PENGARUH INTELLECTUAL CAPITAL TERHADAP PROFITABILITAS PADA PERUHSAAN SUB SEKTOR KIMIA YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE

Abstract

Profit is an important element in ensuring the continuity of
the company, then the company's goals will be achieved. If
the company has a high level of profitability, the level of value
of the company will also be high because profitability
indicates whether the company has good prospects in the
future. In accordance with the theory based on the concept
of Resource Based Theory. The RBV assumption is how a
company can compete with other companies to gain a
competitive advantage by managing its resources according
to the company's capabilities. Value Added Intellectual
Capital (VAIC) consists of three components, namely VACA,
VAHU, and STVA. Assuming that the higher the value of the
Value Added Intellectual Capital (VAIC) will be directly
proportional to profitability in the sense that the Return On
Assets of the company will be higher. The data used in this
study are the financial statements of chemical sub-sector
companies listed on the Indonesia Stock Exchange (IDX)
during the period 2014 to 2018. Samples used in this study
were 4 companies using the purposive sampling method. The
analytical method used is statistical quantitative, through
multiple linear regression testing, t test and F test, to
facilitate data processing the author uses the help of SPSS
version 25.0. Result partial testing through t test shows that
VACA partially has no significant positive effect on Return On
Assets. VAHU partially has a significant positive effect on
profitability (Return on Assets). STVA partially has a
significant positive effect on Return On Assets.
Simultaneously VACA, VAHU, and STVA simultaneously or
jointly have an influence on Return On Assets.