Power Management in Controlling Stakeholder Pressure and Improving Financial Performance

This research aims to understand corporate governance as a control of external pressure in improving financial performance. The analysis method used to describe the relationship in this study is Eviews software 10. The sample used was 720 observation data of 144 financial sector companies over five...

Full description

Saved in:
Bibliographic Details
Main Authors: Sasongko tri utomo, Wisnu Mawardi, Nur Amalina
Format: Article
Language:English
Published: Qubahan 2025-01-01
Series:Qubahan Academic Journal
Online Access:https://journal.qubahan.com/index.php/qaj/article/view/1003
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832544527472132096
author Sasongko tri utomo
Wisnu Mawardi
Nur Amalina
author_facet Sasongko tri utomo
Wisnu Mawardi
Nur Amalina
author_sort Sasongko tri utomo
collection DOAJ
description This research aims to understand corporate governance as a control of external pressure in improving financial performance. The analysis method used to describe the relationship in this study is Eviews software 10. The sample used was 720 observation data of 144 financial sector companies over five years (2018-2022). The findings show that the board of directors significantly negatively affects external pressure. Independent directors and commissioners have a significant positive effect on external pressure. The Board of Directors has a significant positive impact on financial performance. The independent board of directors does not affect financial performance. The board of commissioners and external pressure significantly negatively affect financial performance. Originality: The concept of stakeholder pressure in all existing studies has not been researched into a dependent variable so that stakeholder pressure becomes a novelty in this study.
format Article
id doaj-art-137ff07395004ca580e6f24ab1e92f4b
institution Kabale University
issn 2709-8206
language English
publishDate 2025-01-01
publisher Qubahan
record_format Article
series Qubahan Academic Journal
spelling doaj-art-137ff07395004ca580e6f24ab1e92f4b2025-02-03T10:11:16ZengQubahanQubahan Academic Journal2709-82062025-01-015110.48161/qaj.v5n1a10031003Power Management in Controlling Stakeholder Pressure and Improving Financial Performance Sasongko tri utomo0Wisnu Mawardi 1Nur Amalina 2Department of Economics and Development Studies Economics, University of Diponegoro, Semarang 50275, Indonesia; Department of Management, University Muhammadiyah of Surakarta, Surakarta 57102, Indonesia; Department of Economics, University of Diponegoro, Semarang 50275, Indonesia;Department of Retail Management, University Aisyiyah of Surakarta, Surakarta 57156, Indonesia. This research aims to understand corporate governance as a control of external pressure in improving financial performance. The analysis method used to describe the relationship in this study is Eviews software 10. The sample used was 720 observation data of 144 financial sector companies over five years (2018-2022). The findings show that the board of directors significantly negatively affects external pressure. Independent directors and commissioners have a significant positive effect on external pressure. The Board of Directors has a significant positive impact on financial performance. The independent board of directors does not affect financial performance. The board of commissioners and external pressure significantly negatively affect financial performance. Originality: The concept of stakeholder pressure in all existing studies has not been researched into a dependent variable so that stakeholder pressure becomes a novelty in this study. https://journal.qubahan.com/index.php/qaj/article/view/1003
spellingShingle Sasongko tri utomo
Wisnu Mawardi
Nur Amalina
Power Management in Controlling Stakeholder Pressure and Improving Financial Performance
Qubahan Academic Journal
title Power Management in Controlling Stakeholder Pressure and Improving Financial Performance
title_full Power Management in Controlling Stakeholder Pressure and Improving Financial Performance
title_fullStr Power Management in Controlling Stakeholder Pressure and Improving Financial Performance
title_full_unstemmed Power Management in Controlling Stakeholder Pressure and Improving Financial Performance
title_short Power Management in Controlling Stakeholder Pressure and Improving Financial Performance
title_sort power management in controlling stakeholder pressure and improving financial performance
url https://journal.qubahan.com/index.php/qaj/article/view/1003
work_keys_str_mv AT sasongkotriutomo powermanagementincontrollingstakeholderpressureandimprovingfinancialperformance
AT wisnumawardi powermanagementincontrollingstakeholderpressureandimprovingfinancialperformance
AT nuramalina powermanagementincontrollingstakeholderpressureandimprovingfinancialperformance