Komponen Intellectual Capital Sebagai Prediktor Nilai Perusahaan Melalui Reputasi

Abstract

The aim of this study is to investigate the impact of intellectual capital components on firm value mediated by firm reputation. This study uses secondary data, namely the annual report and Corporate Image Index (CII) published by Frontier Consulting Group. The population in this study are banking companies listed on the Indonesia Stock Exchange which have a CII score consecutively during 2013-2021 period. This study uses path analysis. The results of this study indicate that human capital has a positive and significant influence on firm reputation and firm value. Capital employed has a positive but not significant effect on firm reputation and firm value. Structural capital has a negative but not significant effect on firm reputation. Structural capital has a positive but not significant effect on firm value. Firm reputation has a positive and significant influence on firm value. Firm reputation mediates the influence of human capital on firm value with partial mediation type. Firm reputation does not succeed in mediating the influence of capital employed and structural capital on firm value.This study aims to explore how business reputation acts as a mediating factor between the impact of intellectual capital components on firm value. The yearly report and Corporate Image Index (CII) released by Frontier Consulting Group are the primary sources of secondary data used in this study. The banking companies that are listed on the Indonesia Stock Exchange and have a consistent CII score from 2013 to 2021 comprise the study's population. Path analysis is used in this research. The study's findings show that corporate reputation and firm value are positively and significantly impacted by its human capital. The corporate reputation and firm value are positively, but not significantly, impacted by the capital employed. Firm reputation is negatively, albeit not significantly, impacted by structural capital. Firm value is positively, although not significantly, impacted by structural capital. Firm value is positively and significantly impacted by a company's reputation. The impact of human capital on corporate value is partially mediated by firm reputation. Reputation of the firm is unable to mediate the impact of structural and employed capital on firm value.