Efek Mediasi Profitabilitas: Modal Intelektual, Diversifikasi Pendapatan dan Nilai Perusahaan

This study aims to examine and analyze the effect of intellectual capital and income diversification on firm value mediated by profitability. This study uses secondary data from annual reports on banks listed on the Indonesia Stock Exchange in 2013-2018. There are 30 banking samples in this study based on established criteria (purposive sampling). Data analysis using the WarpPLS 6.0 program. The results shows that intellectual capital had a positive effect on profitability and on company value, income diversification had a negative effect on profitability, while it was found to have no effect on company value, profitability had a positive effect on company value, intellectual capital had an indirect effect on firm value mediated by profitabilit with partial mediation, while mediation is not supported by the indirect effect of Diversification of Revenue on Company Value

Influence of intellectual capital, income diversification on firm value of companies with profitability mediation: Indonesian banking

This study aims to examine and analyze the effect of intellectual capital and income diversification on firm value mediated by profitability. This study uses secondary data from annual reports on banks listed on the Indonesia Stock Exchange in 2013-2018. There are 36 banks as a population, but only 30 banking samples in this study based on established criteria (purposive sampling) with 180 total observations. Data analysis using the WarpPLS 6.0 program. The results showed that intellectual capital had a positive effect on profitability and on firm value, income diversification had a negative effect on profitability, while it was found to have no effect on firm value, profitability had a positive effect on firm value, intellectual capital had an indirect effect on firm value mediated by profitabilit with partial mediation, while mediation is not supported by the indirect effect of Income Diversification on Firm Value. The results of this study can be used as material for consideration in investment decisions for investors, as well as to determine the amount of company value influenced by intellectual capital and income diversification so that it can define a competitive strategy for the company and serve as empirical evidence for further research development regarding intellectual capital, income diversification, profitability, and company value

Analisis intellectual capital dan income diversification terhadap nilai perusahaan dengan profitabilitas sebagai variabel intervening: Studi pada perbankan yang terdaftar di BEI Periode 2013-2018

INDONESIA: Deregulasi perbankan dengan pergeseran kegiatan tradisional bank menuju non-trandisional menyebabkan kegiatan bank tidak hanya sebagai lembaga intermediary, namun juga dengan kegiatan untuk meningkatkan pendapatan non bunga atau dengan kata lain melakukan diversifikasi pendapatan. Diversifikasi pendapatan dapat meningkatkan pendapatan bagi bank dan profitabilitas. Pada era bisnis berbasis pengetahuan (knowledge based business) pengelolaan potensi yang dimiliki perusahaan untuk menciptakan value added dapat mempengaruhi profitabilitas perusahaan. Diversifikasi pendapatan dan pengelolaan modal intelektual juga dapat digunakan untuk menciptakan nilai bagi perusahaan. Penelitian ini bertujuan untuk menguji dan menganalisis pengaruh modal intelektual dan diversifikasi pendapatan terhadap nilai perusahaan dengan dimediasi oleh profitabilitas. Penelitian ini menggunakan pendekatan kuantitatif deskriptif dengan data sekunder laporan tahunan pada perbankan yang terdaftar di BEI tahun 2013-2018. Terdapat 30 perbankan menjadi sampel dalam penelitian ini berdasarkan kriteria yang ditetapkan (purposive sampling). Analisis data dilakukan dengan analisis jalur (path analysis) menggunakan program WarpPLS 6.0. Hasil penelitian menunjukkan bahwa Modal intelektual berpengaruh positif terhadap Profitabilitas maupun terhadap Nilai Perusahaan, dimana pemanfaatan modal intelektual dengan baik dapat meningkatkan profitabilitas dan berperan dalam penciptaan nilai (value creation) bagi perusahaan. Diversifikasi Pendapatan berpengaruh negatif terhadap Profitabilitas, sedangkan ditemukan tidak berpengaruh terhadap Nilai Perusahaan. Pendapatan non bunga bank pada bank yang melakukan diversifikasi tidak dapat menutupi biaya bunga yang ditanggung. Profitabilitas berpengaruh positif terhadap Nilai Perusahaan, dimana profitabilitas dapat menjadi sinyal dalam pembentukan nilai. Modal Intelektual berpengaruh secara tidak langsung terhadap Nilai Perusahaan dimediasi oleh Profitabilitas secara parsial (partial mediation), sedangkan mediasi tidak didukung pada pengaruh tidak langsung Diversifikasi Pendapatan terhadap Nilai Perusahaan. ENGLISH: Banking deregulation with a shift in traditional banking activities towards non-traditional causes bank activities not only as an intermediary institution but also with activities to increase non-interest income or in other words, diversify income. Income diversification can increase revenue for the bank and profitability. In the era of knowledge-based business, the management of the company's potential to create value-added can affect the company's profitability. Income diversification and intellectual capital management can also be used to create value for the company. This study aims to examine and analyze the effect of intellectual capital and income diversification on firm value mediated by profitability. This study uses a descriptive quantitative approach with secondary data on annual reports on banks listed on the IDX in 2013-2018. There were 30 banks sampled in this study based on the criteria set (purposive sampling). Data analysis was performed using path analysis using the WarpPLS 6.0 program. The results of this study show that intellectual capital has a positive effect on profitability and on firm value, where the proper use of intellectual capital can increase profitability and play a role in value creation for the company. Income diversification has a negative effect on profitability, while it is found that it does not affect firm value. Non-interest income from banks that diversify cannot cover interest costs incurred. Profitability has a positive effect on Firm Value, where profitability can be a signal in value formation. Intellectual Capital has an indirect effect on Firm Value mediated by profitability partially (partial mediation), while mediation is not supported by the indirect effect of Income Diversification on Firm Value

Influence Of Intellectual Capital, Income Diversification on Firm Value Of Companies With Profitability Mediation: Indonesian Banking

This study aims to examine and analyze the effect of intellectual capital and income diversification on firm value mediated by profitability. This study uses secondary data from annual reports on banks listed on the Indonesia Stock Exchange in 2013-2018. There are 30 banking samples in this study based on established criteria (purposive sampling). Data analysis using the WarpPLS 6.0 program. The results showed that intellectual capital had a positive effect on profitability and on firm value, income diversification had a negative effect on profitability, while it was found to have no effect on firm value, profitability had a positive effect on firm value, intellectual capital had an indirect effect on firm value mediated by profitabilit with partial mediation, while mediation is not supported by the indirect effect of Income Diversification on Firm Value