Article Per Year (5 Year)
p-Index From 2020 - 2025
0.23
P-Index
This Author published in this journals
All Journal Paradoks : Jurnal Ilmu Ekonomi
Wangi, Bunga Mega
Unknown Affiliation
Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
The Effect of Corporate Governance on Profitability as A Moderating Variable Wangi, Bunga Mega; Komalasari, Agrianti; Suhendro, Saring
Paradoks : Jurnal Ilmu Ekonomi Vol. 8 No. 3 (2025): May - July
Publisher : Fakultas Ekonomi, Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/paradoks.v8i3.1353

Abstract

This study investigates the impact of corporate governance on profitability, with Corporate Social Responsibility (CSR) serving as a moderating variable, focusing on chemical, pharmaceutical, and traditional medicine companies listed on the Indonesia Stock Exchange (IDX) between 2018 and 2023. Using panel data regression with a fixed effect model, the research finds that both independent commissioners and audit committees have a significant positive influence on profitability. The moderated regression analysis further reveals that CSR positively moderates the relationship between independent commissioners and profitability, while it negatively moderates the effect of audit committees on profitability. The findings suggest that enhanced corporate governance mechanisms, particularly the roles of independent commissioners and audit committees, contribute significantly to improved profitability. However, the varying moderating effects of CSR highlight the complexity of corporate governance dynamics. The study is limited by its five-year scope, industry-specific focus, and reliance on secondary data, suggesting that future research should expand the observation period, incorporate other sectors, explore additional moderating variables, and integrate primary data. These findings contribute valuable insights into the corporate governance practices within Indonesia's pharmaceutical sector.
Co-Authors Komalasari, Agrianti SARING SUHENDRO