Published date: Dec 21 2022

Journal Title: KnE Social Sciences

Issue title: 5th International Conference on Education and Social Science Research (ICESRE)

Pages: 789–804

DOI: 10.18502/kss.v7i19.12498

Muhammad Saifimsaifi@ub.ac.idFaculty of Administrative Science, University of Brawijaya, Malang, Indonesia

Kadarisman HidayatFaculty of Administrative Science, University of Brawijaya, Malang, Indonesia

Langgeng SetyonoFaculty of Administrative Science, University of Brawijaya, Malang, Indonesia

Kemal SandiFaculty of Administrative Science, University of Brawijaya, Malang, Indonesia

Lusi KurniaFaculty of Administrative Science, University of Brawijaya, Malang, Indonesia

Asri Nur AinaFaculty of Administrative Science, University of Brawijaya, Malang, Indonesia

This study aims to examine the role of financial policies in the influence of intellectual capital on company performance conducted on 14 pharmaceutical companies listed on the Indonesia Stock Exchange. The data obtained is processed using warp pls software 7.0. The results show that intellectual capital has a negative and significant effect on financial policy, while intellectual capital has a significant positive effect on company performance. Furthermore, the financial policy has a significant positive effect on company performance.

Keywords: Intellectual capital, financial policy, firm performance

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