THE EFFECT OF INTELLECTUAL CAPITAL ON FINANCIAL PERFORMANCE WITH MANAGERIAL OWNERSHIP AS MODERATING VARIABLE IN BANKING COMPANIES LISTED ON THE INDONESIAN STOCK EXCHANGE PERIOD 2018-2022

Abstract

This research aims to determine the effect of intellectual capital on financial performance with managerial ownership as a moderating variable in banking companies listed on the Indonesia Stock Exchange for the 2018-2022 period. Data were collected using a purposive sampling method with a total of 210 samples from 42 companies. Data analysis using panel data regression (balanced panel) using the STATA 17.0 program. The research results show that intellectual capital has a positive and significant effect on the company's financial performance. In addition, managerial ownership has a positive but not significant effect in moderating the influence of intellectual capital on the company's financial performance.