SUSTAINABLE INFORMATION TECHNOLOGY GOVERNANCE TO SUPPORT THE PERFORMANCE OF STATE – OWNED ENTERPRIES
Abstract
The use of information technology has become a necessity and at the same time a must in this 4th millennium era. Companies that do not try to use technology that suits their needs will be crushed. The Indonesian government has also required the use of appropriate information technology. The purpose of this study was to study the implementation of Ministry of SOE Regulation No. per 02 / 1VIBU / 2013 regarding guidelines for the management of information technology in state-owned enterprises. This research method uses quantitative methods. The variables are performance, information technology governance, corporate governance, and company size. The population is state-owned enterprises. The sample is SOEs in the Financial Sector from 2014 to 2018. The results showed that information technology governance has a significant positive effect on company performance, the application of corporate governance has no significant effect on company performance, and company size has a significant effect on company performance.
References
Aggarwal, Priyanka. (2013). Impact of Corporate Governance on Corporate Financial Performance. IOSR Journal of Business and Management (IOSR-JBM). Volume 13, Issue 3. Sep. - Oct.
Al-Haddad, W.M.Y., Alzurqan, S.T., Al-Sufy, F.J. (2011). The Effect of Corporate Governance on the Performance of Jordanian Industrial Companies: An Empirical Study on Amman Stock Exchange. International Journal of Humanities and Social Sience. Vol. 1 No. 4, April.
Ararat, Melsa, Black, Bernard S., Yurtoglu, B. Burcin. (2016). The Effect of Corporate Governance on Firm Value and Proï¬tability: TimeSeries Evidence from Turkey. Emerging Market Review, 2016.
Bhagat, S., Bolton, B. (2008). Corporate Governance and Firm Performance. Journal of Corporate Finance 14, April.
Brown, Lawrence D. Caylor, Marcus L. (2006).Corporate Governance and Firm Valuation. Journal of Accounting and Public Policy 25, 409-434.
Bushman, Robert. Chen, Qi. Engel, Ellen. Smith, Abbie. (2004). Financial Accounting Information, Organizational Complexity, and Corporate Governance Systems. Journal of Accounting and Economics 37, 167-201.
Carla L., Wilkin, Carla L., Couchman, Paul K., Sohal, Amrik, Zutshi, Ambika. (…….). Exploring differences between smaller and large organizations' corporategovernance of information technology.
Dah, Abdullah; Beyrouti, Nouri; Showeiry, Michel. The Effect of Independent Directors on Firm Value.
Davies, A. Best Practice in Corporate Governance: Building Reputation and Sustainable Success. Gower.
Desoky, Abdelmohsen M. Mousa, Gehan A. Corporate Governance Practices: Transparency and Disclosure – Evidence From The Egyptian Exchange. (2012). Journal of Accounting, Finance, and Economics, Vol. 2 No. 1 July, Pp. 49-72.
Gupta, Pooja, Sharma, Aarti Mehta. (2014). A study of the impact of corporate governance practices on firm performance in Indian and South Korean companies. Elsevier.
Hamsir, MutiaApriyanti, Suwandi, Memen, Juardi, Muhammad SaprilSardi. (…..). Analisispenerapan it governance menggunakancobit framework dan sarbanesoxley dalam mendukung corporate financial performance (studikasus pada PT. TELKOM).
Jensen, Michael C., Meckling, William H. (1976). Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics, October, V. 3, No. 4, pp. 305-360.
Kementerian BUMN. Peraturan Menteri Negara Badan Usaha Milik Negara
Nomor: PER — 01 /MBU/2011 TentangPenerapan Tata Kelola Perusahaan Yang Baik Pada Badan Usaha Milik Negara.
Komite Nasional Kebijakan Governance. (2006). Pedoman Umum Good Corporate Governance Indonesia. KNKG.
Lukviarman, Niki. (2016). Corporate Governance: Menuju Penguatan Konseptual dan Implementasi di Indonesia. The Governance Research Program FakultasEkonomiUniveritasAndalas. PT Era Adicitra Intermedia, Solo.
Lunardi, Guilherme Lerch, Becker, Joao Luiz, Macada, Antonio Carlos, Dolci, Pietro Cunh. (…….). The impact of adopting IT governance on financial performance: An empirical analysis among Brazilian firms.
Lo, Huai-Chun; Wu, Ruei-Shian; Kweh, Qian Long. Do institutional investors reinforce or reduce agency problems? Earnings management and the post-IPO performance. International Review of Financial Analysis, 2016.
Kementerian BUMN. (2011). Peraturan Menteri Negara Badan Usaha Milik Negara Nomor: PER- 09 /MBU/2012 TentangPerubahanAtasPeraturan Menteri Negara Badan Usaha Milik Negara Nomor PER-01/MBU/2011 TentangPenerapan Tata Kelola Perusahaan Yang Baik Pada Badan Usaha Milik Negara.
Kementerian BUMN. (2012). Keputusan Sekretaris Kementerian Badan Usaha Milik Negara Nomor: SK — 16 /S.MBU/2012 TentangIndikator/Parameter Penilaian dan Evaluasi Atas Penerapan Tata Kelola Perusahaan Yang Baik (Good Corporate Governance) Pada Badan Usaha Milik Negara.
Murwaningsari, Etty. (2009). Hubungan Corporate Governance, Corporate Social Responsibilities dan Corporate Financial Performance Dalam Satu Continuum. JurnalAkuntansi Dan Keuangan, Vol. 11, NO. 1, Mei: 30-41
Murwaningsari, Etty; Parulian, Tobia. Pengaru hfaktor-faktor internal perusahaan terhadap income smoothing. (2006). Media Riset Akuntansi, Auditing & Informasi. Vol. 6, No. 1 April 2006: 75 – 100.
Muslih, Mochamad. (2019). Tata kelola berkelanjutan bagi BUMN bidang keuangan non publik. Firm Journal of Management Studies, volume 4 nomor 2.
Muslih, Mochamad. (2018). Pengaruh Kompensasi Komisaris dan Direksi Terhadap Laba Perusahaan, Dengan Corporate Governance Sebagai Pemoderasi. Jurnal Universitas Negeri Jember.
Nuswandari, Cahyani. (2009).Pengaruh Corporate Governance Perception Index Terhadap Kinerja Perusahaan Pada Perusahaan Yang Terdaftar Di Bursa Efek Jakarta. Jurnal Bisnis dan Ekonomi (JBE), September.
OECD. (2014). Risk Management and Corporate Governance. OECD Publication.
Office of the Superintendent of Financial Institutions Canada. (2013). Guideline ofCorporate Governance.
Prasad, Acklesh, Heales, John, Green, Peter. A capabilities-based approach to obtaining a deeper understanding of information technology governance effectiveness: Evidence from IT steering committees.
Scott, William R. Financial Accounting Theory. (2015). Pearson Canada Inc., edisi 7.
Ye Fei, Wang Zhiqiang. (2013). Effects of information technology alignment and information sharing on supply chain operational performance.
Yudiastra, Putu Pande, Darma, Gede Sri. (2015). Pengaruh penggunaan teknologi informasi, disiplinkerja, insentif, dan turnover terhadap kinerja pegawai. Jurnal Manajemen dan Bisnis ISSN: 1829-8486 (print) Volume 12, No. 1, Pebruari.
www.idx.co.id
www.relianceku.com.
