ANALYTIC HIERARCHY PROCESS: AN EMPIRICAL VALUATION FOR INTANGIBLE ASSETS
PLANNING MALAYSIA JOURNAL
Intellectual capital or intangible assets has become widely accepted as one of the most important assets of many of the world's largest companies. However, it is often pointed out that conclusion about valuation in intellectual capital shows a significant difference to capture the potential corporate value activities and determine their future earnings. This paper empirically investigates valuation in the intellectual capital by applying the Analytic Hierarchy Process (AHP) by sorting the
... y sorting the non-financial value driver for their weight contributions. It uses topfour industrial sectors in Indonesia which are competing in a distinctive sector to find the observable performance differences. Simultaneously, to complete this research, questionnaires were distributed to valuers in the headquarter of Indonesian Directorate General of State Assets Management (DGSAM). AHP model was used to explore the value weights and ranks among those industries. The findings in this paper are focused on investigating the relative value distribution and determining the diverse patterns across industry by highlighting the importance of intellectual capital to create value advantages.