INTELLECTUAL INFLUENCE CAPITAL ON PERFORMANCE FINANCE WITH STRATEGY BUSINESS AS MODERATION (Empirical Study of Companies Food Sector Manufacturing And Drinks Listed on the IDX Year 2019 – 2021)

PENGARUH INTELLECTUAL CAPITAL TERHADAP KINERJA KEUANGAN DENGAN STRATEGI BISNIS SEBAGAI MODERASI ( Studi Empiris Perusahaan Manufaktur Sektor Makanan Dan Minuman Yang Terdaftar Di BEI Tahun 2019 – 2021)

Abstract

The aim of this research is to identify the impact of intellectual capital on financial
performance by considering business strategy as a moderating factor. In this research, the population
used is manufacturing companies operating in the food and beverage sector listed on the Indonesia
Stock Exchange from 2019-2021. For sampling, this research used a purposive sampling technique,
where 16 food and drink samples were selected that met predetermined criteria. This research uses
SPSS 21. In this research, moderated regression analysis is used. The results of data analysis show that
intellectual capital does not have a direct significant influence on financial performance, but the
influence of intellectual capital on financial performance can be moderated with the help of business
strategy. Therefore, companies must identify intellectual resources and build a moderate business
strategy