PENGARUH INTELLECTUAL CAPITAL, AGE DIVERSITY, TENURE DIVERSITY DAN DEBT TO EQUITY RATIO TERHADAP KINERJA KEUANGAN PERUSAHAAN (Studi Pada Industri Sektor Barang Konsumsi yang Terdaftar di BEI periode 2013-2017)

Abstract

The purpose of this study is to explain how Intellectual Capital (IC), Age Diversity, Tenure Diversity, Debt to Equity Ratio and Corporate Financial Performance. Besides that, it is also to find out whether Intellectual Capital, Age Diversity, Tenure Diversity, Debt to Equity Ratio have a simultaneous and partial effect on financial performance in companies in the consumer goods industry listed on the Indonesia Stock Exchange for the period 2013-2017. This study uses quantitative methods. The sampling technique in the study was purposive sampling resulting in 10 companies as samples within a period of 5 years. The analysis technique used is panel data regression analysis with Eviews 9.0 application. The results of this research show that simultaneously, Intellectual Capital, Age Diversity, Tenure Diversity, and DER have a significant effect on financial performance. Partially, Age Diversity and Tenure Diversity have a significant positive effect on Financial Performance and Intellectual Capital and DER has no effect on Financial Performance. Companies are advised to maximize tenure diversity by making frequent changes to members of the board of directors. In addition, age diversity also needs to be maximized so that earnings per share increases.

Keywords: Intellectual Capital; Diversity; DER; Firm’s performance.