Analisis Penerapan Prinsip Good Corporate Governance pada Bank Syariah Indonesia

Abstract: The objective of this research is to Implementation of the good corporate governance (GCG) principles in addition to improving bank competitiveness itself, also provide more protection to the community. The implementation of the good corporate governance (GCG) principles becomes a trust given the banking industry that manages public funds (customers). The objective of this research is to know the analysis implementation of good corporate governance (GCG) principles in PT. Bank Mandiri (Persero) Tbk. Branch of Bengkulu. The object of this research is permanent employee of PT. Bank Mandiri (Persero) Tbk Branch Office of Bengkulu which amounted to 67 people, with sampling method that is total sampling. The sources of data in this study through questionnaires. The data analysis technique used quantitative descriptive analysis with mean method and frequency distribution table. The results of this study research that, implemtasi good corporate governance (GCG) principles at PT. Bank Mandiri (Persero) Tbk. Branch of Bengkulu has been running well with the average value of the statement 3.77 (good). Furthermore, the implementation principles of transparency, accountability, responsibility, independence and fairness have gone well with the average value each statement of 3.71 (good), 3.86 (good), 3.76 (good), 3.67 (good), 3.86 (good).Keyword: governance, bank, competitiveness.

<em>The principles of Good Corporate Governance are important so that performance is increasing and beneficial to the stakeholders. The formulation of the problem of how Good Corporate Governance principles, obstacles, and actions to improve the principles of Good Corporate Governance in PT. XYZ Finance Region of North Sumatra. Combined research (Mixed Methods Research) Respondent only leaders with supervisor level until general manager Questionnaire data collection, observation and interview of respondent Descriptive statistic analysis, triangulation technique credibility test and transferability. PT. XYZ Finance of North Sumatera region runs the principles of Good Corporate Governance with: The principle of openness: 3.7 good. Accountability: 4.1 good. Accountability 3.1 is not good. Independence: 2.6 less good. Fairness: 3.2 is not good. Total value: 4,026 on either area. Two factors that play the role of internal factors, as a driver of success and external factors, which affect the successful implementation of Good Corporate Governance. Beyond these two factors, the most strategic aspect of supporting the implementation of Good Corporate Governance effectively depends on the quality, skill, credibility, and integrity of the various parties that drive the company's organs. Performance improvement plan in order to realize the principles of Good Corporate Governance in order to deliver the results as expected must meet the criteria of practical, time oriented, specific and committed.</em>

The implementation of Good Corporate Governance (GCG) principles which includes: transparency, accountability, independence, responsibility and fairness are expected to improve company performance. Various problems that are related to the weak implementation of GCG principles have led to a decline in company performance.The purpose of this study is to analyze how far the implementation of GCG principles and how the company performance is measured by using Balanced Scorecard (BSC) method at Sharia Commercial Banks in Bandung City and then to analyze how the implementation of GCG principles is able to improve the company performance which is measured by using BSC method. In this study,the research method is descriptive with a qualitative approach. This study was conducted on nine Sharia Commercial Banks in Bandung City. Data collection techniques were carried out by distributing questionnaires to 45 operational managers at Sharia Commercial Bank in Bandung City and by interviews.The sampling technique is non probability sampling with the type of convenience sampling.The study results indicate that the implementation of GCG principles in Sharia Commercial Banks in Bandung City is very good. The company performance in Sharia Commercial Banks in Bandung City which are measured using BSC method is in very good category.Furthermore, the implementation of GCG principles in Sharia Commercial Banks in Bandung City is able to improve the company performance which is measured by using BSC method, as it is evidenced by one of them when Sharia Commercial Banks apply the responsibility principle in their operational activities, the level of customer trust will increase. With the increasing of customer trust, it will result in a higher level of financial return as an indicator in the increasing of company performance as it is measured by BSC method. Keywords : good corporate governance principles, company performance and balanced scorecard. DOI : 10.7176/EJBM/11-6-10

Corporate Governance, in simple terms, can be interpreted as a system built to direct and control the company so as to create a good, fair and transparent relationship between various parties who have an interest in the company. Companies belonging to the government are also required to apply the principles of Good Corporate Governance, including state-owned banks (BUMN Banks). The research method used in writing this journal is a normative juridical research method, namely research is carried out based on the main legal material by examining theories, concepts, legal principles and legislation related to research. The principles that must be applied in the implementation of Good Corporate Governance in Government-owned Banks (BUMN Banks) in accordance with the provisions of the financial services authority include transparency, accountability, responsibility, independence, and fairness. In the implementation of good corporate governance at banks in Indonesia, there is still an assumption that the implementation of good corporate governance is only a form of compliance with the provisions of company management and not a necessity that is really needed to improve company performance. Good Corporate Governance shows the relationship pattern between Management and all stakeholders, the relationship between Management and the Board of Commissioners and the relationship between Management which is based on ethics and Core Values which is supported by a system, process, work guideline and organization to achieve maximum performance. Consistent implementation of good corporate governance can lead to improvements in both financial and non-financial performance so as to maintain business sustainability and the Company's long-term goals.

Good Corporate Governance need to be applied to all organizations, including non-profit organizations, especially in religious non-profit organizations (Church). The principles of Good Corporate Governance consist of transparency, accountability, responsibility, independence, and fairness and equality. This study aims to analyze the implementation of Good Corporate Governance through the principles of Good Corporate Governance in Gereja Kristen Indonesia (GKI) Merisi Indah. The data analysis technique that used in this research is descriptive analysis. The conclusion of this research explained that transparency, responsibility, independence, and fairness and equality principles at GKI Merisi Indah have been implemented very well, but the principle of accountability in its implementation is quite good but there are still things that need to be improved. The results of this research can be used as a source of reference and further researches in determining whether Good Corporate Governance in other non-profit organizations has been implemented properly or not. Therefore, it is recommended to implement the principles of Good Corporate Governance because the implementation of the principles of Good Corporate Governance can make the Church a good and healthy non-profit organization.

This research aims to evaluate the implementation of Good Corporate Governance (GCG) in ensuring the good management of crowdfunding entities in Indonesia. Research methodology is using both quantitative and qualitative approaches. Quantitative approach was conducted by analyzing the factors of the driving forces for donors in financially participating in crowdfunding initiatives. Conceptual framework is developed and a study was conducted to 96 donors from three Indonesian crowdfunding portals. The findings of quantitative study show that the main factor that drive the donors to participate is motivation to accomplish, social merit factors and good trust to the project creator. Based on that results, qualitative study was conducted to evaluate the implementation of Good Corporate Governance (GCG) principles in those three Indonesian crowdfunding portals. The evaluation explains that GCG principles has been well implemented by those administrators of crowdfunding portals. Nevertheless, serious concern should be taken in the area of accountability and financial reporting. The research provides insights for crowdfunding practitioners to be succesfully raise funding and for crowdfunding platforms to be sustainable in this business by implementing good corporate governance. This research takes a further step in explaining crowdfunding phenomenon in Indonesia.

<p>This study examines the implementation of Good Corporate Governance (GCG) principles in the decision-making processes of corporate Boards of Directors and General Meetings of Shareholders (GMS) in Indonesia, focusing on the strategic role of notaries in ensuring legal compliance and enforcement of these principles. The research employs a normative juridical approach by analyzing relevant laws and regulations (including Law No. 40 of 2007 on Limited Liability Companies and the Notary Position Law) and scholarly literature. This normative analysis aims to understand the extent to which GCG norms are operationalized in practice through Board and GMS decision-making mechanisms. The findings highlight that while GCG principles are institutionalized in Indonesian corporate law, practical challenges persist: minority shareholders are often marginalized and decision-making processes can lack transparency. Notaries serve as neutral officials who document and legitimize Board and GMS decisions through authentic deeds, providing legal certainty and traceability. Their oversight and advisory functions contribute significantly to transparency and accountability in corporate governance. The study also identifies that some corporate practices, such as treating the GMS as a mere formality and unilateral decision-making by directors, undermine the objectives of GCG. The conclusion emphasizes that effective GCG implementation requires strengthened notarial supervision and regulatory mechanisms to protect shareholder rights and legal compliance. This article contributes by clarifying the critical role of notaries in operationalizing GCG norms in Indonesia and by recommending policy enhancements to fortify corporate governance practices.</p>

This study examines the implementation of good governance in Small Medium Sized Enterprises (SMEs). The specific purposes of this study are to analyzing: (1) the implementation of governance’s perspective: structure, mechanism, legal framework, regulations and business environment, (2) the perception of stakeholders (financial institutions) to the implementation of corporate governance in SMEs, (3) the differences of governance’s implementation in small business and medium business, (4) the differences of SMEs performance and (5) the relationship between corporate governance and firm performance. A sample of 60 SMEs and 10 financial institutions as stakeholders was used in this study. The tools that used in this study are: statistic descriptive, quartile, significant mean differences between two groups, regression and correlations. From this study can be concluded that the implementation of good corporate governance in SMEs are poor (score 0.3798 less than 0.50). Only 15% SMEs implementing corporate governance in good level and 85% in poor level. From statistic descriptive can be shown that the implementation of governance structure which consists of organizational structure and internal business process is weak to support the good corporate governance in SMEs. The governance mechanism which consists of corporate strategy, corporate policy and standard operating procedure can support the implementation of good corporate governance in SMEs. External forces including government regulation, business environment and legal framework is weak to support the implementation of good corporate governance in SMEs. From the comparison can be shown that there is no difference between the implementation of corporate governance in Small and Medium business. The business performance between Small and Medium business is different and there is a positive correlation between corporate governance and firm performance. Keywords: Small Medium Sized Enterprises, Good Corporate Governance, governance structure, governance mechanism, external forces

This research was conducted to find out how the application of the principles of Good Corporate Governance by Bank Indonesia to Commercial Banks and what are the legal consequences if Commercial Banks do not apply the principles of Good Corporate Governance in carrying out banking activities. This research is a normative legal research with a statutory and conceptual approach and qualitative data analysis. The results obtained from research conducted were that the implementation of Good Corporate Governance at Commercial Banks by Bank Indonesia was caused by the economic and monetary crises that occurred in Indonesia in 1997-1999 due to the failure to apply Good Corporate Governance in every activity in the company and in banking and legal consequences. for Commercial Banks that do not apply Good Corporate Governance in their banking activities as stipulated in Bank Indonesia Regulation Number 8/14 / PBI / 2006 Article 69, namely administrative sanctions and No criminal sanctions for Commercial Banks that do not apply Good Corporate Governance in their banking activities.

Good Corporate Governance is a process and structure that is used to direct and manage business and company affairs in order to increase business prosperity and corporate accountability with the main goal of realizing shareholder value in the long term while taking into account the interests of other stakeholders. The objectives of this study include ( 1) To analyze how the implementation of Good Corporate Governance in improving banking performance in Gorontalo Province is. (2) To identify constraints in the implementation of Good Corporate Governance in improving banking performance in Gorontalo Province. (3) To find efforts to minimize obstacles in the implementation of Good Corporate Governance in improving the performance of banks in Gorontalo Province. The research is designed to be carried out for a period of one year using descriptive qualitative research methods with stages of activities including (1) Identification of problems in the implementation of Good Corporate Governance in improving banking performance in Gorontalo Province, (2) Analysis of the implementation of Good Corporate Governance in improving banking performance in Gorontalo Province, (3) Selection of alternative problem solving in the implementation of Good Corporate Governance in improving the performance of Banking in Gorontalo Province, (4) Designing a model for implementing Good Corporate Governance in improving banking performance in Gorontalo Province. The technique of collecting data is used by means of observation, interviews, documentation and implementation of the FGD which aims to obtain data in supporting the final results of the study. The results of the study show that the implementation of the Good Corporate Governance banking system in Gorontalo Province in order to improve performance includes, (1). the status of the bank as a branch office and sub-branch office etc. is an obstacle and a problem that makes the application of the principles in Good Corporate Governance not optimal. (2). There needs to be awareness and willingness from the directors, shareholders, and bank management to raise the status of the subsidiary bank to branch office, (3). The failure of the implementation of Good Corporate Governance in banking in Gorontalo Province has led to the Bank's performance evaluation by banks is not optimal. (4). Banking performance that is not optimal can be seen from the very high LDR ratio of up to 200%. (5). This ratio is not very contributing to regional economic growth, especially Gorontalo Province. Keywords: Good Corporate Governance, Banking performance.

The implementation of good corporate governance (GCG) is needed by all business entities. This is very important because it involves transparency and accountability in a company. Deviations from the principles of good corporate governance will have an impact on the occurrence of information manipulation by the company. LPD is one of the village financial institutions engaged in the economy which in its activities always prioritizes the welfare of the local community. Based on this, this study will describe how the implementation of good corporate governance in LPDs located in the city of Denpasar.The population in this study is the LPD in the city of Denpasar, amounting to 35 LPD. To determine the number of samples used purposive sampling. The total LPD sampled was 35. The results of this study are expected to provide an overview related to the implementation of good corporate governance in the LPD in Denpasar. This is very important because good governance is expected to maintain the sustainability of LPD operations in the future.

Implementation of the principles of good corporate governance at the Banjar City Council Secretariat. Agencies are required to be more effective and efficient in their work, in order to be able to provide maximum service to the public. So we need a concept of good governance (Good Corporate Governance) for the sustainability of institutions in the long term. Based on this background, the formulation of the problem is how to implement the principles of good corporate governance at the DPRD secretariat of Banjar City. The research method used in this study is a research method using a qualitative approach. The research location is in the Banjar City DPRD Secretariat office. Data collection techniques used by researchers are interviews, observation, and documentation. The data analysis technique used is the data analysis technique from Miles and Huberman, namely data reduction, data presentation, and drawing conclusions. This study describes the implementation of the principles of good corporate governance at the DPRD secretariat of Banjar City. The implementation of Good Corporate Governance is based on five principles, namely: transparency, accountability, responsibility, independence, fairness and fairness. Keywords: Implementation; good corporate governance; Banjar City Government

This research is a quantitative study. The purpose of this study was to determine the relationship between the implementation of good corporate governance (GCG) and the financial risk of banking at Bank Nagari, starting from 2015-2019. In the principles of good corporate governance (GCG), there are principles of transparancy, accountability, responsibility, independence and fairness. This research is built on the belief that by implementing GCG in Bank Nagari, the Bank has a strong internal management and can automatically minimize financial risks that can harm Bank Nagari. The data collection methods used in this study were interviews and documentary studies conducted at the Compliance Work Unit and the Risk Management Division at Bank Nagari, Padang Head Office. The data obtained were analyzed using the Spearman Rank Correlation method. The results of this study indicate that there is a very strong relationship between the implementation of good corporate governance (GCG) and banking financial risk at Bank Nagari, where the implementation of good GCG principles is believed to strengthen the internal conditions of Bank Nagari effectively and efficiently as well as financial risk. minimized. In addition, the research results also show that the motivation of Bank Nagari in implementing GCG from 2015-2019 is getting better based on the results of self-assessments that are conducted annually.

Good Corporate Governance (GCG) is a company's effort to create a conducive relationship between stakeholders, so that it becomes more focused and clearer in the division of duties, responsibilities and supervision. Good Corporate Governance (GCG) has an impact on company performance. Company performance is the value generated by the company in a certain period with reference to certain standards. Good company performance is seen in the company's financial performance. Corporate Financial Performance is also called a determination that measures the good and bad of the company in work performance and can be seen from its financial condition in a certain period. The method used in this research is a balanced qualitative and quantitative mixed approach (Concurrent Triangulation), using a case study approach. The sampling technique used purposive sampling and the number of samples of this study were 36 PDAM employees and 50 people. The results showed that the implementation of the principles of Good Corporate Governance (GCG) at PDAM palopo city is very good, public perception of PDAM palopo city is good, Financial Performance at PDAM palopo city from 2010-2014 has decreased significantly in terms of profitability, and Good Corporate Governance (GCG) has a low positive relationship before the implementation of the principles of Good Corporate Governance (GCG). and after the implementation of Good Corporate Governance (GCG).

Public confidence in the institution of zakat management institutions is crucial. The emergence of a lack of confidence in the organizers of the charity one BAZNAS Regency Bandung can be seen from the decline in receipts achievement charity funds during the period from 2013 to 2014. Of these problems, need to be assessed in terms of the management of Good Corporate Governance in BAZNAS Bandung regency. Based on the background of the problem, then the problem formulation and research objectives are: 1) Principles of Good Corporate Governance, 2) management of zakat in BAZNAS Bandung regency, 3) Analysis of the implementation of good corporate governance in the management of zakat in BAZNAS Bandung regency. The method used in this research is descriptive analysis method, which is a method that seeks to collect data in accordance with the actual circumstances that occurred in the management BAZNAS Bandung regency. Data collection techniques are the study of documentation, interviews, questionnaires, observation, and literature study. In addition, presents and analyzes it to provide a clear picture of the object under study and then it can be deduced. In this case, it was examined the implementation of good corporate governance in the management of zakat in BAZNAS Bandung regency. The conclusions of this study indicate Principles of Good Corporate Governance in the context of zakat has been implemented. Then, the management of zakat made BAZNAS Bandung Regency has been good. Finally, the implementation of Good Corporate BAZNAS governance in Bandung Regency has been run well and has a positive impact on the management of zakat management in BAZNAS Bandung regency.