ABSTRACT
91Science-based economic developments encourage companies to improve the management of their intangible assets such as intellectual capital. The purpose of this study was to determine the effect of intellectual capital consisting of three basic elements, namely Value Added Capital Employed (VACA), Value Added Human Capital (VAHU), and Structural Capital Value Added (STVA) on the performance of Return on Assets (ROA) on real estate & property companies listed on the Indonesia Stock Exchange (IDX) for the period of 2014–2016. This type of research is quantitative research with secondary data sourced from financial statements. Data analysis in this study used the method of multiple regression analysis. Data testing used the SPSS version 22 application. The results showed that VACA, VAHU, and STVA simultaneously affected 61.80% ROA, VACA affected 47.75% ROA, VAHU affected 50.41% ROA, and STVA did not affect ROA.
