The Role of Return on Assets on the Effect of Value Added Capital Employed towards Business Growth
- 10.2991/aicar-18.2019.17How to use a DOI?
- business growth; moderating regression of panel data; return on assets; value added capital employed
Previous studies show the testing of return on asset and other variables using the same measurement period, have not given significant empirical result. Therefore, this research takes a crack at the using different measurement period of return on assets. This research aims to investigate whether return on assets in previous period is moderating the influence of value added capital employed towards business growth. A total of 261 observations were used to assess overall fit of the tested model and test hypotheses using moderating regression of panel data. The findings show that using the fixed effects model of panel data, one of intellectual capital element, the value added capital employed, is weakened by return on assets in previous period in influencing business growth. Knowing the importance of strengthen/weakened value added capital employed can help companies focus on what business growth the most.
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Ari Purwanti PY - 2019/02 DA - 2019/02 TI - The Role of Return on Assets on the Effect of Value Added Capital Employed towards Business Growth BT - Proceedings of the 5th Annual International Conference on Accounting Research (AICAR 2018) PB - Atlantis Press SP - 76 EP - 78 SN - 2352-5428 UR - https://doi.org/10.2991/aicar-18.2019.17 DO - 10.2991/aicar-18.2019.17 ID - Purwanti2019/02 ER -