ABSTRACT
The objective of this research is to test empirically the mediating effect of intellectual capital on the relationship of corporate governance and barriers to entry to financial performance. This study was conducted with secondary data, which were the financial statements of mining sector companies in the period 2013–2015, and 93 samples were obtained. The hypotheses of this study were analyzed by means of partial least squares using WarpPLS 5.0 software. The results showed that corporate governance has a direct significantly negative influence on financial performance. Barriers to entry also showed a direct significantly negative effect on financial performance. This study proves the role of intellectual capital as a partial mediator in the relationship of corporate governance and barriers to entry to financial performance.
