The Influence of Intellectual Capital and Earnings Per Share on Company Value at PT Sreeya Sewu Indonesia Tbk for the Period 2014-2023
Abstract
Company value is an important indicator that reflects investor confidence in company performance, so the factors that influence it are interesting to study. This study aims to determine the effect of Intellectual Capital (IC) and Earning Per Share (EPS) on company value at PT Sreeya Sewu Indonesia Tbk for the period 2014–2023. This study uses a quantitative approach. The data used are secondary data in the form of annual financial reports obtained from the Indonesia Stock Exchange and the company's official website. Data analysis was carried out using multiple linear regression, t-test, F-test, and the coefficient of determination (R²) after going through the classical assumption test. The results of the study indicate that partially Intellectual Capital does not have a significant effect on Company Value, indicated by the Sig. value of 0.467 > 0.05 with a calculated t value of 0.770 < t table 2.365. Partially, Earning Per Share does not have a significant effect on Company Value, indicated by the Sig. value. 0.545 > 0.05 with a calculated t value of -0.636 < t table 2.365. Simultaneously, Intellectual Capital and Earning Per Share do not have a significant effect on Company Value as shown by the Sig. value of 0.719 > 0.05 with a calculated F of 0.347 < F table 4.737. The Determination Coefficient value of 9% indicates that this regression model is only able to explain 9% of changes in company value, while the other 91% is explained by other factors outside the study.References
Brigham, E. F., & Houston, J. H. (2018). Dasar-Dasar Manajemen Keuangan: Buku 1 (Edisi 14). Salemba Empat.
Darmadji, T., & Fakhruddin, H. M. (2016). Pasar Modal di Indonesia (Edisi Revisi). Salemba Empat.
Kazhimy, F. A., & Sulasmiyati, S. (2019). Pengaruh Intellectual Capital Terhadap Profitabilitas Perusahaan (Studi pada Sektor Properti dan Real Estate yang Terdaftar di Bursa Efek Indonesia Periode 2015-2017). Jurnal Administrasi Bisnis, Vol. 72 No. 2.
Kusumaningrum, D. A., Hidayati, A. N., & Habib, M. A. F. (2022). Pengaruh Profitabilitas, Struktur Modal, Pertumbuhan Penjualan, Earning Per Share (EPS) dan Ukuran Perusahaan Terhadap Nilai Perusahaan (Studi Kasus Pada Perusahaan Sektor Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia Tahun 2016-2020). YUME : Journal of Management, 5(2 (2022)), 123. https://doi.org/10.37531/yume.vxix.454
Lindawati, & Yulianto. (2021). PENGARUH INTELLECTUAL CAPITAL TERHADAP NILAI PERUSAHAAN DENGAN KINERJA KEUANGAN SEBAGAI VARIABEL INTERVENING (STUDI KASUS PADA PERUSAHAAN YANG TERGABUNG DALAM JAKARTA ISLAMIC INDEX). In ISLAMIC INDEX). SCIENTIFIC JOURNAL OF REFLECTION: Economic, Accounting, Management and Business (Vol. 4, Issue 4).
Puspa Santiani Bank Jabar Banten Tasikmalaya, N. (2018). PENGARUH INTELLECTUAL CAPITAL DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN. http://jurnal.unsil.ac.id/index.php/jak
Sihombing, M. A., Hutagalung, D. N., Siska, N., & Sakuntala, D. (2020). Pengaruh Intellectual Capital, Earning per share, dan Leverage terhadap Nilai Perusahaan Food and Beverage di Bursa Efek Indonesia. Owner (Riset Dan Jurnal Akuntansi), 4(2), 257. https://doi.org/10.33395/owner.v4i2.233
Suharna, & Syamsuri. (2022). Pengaruh Return On Equity, Earning Per Share Dan Price Earning Ratio Terhadap Harga Saham Price Book Value. AKUA: Jurnal Akuntansi Dan Keuangan, 1(2), 195–202. https://doi.org/10.54259/akua.v1i2.725
Ulum, I. (2017). Intellectual Capital: Model Pengukuran, Framework Pengungkapan & Kinerja Organisasi (Cetakan ke-3). UMM Press.
