The Influence of Intellectual Capital, Capital Structure, Company Size, and Company Age on Agribusiness Financial Performance
Abstract
This research aims to determine the effect of intellectual capital, capital structure, firm size, and firm age on the financial performance of agricultural food product industry companies listed on the Indonesia Stock Exchange. Intellectual capital in this research is measured using the Pulic-Value Added Intellectual Coefficients (VAICTM) model, capital structure is measured by the Debt to Equity Ratio (DER), and the natural logarithm of total assets calculates the firm size. In contrast, healthy age is the years the company has been operating. Return on Assets (ROA) and Return on Equity (ROE) measure the company's financial performance. The sample in this research used a purposive sampling technique. This research uses secondary data from the sample companies' annual financial statements. The data analysis method used in this study is multiple regression analysis of panel data models. The results showed that intellectual capital has a significant positive effect on ROA and ROE, capital, firm size, and firm age do not affect ROA and ROE. Simultaneously, intellectual capital, capital structure, company size, and company age significantly affect ROA and ROE.
References
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Chowdhury, Leena Afroz Mostofa, Tarek Rana, dan Mohammad Istiaq Azim. 2019. “Intellectual capital efficiency and organisational performance: In the context of the pharmaceutical industry in Bangladesh.” Journal of Intellectual Capital 20(6): 784–806.
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Curado, Carla, dan Nick Bontis. 2006. “The knowledge-based view of the firm and its theoretical precursor.” International Journal of Learning and Intellectual Capital 3(4): 367–81.
Fahmi, Irham. 2020. Analisis Laporan Keuangan. Bandung: Alfabeta.
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Kartika Dewi, Ni Putu Ira, dan Nyoman Abundanti. 2019. “PENGARUH LEVERAGE DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI VARIABEL MEDIASI.” E-Jurnal Manajemen Universitas Udayana 8(5): 3028. https://ejurnal.stimi-bjm.ac.id.
Kasmir. 2018. Analisis Laporan Keuangan. Jakarta: Rajawali Pers.
Kristianti, Ika Puspita. 2018. “Analisis Pengaruh Struktur Modal , Likuiditas ,.” Jurnal Akuntansi Dewantara 2(1): 56–68.
Kristiawan, Albertus Surya, dan Deden Dinar Iskandar. 2020. “Analisis Pengaruh Produk Domestik Bruto, ICT Development Index Dan Good Governance Terhadap Indeks Pembangunan Manusia Anggota ASEAN Dan SAARC Kategori Lower-Upper Medium.” JURNAL DINAMIKA EKONOMI PEMBANGUNAN 3(2): 140–56. https://ejournal.undip.ac.id/index.php/dinamika_pembangunan/article/view/35317.
Laela, Rika Hafsoh, dan Hendratno. 2019. “Pengaruh Current Ratio, Debt to Equity Ratio dan Total Asset Turnover Terhadap Return On Asset.” Jurnal Akuntansi, Audit dan Sistem Informasi Akuntansi 3(1): 120–31. http://openjurnal.unmuhpnk.ac.id/index.php/jp/article/view/1255.
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Moeheriono. 2014. Pengukuran Kinerja Berbasis Kompetensi. Jakarta: Rajawali Pers.
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Published
2023-10-21
How to Cite
MURSYIDAH, Faizah; SALEH, Suji Abdullah.
The Influence of Intellectual Capital, Capital Structure, Company Size, and Company Age on Agribusiness Financial Performance.
SAR (Soedirman Accounting Review) : Journal of Accounting and Business, [S.l.], v. 8, n. 2, p. 146-161, oct. 2023.
ISSN 2598-0718.
Available at: <https://jos.unsoed.ac.id/index.php/sar/article/view/9006>. Date accessed: 14 mar. 2025.
doi: https://doi.org/10.32424/1.sar.2023.8.2.9006.
Section
Articles
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