Research Paper
Year: 2020 | Month: January | Volume: 7 | Issue: 1 | Pages: 474-479
The Influence of Intellectual Capital and Rate of Growth of Intellectual Capital on Financial Performance in Financial Institution Sub-Sector Companies on the Indonesia Stock Exchange
Indah Sary Sakinah1, Isfenti Sadalia2, Amlys Syahputra Silalahi2
1Postgraduate Students at Universitas Sumatera Utara, Indonesia
2Postgraduate Lecturer at Universitas Sumatera Utara, Indonesia
Corresponding Author: Indah Sary Sakinah
ABSTRACT
The purpose of this study is to examine the effect of intellectual capital and rate of growth of intellectual capital (ROGIC) on financial performance on financial performance in Financial Institution Sub-Sector Companies on the Indonesia Stock Exchange. Variable independent on this research are intellectual capital and rate of growth of intellectual capital (ROGIC) while the independent variable sectors are financial performance. This type of research is quantitative research. The data in this research are secondary data which are the annual financial statements of each company from 2014 to 2018, and the data collection methods use the documentation method. Hypothesis testing was tested using the significance of 10% because it had gone through the first difference. The number of companies in this research consisted of 13 companies in the Financial Sector in the Indonesian Stock Exchange and a total of 52 data. Hypothesis testing in this study uses t-test and F test. The results of this research have shown that the influence of intellectual capital has a significant positive effect on financial performance (ROA and ATO) and rate of growth of intellectual capital (ROGIC) has no effect on financial performance (ROA) and has a significant positive effect on financial performance (ATO). The simultaneous intellectual capital and rate of growth of intellectual capital (ROGIC) have an effect on financial performance (ROA and ATO).
Keywords: HIntellectual Capital, Rate of Growth of Intellectual Capital, Financial Performance
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