Pengaruh Komisaris Independen dan Kepemilikan Institusional terhadap Kinerja Perusahaan Peran Mediasi Transformasi Industri 4.0

Authors

  • Muhammad Haris Saputra Universitas Jambi
  • Rama Dhonal Universitas Jambi
  • Kurnia Permana Universitas Jambi

DOI:

https://doi.org/10.30651/jms.v10i5.29748

Abstract

Penelitian ini menganalisis pengaruh komisaris independen dan kepemilikan institusional terhadap kinerja perusahaan dengan menempatkan transformasi Industri 4.0 sebagai variabel mediasi. Berlandaskan teori keagenan, keberadaan komisaris independen dan peran pemegang saham institusional dipandang mampu memperkuat fungsi pengawasan, menekan biaya keagenan, serta meningkatkan kualitas pengambilan keputusan strategis. Transformasi Industri 4.0 merefleksikan perubahan terencana dalam proses bisnis, teknologi, dan tata kelola operasional melalui pemanfaatan sistem digital terintegrasi, Internet of Things, analitik data, otomatisasi cerdas, dan integrasi rantai pasok. Penelitian ini menggunakan data panel perusahaan manufaktur selama periode 2019–2023 dan dianalisis dengan regresi panel two-way fixed effects serta uji mediasi berbasis produk koefisien menggunakan metode bootstrap. Hasil empiris menunjukkan bahwa komisaris independen dan kepemilikan institusional berpengaruh positif terhadap tingkat transformasi Industri 4.0 dan kinerja perusahaan. Selain itu, transformasi Industri 4.0 berpengaruh positif terhadap kinerja perusahaan dan terbukti memediasi secara parsial pengaruh komisaris independen dan kepemilikan institusional terhadap kinerja. Temuan ini menegaskan bahwa peningkatan efektivitas tata kelola perusahaan akan lebih optimal apabila disinergikan dengan strategi transformasi Industri 4.0 yang terukur dan berorientasi pada penciptaan nilai jangka panjang.

Downloads

Published

2026-01-01

How to Cite

Muhammad Haris Saputra, Rama Dhonal, & Kurnia Permana. (2026). Pengaruh Komisaris Independen dan Kepemilikan Institusional terhadap Kinerja Perusahaan Peran Mediasi Transformasi Industri 4.0. Jurnal Masharif Al-Syariah: Jurnal Ekonomi Dan Perbankan Syariah, 10(5). https://doi.org/10.30651/jms.v10i5.29748

Issue

Vol. 10 No. 5 (2025)

Section

Artikel

License

The Authors submitting a manuscript do so on the understanding that if accepted for publication, copyright of the article shall be assigned to Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah and Faculty Of Islamic Religiuos Universitas Muhammadiyah Surabaya as publisher of the journal.

Copyright encompasses exclusive rights to reproduce and deliver the article in all form and media, including reprints, photographs, microfilms and any other similar reproductions, as well as translations. The reproduction of any part of this journal, its storage in databases and its transmission by any form or media, such as electronic, electrostatic and mechanical copies, photocopies, recordings, magnetic media, etc., will be allowed only with a written permission from Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah and Faculty Of Islamic Religiuos Universitas Muhammadiyah Surabaya.

Faculty Of Islamic Religiuos Universitas Muhammadiyah Surabaya, the Editors and the Advisory Editorial Board make every effort to ensure that no wrong or misleading data, opinions or statements be published in the journal. In any way, the contents of the articles and advertisements published in the Tadarus are sole and exclusive responsibility of their respective authors and advertisers.

Rights of Authors
The Jurnal Masharif al-Syariah: Jurnal Ekonomi dan Perbankan Syariah And Faculty Of Islamic Religiuos Universitas Muhammadiyah Surabaya recognize the retention of the following:

  • Patent and trademark rights and rights to any process or procedure described in the article.
  • The right to photocopy or make single electronic copies of the article for their own personal use, including for their own classroom use, or for the personal use of colleagues, provided the copies are not offered for sale and are not distributed in a systematic way outside of their employing institution (e.g. via an e-mail list or public file server). Posting of an article on a secure network (not accessible to the public) within the author institution is permitted.
  • The right, subsequent to publication, to use the article or any part thereof free of charge in a printed compilation of works of their own, such as collected writings or lecture notes.