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The Influence of Intellectual Capital, Technology, and Growth Opportunity on Company Value with Good Corporate Governance as a Moderating Variable (A Study of Technology & Telecommunications Sector Companies Listed on the IDX for the 2021-2024 Period)

Pengaruh Intellectual Capital, Teknologi, dan Growth Opportunity terhadap Nilai Perusahaan dengan Good Corporate Governance sebagai Variabel Moderasi (Studi Pada Perusahaan Sektor Teknologi & Telekomunikasi yg terdaftar di BEI Periode 2021-2024)

##article.authors##

  • Diana Retno Furi Universitas Muhammadiyah Sidoarjo
  • sigit hermawan

DOI:

https://doi.org/10.21070/ups.11142

Keywords:

Intellectual Capital, Technology, Growth Opportunity, Company Value, Good Corporate Governance

Abstract

This study aims to analyze and obtain empirical evidence regarding the influence of intellectual capital, technology, and growth opportunities on firm value in technology sector companies listed on the Indonesia Stock Exchange. This is a quantitative study with an explanatory approach. The population in this study was all 40 technology companies listed on the IDX during the 2021–2024 period. The data analysis technique used in this study was Structural Equation Modeling based on Partial Least Squares (SEM-PLS). The results show that all independent variables, namely intellectual capital, technology, and growth opportunities, have a positive and significant influence on firm value. Among these three variables, growth opportunities are proven to have the most dominant influence in increasing firm value, indicating that growth prospects are a primary consideration for investors in assessing companies. 

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Posted

2026-06-05