Authors :
M. Noor Salim; Sudjono; Marini Bekti Noviati
Volume/Issue :
Volume 8 - 2023, Issue 2 - February
Google Scholar :
https://bit.ly/3IIfn9N
Scribd :
https://bit.ly/3XIOmdy
DOI :
https://doi.org/10.5281/zenodo.7654054
Abstract :
The objective of this study to analyze the impact
of intellectual capital, institutional ownership, capital
structure toward the firm value mediated by the
profitability. This study performed at food and beverages
companies which registered on the IDX between 2018 to
2021. A total of 17 company samples were obtained
through a purposive sampling method. This study used
panel data regression analysis using Eviews 12 program.
The outcomes of this study found that intellectual capital,
capital structure and profitability effect toward the firm
value. However, institutional ownership doesn’t affect
toward the firm value. Furthermore, intellectual capital
and institutional ownership affect toward the firm value
mediated by profitability. Meanwhile, capital structure
doesn’t affect toward the firm value mediated by the
profitability.
Keywords :
Firm Value, Intellectual Capital, Institutional Ownership, Capital Structure, Profitability
The objective of this study to analyze the impact
of intellectual capital, institutional ownership, capital
structure toward the firm value mediated by the
profitability. This study performed at food and beverages
companies which registered on the IDX between 2018 to
2021. A total of 17 company samples were obtained
through a purposive sampling method. This study used
panel data regression analysis using Eviews 12 program.
The outcomes of this study found that intellectual capital,
capital structure and profitability effect toward the firm
value. However, institutional ownership doesn’t affect
toward the firm value. Furthermore, intellectual capital
and institutional ownership affect toward the firm value
mediated by profitability. Meanwhile, capital structure
doesn’t affect toward the firm value mediated by the
profitability.
Keywords :
Firm Value, Intellectual Capital, Institutional Ownership, Capital Structure, Profitability
