Proceedings of the 7th Regional Accounting Conference (KRA 2020)

Intangible Assets, Research & Development Intensity, and Firm Value with Firm Performance as an Intervening Variable

Authors
Ida Subaida, Lita Permata Sari
Corresponding Author
Ida Subaida
Available Online 19 April 2021.
DOI
https://doi.org/10.2991/aebmr.k.210416.002How to use a DOI?
Keywords
Intangible assets, intensity of research & development, firm value, financial performance
Abstract

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.

Copyright
© 2021, 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/).

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Volume Title
Proceedings of the 7th Regional Accounting Conference (KRA 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
19 April 2021
ISBN
978-94-6239-366-0
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.210416.002How to use a DOI?
Copyright
© 2021, 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  - 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  -