The Effect of Intellectual Capital and Good Corporate Governance (GCG) on Firm Value With Financial Distress As Intervening Variable

  • Irmanisa Ikhwani Tanjung Universitas Terbuka
  • Hendrian Hendrian Universitas Terbuka
  • Ira Geraldina Universitas Terbuka

Abstract

This study aims to determine the effect of intellectual capital and good corporate governance on firm value with financial distress as intervening variable. This quantitative study use secondary data on banking companies listed on the Indonesia Stock Exchange (IDX). The sample of this study was 117 banks listed on the IDX for the 2019-2021 period and was analyzed using Eviews 12. The results of this study is intellectual capital has positive effect on firm value, intellectual capital has negative effect on financial distress, good corporate governance has no effect on firm value and financial distress.  In addition, intellectual capital  has effect on firm value through financial distress as intervening variable, and good corporate governance has no effect on firm value through financial distress as intervening variable during the Covid-19 pandemic.

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Published
2023-08-07
How to Cite
TANJUNG, Irmanisa Ikhwani; HENDRIAN, Hendrian; GERALDINA, Ira. The Effect of Intellectual Capital and Good Corporate Governance (GCG) on Firm Value With Financial Distress As Intervening Variable. SAR (Soedirman Accounting Review) : Journal of Accounting and Business, [S.l.], v. 8, n. 1, p. 103 - 118, aug. 2023. ISSN 2598-0718. Available at: <https://jos.unsoed.ac.id/index.php/sar/article/view/8465>. Date accessed: 19 mar. 2025. doi: https://doi.org/10.32424/1.sar.2023.8.1.8465.
Section
Articles

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