THE EFFECT OF OWNERSHIP STRUCTURE ON INTELLECTUAL CAPITAL AND ITS IMPACT ON COMPANY VALUE (A STUDY OF THE BANKING SECTOR ON THE INDONESIA STOCK EXCHANGE 2020-2024 PERIOD)
Keywords:
Institutional Ownership, Foreign Ownership, Ownership Concentration, Intellectual Capital, Firm Value
Abstract
This study aims to analyze the influence of ownership structure, including institutional ownership, foreign ownership, and ownership concentration, on intellectual capital and its impact on firm value in the banking sector on the Indonesia Stock Exchange during the 2020-2024 period. The population used in this study was all banking issuers listed on the Indonesia Stock Exchange during the 2020-2024 period, totaling 47 banks. A purposive sampling method was used to obtain 205 observations, then analyzed using multiple linear regression. The results showed that institutional ownership, foreign ownership, and ownership concentration had a positive effect on intellectual capital, and intellectual capital was proven to influence firm value.
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Agustin, E. P., & Widiatmoko, J. (2022). Pengaruh Struktur Kepemilikan dan Kualitas Audit terhadap Manajemen Laba. Owner: Riset & Jurnal Akuntansi .
Agustina, H., & Soelistya, D. (2018). Analisis Struktur Kepemilikan Perusahaan Terhadap Profitabilitas Perusahaan Makanan dan Minuman yang Terdaftar di BEI. Business and Finance Journal, Vol. 3 (2).
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Bappenas. (2019). Rencana Pembangunan Jangka Menengah (RPJMN) 2020-2024. Jakarta: Kementrian PPN/Bappenas.
Christian, H., & Sumantri, F. A. (2022). Pengaruh Kepemilikan Manajerial, Perencanaan Pajak, Ukuran Perusahaan, Leverage Terhadap Manajamen Laba (Studi Empiris Pada Perusahaan Consumer Goods Yang Terdaftar di Bursa Efek Indonesia 2017-2020). NIKAMABI: Jurnal Ekonomi & Bisnis.
Deliyana, R., Permatasari, B., & Sukmasari, D. (2022, September). Pengaruh Persepsi Kemudahan, Persepsi Keamanan, dan Persepsi Kepercayaan Terhadap Kepuasan Pelanggan Dalam Menggunakan Mobile Banking BCA. JEB: Journal of Economic and Business Research, II(2), 1-16.
Hossain, S. Z., & Rana, M. S. (2024). Effects of Ownership Structure on Intellectual Capital: Evidence from Publicly Listed Banks in Bangladesh. Journal of Risk and Financial Management.
Indarti, M. G., Faisal, F., & Yuyetta, E. N. (2023). Quality of audit committee as a moderating effect between shareholding structure and intellectual capital disclosure in Indonesian banking companies . International Journal of Applied Economics, Finance and Accounting.
Kotter. (n.d.). The 8-Step Process for Leading Change | Dr. John Kotter. Retrieved from kotterinc.com: https://www.kotterinc.com/methodology/8-steps/
Latifah, F. N., & Widiatmoko, J. (2022). PENGARUH STRUKTUR KEPEMILIKAN TERHADAP CORPORATE. JIMAT (Jurnal Ilmiah Mahasiswa Akuntansi) Universitas Pendidikan Ganesha, Vol : 13 No :.
MNC Leasing. (2023, 8 4). Perkembangan Sektor Industri Di Indonesia, Jakarta. Retrieved from MNC Leasing: https://www.mncleasing.com/news/read/the-development-of-the-industrial-sector-in-indonesia
Otoritas Jasa Keuangan. (2024, 12 31). Siaran Pers: Refleksi 2024: Perbankan Indonesia Tetap Solid dan Melangkah Optimis Di Tengah Ketidakpastian Ekonomi Global. Retrieved from https://ojk.go.id/id/berita-dan-kegiatan/siaran-pers/Pages/Refleksi-2024-Perbankan-Indonesia-Tetap-Solid-dan-Melangkah-Optimis-Di-Tengah-Ketidakpastian-Ekonomi-Global.aspx
Puspita, G., & Wahyudi, T. (2021). Modal Intelektual (Intellectual Capital) dan Nilai Perusahaan Pada Industri Manufaktur. Owner: Riset & Jurnal Akuntansi, Volume 5 Nomor 5.
Rini, A. S. (2016). Pengaruh Modal Intelektual dan Struktur Kepemilikan terhadap Nilai Perusahaan. Universitas Islam Negeri Syarif Hidayatullah, Jakarta.
Rohman, A. (2023, 01 30). Peran Perbankan dalam perekonomian Indonesia saat ini ? Retrieved from Faculty of Economics and Business: https://feb.ub.ac.id/peran-perbankan-dalam-perekonomian-indonesia-saat-ini/
Sugiyono. (2019). Metode Penelitian Kuantitatif, Kualitatif & RND. Bandung: Alfabeta.
Widiatmoko, J., & Indarti, M. G. (2018). Karateristik Perusahaan, Tipe Auditor dan Konsentrasi Kepemilikan Saham terhadap Pengungkapan Modal Intelektual . Jurnal Bisnis dan Ekonomi.
Published
2025-10-31
How to Cite
Atiaqsa, F., & Widiatmoko, J. (2025). THE EFFECT OF OWNERSHIP STRUCTURE ON INTELLECTUAL CAPITAL AND ITS IMPACT ON COMPANY VALUE (A STUDY OF THE BANKING SECTOR ON THE INDONESIA STOCK EXCHANGE 2020-2024 PERIOD). Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE), 8(3), 12916-12928. https://doi.org/10.31538/iijse.v8i3.8569
Section
Articles
Copyright (c) 2025 Frans Atiaqsa, Jacobus Widiatmoko
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