Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal International Journal of Environmental, Sustainability, and Social Science
Fauzi Aldyka Tsaqif Firmansyah
Universitas Trisakti
Economics, Econometrics & Finance Environmental Science Social Sciences

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

Found 1 Documents
Search

 1 
The Influence of Risk Management on Firm Performance in the Insurance Sector in Indonesia Meiliang Gozal Wikarsa; Fauzi Aldyka Tsaqif Firmansyah; Farah Margaretha Leon
International Journal of Environmental, Sustainability, and Social Science Vol. 7 No. 2 (2026): International Journal of Environmental, Sustainability, and Social Science (Mar
Publisher : PT Keberlanjutan Strategis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38142/ijesss.v7i2.1804

Abstract

This study aims to analyze the effect of underwriting risk, reinsurance risk, technical provision risk, firm size, and leverage on the financial performance of conventional insurance companies in Indonesia. Financial performance is measured using return on equity. The study applies a quantitative approach using secondary data obtained from the financial statements of insurance companies listed on the Indonesia Stock Exchange during the period of 2020 to 2024, with a total of 200 observations. Panel data regression was employed, and the Hausman test indicated that the fixed effect model was the most appropriate. The results show that firm size has a positive and significant effect on return on equity. Meanwhile, underwriting risk and reinsurance risk have negative but insignificant effects, while technical provision risk and leverage have positive but insignificant effects. These findings suggest that company size plays an important role in increasing profitability, while risk-related variables do not significantly influence financial performance during the observation period.
Co-Authors Leon, Farah Margaretha Meiliang Gozal Wikarsa