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Journal

Corporate Governance, Enterprise Risk Management, and Company Performance

Management Analysis Journal · Vol. 10 No. 3 (2021) · pp. 321–329

DOI
10.15294/maj.v10i3.49518
ISSN
2502-1451, 2252-6552
Published
2021-11-01
Publisher
Universitas Negeri Semarang
Language
eng

Abstract

This research aims to examine the effect of good corporate governance as measured by the board of directors, audit committee, and institutional ownership on company performance with enterprise risk management as an intervening variable. The population is LQ-45 companies listed in the Indonesia Stock Exchange (BEI). The hypothesis testing is using path analysis by IBM SPSS Statistics 21 software. The results shows the board of directors has a negative effect on the company performance. The audit committees and institutional ownership have no effect on the company performance. Enterprise risk management has a positive effect on the company performance. The board of directors, audit committees, and institutional ownership have a positive effect on the enterprise risk management. This research also shows that enterprise risk management able to mediate the effect of the board of directors, and audit committees on the company performance.

Collaboration network of the authors

40 authors · 50 co-authorship links · showing the 40 most connected

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  • Muhammadiyah University of Surakarta
  • Affiliation unknown
  • Different organisations
  • Same organisation
  • Affiliation unknown
  • Thicker line = more joint articles · bigger circle = more articles
Show as table
Co-authorOrganisationJoint articles
Trisni SuryariniAffiliation unknown7
Dwi RatmonoAffiliation unknown2
Eko SugiartoAffiliation unknown2
Arif FiyantoAffiliation unknown2
Ramadhani Nurul AisyahAffiliation unknown2
Risqi Ervera Nur ArifahMuhammadiyah University of Surakarta1
Sujalwo SujalwoMuhammadiyah University of Surakarta1
Angga Brillian Susetyo PutraAffiliation unknown1
Fitria Octari HidayantiAffiliation unknown1
Fransiska Desi PrimastutiAffiliation unknown1
Ika An Nisa Ilmi Fa’atiAffiliation unknown1
Sandy AlfiantoAffiliation unknown1
Edelweis Asti AisyahAffiliation unknown1
Nurul IchsaniAffiliation unknown1
Febru ElindaAffiliation unknown1
Aliati MukaromahAffiliation unknown1
Rika YuliawatiAffiliation unknown1
Ziza Gita HardiniAffiliation unknown1
Shofia Nur InayantiAffiliation unknown1
Arma Kharisma ArditiyanAffiliation unknown1
Mella NofantikaAffiliation unknown1
Mohamad Rizal AminudinAffiliation unknown1
Sakinatul MunajatAffiliation unknown1
Deva Laksmi Dian GrahitaAffiliation unknown1
Retno WulandariAffiliation unknown1
Heni AmarinAffiliation unknown1
Kristi Kemala PutriAffiliation unknown1
Laila SalsabilaAffiliation unknown1
Muhammad Ihda Ainun NajibAffiliation unknown1
Satria Panji KusumaAffiliation unknown1
Asa Septa NugrahaAffiliation unknown1
Dimas Dwi OktaviantoAffiliation unknown1
Fatihatur RahmaAffiliation unknown1
Yulia WijayantiAffiliation unknown1
Aliffa Nurul QomariAffiliation unknown1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

Metadata source: OAI-PMH (metadata jurnal) https://journal.unnes.ac.id/sju/index.php/maj/oai, first harvested 6 Nov 2026, last seen 6 Nov 2026.
Original metadata (oai_dc) 
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	<dc:title xml:lang="en-US">Corporate Governance, Enterprise Risk Management, and Company  Performance</dc:title>
	<dc:creator>Hidayah, Retnoningrum</dc:creator>
	<dc:creator>Faizah, Siti Nurul</dc:creator>
	<dc:creator>Sukirman, Sukirman</dc:creator>
	<dc:creator>Suryandari, Dhini</dc:creator>
	<dc:creator>Zahid, Anwar</dc:creator>
	<dc:description xml:lang="en-US">This research aims to examine the effect of good corporate governance as measured by the board of directors, audit committee, and institutional ownership on company performance with enterprise risk management as an intervening variable. The population is LQ-45 companies listed in the Indonesia Stock Exchange (BEI). The hypothesis testing is using path analysis by IBM SPSS Statistics 21 software. The results shows the board of directors has a negative effect on the company performance. The audit committees and institutional ownership have no effect on the company performance. Enterprise risk management has a positive effect on the company performance. The board of directors, audit committees, and institutional ownership have a positive effect on the enterprise risk management. This research also shows that enterprise risk management able to mediate the effect of the board of directors, and audit committees on the company performance.</dc:description>
	<dc:publisher xml:lang="en-US">Universitas Negeri Semarang</dc:publisher>
	<dc:date>2021-11-01</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en-US">Peer-reviewed Article</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.unnes.ac.id/sju/maj/article/view/49518</dc:identifier>
	<dc:identifier>10.15294/maj.v10i3.49518</dc:identifier>
	<dc:source xml:lang="en-US">Management Analysis Journal; Vol 10 No 3 (2021): Management Analysis Journal; 321-329</dc:source>
	<dc:source>2502-1451</dc:source>
	<dc:source>2252-6552</dc:source>
	<dc:source>10.15294/maj.v10i3</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.unnes.ac.id/sju/maj/article/view/49518/20192</dc:relation>
	<dc:rights xml:lang="en-US">Copyright (c) 2021 Management Analysis Journal</dc:rights>
</oai_dc:dc>