The Impact of Risk Management on Firm Performance: Corporate Governance as Moderating Variable
This research aims to examine the impact of risk management, especially operational risk, credit risk, and liquidity risk on firm performance with corporate governance as a moderating variable. The research was conducted using secondary data from 48 companies in the Southeast Asia region which are i...
| Main Authors: | , |
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| Format: | Article |
| Language: | Indonesian |
| Published: |
Universitas 17 Agustus 1945 (UNTAG) Semarang
2023-01-01
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| Series: | Media Ekonomi dan Manajemen |
| Subjects: | |
| Online Access: | http://jurnal.untagsmg.ac.id/index.php/fe/article/view/3432 |
| _version_ | 1797945520228925440 |
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| author | Eduard Ary Binsar Naibaho Ni Made Crivanty Mayayogini |
| author_facet | Eduard Ary Binsar Naibaho Ni Made Crivanty Mayayogini |
| author_sort | Eduard Ary Binsar Naibaho |
| collection | DOAJ |
| description | This research aims to examine the impact of risk management, especially operational risk, credit risk, and liquidity risk on firm performance with corporate governance as a moderating variable. The research was conducted using secondary data from 48 companies in the Southeast Asia region which are included in the Consumer Durable and Apparel, Consumer Service, and Consumer Staples industry categories at S&P Capital IQ during the 2017-2021 period. The sample collection technique in this study used a purposive random sampling method. The result of this study finds that operational risk and credit risk do not affect firm performance, while credit risk has a negative effect on firm performance. This study also found that corporate governance can reduce the negative effect of liquidity risk on firm performance but strengthen the relationship between operational risk and credit risk on firm performance. The result found in this study has implications and contribution for the company to develop a good corporate governance in order to maximize the risk management and also for investor to assess the company risks. |
| first_indexed | 2024-04-10T20:56:24Z |
| format | Article |
| id | doaj.art-27344be700874109a0a30a9a5d04c349 |
| institution | Directory Open Access Journal |
| issn | 0854-1442 2503-4464 |
| language | Indonesian |
| last_indexed | 2024-04-10T20:56:24Z |
| publishDate | 2023-01-01 |
| publisher | Universitas 17 Agustus 1945 (UNTAG) Semarang |
| record_format | Article |
| series | Media Ekonomi dan Manajemen |
| spelling | doaj.art-27344be700874109a0a30a9a5d04c3492023-01-23T03:42:12ZindUniversitas 17 Agustus 1945 (UNTAG) SemarangMedia Ekonomi dan Manajemen0854-14422503-44642023-01-0138112914610.56444/mem.v38i1.34321592The Impact of Risk Management on Firm Performance: Corporate Governance as Moderating VariableEduard Ary Binsar Naibaho0Ni Made Crivanty Mayayogini1Universitas Pelita HarapanUniversitas Pelita HarapanThis research aims to examine the impact of risk management, especially operational risk, credit risk, and liquidity risk on firm performance with corporate governance as a moderating variable. The research was conducted using secondary data from 48 companies in the Southeast Asia region which are included in the Consumer Durable and Apparel, Consumer Service, and Consumer Staples industry categories at S&P Capital IQ during the 2017-2021 period. The sample collection technique in this study used a purposive random sampling method. The result of this study finds that operational risk and credit risk do not affect firm performance, while credit risk has a negative effect on firm performance. This study also found that corporate governance can reduce the negative effect of liquidity risk on firm performance but strengthen the relationship between operational risk and credit risk on firm performance. The result found in this study has implications and contribution for the company to develop a good corporate governance in order to maximize the risk management and also for investor to assess the company risks.http://jurnal.untagsmg.ac.id/index.php/fe/article/view/3432operational riskcredit riskliquidity riskfirm performancecorporate governance. |
| spellingShingle | Eduard Ary Binsar Naibaho Ni Made Crivanty Mayayogini The Impact of Risk Management on Firm Performance: Corporate Governance as Moderating Variable Media Ekonomi dan Manajemen operational risk credit risk liquidity risk firm performance corporate governance. |
| title | The Impact of Risk Management on Firm Performance: Corporate Governance as Moderating Variable |
| title_full | The Impact of Risk Management on Firm Performance: Corporate Governance as Moderating Variable |
| title_fullStr | The Impact of Risk Management on Firm Performance: Corporate Governance as Moderating Variable |
| title_full_unstemmed | The Impact of Risk Management on Firm Performance: Corporate Governance as Moderating Variable |
| title_short | The Impact of Risk Management on Firm Performance: Corporate Governance as Moderating Variable |
| title_sort | impact of risk management on firm performance corporate governance as moderating variable |
| topic | operational risk credit risk liquidity risk firm performance corporate governance. |
| url | http://jurnal.untagsmg.ac.id/index.php/fe/article/view/3432 |
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