Company Value: The Effect of Intellectual Capital, Information Transparency, and Company Size
DOI:
https://doi.org/10.17509/jaset.v16i1.67209Keywords:
Company value, Intellectual capital, Company size, Information transparencyAbstract
This research aims to analyze the relationship between
intellectual capital (IC), information transparency, company
size, and company value in banking companies listed on the
Indonesia Stock Exchange (IDX) from 2018 to 2022. This
research uses quantitative methods and panel data
regression using Eviews 12 to test the relationship between
research variables. The sampling technique was carried out
using a purposive sampling method to obtain forty
companies as research samples. The results of this research
show that intellectual capital has a positive effect on
company value, this shows that increasing intellectual capital
(IC) can increase company value. The company value is not
affected by information transparency. The company value is
not affected by the size of the company. The information
asymmetry between investors and managers explains a
relationship between company value and signal theory.
Companies with high intellectual capital have a competitive
advantage in attracting investors' attention and can increase
company value. The implications of this research are shown
to companies, investors, and future researchers. This
research provides new insight into the relationship between
the influence of intellectual capital (IC), information
transparency, and company size on company value in
banking companies listed on the Indonesia Stock Exchange
from 2018 to 2022.
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