Analisis Perbandingan Kinerja Keuangan Sebelum dan Sesudah Adopsi Tata Kelola Teknologi Informasi (Pada Perusahaan Manufaktur dan Pertambangan yang Terdaftar di BEI)
Keywords:
Information Technology Governance, Financial Performance, Manufacturing Companies, Mining Companies
Abstract
The objective of this study is to test and to prove whether companies that have adopted information technology (IT) governance mechanisms have improved their financial performance, by measuring profitability, productivity and market value pre and post adoption. Manufacturing and mining companies listed on the Indonesia Stock Exchange are the population of the research by using event study methodology. Researcher employs secondary data in the form of corporate annual reports that gotten by firm's official website. The SPSS 26 application used to process the data by testing hypotheses through descriptive statistics, normality tests and paired sample t-test. According to the study's findings, there were no appreciable changes between the financial performance of mining and manufacturing companies before and after adopting IT governance. Two of the eight indicators—asset turnover and share repurchase—have a considerable divergence from one another.
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References
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Alreemy, Zyad, Chang, Victor, Walters, Robert, & Wills, Gary. (2016). Critical success factors (CSFs) for information technology governance (ITG). International Journal of Information Management, 36(6), 907–916. https://doi.org/10.1016/j.ijinfomgt.2016.05.017
Attaran, Mohsen. (2003). Information technology and business-process redesign. Business Process Management Journal, 9(4), 440–458. https://doi.org/10.1108/14637150310484508
Avolio, Beatrice. (2020). Weimar Santos Castellanos CENTRUM PUCP BUSINESS SCHOOL.
Berita, Detil. (n.d.). Detil Berita - Ditjen Minerba.
Borja, Sergio, Kim, Keungoui, Yoon, Hyenyoung, & Hwang, Junseok. (2018). IT Governance effectiveness and its influence on innovation product and process. PICMET 2018 - Portland International Conference on Management of Engineering and Technology: Managing Technological Entrepreneurship: The Engine for Economic Growth, Proceedings, (August). https://doi.org/10.23919/PICMET.2018.8481752
BPS. (n.d.). BPS Provinsi DKI Jakarta.
Collins, Roy. (2019). Information Technology and the Law. HortScience, 31(4), 697e – 697. https://doi.org/10.21273/hortsci.31.4.697e
Dedrick, Jason, Gurbaxani, Vijay, & Kraemer, Kenneth L. (2003). Information technology and economic performance: A critical review of the empirical evidence. ACM Computing Surveys, 35(1), 1–28. https://doi.org/10.1145/641865.641866
Dehghan Shabani, Zahra, & Shahnazi, Rouhollah. (2019). Energy consumption, carbon dioxide emissions, information and communications technology, and gross domestic product in Iranian economic sectors: A panel causality analysis. Energy, 169, 1064–1078. https://doi.org/10.1016/j.energy.2018.11.062
Fauzi, Rokhman, & Mulyana, Rahmat. (2020). Key Factors in Improving the Maturity of Information Technology Governance: A Case Study of State-owned Enterprise in Indonesia. International Journal of Innovation in Enterprise System, 4(02), 60–71. https://doi.org/10.25124/ijies.v4i02.75
Fiskal, Badan Kebijakan. (n.d.). Badan Kebijakan Fiskal - Pertumbuhan Ekonomi Triwulan II 2022 Menguat Signifikan di Tengah Ketidakpastian dan Tren Perlambatan Global.
Informatika, Kementerian Komunikasi dan. (n.d.). Kementerian Komunikasi dan Informatika.
Jacks, Tim, Palvia, Prashant, Schilhavy, Richard, & Wang, Lei. (2011). A framework for the impact of IT on organizational performance. Business Process Management Journal, 17(5), 846–870. https://doi.org/10.1108/14637151111166213
Kemenperin. (n.d.-a). Kemenperin: Sektor Manufaktur Tumbuh Agresif di Tengah Tekanan Pandemi.
Kemenperin. (n.d.-b). Kemenperin: Unggul di ASEAN, Indonesia Fokus Tingkatkan Nilai Tambah Manufaktur.
Ko, Denise, & Fink, Dieter. (2010). Information technology governance: An evaluation of the theory-practice gap. Corporate Governance, 10(5), 662–674. https://doi.org/10.1108/14720701011085616
Liang, Ting Peng, Chiu, Yi Chieh, Wu, Shelly P. J., & Straub, Detmar. (2011). The impact of IT governance on organizational performance. 17th Americas Conference on Information Systems 2011, AMCIS 2011, 3, 2388–2396.
Lunardi, Guilherme Lerch, Becker, João Luiz, Maçada, Antonio Carlos Gastaud, & Dolci, Pietro Cunha. (2014). The impact of adopting IT governance on financial performance: An empirical analysis among Brazilian firms. International Journal of Accounting Information Systems, 15(1), 66–81. https://doi.org/10.1016/j.accinf.2013.02.001
Merchán-RodrÃguez, Vicente, & Zambrano-Vera, Danny. (2023). Budget and capabilities of information technology governance: empirical analysis in higher education institutes. Bulletin of Electrical Engineering and Informatics, 12(2), 1137–1147. https://doi.org/10.11591/eei.v12i2.4302
Papazafeiropoulou, Anastasia, & Spanaki, Konstantina. (2016). Understanding governance, risk and compliance information systems (GRC IS): The experts view. Information Systems Frontiers, 18(6), 1251–1263. https://doi.org/10.1007/s10796-015-9572-3
Post-Sarbanes-Oxley, Corporate Governance. (n.d.). Corporate Governance Post-Sarbanes-Oxley: Regulations, Requirements, and ... - Zabihollah Rezaee - Google Buku.
Rahayu, Rita, & Alsakina, Fiqha Haqqi. (2020). the Comparative Analysis of Company Performance Before and After the Adoption of It Governance (Case Study on Manufacturing and Mining Listed Companies in Idx). The International Conference on ASEAN 2019, 369–372. https://doi.org/10.1515/9783110678666-049
RI, Kementerian ESDM. (2022). Kementerian ESDM RI - Media Center - Arsip Berita - Buka Metconnex 2022, Dirjen Minerba Ingatkan Pengelolaan Tambang Berbasis Lingkungan.
Schwarz, Andrew, Kalika, Michel, Keffi, Hajer, & Schwarz, Colleen. (2010). A dynamic capabilities approach to understanding the impact of IT-enabled businesses processes and IT-business alignment on the strategic and operational performance of the firm. Communications of the Association for Information Systems, 26(1), 57–84. https://doi.org/10.17705/1cais.02604
Watson, Richard T., Boudreau, Marie Claude, & Chen, and Adela J. (2010). Management Information Systems Research Center, University of Minnesota. MIS Quarter, 34(3), 567–594.
Weill, Peter, Subramani, Mani, & Broadbent, Marianne. (2002). Building IT infrastructure for: Strategic agility. MIT Sloan Management Review, 44(1), 57–65.
Yost, Brandon. (2023). Implementing Security in the Software Development Life Cycle While Limiting Costs. (May).
Published
2023-07-21
Section
Original Articles
Copyright (c) 2023 Aninda Puji Adila, Raudhatul Hidayah
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