Pengaruh Intellectual Capital, Good Corporate Governance dan Corporate Social Responsibility terhadap Nilai Perusahaan dengan Profitabilitas sebagai Variabel Intervening pada Perbankan Indonesia dan Malaysia

Abstract

The company's value is used as an indicator of the success of the company's management in managing its current and future business so as to create confidence for investors to invest their capital. There are some factors that influences the firm of value, such as Intellectual Capital. The purpose of this study was to determine the effect of intellectual capital, good corporate governance, and corporate social responsibility on firm value with profitability as an intervening variable. The study population consisted of 34 banking companies in Indonesia and 10 banking companies in Malaysia with 175 research samples from 2016 to 2020. This type of quantitative descriptive research used path analysis techniques. Based on the results of the analysis conducted, it is found that intellectual capital and good corporate governance have a positive and significant effect on profitability in Indonesia eventhough in Malaysia good corporate governance has insignificant effect. Corporate Social Responsibility has a positive and insignificant effect on profitability in Indonesia and Malaysia. IC has a positive and insignificant effect on firm value in Indonesia eventhough in Malaysia GCG has a positive and significant effect on firm value. CSR has not a positive and insignificant effect on firm value. In Malaysia, CSR has positive and significant effect on firm value. IC has a positive and insignificant effect in Indonesia and Malaysia and ROA as mediate variable. GCG and CSR has a positive and insignificant effect on firm value in Indonesia and Malaysia with ROA as mediate variable.