The Influence of Corporate Governance, Intellectual Capital on Financial Performance and Firm Value of Bank Sub-Sector Campanies Listed at Indonesia Stock Exchange in Period 2008-2012

Abstract

This study examines whether corporate governance and intellectual capital affects the financial performance and firm value. Data were obtained from 26 companies of banking sector over 5 years (2008-2012). The analysis technique was using GSCA (General Structure Component Analysis). The result indicates that Corporate Governance has a significant effect on the Financial Performance and Firm Value. Disclosure of Intellectual Capitalhas significant effect on the Financial Performance and Firm Value. Financial Performance has a significant effect on Firm Value. However, Corporate Governance is not significantly effecting on the Intellectual Capital. Also,disclosure of Intellectual Capital is not a significant effect on Corporate Governance. This study only used two indicators to measure the variables of Corporate Governance and Financial Performance, so that further research is expected to add another proxy allegedly have effect on the Financial Performance and Firm Value.

Keywords :corporate governance, disclosure of intellectual capital, financial performance, firm value.