The Effect of Intellectual Capital to Value Relevance of Accounting Information Based on PSAK Convergence of IFRS (Manufacture Firms in Indonesia)

This research examined the effect of Intellectual Capital to Value Relevance Accounting Information based on PSAK convergence IFRS. Samples were 65 manufacture firms listed at BEI. Measurement for Intellectual Capital used Pulic's VAIC model: VACA, VAHU, STVA as independent variables and Value Relevance Accounting Information used EPS, BVEPS, CFOA as dependent variables. Regression model explored the relationship between Intellectual Capital and Value Relevance Accounting Information. The result revealed Intellectual Capital could give positive effects and significant to Value Relevance Accounting Information of public firms in Indonesia before and after PSAK convergence IFRS, except BVEPS after PSAK convergence IFRS. (C) 2015 The Authors. Published by Elsevier Ltd.