Analisis Pengaruh Intellectual Capital, Good Corporate Governance dan Competitive Advantage Terhadap Company Value Pada PT Bukit Asam Tbk Tahun 2016-2021
Abstract
This study aims to analyze the influence of Intellectual Capital (X1), Good Corporate Governance (Z1), Competitive Advantage (Z2) on Company Value (Y), at PT Bukit Asam Tbk. The research was conducted using data for a period of 6 years, namely the period 2016-2021. The data source is secondary data which is analyzed through Partial Least Square (PLS). The test results show that there is a significant and positive influence on Intellectual Capital (X1) on Competitive Advantage (Z2). With a total influence of 71.3%. The use of Intellectual Capital in the company is able to increase the company's superior value or Competitive Advantage which makes it a characteristic of competitive advantage in the eyes of shareholders and industrial market players compared to other companies.
Keywords: Intellectual Capital, Good Corporate Governance, Competitive Advantage, Company Value
Full Text:
PDFReferences
Ali, O. A. (2018). The Effect of Disclosure of Intellectual Capital Components on the Market Price of Shares in Jordanian Industrial Companies: An Empirical Study. International Journal of Economics and Financial Issues, 8(5), 156..
Ana, S. R., Sulistiyo, A. B., & Prasetyo, W. (2021).The Effect of Intellectual Capital and Good Corporate Governance on Company Value Mediated by Competitive Advantage.Journal of Accounting and Investment, 22(2), 276-295.
Andes, S. L., Nuzula, N. F., & Worokinasih, S. (2020). Competitive Advantage as Mediating Factor for Creating Firm Value: A Literature Review. Bisnis & Birokrasi: Jurnal Ilmu Administrasi dan Organisasi, 27(1), 5.
Anik, S., Chariri, A., & Isgiyarta, J. (2021).The Effect of Intellectual Capital and Good Corporate Governance on Financial Performance and Corporate Value: A Case Study in Indonesia. The Journal of Asian Finance, Economics and Business, 8(4), 391-402.
Butsalee, P., & Sincharoonsak, T. (2021).The Influence Of Intellectual Capital Efficiency Affecting Corporate Governance Competitive Advantage And Performance Of The Listed Companies Of The Stock Exchange Of Thailand. International Journal Of Entrepreneurship, 25, 1-9.
Crisnandani, N., Rahmawati, I. Y., Tubastuvi, N., & Haryanto, T. (2021). “The Effect Of Intellectual Capital And Good Corporate Governance On Financial Performance In Banking Sector Registered In Indonesia Stock Exchange With Competitive Advantage As Intervening Variables For 2016-2019”. International Journal of Economics, Business and Accounting Research (IJEBAR), 5(2).
Devi, S., Budiasih, I., & Badera, I. (2017). Pengaruhpengungkapan enterprise risk management danpengungkapan intellectual capital terhadapnilaiperusahaan. Jurnalakuntansidankeuangan Indonesia, 14(1), 2.
Fahmi, Irham. (2013). Analisis Laporan Keuangan. Alfabeta:Bandung
Ghalib, Saladin. (2014). Pengaruh Gaya KepemimpinanTerhadapKepuasanKomunikasi, KomitmenOrganisasional, Organizational Citizenship Behavior (OCB) Dan Kinerja (StudiPadaKaryawan PT Bank Kalsel di Provinsi Kalimantan Selatan).Disertasi.UniversitasBrawijaya. Malang.
Ghozali, Imam. (2014). Structural Equation Modeling, MetodeAlternatifdengan Partial Least Square (PLS).Semarang : UniversitasDiponegoro
Isada, F., &Isada, Y. (2019).An empirical study of strategic corporate governance and competitive advantage.Journal of Economics, Business, and Management, 7(1).
Mohammad, H. S., & Bujang, I. (2019).Does Intellectual Capital Influence Firms'financial Performance? A Comparative Analysis Into Three Malaysian Industries.International Journal of Business and Society, 20(1), 260-276.
Noeet al. (2007). Fundamentals of Human Resource Management. McGraw-Hill/Irwin : New York.
Nurfauzia, Atika (2018), “Pengaruh Intellectual Capital Pada Nilai Perusahaan Dengan Kinerja Keuangan Sebagai Variabel Intervening”. Skripsi. Fakultas Ekonomi. Universitas Islam Indonesia. Yogyakarta.
Tang, Y. C., &Liou, F. M. (2010).Does firm performance reveal its own causes? The role of Bayesian inference.Strategic management journal, 31(1), 39-57.
Megawati, Ninis. (2016). “Pengaruh Goodwill dan Intellectual Capital terhadap Nilai Perusahaan yang terdaftar di Bursa Efek Indonesia. Skripsi. Universitas Negeri Yogyakarta. Yogyakarta
DOI: http://dx.doi.org/10.20527/jbp.v12i1.15513
Article Metrics
Abstract view : 409 timesPDF - 516 times
Refbacks
- There are currently no refbacks.
Indexed Jurnal Bisnis dan Pembangunan
Jurnal Bisnis dan Pemabangunan is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. ISSN : 2541-1403 (print verson), E-ISSN : 2541-187X