Good Corporate Governance (GCG) Principles in Persero
Abstract
This study aims to examine Good Corporate Governance (GCG) which is a guideline for good corporate governance, while the contents of this guideline include the principles of transparency, independence, accountability, responsibility, and fairness. The application of the principles that exist in a company is very important in the implementation of the management and supervision of State-Owned Enterprises, especially in state-owned enterprises, and this is confirmed in the Decree of the Minister of State-Owned Enterprises Number 117/M-MBU/2002. The problem that will be discussed in this research is how to implement the principles of Good Corporate Governance in the company. The research method used is a normative research method with a statute approach and analyzed using content analysis.
Keywords
Full Text:
PDFReferences
Maier, Stephanie. "How global is good corporate governance." London: Ethical Investment Research Services (2005): 1-20.
Rodriguez-Fernandez, Mercedes. "Social responsibility and financial performance: The role of good corporate governance." BRQ Business Research Quarterly 19.2 (2016): 137-151.
Hariati, Monday, and Yeney Widya Rihatiningtyas. "Effect of corporate governance and environmental performance on firm value." National Accounting Symposium 18 (2015): 1-16.
Ginting Guarantee. 2007. Limited Liability Company Law (Law Number 40 of 2007). PT. Image of Aditya Bakti. Bandung.
Khairandy, Ridwan and Camelia Malik. 2007. Good Corporate Governance (thoughts and implementation in Indonesia from a Legal Perspective). Total Media Creations. Yogyakarta.
Muhammad Abdulkadir. 2006. Indonesian Corporate Law (Third Edition Revised) Citra Aditya Bakti. Bandung.
Sutojo, Siswanto and E. John Aldridge. 2008. Good Corporate Governance. Healthy Corporate Governance. PT Damar Mulia Pustaka. Jakarta.
Onasis, Kritie, and Robin Robin. "The effect of corporate governance on firm value in financial sector companies listed on the IDX." Economic Development 20.1 (2016): 1-22.
Dewi, Ni Nyoman Kristiana, and I. Ketut Jati. "The influence of executive character, company characteristics, and dimensions of good corporate governance on tax avoidance on the Indonesian stock exchange." E-Journal of Accounting 6.2 (2014): 249-260.
Apriliani, Mikha Tri, and Totok Dewayanto. "Effect of corporate governance, firm size and firm age on firm performance." Diponegoro Journal of Accounting 7.1 (2018).
Siregar, Ayu Anggreni, and Muchamad Syafruddin. "The Influence of Good Corporate Governance on Tax Avoidance (Empirical Study on Manufacturing Companies listed on the Indonesia Stock Exchange in 2015-2018)." Diponegoro Journal of Accounting 9.2 (2020).
Putri, Ida Ayu Sasmika, and Bambang Suprasto. "The Influence of Corporate Social Responsibility and Corporate Governance Mechanisms on Corporate Value." E-Journal of Accounting 15.1 (2016): 667-694.
Puspita, Silvia Ratih, and Puji Harto. "Effect of corporate governance on tax avoidance." Diponegoro journal of accounting 3.2 (2014): 1077-1089.
Dinah, Aida Farah, and Darsono Darsono. "Effect of corporate governance, profitability, and tax avoidance on firm value." Diponegoro Journal of Accounting 6.3 (2017): 1-15.
Sari, Ardiana Luthvita. "Corporate characteristics, corporate governance and earnings management." Journal of Business Accounting 15.2 (2017): 229-245.
Larastomo, Juoro, et al. "The effect of corporate governance and tax avoidance on earnings management in manufacturing companies in Indonesia." Essence: Journal of Business and Management 6.1 (2016): 63-74.
Giovani, Marsheila. "The Effect of Ownership Structure, Corporate Governance, and Company Characteristics on Earnings Management." Journal of Business Accounting 15.2 (2017): 290-306.
Yohendra, Cynthia Lavenia, and Meinie Susanty. "Corporate governance and corporate value." Journal of Business and Accounting 21.1 (2019): 113-128.
Hapsari, Ajeng Andriani. "The influence of corporate governance on risk management in Indonesian banks." Journal of Muara Economics and Business 1.2 (2018): 1-10.
Nathana, Aditha. "Effect of company board composition on company profitability." Finesta 2.1 (2014): 76-81.
Noviardhi, Mahendra Taufiq, and P. Basuki Hadiprajitno. "Analysis of the influence of corporate governance on earnings management." Diponegoro Journal of Accounting (2013): 65-73.
Fangestu, Frendy, et al. "The Influence of Financial Performance, Good Corporate Governance (GCG) And Corporate Social Responsibility (Csr) On The Value Of Mining Companies On The Indonesia Stock Exchange In The Period 2014-2018." MEA Scientific Journal (Management, Economics, & Accounting) 4.3 (2020): 293.
Susanto, Yulius Kurnia, and Daves Joshua. "The Influence of Corporate Governance and Corporate Characteristics on Disclosure of Corporate Social Responsibility." EQUITY (Journal of Economics and Finance) 2.4 (2018): 572-590.
Dewanti, Monica Paramita Ratna Putri, and Hamfri Djajadikerta. "The influence of financial performance and corporate governance on the value of companies in the telecommunications industry on the Indonesia Stock Exchange." Journal of Accounting 10.1 (2018).34
Firmansyah, Amrie, et al. "The cost of corporate capital in Indonesia: social responsibility and corporate governance." Journal of Economics 26.3 (2021): 371-388.
Avoidance, Can Corporate Governance Reduces Tax. "Can Good Corporate Governance Reduce Tax Avoidance?" Scientific Journal of Accounting and Business 14.2 (2019): 265.
Josephine, Kezia, Estralita Trisnawati, and Herlin Tundjung Setijaningsih. "The influence of intellectual capital and corporate governance on firm value through financial performance (empirical study on LQ45 companies on the Indonesia Stock Exchange 2015-2017 period)." Journal of Muara Economics and Business 3.1 (2019): 59-70.
Damayanti, Novi, and Amrie Firmansyah. "The role of corporate governance in operational performance and market performance in Indonesia." Journal of Economics 26.2 (2021): 206-222.
Suryandari, Ni Nyoman Ayu, and Frischa Faradilla Arwinda Mongan. "Corporate Value Judging From Corporate Social Responsibility, Governance, And Investment Opportunities." Accounting Profession Journal (APAJI) 2.2 (2020): 94-103.
Triyuwono, Edwin, Suwandi Ng, and Fransiskus Eduardus Daromes. "Corporate Governance as a Risk Management Mechanism To Increase Company Value." Accounting, Auditing & Information Research Media 20.2 (2020): 205-220.
Suhardjanto, Djoko, and Aryane Dewi. "Disclosure of financial risk and corporate governance: An empirical study of Indonesian banking." Journal of Finance and Banking 15.1 (2011): 105-118.
Kurniawan, Vito Janitra, and Siddiq Nur Rahardjo. "The Influence Between Corporate Governance and the Company's Capital Structure." Diponegoro Journal of Accounting (2014): 669-677.
Budiman, Johnny, and Helena Helena. "Analysis of the Influence of Corporate Governance on Capital Structure with Quality of Financial Statements as Mediator in Companies Listed on the Indonesia Stock Exchange." Maranatha Management Journal 16.2 (2017): 187-202.
Setiarini, Anggi Adinda, Sulistyo Sulistyo, and Rita Indah Mustikowati. "The Influence of Good Corporate Governance Mechanisms, Disclosure of Corporate Social Responsibility, and Return on Asset Use on Company Value." Research Journal of Accounting Students 6.1 (2018).
Machmuddah, Zaky, Muchamad Syafruddin, and Dul Muid. "Earnings management, corporate environmental disclosure and corporate governance mechanisms." Journal of Accounting and Business Dynamics 4.1 (2017): 57-72.
DOI: http://dx.doi.org/10.18415/ijmmu.v9i10.4031
Refbacks
- There are currently no refbacks.
Copyright (c) 2022 International Journal of Multicultural and Multireligious Understanding
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
https://ijmmu.com
editor@ijmmu.com
facebook.com/ijmmu
Copyright © 2014-2018 IJMMU. All rights reserved.