THE INFLUENCE OF CORPORATE SCIENCE AND INNOVATION TO THE FIRM VALUE (Empirical Study on Indonesia Manufacturing Firm Listed on Indonesia Stock Exchange Period of 2011-2015)
Globalization has become increasingly significant to the economic and business by growing cross-border interconnectedness. As a reaction to globalization, ASEAN countries attempt to develop economic integration called AEC (ASEAN Economic Community). Based on that, business or firms especially in...
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Format: | Theses and Dissertations NonPeerReviewed |
Language: | Indonesian Indonesian |
Published: |
2017
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Subjects: | |
Online Access: | http://repository.unair.ac.id/60626/1/ABSTRAK.pdf http://repository.unair.ac.id/60626/2/A.%20188-17%20Sof%20i.pdf http://repository.unair.ac.id/60626/ http://lib.unair.ac.id |
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Institution: | Universitas Airlangga |
Language: | Indonesian Indonesian |
Summary: | Globalization has become increasingly significant to the economic and business by growing
cross-border interconnectedness. As a reaction to globalization, ASEAN countries attempt to
develop economic integration called AEC (ASEAN Economic Community). Based on that,
business or firms especially in Indonesia need to create competitive advantage in order to
make sustainability. Creating competitive advantage by developing scientific research
activities as corporate science and doing innovation is the winning strategy to maximize the
firm value, which is the goal of the firm. This research addressed this gap and examined the
scientific activities and innovation on firm value. Population used in this research is
manufactaring company listed on Indonesia Stock Exchange during 2011-2015. Sample was
obtained by purposive sampling method and determined by certain criteria. The hypothesis
verification used Path Analysis method by using SPSS Software 2.0. This research provided
result that corporate science had insignificant influence to the firm value, however, the
corporate science had significant influence to the innovation. Moreover, the innovation itself
also had influence to the firm value and was able to mediate the influence of corporate
science towards the firm value. |
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