Hasil Pencarian  ::  Simpan CSV :: Kembali

"

Penelitian ini bertujuan untuk menganalisis dampak koneksi militer terhadap risiko perusahaan publik di Indonesia, dengan Peran Komite Pemantau Risiko sebagai variabel moderasi. Data dianalisis dari perusahaan publik di Indonesia pada periode 2019-2022 menggunakan regresi data panel. Penelitian ini menemukan bahwa koneksi militer berpengaruh positif terhadap risiko perusahaan. Hal ini menunjukkan bahwa para eksekutif dengan pengalaman militer mampu mengendalikan risiko perusahaan dengan mengedepankan kedisiplinan sehingga mampu menurunkan risiko perusahaan. Penelitian ini juga menemukan bahwa Komite Pemantau Risiko (KPR) mampu memperkuat hubungan antara koneksi militer dan risiko perusahaan. Penelitian ini berkontribusi pada pemahaman kompleksitas hubungan antara koneksi militer, tata kelola perusahaan yang baik, dan risiko perusahaan di Indonesia, serta menawarkan implikasi penting bagi tata kelola perusahaan dan manajemen strategis di masa depan.

---

This study aims to analyze the impact of military connections on the risk of publicly traded companies in Indonesia, with the role of the Risk Oversight Committee as a moderating variable. The data, covering the period from 2019 to 2022, were analyzed using panel data regression. The findings show that military connections have a positive effect on firm risk. This indicates that executives with military experience can effectively control firm risk by emphasizing discipline, thereby reducing overall risk. Additionally, the study finds that the Risk Oversight Committee (KPR) can strengthen the relationship between military connections and firm risk. This research contributes to the understanding of the complex relationship between military connections, good corporate governance, and firm risk in Indonesia, offering significant implications for corporate governance and strategic management in the future."

"ABSTRAKPenelitian ini bertujuan untuk menguji pengaruh perilaku risk taking terhadap tingkat investment efficiency dengan efektivitas dewan komisaris dan keberadaan komite pemantau risiko sebagai moderasi. Perusahaan yang memiliki tingkat perilaku risk taking yang tinggi akan cenderung melakukan investasi meskipun proyek investasi tersebut memiliki Net Present Value negatif. Efektivitas dewan komisaris dan adanya komite pemantau risiko dalam perusahaan diprediksi dapat mempengaruhi investment efficiency. Penelitian dilakukan menggunakan metode regresi multinomial logistik dengan sampel 307 perusahaan 921 observasi yang terdaftar di BEI tahun 2013-2015. Hasil penelitian menunjukkan semakin tinggi perilaku risk taking akan meningkatkan kemungkinan over-investment. Akan tetapi, semakin rendah perilaku risk taking tidak terbukti meningkatkan kemungkinan under-investment. Efektivitas dewan komisaris terbukti memperlemah pengaruh positif perilaku risk taking terhadap kemungkinan terjadinya over-investment. Akan tetapi, efektivitas dewan komisaris tidak terbukti memperlemah pengaruh negatif perilaku risk taking terhadap kemungkinan terjadinya under-investment. Keberadaan komite pemantau risiko terbukti memperlemah pengaruh negatif perilaku risk taking terhadap kemungkinan terjadinya under-investment. Namun keberadaan komite pemantau risiko tidak terbukti memperlemah pengaruh positif perilaku risk taking terhadap kemungkinan terjadinya over-investment

---

ABSTRACTThe research objective is to examine the effect of risk taking to investment efficiency with board of commissioners rsquo effectiveness and the presence of risk monitoring committee as the moderating variable. Firm with higher level of risk taking tend to invest in a project, even such project probably giving them negative Net Present Value. Board of commissioners rsquo effectiveness and the presence of risk monitoring committee in a firm are also predicted to have impact on investment efficiency. Therefore, the effect of risk taking on investment efficiency through board of commissioners rsquo effectiveness and risk monitoring committee are predicted. In this research, we use multinomial logistic model. This research takes 307 companies 921 observations that are listed in Indonesia rsquo s Stock Exchange BEI from 2013 to 2015. The empirical study shows that higher risk taking more likely to increase the probability of being in over investment. However, there are no significant effect on negative relationship between risk taking and the likelihood of being in under investment. Board of commissioners rsquo effectiveness weaken the positive effect of risk taking and the likelihood of being in over investment but board of commissioners rsquo effectiveness didn rsquo t weaken the negative relationship between risk taking and likelihood of being in under investment. The presence of risk monitoring committee significantly weakens the negative relationship between risk taking and the likelihood of being in under investment but the presence of risk monitoring committee didn rsquo t weaken the positive relationship between risk taking and the likelihood of being in over investment."

"ABSTRACTPenelitian ini bertujuan untuk memberikan bukti empiris mengenai pengaruh karakteristik dan rangkap jabatan komite pemantau risiko dan komite audit terhadap risiko kredit perbankan di Indonesia. Kedua komite tersebut merupakan komite di bawah dewan komisaris yang bertanggung jawab terhadap pengawasan pelaksanaan manajemen risiko bank. Karakteristik komite diukur melalui aktivitas, ukuran, keahlian kompetensi berdasarkan checklist yang dikembangkan Hermawan 2011 dengan modifikasi peraturan yang berlaku. Sampel terdiri dari bank yang terdaftar dalam Bursa Efek Indonesia selama tahun 2013 hingga 2017. Hasil dari penelitian ini membuktikan bahwa karakteristik keahlian kompetensi, baik dalam komite pemantau risiko maupun komite audit, memiliki pengaruh negatif dan signifikan terhadap risiko kredit perbankan. Penelitian ini juga membuktikan bahwa rangkap jabatan dalam komite audit dan komite pemantau risiko memiliki pengaruh positif terhadap risiko kredit, menunjukkan fokus kinerja komite. Sementara, karakteristik aktivitas dan ukuran komite audit maupun komite pemantau risiko tidak memiliki pengaruh signifikan. Lebih lanjut, melalui pengujian tambahan, karakteristik keahlian keuangan non-akuntansi memiliki pengaruh negatif terhadap risiko kredit, menunjukkan bahwa keahlian ini mampu menunjang monitoring terhadap risiko kredit.

---

ABSTRACTThis research aims to provide empirical evidence regarding the effect of characteristics and overlap membership of Risk Oversight Committee and Audit Committee on Banking credit risk in Indonesia. Both of committees are committee under Board of Commissioners that responsible for monitoring credit risk. Characteristics of each committees are measured by activities, size, and expertise competence based on Hermawan 2011 and Indonesia Financial Service Authority FSA regulation. Samples are consisted of banks listed in Indonesia Stock Exchange IDX during 2013 2017. The result from this research concludes that expertise and competence of both risk oversight committee and audit committee has negative effect on bank credit risk. This research also provides empirical evidence that overlap membership on both risk oversight and audit committee has positive effect on bank credit risk, implying its detrimental effect to the committee rsquo s effectiveness. While, activities and size of both risk oversight committee and audit committee do not have significant impact on bank credit risk. Further on additional test, it rsquo s concluded that only non accounting financial expertise has negative impact on bank credit risk, implying non accounting financial expertise may enhance the understanding of risk exposure and increase monitoring effectiveness of risk oversight committee and audit committee in monitoring credit risk. "

"Penelitian ini bertujuan untuk menganalisis dampak koneksi militer terhadap risiko perusahaan publik di Indonesia, dengan Peran Komite Pemantau Risiko sebagai variabel moderasi. Data dianalisis dari perusahaan publik di Indonesia pada periode 2019-2022 menggunakan regresi data panel. Penelitian ini menemukan bahwa koneksi militer berpengaruh positif terhadap risiko perusahaan. Hal ini menunjukkan bahwa para eksekutif dengan pengalaman militer mampu mengendalikan risiko perusahaan dengan mengedepankan kedisiplinan sehingga mampu menurunkan risiko perusahaan. Penelitian ini juga menemukan bahwa Komite Pemantau Risiko (KPR) mampu memperkuat hubungan antara koneksi militer dan risiko perusahaan. Penelitian ini berkontribusi pada pemahaman kompleksitas hubungan antara koneksi militer, tata kelola perusahaan yang baik, dan risiko perusahaan di Indonesia, serta menawarkan implikasi penting bagi tata kelola perusahaan dan manajemen strategis di masa depan.

---

This study aims to analyze the impact of military connections on the risk of publicly traded companies in Indonesia, with the role of the Risk Oversight Committee as a moderating variable. The data, covering the period from 2019 to 2022, were analyzed using panel data regression. The findings show that military connections have a positive effect on firm risk. This indicates that executives with military experience can effectively control firm risk by emphasizing discipline, thereby reducing overall risk. Additionally, the study finds that the Risk Oversight Committee (KPR) can strengthen the relationship between military connections and firm risk. This research contributes to the understanding of the complex relationship between military connections, good corporate governance, and firm risk in Indonesia, offering significant implications for corporate governance and strategic management in the future."