Driving Lean Manufacturing through Corporate Governance and Intellectual Capital: The Moderating Influence of Organizational Culture

Rr Sri Saraswati, Winwin Yadiati, Harry Suharman, Roebiandini Soemantri — Mon, 18 Aug 2025 00:00:00 +0700

Purpose – This study examines the influence of corporate governance and intellectual capital on lean manufacturing implementation, with organizational culture as a moderating variable.

Methodology/approach – A survey was conducted with 118 employees from manufacturing companies listed on the Indonesia Stock Exchange (IDX) with at least a Diploma (D3) degree and two years of experience. Data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM).

Findings – Corporate governance and intellectual capital significantly enhance lean manufacturing practices. Organizational culture positively moderates these relationships, amplifying their effects.

Novelty/value – This research integrates governance, intellectual capital, and culture as key determinants for lean success in Indonesian manufacturing firms, expanding the lean implementation literature in emerging markets.Keywords – Lean manufacturing, corporate governance, intellectual capital, organizational culture, PLS-SEM.

Keywords: Corporate Governance, Intellectual Capital, Lean Manufacturing, Organizational Culture

Green Finance, Environment Performance, and CSR on Financial Performance Industrial Sector in Indonesia: The Moderating Role of Good Corporate Governance

Ninette I. Asyifa, Endri Endri — Tue, 02 Sep 2025 00:00:00 +0700

This study aims to analyze the influence of Green Finance, Environmental Performance, and Corporate Social Responsibility (CSR) on financial performance, with Good Corporate Governance (GCG) as a moderating variable, in industrial sector companies listed on the Indonesia Stock Exchange during the 2019–2023 period. The research sample consists of 41 companies, employing panel data regression analysis processed using E-Views 13. The findings reveal that Green Finance, Environmental Performance, and CSR have a significant effect on Return on Assets (ROA), and that GCG is proven to moderate these relationships. Meanwhile, only Green Finance and GCG significantly affect Return on Equity (ROE), with GCG moderating solely the effect of Green Finance on ROE. These results underscore that the effective implementation of GCG can strengthen the impact of corporate sustainability practices on financial performance and support long-term business continuity.

International Journal of Applied Management and Business

Driving Lean Manufacturing through Corporate Governance and Intellectual Capital: The Moderating Influence of Organizational Culture

Green Finance, Environment Performance, and CSR on Financial Performance Industrial Sector in Indonesia: The Moderating Role of Good Corporate Governance