Pandemic Firm’s Performance: The Effect of Good Corporate Governance and Intellectual Capital

DOI

10.2991/978-2-38476-176-0_74How to use a DOI?

Keywords

Company Performance; Good Corporate Governance; Intellectual Capital; and the Covid-19 Pandemic

Abstract

The research aims to obtain empirical evidence regarding the effect of Good Corporate Governance and Intellectual Capital on the Company's financial performance before and during the Covid-19 pandemic. The population used in this study is the consumer cyclical sector companies in the consumer services sub-sector which are classified as hotel companies listed on the IDX in 2018–2021. The 96 data collected were obtained using purposive sampling, and processed with Eviews. The results showed that the intellectual capital variable had an effect on financial performance, but had no effect on the dimensions of corporate governance. Different tests show that there are differences between boards of directors, intellectual capital, capital structure, and financial performance before and during the pandemic. Meanwhile, the independent commissioner and audit committee variables were no different before and during the pandemic. Governance is mandatory for the sample companies, while intellectual capital is considered more influential in boosting current good corporate performance. Research shows that managers and organizations respond to and adapt to the uncertainties in their business environment through a variety of mechanisms, including strategic intellectual structures to prepare for and respond to future emergencies, not just corporate governance. This provides a new performance measurement model for governance policymakers in formulating corporate performance improvement strategies.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Agustine Dwianika
AU  - Romi Juliani Putri Perdana
AU  - Farhan Ady Pratama
AU  - Irma Paramita Sofia
AU  - Fitriyah Nurhidayah
PY  - 2023
DA  - 2023/12/31
TI  - Pandemic Firm’s Performance: The Effect of Good Corporate Governance and Intellectual Capital
BT  - Proceedings of the 2nd UPY International Conference on Education and Social Science (UPINCESS 2023)
PB  - Atlantis Press
SP  - 518
EP  - 522
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-176-0_74
DO  - 10.2991/978-2-38476-176-0_74
ID  - Dwianika2023
ER  -