Proceedings of the First Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2018)

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Green Intellectual Capital and Financial Performance of Manufacturing Companies in Indonesia

Authors
Erinos NR, Yurniwati Yurniwati
Corresponding Author
Erinos NR
Available Online July 2018.
DOI
10.2991/piceeba-18.2018.79How to use a DOI?
Keywords
value added capital assets, value added human capital, structural value added, corporate social responsibility, financial performance
Abstract

This study aims to find the influence of intellectual capital with financial performance in Indonesian Stock Exchange. The independent variable of this research is element of Green Intellectual Capital, consist of intellectual capital and corporate social responsibility (CSR). Intellectual capital calculation used public method, that is consisting of VACA (Value Added Capital Assets), VAHU (Value Added Human Capital), STVA (Structural Value Added). Corporate Social Responsibility (CSR) measured by action of corporate to public environment. Financial performance is measured by return on Assets (ROA). This research using secondary data from annual report. This research used multiple regressions that measured by Guilford standards value (1956). Research found that green intellectual capital has positive effect to financial performance but the effect is not significant. It is caused by imbalance investment in intellectual capital elements. Invest in human capital and then invest in STVA is high enough but invest in VACA is very low. CSR action by corporate is not influence to financial performance. They are more interested to low price and a high quality product. This study suggests, invest to intellectual capital must be balanced to achieve high financial performance in future and CSR action by corporate subject to increase people income.

Copyright
© 2018, 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 First Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
July 2018
ISBN
10.2991/piceeba-18.2018.79
ISSN
2352-5428
DOI
10.2991/piceeba-18.2018.79How to use a DOI?
Copyright
© 2018, 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

risenwbib
TY  - CONF
AU  - Erinos NR
AU  - Yurniwati Yurniwati
PY  - 2018/07
DA  - 2018/07
TI  - Green Intellectual Capital and Financial Performance of Manufacturing Companies in Indonesia
BT  - Proceedings of the First Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2018)
PB  - Atlantis Press
SP  - 613
EP  - 618
SN  - 2352-5428
UR  - https://doi.org/10.2991/piceeba-18.2018.79
DO  - 10.2991/piceeba-18.2018.79
ID  - NR2018/07
ER  -