THE INFLUENCE OF INTELLECTUAL CAPITAL DIMENSIONS ON THE PERFORMANCE OF PHARMACEUTICAL COMPANIES LISTED ON THE IDX IN 2021-2023

This study aims to examine the effect of intellectual capital on company performance. The independent variables used in this study are intellectual capital components consisting of HCE (Human Capital Efficiency), SCE (Structural Capital Efficiency), and CEE (Capital Employed Efficiency). This study uses secondary data in the form of annual reports collected through the Indonesia Stock Exchange (IDX). This study uses a purposive sampling method consisting of 11 pharmaceutical companies listed on the Indonesia Stock Exchange (IDX) from a population of 33 samples in the 2021-2023 period. The data analysis technique uses multiple regression analysis to test the relationship between the ROA return ratio and IC. The results of the study show that Human Capital Efficiency (HCE) has a positive effect on company performance. However, Structural Capital Efficiency (SCE) and Capital Employed Efficiency (CEE) have a significant negative effect on company performance.