The profitability and competitiveness of businesses centered around the knowledge economy currently hinge on intangible assets rather than physical and financial assets. The purpose of this study is to analyze the long and short-term effects and impulse responses of intellectual capital, good corporate governance mechanisms, growth sales, and agency cost on financial performance. This quantitative research uses a sample of 26 consumer goods companies listed on the Indonesia Stock Exchange, taking panel data for 5 years (2017-2021). The data analysis technique used is the Vector Error Correction Model (VECM) using Eviews 12. The results show that in the long-term intellectual capital, the independent board of commissioners has a negative and significant effect on financial performance, and the board of directors has a positive and significant effect on financial performance. Additionally, this study's findings demonstrate that intellectual capital, good corporate governance mechanisms (the independent board of commissioners and the board of directors), growth sales, and agency cost have no impact on financial performance in the short --term.