Intellectual capital and firm growth drive firm value in Islamic companies.
The study looked at how intellectual capital, firm size, and firm growth affect the value of companies in the Jakarta Islamic Index on the Indonesia Stock Exchange from 2016 to 2019. They found that intellectual capital and firm size have a negative impact on firm value, while firm growth has a positive impact. Profitability moderates the relationship between intellectual capital and firm size on firm value, but not for firm growth.