TY  - JOUR
TT  - Reconstruction of Financial Performance to Manage Gapbetween Value Added Intellectual Coefficient (VAICTM) andValue of Company in Banking Company Listed in IndonesiaStock Exchange
AU  - Ermawati, Yana
AU  - Noch, Muhamad Yamin
AU  - Zakaria, -
AU  - Ikhsan, Arfan
AU  - Khaddafi, Muammar
PY  - 2017
DA  - December
JF  - International Journal of Economics and Financial Issues
JO  - IJEFI
PB  - İlhan ÖZTÜRK
WT  - DergiPark
SN  - 2146-4138
SP  - 537
EP  - 549
VL  - 7
IS  - 4
KW  - Value Added Intellectual Coefficient
KW  - Financial Performance (Return on Asset)
KW  - Company Value (Market to Book Value)
KW  - Analysis
Moment of Structure
N2  - 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.
UR  - http://dergipark.org.tr/tr/pub/ijefi/issue//353594
L1  - http://dergipark.org.tr/tr/download/article-file/364629
ER  -