Application Of Good Corporate Governance Research Articles

Optimalisasi Penerapan Prinsip Transparansi Dalam Pengelolaan Perum Perhutani

Juridically, the implementation of transparency principles as part of Good Corporate Governance in Perum Perhutani has been initiated, though not yet fully optimized. Perum Perhutani has provided easy access to information and strives to maintain good relationships with stakeholders through various activities and media, in compliance with OJK Regulation No. 31/POJK.04/2015 on Disclosure of Material Information by Issuers or Public Companies. Transparency in material information builds public trust in a company's performance, necessitating specific regulations governing Annual Reports, as outlined in Chairman of the Capital Market Supervisory Board and Financial Institution Decision No. KEP-431/BL/2012 regarding Submission of Annual Reports by Issuers or Public Companies. Public access to information enables understanding and monitoring of management activities, fostering professional and ethical implementation of corporate vision and mission, considering all stakeholders. Ultimately, optimal application of Good Corporate Governance serves as a collective commitment to professional and ethical company conduct, minimizing conflicts of interest and legal issues, thereby enhancing product quality, company management, corporate value development, and reputation improvement in the long run.

The Effect of The Application of Good Corporate Governance (GCG) Principles on Job Satisfaction and Employee Performance

Applying the principles of good corporate governance in general is very important in all companies, especially in the banking world. Good corporate governance principles make all stakeholders feel fairness, transparency, independence, accountability, and accountability. This study aims to analyse the effect of applying good corporate governance principles on job satisfaction and employee performance, as well as the effect of job satisfaction on employee performance. Public trust in state-owned banks is higher than in private banks. The researcher chose BNI as the research object because BNI is the only state-owned bank that operates full branches globally and is very good at implementing good corporate governance, as evidenced by obtaining a very trusted predicate based on the Corporate Governance Perception Index (CGPI) score. Specifically, the object of research is permanent employees of BNI Regional Office 15 located in East Jatinegara, Jakarta. This study used a survey by distributing questionnaires to 125 respondents. The research method uses SEM PLS. The results showed that applying good corporate governance principles positively affected job satisfaction and employee performance, but job satisfaction did not influence employee performance. The contribution of this research is expected to provide managerial implications for redesigning positions, promotions, salaries, or rewards for permanent employees to provide job satisfaction to employees.

The Effect of The Application of Good Corporate Governance (GCG) Principles on Job Satisfaction and Employee Performance

The application of good corporate governance principles is vital in all companies, particularly in the banking sector. This study examines the impact of good corporate governance on job satisfaction and employee performance, as well as the relationship between job satisfaction and employee performance. Public trust in state-owned banks is higher than that of private banks, making BNI an interesting case study. BNI, as the only state-owned bank operating globally, is known for its good corporate governance practices, as evidenced by its high CGPI score. This study focuses on permanent employees of BNI's Regional Office 15 in East Jatinegara, Jakarta. A survey was conducted among 125 respondents using SEM PLS. The results show that good corporate governance principles positively affect job satisfaction and employee performance, but job satisfaction does not directly impact employee performance. This research contributes to managerial implications, suggesting that companies can redesign positions, promotions, salaries, or rewards to enhance job satisfaction among employees. The findings of this study are expected to provide insights for managers to improve employee satisfaction and performance by implementing good corporate governance practices.

Application of Good Corporate Governance (GCG) Principles in Cirebon Publications According to Islamic Economics

Recent developments show that it is not enough for management to ensure that the leadership management process is effective. In order for management to run well, a new tool is needed, namely Good Corporate Governance (GCG). This concept emphasizes two things, first, the importance of shareholders' rights to obtain accurate and timely information, and second, the company's obligation to publish all information regarding company performance accurately, timely and transparently. property and interested parties. The study aims to evaluate the extent to which the principles of good corporate governance (GCG) have been implemented in the Indonesian banking sector, both in conventional and Islamic banks. In this study, the type of research used is a type of qualitative descriptive research. The results of various national and international independent research institutions show that Indonesian business people do not understand the importance and strategic implementation of GCG principles. In addition, organizational culture also influences the implementation of GCG in Indonesia.

UPAYA MENINGKATKAN GOOD CORPORATE GOVERNANCE DENGAN PENETAPAN HOSPITAL BYLAWS/STATUTA DI AMAL USAHA KESEHATAN MUHAMMADIYAH/AISYIYAH JAWA TIMUR

This paper is a review of the literature and application of good corporate governance which is regulated through the Hospital Bylaws / Statute of hospitals in the Muhammadiyah charitable efforts, particularly in order to reduce conflicts of interest between the owners, founders, managers and implementers of the healthcare. Hospital By laws regulate care services authority, responsibility of three important organs, governing board, chief executive office (CEO) / director, the medical staff. The implementation based on the results of case studies in Amal Usaha Kesehatan Muhammadiyah / Aisyiyah East Java in centrally coaching by MKKM as the governing board of East Java region has been able to improve performance of Aumkes Muhamadiyah / Aisyiyah to be more advanced.

Analisis Penerapan Prinsip Good Corporate Governance (GCG) Dalam Meningkatkan Kinerja Karyawan Pada PT. Bank Sumut KCP Syariah Marelan Raya

This research aims to find out in depth the application of Good Corporate Governance (GCG) principles in improving the performance of PT employees. North Sumatra Bank. By analyzing the principles of implementing GCG, this research will identify the impact of implementing GCG on employee performance. This research uses a qualitative research method which is a research design that has a natural nature, in the sense that the researcher is not manipulating research but conducting a study of a phenomenon. It is hoped that the results of this research will provide in-depth insight into the application of Good Corporate Governance principles in improving the performance of PT employees. Bank Sumut KCP Syariah Marelan Raya.

The role of good corporate governance and transformative big data analysis in improving company financial performance

The financial performance of a company reflects its ability to run and manage its operations while strictly adhering to prudent financial administration principles. Good financial performance often mirrors the implementation of Good Corporate Governance (GCG) principles in a company. The application of GCG provides a solid foundation for a company to conduct its operations transparently, ethically, and accountability. The objective of this research is to analyze the implementation of GCG and the capabilities of big data analysis on financial performance, as well as to examine the mediating role of big data analysis in the relationship between GCG and financial performance. The research method employed is quantitative, and data were obtained through a survey questionnaire distributed using a Likert Scale of 1-5. Random sampling was employed to select 258 samples from manufacturing companies that are State-Owned Enterprises (SOE/BUMN) listed on the Indonesia Stock Exchange (ISE/BEI). Data collection took place from March 2023 to May 2023. Respondents included staff and managers from these BUMN companies. The collected data were analyzed using Structural Equation Modeling (SEM) with SmartPLS software. The research findings indicate that GCG has a positive and significant influence on big data analysis, providing a foundation for digital transformation. Furthermore, GCG also contributes positively and significantly to the financial performance of the company. Big data analysis has proven to have a positive impact on financial performance, indicating the role of technology in optimizing financial results. Another interesting finding is that big data analysis mediates the relationship between GCG and financial performance, highlighting the crucial role of technology in connecting good corporate governance practices with optimal financial outcomes.

ANALYSIS OF THE IMPLEMENTATION OF GOOD CORPORATE GOVERNANCE (GCG) PRINCIPLES AND TRIPLE BOTTOM LINE PRINCIPLES IN CORPORATE SOCIAL RESPONSIBILITY (CSR) PROGRAMS IN PT. XYZ

The company's business activities will become more efficient if the company can apply the principles of Good Corporate Governance (GCG) with full commitment, including in implementing Corporate Social Responsibility (CSR) programs. In addition to the GCG principles, the implementation of CSR programs also needs to pay attention to the Triple Bottom Line principles to have a valuable impact on the sustainability of the company. This research is descriptive-quantitative research that aims to analyze the implementation of CSR programs and analyze the application of GCG and Triple Bottom Line principles in the CSR program of PT XYZ. Data collection was conducted through interviews, questionnaires, and documentation. Respondents related to the distribution of questionnaires are the recipients of the Community Development Program Year 2022-2023. The data analysis used is descriptive analysis to get the index value. The results showed that GCG principles and Triple Bottom Line principles have been applied to the CSR program of PT XYZ. However, the implementation of GCG principles related to the principles of transparency and responsibility as well as the implementation of Triple Bottom Line principles related to people still have shortcomings.

Internalisasi Nilai-Nilai Good Amil Governance pada BAZNAS Kabupaten Jember

In this article, devotion focuses on two main aspects. First, an analysis of the implementation of Amil Good Governance (GAG) at BAZNAS Jember Regency. Second, the service also examined the model of internalization of GAG values ​​in the organizational structure of BAZNAS Jember Regency. The main objective of this service is firstly to provide effective support during the implementation of GAG at BAZNAS Jember Regency, and secondly, to facilitate the internalization of GAG values ​​through training programs creation and mentoring is held at BAZNAS Jember Regency and the associated zakat management unit. The mentoring approach used in this service is a community-based learning approach that focuses on providing education to the community through a variety of training and practical applications in practice. The results of this service include two main aspects. Firstly, on the implementation of GAG at BAZNAS Jember Regency, the department determined that this was successfully achieved through the application of Good Corporate Governance (GCG) principles, including transparency, accountability Accountability, responsibility, independence, fairness, and equality. Second, the Ministry noted that a sustainable training approach on transparency, periodic use of the SIMBA application, as well as support for the preparation of standard operating procedures (SOPs) for collection and distribution of zakat, have contributes significantly to improving the distribution of zakat. progress. Overall, the results of this service show that the internalization of GAG values ​​can be implemented systematically according to established principles. This process was made possible thanks to the close cooperation between BAZNAS Jember Regency, UIN Kiai Haji Achmad Siddiq Jember, as well as the active role of zakat volunteers in supporting this effort.

The Role of Corporate Governance and Financial Performance on the Value of ISSI Indexed Food and Beverage Companies in Indonesia

This study comprises food and beverage firm listed on the ISSI index for the year 2017 through 2021 and is driven by the impact of corporate governance and financial performance on company value on the Indonesia Stock Exchange (IDX). The purpose of this study was to investigate the relationship between financial success measured by ROA (return on Asset) and ROE (Return on Equity) and Managerial Ownership (MO), Institutional Ownership (IO), Independent Commissioners (IC), and Audit Commissioners (AC), all of which are factors in good corporate governance. The methode used is quantitative axplanatory using multiple linear regression analysis and sampling using purposive sampling with reference to the two theories applied to research which consist of planned signaling theory and agency relationship theroy. There is the application of Good Corporate Governance in the analysis of a company’s finances and there are important components in the form of Return of Asset (ROA), Return of Equity (ROE), Good Corporate Governance and Financial Performance, according to Managerial Ownership (MO), Institutional Ownership (IO), Independent Commissioners (IC), and the Audit Committee (AC), can enhance a company’s worth. Despite having a favorable impact and not being statistically significant, return on assets, managerial ownership, institutional ownership, and independent commissions all have positive effects.

Peran Dewan Pengawas Syariah Dalam Penerapan Good Corporate Governance Dalam Pencegahan Fraund Financing di Bank Syariah

The act of misrepresentation in a monetary establishment is something that can be a significant danger to the maintainability of an organization's business. As a result, it is critical that efforts to prevent fraud are made to lessen the impact on stakeholders and customers. One way to do this is by putting good corporate governance into place. This study aims to determine how the presence of a sharia-compliant supervisory board in an Islamic bank, one form of good corporate governance, reduces the financing of fraudulent activities. The method of conducting the literature review and the qualitative research approach were utilized, and secondary data were used as the type of data. The findings of this study indicate that an Islamic bank's maximum application of good corporate governance is thought to be capable of preventing the practice of fraud financing. This is especially true when the Islamic supervisory board is maximized in supervising the implemented operations that have met the sharia compliance aspect. The presence of a sharia supervisory board is not only a distinguishing feature between Islamic banks and conventional banks; it is also a representation of the implementation of GCG. If the existence of a sharia
 Keywords: Sharia Supervisory Board, Good Corporate Governance, Fraund Financing
 Ruko Botania in Batam Center is an area where the author's activities are carried out. It should be noted that MSMEs in Indonesia have a very important impact on the role of the economy, Mr.Ong's Bangka Pangsit Noodle MSME is a business engaged in the culinary food sector. This UMKM was opened in 2010 at Botania Garden. The concept of digital marketing originates from the internet and search engines on websites. Creating an Instagram account for the promotion of Mie Pangsit Ayam Bangka Mr.Ong in the form of a product photo that has been designed to include Instagram and a Whatsapp number, and a Facebook contact as well as a Google Maps link which will make it easier for consumers if they want to visit the place of business directly. the instastory feature is also used so that the account's followers can find out the latest info from Mie Pangsit Bangka Mr.Ong, namely @miepangsitbangka.mrong. The purpose of implementing digital marketing for Mr. Ong's Bangka Pangsit Noodle business is so that this business can be better known by the people of Batam. Apart from that, creating social media accounts is also free. Social media will make it easier to interact with customers.This is a new author's manual and a template for Jurnal Dirosah Islamiyah. Published every May and November since 2019. Articles must start with Article Title followed by Author Name and Affiliate Address and abstract. This part of the abstract must be typed in 150-250 word counts. Especially for the abstract, use the Cambria font, measuring 10 pt. Single space per line in this article. If the article is written in Indonesian, the abstract should be typed in English and Indonesian. Meanwhile, if the article is written in English, the abstract must be typed in English only. The abstract is typed as concisely as possible and consists of: research objectives, methods, results and discussion and brief conclusions. 250 words maximum. Abstract should only be typed in one paragraph and in one column format.
 Keywords: Digital Marketing, MSMEs, Social Med

Application of Good Corporate Governance (GCG) Principles Between State-owned Banking and Private Banking

Good Corporate Governance (GCG) in Indonesian banking on the level of soundness and competitiveness, to find out differences between the financial performance of Government-Owned Commercial Banks (BUMN), National Private Commercial Banks, Regional Development Banks and Foreign Banks with a risk profile approach, good corporate governance, earnings, and capital. The banking sector selected as the population used for this study is a bank registered in Indonesia. The research method used is the normative juridical method, the results of research on differences in the level of soundness between BUMN Banks, Private Banks, Loan to Deposit Ratio, Non Performing Loans, Good Corporate Governance, Return on Assets, Operating Expenses to Operating Income, and Capital Adequacy Ratio. The population of this study are state-owned banks, private banks in Indonesia which provide annual reports and corporate governance reports. Research results The implementation of good corporate governance has become a central issue in supporting economic recovery and growth

THE EFFECT OF INTERNAL AUDIT SYSTEM AND IMPLEMENTATION OF GOOD CORPORATE GOVERNANCE ON FRAUD

The purpose of this study was to determine the effect of the internal audit system and the application of good corporate governance on fraud at Indonesian Islamic banks (BSI). This study collected data and information by sending questionnaires to 97 people who work at Bank Syariah Indonesia (BSI) in Rantau Parapet, North Sumatra. The analysis technique uses multiple regression by testing the hypothesis t test and F test. The results show that the significance value of the internal audit system variable is 0.035 <0.05, which means that the internal audit system variable has a significant influence on fraud, the significance value of the good implementation variable corporate governance of 0.035 <0.05, which means that the variable implementation of good corporate governance has a significant influence on fraud (Fraud). Then simultaneous testing shows the result that the significant value of F is 0.000 <0.05 which means that simultaneously the internal audit system and good corporate governance have an effect on fraud. The conclusion is that both partially and simultaneously the internal audit system variables and good corporate governance have an effect on fraud.

Analysis of Good Corporate Governance (GCG) at Amil Zakat Institutions

This qualitative study examines the financial reporting practices and application of Good Corporate Governance (GCG) principles within an Amil Zakat institution located in Surabaya, Indonesia. Using a descriptive approach, the study analyzes data collected through various techniques, including data collection, grouping, focus, presentation, and conclusion drawing. The results reveal that the implementation of the four key principles of GCG within the institution is commendable, contributing to improved company performance. Moreover, the institution provides monthly financial reports and transparently distributes zakat through their official website. This study underscores the significance of financial reporting and GCG as essential components for organizational success and accountability, providing implications for both academic research and global Zakat-related institutions. 
 Highlights:
 
 Enhanced accountability: The study explores how financial reporting and the application of Good Corporate Governance (GCG) principles contribute to increased accountability within an Amil Zakat institution.
 Transparency and accessibility: The research highlights the institution's practice of providing monthly financial reports and making zakat distribution information accessible through their official website, promoting transparency in operations.
 Implications for organizational performance: The findings emphasize the positive impact of effective financial reporting and GCG implementation on overall company performance, underscoring the importance of these practices in achieving organizational goals.
 
 Keywords: Financial reporting, Good Corporate Governance (GCG), Amil Zakat Institution, Qualitative study.

Can the Reclassification of Other Comprehensive Income Narrow the Opportunities for Creative Accounting: Earnings Management and Income Smoothing?

So far, research in Indonesia examines that the factors that influence creative accounting are the application of Good Corporate Governance, leverage, company size, and political connections, while research on the effect of other comprehensive income (OCI) as a result of the application of fair value accounting has not been widely carried out. This study finds evidence that aggregate OCI accumulation does not affect earnings management and income smoothing. However, testing on group OCI items that will be reclassified to net income has a negative effect. Asset realization commitment increases the negative effect of OCI on earnings management and income smoothing. Creative accounting through OCI can be done through a policy of delaying the realization time and or reducing the real amount of assets realized to get the net profit value according to the interests of management and the subjectivity of deter­mining the fair value of assets and liabilities.

Analysis Of The Application Of Good Corporate Governance (GCG) And Corporate Social Responsibility (CSR) To The Company's Financial Performance

This study aims to determine the effect of Good Corporate Governance consisting of managerial ownership, institutional ownership, independent board of commissioners, audit committee and Corporate Social Responsibility on the financial performance of banking companies listed on the Indonesia Stock Exchange (IDX) for the 2016-2020 period. This research method uses a deductive-inductive method with a population of banking companies listed on the Indonesia Stock Exchange. The sampling technique used purposive sampling with secondary data used in the form of annual reports of banking companies which can be accessed through the website www.idx.co.id for the 2016-2020 period. The data analysis technique used is descriptive analysis, classical assumption test consisting of normality test, autocorrelation test, multicollinearity test and multiple regression analysis. The results of this study managerial ownership, institutional ownership, independent board of commissioners, audit committee and Corporate Social Responsibility partially (t-test) have no effect on the financial performance of banking companies (ROE). Based on the F test, GCG and CSR have a significance value of 0.022 < 0.05 which simultaneously affects the financial performance of banking companies.

Penerapan Good Corporate Governnace dalam Optimalisasi Tata Kelola Pelayanan Perum Damri Cabang Surabaya

The purpose of this study is to describe the application of good corporate governance in optimizing service governance in the perum damri branch of the City of Surabaya. This research method uses a descriptive type of qualitative research with data collection techniques carried out through observation techniques, interviews, documentation, and previous research. The results showed that the Perum damri Branch of Surabaya City has not fully applied the principles of good corporate governance as a whole from the 5 principles of achieving goals, there is still 1 principle that is well implemented, namely the principle of independency. Transparency has not been carried out due to the absence of operational information services, accountability has not been fully implemented, there is still no guarantee of employee competence and the company governance system has not run optimally, responsibility has not been fully relaxed due to the absence of social impact programs for the community in the company environment, fairness has not been fully implemented because the community complaint box facility is still not available and there are still many fleets for rejuvenation and fleets are carried out for people with disabilities.

Budaya Tri Hita Karana Memoderasi Good Corporate Governance Pada Kinerja Keuangan Lembaga Perkreditan Desa

This study aims to determine the effect of Good Corporate Governance (GCG) on Financial Performance and the ability of THK to moderate the effect of GCG on Financial Performance in LPDs in Tabanan Regency, Bali. The agency theory underlies the relationship between principals (krama desa) and agents (LPD managers) in the implementation of GCG in improving their financial performance. The sample used by all LPDs in Tabanan-Bali district from 2016-2019 was determined by the slovin formula. The respondents were the head of the LPD, supervisory agency, and treasurer. Multiple linear regression analysis technique with Moderated Regression Analysis (MRA) is used to determine the direct and moderating effect. The results of the analysis show that the better the application of GCG principles can improve the financial performance of the LPD in Tabanan-Bali district. The application of GCG in an LPD which is strengthened by the application of the THK culture which is used as the basis for its business activities can improve the financial performance of the LPD in Tabanan-Bali district.
 Keywords: Tri Hita Karana; Good Corporate Governance; Financial Performance; LPD.

Analyzing Good Corporate Governance and Corporate Social Responsibility of Church of Batak Karo Protestant Using Financial and Ethnographic Approaches

This study was conducted with the assumption that good corporate governance and corporate social responsibility in organizations will help organizations achieve long-term sustainability. Previously, good corporate governance and corporate social responsibility were primarily applied to corporations with the goal of remaining profitable, whereas non-profit organizations must remain financially viable in order to serve their members and communities. The focus of this study is on the church as a religious institution that also serves as a non-profit corporation. Data was gathered using a quantitative and qualitative mixed method approach. The quantitative data analysis method employs Ritchie and Kolodinsky's Financial Performance Ratios, which include Fiscal Performance, Public Support, and Investment Performance Ratios, as well as an interpretative paradigm with ethnographic methods for qualitative research. The study's findings demonstrate that financial performance, as evaluated by Ritchie and Kolodinsky financial ratios, has been erratic, with a propensity to decline in 2017 due to a change in church management. The interviews revealed that the Church of Batak Karo Protestant practices good corporate governance and corporate social responsibility, which have a favourable impact on financial performance. To gain public trust, the Church of Batak Karo Protestant must continually enhance its Good Corporate Governance and Corporate Social Responsibility. This study also found that the Karo tribe's culture has a significant impact on the Church of Batak Karo Protestant's application of Good Corporate Governance and Corporate Social Responsibility. The policy recommendations in this study for the Church of Batak Karo Protestant are to establish a standardized and integrated management system that incorporates Good Corporate Governance and Corporate Social Responsibility, as well as the assimilation of Karo culture, based on the findings.

RESPONSIBILITY OF THE BOARD OF DIRECTORS FOR VIOLATIONS OF GOOD CORPORATE GOVERNANCE PRINCIPLES IN COMPANY MANAGEMENT

The provisions of the Limited Liability Company Law have not yet set specific regulations governing the application of Good Corporate Governance (GCG) principles. The law requires companies to adhere to general corporate standards without detailing the specific forms, procedures, responsibilities, or sanctions associated with GCG. This lack of detailed regulation can lead to legal uncertainty. This paper employs a normative legal research method to explore how management responsibilities may arise in the event of GCG violations in the management of a limited liability company (PT). Such responsibilities may include both civil and criminal liabilities.