The Effect of Internal Control and Good Corporate Governance on Company Performance at PT PAL Indonesia
Abstract
The aim of this study was to evaluate the influence of internal control and good corporate governance on the performance of PT PAL Indonesia. The research utilized a sample of 50 respondents for data collection, and the analysis involved statistical methods such as descriptive testing, data quality evaluation, classical assumption testing, and hypothesis testing. The results of the data analysis indicate that internal control has a partially positive and significant impact on company performance. Additionally, the study reveals that good corporate governance has a positive and significant effect on company performance. When both variables, internal control and corporate governance, are examined simultaneously, they exhibit a positive and significant impact on company performance. Consequently, these findings constitute a noteworthy contribution within the realm of corporate governance, underscoring the critical importance of implementing internal control and adopting good corporate governance as pivotal factors in enhancing the performance of PT PAL Indonesia. The practical implications derived from these study results can serve as a basis for companies to optimize their strategies related to internal control and corporate governance, thereby achieving their performance objectives more effectively.
References
Abdurrahman, A (2021). Implementation of Internal Control Based on the Coso Framework and Good Corporate Governance on Company Performance: Case Study at PT.... Accounting Student Scientific Journal, journal.wima.ac.id,
Arafah, F, Sugianto, S, & Nasution, MLI (2023). Analysis of Internal Control of Risk Management in Sharia Banking (Case Study at PT. Bank Syariah Indonesia KC Medan S. Parman). Tambusai Education Journal, mail.jptam.org,
Anike, P (2020). THE INFLUENCE OF INTERNAL CONTROL IMPLEMENTATION AND THE EFFECTIVENESS OF INTERNAL CONTROL ON GOOD CORPORATE GOVERNANCE (Study in .... In Search-Informatic, Science, Entrepreneur ..., repository.unibi.ac.id,
Arens, A., Elder, R., Beasley, M., & Hogan, C. (2016). Auditing and Assurance Services (16th ed.). Pearson.
Cahyani, AM (2020). The Influence of Internal Control and the Implementation of Good Corporate Governance on Company Performance at PT PAL Indonesia.
Sugiono. (2016). Educational Research Methods: Quantitative, Qualitative, and R&D Approaches. Bandung:ALFABETA
Wibowo, A, Amelia, A, Harahap, SF, & ... (2022). Analysis of the Role of Internal Control in Realizing Good Corporate Governance in Indonesian Sharia Banks. … Business Management and …,journal.ulb.ac.id,
Hasibuan, KAE (2018). The Role of Internal Control in the Implementation of Good Corporate Governance., repository.uinsu.ac.id,
Bayangkara, I BK (2014) Management audit Procedures and implementation (2nd Edition), Salemba Empat
Felix, HM, & Bayangkara, IBK (2022). Analysis of the Implementation of Good Corporate Governance in Overseeing Corporate Governance (Case Study at PT. Perkebunan Nusantara XI). Widya Balina, journal.staidenpasar.ac.id,
Damayanti, F (2021). The Influence of the Audit Committee and Internal Control on the Quality of State-Owned Company Governance in Indonesia. Abdi Equator,journal.untan.ac.id,
Decree of the Secretary of the Ministry of BUMN Number: SK-16/S.MBU/2012 concerning Indicators/Parameters for Assessment and Evaluation of the Implementation of Good Corporate Governance in BUMN. (2022, September 19). Retrieved from https://jdih.bumn.go.id/baca/SK-16/S.MBU/2012.pdf
Mufariza, Z. (2018). Internal Control and Good Corporate Governance in Company Performance and Its Implications for Sharia Banking Performance in Jakarta.
Nurjanah, SB, & Handayani, N (2023). IMPLEMENTATION OF GOOD CORPORATE GOVERNANCE (GCG) PRINCIPLES IN IMPROVING COMPANY PERFORMANCE AT PT ANGKASA PURA II (STUDY .... Journal of Research ..., journal.lppspsemarang.org,
Arfaprimasari, SE, & Hariindahyani, S (2019). Evaluation of the Implementation of the Principles of Good Cooperative Governance through Internal Control of Savings and Loans Activities in Cooperatives (KPRI X) in Sidoarjo. CALYPTRA, journal.ubaya.ac.id,
Taha, I. A. (2020). The Influence of Internal Control on the Implementation of Good Corporate Governance: Case Study of the Tirta Mangkaluku Drinking Water Company (Pam) Palopo City. STIE Muhammadiyah Palopo Accounting Journal, journal.stiem.ac.id,
Sugiarto, G. H., Rahmiyati.,N., & Ratnawati, T. (2019). Pengaruh good corporate governance (GCG) makro ekonomi size terhadap investment decesion dan value of the firm dengan probabilitas sebagai variabel intervening serta financing decision sebagai variabel moderating. Jurnal Ekonomi Manajemen, 4(2), 13-30.
