Pengaruh manajemen risiko, modal intelektual dan inovasi terhadap nilai perusahaan dimediasi kinerja perusahaan

This study aimed to examine the effect of risk management, intellectual capital, and innovation on
firm value with companies’ performance as mediating variable. The population was LQ-45
companies that were listed on Indonesia Stock Exchange (IDX) from 2017-up to 2020.
Furthermore, the data collection technique used purposive sampling. There were 180 data that
were taken from LQ-45 companies’ annual reports and published in www.idx.co.id. Moreover,
the data analysis technique used both inner and outer models with Partial Least Square 3.0. The
result concluded that (1) Risk Management, Intellectual Capital, and Innovation did not affect the
firm value, (2) Risk Management and Innovation had a positive effect on the companies’
performance, (3) Intellectual Capital did not affect on the companies’ performance, and (4) the
company’s performance could not mediate the relationship among risk management, intellectual
capital, and innovation on the firm value.
Keywords: Enterprise Risk Management, Intellectual Capital, Firm Value, Company Perfomance