THE EFFECT OF INTELLECTUAL CAPITAL ON COMPANY PERFORMANCE WITH TECHNOLOGICAL INTENSITY AS A MODERATION VARIABLE
Atika Sari Nasution(1), Arfan Iksan(2), Andri Zainal(3), Frans Kristanto(4)

(1,2,3) Master of Accounting Universitas Negeri Medan, (4) Master of Business Administration University Diponegoro Semarang

Abstract

The company always strives to generate optimal profitability to sustain its business continuity. In an effort to achieve optimal profitability, the company must also pay attention to the level of capital owned by the company. In this era, intellectual capital plays an important role in creating and maintaining competitive advantage and shareholder value. Besides that, technological developments encourage every company, especially manufacturing companies, to try to keep up with technological changes and use technology to create efficiency and effectiveness in production activities. This study aims to examine the effect of aspects of intellectual capital (CEE) on company financial performance with technology intensity as a moderating variable. The sample in this study is a manufacturing company listed on the Stock Exchange in 2016-2020. This study uses a quantitative data approach with the method of analysis is Moderated Regression Analysis (MRA). The results of this study found that only CEE has a significant influence on business performance. Technology Intent is Able to Significantly Moderate the Influence of CEE on Financial Performance.

Keywords: Intellectual Capital, Financial Performance, Technology Intensity

Topic: Economics, Business and Management Education