The Influence of Enterprise Risk Management on Firm Performance of Family Firms with the Moderating Effect of Managerial Ownership
- DOI
- 10.2991/aebmr.k.211117.101How to use a DOI?
- Keywords
- Firm performance; enterprise risk management; managerial ownership
- Abstract
This study aimed to investigates the influence of enterprise risk management on company performance and examines the moderating effect of managerial ownership on the relationship between enterprise risk management and the performance of family firms listed on the Indonesia Stock Exchange 2010-2016. Two performance proxies were used; specifically accounting-based performance and market value performance. The results of the study showed that enterprise risk management had a positive influence on firm performance. Furthermore, managerial ownership could strengthen the relationship between enterprise risk management and firm performance. Finally, control variable, capital structure had a negative influence on firm performance, while fixed asset growth, firm size, productivity, and economic growth had a positive influence on firm performance.
- Copyright
- © 2021 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Rosyeni Rasyid PY - 2021 DA - 2021/11/23 TI - The Influence of Enterprise Risk Management on Firm Performance of Family Firms with the Moderating Effect of Managerial Ownership BT - Proceedings of the Seventh Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2021) PB - Atlantis Press SP - 517 EP - 525 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.211117.101 DO - 10.2991/aebmr.k.211117.101 ID - Rasyid2021 ER -