The Influence of Transparency, Responsibility, Independency, Accountability, and Fairness on Risk Management: A Case Study at PT. Maritim Barito Perkasa

Ridho Sarwani, Syaiful Hifni, Rahma Yuliani

Abstract


Abstract: This study aims to analyze the influence of Good Corporate Governance (GCG) principles consisting of Transparency, Responsibility, Independence, Accountability, and Fairness on Risk Management at PT. Maritim Barito Perkasa. The research employs a quantitative approach with a descriptive-causal design. Data were collected through questionnaires distributed to 89 employees using a saturated sampling technique. Data analysis was performed using Multiple Linear Regression analysis via SPSS version 26. The results of the partial t-test indicate that all five GCG variables (Transparency, Responsibility, Independence, Accountability, and Fairness) have a positive and significant impact on Risk Management. Simultaneously, the F-test results show that these five principles collectively influence Risk Management with an F-value of 12.833 and a significance level of 0.000. The Coefficient of Determination (R2) is 0.646, implying that 64.6% of the variation in Risk Management effectiveness can be explained by the GCG variables, while the remaining 35.4% is influenced by other factors outside this model. These findings suggest that the synergy of robust corporate governance pillars is essential for creating an integrated and adaptive risk control system in the maritime logistics industry.


Keywords


Good Corporate Governance, Transparency, Responsibility, Independence, Accountability, Fairness, Risk Management.

Full Text:

PDF

References


Black, S., & Wright, P. (2021). Enterprise risk management in emerging markets. Journal of Risk Research, 24(5), 567–584.

Colquitt, J. A., et al. (2019). Organizational justice: Foundations and future directions. Routledge.

Committee of Sponsoring Organizations of the Treadway Commission (COSO). (2017). Enterprise risk management: Integrating with strategy and performance. AICPA.

Damodaran, A. (2014). Applied corporate finance (4th ed.). Wiley.

Effendi, M. A. (2009). The power of good corporate governance: Teori dan implementasi. Salemba Empat.

Effendy, M. A. (2021). The power of good corporate governance: Teori dan implementasi (Edisi Terbaru). Salemba Empat.

Forum for Corporate Governance in Indonesia (FCGI). (2020). The role of the board of commissioners and audit committee in GCG implementation. FCGI.

Fraser, J., & Simkins, B. (2021). Enterprise risk management (2nd ed.). John Wiley & Sons.

Gendron, Y. (2021). Independence and objectivity in risk management. Journal of Accounting Research, 15(2), 45–60.

Hasibuan, S. (2019). Pengaruh tanggung jawab terhadap integritas kerja dan pengawasan risiko. Jurnal Manajemen Bisnis, 8(1), 12–25.

International Organization for Standardization (ISO). (2018). ISO 31000:2018 Risk Management – Guidelines. International Organization for Standardization.

Jainuddin, Pratama, A., & Rahmawati, D. (2023). Keterbukaan informasi dan efektivitas pengelolaan risiko. Jurnal Akuntansi dan Tata Kelola, 5(2), 112–128.

Kaplan, R. S., & Mikes, A. (2020). Managing risks: A new framework. Harvard Business Review, 48–60.

Kurniasih, L., & Haryanto, E. (2020). Sistem reward and punishment dalam pengendalian risiko. Jurnal Akuntansi Indonesia, 12(3), 88–101.

Mardiasmo. (2018). Akuntansi sektor publik. Andi Offset.

Moeller, R. R. (2011). COSO Enterprise Risk Management: Understanding the new integrated ERM framework. John Wiley & Sons.

PT. Maritim Barito Perkasa. (2025). Internal data on functional positions and employee distribution (Unpublished internal report). Banjarmasin, Indonesia.

Robinson, D. (2005). Responsibility and accountability in corporate structures. Academic Press.

Shapiro, S. S. (2005). Agency theory and corporate governance. Academy of Management Review, 30(2), 263–284.

Siregar, H., & Hidayat, R. (2019). Peran fairness dalam memperkuat kontrol internal. Jurnal Riset Akuntansi, 10(4), 55–70.

Stiglitz, J. E. (2002). Transparency in government. World Bank Publications.

Sugiyono. (2019). Metode penelitian kuantitatif, kualitatif, dan R&D (2nd ed.). Alfabeta.

Sugiyono. (2021). Metode penelitian bisnis: Pendekatan kuantitatif, kualitatif, kombinasi, dan R&D. Alfabeta.

Wahyudi, S., & Azmi, Z. (2010). The influence of corporate governance on risk management. Journal of Accounting and Finance, 12(1), 45–56.

Widodo, A., et al. (2022). Penerapan transparansi dalam memperkuat pengawasan internal. Jurnal Ekonomi dan Bisnis, 14(1), 30–45.




DOI: http://dx.doi.org/10.52155/ijpsat.v56.1.7870

Refbacks

  • There are currently no refbacks.


Copyright (c) 2026 Ridho Sarwani, Syaiful Hifni, Rahma Yuliani

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.