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

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 rese...

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Bibliographic Details
Published inJournal of Applied Economic Sciences (JAES) Vol. XIII; no. 57; pp. 673 - 684
Main Authors SARI, Maya, Lubis, Ade Fatma, Maksum, Azhar, Lumbanraja, Prihatin, Muda, Iskandar
Format Journal Article
LanguageEnglish
Published Reprograph 2018
Subjects
Business Economy / Management
Economy
Human Resources in Economy
internal control
corporate performance
corporate governance
organizational culture
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Summary: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.
ISSN:1843-6110
2393-5162