The Mediating Role of Intellectual Capital in the Influence of Organizational Culture and Risk Management on the Business Performance of Construction Companies in Indonesia
Keywords:
Organizational Culture; Risk Management; Intellectual Capital; Corporate Performance.Abstract
This study aims to examine the influence of Organizational Culture and Risk Management on Corporate Performance, with Intellectual Capital as a mediating factor, within construction companies in Indonesia. A quantitative approach was employed, with data analyzed using SmartPLS 3. The sample consisted of 281 respondents drawn via purposive sampling from eight reputable construction companies in Indonesia, each with over five years of operational experience. The sample size was determined using Slovin’s formula. Results indicate that Organizational Culture (X₁) has a significant positive effect on Intellectual Capital (Z) (p = 0,000). Risk Management (X₂) also significantly influences Intellectual Capital (p = 0,039). Regarding Corporate Performance (Y), Organizational Culture (X₁) has an insignificant effect (p = 0,073), while Risk Management (X₂) shows a significant effect (p = 0,049). and Intellectual Capital (Z) positively and significantly influences Corporate Performance (Y) (p = 0,000). This study advances theoretical understanding by integrating Intellectual Capital into the analysis of how Organizational Culture and Risk Management collectively shape Corporate Performance in the construction industry. The findings suggest that Intellectual Capital plays a crucial mediating role in these relationships
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