible asset value and research & development expenditure on corporate market value and financial performance of manufacturing companies which were listed on Indonesia Stock Exchange (IDX) during 2010-2013. Samples were determined using purposive sampling method and consisting of 40 companies with 155 observations. The data in this study was collected through non-partisipan observation method by downloading data from IDX. The testing of hypotheses in this research used multiple linear regression. The result shows that intangible assets value and research & development expenditure influence positively and significantly on corporate market value and financial performance.