Nama : Maradewi Ayu Kumalasari

NIM : 12030119410008
Magister Akuntansi ’42 – Forensik
Seminar Proposal
Prof. Faisal, M.Si., Ph.D, CMA, CRP, CERG.

INTELLECTUAL CAPITAL, FINANCIAL PERFORMANCE AND FIRM VALUE ON STAKEHOLDER SIGHT

CV MV DV
IV DV
No. Study (Control (Moderating (Dummy Result
(Independent Variable) (Dependent Variable)
Variable) Variable) Variable)
1. Title : + IC → FP
The Interrelationship between
Intellectual Capital and Firm Model 1
Performance : Evidence From + PC → EBIT
China’s Manufacturing Sector Sig
+ HC → EBIT
Source : Sig
Intellectual Capital and Firm + SC → EBIT
Performance. 2020 Vol. ahead-of- Sig
print No. ahead-of-print RC → EBIT
Modified Intellectual Capital
(September) (p. ahead-of-print). No Sig.
Coefficient (MVAIC)
ISSN: 1469-1930 Kinerja Keuangan (FP)
Measurement :
Measurement : Model 2
Intellectual Capital (IC)
Author : Model 1 : Earnings + PC → ROA
VA = OUTPUT - INPUT Ownership
Jian Xu dan Jingsuo Li EBIT Sig
MVAIC = HC+CE+SC Industry
Model 2 : Profitability + HC → ROA
HC (Human Capital) Region
Data Set : ROA, ROE Sig
CE (Capital Employed)
Analisis Regresi Linier Berganda Model 3 : Productivity + SC → ROA
SC (Structural Capital)
953 observasi (2012-2016) ATO Sig
RC (Relational Capital)
perusahaan manufaktur yang + RC → ROA
Physical Capital
terdaftar di Bursa Efek Shanghai Sig
dan Shenzhen. + PC → ROE
Sig
Data Source : + HC → ROE
Perusahaan manufaktur China Sig
yang terdaftar menggunakan + SC → ROE
model MVAIC. Sig
+ RC → ROE
Sig
 CV MV DV
IV DV
No. Study (Control (Moderating (Dummy Result
(Independent Variable) (Dependent Variable)
Variable) Variable) Variable)
Model 3
+ PC → ATO
Sig
+ HC → ATO
Sig
+ SC → ATO
Sig
+ RC → ATO
Sig
2. Title : Variabel Kontrol
The Impact of Intellectual Capital + SIZE → ROA
on Firm Performance: A Modified Sig.
and Extended Vaic Model + SIZE → MBV
Sig.
Source : - SIZE → ATO
Journal of Competitiveness. 2020 Sig.
Vol.12 No.1 (September) (p. 161– - LEV → ROA
176). Sig.
- LEV → ROE
Author : Sig.
Intellectual Capital (IC)
Jian Xu dan Feng Liu + LEV → ATO
Measurement :
Sig.
VA = Laba operasi +
Data Set : + LEV → MBV
Depresiasi + Amortisasi + Gaji
Analisis Regresi Linier Berganda Sig.
dan Upah karyawan + Biaya
2.490 observasi (2005-2014) dari Firm Performance (FP) Size (Ukuran + GDP → ROA
Pemasaran dan Periklanan +
415 perusahaan manufaktur yang Measurement : Perusahaan) Sig.
Biaya R&D
terdaftar di Bursa Efek Korea. Model 1 : ROA Leverage + GDP → ROE
VAIC = HC+CE+SC
Data Source : Model 2 : ROE GDP (Gross Sig.
HC (Human Capital)
Laporan tahunan perusahaan Model 3 : ATO Domestic + LEV → ATO
CE (Capital Employed)
manufaktur yang terdaftar di Model 4 : MBV Product) Sig.
SC (Structural Capital)
Bursa Efek Korea yang + LEV → MBV
RDE (Innovation Capital
dikumpulkan melalui database Sig.
Efficiency
DataGuide.
RCE (Relational Capital
Model 1 dan 2
Efficiency)
+ CE → ROA
Sig.
+ CE → ROE
Sig.
+ HC → ROA
Sig.
+ HC → ROE
Sig.
SC → ROA
No Sig.
 CV MV DV
IV DV
No. Study (Control (Moderating (Dummy Result
(Independent Variable) (Dependent Variable)
Variable) Variable) Variable)
SC → ROE
No Sig.
- RDE → ROA
Sig.
- RDE → ROE
Sig.
- RCE → ROA
Sig.
- RCE → ROE
Sig.

Model 3
+ CE → ATO
Sig.
SC → ROA
No Sig.
HC → ROA
No Sig.

Model 4
IC → MB
No Sig.
3. Title : VAIC → FP
Measuring the Impact of No Sig.
Intellectual Capital on the
Financial Performance of the Model 1
Finance Sector of India + CE → ROA
Modal Intelektual (IC)
Sig.
Measurement :
Source : Ukuran + CE → ROE
VA = DP+C+I+DD+T+R
Journal of the Knowledge Perusahaan Sig.
DP (Depreciation Expense)
Economy. 2020. ISSN:1868-7865. Kinerja Keuangan (FP) Measurement : SC → ROA
C (Compensation to
Springer Science Business Media, Measurement : Log. Total Aset No Sig.
Employees)
LLC, part of Springer Nature. Model 1 : Profitability SC → ROE
I (Interest Expenses)
ROA, ROE Physical Capital No Sig.
DD (Dividend Paid)
Author : Intensity HC → ROA
T (Corporate Taxes)
Faizi Weqar1, Ahmed Musa Khan, Model 2 : Productivity Measurement : No Sig.
R (Retained Earnings)
Mohd. Anas Raushan dan S. M. ATO PC = Fixed HC → ROE
VAIC = HC+CE+SC
Imamul Haque. assets/Total No Sig.
HC (Human Capital)
assets
CE (Capital Employed)
Data Set : Model 2
SC (Structural Capital)
Analisis Regresi Linier Berganda HC → ATO
1010 observasi (2009-2018) dari No Sig.
101 perusahaan manufaktur yang SC → ATO
terdaftar di Bursa Efek Indonesia. No Sig.
 CV MV DV
IV DV
No. Study (Control (Moderating (Dummy Result
(Independent Variable) (Dependent Variable)
Variable) Variable) Variable)
Data Source : CE → ATIO
Indeks sektoral BSE, yaitu indeks No Sig.
keuangan S&P BSE (Indeks
Keuangan Bombay)
4. Title :
Intellectual Capital, Competitive
Advantage, Financial
Performance and Company Value
Among Banking Industries in
Indonesia
Model 1
Source : + IC → FV
Advances in Social Sciences Modal Intelektual (IC) Sig.
Research Journal. 2019 Vol.6 Measurement : Keunggulan + IC → FP
No.4 (April) (p. 78-89). VA = INPUT (Pendapatan Kompetitif (CA) Sig.
operasional & pendapatan Measurement : + IC → CA
Author : non-operasional) - OUTPUT Nilai Perusahaan (FV) Biaya R&D Sig.
Windu Mulyasari dan Etty (Total biaya kecuali Measurement :
Murwaningsari biaya karyawan) PBV Kinerja Model 2
VAIC = VAHU + VACA +STVA Keuangan (FP) + IC → CA → FV
Data Set : VAHU Measurement : Sig.
Analisis Regresi Berganda VACA ROA
93 observasi (2011-2013) dari 34 STVA Model 3
Perbankan yang terdaftar di + IC → FP → FV
Bursa Efek Indonesia periode Sig.
2012-2015.

Data Source :
Laporan keuangan perusahaan
perbankan yang terdaftar di
Bursa Efek Indonesia.
5. Title : + IC → FP
The Association Between Sig.
Modal Intelektual (IC)
Intellectual Capital and Financial
Measurement : Leverage
Performance in The Islamic + HC → ROA
VA = INPUT (Pendapatan Measurement :
Banking Industry an Analysis of Sig.
operasional & pendapatan Kinerja Keuangan (FP) DER
The GCC Banks. + HC → ROE
non-operasional) - OUTPUT Measurement :
Sig.
(Total biaya) Model 1 : ROA Ukuran
Source :
VAIC = HC+CE+SC Model 2 : ROE Perusahaan
International Journal of Islamic + CE → ROA
HC (Human Capital) Measurement :
and Middle Eastern Finance and Sig.
CE (Capital Employed) Log. Total Aset
Management. 2019 Vol.13 No.1 + CE → ROE
SC (Structural Capital)
(November) (p. 75-93). ISSN: Sig.
1753-8394.
 CV MV DV
IV DV
No. Study (Control (Moderating (Dummy Result
(Independent Variable) (Dependent Variable)
Variable) Variable) Variable)
Author : SC → ROA
A.A. Ousama, Helmi Hammami No Sig.
dan Mustafa Abdulkarim. SC → ROE
No Sig.
Data Set :
Analisis Regresi Or-dinary least
square (OLS).
93 Perbankan Syariah (2011-
2013) dari 37 Perbankan Syariah
yang beroperasi di Bahrain, Qatar,
Arab Saudi dan UEA.

Data Source :
Laporan tahunan perbankan
syariah yang beroperasi di
negara-negara GCC selama
2011-2013.
6. Title :
The Impact of Intellectual Capital
on Firms’ Financial Performance
and Market Value : Empirical + IC → FP
Evidence Sig.
From Italian Listed Firms. + IC → MV
Sig.
Source :
African Journal of Business + HC → ROA
Modal Intelektual (IC)
Management. 2019 Vol.13 No.5 Sig.
Measurement :
(Maret) (p. 147-159). ISSN: 1993- Kinerja Keuangan (FP) Ukuran - CE → ROA
VA = OP+EC+DP+AE
8233 Measurement : Perusahaan Sig.
OP (operating profit)
ROA Measurement : - SC → ROA
EC (employee costs)
Author : Log. Total Aset Sig.
DP (depreciation expenses)
William Forte, Gaetano Matonti Nilai Pasar (MV)
AE (amortisation expenses)
dan Giuseppe Nicolò Measurement : Leverage - HC → MV
VAIC = HC+CE+SC
Marketto-Book ratio Measurement : Sig.
HC (Human Capital)
Data Set : (MtB) DER - CE → MV
CE (Capital Employed)
Analisis Regresi Or-dinary least Sig.
SC (Structural Capital)
square (OLS). - SC → MV
305 observasi (2008-2017) dari Sig.
135 perusahaan Italia yang
terdaftar di Bursa Efek Milan.

Data Source :
Laporan keuangan perusahaan
terdaftar di Bursa Efek Milan
sesuai Datastream Database.
 CV MV DV
IV DV
No. Study (Control (Moderating (Dummy Result
(Independent Variable) (Dependent Variable)
Variable) Variable) Variable)
7. Title :
Intellectual Capital, Growth
Opportunities and Financial
Performance in European Firms :
Dynamic Panel Data Analysis.

Source :
Journal of Intellectual Capital.
+ IC → FP
2018 Vol.19 No.4 (Juli) (p. 747-
Sig.
767). ISSN: 1469-1930. Financial Performance Intellectual
+ IC → GO
Financial Performance (FP) (FP) Capital (IC)
Sig.
Author : Measurement : Measurement : Measurement :
CashFlow
Filipe Sardo dan Zélia ROAt ROAt-1 VAIC
Leverage
Serrasqueiro HC (Human
Size - GO → FP
Growth Opportunities (GO) Growth Opportunities Capital)
Age Sig.
Data Set : Measurement : (GO) CE (Capital
Dcrise
Analisis Data Panel TobinQt Measurement : Employed)
+ GO → IC→ FP
2.044 perusahaan non-keuangan TobinQt-1 SC (Structural
Sig.
(2004-2015) yang terdaftar di 14 Capital)
negara Eropa
(Austria, Belgia, Denmark,
Finlandia, Prancis, Jerman,
Yunani, Irlandia, Italia, Belanda,
Portugal, Spanyol, Swedia dan
Inggris).

Data Source :
Database DATASTREAM oleh
Thomson Reuters.
8. Title : + IC → FP
Impact of Intellectual Capital on Sig.
Financial Performance: Evidence
from the Bangladeshi Textile HC → ROA
Sector Ukuran No Sig.
Financial Performance Perusahaan HC → ROE
Intellectual Capital (IC)
Source : (FP) Measurement : No Sig.
Measurement :
Journal of Accounting & Measurement : Log. Total Aset HC → ATO
VAIC = HC+CE+SC
Organizational Change. 2018 Model 1 : ROA No Sig.
HC (Human Capital)
Vol.14 No.4 (November) (p. 429- Model 2 : ROE Leverage
CE (Capital Employed)
454). ISSN: 1832-5912. Model 3 : ATO Measurement :
SC (Structural Capital)
DER + CE → ROA
Author : Sig.
Leena Afroz Mostofa Chowdhury, + CE → ROE
Tarek Rana, Mahmuda Akter dan Sig.
Mahfuzul Hoque
 CV MV DV
IV DV
No. Study (Control (Moderating (Dummy Result
(Independent Variable) (Dependent Variable)
Variable) Variable) Variable)
Data Set : + CE → ATO
Analisis Data Panel Sig.
340 observasi (2004-2015) dari 50
perusahaan tekstil yang terdaftar + SC → ROA
di Bursa Efek Dhaka (DSE). Sig.
+ SC → ROE
Data Source : Sig.
Laporan tahunan perusahaan + SC → ATO
tekstil yang terdaftar di Bursa Sig.
Efek Dhaka (DSE).
9. Title :
Intellectual Capital and Financial
Performance: A Study of the
Turkish Banking Sector.
Deposit
Source : Partisipasi
Borsa Istanbul Review. 2017 Measurement : + IC → FP
Ukuran Bank
Vol.17 No.3 (September) (p. 190- Nilai 1 untuk Sig.
Measurement :
198). bank yang
LNTA - Log. Total
Intellectual Capital (IC) diklasifikasikan +HC → ROA
Financial Performance Assets
Author : Measurement : sebagai bank Sig.
(FP)
Nasif Ozkan, Sinan Cakan dan VAIC = HC+CE+SC simpanan
Measurement : Leverage
Murad Kayacan. HC (Human Capital) (penyertaan), + CE → ROA
ROA Measurement :
CE (Capital Employed) menurut Sig.
LEV - Rasio
Data Set : SC (Structural Capital) Banking
Hutang Jangka
Analisis Data Panel Regulation and + SC → ROA
Panjang
440 observasi (2005-2014) dari 52 Supervision Sig.
Total Asset
sektor perbankan Turki. Agency (BRSA),
dan 0
Data Source : sebaliknya.
Laporan statistik yang diunggah
ke situs Asosiasi Bank Turki
(BAT) dan Asosiasi Bank
Partisipasi Turki (PBAT).
10. Title : Modal Intelektual (IC)
Model 1
The Influence of Intellectual Measurement : Ukuran
+ IC → FP
Capital on The Firm's Value with VA = INPUT (Pendapatan Perusahaan
Nilai Sig.
The Financial Performance as operasional & pendapatan Measurement :
Kinerja Keuangan (FP) Perusahaan + IC → FV
Intervening Variable non-operasional) - OUTPUT Log. Total Aset
Measurement : (FV) Sig.
(Total biaya)
ROA Measurement :
Source : VAIC = HC+CE+SC Leverage
TobinsQ Model 2
Procedia - Social and Behavioral HC (Human Capital) Measurement :
+ IC → FP → FV
Sciences. 2016 Vol.211 No.25 CE (Capital Employed) DER
Sig.
(November) (p. 292-298). SC (Structural Capital)
 CV MV DV
IV DV
No. Study (Control (Moderating (Dummy Result
(Independent Variable) (Dependent Variable)
Variable) Variable) Variable)
Author :
Nuryaman

Data Set :
Analisis Regresi Linier Berganda
279 observasi (2012-2014) dari 93
perusahaan manufaktur yang
terdaftar di Bursa Efek Indonesia.

Data Source :
Laporan keuangan perusahaan
manufaktur yang terdaftar di
Bursa Efek Indonesia.