THE EFFECT OF INTELLECTUAL CAPITAL ON FINANCIAL PERFORMANCE WITH SIZE AS A MODERATION VARIABLE

Abstract

 This research is a proof-of-concept of important functions and/or characteristics analytically and experimentally. The purpose of this study was to determine the effect of intellectual capital on financial performance with size as a moderating variable in manufacturing companies amid the Covid-19 pandemic in 2020 - 2021. This research is a quantitative study with secondary data. The population in this study are manufacturing companies listed on the Indonesia Stock Exchange (IDX) in the research year 2020 to 2021. This study used a purposive sampling technique to complete sample selection and produce samples from 39 manufacturing companies in the consumer goods sector with the period 2020 - 2021. Hypothesis testing and data analysis used multiple linear regression and moderated regression analysis (MRA) with the help of SPSS version 22. The VACA (Value Added Capital Employed) variable has a significant negative effect on financial performance, VAHU (Value Added Human Capital) has a significant positive effect on financial performance,