THE ROLE OF INTELLECTUAL CAPITAL AND PROFITABILITY IN THE RELATIONSHIP BETWEEN GOOD CORPORATE GOVERNANCE AND FIRM VALUE

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This study aims to examine the effect of Good Corporate Governance on firm value with
profitability and intellectual capital as intervening. Firm value reflects investor confidence
regarding the company’s current position and optimism for the company’s future growth. Good
Corporate Governance, Profitability, and Intellectual Capital are predicted to be factors which
affect the firm value. The research data in the form of secondary data obtained from annual
reports and financial reports published by the IDX and models similar to Hatane (2019) and
Gwenda (2013) are used to examine the effect of Good Corporate Governance in companies.
It was found that Good Corporate Governance has an effect on profitability, intellectual capital,
and firm value, and profitability has an effect on firm value, but intellectual capital has not
been able to increase firm value. This research contributes to the understanding of the concept
ofGoodCorporateGovernancewithascoringsystemandtherelationshipbetween
Profitability, Intellectual Capital, Firm Value and Corporate Governance. This finding provides
empirical support for the previous theory that effective Corporate Governance plays an
important role in increasing Profitability, Intellectual Capital and Firm Value.

Keywords:Intellectual Capital, Profitability, Good Corporate Governance, Firm Value

Kategori : Jurnal Internasional
Nama Jurnal : Talent Development & Excellence
ISSN :
Volume : 12
Nomor : 1
Halaman : 4924 s/d 4935
Tahun : 2020
Peneliti : Indri Kartika,, Adelia Sandra, Erlina, Iskandar Muda
Diunggah Tanggal : Rabu, 2022-07-27