Open AccessPengaruh Intellectual Capital Disclosure Dan Leverage Terhadap Cost Of Equity Capital
Author(s) -
Gita Septiani,
Salma Taqwa
Publication year - 2019
Publication title -
jurnal eksplorasi akuntansi
Language(s) - English
Resource type - Journals
ISSN - 2656-3649
DOI - 10.24036/jea.v1i3.146
Subject(s) - cost of capital , business , stock exchange , cost of equity , leverage (statistics) , equity capital markets , capital intensity , intellectual capital , real estate , finance , economics , human capital , private equity , microeconomics , economic growth , profit (economics) , machine learning , computer science
This study aims to examine and find empirical evidence regarding the effect of intellectual capital (and its three aspects : human capital, relational capital & structural capital) disclosure and leverage on cost of equity capital.The population in this study were all property and real estate sector companies listed on the Indonesia Stock Exchange in 2014-2017. By using a purposive sampling technique obtained as many as 39property and real estate sector companies that will be used as research samples. The data analysis method used is pooled regression analysis. The results showed that intellectual capital disclosure and its three aspects don’t have significant negative effect on cost of equity capital and leverage does not have a significant positive effect on cost of equity capital in property and real estate sector companies listed on the Indonesia Stock Exchange in 2014-2017