Analisis Pengaruh Intellectual Capital Terhadap Kinerja Keuangan Perusahaan Industri Jasa (Non-Keuangan) Yang Terdaftar Di Bursa Efek Indonesia Tahun 2010-2013

Abstract

Abstrak Penelitian ini bertujuan untuk menganalisis pengaruh intellectual capital terhadap kinerja keuangan. Variabel bebas dalam penelitian ini adalah intellectual capital yang diukur dengan Value Added Intellectual Capital (VAICTM) dan variabel terikatnya adalah kinerja keuangan yang diukur dari Return on Assets (ROA), Return on Equity (ROE), Assets Turnover (ATO), serta Growth Revenue (GR). Penelitian ini dilakukan dengan menerapkan teknik purposive sampling pada perusahaan jasa non-keuangan yang terdaftar di Bursa Efek Indonesia pada tahun 2010-2013 yang terdiri dari 33 perusahaan dari sektor Property, Real Estate and Building Construction; 7 perusahaan dari sektor Infrastructure, Utilities & Transportation; dan 44 perusahaan dari sektor Trade, Service & Investment. Metode penelitian yang digunakan adalah deskriptif verifikatif dengan teknik analisis data yaitu regresi data panel. Hasil penelitian ini menunjukkan bahwa intellectual capital berpengaruh signifikan terhadap ROA dan ROE dalam ketiga sektor, tetapi secara signifikan hanya mempengaruhi ATO di sektor Property, Real Estate and Building Construction, serta Sektor Infrastructure, Utilities & Transportation. Intellectual capital juga secara signifikan mempengaruhi GR hanya di sektor Property, Real Estate and Building Construction saja. Kata kunci: Intellectual Capital, Value Added Intellectual Capital (VAICTM), Kinerja Keuangan, Regresi Data Panel Abstract This study aims to analyze the influence of intellectual capital on the financial performance. Intellectual capital is the independent variable which is represented by the Value Added Intellectual Capital (VAICTM) and financial performance is the dependent variable which is measured by Return on Assets (ROA), Return on Equity (ROE), Assets Turnover (ATO), and Growth Revenue (GR). This study is conducted by applying purposive sampling technique on non-financial-service companies those are listed in the Indonesia Stock Exchange within 2010- 2013 which consist of 33 companies of Property, Real Estate, and Building Construction Sector; 7 companies of Infrastructure, Utilities, and Transportation Sector; and 44 companies of Trade, Services, and Investment Sector. It is a descriptive-verificative-study with a panel-data-regression as the analysis technique. The results of this study show that intellectual capital significantly influences ROA and ROE in the three sectors, but it significantly effects ATO only in Property, Real Estate and Building Construction Sector and Infrastructure, Utilities & Transportation Sector. Intellectual capital also significantly influences GR only in Property, Real Estate and Building Construction Sector. Keywords: Intellectual Capital, Intellectual Capital Value Added (VAICTM), Financial Performance