{"id":974,"date":"2025-03-21T09:50:23","date_gmt":"2025-03-21T09:50:23","guid":{"rendered":"https:\/\/ijicses.com\/?page_id=974"},"modified":"2025-03-21T09:56:28","modified_gmt":"2025-03-21T09:56:28","slug":"better-performance-what-company-should-improve","status":"publish","type":"page","link":"https:\/\/ijicses.com\/index.php\/better-performance-what-company-should-improve\/","title":{"rendered":"Better Performance: What Company Should Improve?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"974\" class=\"elementor elementor-974\">\n\t\t\t\t<div class=\"elementor-element elementor-element-514173c9 e-flex e-con-boxed e-con e-parent\" data-id=\"514173c9\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7b1e954a elementor-widget elementor-widget-heading\" data-id=\"7b1e954a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.19.0 - 07-02-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Better Performance: What Company Should Improve?<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2c9b4d9b e-flex e-con-boxed e-con e-parent\" data-id=\"2c9b4d9b\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2588b62 elementor-widget elementor-widget-text-editor\" data-id=\"2588b62\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.19.0 - 07-02-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><b>Dewi Nari Ratih Permada*<br \/><\/b>1Department of Management, Faculty of Economics and Business, Brawijaya<br \/>University, Malang, Jawa Timur 65145, Indonesia<br \/>Email: dewi.permada@gmail.com<br \/><b>Ananda Sabil Hussein<br \/><\/b>2Department of Management, Faculty of Economics and Business, Brawijaya<br \/>University, Malang, Jawa Timur 65145, Indonesia<br \/>Email: Ananda@ub.ac.id<br \/><b>Risna Wijayanti<br \/><\/b>3Department of Management, Faculty of Economics and Business, Brawijaya<br \/>University, Malang, Jawa Timur 65145, Indonesia<br \/>Email: risna@ub.ac.id<br \/><b>Kusuma Ratnawati<br \/><\/b>4Department of Management, Faculty of Economics and Business, Brawijaya<br \/>University, Malang, Jawa Timur 65145, Indonesia<br \/>Email: kusuma@ub.ac.id<br \/>*Correspondence author: dewi.permada@gmail.com<\/p><h3><span style=\"color: #0000ff;\"><b>Abstract<\/b><\/span><\/h3><p style=\"text-align: left;\">This study examines the performance of 35 Indonesian Consumer Non-Cyclical Companies before and after the COVID-19 impact, focusing on stability and survival in the manufacturing sector. Limited to companies with a minimum 12-year operational period, we analyzed the factors that can influence a manufacturing company so that it can develop and improve its performance of that company. This analysis concerns 1) Firm Corporate Governance with its influence on manufacturing firm Dynamic Performance and 2) its influence on Intellectual Capital. Several previous studies also explain that effective firm corporate governance has a positive\u00a0relationship with the dynamic performance of a firm. In this research, there are 4 elements assessed in Firm Corporate Governance, namely: a) board structure; b) Board processes; c) Composition of the board; and d) Characteristics of the board. Then we carried out; a 3) analysis of the influence of Intellectual Capital on Dynamic Performance. Dynamic Performance is measured through DEA (Data Envelopment Analysis). We also conducted 4) an analysis of the mediating influence of Intellectual Capital on Corporate Governance firms to 5) the moderating influence of Investment\u00a0Opportunity Set on Corporate Governance firms on Dynamic Performance. The findings reveal that Corporate Governance positively and significantly affects firm Dynamic Performance through direct effect to Dynamic Performance using Stata analysis (t count 2.81 &gt; 1.96 and P Values 0.005 &lt;0.05) and Corporate Governance also affect Intellectual Capital (t count 2.68 &gt; 1.96 and P Values 0.007 &lt; 0.05) through indirect effect to Dynamic Performance using Stata analysis. Intellectual Capital variable positively and significantly affects firm Dynamic Performance through direct effect to Dynamic Performance using Stata analysis (t count 2.46 &gt; 1.96 and P Values 0.015 &lt;0.05). Corporate Governance mediated by Intellectual Capital has a positive and significant effect on firm Dynamic Performance but moderating variables cannot be concluded as moderating variables Investment Opportunity Set Moderation on the influence of Corporate Governance on Dynamic Performance is not significant. In the control variable, Firm Size and Sales Growth do not affect Dynamic Performance but Firm Age and Debt Asset Ratio have a negative effect on Dynamic Performance so the older and higher the Debt Asset Ratio, it will have a negative effect on the company&#8217;s Dynamic Performance..<\/p><p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Keywords:\u00a0<\/strong><\/span>Dynamic Performance, Corporate Governance, Intellectual Capital,\u00a0Investment Opportunity<\/p><h5 style=\"text-align: left;\"><a href=\"https:\/\/ijicses.com\/wp-content\/uploads\/2025\/03\/Q3-Ijicasses-Dewi-Nari-Ratih-Permada.pdf\"><span style=\"color: #0000ff;\"><strong>Download Pdf<\/strong><\/span><\/a><\/h5>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Better Performance: What Company Should Improve? Dewi Nari Ratih Permada*1Department of Management, Faculty of Economics and Business, BrawijayaUniversity, Malang, Jawa [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"","ast-site-content-layout":"full-width-container","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-974","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/ijicses.com\/index.php\/wp-json\/wp\/v2\/pages\/974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ijicses.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ijicses.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ijicses.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ijicses.com\/index.php\/wp-json\/wp\/v2\/comments?post=974"}],"version-history":[{"count":13,"href":"https:\/\/ijicses.com\/index.php\/wp-json\/wp\/v2\/pages\/974\/revisions"}],"predecessor-version":[{"id":995,"href":"https:\/\/ijicses.com\/index.php\/wp-json\/wp\/v2\/pages\/974\/revisions\/995"}],"wp:attachment":[{"href":"https:\/\/ijicses.com\/index.php\/wp-json\/wp\/v2\/media?parent=974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}