ASAS : Jurnal Hukum Ekonomi Syariah
Vol. 3 No. 1 (2011): Asas, Vol. 3, No. 1, Januari 2011

PENGARUH INTELLECTUAL CAPITAL TERHADAP MARKET VALUATION SEKTOR PERBANKAN INDONESIA TAHUN 2004 – 2008

Eliza, Eny (Unknown)



Article Info

Publish Date
14 Feb 2011

Abstract

Abstak: This research attempts to investigate empirically the impact of intellectual capital measured by value creation efficiency of intellectual capital and capital employed towards Market-to-Book Ratio (MBR). This research uses financial and capital market data of 120 banks listed on Indonesia Stock Exchange from 2004 to 2008. Empirical analysis is conducted using multiple linear regression. Findings from empirical analysis indicate that value creation efficiency of capital employed and structural capital have no impact on Market-to-Book Ratio; value creation efficiency of human capital has a negative impact on Market-to-Book Ratio. Key words: intellectual capital, MBR, bank, Indonesia Stock Exchange

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Journal Info

Abbrev

asas

Publisher

Subject

Religion Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice

Description

Asas (ISSN 1979-1488 E-ISSN:2722-8681) is a biannual journal (June and December), published by Faculty of Sharia, State Islamic University of Raden Intan Lampung, INDONESIA. Asas emphasizes Scientific Journal of Syari’ah Economic Law studies and communicates researches related to Syari’ah ...