The Influence of Organization’s Culture and Internal Control to Corporate Governance and Its Impact on State-Owned Enterprises Corporate Cover Image

The Influence of Organization’s Culture and Internal Control to Corporate Governance and Its Impact on State-Owned Enterprises Corporate
The Influence of Organization’s Culture and Internal Control to Corporate Governance and Its Impact on State-Owned Enterprises Corporate

Author(s): Maya SARI, Ade Fatma Lubis, Azhar Maksum, Prihatin Lumbanraja, Iskandar Muda
Subject(s): Economy, Business Economy / Management, Human Resources in Economy
Published by: Reprograph
Keywords: organizational culture; internal control; corporate governance; corporate performance;

Summary/Abstract: This study measured four variables, namely, organizational culture, and internal control as exogenous variables as well as corporate governance and corporate performance as an endogenous variable. To collect data using survey techniques on state-owned companies in Indonesia. Respondents of this research is the manager of state-owned enterprises in Indonesia as many as 270 respondents. Validity and reliabilities made to the questionnaire that has been collected. The data were analyzed using Structural Equation Modelling with LISREL application. The results showed that there is significant influence of organizational culture on corporate governance, internal control of corporate governance, organizational culture on corporate performance, corporate governance influence on corporate performance. From the test direct effect has no significant effect of internal control to corporate performance. Corporate governance is an intervening variable relation between the internal control and corporate performance.

  • Issue Year: XIII/2018
  • Issue No: 57
  • Page Range: 673-684
  • Page Count: 12
  • Language: English