Article Per Year (5 Year)
p-Index From 2020 - 2025
5.296
P-Index
This Author published in this journals
All Journal Jurnal Ekonomi dan Bisnis Jagaditha Krisna: Kumpulan Riset Akuntansi Juara: Jurnal Riset Akuntansi Jurnal Bakti Saraswati EKONOMIS : Journal of Economics and Business JURNAL PENDIDIKAN TAMBUSAI Jurnal Ilmiah Akuntansi dan Bisnis Studi Akuntansi dan Keuangan Indonesia (SAKI) Journal of Applied Management and Accounting Science (JAMAS) Jurnal Ekonomi Bisnis, Manajemen dan Akuntansi (JEBMA) Journal of International Conference Proceedings JURNAL AKUNTANSI DAN BISNIS Jurnal Indonesia Sosial Teknologi Jurnal Indonesia Sosial Sains International Journal of Application on Economics and Business Integration: Journal Of Social Sciences And Culture Jurnal Inovasi Akuntansi Jurnal Pengabdian Masyarakat SENEMA Jurnal Akuntansi
Luh Putri Mas Mirayani
Fakultas Ekonomi Dan Bisnis, Universitas Mahasaraswati, Bali, Indonesia
Arts Humanities Astronomy Biochemistry, Genetics & Molecular Biology Chemistry Computer Science & IT Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Education Electrical & Electronics Engineering Energy Environmental Science Immunology & microbiology Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Materials Science & Nanotechnology Neuroscience Physics Social Sciences Other

Published : 31 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 31 Documents
Search

 1   2   3   4 
The Board Independence and Performance Nexus: The Moderating Role of Firm Size Mirayani, Luh Putri Mas
Jurnal Ilmiah Akuntansi & Bisnis Vol 10 No 2 (2025)
Publisher : Universitas Pendidikan Nasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38043/jiab.v10i2.7138

Abstract

This study examines the relationship between board independence and firm performance, emphasizing the moderating role of firm size in Indonesia’s manufacturing sector during 2021-2023. Grounded in Agency Theory, the research investigates how the proportion of independent commissioners affects Return on Assets (ROA) and whether firm size influences this relationship. Using a quantitative causal-associative approach with 177 firm-year observations from 59 listed manufacturing companies on the Indonesia Stock Exchange (IDX), the data were analyzed through Moderated Regression Analysis (MRA) after passing all classical assumption tests. The findings reveal that a higher proportion of independent commissioners significantly improves firm profitability (ROA). However, firm size negatively moderates this relationship, meaning that the positive effect of board independence weakens as firms grow larger. This result indicates that independent commissioners are more effective in smaller firms where their monitoring and advisory functions can operate without bureaucratic constraints, while in larger firms, their influence is limited by managerial entrenchment and structural complexity. Theoretically, this study enriches Agency Theory by demonstrating that board independence does not have a uniform impact but depends on organizational context specifically, firm size. Practically, the results encourage regulators and investors to move beyond a “one-size-fits-all” governance framework by strengthening the actual capacity and authority of independent commissioners in large corporations.
Co-Authors Anak Agung Sagung Istri Pramanaswari Anik Yuesti Eka Setiawati, Luh Pande Elisabeth Ria Viana Praningtyas I Gusti Ayu Listya Putri I Gusti Ayu Ratih Permata Dewi I Gusti Putu Eka Rustiana Dewi I Kadek Adi Suswandayana I Kadek Bagiana I Kadek Elva Sugiantara I Komang Oka Permadi I Made Aditya Wardana I Made Edi Saputra Mahendra Idayani, Ni Putu Tisha Manika Kadek Indah Kusuma Dewi Komang Febri Mandala Putra MAHARANI, Anak Agung Ayu Trisna Manuari, Ida Ayu Ratih Ni Kadek Andry Dwi Putri Ni Luh Gede Dahlia Prilistika Ni Luh Nyoman Sherina Devi Ni Made Dwi Puspitawati Ni Putu Chintya Pradnyandari Nyoman Agus Chandra Sekharendra Pande Ketut Ribek Purnawan, I Kadek Putu Ari Pertiwi Sanjiwani Putu Ayu Anggya Agustina Putu Gede Wahyu Satya Nugraha Putu Kepramareni Rini Subekti RR. Maria Yulia Dwi Rengganis Setiawati, Luh Pande Eka Yenny Verawati Yura Karlinda Wiasa Putri