The Effect of Intellectual Capital and Profitability on Firm Value: Evidence from Banking Industry Listed in Indonesia Stock Exchange

Abstract

This research aims to analyze the effect of Intellectual Capital (Value Added Capital Employed (VACA), Value Added Human Capital (VAHU), Structural Capital Value Added (STVA) and Profitability on Firm Value Evidenve from Banking Industry Listed in Indonesia Stock Exchange. The object of research from banking  on the IDX in the period 2013-2023. The research method used is quantitative, secondary data type with multiple linear regression models. The sampling technique used purposive sampling method. The number of samples used in this research amounted to 5 banking industry. The results of the research state that Value Added Capital Employed (VACA), Value Added Human Capital (VAHU) Structural Capital Value Added (STVA) simultaneously affects the firm value, then the effect of Value Added Capital Employed (VACA), has a positive effect on firm value, Value Added Human Capital (VAHU) has a positive effect on firm value while Structural Capital Value Added (STVA) has no significant effect on Firm Value and Profitability affects Firm Value.

Keywords: Intellectual Capital, Value Added Capital Employed (VACA), Value Added Human Capital (VAHU), Structural Capital Value Added (STVA), Profitability, Firm Value