Intellectual capital boosts financial performance for Indonesian manufacturing companies.
The study looked at how intellectual capital affects the financial performance of 55 manufacturing companies in Indonesia from 2014 to 2018. They used data analysis software to analyze the data and found that efficient use of intellectual capital and capital employed positively impact a company's financial performance. Additionally, a lower debt-to-equity ratio was linked to better return on assets. The size of the company also played a significant role in its financial performance.