The role of good corporate governance in mediating the effect of planning, coordination, supervision, and organizational culture on firm performance and firm sustainability

Benny Wendry (), Umar Nimran (), Hamidah Nayati Utami () and Tri Wulida Afrianty ()
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Benny Wendry: Brawijaya University
Umar Nimran: Brawijaya University
Hamidah Nayati Utami: Brawijaya University
Tri Wulida Afrianty: Brawijaya University

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2023, vol. 25, issue 3, No 20, 2509-2521

Abstract: Abstract This study aims to examine, analyze the effect of the planning, coordination, supervision, organizatinal culture on firm performance, firm sustainability. And the good corporate governance as mediating. This study uses a survey method with a quantitative approach, and the method used was a survey, so primary data collection was done using questionnaires. The study was conducted at a cement company known as PT Semen Indonesia Group that operates in Indonesia. Respondents in this study were 184 people. Data were analyzed using a descriptive analysis and Partial Least Square (PLS) employing the WarpPLS computer program. The results of the study indicate that there is significant influence between the planning function on GCG, that there is significant influence between coordination function on GCG, that there is not significant influence between supervision function on GCG, that there is significant influence between organizational culture on GCG, that there is significant influence between GCG on firm performance, that there is significant influence between GCG on firm sustainability. The development of the firm performance and firm sustainability model is basically an alignment of the theory of resource-based view (RBV) to companies in Indonesia, especially PT. Semen Indonesia. This is the renewed idea or ideas that become the novelty of this research.

Keywords: Good corporate governance; Supervision function; Planning function; Coordination function; Organizational culture; Firm performance; Firm sustainability (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (2)

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DOI: 10.1007/s10668-022-02125-9

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