Indo-Fintech Intellectuals: Journal of Economics and Business
Vol. 5 No. 2 (2025): Indo-Fintech Intellectuals: Journal of Economics and Business (2025)

CORPORATE GOVERNANCE, RISK MANAGEMENT, AND BUSINESS ETHICS ON FIRM PERFORMANCE IN THE MODERN BUSINESS ENVIRONMENT

Ramiyati, Nekky (Unknown)
Putra, Firdaus (Unknown)
Widiarta, I Putu Gede Didik (Unknown)
Sofalina, Fresa Dwi Juniar (Unknown)



Article Info

Publish Date
04 May 2025

Abstract

This study examines the impact of corporate governance, risk management, and business ethics on firm performance in the modern business environment. Using a quantitative research approach, data were collected from publicly listed firms and analyzed using multiple regression techniques. The findings indicate that corporate governance, risk management, and business ethics significantly and positively influence firm performance. Strong governance structures enhance decision-making, transparency, and accountability, leading to improved financial outcomes. Effective risk management strategies help firms navigate uncertainties, reducing financial and operational risks. Ethical business practices contribute to long-term sustainability by fostering stakeholder trust and corporate reputation. These results support the resource-based view and stakeholder theory, emphasizing the strategic importance of governance, risk management, and ethical conduct in achieving competitive advantage. The study provides theoretical and practical implications for businesses, policymakers, and investors, highlighting the necessity of robust governance frameworks, proactive risk management, and corporate ethics in enhancing firm performance. Future research should explore industry-specific effects and incorporate longitudinal analyses to assess the long-term impact of these factors on business success.

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Journal Info

Abbrev

ifi

Publisher

Subject

Humanities Economics, Econometrics & Finance Social Sciences

Description

Indo-Fintech Intellectuals: Journal of Economics and Business (IFI-JEB) is a fully refereed (double-blind peer review) and an open-access online journal for academics, researchers, graduate students, early-career researchers and students, published by Lembaga Intelektual Muda (LIM) Maluku. IFI-JEB ...