ENTERPRISE RISK MANAGEMENT DAN FINANCIAL CONSTRAINTS INDUSTRI MANUFAKTUR DI INDONESIA
DOI:
https://doi.org/10.29040/jie.v8i2.12037Abstrak
Referensi
Ai, J., Bajtelsmit, V., & Wang, T. (2018). The Combined Effect of Enterprise Risk Management and Diversification on Property and Casualty Insurer Performance. Journal of Risk and Insurance, 85(2), 513–543. https://doi.org/10.1111/jori.12166
Aisyah, A. P., & Dahlia, L. (2022). Enterprise Risk Management Berdasarkan ISO 31000 Dalam Pengukuran Risiko Operasional pada Klinik Spesialis Esti. Jurnal Akuntansi Dan Manajemen, 19(02), 78–90. https://doi.org/10.36406/jam.v19i02.483
Berry-Stölzle, T. R., & Xu, J. (2018). Enterprise Risk Management and the Cost of Capital. Journal of Risk and Insurance, 85(1), 159–201. https://doi.org/10.1111/jori.12152
Buchdadi, A. D., Oktafianto, E., & Mardiyati, U. (2018). Pengaruh R&D Expenditure Terhadap Firm Performance Pada Perusahaan Yang Terdaftar Di Bei Periode 2003-2015. JRMSI - Jurnal Riset Manajemen Sains Indonesia, 9(2), 337–351. https://doi.org/10.21009/jrmsi.009.2.09
Bustos, E., Engist, O., Martinsson, G., & Thomann, C. J. (2023). Financing Constraints and Risk Management: Evidence From Micro-Level Insurance Data. SSRN Electronic Journal, 1452. https://doi.org/10.2139/ssrn.4313737
Cheng, B., Ioannou, I., & George, S. (2014). Corporate Social Responsibility and Access to Finance. Business, 920(October), 1–43. https://doi.org/10.1002/smj
COSO. (2004). Enterprise Risk Management: Integrated Framework: Executive Summary, Framework, September 2004. Committee of Sponsoring Organizations of the Treadway Commission, 2(September).
Eckles, D. L., Hoyt, R. E., & Miller, S. M. (2014). Reprint of: The impact of enterprise risk management on the marginal cost of reducing risk: Evidence from the insurance industry. Journal of Banking and Finance, 49, 409–423. https://doi.org/10.1016/j.jbankfin.2014.10.006
Froot, K. A., Scharfstein, D. S., & Stein, J. C. (1993). Risk Management: Coordinating Corporate Investment and Financing Policies. The Journal of Finance, 48(5), 1629–1658. https://doi.org/10.1111/j.1540-6261.1993.tb05123.x
Guariglia, A. (2008). Internal financial constraints, external financial constraints, and investment choice: Evidence from a panel of UK firms. Journal of Banking and Finance, 32(9), 1795–1809. https://doi.org/10.1016/j.jbankfin.2007.12.008
Guizani, M. (2017). The financial determinants of corporate cash holdings in an oil rich country: Evidence from Kingdom of Saudi Arabia. Borsa Istanbul Review, 17(3), 133–143. https://doi.org/10.1016/j.bir.2017.05.003
Gupta, P. C. P., & Bedi, P. (2020). Fresh Evidence on Determinants of Corporate Cash Holdings. SSRN Electronic Journal, 1–24. https://doi.org/10.2139/ssrn.3743398
Hadlock, C. J., & Pierce, J. R. (2010). New evidence on measuring financial constraints: Moving beyond the KZ index. Review of Financial Studies, 23(5), 1909–1940. https://doi.org/10.1093/rfs/hhq009
Hanafi, M. (2009). Manajemen Risiko. http://www.nber.org/papers/w16019
Hann, R. N., Ogneva, M., & Ozbas, O. (2013). Corporate diversification and the cost of capital. Journal of Finance, 68(5), 1961–1999. https://doi.org/10.1111/jofi.12067
Hennessy, C. A., & Whited, T. M. (1985). Censored data analysis in life testing and cosmology: Point process techniques. Stochastic Processes and Their Applications, 21(1), 78. https://doi.org/10.1016/0304-4149(85)90373-4
Hidayat, R. (2010). Keputusan Investasi Dan Financial Constraints: Studi Empiris Pada Bursa Efek Indonesia. Buletin Ekonomi Moneter Dan Perbankan, 12(4), 457–479. https://doi.org/10.21098/bemp.v12i4.249
Husaini, Pirzada, K., & Saiful. (2020). Risk management, sustainable governance impact on corporate performance. Journal of Security and Sustainability Issues, 9(3), 993–1004. https://doi.org/10.9770/jssi.2020.9.3(23)
Husaini, & Saiful. (2018). Enterprise Risk Management, Corporate Governance and Firm Value: Empirical Evidence from Indonesian Public Listed Companies. International Journal of Advances in Management and Economics, 6(6), 16–23. www.managementjournal.info
Korajczyk, R. A., & Levy, A. (2003). Capital structure choice: Macroeconomic conditions and financial constraints. Journal of Financial Economics, 68(1), 75–109. https://doi.org/10.1016/S0304-405X(02)00249-0
Lai, F.-W., Samad, M. F. A., & Azizan, N. A. (2011). Multifactor Model of Risk and Return Through Enterprise Risk Management Framework. Information and Financial Engineering, Icife 2011, 12, 555–559.
Lamont, O., Polk, C., & Saá-Requejo, J. (2001). Financial constraints and stock returns. Review of Financial Studies, 14(2), 529–554. https://doi.org/10.1093/rfs/14.2.529
Lin, H., & Paravisini, D. (2013). The effect of financing constraints on risk. Review of Finance, 17(1), 229–259. https://doi.org/10.1093/rof/rfr038
LuoChen, Q., Chen, M., Liao, J., & Xu, Z. (2021). The Study of Comprehensive Risk Management and Corporate Finance Constraints. Frontiers in Business, Economics and Management, 2(3), 133–135. https://doi.org/10.54097/fbem.v2i3.217
Mulier, K., Schoors, K., & Merlevede, B. (2016). Investment-cash flow sensitivity and financial constraints: Evidence from unquoted European SMEs. Journal of Banking and Finance, 73, 182–197. https://doi.org/10.1016/j.jbankfin.2016.09.002
Murniati, E., Nurasmi, Nurhayati, & Awza, R. (2021). Jurnal Gema Pustakawan. Jurnal Gema Pustakawan, 9(2), 100–113.
Myers, S. C., & Majluf, N. S. (1984). Corporate financing and investment decisions when firms have information that investors do not have. Journal of Financial Economics, 13(2), 187–221. https://doi.org/10.1016/0304-405X(84)90023-0
Pellicani, A. D., & Mocellin, J. V. (2010). The impact of corporate governance on financial leverage: evidence from Egypt. International Journal of Business Governance and Ethics, 1(1), 1. https://doi.org/10.1504/ijbge.2023.10055063
Poursoleiman, E., Mansourfar, G., & Abidin, S. (2020). Financial leverage, debt maturity, future financing constraints and future investment. International Journal of Islamic and Middle Eastern Finance and Management, 13(4), 613–634. https://doi.org/10.1108/IMEFM-10-2019-0430
Puspitarini, N., & Kurniawati, L. (2023). Pengaruh Cash Holdings, Leverage, dan Financial Constraint Terhadap Return Saham pada Masa Awal Pandemi COVID-19. Substansi: Sumber Artikel Akuntansi Auditing Dan Keuangan Vokasi, 6(2), 27–42.
Rahmadani, Y. M., & Husaini, H. (2021). Enterprise Risk Management, Kompleksitas Dan Nilai Perusahaan Manufaktur Di Indonesia. Jurnal Fairness, 7(2), 137–150. https://doi.org/10.33369/fairness.v7i2.15153
Robert R. Moeller. (2011). COSO Enterprise Risk Management_ Establishing Effective Governance, Risk. 353–366.
Sleimi, M. T. (2020). Effects of risk management practices on banks’ performance: An empirical study of the Jordanian banks. Management Science Letters, 10(2), 489–496. https://doi.org/10.5267/j.msl.2019.8.021
Tran, H. L., Bui, V. H., Phan, T. T. H., Dau, X. C., Tran, M. D., & Do, D. T. (2019). The impact of corporate social responsibility and risk management on financial performance: the case of vietnamese textile firms. Management Science Letters, 9(7), 1029–1036. https://doi.org/10.5267/j.msl.2019.4.003
Wang, Z., Dan, Y., & Li, W. (2022). Enterprise Risk Management and Financing Constraints:Evidence from China’s A-Share Non-Financial Listed Enterprises. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.4059041
Winkler, D., & Farole, T. (2012). Export Competitiveness in Indonesia ’ s Manufacturing Sector.