ANALISIS MODAL INTELEKTUAL TERHADAP PERFORMA LEMBAGA PENDIDIKAN TINGGI

Abstract

The changing paradigm from labor based business to knowledge based business has made the Intellectual Capital (IC) as an important thing that should be accounted for. IC consists of three basic elements: Human Capital, Structural Capital and Relational Capital. Managers in modern companies have realized and considered the important role of IC in generating profitable businesses. However, business is not the only entity that should consider their IC. In fact, these are the real power that drives university in producing, developing, and bringing students to the future. Accordingly, proponents agree to disclose these on the income statement. Whilst, IC describes the creation values, accounting practice does not have tools to identity, measures and disclose these values on the annual reports. Therefore, this research attempts to provide ideas and open nuance for accountants and it is expected to give practical contribution for strategic decision making of higher education institution in maximizing its intellectual capital to improve its performance as well as its competitive advantage. The purpose of this study is to identify the roles and conditions of Human Capital, Structural Capital, and Relational Capital in one of the private universities in Surabaya towards its performance based on the standardized assessment matrix portfolio, established by the government of Indonesia. This study provides recommendations to calculate and record the human capital as to improve the performance and service facilities offered by the university through the components of Intellectual Capital it owns. This study suggest that X University is continuously making improvements in order to provides better services and the core strength of the university are the human capital and its organizational culture. This study summarized the IC report, human capital shows the results of Rp38.678.149, while structural and relational capital are reported in term of qualitative report .On the other hand, the study suggest that the university should focus on the highest weight of assessment to improve the result of its accreditation.