INTELLECTUAL CAPITAL AS A FINANCIAL PERFORMANCE MEASUREMENT IN PUBLIC SECTOR

摘要

The purpose of this study is to know the correlation between intellectual capital and financial performance with intellectual capital disclosure as moderation variable. The intellectual capital variable as the dependent variable is measured by using the VAIC indicator (Value Added Intellectual Capital) while for the independent variable is the financial performance measured by expense efficiency ratio, revenue variance ratio, revenue growth ratio, PAD growth ratio, capital expenditure ratio, and financial dependency ratio. And for the moderation variable is intellectual capital disclosures measured by ICDS indicator (Intellectual Capital Disclosures Score). And the object of study is Financial Report of Local Government in South Sulawesi Province. This study is using quantitative research approach by using a secondary data source. Data collection technique used is purposive sampling method. Analysis of the data in this study using multiple linear regression (multiple regression) to analyze the impact of the independent variable on the dependent variable and moderating variable with statistical software. From this study, it can be concluded that there is no significant correlation between intellectual capital and the financial performance of government institutions and there is a significant correlation between intellectual capital disclosure to the financial performance of government institutions and intellectual capital disclosures can moderate the relationship between intellectual capital and financial performance of government institutions.