Enterprise Risk Menagament, Intellectualcapital, Dan Kinerja Perbankan Yang Listing Di Bursa Efek Indonesia

Abstrak

This study aimed to examine the effect of Enterprise Risk Management (ERM) on firm performance with Intellectual Capital (IC) as a moderating variable in the Indonesian banking sector. Data were collected from the annual reports of banks listed on the Indonesia Stock Exchange (IDX) during the period 2012-2017 using purposive sampling, resulting in 31 companies and 186 observations. The analysis was conducted using multiple linear regression with SPSS. The results showed that ERM and IC had a positive and significant effect on firm performance (ROA). However, the interaction between ERM and IC was not significant in moderating the effect of ERM on firm performance. These findings suggested that although ERM and IC positively impacted ROA, IC did not significantly strengthen the relationship between ERM and firm performance.