Article Sidebar

Download
PDF
Statistic
Read Counter : 161 Download : 174

Main Article Content

Abstract

The primary aim of this study is to investigate how capital structure and intellectual capital affect the financial performance of banking institutions that are publicly traded on the Indonesia Stock Exchange over the period from 2018 to 2022. The research employed a purposive sampling approach to select its sample, resulting in the collection of 180 data observations from 36 companies over a five-year span. The analysis in this study was conducted using multiple linear regression techniques, utilizing IBM SPSS software for the analysis. The research findings indicate that capital structure does not exert a substantial impact on financial performance. In contrast, intellectual capital exhibits a notably positive influence on financial performance.

Keywords

Intellectual Capital Capital Structure Financial Performance

Article Details

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite
Ikbal, A., & Abdullah. (2023). The Influence of Intellectual Capital, and Capital Structure on Financial Performance. Ilomata International Journal of Tax and Accounting, 4(4), 913-927. https://doi.org/10.52728/ijtc.v4i4.959

References

  1. Andriana, D. (2014). Pengaruh Intellectual Capital Terhadap Kinerja Keuangan Perusahaan (Studi pada Perusahaan Pertambangan dan Manufaktur yang Terdaftar di Bursa Efek Indonesia 2010-2012. Jurnal Riset Akuntansi Dan Keuangan, 2(1), 251–260.
  2. Asfarawenti, S., & Saiful, S. (2019). Intellectual capital and performance of Indonesian Islamic and conventional banks. Pressacademia, 6(3), 149–157. https://doi.org/10.17261/pressacademia.2019.1116
  3. Azis, A., & Hartono, U. (2017). Pengaruh Good Corporate Governance, Struktur Modal, Dan Leverage Terhadap Kinerja Keuangan Perusahaan Pada Sektor Pertambangan Yang Terdaftar Di Bursa Efek Indonesia Tahun 2011-2015. Jurnal Lmu Manajemen, 5(3), 1–13.
  4. Bellucci, M., Marzi, G., Orlando, B., & Ciampi, F. (2021). Journal of Intellectual Capital: a review of emerging themes and future trends. Journal of Intellectual Capital, 22(4), 744–767. https://doi.org/10.1108/JIC-10-2019-0239
  5. Brigham, F. E., & Houston, J. H. (2019). Dasar-dasar Manajemen Keuangan (S. Empat, Ed.).
  6. Budiman, H. (2014). Pengaruh Profitabilitas, Likuiditas dan Struktur Aktiva Terhadap Struktur Modal Perusahaan Perbankan Yang Terdaftar di BEI Tahun 2008-2012. Skripsi. Universitas Bengkulu.
  7. Cindiyasari, S. A., Junarsin, E., Mada, U. G., & Septiani, E. (2023). Does Intellectual Capital Affect Financial Performance? An Empirical Evidence from Financial Companies in Indonesia. 1888–1898. https://doi.org/10.46254/ap03.20220322
  8. Devi, B. E., Khairunnisa, & Budiono, E. (2017). Pengaruh Intellectual Capital Terhadap Kinerja Keuangan Perusahaan (Studi Kasus Pada Perusahaan Elektronik , Otomotif dan Komponen yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2011-2015. E-Proceeding of Management, 4(1), 491–500.
  9. Farih, R. (2010). Pengaruh intellectual capital terhadap kinerja keuangan perusahaan perbankan. In Jurnal Tentang Intellectual Capital. Fakultas Ekonomi Universitas Jendral Sudirman.
  10. Habibah, B. N., & Riharjo, I. B. (2016). engaruh Intellectual Capital terhadap Kinerja Keuangan pada Perusahaan Manufaktur. Jurnal Ilmu Dan Riset Akuntansi, 5(7), 1–16.
  11. Harjito, A., & Martono, S. U. (2014). Manajemen keuangan. Ekonosia Fakultas Ekonomu UI.
  12. Irsyahma, A. (2016). Intellectual Capital , Firm Value , and Financial Performance. Afebi Accounting Review, 1(01), 29–43. http://afebi.org/journal/index.php/aar/article/view/24
  13. Isbanah, Y. (2015). PENGARUH ESOP, LEVERAGE, AND UKURAN PERUSAHAAN TERHADAP KINERJA KEUANGAN PERUSAHAAN DI BURSA EFEK INDONESIA. Jurnal Riset Ekonomi Dan Manajemen, 15, 28. https://doi.org/10.17970/jrem.15.150103.ID
  14. Komara, A., Hartoyo, S., & Andati, T. (2016). Analisis Pengaruh Struktur Modal Terhadap Kinerja Perusahaan Pada Perusahaan Otomotif. Jurnal Keuangan Dan Perbankan, 20(1), 10–21.
  15. Marietza, F., & Simbolon, N. K. (2021). Pengaruh Inovasi Produk Dan Sosial Media Terhadap Kinerja Keuangan Perusahaan. EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi Dan Bisnis, 9(2), 283–298. https://doi.org/10.37676/ekombis.v9i2.1388
  16. Nikmah, N., & Apriyanti, H. (2019). Pengaruh Intellectual Capital Terhadap Kinerja Keuangan Perusahaan Manufaktur Di Bursa Efek Indonesia. Jurnal Akuntansi, 6(1), 53–74. https://doi.org/10.33369/j.akuntansi.6.1.53-74
  17. Ningsih, S., & Utami, W. B. (2020). Pengaruh Operating Leverage dan Struktur Modal terhadap Kinerja Keuangan pada Perusahaan Go Publik Sektor Property Dan Real Estate. Jurnal Akuntansi Dan Pajak, 20(2). https://doi.org/10.29040/jap.v20i2.754
  18. Nurhaliza, S. (2022). The Effects of Corporate Governance, Intellectual Capital and Company Size on Financial Performance in Manufacturing Companies Lister on the Indonesia Stock Exchange for the Period of 2017-2021 in the Consumer Goods Industry Sector. International Journal of Current Science Research and Review, 05(09), 3681–3691. https://doi.org/10.47191/ijcsrr/v5-i9-49
  19. Oktaviyana, D., Titisari, K. H., & Kurniati, S. (2023). Pengaruh Leverage, Likuiditas, Struktur Modal Dan Ukuran Perusahaan Terhadap Kinerja Keuangan. Journal of Economic, Bussines and Accounting (COSTING, 6(2), 1563–1573. https://doi.org/10.31539/costing.v6i2.5444
  20. Pulic, A. (1998). Measuring the performance of intellectual potential in the knowledge economy. In The 2nd" World Congress on the Management of Intellectual Capital" (pp. 1–20).
  21. Pulic, A. (2004). Intellectual capital – does it create or destroy value? Measuring Business Excellence, 8, 62–68. https://doi.org/10.1108/13683040410524757
  22. Ramírez, Y., Tejada, Á., & Sánchez, M. P. (2022). Determinants of online intellectual capital disclosure by Spanish local governments. Journal of Intellectual Capital, 23(2), 249–289. https://doi.org/10.1108/JIC-03-2020-0086
  23. Ritonga, S. A., Effendi, I., & Prayudi, A. (2021). Pengaruh Struktur Modal Terhadap Kinerja Keuangan Perusahaan Consumer Goods di BEI. Jurnal Ilmiah Manajemen Dan Bisnis (JIMBI, 2(2), 86–95. https://doi.org/10.31289/jimbi.v2i1.383
  24. Setiawan, R., & Prawira, B. Y. (2018). Intellectual Capital and the Performance of Manufacturing Companies in Indonesia. JMM UNRAM. MASTER OF MANAGEMENT JOURNAL, 7(3 SE-Articles), 13–28. https://doi.org/10.29303/jmm.v7i3.312
  25. Tambunan, J. T. A. dan B. P. (2018). Pengaruh ukuran perusahaan, leverage dan struktur modal terhadap kinerja keuangan perusahaan (studi pada perusahaan manufaktur sektor aneka industri tahun 2012-2016. Diponegoro Journal of Social and Politic, 7, 1–10. http://ejournal-s1.undip.ac.id/index.php/
  26. Ting, I., Ren, C., Chen, F.-C., & Kweh, Q. L. (2020). Interpreting the dynamic performance effect of intellectual capital through a value-added-based perspective. Journal of Intellectual Capital. https://doi.org/10.1108/JIC-05-2019-0098
  27. Ulum, I. (2013). Intellectual Capital corner | Resource-Based Theory (RBT.
  28. Ulum, I. (2017). Intellectual Capital (Model Pengukuran, Framework Pengungkapan, dan Kinerja Organisasi.
  29. Ulum, I., Ghozali, I., & Chariri, A. (2008). Intelectual Capital dan Kinerja Keuangan : Suatu Analisis dengan Pendekatan Partial Least Square.
  30. Umdiana, N., & Claudia, H. (2020). Struktur Modal Melalui Trade Off Theory. https://doi.org/10.30656/jak.v7i1.1930
  31. Wang, C. H., & Juo, W.-J. (2021). An environmental policy of green intellectual capital: Green innovation strategy for performance sustainability. Business Strategy and the Environment, 30(7), 3241–3254. https://doi.org/10.1002/bse.2800
  32. Wardani D. K., & Christiyanti H. (2018). PENGARUH STRUKTUR ASET DAN STRUKTUR MODAL TERHADAP CASH FLOW SHOCK. AKUNTANSI DEWANTARA, 2(2 SE-Artikel), 124–134. https://doi.org/10.26460/ad.v2i2.2583
  33. Wardani, W. K., Widodo, E., & Idris, A. (2023). PENGARUH DEBT TO ASSET RATIO DAN DEBT TO EQUITY RATIO TERHADAP RETURN ON EQUITY PADA PERUSAHAAN SUB SEKTOR TELEKOMUNIKASI YANG TERDAFTAR DI BURSA EFEK INDONESIA.
  34. Wijayanti, P. (2011). Pengaruh Intellectual Capital terhadap Harga Saham melalui Kinerja Keuangan pada Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia pada Tahun 2009-2011 (Vol. 11, Issue 2, pp. 10–14). https://doi.org/10.16194/j.cnki.31-1059/g4.2011.07.016
  35. Yuniasih, N. W., Wirama, D. G., & Badera, I. D. N. (2011). Pengaruh Modal Intelektual Pada Kinerja Pasar Perusahaan (Studi Empiris Pada Perusahaan Keuangan Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Ilmiah Akuntansi Dan Bisnis, 6(2), 1–24.