Intangible Assets, Research & Development Intensity, and Firm Value with Firm Performance as an Intervening Variable
- https://doi.org/10.2991/aebmr.k.210416.002How to use a DOI?
- Intangible assets, intensity of research & development, firm value, financial performance
The company continues to strive to increase value in order to compete with other companies. These competitive advantages can be formed by the ownership of intangible assets of the company. Intangible asset investment is very important for the company’s continued growth and value. In addition to intangible assets, research and development conducted by companies can also increase the value of the company. The intensity of research & development is the discovery of insights and knowledge of new products and processes that can meet the needs of the community. The purpose of the research is to examine the direct effect of intangible assets and the intensity of research and development on firm value and the indirect effect through financial performance. This research was conducted on all companies listed on the Indonesia Stock Exchange in 2018. The data analysis method in this study is path analysis using SPSS. The results showed that intangible assets had no effect on financial performance and firm value, the intensity of research & development had a positive effect on financial performance but had no effect on firm value, and financial performance was proven to have no effect on mediating the relationship between intangible assets and the intensity of research & development on firm value.
- © 2021, the Authors. Published by Atlantis Press.
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- 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 - Ida Subaida AU - Lita Permata Sari PY - 2021 DA - 2021/04/19 TI - Intangible Assets, Research & Development Intensity, and Firm Value with Firm Performance as an Intervening Variable BT - Proceedings of the 7th Regional Accounting Conference (KRA 2020) PB - Atlantis Press SP - 9 EP - 15 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210416.002 DO - https://doi.org/10.2991/aebmr.k.210416.002 ID - Subaida2021 ER -