PENGARUH INTELLECTUAL CAPITAL TERHADAP PROFITABILITAS PERUSAHAAN MANUFAKTUR SUB SEKTOR MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2014-2018

Abstract

The stricter competition between companies due to economic and technological development requires companies to change the principles of labor-based business towards knowledge-based business to further enhance profitability generated by the company. Intellectual capital is seen as a knowledge used in creating wealth in the company in the form of intangible assets. With the intellectual capital, the company will benefit or provide added value for the company. Intellectual Capital calculation in the VAIC method there are three components: Value Added Capital Employed (VACA), Value Added Human Capital (VAHU) and Structural Capital Value Added (STVA). This research aims to know VACA, VAHU and STVA as an intellectual capital forming component partially affect the profitability of manufacturing companies sub-sector of food and beverages listed on the Indonesia Stock Exchange in 2014-2018. To find VACA, VAHU and STVA simultaneously influence on the profitability of manufacturing companies sub-sector of food and beverage listed on Indonesia Stock Exchange in 2014-2018.