Pengaruh Modal Intelektual Beserta Komponennya Terhadap Nilai Pasar Perusahaan

Abstract

This study aims to test the Intellectual Capital Influence on Stock Return and Market Value of the company. The population of this study is a manufacturing company in Indonesia Stock Exchange (IDX) during the period 2013-2015. Sampling technique used in this research is purposive sampling technique and obtained a sample of 50 companies with total data of 150. The results of this study can be concluded that intellectual capital (VAIC) and its components are VACA, and STVA positively affects the value of the company, only VAHU which has no significant positive effect on firm value