Application Of Good Corporate Governance Research Articles

Pengaruh good corporate governance terhadap kinerja keuangan perusahaan perbankan periode 2017-2020

Good Corporate Governance is the foundation that can make business conditions healthier to grow competence in the business sector and eliminate bribery and corruption cases. The objective-based of this research is to determine the effect of Good Corporate Governance (GCG) on the financial performance of banking companies. The population of this study was 12 companies for four periods, a sample of 44 observational data and data obtained from the IDX official website. The analytical method used is panel data regression. The results of this study indicate that institutional ownership, the board of directors, and the audit board have no significant effect on ROA. Meanwhile, institutional ownership has a significant effect on ROE. The board of directors and the audit committee do not significantly affect ROE. The application of Good Corporate Governance (GCG) in companies to generate profits using ROA and ROE profitability measures does not always affect the company's capacity to generate profits.

Comparison Of Good Corporate Governance(GCG) Implementation Practices In Islamic Commercial Banks In Indonesia

Sharia Banking in Indonesia has a Sharia Supervisory Board that can monitor the operation of Sharia banks so that they are different from other banks. It is hoped that with this monitoring system the operation of corporate governance will be better. This study aims to explain the differences in the application of Good Corporate Governance (GCG) between Islamic banking in Indonesia. Sharia Bank is a bank whose application is different from conventional banks. Where one of the differences is the existence of a Sharia Supervisory Board which ensures bank activities are based on sharia. Then conducted a study of Islamic banks during 2014 to 2018. This research method uses descriptive analysis based on data that has been reported by each Islamic banking. The results of the survey showed that BCA Syariah and BSM received the highest rating among other sharia banks. This explanation shows that the implementation of corporate governance has been "very good" and has been in accordance with the stipulated provisions. BNIS, BRIS, Bukopin Syariah Bank, Mega Syariah Bank, Panin Syariah Bank, Victoria Syariah Bank, and Maybank Syariah, each ranked 2 (two). This means that the implementation of corporate governance goes "well". Interestingly, the Muamalat bank which has been the oldest BUS in Indonesia is ranked 3 (three). This means that the application of corporate governance is "good enough". Some notes on Muamalat's bank that must be corrected.

PERAN KINERJA KEUANGAN SEBAGAI VARIABEL INTERVENING FAKTOR-FAKTOR YANG MEMPENGARUHI NILAI PERUSAHAAN PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2015-2019

This research aims to analyze the role of financial performance as variable intervening factors that affect the value of companies in banking companies listed on the Indonesia Stock Exchange 2015-2019. The population in this study amounted to 34 companies using saturated sampling methods, so the sample in this study amounted to 34 samples. While the amount of data observed amounted to 170 analysis data (34 Companies X 5 Years). The data testing methods used are multiple linear regression analysis and path analysis. The results of the hypothesis study showed that partially, intellectual capital variables had positive significant effect on the value of the company, the quality of the application of good corporate governance had negative unsignificant effect on the value of the company, the capital structure had unsignificant effect on the value of the company. Financial performance is able to act as an intervening variable between intellectual capital variables and capital structure to the value of the company. Financial performance was unable to mediate the quality variables of the application of corporate governance to the value of the company in banking companies listed on the Indonesia Stock Exchange 2015-2019.

PENINGKATAN DAYA SAING INDUSTRI KREATIF BERBASIS TEKNOLOGI INFORMASI DAN GOOD CORPORATE GOVERNANCE

The purpose of this study is to examine the enhancement of the competitiveness of creative industries based on information technology and good corporate governance in Central Java. In this research, it is expected to find the right selection of information technology and the application of good corporate governance in an effort to improve the competitiveness of the creative industries in the handicraft sub-sector in Central Java. The sampling technique using purposive sampling method and get 112 respondents as samples that meet all the criteria. The analytical tool used to test the hypotheses in this study uses the Structural Equation Model. The results of this study indicate that it is necessary to utilize the development of information technology and the application of good corporate governance in an effort to increase the company's market competitiveness which will impact on improving company performance. In addition, transparency and accountability are also needed to build stakeholder's trust

Penerapan Prinsip Good Corporate Governance Pada Koperasi Simpan Pinjam Di Kabupaten Cirebon

The application of good corporate governance encourages the management of savings and loan cooperatives (KSP) to carry out their business activities by paying attention to the principles of cooperatives and the principles of prudence so that they become cooperatives that are transparent, accountable, and responsive. This study uses a social, legal approach while the data is obtained through field research and literature. Furthermore, the data were analyzed qualitatively. The problems are formulated: (1) how is the application of the principles of Good Corporate Governance (GCG) in savings and loan cooperatives in Cirebon ?; (2) what must be done so that the GCG principles can be fully implemented by KSP in Cirebon Regency? The results of the study concluded: 1) The application of the principles of Good Corporate Governance (GCG) in the Savings and Loans Cooperative (KSP) in Cirebon Regency is a necessity that must be carried out and enforced in Cirebon Regency. 2) Cooperatives in Cirebon have not fully implemented the principles of cooperatives, have more to do with the principles of GCG. 3) GCG principles must be part of cooperatives, especially in Cirebon Regency and generally for cooperatives in Indonesia. The following suggestions should be issued: 1) Regulations that regulate the obligation to apply cooperative principles and Good Corporate Governance should be published in the KSP so that the establishment of the KSP does not end with the closure of the KSP, which in the end is detrimental to its members. 2) KSP should be obliged to become a member of the Deposit Insurance Corporation so that if there is a KSP closure, it will not be detrimental to members who have deposited at the closed KSP. KSP members will trust KSP; 3) Guidance and supervision of cooperatives should be increased and intensified. Establish a National Accreditation Agency for Indonesian Cooperatives to spur improvement in managing cooperatives in Indonesia.

Pengaruh Gcg Terhadap Corporate Value Serta Stock Return Dan Fiper Sebagai Moderasi

The purpose of this study was to analyze the application of good corporate governance to corporate value with stock return and financial performance as a moderating variable. The sample in this study amounted to 177 companies from 93 companies listed on the Indonesia Stock Exchange for the 2017-2019 period, using purposive sampling techniques and processed using the E-Views 9. Program. The results showed that good corporate governance was positive and significant to the company's value. Hypothesis testing results indicate that stock returns are not able to moderate the effect of good corporate governance on firm value, while financial performance is able to moderate the effect of good corporate governance on firm value.

Application of Good Corporate Governance (GCG) in State-Owned Enterprises

The implementation of GCG is important for companies to carry out careful phasing based on an analysis of the situation and condition of the company, and the level of readiness, so that GCG implementation can run smoothly and get support from all elements within the company. As a step to improve performance, efficiency and professionalism, then emerged a principle that is believed to encourage an increase in the performance of the company, this principle is the principle of Good Corporate Governance (GCG). GCG is defined as a system that regulates and controls a company to create value added for all stakeholders, including in its application to State-Owned Enterprises (SOEs). The obstacles that often prevent SOEs from functioning economically are the government itself and the poor quality of human resources and a corporate culture that tends to be KKN. To avoid greater losses, it is necessary to change the management of SOEs. In terms of legal material, legal structure and legal culture as well as problems arising from its implementation by presenting a new SOEs law using the principles of GCG. This study employs normative legal research using qualitative juridical analysis methods. The role of State-Owned Enterprises in the national economy in realizing people's welfare is not optimal. SOEs plays a role in producing the goods and or services needed in order to realize the greatest prosperity of the community.

Pengungkapan Laporan Keuangan Sebagai Variabel Mediasi Pengaruh Kualitas Corporate Governance Terhadap Asimetri Informasi

The application of good corporate governance is a fundamental need for companies and other institutions to succeed in the long term, good governance will force companies to conduct sufficient financial statement disclosures so as to reduce information asymmetry for users of financial statements. This study aims to examine whether quality of corporate governance influences information asymmetry through disclosure of financial statements. The object of this study is a non-financial category compannies that has obtained a score related to the implementation of corporate governance by IICG which was published in SWA magazine as the Most Trusted Conpany from 2012 to 2018. The sample selection process uses purposive sampling. The results of sample selection were obtained by 52 companies The data analysis technique in this study uses path analysis. The test of the direct effect of quality of corporate governance on information asymmetry shows that corporate governance quality has a positive effect on information asymmetry, while the test results of the indirect effect of corporate governance quality on information asymmetry through financial statement disclosure show that disclosure of financial statements is not a mediating variable on the effect of corporate governance quality on information asymmetry, this is caused because almost all sample companies make disclosures of financial statements in a relatively the same amount but the CG score results change in each year.

Increasing the competitiveness of creative industries based on information technology and good corporate governance in central Java

The purpose of this study is to examine the enhancement of the competitiveness of creative industries based on information technology and good corporate governance in Central Java. In this research, it is expected to find the right selection of information technology and the application of good corporate governance to improve the competitiveness of the creative industries in the handicraft sub-sector in Central Java. The sampling technique is based on a purposive sampling method and get 112 respondents as samples that meet all the criteria. The analytical tool used to test the hypotheses in this study uses the Structural Equation Model. The results of this study indicate that it is necessary to utilize the development of information technology and the application of good corporate governance to increase the company's market competitiveness which will impact on improving company performance. In addition, transparency and accountability are also needed to build stakeholder's trust.

PENGARUH PENERAPAN GOOD CORPORATE GOVERNANCE TERHADAP PROFITABILITAS PADA BANK UMUM SYARIAH PERIODE 2014-2018

The application of Good Corporate Governance (GCG) is the way to control a corporate professionally and transparently to reach goals agreed by both shareholders and stakeholders. So, it is expected Islamic banks can perform with a good quality and consistently implementing GCG mechanism along with increasing profits. Therefore, this research focused on appraising profitability increasing with Return on Asset (ROA) and Return on Equity (ROE) as indicator, together with appraising GCG with self assessment reports based on 11 criteria of composite rate valuation. This research used quantitative method from GCG reports and annual report of Islamic Banks from 2014-2018 period, as secondary data. The result was GCG as independent variable positively and significantly effecting ROA and ROE.

Peranan Good Corporate Governance dalam Perbankan Syariah

In recent years Islamic financial institution industry is developing so rapidly, as weel as Islamic banking in Indonesia which is developing significantly. The development of Islamic banking must be accompanied by good governance sothat sharia is not only tag line for the Islamic financial institutions. SOP of Islamic banking must be carried out correctly based on sharia principles. Therefore, Bank Indonesia issued Bank Indonesia Regulation No. 11/33 / PBI 2009 concerning the implementation of Good Corporate Governance (GCG) for Sharia Commercial Banks and Sharia Business Units. The five principles are: Transparency, Accountability, Responsibility, Professional and Fairness or equity. Good Corporate Governance (GCG) is a banking management system designed to improve compliance with laws and regulations of applicable moral ethics. According to Chapra the application of Good Corporate Governance is a requirement for Islamic banks to develop well and healthily. The implementation of Good Corporate Governance (GCG) in Islamic banking is expected to create a healthy, conducive, transparent and efficient business.

Analisis Penerapan Good Corporate Governance pada Sistem Pelaporan Keuangan BAZNAS Kabupaten Kebumen

The implementation of Good Corporate Governance (GCG) in the financial reporting system is an effort to encourage transparent and accountable zakat management. This study aimed to determine the financial reporting system and the application of GCG in the financial reporting system of BAZNAS Kebumen Regency. The research method in this research is qualitative with a descriptive analysis approach. The informants consisted of three informants from BAZNAS Kebumen Regency. The data used are primary data obtained through direct interviews with informants and secondary data obtained from internal institution data, financial reports and several literature studies. The results show that the financial reporting system in BAZNAS Kebumen Regency is good enough at implementing GCG in the financial reporting system with principles consisting of transparency, accountability, responsibility, independence and justice. The implementation of GCG in the financial reporting system makes BAZNAS Kebumen Regency have a transparent and accountable reporting system to increase the community's trust or muzakki to pay zakat to BAZNAS.

The Effect of Funding Policy, Investment Policy, and Dividend Policy on the Firm Value through Good Corporate Governance as an Intervening Variable

The company’s main objective is maximizing the firm value which means it increases shareholder prosperity. This can be achieved by combining funding policy, investment policy, and dividend policy optimally. The application of good corporate governance (GCG) is used to direct and control the company to be able to run the company’s operations following stakeholder’s expectations. This study aims to determine the influence of funding policies, investment policies, and dividend policies on firm value by using GCG as a mediating variable.This study uses a quantitative approach. In this study, the population is all companies listed in the banking sub-sector on the Indonesia Stock Exchange in 2013-2017, with a total of 43 companies. The samples are taken by purposive sampling technique with 12 companies. The method of data analysis used in this study was descriptive analysis and path analysis using Partial Least Square (SmartPLS3).The result of the study shows that the investment policy has a positive effect on firm value. The funding policy and dividend policy do not affect firm value. While investment policy has a positive effect on GCG. Furthermore, the funding policy and dividend policy do not affect GCG. GCG successfully mediates the relationship of investment policy with the firm value. That is, the higher profitability will affect the GCG so that it will affect the firm value. However, GCG as an intervening variable does not succeed in mediating the relationship of funding policy and dividend policy with the firm value.

Analysis How to Practice The Good Corporate Governance Principles of The Health Personnel In Puskesmas Cikulur, Lebak Banten Province

The application of Good Corporate Governance is believed to provide a strategic contribution in improving the performance of health personnel. The principles of GCG include transparency, accountability, responsibility, independence and fairness which are used in this study. This study aimed to analyze the relation between principles of GCG and the performance of health personnel at the Cikulur Primary Health Care. This study used a cross sectional design with 81 research samples consisting of health personnel. Based on the results of the study, principles of transparency, accountability, and independence in GCG significantly related to the performance of health personnel. While other variables such as the principle of accountability and independence are not related. In this research, suggested that in improving performance, all parties in the need to realize the importance of applying the principles of GCG, especially the principles of transparency, accountability and independence.
 Keywords: Performance, Good Corporate Governance, Health Personnel

GOOD CORPORATE GOVERNANCE DAN TAX AVOIDANCE PADA PERUSAHAAN MULTINASIONAL DALAM MODERASI PENINGKATAN TAX AUDIT COVERAGE RATIO

Post 1998 economic crisis era, Good corporate governance (GCG) or "Tata Kelola Perusahaan yang Baik" emerged as a guideline for companies in Indonesia. This guideline promotes responsible business practices regarding three aspetcs: economic, social, and legal (including tax liability). This research seeks to the effect of applying GCG to tax avoidance on multinational companies, and analyzes how the increase of tax audit coverage ratio as a variable that moderates this relationship. The author analyses how the strenghtening tax policy during the period of 2014-2017 affects the relationship of the application of GCG on multinational companies to tax avoidance. This is a quantitative research by applying descriptive statistical analysis and regression analysis. This research aims to provide an overview to policy makers in understanding the effect of increasing tax audit coverage ratio to taxpayers’ behaviour in implementing GCG associated with tax avoidance.

Intellectual Capital Disclosure, Good Corporate Governance and Firm Performance: Asean Cross Country Analysis

This study aims to examine the impact of intellectual capital information disclosure and the application of Good Corporate Governance to the performance of companies in ASEAN countries. This study used a sample of 102 firm-year from 6 ASEAN countries 5 ASEAN countries namely Indonesia, Malaysia, Phlipina, Singapore and Thailand. The test result proves that intellectual capital disclosure in ASEAN able to improve company performance. In addition, this study also proves that the implementation of GCG has a positive impact on the performance of the company's operations in ASEAN. This research also proves that leverage variable has no impact to company performance. Meanwhile, company size has a positive impact on company performance.

IMPLEMENTATION OF GOOD CORPORATE GOVERNANCE AT PT AXA MANDIRI FINANCIAL SERVICES

Good Corporate Governance (GCG) is a system that organizes and controls a company so that it can form added value for all stakeholders. This study aims to determine the application of GCG at PT AXA Mandiri Financial Services (AMFS) which is a joint venture Conventional Life Insurance company between PT Bank Mandiri (Persero) Tbk and National Mutual International Pty. Limited (AXA). The research method used is descriptive qualitative. The results of this study indicate that PT AMFS has implemented GCG in an integrated manner in all business processes. This is evidenced by the transformation in 10 line areas, namely digital services, distribution, health and protection, human resources and culture, information technology systems, data, efficiency, customer experience, and offers (documents and products). PT AMFS also applies the Three Lines of Defense principle to an internal control system that is integrated with risk management. The main line of defense is the directors and all employees of PT AMFS. Second, risk management, compliance and law. Third, internal and external audit.

Relationship between the effectiveness of Good Corporate Governance (GCG) policies with the occurrence of corruption cases in the State-Owned Enterprises environment

In the economic system, the role of State-Owned Enterprises is as an implementer of public services, distribution of resources that control the lives of many people, as pioneers/pioneers in the business sector that are not yet desirable by the private sector and as a source of state revenue. This role can be realized if the State-Owned Enterprise in its objectives can implement the principles of Good Corporate Governance (GCG) well. But in reality, it is often difficult to face challenges faced by State-Owned Enterprises managers in implementing good governance. The intervention of State-Owned Enterprises business management with a political-bureaucratic approach that is no different from other government agencies. And at worst there are still a series of corruption cases carried out by the leadership of State-Owned Enterprises to seek personal gain. This is certainly a contradiction with State-Owned Enterprise's governance which is always published. Existing GCG implementation policies are deemed ineffective because they are not adhered to. This illustrates that business governance in ` State-Owned Enterprises itself has not been going well. Improvement in the application of good corporate governance (GCG) must be carried out immediately and the improvement of the GCG ecosystem of the State-Owned Enterprise itself must receive the attention of the government. Synergy is needed with the government's commitment to forcing State-Owned Enterprises to implement GCG in a transparent and accountable manner, with a high level of professionalism and effectiveness.
 Keywords: Good Corporate Governance State-Owned Enterprises Government Implementation

Relationship between the effectiveness of Good Corporate Governance (GCG) policies with the occurrence of corruption cases in the State-Owned Enterprises environment

In the economic system, the role of State-Owned Enterprises is as an implementer of public services, distribution of resources that control the lives of many people, as pioneers/pioneers in the business sector that are not yet desirable by the private sector and as a source of state revenue. This role can be realized if the State-Owned Enterprise in its objectives can implement the principles of Good Corporate Governance (GCG) well. But in reality, it is often difficult to face challenges faced by State-Owned Enterprises managers in implementing good governance. The intervention of State-Owned Enterprises business management with a political-bureaucratic approach that is no different from other government agencies. And at worst there are still a series of corruption cases carried out by the leadership of State-Owned Enterprises to seek personal gain. This is certainly a contradiction with State-Owned Enterprise's governance which is always published. Existing GCG implementation policies are deemed ineffective because they are not adhered to. This illustrates that business governance in ` State-Owned Enterprises itself has not been going well. Improvement in the application of good corporate governance (GCG) must be carried out immediately and the improvement of the GCG ecosystem of the State-Owned Enterprise itself must receive the attention of the government. Synergy is needed with the government's commitment to forcing State-Owned Enterprises to implement GCG in a transparent and accountable manner, with a high level of professionalism and effectiveness.
 Keywords: Good Corporate Governance State-Owned Enterprises Government Implementation

Internal Control, Manager’s Competency, Management Accounting Information Systems and Good Corporate Governance: Evidence from Rural Banks in Indonesia

This research was inspired by the rules of the Financial Services Authority (FSA) in Indonesia regarding the necessity for good corporate governance for rural banks (RB). So far, good corporate governance regulations have only been binding on commercial banks, but with the development and expansion of services and increased business volume of rural banks, the risk of rural banks has also increased, so this has encouraged the need for good corporate governance in rural banks. To achieve the application of good corporate governance, the quality of a management accounting information system (MAIS) is needed which is supported by the effectiveness of internal controls and manager’s competency. The method used is the explanatory survey method. The sample technique uses random sampling from the target population of the study—as many as 54 rural banks in the North Sumatra Province of Indonesia with a total sample of 45 rural banks. Respondents who are targeted are parties related to management accounting information systems, namely the board of directors or operational managers. Data obtained directly through research questionnaires were processed using Statistical Product and Service Solutions (SPSS) applications. This study found that the competencies of managers affect the quality of MAIS in rural banks, while the effectiveness of internal controls has no effect. This study also found that manager’s competency and the effectiveness of internal controls had an effect on the application of the principles of good corporate governance in rural banks if mediated by the quality of MAIS.