Main Article Content
Abstract
Many studies have been conducted to examine the
relationship between intellectual capital and
financial performance. However, those study still
showed some inconsistencies. Therefore, this study
aimed to reexamine the effect of intellectual capital
on financial performance. The sample consists of 21
manufacturing firms listed in Indonesia Stock
Exchange during the observation period 2010-2013
which chosen by purposive sampling method. The
test results show that intellectual capital has
positive effect on financial performance which
measured by return on asset, market to book value ,
market capital and earning per share, but
intellectual capital has not effect on asset turnover.
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References
- Abdolmohammadi, Mohammad J. 2005. Intellectual Capital Disclosure and Market Capitalization. Journal of Intellectual Capital Volume 6 (3), p397-416.
- Belkaoui, A.R. 2003. Intellectual Capital and Firm Performance of US Multinational Firms: a Study of The Resource-Based and Stakeholder Views. Journal of Intellectual Capital Volume 4 (2), p215-226.
- Boedi, Soelistijono. 2010. Intellectual Capital Disclosure Dan Kapitalisasi Pasar Di Indonesia. Jurnal Keuangan dan Perbankan Volume 14 (1), p52 – 61.
- Bontis, N. 1998. Intellectual capital: an exploratory study that develops measures and models. Management Decision. Vol. 36, No.2.
- Brinker, Barry (2000), “Intellectual Capital: Tomorrows Asset, Today’s Challenge”, http://www.cpavision.org/vision/wpaper05b.cfm.
- Brooking, Anne. 1997. Intellectual Capital. London UK. Internasional Thomson Business Press.
- Chen, M.C., S.J. Cheng and Y. Hwang. 2005. An Empirical Investigation of The Relationship Between Intellectual Capital and Firms Market Value and Financial Performance. Journal of Intellectual Capital.
- Deegan, C. 2004. Financial Accounting Theory. McGraw-Hill Book Company. Sydney.
- Dewi, Citra Puspita. 2011. Pengaruh Intellectual Capital Terhadap Kinerja Keuangan Pada Perusahaan Manufaktur Yang Terdaftar Di BEI Tahun 2007-2009. Skripsi. Badan Penerbit Undip. Semarang.
- Fahmi, Irfan. (2013). Analisis Laporan Keuangan. Anggota Ikatan Penerbit Indonesia (IKAPI). Bandung.
- Firrer, S. and S. M. Williams. 2003. Intellectual Capital and Traditional Measures of Corporate Performance. Journal of Intellectual Capital.
- Freeman, R.E., and Reed. 1983. Stockholders and stakeholders: a new perspective on corporate governance. Californian Management Review 25 (2).
- Freeman, R, E. 1984. Strategic Management: A Stakeholder Approach. New York: Cambridge University Press. Tersedia : https://books.google.com/books?isbn=0521151740. [10 Desember 2014]
- Hanafi, Hamduh M. Dan Halim, Abdul. 2003. Analisa Laporan Keuangan. Yogyakarta: UPP-AMP YKPN.
- Ikatan Akuntan Indonesia. 2014. Pernyataan Standar Akuntansi Keuangan No.19. Jakarta. Salemba Empat.
- Kuryanto, Benny. 2008. Pengaruh Intellectual Capital terhadap Kinerja Perusahaan. Universitas Diponegoro Semarang. SNA XI Pontianak.
- Kusumo, Bambang Parto. 2012. Study Empiris Pengaruh Modal Intelektual Terhadap Kinerja Keuangan, Pertumbuhan Perusahaan, Dan Nilai Pasar Pada Perusahaan Yang Terdaftar Di Bursa Efek Indonesia (BEI). Skirpsi. Badan Penerbit Undip. Semarang.
- Pramelasari. Yosi Metta. 2010. Pengaruh Intellectual Capital Terhadap Nilai Pasar Dan Kinerja Keuangan Perusahaan. Skripsi. Badan Penerbit Undip. Semarang.
- Pulic, A. 1998. Measuring the performance of intellectual potential in knowledge economy. Paper presented at the 2nd McMaster Word Congress on Measuring and Managing Intellectual Capital by the Austrian Team for Intellectual Potential.
- Rachmawati, Damar Asih Dwi. 2012. Pengaruh Intellectual Capital terhadap Return On Assets (ROA) Perbankan. Jakarta. Jurnal Nominal 1 (1).
- Rupert, Booth. (1998), “The Measurement of Intellectual Capital”, Management Accounting. (Nov) 76, p26-28.
- Sawarjuwono, Tjiptohadi dan Agustine Prihatin Kadir. 2003. Intellectual Capital:Perlakuan, Pengukuran dan Pelaporan (Sebuah Library Research). Jurnal Akuntansi dan Keuangan 5 (1), p31-51.
- Sucipto. 2003. Penilaian Kinerja Keuangan. Medan: Universitas Sumatera Utara.
- Sugiono. 2009. Metode Penelitian Bisnis. Bandung: Alfabeta.
- Tan, H.P, D. Plowman and P. Hancock. 2007. Intellectual Capital and Financial Returns of Companies. Journal of Intellectual Capital, 8 (1).
- Tandelin, Eduardus. 2009. Portofolio dan Investasi. Yogyakarta: Kanisius.
- Ulum, Ihyaul, I. Ghozali dan A. Chariri. 2008. Intellectual Capital Dan Kinerja Keuangan Perusahaan: Suatu Analisis Dengan Pendekatan Partial Least Squares. Paper dipresentasikan pada acara Simposium Nasional Akuntansi XI. Pontianak.
- Ulum, Ihyaul. 2009. “Intellectual Capital : Konsep dan Kajian Empiris”. Yogyakarta : Graha Ilmu.
- Widarjo, Wahyu. 2011. Pengaruh Modal Intelektual Dan Pengungkapan Modal Intelektual Pada Nilai Perusahaan Yang Melakukan Initial Public Offering. Jurnal Akuntansi dan Keuangan Indonesia, 8 (2).
References
Abdolmohammadi, Mohammad J. 2005. Intellectual Capital Disclosure and Market Capitalization. Journal of Intellectual Capital Volume 6 (3), p397-416.
Belkaoui, A.R. 2003. Intellectual Capital and Firm Performance of US Multinational Firms: a Study of The Resource-Based and Stakeholder Views. Journal of Intellectual Capital Volume 4 (2), p215-226.
Boedi, Soelistijono. 2010. Intellectual Capital Disclosure Dan Kapitalisasi Pasar Di Indonesia. Jurnal Keuangan dan Perbankan Volume 14 (1), p52 – 61.
Bontis, N. 1998. Intellectual capital: an exploratory study that develops measures and models. Management Decision. Vol. 36, No.2.
Brinker, Barry (2000), “Intellectual Capital: Tomorrows Asset, Today’s Challenge”, http://www.cpavision.org/vision/wpaper05b.cfm.
Brooking, Anne. 1997. Intellectual Capital. London UK. Internasional Thomson Business Press.
Chen, M.C., S.J. Cheng and Y. Hwang. 2005. An Empirical Investigation of The Relationship Between Intellectual Capital and Firms Market Value and Financial Performance. Journal of Intellectual Capital.
Deegan, C. 2004. Financial Accounting Theory. McGraw-Hill Book Company. Sydney.
Dewi, Citra Puspita. 2011. Pengaruh Intellectual Capital Terhadap Kinerja Keuangan Pada Perusahaan Manufaktur Yang Terdaftar Di BEI Tahun 2007-2009. Skripsi. Badan Penerbit Undip. Semarang.
Fahmi, Irfan. (2013). Analisis Laporan Keuangan. Anggota Ikatan Penerbit Indonesia (IKAPI). Bandung.
Firrer, S. and S. M. Williams. 2003. Intellectual Capital and Traditional Measures of Corporate Performance. Journal of Intellectual Capital.
Freeman, R.E., and Reed. 1983. Stockholders and stakeholders: a new perspective on corporate governance. Californian Management Review 25 (2).
Freeman, R, E. 1984. Strategic Management: A Stakeholder Approach. New York: Cambridge University Press. Tersedia : https://books.google.com/books?isbn=0521151740. [10 Desember 2014]
Hanafi, Hamduh M. Dan Halim, Abdul. 2003. Analisa Laporan Keuangan. Yogyakarta: UPP-AMP YKPN.
Ikatan Akuntan Indonesia. 2014. Pernyataan Standar Akuntansi Keuangan No.19. Jakarta. Salemba Empat.
Kuryanto, Benny. 2008. Pengaruh Intellectual Capital terhadap Kinerja Perusahaan. Universitas Diponegoro Semarang. SNA XI Pontianak.
Kusumo, Bambang Parto. 2012. Study Empiris Pengaruh Modal Intelektual Terhadap Kinerja Keuangan, Pertumbuhan Perusahaan, Dan Nilai Pasar Pada Perusahaan Yang Terdaftar Di Bursa Efek Indonesia (BEI). Skirpsi. Badan Penerbit Undip. Semarang.
Pramelasari. Yosi Metta. 2010. Pengaruh Intellectual Capital Terhadap Nilai Pasar Dan Kinerja Keuangan Perusahaan. Skripsi. Badan Penerbit Undip. Semarang.
Pulic, A. 1998. Measuring the performance of intellectual potential in knowledge economy. Paper presented at the 2nd McMaster Word Congress on Measuring and Managing Intellectual Capital by the Austrian Team for Intellectual Potential.
Rachmawati, Damar Asih Dwi. 2012. Pengaruh Intellectual Capital terhadap Return On Assets (ROA) Perbankan. Jakarta. Jurnal Nominal 1 (1).
Rupert, Booth. (1998), “The Measurement of Intellectual Capital”, Management Accounting. (Nov) 76, p26-28.
Sawarjuwono, Tjiptohadi dan Agustine Prihatin Kadir. 2003. Intellectual Capital:Perlakuan, Pengukuran dan Pelaporan (Sebuah Library Research). Jurnal Akuntansi dan Keuangan 5 (1), p31-51.
Sucipto. 2003. Penilaian Kinerja Keuangan. Medan: Universitas Sumatera Utara.
Sugiono. 2009. Metode Penelitian Bisnis. Bandung: Alfabeta.
Tan, H.P, D. Plowman and P. Hancock. 2007. Intellectual Capital and Financial Returns of Companies. Journal of Intellectual Capital, 8 (1).
Tandelin, Eduardus. 2009. Portofolio dan Investasi. Yogyakarta: Kanisius.
Ulum, Ihyaul, I. Ghozali dan A. Chariri. 2008. Intellectual Capital Dan Kinerja Keuangan Perusahaan: Suatu Analisis Dengan Pendekatan Partial Least Squares. Paper dipresentasikan pada acara Simposium Nasional Akuntansi XI. Pontianak.
Ulum, Ihyaul. 2009. “Intellectual Capital : Konsep dan Kajian Empiris”. Yogyakarta : Graha Ilmu.
Widarjo, Wahyu. 2011. Pengaruh Modal Intelektual Dan Pengungkapan Modal Intelektual Pada Nilai Perusahaan Yang Melakukan Initial Public Offering. Jurnal Akuntansi dan Keuangan Indonesia, 8 (2).