PENGARUH GOODWILL, RESEARCH AND DEVELOPMENT (RnD), DAN INTELLECTUAL CAPITAL TERHADAP NILAI PASAR PERUSAHAAN
ABSTRACT: This study aimed to
examine the effect of goodwill, research and deveopment (RnD) as well as the
intellectual capital of the firm's marketvalue. Sapling method used is
purposive sampling with the followingcriteria: (1) the Issuer is in the
manufacturing industry that registered sharesare actively traded on the Indonesia
Stock Exchange during the period from 2009
to 2013, (2) the Issuer to publish a full annual financial statements forthe
period December 31, 2009 - December 31, 2013, (3) the Issuer has a record stock
price at the close end of the year, (4) the Issuer has the value ofintangible
assets is positive and (5) Has the complete data related to thevariables used
in this study. Based on these criteria, of the 142 companies listed in the
IndonesiaStock Exchange acquired 28 companies were used as a sample. Analyzer used
to test the hypothesis of this study is multiple regression analysis.The result
showed that (1) Goodwill negatively effect the market value of thecompany, (2)
Research and development (RnD) positive effect about the market value of the
company and (3) Intellectual capital positive effect on themarket value of the
company.
Keywords: Goodwill, Research
and development (RnD), Research and development (RnD), the company's market
value
Penulis: Sri Imaningati, Novita
Sari
Kode Jurnal: jpmanajemendd170409
