Abstract-In knowledge-based economy, intellectual capital is the most important resources. Thus, investment in intellectual capital is crucial in order to increase firm performance and market value. This will contribute to economic growth of a country. This study is among the earliest study that examine the effect of managerial ownership on the relationship between intellectual capital performance and firm value. This study applied Pulic's Value Added Intellectual Coefficient method as the efficiency measure for measuring intellectual capital performance. The results showed the non-significant non-linear effect of managerial ownership on the relationship between intellectual capital performance and firm value.Index Terms-Intellectual capital performance, firm value.