Pengaruh Manajemen Risiko dan Modal Intelektual Terhadap Kinerja Perusahaan
Abstract
Tujuan dari penelitian ini adalah untuk mengetahui hubungan antara manajemen risiko dan modal intelektual terhadap kinerja perusahaan. Data yang digunakan dalam penelitian ini diekstrasi dari laporan keuangan dan catatan perusahaan dari tahun 2016 hingga 2020. Data yang telah terkumpul kemudian diolah dengan menggunakan analisis regresi panel. Adapun hasil yang didapatkan adalah adanya hubungan signifikan positif antara modal intelektual dengan kinerja perusahaan. Total Manajemen risiko mempengaruhi secara positif terhadap kinerja perusahaan tetapi tidak signifikan. Selain itu, variabel kontrol leverage keuangan terbukti memiliki pengaruh signifikan negatif dengan kinerja perusahaan dan ukuran perusahaan mempengaruhi secara negatif tetapi tidak signifikan terhadap kinerja perusahaan. Saran supaya penelitian selanjutnya menjadi lebih baik lagi adalah dengan menambah variabel yang tidak ada didalam penelitian ini dan penambahan sampel data.
Kata Kunci: Kinerja perusahaan; Manajemen Risiko;Modal Intelektual;Leverage keuangan; Ukuran perusahaan
Abstract
The purpose of this study was to determine the relationship between risk management and intellectual capital on company performance. The data used in this financial research is extracted from company reports and records from 2016 to 2020. The data that has been collected is then processed using a regression analysis panel. The results obtained are a positive relationship between intellectual capital and company performance. Total Management but positively affects the company's performance is not significant. In addition, the financial leverage control variable has been shown to have a significant effect on firm performance and firm size has a negative but not significant effect on firm performance. Suggestions for further research to be even better are adding variables that are not in this study and adding sample data.
Keywords: Company Performace; Management Risk;Intellectual Capital;Financial Leverage; Firm Size
Full Text:
Download PDF (Bahasa Indonesia)References
Andersen, T. J. (2008). The Performance Relationship of Effective Risk Management: Exploring the Firm-Specific Investment Rationale. Long Range Planning, 41(2), 155–176.
Arena, M., Arnaboldi, M., & Azzone, G. (2010). Accounting , Organizations and Society The organizational dynamics of Enterprise Risk Management. Accounting, Organizations and Society, 35(7), 659–675.
Barney, J. (1991). Firm Reources ad Sustained Competitive Advantege. In Journal of Management (Vol. 17, Issue 1, pp. 99–120).
Chapman, C., & Ward, S. (1997). Project Risk Management: Processes, Techniques and Insights. In Journal of the Operational Research Society (Vol. 49, Issue 7).
Collier, P. M. (2007). Risk and management accouting: Best Practice for Enterprise-wide Internal Control Procedures. The British Accounting Review, 39(3), 265–266.
Davenport, E. W., & Bradley, L. M. (2001). Enterprise Risk Management." A Consultative Perspective. Retrieved August, 28, 2005.
Durán Santomil, P., & Otero González, L. (2020). Enterprise risk management and Solvency II: the system of governance and the Own Risk and Solvency Assessment. Journal of Risk Finance, 21(4), 317–332.
Ghozali, I. (2006). Aplikasi Analisis Multivariate dengan Program SPSS. Badan Penerbit Universitas Diponegoro, Semarang., Edisi ketiga.
H. W. Page. (1960). Profit Sharing between Producing Countries and Oil Companies in the Middle East : A Reply Author ( s ): H . W . Page Published by : Wiley on behalf of the Royal Economic Society Stable
Henny Setyo Lestari. (2017). Pengaruh Intellectual Capital Dan Ukuran Perusahaan Terhadap Kinerja Keuangan Perusahaan. Jurnal Muara Ilmu Ekonomi Dan Bisnis, 4(1), 64.
Hoyt, R. E., & Liebenberg, A. P. (2011). The Value of Enterprise Risk Management. Journal of Risk and Insurance, 78(4), 795–822.
Jafari, M., Chadegani, A. A., & Biglari, V. (2011). Effective risk management and company’s performance: Investment in innovations and intellectual capital using behavioral and practical approach. International Research Journal of Finance and Economics, 80(May), 75–83.
Leach, J. C., & Melicher, R. W. (2012). Entrepreneurial finance.
MARR, B. (2005). A Strategy Perspective on Intellectual Capital. Perspectives on Intellectual Capital, January 2005, 28–41.
Mohammed, H. K., & Knapkova, A. (2016). The Impact of Total Risk Management on Company’s Performance. Procedia - Social and Behavioral Sciences, 220(March), 271–277.
Nimtrakoon, S. (2015). The relationship between intellectual capital, firms’ market value and financial performance: Empirical evidence from the ASEAN. Journal of Intellectual Capital, 16(3), 587–618.
Rexhepi, G., Ibraimi, S., & Veseli, N. (2013). Role of Intellectual Capital in Creating Enterprise Strategy. Procedia - Social and Behavioral Sciences, 75, 44–51.
Salaudeen, Y. M., Atoyebi, T. A., & Oyegbile, B. A. (2018). Enterprise Risk Management and Performance of Selected Listed Consumer Goods Companies in Nigeria. Applied Finance and Accounting, 4(1), 115.
Santoso, S. (2012). Panduan Lengkap SPSS Versi 20.
Simons. (1995). Levers of Control: How Managers Use Innovative Control Systems to Drive Strategic Renewal. Academy of Management Perspectives, 9(2), 82–84.
Sofian, S., Dwijayanti, S. P. F., & Wijaya, H. (2020). Intellectual capital and firm performance in the Indonesian non-financial firms. Jurnal Keuangan Dan Perbankan, 24(1), 106–116.
Susanti, S., Martian Fajar, C., Komalasari, Y., Ekonomi, F., & Akuntansi, J. (2020). Peran Modal Intelektual Terhadap Kinerja Perusahaan Pada PT Primarindo Asia Infrastructure Tbk Tahun 2008-2017. Jurnal Sain Manajemen, 2(1), 2685–6972.
Ulum, I. (2007). Pengaruh Intellectual Capital Terhadap Kinerja Keuangan Perusahaan Perbankan Di Indonesia Nama : Ihyaul Ulum Nim : C4c005262 Program Studi Magister Sains Akuntansi Program Pascasarjana Universitas Diponegoro Semarang 2007.
DOI: https://doi.org/10.37531/sejaman.v4i2.1204
Refbacks
- There are currently no refbacks.
