Hasil Pencarian  ::  Simpan CSV :: Kembali

Abstrak :
ABSTRAK Penelitian ini bertujuan untuk menguji pengaruh intellectual capital disclosure terhadap undepricing pada perusahaan yang melakukan IPO periode 2008-2018. Variabel intellectual capital disclosure diukur dari indeks intellectual capital milik Bukh et al yang terdiri dari 86 komponen intellectual capital yang dibagi menjadi tiga kategori yaitu human capital, structural capital , dan relational capital. Untuk variabel underpricing diukur dari initial return pada saat perusahaan tersebut listing. Penelitian ini menggunakan pendekatan kuantitatif, pengumpulan data dilakukan melalui data sekunder dari prospektus perusahaan dengan total sampel 235 perusahaan yang melakukan IPO periode 2008-2018. Analisis data pada penelitian ini dilakukan dengan analisis deskriptif, uji normalitas, uji asumsi klasik, dan regresi berganda. Pengungkapan intellectual capital secara keseluruhan terbukti berpengaruh signifikan negatif dengan underpricing. Untuk pengungkapan komponen intellectual capital secara terpisah (structural capital, human capital, dan relational capital) terbukti semua berpengaruh negatif signifikan terhadap underpricing. Hasil penelitian menunjukkan bahwa semakin luas pengungkapan yang dilakukan, maka akan mengurangi tingkat undepricing.

---

ABSTRACT This study aims to examine the effect of intellectual capital disclosure on undepricing in companies conducting an IPO for the 2008-2018 period. The variable intellectual capital disclosure is measured from the index of intellectual capital belonging to Bukh et al which consists of 86 components of intellectual capital divided into three categories, namely human capital, structural capital, and relational capital. The underpricing variable is measured from the initial return when the company is listed. This study use a quantitative approach, data collection is done through secondary data from prospectus companies with a total sample of 235 companies that conducted an IPO for the period 2008-2018. Data analysis in this study was conducted with descriptive analysis, normality test, classic assumption test, and multiple regression. Disclosure of intellectual capital as a whole is proven to have a significant negative effect on underpricing. For the disclosure of the components of intellectual capital separately (structural capital, human capital, and relational capital) all have a significant negative effect on underpricing. The results showed that the broader the disclosure made, it would reduce the level of undepricing.

Abstrak :
Skripsi ini bertujuan untuk meneliti pengaruh kinerja perusahaan yang diukur dari segi permodalan, kualitas aset, kualitas manajemen, profitabilitas, dan likuiditas (CAMEL) terhadap tingkat pengungkapan modal intelektual. Penelitian ini merupakan penelitian kuantitatif dengan metode regresi berganda. Variabel independen dalam penelitian ini adalah CAR, NPL Gross, GWM, ROA, dan LDR, dengan variabel kontrol ukuran perusahaan. Hasil penelitian ini menunjukkan bahwa hanya variabel GWM dan LDR yang berpengaruh terhadap pengungkapan modal intelektual. Variabel ROA, CAR, dan NPL Gross tidak mempunyai pengaruh signfikan sama sekali. Penelitian ini memberikan kontribusi karena penelitian sebelumnya belum ada yang menggunakan CAMEL sebagai proxy. ...... This paper aims to study the effect of firm's performance using capital adequacy, asset quality, management quality, earnings, and liquidity (CAMEL) measurement on a firm?s intellectual capital disclosure index. This is a quantitative study with multiple regression technique. The independent variables are CAR, NPL Gross, GWM, ROA, and LDR, with firm size as a control variable. The result shows that only GWM and LDR have significant effect on intellectual capital disclosure index. ROA, CAR, and NPL Gross have no significant effect at all. The contribution of this paper is that it uses CAMEL as a proxy because no prior research had done it.

Abstrak :
Penelitian ini bertujuan untuk mengetahui hubungan efisiensi modal intelektual beserta komponennya yaitu Value Added Capital Employed Coefficient (VACA), Value Added Human Capital (VAHU), Structural Capital Value Added (STVA) terhadap kinerja perusahaan. Penelitian ini menggunakan Value Added Intellectual Coefficient (VAICTM) sebagai pengukuran efisiensi modal intelektual. Hasil dari penelitian ini di temukan nya pengaruh signifikan dan positif antara modal intelektual dan juga komponennya terhadap kinerja perusahaan, Komponen VACA adalah yang paling berpengaruh signifikan pada kinerja perusahaan manufaktur di Indonesia

---

The purpose of this study to examine the relationship of intellectual capital efficiency and its components which are Value Added Capital Employed (VACA), Value Added Human Capital (VAHU), Structural Capital Value Added (STVA) on firms performance. This research uses Value Added Intellectual Coefficient (VAICTM) as a measurement of intellectual capital efficiency. The results of this research there is a positive and significant relationship between intellectual capital and firm performance, VACA is the most significant variable of intellectual capital component on the firm performance on manufacturing companies in Indonesia

Abstrak :
[ABSTRAK
Tesis ini membahas intellectual capital disclosure yang dilakukan oleh Perusahaan dapat mempengaruhi tingkat risiko yang diterima oleh para investor yang berdampak terhadap tingkat pengembalian (required rate of return) yang diharapkan oleh para investor atau cost of equity bagi perusahaan. Intellectual capital disclosure diukur berdasarkan metode content analysis yang dikembangkan oleh Li et al. (2008). Sedangkan cost of equity diukur dengan metode Capital Asset Pricing Model. Hasil dari penelitian ini menunjukkan bahwa pengungkapan intellectual capital memiliki pengaruh yang negatif terhadap cost of equity perusahaan sehingga penelitian ini menyarankan agar eksekutif perusahaan lebih banyak melakukan voluntary disclosure untuk mengurangi informasi asimetris yang diterima oleh investor.

---

ABSTRACT
This thesis focuses on the how intellectual capital disclosure may affect perceived risk by the investor thus it will impact to the required rate of return required by the investor or Company?s cost of equity. Intellectual capital disclosure was measured using content analysis method which was developed by Li et al. (2008). Cost of equity was calculated using Capital Asset Pricing Model. The result from this research showed that intellectual capital disclosure has a negative correlation with Company?s cost of equity and suggestion to the Company?s executive to increase voluntary disclosure to reduce asymmetrical information received by the investors., This thesis focuses on the how intellectual capital disclosure may affect perceived risk by the investor thus it will impact to the required rate of return required by the investor or Company’s cost of equity. Intellectual capital disclosure was measured using content analysis method which was developed by Li et al. (2008). Cost of equity was calculated using Capital Asset Pricing Model. The result from this research showed that intellectual capital disclosure has a negative correlation with Company’s cost of equity and suggestion to the Company’s executive to increase voluntary disclosure to reduce asymmetrical information received by the investors.]

Abstrak :
ABSTRAK
Penelitian ini bertujuan untuk menguji apakah Intellectual Capital (IC) berpengaruh terhadap Return on Asset (ROA) dan apakah terdapat perbedaan pengaruh IC terhadap ROA antara bank syariah dan bank konvensional. Nilai IC dihitung berdasarkan metode VAICTM yang dikembangkan oleh Pulic (1998). Pada penelitian ini ditemukan bahwa bank syariah memiliki nilai IC yang lebih tinggi dibandingkan bank konvensional dan IC terbukti berpengaruh positif terhadap ROA baik pada tahun berjalan maupun tahun mendatang. Selain itu, penelitian ini juga menemukan bahwa bank konvensional cenderung memiliki pengaruh IC yang lebih besar terhadap ROA dibandingkan bank syariah.

---

ABSTRACT
This research aims to proof the influence of Intellectual Capital (IC) on Return on Asset (ROA) and to see the difference between conventional and islamic bank in terms of IC measured by VAICTM method developed by Pulic (1998). This research found that islamic banks have higher IC score rather than conventional banks and IC have positive influence on ROA in current and following year. This research also found that conventional bank have relatively higher IC impact on ROA rather than islamic bank.

Abstrak :
Strategic Knowledge Management addresses all those topics in knowledge management that a manager needs to ensure organizational success. "A straightforward guide to leveraging your company's intellectual capital by creating a knowledge management culture The Complete Guide to Knowledge Management offers managers the tools they need to create an organizational culture that improves knowledge sharing, reuse, learning, collaboration, and innovation to ensure mesurable growth. Written by internationally recognized knowledge management pioneers, it addresses all those topics in knowledge management that a manager needs to ensure organizational success. Provides plenty of real-life examples and case studies Includes interviews with prominent managers who have successfully implemented knowledge management structures within their organizations. Offers chapters composed of short theoretical explanations and practical methods that you can utilize, based primarily on hands-on author experience. Taking an intellectual journey into knowledge management, beginning with an understanding of the concept of intellectual capital and how to establish an appropriate culture, this book looks at the human aspects of managing knowledge workers, promoting interactions for knowledge creation and sharin

Abstrak :
Whether you call it "harvesting intangible assets" or "intellectual property management," organizations must make the most of everything they have to offer if they want to remain competitive. Yet, the majority of companies are oblivious to the wealth of revenue-producing opportunities hiding just below the strategic surface. In this thought-provoking book, author Andrew J. Sherman shares insights and expertise gleaned from his work with some of the world's leading companies who have capitalized on intellectual assets such as patents, trademarks, customer information, software codes, databases, business models, home-grown processes, and employee expertise. Featuring instructive examples from organizations including Proctor & Gamble, IBM, and Google, the book reveals how companies large or small can implement IP-driven growth and licensing strategies, foster a culture of innovation, turn R&D into revenue, and much more. Smart companies reap what they sow. This book gives readers the tools they need for a profitable harvest.

Abstrak :
Jika tidak ada satu dan lain hal yang menghambat, maka sebagaimana dituangkan dalam Rencana Jangka Panjang Perusahaan (RJPP) PT.Asuransi Kredit Indonesia Tahun 2004 sd 2008, Askrindo sebagai perusahaan asuransi/penjaminan yang memiliki komitmen dalam pelayanan baik kepada pelanggan (perbankan, principal) maupun stakeholder, diharapkan pada akhir tahun 2008 akan menjadi perusahaan yang sarat dengan dukungan teknologi. Pada perusahaan modern yang sarat dengan teknologi, seringkali aset non financial yang bersifat intangible nilainya jauh lebih besar dari pada aset financial-nya. Namun dalam penghitungan nilai aset perusahaan pada umumnya masih menggunakan metode konvensional yang biasanya hanya terfokus pada nilai aset financial yang bersifat tangible. Tugas Akhir ini mengulas tentang cara penghitungan nilai aset non financial atau yang disebut Intellectual Capital (IC) yang selanjutnya dalam Tugas Akhir ini digunakan istilah Modal Intelektual (MI), kemudian dihitung nilai kontribusi teknologi informasi (TI) terhadap total nilai MI sebuah perusahaan. Dalam penghitungan ini, menggunakan pendekatan metode kolaborasi teori antara beberapa teori penghitungan MI, yang diantaranya yaitu metode Skandia, metode Roos, metode Sullivan, dan metode penyempurnaan dari ketiga metode tersebut. Nilai MI perusahaan dihitung berdasarkan indikator-indikator yang relevan mempengaruhi serta nilai indeks koefisien yang menyatakan tingkat efisiensi perusahaan. Penelitian yang dilakukan adalah dengan mengambil studi kasus pada PT Asuransi Kredit Indonesia, dengan mengadakan beberapa penyesuaian pada indikatorindikator yang dibutuhkan. Penyempurnaan terhadap metode kolaborasi tersebut juga dilakukan, dengan memasukkan indikator yang relevan, misalnya indikator Claims Recovery Ratio dan Net Equity Ratio, karena kedua indikator tersebut turut mempengaruhi pendapatan imbal jasa penjaminan (premi) yang bersumber dari bisnis baru. Kemudian yang terakhir yaitu dilakukan penghitungan nilai kontribusi peranan TI terhadap total nilai absolut MI yang diperoleh, namun terlebih dahulu dilakukan pembobotan nilai absolut MI pada setiap indikatornya dengan memperhatikan kadar pengaruhnya baik yang langsung ataupun yang tidak langsung dan kadar signifikan ataupun tidak signifikannya terhadap peranan TI. Berdasarkan hasil penghitungan yang telah dilakukan, diperoleh nilai kontribusi peranan TI terhadap nilai MI sebesar Rp. 27.646,62 juta dan tingkat efisiensi yang mencapai 63,61%, atau nilai kontribusi peranan TI tersebut setara dengan 31,61% dari total nilai absolut MI Askrindo sebesar Rp. 55.638,08 juta. Ini berarti kontribusi peranan TI terhadap nilai MI Askrindo relatif cukup besar. Kemudian, dengan adanya pendekatan baru dalam penghitungan aset non financial perusahaan tersebut, maka investasi TI yang selama ini telah dilakukan Askrindo menjadi tidak sia-sia, karena justru dapat meningkatkan nilai Askrindo yang cukup signifikan.

---

In case of there is no such circumstances would obstruct, as mention in Company Long Term Planning (RJPP) of PT Asuransi Kredit Indonesia in year of 2004-2008, PT Askrindo, as insurance/guarantee company which has commitment in giving good service either to their customer (banks and principal) or to its stakeholders, is to be hoped being a company which has full of technology support in the end of year 2008. In modern company with full of technology, sometimes the amount of non financial assets - intangible assets is much more bigger than the financial assets. In spite of company`s assets calculation still using conventional method in common, which focus on the amount of tangible financial assets. This thesis, analyzes calculation methods for the amount of non financial asset or usually called Intellectual Capital (IC) which is next in this thesis used in Modal Intelektual (MI) as its terminology, then the contribution`s amount of information technology (TI) will be calculated to the total amount of MI in a company. In this calculation, using the method of collaboration theory approximation between some MI calculation theory; like Skandia method, Roos method, Sullivan method and the completion of this three methods. Calculation of company`s MI is based on relevant indicators which influence the amount of coefficient index to states company`s efficiency level. Case study-survei in PT Asuransi Kredit Indonesia, with some adaptation to needed indicators. Completion to the collaboration method also done by entering relevant indicator, like Claims Recovery Ratio and Net Equity Ratio indicator because both indicators also influence premium income and service charge that comes from new business. Finally, doing calculation of TI`s role contribution amount to the total amount of absolute MI that has already get, but to be done first is classify MI`s absolute amount in each indicator by paying attention to the degree whether it is directly influence or not and whether it is significant or not to the TI`s role. Based on calculation result that has been done, the amount of TI`s role contribution is Rp 27.646,62 million and efficiency`s level raise into 63,61% or the amount of TI`s role contribution as same as 31,61% from MI Askrindo`s absolut total amount of Rp 55.638,08 million. It means that contribution of TI`s role to the amount of Askrindo`s MI is big enough. Then, with new approximation of non financial assets calculation in those company, there is no insignificant actions in TI`s investment because it can raise Askrindo`s value significantly.

Abstrak :
Penelitian ini bertujuan untuk mengetahui apakah Bank Pembangunan Daerah memiliki kinerja yang baik apabila memiliki modal intelektual Total Bank Pembangunan Daerah yang penulis teliti sebanyak 26 perusahaan sejak tahun 2005 sampai 2014 Dalam penelitian ini penulis mengukur modal intelektual melalui HCE SCE CEE dan VAICTM Sedangkan untuk mengukur kinerja keuangan penulis menggunakan ROA dan ROE Penelitian ini menggunakan 4 model dimana didapatkan hasil yang menunjukan bahwa VAICTM berpengaruh terhadap kinerja keuangan perusahaan Namun ketika VAICTM dibagi kedalam 3 komponen maka CEE merupakan komponen yang paling berpengaruh terhadap kinerja keuangan BPD.

---

This study aims to determine the Regional Development Banks whether has a good performance if it has intellectual capital Total Regional Development Banks of this research are 26 companies from 2005 to 2014 In this study intellectual capital is measured using the HCE SCE CEE and VAICTM Meanwhile to company rsquo s performance is measured using the ROA and ROE This study used four models where the results show that VAICTM positively associated with company 39 s financial performance But when VAICTM is split into three components CEE is the most influence component on financial performance in Regional Development Banks.