The Influence of Business Strategy, Management Accounting Innovation, and Enterprise Risk Management on Enterprise Performance with Information Technology Governance As Moderating Variable

Abstract

This study examines and evaluates the impact of business strategy, management accounting innovation, and enterprise risk management on enterprise performance. Additionally, the study investigates whether information technology governance can moderate the influence of business strategy, management accounting innovation, and enterprise risk management on enterprise performance. The present study employed a quantitative research approach, utilizing primary data acquired through administering questionnaires for data collection. The focal point of examination in this research is a manufacturing enterprise in Indonesia. The analysis encompassed a total of 317 firms. The present work employs the smart PLS approach for data processing. The findings of this study suggest that business strategy does not yield a favorable impact on enterprise performance. However, management accounting innovation and enterprise risk management are both associated with beneficial effects on enterprise performance. The presence of information technology governance as a moderating variable does not enhance the impact of business strategy on enterprise performance. However, it enhances management accounting innovation's impact on enterprise performance. Furthermore, it does not boost the relationship between corporate risk management and enterprise performance.