Pengaruh Transaksi Pihak Berelasi dan Intellectual Capital Terhadap Nilai Perusahaan Dengan Financial Performance Sebagai Moderasi

Dinna Dwi Minarni; Gideon Setyo Budiwitjaksono

doi:10.37479/jeej.v6i2.25481

Pengaruh Transaksi Pihak Berelasi dan Intellectual Capital Terhadap Nilai Perusahaan Dengan Financial Performance Sebagai Moderasi

Dinna Dwi Minarni, Gideon Setyo Budiwitjaksono

Abstract

This research analyzes how related party transactions and intellectual capital influence firm value and how a company's financial health (financial performance) moderates its relationship with related parties (related party transactions) and intangible assets (intellectual capital) in determining the overall value of the firm. A total of 105 financial companies from 2020 to 2022 were the population in this study. Through the purposive sampling method, 27 financial companies were used as research samples. The data analysis technique used is Partial Least Square (PLS) using special SmartPLS 4 software. The results of this research reveal that transactions with related parties do not have a direct impact on firm value. On the other hand, strong intellectual capital makes a positive contribution to firm value. Meanwhile, this research found that the company's financial health (financial performance) was unable to moderate the relationship between related party transactions and intellectual capital on firm value.

Keywords

Financial Performance, RPT, Intellectual Capital, Firm Value

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DOI: https://doi.org/10.37479/jeej.v6i2.25481