The Role of Intellectual Capital and Management Ownership on Financial Performance

I. Fitriani, M. Ridho
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Abstract

This study aims to analyze the effect of intellectual capital and managerial ownership on financial performance. The research was conducted in the information technology sector that was listed on the Indonesia Stock Exchange in 2010-2015. This research uses quantitative verification method and regression to analyzed. Intellectual capital is measured by value added intellectual capital developed by Pulic [1]. Managerial ownership is the percentage of share ownership by management. The results showed that both partially and simultaneously the intellectual capital and management ownership had a positive effect on financial performance by 35.7%. Keywords—intellectual capital management ownership; financial performance
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智力资本和管理层所有权对财务绩效的影响
本研究旨在分析智力资本和管理层持股对财务绩效的影响。该研究是在2010-2015年在印度尼西亚证券交易所上市的信息技术部门进行的。本研究采用定量验证法和回归分析法进行分析。智力资本是通过public开发的增值智力资本来衡量的[1]。管理层持股是指管理层持有的股份比例。结果表明,智力资本和管理层持股对财务绩效的正向影响分别为部分正向和同时正向,影响幅度为35.7%。关键词:智力资本管理;所有权;财务业绩
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