Peranan Good Corporate Governance Memoderasi Hubungan Agency Cost, Enterprise Resource Planning dan Growth Opportunity Terhadap Kinerja Perusahaan
), Sugiyanto Sugiyanto(2),
(1) Universitas Pamulang
(2) Universitas Pamulang
Corresponding Author
Abstract
This study aims to determine the role of Good Corporate Governance in moderating the relationship between Agency Cost, Enterprise Resource Planning and Growth Opportunity on Company Performance (Study on Financial Sector Companies listed on the Indonesia Stock Exchange for the 2018-2022 Period). This type of research uses quantitative. The sample in this study was obtained using Purposive Sampling, so that 22 (twenty two) companies were obtained with a research period of 2018-2022 so that 110 (one hundred and ten) sample units were obtained. The methodology used is using the chow test, hausman test, and multiple langrange test for model selection. As well as descriptive statistical tests, classical assumption tests, panel data regression analysis tests and Moderated Regression Analysis (MRA). The data used are secondary data. The analysis method used is a hypothesis with the help of E-Views 12. The results of this study are that based on a partial test, agency costs do not affect company performance, enterprise resource planning affects company performance and growth opportunities do not affect company performance. Based on the moderation test, good corporate governance strengthens the relationship between agency costs and company performance, good corporate governance strengthens the relationship between enterprise resource planning and company performance and good corporate governance weakens the relationship between growth opportunities and company performance.
Keywords
References
Aimi, A. N., dkk. (2023). Pengaruh Good Corporate Governance Terhadap Kinerja Perusahaan Pada PT. Inatel Nusantara. Hita Akuntansi dan Keuangan Universitas Hindu Indonesia, Edisi April 2023.
Basuki, A., & Prawoto, N. (2017). Analisis Regresi Dalam Penelitian Ekonomi& Bisnis: Dilengkapi Aplikasi SPSS & Eviews.Jakarta: PT. Raja Grafindo Persada.
Benarda, dkk (2022). Pengaruh Good Corporate Governance, Persistensi Laba Dan Earning Growth Terhadap Kualitas Laba. Jurnal Akuntansi Berkelanjutan Indonesia, Vol 5, No. 1, Januari 2022.
Dewantoro, R., dkk. (2022). Pengaruh Good Corporate Governance Terhadap Kinerja Perusahaan Perbankan Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Ilmu dan Riset Akuntansi, Vol 11, No. 1, Januari 2022.
Dewi, N. P., dkk (2022). Pengaruh kinerja keuangan dan ukuran perusahaan terhadap nilai perusahaan dengan good corporate governance sebagai variabel moderasi. Jurnal Pendidikan Tambusai, Vol 6, No. 1, 2022.
Evivani, dkk. (2023). Pengaruh Implementasi Good Corporate Governance (GCG) Dan Agency Cost Terhadap Kinerja Perusahaan Manufaktur Sub Sektor Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia (Bei) Periode 2013-2017. Pareso Jurnal, Vol 5 No.1, Maret 2023.
Fatoni, H. A., dkk (2021). Pengaruh profitabilitas terhadap nilai perusahaan dengan good corporate governance (GCG) sebagai variabel moderasi. SIKAP, Vol. 5 No.2 2021.
Hapsari, D. P. (2019). Pengaruh Enterprise Resource Planning terhadap Kinerja Keuangan Perusahaan. Riset & Jurnal Akuntansi, Vol 3, No. 2, Agustus 2019.
Imam Ghozali, M.Com, C.A, Ph.D, and C.A. Dr. Dwi Ratmono, M.Si. 2018. ANALISIS MULTIVARIANT DAN EKONOMETRIKA Teori, Konsep, Dan Aplikasi Dengan Eviews 10.
Irnawati, J., dkk. (2023). Pengaruh Debt To Equity Ratio Dan Growth Opportunity Terhadap Nilai Perusahaan. Owner: Riset & Jurnal Akuntansi, Vol 7, No. 1, Januari 2023.
Lewar, L. N. R., dkk (2022). The effect of tax planning, income smoothing, and capital structure on company value with good corporate governance as moderating variables: An empirical study on infrastructure, utilities, and transportation sector companies listed in IDX period 2016–2019. Budapest International Research and Critics Institute-Journal (BIRCI-Journal), Vol 5, No.3, August 2022.
Murdiansyah, I., dkk. (2020). Pengaruh Struktur Modal, Ukuran Perusahaan Dan Agency Cost Terhadap Kinerja Perusahaan Manufaktur Terdaftar Di Bei. Jurnal Ilmiah Akuntansi Peradaban, Vol 6, No. 1, Juni 2020.
Naek, T., dkk (2020). Pengaruh Corporate Social Responsibility terhadap Kinerja Perusahaan dengan Good Corporate Governance sebagai variabel moderasi pada perusahaan manufaktur di Bursa Efek Indonesia periode 2015-2017. Jurnal Akuntansi, Vol 12, No. 1, Mei 2020.
Nguyen, T. H., & Nguyen, T. L. (2023)"Agency costs, corporate governance and firm performance: Evidence from Vietnam." Journal of Asian Business and Economic Studies, 30 (1), 2023.
Nurmalasari, M. R., dkk. (2021). Pengaruh Agency Cost Terhadap Nilai Perusahaan Bumn Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Ilmiah Manajemen dan Bisnis, Vol 6, No. 2, Desember 2021.
Putri, T. D. (2020). Struktur Kepemilikan, Corporate Governance, Agency Cost, Dan Kinerja Perusahaan. Menara Ekonomi, Vol 6, No. 1, Oktober 2020.
Rahmani, H. F. (2018). Pengaruh Penerapan Enterprise Resource Planning (ERP) Terhadap Kinerja Perusahaan. Jurnal Indonesia Membangun, Vol 17, No. 3, September-Desember 2018.
Silahi, I. P., dkk. (2022). Pengaruh Enterprise Resource Planning (ERP) Terhadap Kinerja Perusahaan Usaha Kecil Menengah. Jurnal Syntax Admiration, Vol 3, No. 6, Juni 2022.
Sofyaun, A., dkk. (2022). Tata Kelola Perusahaan Dalam Kinerja Keuangan Melalui Agency Cost. Jurnal Darma Agung, 30(3), Desember 2022.
Sugiyanto, S., & Candra, A. (2019). Good Corporate Governance, Conservatism Accounting, Real Earnings Management, And Information Asymmetry On Share Return. Jiafe (Jurnal Ilmiah Akuntansi Fakultas Ekonomi), 4(1), 9-18
Sugiyanto, S., Febrianti, F. D., & Suripto, S. (2020). Good Corporate Governance And Tax Avoidance To Cost Of Debt With Growth Opportunityas Moderating (Empirical Study On Manufacturing Company And Finance Service Listed In Idx 2015-2019). The Accounting Journal Of Binaniaga, 5(2), 123-140
Sugiyanto, S. (2022). The effect of the audit opinion, financial distress, and good corporate governance on audit delay. Keberlanjutan : Jurnal Manajemen dan Jurnal Akuntansi, 7(1), 72-82
Sugiyono. 2018. Metode Penelitian Kuantitatif, Kualitatif, Dan R&D. Bandung:ALFABETA.
Sugiyono. 2019. Metode Penelitian Kuantitatif, Kualitatif, Dan R&D. Bandung:ALFABETA
Sugiyono. 2021. Metode Penelitian Kuantitatif, Kualitatif, Dan R&D. 2nd ed. ed. MT Dr. Ir. Sutopo. S.Pd. ALFABETA, CV
Sutihat, A. (2024). Pengaruh Growth Opportunity, Keputusan Investasi dan Kinerja Keuangan terhadap Nilai Perusahaan pada Perusahaan Healthcare yang Terdaftar di Bursa Efek Indonesia. AKADEMIK Jurnal Mahasiswa Ekonomi & Bisnis, Vol 4, No. 1, Januari 2024.
Suwarti, T., dkk. (2020). Pengaruh Debt Covenant, Profitabilitas Dan Growth Opportunities Terhadap Konservatisme Akuntansi (Study Pada Perusahaan Manufaktur Yang Terdaftar Di Bei Tahun 2016-2018). Proceeding SENDIU 2020.
Tsaniatuzaima, Q., dkk (2022). Pengaruh CR, ROA, DER terhadap nilai perusahaan dengan good corporate governance sebagai variabel moderasi. Owner: Riset & Jurnal Akuntansi, Vol. 6, No. 3, Juli 2022.
Zidane, R., dkk. (2022). Pengaruh Profitabilitas, Growth Opportunity, Capital Structure Dan Size Terhadap Nilai Perusahaan Real Estate Dan Property Yang Terdaftar Di Bei Tahun 2018- 2021. Jimat (Jurnal Ilmiah Mahasiswa Akuntansi) Universitas Pendidikan Ganesha, Vol 13, No. 03, 2022.
Article Metrics
Abstract View
: 149 times
Download : 161 times
DOI: 10.57235/mantap.v2i2.3447
Refbacks
- There are currently no refbacks.
Copyright (c) 2024 Sylvia Dwi Hadiyanti, Sugiyanto Sugiyanto
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
