Abstract :
Abstract
Stakeholders have a tendency to judge the company in making policies. So that in
the company valuation process, consideration of the various factors that make up
the value of the company itself is required. Therefore, the purpose of this study is
to see how much influence intellectual capital, Capital Efficiency and dividend
policy have on the value of companies that have published their financial reports
on the Indonesia Stock Exchange (IDX). The total population used was 42
companies and the sample taken was 22 companies in the banking sector. The
sampling method uses purposive sampling which aims to make the sample taken
meet the required criteria. From the results of the study it was found that there was
no positive effect between intellectual capital, dividend policy and Capital
Efficiency on firm value and had a negative effect.
Keywords: Capital Efficiency, Intellectual Capital, Dividend Policy, Firm Value.