Intellectual Capital and Financial Sustainability During The Covid-19 Outbreak

  • Authors

    • Rochman Arif Faculty of Economics and Business Sebelas Maret University
    • Bandi Bandi Faculty of Economics and Business Sebelas Maret University
    • Agung Nur Probohudono Faculty of Economics and Business Sebelas Maret University
    • Djuminah Djuminah Faculty of Economics and Business Sebelas Maret University
    https://doi.org/10.14419/ygyzg193

    Received date: May 15, 2025

    Accepted date: June 11, 2025

    Published date: June 21, 2025

  • Commissioners' Characteristics, Intellectual Capital, and Financial Sustainability

  • Abstract

    By examining the banking industry in Indonesia during the Covid-19 pandemic, this study aims to explore the influence of intellectual capital on financial sustainability moderated by top management characteristics. This analysis combines data from annual reports and sustainability reports of 81 Indonesian banking companies listed on the Indonesia Stock Exchange in 2019-2020. Data analysis involves multiple linear regression. This study finds that intellectual capital has a substantial influence on the board of commissioners' knowledge and understanding of financial sustainability. However, an increase in the board's intellectual capital does not affect financial sustainability. Although intellectual capital is a form of capital that companies must possess to address future challenges, which are predicted to drive improvements in sustainable financial performance, research on the impact of intellectual capital on financial sustainability remains scarce.

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    Arif, R., Bandi, B., Probohudono, A. N., & Djuminah, D. (2025). Intellectual Capital and Financial Sustainability During The Covid-19 Outbreak. International Journal of Accounting and Economics Studies, 12(2), 185-193. https://doi.org/10.14419/ygyzg193