The Effect of Good Corporate Governance on Bank Performance with Organizational Culture as a Moderating Variable: A Study at Bank BJB’s Bogor Branch

Abstract

This study aims to analyze the effect of Good Corporate Governance (GCG) on the performance of Bank BJB’s Bogor Branch and to examine the role of organizational culture as a moderating variable. The study employed a quantitative approach with a saturated sample of 60 employees at Bank BJB’s Bogor Branch. Data were collected using a questionnaire with a Likert scale and analyzed using descriptive statistics and Moderated Regression Analysis (MRA). The results indicate that the implementation of GCG falls into the high category, with an average score of 3.692 and a Respondent Achievement Level (RAL) of 73.83%. Organizational culture also falls into the high category with an average of 3.702 and a RAC of 74.04%, while branch performance achieved an average of 3.725 and a RAC of 74.50%. The test results indicate that GCG has a positive and significant effect on performance, with a regression coefficient of 0.985, a t-value of 9.928, and a significance level of <0.001. The coefficient of determination of 0.630 indicates that GCG explains 63.0% of the variation in performance. Organizational culture has a direct, positive, and significant effect on performance. However, the interaction between GCG and organizational culture does not have a significant effect on performance, with an interaction coefficient of −0.045, a t-value of −0.343, and a significance level of 0.733. Thus, organizational culture is not shown to moderate the relationship between GCG and performance. The findings indicate that GCG and organizational culture are best understood as two factors that contribute directly to organizational performance