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Ownership Structure and Intellectual Capital Performance: Evidence From Indonesian Banking Companies


contributor author Siti Rochmah Ika, Ari Kuncara Widagdo
date accessioned Sat, 13 June 2026
date available Sat, 13 June 2026
date issued Kamis, 01 April 2021
description abstract The objective of this study is to examine the impact of ownership structure on intellectual capital performance. Ownership structure used in this study consists of family control, government ownership, and foreign ownership. Family control was measured by two proxies, namely the number of shares owned by a family and the presence of family on the boards. Meanwhile, this study uses the Value-Added Intellectual Coefficient to measure intellectual capital performance. Ninety-two bank observations listed on the Indonesia Stock Exchange in the period 2013-2016 are used as a sample. Results of panel data regression indicate that the number of shares owned by the family positively associated with VAIC, on the other hand, the presence of families on the boards has no association with IC performance. The result indicates that a high degree of family ownership is likely to encourage managerial incentives to improve value creation activities. Government ownership and foreign ownership are also found to have a positive association with IC performance
subject Ownership Structure and Intellectual Capital Performance: Evidence From Indonesian Banking Companies
title Ownership Structure and Intellectual Capital Performance: Evidence From Indonesian Banking Companies
type

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