Dampak Penerapan Teknologi terhadap Profitabilitas dengan Pengendalian Internal di Industri ABC di Indonesia
Article Sidebar
Main Article Content
Abstract
This study investigates the impact of technology implementation on profitability, taking into account the mediating role of internal control in the context of the ABC industry in Indonesia. Using a quantitative approach, this study collected data from a sample of 160 participants and used Structural Equation Modeling with Partial Least Squares (SEM-PLS) for analysis. Descriptive statistics, evaluation of measurement models, and results of structural models are examined. The findings show a significant positive relationship between technology implementation, internal control, and profitability. Analysis of the validity of the discriminant supports the peculiarities of the construct. This research contributes to an understanding of the complex interplay between technology adoption, internal control mechanisms, and financial performance in Indonesia's ABC industry. Implications for industry practitioners and avenues for future research are also discussed.
Article Details
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
References
Abirami, M., Abbas, S. S. J., Jamal, N., Magar, A., & Swathi, T. (2023). Assessing the Impact of Technological Advances on Business Management Techniques. International Journal of Professional Business Review, 8(7 SE-Articles), e01238. https://doi.org/10.26668/businessreview/2023.v8i7.1238
Agarwal, P. (2023). The Impact of globalisation on international business strategy and operation: A cross sectional study of expert’s Opinion. PsychologyandEducation, 55(1), 56–64. https://doi.org/10.48047/pne.2018.55.1.02
Alamsyah, M. I., Dirgantari, P. D., Rahayu, A., Wibowo, L. A., & Disman. (2023). Strategic Mapping of Corporate and Business Strategies in the Healthcare Sector: A Case Study of ABC Hospital in Indonesia. East Asian Journal of Multidisciplinary Research , 2(6 SE-Articles), 2427–2444. https://doi.org/10.55927/eajmr.v2i6.4384
Basu, K. (2017). What is Technology Transformation. Kedge Business School.
Bayewu, A., Patcharaporn, Y., Folorunsho, O. ., & TP & Ojo. (2022). An in-depth Review of Cybersecurity Controls in Mitigating legal and Risk-Related Challenges. Social Informatics, 8, 1–10.
Block, F. (2022). Technology and productivity: a critique of aggregate indicators. Journal of Post Keynesian Economics, 45(1), 1–23. https://doi.org/10.1080/01603477.2022.2029491
Bodrunov, S. D. (2022). Technological progress: prerequisite and result of the socio-humanitarian direction of economic development. Economic Revival of Russia.
Brown, M., & Ehlen, M. (2003). Technology Adoption Indicators Applied to the ATP Flow Control Machining Project. NIST Interagency/Internal Report (NISTIR), National Institute of Standards and Technology, Gaithersburg, MD.
Carrasco, J. L. (2010). Structural Equation Model. Encyclopedia of Biopharmaceutical Statistics, 8(3), 1300–1305. https://doi.org/10.3109/9781439822463.209
Chaudhary, M. K., & Chaudhary, R. K. (2022). Contribution of Internal Control System towards Financial Performance: An Empirical Configuration for Future Strategies. Patan Pragya, 10(01 SE-Articles), 116–124. https://doi.org/10.3126/pragya.v10i01.50636
Daif, A., & Jalal, A. (2022). The Contribution of Internal Audit to the Performance of the Internal Control System. European Scientific Journal, ESJ, 18(25 SE-ESJ Social Sciences). https://doi.org/10.19044/esj.2022.v18n25p32
Ery Herliana, & Cris Kuntadi. (2023). Influence of Internal Audit, Information & Communication, and Monitoring of Internal Control Performance. Dinasti International Journal of Education Management And Social Science, 4(3), 374–385. https://doi.org/10.31933/dijemss.v4i3.1676
Ferrer-Dávalos, R. M. (2023). Influence of technology adoption on organizational performance: evidence from Paraguayan microenterprises. South Florida Journal of Development, 4(2 SE-Articles), 696–718. https://doi.org/10.46932/sfjdv4n2-007
Forster, N. (2006). The Impact of Emerging Technologies on Business, Industry, Commerce and Humanity during the 21st Century. Vision: The Journal of Business Perspective, 10, 1–27. https://doi.org/10.1177/097226290601000401
Gumelar, T. M., Shauki, E. R., Ekonomi dan Bisnis, F., Indonesia, U., Margonda Raya, J., Cina, P., & Beji, K. (2020). Pencegahan Fraud Pada Pengelolaan Dana Organisasi: Perspektif Theory of Planed Behavior. Akuntansi Riset, 12(1). https://doi.org/10.17509/jaset.v12i1.23963
Hadi Priyono, T., Gianavasya, S., Hanim, A., Yunitasari, D., Wibisono, S., & Jumiati, A. (2023). The Effect of Technology Development and Educational Performance on Unemployment in Indonesia. JAE (JURNAL AKUNTANSI DAN EKONOMI), 8(1 SE-Volume 8 No 1 Tahun 2023), 119–129. https://doi.org/10.29407/jae.v8i1.19794
Hair, J. F., Hult, G. T. M., Ringle, C. M., Sarstedt, M., Danks, N. P., & Ray, S. (2021). An Introduction to Structural Equation Modeling BT - Partial Least Squares Structural Equation Modeling (PLS-SEM) Using R: A Workbook (J. F. Hair Jr., G. T. M. Hult, C. M. Ringle, M. Sarstedt, N. P. Danks, & S. Ray (eds.); pp. 1–29). Springer International Publishing. https://doi.org/10.1007/978-3-030-80519-7_1
Hakiki, A. (2023). The Effect of Technological Advances to the Accounting Information System Performance. European Journal of Business and Management Research, 8, 221–226. https://doi.org/10.24018/ejbmr.2023.8.3.1988
Hamed, R. (2023). The Role of Internal Control Systems in Ensuring Financial Performance Sustainability. In Sustainability (Vol. 15, Issue 13). https://doi.org/10.3390/su151310206
Hawario Asser, J., Waiganjo, E., & Njeru, A. (2023). Influence of Technology Adoption Interventions on Performance of Selected Commercial State Corporations in Kenya. Multidisciplinary Journal of Technical University of Mombasa , 2(1 SE-Articles), 77–91. https://doi.org/10.48039/mjtum.v2i1.49
Hikmah, Z., Wijayanto, H., & Aidi, M. (2023). Selection Of The Best Sem Model To Identify Factors Affecting Marketing Performance In The Ict Industry. Barekeng: Jurnal Ilmu Matematika Dan Terapan, 17(2 SE-Articles). https://doi.org/10.30598/barekengvol17iss2pp1149-1162
Inawati, W. A., & Rahmawati, R. (2023). Dampak Environmental, Social, Dan Governance (ESG) Terhadap Kinerja Keuangan. Jurnal Akademi Akuntansi, 6(2), 225–241.
Iradukunda, P., & Kamande, M. (2022). Internal Control System and Financial Performance in Banking Industry: A case of Guaranty Trust Bank-Rwanda. International Journal of Scientific and Research Publications, 12, 53–65. https://doi.org/10.29322/IJSRP.12.11.2022.p13108
Iskandar, Y., Ningrum, H. F., & Akbar, B. M. B. (2020). Peran Faktor Internal Dan Eksternal Pada Kinerja Keuangan Perusahaan Ritel. Jurnal Ilmiah MEA (Manajemen, Ekonomi, & Akuntansi), 4(2), 36–45.
Kapri, S. S. (2023). Importance of New Technologies in Transforming Business: An Empirical Study. PsychologyandEducation, 55(1), 146–152. https://doi.org/10.48047/pne.2018.55.1.13
Lartey, P., Akolgo, I. G., Jaladi, S. R., Ayeduvor, S., & Afriyie, S. O. (2023). Recent advances in internal control: Soft control overcoming the limits of hard control. Frontiers in Management and Business, 4(1 SE-Review). https://doi.org/10.25082/FMB.2023.01.004
Lesmana, T., Iskandar, Y., & Heliani, H. (2020). Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan Pada Perusahaan Rokok Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Proaksi, 7(2), 25–34.
Li, P., Shu, W., Tang, Q., & Zheng, Y. (2019). Internal control and corporate innovation: evidence from China* . Asia-Pacific Journal of Accounting & Economics, 26(5), 622–642. https://doi.org/10.1080/16081625.2017.1370380
Maharani, K., Hudrasyah, H., & Belgiawan, P. (2023). Marketing Strategy to Increase Brand Awareness: A Study Case on Digital Loan Application. International Journal of Current Science Research and Review, 06. https://doi.org/10.47191/ijcsrr/V6-i7-72
Mazur, N., & Chukhray, N. (2023). The Influence Of Modern Technologies On The Effectiveness Of Management And Decision-Making In Organizations. Collection of Scientific Papers «ΛΌГOΣ», April 28, 2023; Seoul, South Korea SE-Management, Public management and administration, 36–38. https://doi.org/10.36074/logos-28.04.2023.09
Mpora, B., Frank, H., & Omweno, E. (2023). The Internal Control System and the Performance of Financial Institutions in Uganda. International Journal of Finance and Accounting, 2, 1–8. https://doi.org/10.37284/ijfa.2.1.1186
Mursitama, T. N., Noerlina, & Arnakim, L. Y. (2023). The role of absorptive capacity, technological capability, and firm performance in Indonesia’s high-tech industry . International Journal of Applied Economics, Finance and Accounting, 15(2 SE-Articles), 126–134. https://doi.org/10.33094/ijaefa.v15i2.852
Nguyen, T. N. L., Vu, T. K. A., & Bui, T. N. (2023). Impact of Internal Control on the Quality of Accounting Information at Enterprises Listed on the Stock Market in Vietnam. International Journal of Professional Business Review, 8(5 SE-Articles), e01010. https://doi.org/10.26668/businessreview/2023.v8i5.1010
Noerlina, N., & Mursitama, T. N. (2023). An Overview of Characteristics and Condition of High-Tech Industry in Indonesia. E3S Web of Conferences, 388.
Nugrahanti, T. P. (2016). Risk assessment and earning management in banking of Indonesia: corporate governance mechanisms. Global Journal of Business and Social Science Review, 4(1), 1–9.
Nugrahanti, T. P. (2023). Analyzing the Evolution of Auditing and Financial Insurance: Tracking Developments, Identifying Research Frontiers, and Charting the Future of Accountability and Risk Management. West Science Accounting and Finance, 1(02), 59–68.
Nugrahanti, T. P., & Jahja, A. S. (2018). Audit judgment performance: The effect of performance incentives, obedience pressures and ethical perceptions. Journal of Environmental Accounting and Management, 6(3), 225–234.
Nugrahanti, T. P., & Pratiwi, A. S. (2023). The Remote Audit and Information Technology: The impact of Covid-19 Pandemics. JABE (Journal Of Accounting And Business Education), 8(1), 15–39.
P Nugrahanti, T. (2008). Peranan Rasio Keuangan Dalam Memprediksi Perubahan Laba.
Padriyansyah, P., & Pratiwi, T. S. (2021). Analisis Sistem Penggajian Dalam Upaya Pengendalian Internal Perusahaan. Jurnal Neraca: Jurnal Pendidikan Dan Ilmu Ekonomi Akuntansi, 5(1), 48. https://doi.org/10.31851/neraca.v5i1.5673
Perdana, P. N., Armeliza, D., Khairunnisa, H., & Nasution, H. (2023). Research Data Processing Through Structural Equation Model-Partial Least Square (SEM-PLS) Method. Jurnal Pemberdayaan Masyarakat Madani (JPMM), 7(1), 44–50.
Ramadaniyah, R., & Triana, A. (2022). Pengaruh Financial Indicators dan Efektivitas Komite Audit Terhadap Kondisi Financial Distress (Studi Empiris Pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2020 – 2020). Jurnal Aplikasi Manajemen Dan Bisnis, 2(2 SE-Articles), 11–30. https://doi.org/10.5281/zenodo.7416647
Raucci, D., & Tarquinio, L. (2015). A Study of the Economic and Non-Financial Performance Indicators in Corporate Sustainability Reports. Journal of Sustainable Development, 8. https://doi.org/10.5539/jsd.v8n6p216
Rexhepi, S., Maloku, S., & Lushi, I. (2023). The Role of the Internal Control Increasing Performance in the Public Institutions. SSRN Electronic Journal, 1, 1–8. https://doi.org/10.2139/ssrn.4322872
Ruichen Liu. (2023). Multi-Perspective Analysis of the Sustainable Transformation of Multinational Companies. Journal of Progress in Engineering and Physical Science, 2(2 SE-Articles), 59–65.
Sarstedt, M., & Moisescu, O.-I. (2023). Quantifying uncertainty in PLS-SEM-based mediation analyses. Journal of Marketing Analytics, 1–10.
Setiyaviani, S. P. A., & Julian, L. (2023). Evaluasi Lingkungan Pengendalian dengan Kerangka Pengendalian Internal COSO di KPP Pratama Jakarta Pesanggrahan. Owner : Riset Dan Jurnal Akuntansi, 7(4 SE-), 3350–3364. https://doi.org/10.33395/owner.v7i4.1674
Sihombing, P. R., Arsani, A. M., Purwanti, D., & Budiantono, S. (2023). Implementation Of Sem-Pls Modeling On The Impact Of The Regional Competitiveness Index On Socioeconomic Macro Variables. Jurnal Lebesgue: Jurnal Ilmiah Pendidikan Matematika, Matematika Dan Statistika, 4(1), 308–315.
Singhal, A., & Jain, V. (2023). Technology And Its Impact On The Profitability With Reference To Indian Banks. ICTACT Journal on Management Studies, 09. https://doi.org/10.21917/ijms.2023.0258
Trimble, M. (2021). The technological society. Ulster Medical Journal, 90(1), 1–2. https://doi.org/10.2307/3101837
Ulfa, R., Setyadi, D., & Nahar, M. (2021). Pengaruh Inovasi Proses, Inovasi Produk, dan Teknologi Terhadap Kinerja Operasional Pada PT Pagilaran UP Pagilaran Batang, Jawa Tengah. Indicators : Journal of Economic and Business, 3, 434–444. https://doi.org/10.47729/indicators.v3i1.83
Yasa, I. G. A. P., Jayanti, L. G. P. S. E., & Sutapa, N. (2021). Analisis Sistem Pengendalian Internal Penerimaan dan Pengeluaran Kas Di LPD Pekraman Bayad. Journal of Public and Business Accounting, 2(2), 75–81. https://doi.org/10.31328/jopba.v2i2.272
Yousef, H. A., ElSabry, E. A., & Adris, A. E. (2023). Impact of technology management in improving sustainability performance for Egyptian petroleum refineries and petrochemical companies. International Journal of Energy Sector Management, ahead-of-print(ahead-of-print). https://doi.org/10.1108/IJESM-02-2023-0002