Reconstruction of Financial Performance to Manage Gap between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange

Volume: 7 Number: 4 December 1, 2017
  • Yana Ermawati
  • Muhamad Yamin Noch
  • - Zakaria
  • Arfan Ikhsan
  • Muammar Khaddafi
International Journal of Economics and Financial Issues Cover
International Journal of Economics and Financial Issues
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Reconstruction of Financial Performance to Manage Gap between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange

Abstract

This study aims to analyze the effect of Value Added Intellectual Coefficient (VAIC™) on value of company (MtBV) and financial performance (ROA) as mediating variable. This study used Value Added Intellectual Coefficient (VAIC™) to measure the efficiency of three components i.e. Value Added Capital Employed (VACA), Value Added Human Capital (VAHU), and Structural Capital Value Added (STVA). This study is a quantitative research using 20 banking companies listed in Indonesia Stock Exchange (BEI) as samples. Data were analyzed using path analysis with AMOS program version 22. The results of this study indicate that the Value Added Intellectual Coefficient (VAIC™) has positive and significant effect on financial performance (ROA), but it has immediate positive and non-significant effect on company value (MtBV). Furthermore, it can be proven that VAIC™ has indirect positive and significant effect on MtBV with ROA as a mediating variable.

Keywords

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Yana Ermawati This is me

Muhamad Yamin Noch This is me

- Zakaria This is me

Arfan Ikhsan This is me

Muammar Khaddafi This is me

Publication Date

December 1, 2017

Submission Date

December 1, 2017

Acceptance Date

-

Published in Issue

Year 2017 Volume: 7 Number: 4

IZ

https://izlik.org/JA37FW95SF

Cite

RIS / Bibtex
APA
Ermawati, Y., Noch, M. Y., Zakaria, -, Ikhsan, A., & Khaddafi, M. (2017). Reconstruction of Financial Performance to Manage Gap between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange. International Journal of Economics and Financial Issues, 7(4), 537-549. https://izlik.org/JA37FW95SF
AMA
1.Ermawati Y, Noch MY, Zakaria, Ikhsan A, Khaddafi M. Reconstruction of Financial Performance to Manage Gap between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange. IJEFI. 2017;7(4):537-549. https://izlik.org/JA37FW95SF
Chicago
Ermawati, Yana, Muhamad Yamin Noch, - Zakaria, Arfan Ikhsan, and Muammar Khaddafi. 2017. “Reconstruction of Financial Performance to Manage Gap Between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange”. International Journal of Economics and Financial Issues 7 (4): 537-49. https://izlik.org/JA37FW95SF.
EndNote
Ermawati Y, Noch MY, Zakaria -, Ikhsan A, Khaddafi M (December 1, 2017) Reconstruction of Financial Performance to Manage Gap between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange. International Journal of Economics and Financial Issues 7 4 537–549.
IEEE
[1]Y. Ermawati, M. Y. Noch, - Zakaria, A. Ikhsan, and M. Khaddafi, “Reconstruction of Financial Performance to Manage Gap between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange”, IJEFI, vol. 7, no. 4, pp. 537–549, Dec. 2017, [Online]. Available: https://izlik.org/JA37FW95SF
ISNAD
Ermawati, Yana - Noch, Muhamad Yamin - Zakaria, - - Ikhsan, Arfan - Khaddafi, Muammar. “Reconstruction of Financial Performance to Manage Gap Between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange”. International Journal of Economics and Financial Issues 7/4 (December 1, 2017): 537-549. https://izlik.org/JA37FW95SF.
JAMA
1.Ermawati Y, Noch MY, Zakaria -, Ikhsan A, Khaddafi M. Reconstruction of Financial Performance to Manage Gap between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange. IJEFI. 2017;7:537–549.
MLA
Ermawati, Yana, et al. “Reconstruction of Financial Performance to Manage Gap Between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange”. International Journal of Economics and Financial Issues, vol. 7, no. 4, Dec. 2017, pp. 537-49, https://izlik.org/JA37FW95SF.
Vancouver
1.Yana Ermawati, Muhamad Yamin Noch, - Zakaria, Arfan Ikhsan, Muammar Khaddafi. Reconstruction of Financial Performance to Manage Gap between Value Added Intellectual Coefficient (VAICTM) and Value of Company in Banking Company Listed in Indonesia Stock Exchange. IJEFI [Internet]. 2017 Dec. 1;7(4):537-49. Available from: https://izlik.org/JA37FW95SF