INTERNATIONAL JOURNAL OF CULTURAL AND SOCIAL SCIENCE
Vol. 6 No. 3 (2025): International Journal of Cultural and Social Science

EXPLORING THE IMPACT OF INTELLECTUAL CAPITAL AND FINANCIAL PERFORMANCE ON MANUFACTURING FIRM VALUE IN INDONESIA

Verlita (Unknown)

Article Info

Publish Date
31 Aug 2025

Abstract

This study examines how intellectual capital and financial performance affect firm value in Indonesian manufacturing companies listed on IDX (2012-2016). Using path analysis on 35 observations from seven companies, we investigated causal relationships among variables. Results show intellectual capital does not significantly influence financial performance (ROE) or firm value (PBV). However, financial performance positively impacts firm value. Financial performance also does not mediate the intellectual capital-firm value relationship. These findings suggest investors should prioritize financial performance indicators in investment decisions, while intellectual capital's role may require alternative measurement approaches.

Copyrights © 2025




Citation Download
RIS
EndNote, Reference Manager, ProCite
BibTex
Latex, Jabref
Original Source
Download Original
Google Scholar
Check in Google Scholar
Journal Info
INTERNATIONAL JOURNAL OF CULTURAL AND SOCIAL SCIENCE
Website

Abbrev

ijcss

Publisher

Yayasan Pena Cendekia Insani

Subject

Humanities Environmental Science Languange, Linguistic, Communication & Media Library & Information Science Social Sciences

Description

International Journal of Cultural and Social Science (IJCSS) is an International Journal covering various social science fields, including culture, sociology, communication, politics, and information literacy. All articles submitted in the English ...