Impact of Identification and Mitigation of Risk on Risk Maturity Mediated Internal Audit
Embun Prowanta (a)*, Yohanes Ferry Cahaya (b), Indra Siswanti (c)

(a,b) PERBANAS INSTITUTE
Jalan Perbanas Karet Kuningan, Setiabudi,
Jakarta Selatan 12940, Indonesia
* embuncfp[at]gmail.com

(d) MERCU BUANA UNIVERSITY
Jl. Meruya Selatan No. 1 Kembangan
Jakarta Barat 11650


(c) MERCU BUANA UNIVERSITY
Jl. Meruya Selatan No. 1 Kembangan
Jakarta Barat 11650

Abstract

The purpose of the research is to analyst the impact of risk identification and mitigation on risk maturity mediated by internal audit at Fertilizer Factory. This research uses primary data with a questionnaire with respondents of employees of Fertilizer Factorywith the job ranges of middle and senior management. The data analysis method used is a quantitative approach to Structural Equation Modeling (SEM) based on Partial Least Square. (PLS). The results of the research resulted in risk identification and risk mitigation having a positive and significant relationship to internal audit. Internal audit moders the relationship between risk identification and risk mitigation towards risk maturity.

Keywords: risk identification, risk mitigation, internal audit, risk maturity

Topic: Financial Risk Management in Energy Markets