RELEVANSI NILAI PENGUNGKAPAN MODAL INTELEKTUAL SECARA VOLUNTARY DAN INVOLUNTARY (THE VALUE RELEVANCE OF INTELLECTUAL CAPITAL VOLUNTARY AND INVOLUNTARY DISCLOSURES)

Dyna Rachmawati, C. Erna Susilawati

Abstract


The main purpose of this study is to examine the value relevance of intellectual capital dis-closures voluntary and involuntary. Previous studies use annual reports as main source to determine intellectual capital disclosures voluntary. Annual report is less reliable, unobjec­tive and contain advertorial. This study seeks for alternative sources to identify intellectual capital disclosures. To determine intellectual capital disclosures voluntary (involuntary), we use website (online business media). This study uses companies in Kompas 100 during Janu­ary – December 2017 as research samples. Intellectual capital disclosures measured by con­tent analysis method. The results show that intellectual capital disclosures both voluntary and involuntary have value relevance. The main contribution of this study is an alternative source to collect data on intellectual capital disclosures.

Keywords: value relevance, intellectual capital disclosure, official website, online business media

Penelitian ini bertujuan untuk menguji relevansi nilai pengungkapan modal intelektual secara voluntary dan involuntary. Penelitian-penelitian terdahulu menggunakan laporan tahunan se­bagai sumber pengungkapan modal intelektual secara voluntary. Laporan tahunan dianggap tidak obyektif dan tidak menunjukkan kondisi sebenarnya. Laporan tahunan cenderung ber-si­fat sebagai advertorial bagi perusahaan. Penelitian ini menggunakan sumber pengungkapan modal intelektual secara voluntary berbasis internet yaitu melalui website resmi perusahaan. Sedangkan pengungkapan modal intelektual secara involuntary menggunakan media bisnis online. Sampel penelitian ini menggunakan perusahaan yang termasuk dalam Kompas 100 periode Januari-Desember 2017. Modal intelektual diukur dengan menggunakan metode con­tent analysis (CA). Hasil penelitian menunjukkan bahwa pengungkapan modal intelektual secara voluntary dan involuntary mempunyai relevansi nilai. Keutamaan penelitian ini mem­berikan kontribusi akademis yaitu pada upaya pencarian alter­natif sumber pengungkapan modal intelektual. Kontribusi akademis lainnya adalah penggunaan media bisnis online se­bagai sumber pengungkapan modal intelektual secara in­voluntary memperkaya temuan akademis dalam penelitian bidang modal intelektual.

Kata kunci: relevansi nilai, pengungkapan modal intelektual, website resmi, media bisnis online


Keywords


value relevance, intellectual capital disclosure, official website, online business media; relevansi nilai, pengungkapan modal intelektual, website resmi, media bisnis online

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DOI: http://dx.doi.org/10.21002/jaki.2018.07



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