PROFITABILITAS SEBAGAI MEDIATOR ANTARA MODAL INTELEKTUAL DAN NILAI PERUSAHAAN: STUDI EMPIRIS PADA SEKTOR TEKNOLOGI YANG TERDAFTAR DI BEI TAHUN 2023

This research aims to analyze profitability as a mediator between intellectual capital and company value. Empirical studies on technology companies listed on the IDX in 2023. Intellectual capital is measured using VAIC, company value is measured by Price Earning Ratio (PER) and profitability is measured using Return on Equity (ROE). The sample collection technique was purposive sampling to obtain 42 samples. This research uses descriptive statistical tests, classical assumption tests, hypothesis tests, and path analysis processed with IBM SPSS Statistics. The results of this research show that intellectual capital has a negative effect while profitability has a positive effect on company value. And profitability is not able to mediate the relationship between intellectual capital and company value. This reflects that the efficiency of intellectual capital management is not yet a major factor in influencing the value of companies in the technology sector in Indonesia in 2023.