| Indonesia and Malaysia are Southeast Asiancountries thathave similargrowthratesin business performance. |
| Indonesia and Malaysia are Southeast Asiancountries thathave similargrowthratesin business performance. Both countrieshave experiencedthe global financial crisis and recoveredfrom the economicdownturn. This study examinedthe performance based on intellectual capital of Indonesianand Malaysiancompanies listed on the Indonesianand MalaysianStock Exchangesfrom 2013 until 2016using an analysisbased on the “Independent Sample t –test” to evaluate the Intellectual Capital value which consists of the variablesValue Added Capital Employed (VACA), Value Added Human Capital (VAHU), and Structural Capital Value Added (STVA), (Pulic, 1998). Based on the Value Added Intellectual Coefficient (VAIC)TM approach, the studyfound several performance differences between Indonesianand Malaysiancompanies involving the capital employment (VACA), human capital (VAHU), structural capital (STVA) and also a significant decline in company performance. |
