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Journal : IIJSE

The Influence of Governance, Risk and Compliance (GRC) and Company Characteristics on Financial Performance with Moderation of IT Investment in the Era of Digitalization Dewi, Febriana Candra; Aryati, Titik
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 7 No 3 (2024): Sharia Economics
Publisher : Sharia Economics Department Universitas KH. Abdul Chalim, Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v7i3.5516

Abstract

The study aims to determine the influence of Governance, Risk and Compliance (GRC) and company characteristics proxied by firm size, leverage, and sales growth on the company's financial performance, and to determine its influence when moderated by IT investment in the digitalization era in consumer goods industry sector companies listed on the IDX in 2019-2022. To achieve these objectives, the study was conducted using quantitative methods multiple linear regression methods, and using purposive sampling techniques for sampling. The data samples used in this study were 86 samples that were free from outlier data. Based on the evaluation results, it was found that GRC did not affect financial performance. Leverage had a negative effect on financial performance. While firm size and sales growth had a positive effect on financial performance. Then it was found that IT investment had no effect in strengthening the influence of GRC, firm size, and sales growth on financial performance, but IT investment could reduce the negative effect of leverage on the company's financial performance.
Co-Authors Aang Yulianto Aang Yulianto Adawiyah, Wiwik Robiatul Agatha, Hafizza Tasya Agung Priyanto Agung Priyanto Agus Salim AINI, Aisyah Qurratul Alfan, Inas Maritsa Aliya Husna Amalia, Fitri Prima Nur AMANDA, Febyanti Dwi Ananda, Revata Tri Andreas Stephanson Malau Apriliana Ardani Augustine, Yvonne Aviva Amalia Bagus Budi N, Y. Agus Celine Naomi Celine Naomi Christa Setyfhania, Pury Darmawan, Arya David Riyanto de Gala, Brina Sitanggang Delfina, Cicely Dewi, Febriana Candra DEWI, Fitriyati Arlyta Dipo Rizkika Alfaiz Etty Murwaningsari Etty Murwaningsari Fauziah Asyhari Fitri Indriawati Florencia Agatha Susanti Giska Hawa Syahrani Harahap, Cicely Delfina Hekinus Manao Heni Swastika Hermanto Yaputra Hestiana, Neng Inas Maritsa Alfan Indah Fajaryani Indrawati Marpaung, Elyzabet Intan Sandra Az Zahra Intan Wahyudi Intan Wahyudi Juniati Gunawan, Juniati KHOMSIYAH Kurniawati Malau, Andreas Stephanson Melinda Malau Mochamad Hady Prayoga Nabila Kusumawardhani Setyawan Natasya Nadia Wibowo Norma Fitra Dana Suherman Norma Fitra Dana Suherman Nurhayati, Nimati Andini Nurul Khabibah Nurul Khabibah, Nurul Oktavianto Nugraha Pratama Omega Fransisca Gunawan Prakoso, Faisal Putritanti, Lidwina Ribka Riska Dila Riyanti, Yulia Eka Rony Hermawan Rony Hermawan Salsabila Dwi Nada Putri Saskia Azahra Fauziah Sekar Mayangsari Shafa Ashila Arnando Shafrani Dizar Shirin Balafif Shirin Balafif, Shirin Siti Mainah Supriadi, Adi Susanti, Florencia Agatha Swastika, Heni Wahyuni, Lidia Williem Williem Williem, Williem Wiwik Utami Wiyono, Slamet Yoel Charisma Walansendouw Yusran, Husna Leila