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Journal : Jurnal Manajerial

Pengendalian Manajemen Sebagai Upaya Mengoptimalkan Kinerja Keuangan Amalina, Nur; Erikawati, Civi; Haziroh, Awanis Linati
Jurnal Manajerial Vol 11 No 03 (2024): Jurnal Manajerial
Publisher : Program Studi Manajemen Universitas Muhammadiyah Gresik

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30587/jurnalmanajerial.v11i03.8315

Abstract

Background – The debt phenomenon is very crucial in the company. Many entrepreneurs go bankrupt or fail to pay due to debts owned by the company so that debt has a big pressure on generating company profits. Aim – This research is to analyze the influence of corporate governance on financial performance and external pressure as mediating variables. Design / methodology / approach – The cumulative method used to describe relationships in research and the analysis tool is Eviews.10 software. The sample used was 720 observation data from 144 financial sector companies for five years (2018-2022). Findings – This shows that the board has a significant negative impact on external pressure. Independent directors and commissioners have a significant positive influence on external pressure. The board of directors has a significant positive influence on financial performance. Board independence has no effect on financial performance. Board and external pressures have a material negative impact on financial performance. External pressure indirectly has a negative and significant influence on financial performance among independent directors and commissioners. We also provide active and authoritative mediation between the board of directors and financial performance. Conclusion – This needs to be taken into consideration that external pressure has a strong impact on independent directors and the board of commissioners so that the resulting performance will decrease, while the board of directors will have a strong impact on improving performance because the board of directors is able to control the pressure that arises from stakeholders. Research implication – For manufacturing companies, they will be able to see which ones can provide an increase in company profits so that they will be able to maximize corporate governance in managing the company's finances. Limitations – This research only uses one sector, namely manufacturing companies. This research needs to be expanded to different sectors.
Co-Authors Adilla Kustya Ulfa Aditya Aditya AGUS PRAYITNO Alicasari, Shalom Olivia Amanda Dyla Pramadanti Anak Agung Istri Sri Wiadnyani Aqmala, E. Diana Ariati Anomsari Ariati Anomsari Aripin, M Arsanda, Tiara Daffa Artha Febriana Aytekin Demircioglu Buana, Bintang Angkasa Cahyani, Ardhia Pramesty Regita Civi Erikawati Damar, Haunan Diana Aqmala Diana Aqmala Diana Aqmala Fatmawati, Elia Resha Febrianur Ibnu Fitroh Sukono Putra Firnanda, Muhammad Alul Fitri, Anisa Aulia Hadi, Saiful Nur Handy Nur Cahya Hanifah, Ulfiyah Herry Subagyo Hertiana Ikasari Hidayat, Rafli Wahyu Juliana, Laras Kanaya, Fadia Zulfa Kusni Ingsih Kusuma, Pradana Jati Lestari, Selvia Puji Maharani, Dian Ayu Maharani, Intan Putri Dwi Maharani, Nabila Shafiya Mahmud Mahmud Mahmud Mahmud Mahmud Mahmud Martha Christi Masitha Fahmi Wardhani Mila Sartika, Mila Mochammad Eric Suryakencana Wibowo Monix Alfionita Lestari Muhammad Helga Rizkiawan Mujib, Miftachul Mulyono, Fauzi Nabilla, Habibah Yuhrotun Nur Amalina Oktavia, Vicky Oktaviyanto, Salsabila Ayu Perdana, Tito Aditya Permatasari, Viona Aldina Piji Pakarti Pitaloka, Rindu Intan Pramadanti, Amanda Dyla Prastiwi, Stefani Firahani Prawitasari, Dian Puji Purwatiningsih, Aris Purusa, Nanda Adhi Raden Ayu Aminah Rizkia Puspita Sari Ratna Wardani Rina Wulandari Ririt Iriani Sri Setiawati Risanda Alirastra Budiantoro Rizki Putri, Raden Ayu Aminah Rosmiyati, Sinta Roymon Panjaitan Saman, Maulidina Baety Nafiah Samasta, Almira Santi Sari, Raden Ayu Aminah Rizkia Puspita Sasti Ayu Anggraeni Sidauruk, Intan Yohana Sih Darmi Astuti Sisca Dian Rahmawati Suhita W. Setyahuni Suhita Whini Setyahuni Suryakencana Wibowo, Mochammad Eric Syamsul Arifin Tri Esti Rahayuningtyas Trianovita, Helena Ade Ulya, Zahrotul Wardani, Nizia Kusuma Wibowo, Mochammad Eric Suryakencana Wijanarko, Danang Yanuar Ferdiansyah Yohan Wismantoro Yudistira Marcelino Pasha Yulianto, Ahmad Rudi