Analysis of the Implementation of Good Corporate Governance at PT Nusantara Infrastructure Tbk

Mediaty ,Nurleni ,Muhammad Muflih Ramlan

doi:10.22610/imbr.v8i2.1268

Abstract

This paper aims to determine the implementation of the principles of good corporate governance at PT Nusantara Infrastructure Tbk. The principle of good corporate governance included transparency, accountability, responsibility, fairness, and independency. Data collection method in this research is questionnaires and collecting archives and documents. Data were analyzed using descriptive analysis method by using instrument quantitative research test (validity and reliability). The results in this study show that, in general, the principles of good corporate governance have been applied properly in order to protect the interests of companies and shareholders. The analysis of responses shows that the principle of responsibility, fairness, and independency has been applied properly, but still to be improved in several factors. The principle of transparency and accountability has been implemented very well.

Highlights

Good Corporate Governance (GCG) is one key to success for growing and profitable company in the long term as well as winning the global business competition, especially for companies that have been able to grow and go public
The businesses in Indonesia agreed that the implementation of good corporate governance as a system of corporate governance that is good is an important thing, this is evidenced by the signing of Letter of Intent (LOI) with the IMF in 1998, one of the rules is inclusion of schedule improvement of corporate governance in Indonesia (Sulistyanto, 2003)
The following table shows the results of reliability test on any good corporate governance principles are used

Summary

Introduction

Good Corporate Governance (GCG) is one key to success for growing and profitable company in the long term as well as winning the global business competition, especially for companies that have been able to grow and go public. There are two things that are emphasized in this concept; the importance of the right of shareholders to obtain information correctly and in a timely manner They are convinced of the profitability of the investment with a reasonable and high value. The businesses in Indonesia agreed that the implementation of good corporate governance as a system of corporate governance that is good is an important thing, this is evidenced by the signing of Letter of Intent (LOI) with the IMF in 1998, one of the rules is inclusion of schedule improvement of corporate governance in Indonesia (Sulistyanto, 2003) It is behind the birth of the National Committee on Corporate Governance (KNKCG) in 1999

Objectives

Methods

Results

Conclusion