The Effect of Good Corporate Governance on ERM Implementation with Organizational Culture as a Moderating Variable

Abstract

This study aims to empirically analyze the influence of Good Coprorate Governance (GCG) on the implementation of Enterprise Risk Management (ERM) with Organizational Culture (Culture) as a Moderating Variable.  The data collection method used in this study is a questionnaire distributed to companies that issue sustainability reports in carrying out their business which includes managers, section heads, and employees. The data analysis method used is multiple regression analysis.  The results of the study indicate that (1) There is a positive influence between Good Corporate Governance (GCG) on the implementation of Enterprise Risk Management (ERM). (2) there is no positive influence between Organizational Culture (Culture) on the implementation of Enterprise Risk Management (ERM). (3). Organizational Culture (Culture) strengthens the Effect of Good Corporate Governance on the implementation of ERM Enterprise Risk Management.

Keywords: Corporate culture, organizational culture, Corporate Governance, Good Corporate Governance, ERM, Enterprise Risk Management, Moderation

DOI: 10.7176/JESD/10-7-03

Publication date: April 30^th 2019