ANALISIS PENGARUH INTELLECTUAL CAPITAL TERHADAP ISLAMICITY FINANCIAL PERFORMANCE INDEX BANK SYARIAH DI INDONESIA

Abstract

The purpose of this study was to determine the effect of intellectual
 capital on the financial performance of Islamic banks in Indonesia. Dependent
 variable used in this study is the financial performance of Islamic banks based
 on islamicity financial performance index. Independent variables used in this
 study is the intellectual capital which is measured by using Pulic model that
 called Value Added Intellectual Coefficient (VAIC).
 The sample in this study is Islamic banking which is the Sharia
 Commercial Banks and Sharia Business Unit registered in Bank Indonesia in
 2005-2009. The sample was selected using purposive sampling method and
 obtained eight banks being sampled. Pulic model (Value Added Intellectual
 Coefficient) was used as a measure of the efficiency of components of intellectual
 capital: physical capital coefficient (VACA), human capital coefficient (VAHU),
 and structural capital coefficient (STVA). This study used partial least squares to
 analyze the data.
 The results showed that the intellectual capital significantly effect on
 islamicity financial performance index and can be used to predict
 future islamicity financial performance index. In addition the average growth
 of intellectual capital (ROGIC) also significantly influence future islamicity
 financial performance index.