Implementation Of Governance Research Articles

Implementation of Good Corporate Governance Principles in BUMN Companies (Case Study at Perum Jasa Tirta I Region Brantas 3 Mojokerto)

This study aims to determine the implementation of Good Corporate Governance in BUMN companies (Case study at Perum Jasa Tirta I Region Brantas 3 Mojokerto). The research method used in this study is a qualitative method through a case study approach. Data collection methods used are interviews (Supervisor), observation, questionnaires (30 employees). The results of the study indicate that the Implementation of Good Corporate Governance Principles has been applied by Perum Jasa Tirta I Region Brantas 3 Mojokerto very well. Good Corporate Governance consisting of transparency, accountability, responsibility, independence, and fairness.

Routine Quality-of-Life Measurement in Residential Aged Care: Staff, Resident, and Family Perspectives.

There is interest in routinely measuring quality of life (QoL) in aged care homes, evidenced by the Australian Government's implementation of QoL as a mandatory quality indicator. This study explores views of aged care staff, residents, and family members on the benefits, challenges, and feasibility of implementing routine QoL measures. Qualitative data were gathered to explore staff, resident, and family perspectives on QoL measurement in aged care homes, including purpose, benefits, implementation, and best practice. Two staff workshops were conducted at different aged care homes, and semi-structured interviews were held with 29 proxies (9 family members and 20 staff) and 24 residents. Workshops and interviews were transcribed verbatim, and thematically analysed via a qualitative interpretive approach using NVivo software. Analysis yielded four key themes: (1) benefits of routine QoL measurement; (2) challenges in implementation; (3) best practice for collecting surveys; (4) validity concerns. Identified benefits included potentially improved care, monitoring service performance, and informing family members. Staff participants recommended integrating measures into existing care planning and having oversight from a registered nurse. Participants identified potential implementation challenges, including administrative burden, time and resourcing constraints, conflicts of interest, and resistance from staff, providers, and residents. This study identifies potential benefits to implementing routine QoL measurement in residential aged care homes. To maximise these benefits, it is important to consider how measurement can be integrated in ways that contribute to existing care planning and practices.

Implementation of Environmental Management Accounting and Good Corporate Governance on Value Chain and its Implications on Financial Performance

Implementation of Environmental Management Accounting and Good Corporate Governance on Value Chain and its Implications on Financial Performance

FAKTOR-FAKTOR YANG MEMPENGARUHI KUALITAS LAPORAN KEUANGAN PEMERINTAH DAERAH: KOMPETENSI SDM, STANDAR AKUNTANSI PEMERINTAHAN, DAN SISTEM AKUNTANSI KEUANGAN DAERAH

This research aims to examine the factors that influence the quality of regional government financial reports: human resources competency, government accounting standards, and regional financial accounting systems (empirical study of the Lamongan Regency Government and Bojonegoro Regency Government). This research was conducted in Lamongan and Bojonegoro involving 40 employees of BPKAD Lamongan and BPPKAD Bojonegoro as respondents. This quantitative research uses multiple linear regression. This technique is processed with SPSS 25 to analyze several hypotheses. The intercorrelation model between the three variables in this research reveals that human resource competency, implementation of government accounting standards and implementation of regional financial accounting systems have a significant correlation with the quality of regional government financial reports.

Lessons from AI in finance: Governance and compliance in practice

This article examines the evolution and implementation of AI governance frameworks in financial institutions, focusing on the critical aspects of regulatory compliance and risk management. The article investigates how financial institutions have transformed their operations through AI adoption, particularly in areas such as fraud detection, customer data privacy, and regulatory compliance. By analyzing current governance practices, success factors, and implementation challenges, the article demonstrates the significant impact of AI on operational efficiency, risk management, and customer service delivery. The article highlights the importance of early compliance integration, transparent documentation, and continuous monitoring in successful AI governance frameworks, while also addressing future considerations including enhanced regulatory scrutiny, evolving privacy regulations, and the growing emphasis on ethical AI implementation.

The Importance of Cybersecurity in Digital Government Implementations

Introduction: The increasing reliance on digital platforms in governmental operations has significantly enhanced public service delivery but has simultaneously introduced critical cybersecurity challenges. Cyber threats targeting government systems pose risks to sensitive citizen data, operational continuity, and public trust. This paper examines the intersection of cybersecurity and digital government initiatives, emphasizing their importance in safeguarding public interests. Objective: The objective of the study is to highlight the necessity of integrating robust cybersecurity measures into digital government frameworks to address emerging threats, maintain service reliability, and foster public confidence. Method: The research employs a qualitative analysis of case studies from European nations, such as Estonia, Finland, and the Netherlands, renowned for their advanced cybersecurity and e-governance strategies. The methodology involves examining governance policies, public-private partnerships, and technological innovations. Results: The findings reveal that successful digital governments integrate adaptive cybersecurity strategies, collaborative governance frameworks, and advanced technologies like artificial intelligence and blockchain. These approaches mitigate risks, enhance data protection, and promote citizen trust. Conclusions: The study concludes that cybersecurity is foundational to the success of digital government initiatives. It emphasizes the need for continuous investment, international collaboration, and public awareness to create secure and resilient digital ecosystems, ensuring effective governance in the digital age.

Environmental, Social & Governance (ESG) Implementation Strategy in Mining Companies with Design Thinking Method

The mining industry plays an important role in economic development, but its operations often have adverse environmental and social impacts and many companies are only concerned with profit. So it is important to apply ESG (Environmental, Social, Governance) principles to companies to create a sustainable business. This thesis examines the application of ESG in PT. X as a mining company. This research is qualitative research and uses descriptive analysis with the design thinking method. Observations and interviews were conducted at PT. X and using an informant from the management of PT. X. This research also aims to find effective strategies in the implementation of ESG in strengthening business sustainability in PT. X by using indicators from the ESG Reporting Guide that uses the Global Reporting Standard (GRI) in the mining sector. Based on the results of the analysis, it was found that the implementation of ESG in PT. X has achieved a percentage of 95% of the GRI Coal standard. There is one indicator that has not been implemented, namely the water and effluent indicators on the environmental aspect. Alternative strategies developed with design thinking methods are in the form of making rainwater catchment ponds, remote control waterfill, and automatic sprayer.

The Call to Shift from the Narrow Legalistic to the Broader Moral and Legal Stakeholder Model in Indonesian State-Owned Enterprises: Its Implications and Challenges

This article aims to elaborate on the narrow legalistic stakeholder model and the need to apply a new revised moral and legal stakeholder model in Indonesian state-owned enterprises (SOEs) with its implications and challenges. Studies on the narrow legalistic stakeholder model in Indonesian SOEs are still uncommon, despite the rising awareness of the model. This study expects to initiate discourse on the ideal stakeholder model in the industry. This study combined doctrinal and empirical legal research methods. The SOE laws and the Minister of SOEs’ regulations were examined aside from the investigation of empirical data on the accusation of SOEs breaching their obligations to their legitimate stakeholders as indicated in court decisions and mass media publications. This study shows that the Minister of SOEs’ Regulation on Implementing Corporate Governance Implementation has promoted a narrow legalistic approach to the stakeholder model. As a result, only those who have a written contract with SOEs can be considered as the legitimate direct stakeholders. This approach has led to the expropriation of other indirect legitimate stakeholders of the SOEs. This study can be used to revise the narrow legalistic stakeholder model and to strengthen research on the stakeholder model in SOEs and corporate governance.

Sustainable School Management Strategy and Government and Community Involvement in Shaping Student Character

This study aims to evaluate the implementation of government and community involvement in shaping technology-based student character, as well as formulating sustainable school management strategies through SWOT analysis. Using qualitative and quantitative approaches, data were collected through in-depth interviews, surveys, and documentation from Adiwiyata schools in Probolinggo City. The results of the study indicate that government involvement in providing policies, funding, and technology infrastructure has a significant impact on supporting the formation of environmentally conscious student character. In addition, community involvement through community-based activities and collaboration with schools strengthens the implementation of environmental programs. SWOT analysis identifies strengths, weaknesses, opportunities, and threats that influence the implementation of technology-based policies, resulting in innovative and adaptive school management strategies. This study offers a strategic model for the sustainability of technology-based environmental education that can be adopted by other schools.

Evaluating the Impact of Green Governance on Sustainability Performance in Nigeria's Energy Sector: A Stakeholder Perspective

This paper considers the concept of green governance as a reactionary effort or response to the environmental consequences arising from the exploitative human interaction with the elements of nature. The present industrial revolution has increased the level of production, heightened companies' profit margins, and resulted in environmental hazards. Additionally, the chain of manufacturing to consumption has resulted in environmental degradation, ozone depletion, and the destruction of traditional livelihoods for most global economies. Through empirical evidence from relevant literature, this study finds that Nigeria’s energy sector accounts for 90% of the total export volume and is the major contributor to environmental degradation; hence, the implementation of green governance and sustainability performance should be championed by the energy firms. To this end, the stakeholder theory is used to analyze a model of synergy between stakeholders to implement green governance. Nonetheless, green governance practices among these energy firms are very low compared to other developed countries such as the United Kingdom, Russia, China, and Germany. This paper concludes by providing viable future research discourses that would add to the body of knowledge on green governance practices in Nigeria.

Enhancing Organizational Performance Through Ethical Leadership and the Implementation of GCG

This study aims to analyze the effect of ethical leadership and implementation of good corporate governance (GCG) on improving the performance of State-Owned Enterprises (BUMN) from a financial and non-financial perspective, with a case study at PT Adhi Karya (Persero) Tbk. This study uses primary data through questionnaires distributed to company employees, with data processing using the SPSS statistical method. The results of the study indicate that ethical leadership does not have a significant effect on BUMN performance, while GCG implementation has a positive and significant effect on that performance. These findings highlight that the application of the principles of transparency, accountability, and sustainability in corporate governance plays a key role in improving operational efficiency and achieving the company's strategic goals. The managerial implications of this study include the need to strengthen GCG implementation at all levels of the organization to improve company performance. Managers must ensure that GCG policies and practices are implemented consistently and properly supervised to minimize risk and increase investor confidence. In addition, although ethical leadership does not show a direct effect, companies still need to promote ethical behavior to create a positive organizational culture that supports long-term business sustainability

COMPARISON OF TIMOR-LESTE’S GOOD CORPORATE GOVERNANCE LAW WITH INDONESIA’S ANTI-MONOPOLY LAW TO ENHANCE CORPORATE COMPETITIVENESS

The implementation of Good Corporate Governance (GCG) principles in Timor Leste and the implementation of antitrust policies in Indonesia have a significant impact on the competitiveness of companies in both countries. This paper aims to provide a deeper understanding of the comparison between the GCG principles applied in the two countries, both in terms of their implementation challenges and impacts on business competitiveness. The qualitative approach was chosen to understand the phenomenon in depth, identifying the dynamics in the legal and policy contexts in each country. Using the comparative analysis method, the author explores the similarities and differences between the two legal frameworks, as well as analyzes the social and economic impact of these policies on the competition of companies. It is expected that this research can contribute to the development of better economic policies both in the countries and provide insights for other developing countries in optimizing corporate governance and business competition to achieve inclusive and sustainable economic development.

Analisis Efektivitas Penyaluran Dana Zakat Infak Shadaqah dan Implementasi Good Corporate Governance pada Lembaga Amil Zakat Dompet Dhuafa Waspada Medan

This study focuses on the effectiveness and capacity of Zakat, Infak, and Shadaqah (ZIS) fund distribution by Dompet Dhuafa Waspada and the implementation of Good Corporate Governance (GCG) principles. The researcher used a qualitative descriptive method. The data sources for this study were primary and secondary data, as well as literature studies. Data were collected through interviews, observations, and documentation. The analysis technique used data reduction, data display, and conclusion drawing methods. The effectiveness of ZIS fund distribution was measured using the Allocation to Collection Ratio (ACR) ratio based on the Zakat Core Principle (ZCP). The results show that Dompet Dhuafa Waspada has a very effective performance, with an average ACR reaching 90% in the last five years. In 2019, the ACR value was recorded at 87% in the effective category, in 2020, the ACR dropped to 71% in the effective category, then the ACR recovered to 74% in the effective category in 2021. At its peak, in 2022 and 2023, the ACR jumped to 106%. This shows a very good capacity in the management and distribution of ZIS funds that are right on target. The implementation of Good Corporate Governance is carried out through the principles of accountability, transparency, responsibility, independence, and equality, all of which increase public trust and the credibility of the institution. This study is expected to encourage more people to channel social funds through Dompet Dhuafa Waspada.

The Impact of Corporate Governance on Firm Performance: A Review

Aims: The purpose of this paper is to analyze the results of recent empirical research on the impact of corporate governance on firm performance and reflect on potential research design issues that lead to inconsistent results. Study design: Literature Review. Place and Duration of Study: Archival Literature from Emerald Journal’s Data. Methodology: This study aims to explore the impact of financing decisions on firm value in Indonesia, focusing on the implementation of Good Corporate Governance (GCG). This study synthesizes existing studies by collecting data from scientific literature sourced from online databases such as Google Scholar, Mendeley, and others. The literature review includes articles published in the last decade (2020-2024). Results: Empirical evidence shows that financing decisions positively and significantly affect firm value. Optimal financing choices can increase firm value sustainably. In addition, the implementation of GCG principles is essential in overseeing management practices, ensuring transparent, responsible, and shareholder-friendly financing decisions. Conclusion: This study provides in-depth insights into the relationship between financing decisions, firm value, and the importance of GCG practices in the Indonesian business environment.

Peran Good Governance dalam Meningkatkan Kualitas Pelayanan Publik: Perspektif Teoretis

This study aims to explore the role of good governance in improving the quality of public services. The quality of public services is highly dependent on the implementation of good governance principles, which include transparency, accountability, public participation, and effectiveness. In this research, the approach used is a qualitative method with a literature study to analyze existing literature regarding the implementation of good governance in public services. The results show that transparency and accountability have a very significant role in improving the quality of public services. Transparency allows the public to monitor and ensure that public policies and resources are managed properly. Accountability encourages the government to be responsible for its decisions and policies, thereby increasing public trust in the government. However, the implementation of good governance also faces a number of challenges such as complex bureaucracy, corruption, and limited human resource capacity. These challenges hinder the effectiveness of public services, even though the principles of good governance have been applied.

Governance of the Hajj Financial Management Agency (BPKH) Based on Sharia Governance Principles

This study aims to analyze the implementation of governance of the Hajj Financial Management Agency (BPKH) according to the Sharia Governance Guidelines from KNKG, including understanding sharia principles in managing hajj funds, identifying obstacles in its implementation, and how to overcome these obstacles. The study uses a qualitative descriptive method that evaluates BPKH governance based on the principles of sharia governance within the Indonesian legal framework. The research approach includes socio-economic analysis with primary data from related Laws and Government Regulations, as well as secondary data from sources such as BPKH annual reports, journals, Islamic books, and credible articles. Researchers found that overall, the implementation of BPKH governance based on sharia entity governance in Indonesia has been very good, with an implementation rate of 89%. Although principles 1 and 2 still need improvement to achieve perfection, BPKH has shown strong commitment and significant achievements in various aspects of governance.

Board Characteristics and Financial Statement Fraud: Evidence from Indonesian Public Companies

The ineffectiveness of the corporate governance structure as a monitoring mechanism is identified as one of the causes of financial statement fraud. This implies that the implementation of good corporate governance can mitigate financial statement fraud. In the governance structure, the board plays an important role in supervising the company's activities. Effective oversight helps the company to conduct its business properly and prevent the perpetration of fraud. The aim of this study is to identify weather board characteristics can mitigate financial statement fraud in public companies in Indonesia. This study investigates financial statement fraud with the financial shenanigans’ ratios: Days' Sales Outstanding Growth (DSOG), Cash Flow from Operating Divided by Net Income (CFFONI) and Accounts Receivable Divided by Sales (ARSAL), while board characteristics is measured by board size, board independence, and frequency of board meetings. This study was analyzed using multiple linear regression methods to test three hypotheses and three measures of financial statement fraud. The data processed and analyzed are derived from the annual reports of public companies in the non-financial sector industry listed on the Indonesia Stock Exchange (IDX) with a total sample size of 733. The study findings suggest that board characteristics play an important role in conducting effective oversight to reduce the likelihood of financial statement fraud.

Pengaruh Good Corporate Governance dan Environmental, Social, Governance Terhadap Nilai Perusahaan (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di BEI Periode Tahun 2020-2023)

This study aims to empirically test the effect of Good Corporate Governance (GCG), which is proxied by the audit committee and managerial ownership, and Environmental, Social, and Governance (ESG), which is proxied by environmental, social, and governance performance, on company value represented by Price to Book Value (PBV). The data for this study were obtained from the financial statements of 324 companies listed on the Indonesia Stock Exchange (IDX) during the period 2020-2023. Data analysis was carried out using descriptive statistical methods, classical assumption tests, and normality tests with the help of SPSS software. The results of the study indicate that the ESG variable as a whole does not have a significant effect on company value. In contrast, the GCG variable was found to have a significant effect on company value. This finding indicates that the implementation of good governance through the existence of an audit committee and effective managerial ownership can increase company value. However, environmental, social, and governance performance as measured in the ESG framework has not shown a significant role in influencing company value. This research contributes to the development of literature on the relationship between GCG, ESG, and corporate value, and serves as a reference for corporate management and investors in making strategic decisions based on good governance.

Public Service Complaints Through Electronic Communication Media in The Era Of Digital Democracy in South Sumatera Province: Political and Public Policy Analysis

The development of communication and information technology currently has a major impact on the pattern of public complaints about public services which in the era of digital democracy are inseparable from the dynamics of regional government. The presence of regulations regarding public services through Law Number 25 of 2009 and various derivative regulations in the implementation of regional government is an important part of moving towards a more democratic life. This study aims to discuss the policy of the South Sumatera Provincial Government in handling public service complaints through electronic communication media in the era of digital democracy from a political and public policy perspective. The study uses a combination of normative legal methods and secondary data analysis. The study concludes that politically, handling public complaints about regional government services is a positive thing. In the context of digital democracy and the quality of public services, the response of the regional government to public complaints is a measure of good governance. The issuance of Regional Regulation Number 3 of 2013, Governor Regulation Number 26 of 2016, and Governor Regulation Number 9 of 2022 are concrete manifestations of public policy. As a product of the political process, this is substantively related to public services and public complaints in the digital era. The existence of an electronic complaint channel regarding public services opens up space for increasing public awareness of their rights. Political life will be more democratic when communication between the government and the people runs functionally. There are several regional policy substances that need to be improved.

Public Service Complaints Through Electronic Communication Media in The Era Of Digital Democracy in South Sumatera Province: Political and Public Policy Analysis

The development of communication and information technology currently has a major impact on the pattern of public complaints about public services which in the era of digital democracy are inseparable from the dynamics of regional government. The presence of regulations regarding public services through Law Number 25 of 2009 and various derivative regulations in the implementation of regional government is an important part of moving towards a more democratic life. This study aims to discuss the policy of the South Sumatera Provincial Government in handling public service complaints through electronic communication media in the era of digital democracy from a political and public policy perspective. The study uses a combination of normative legal methods and secondary data analysis. The study concludes that politically, handling public complaints about regional government services is a positive thing. In the context of digital democracy and the quality of public services, the response of the regional government to public complaints is a measure of good governance. The issuance of Regional Regulation Number 3 of 2013, Governor Regulation Number 26 of 2016, and Governor Regulation Number 9 of 2022 are concrete manifestations of public policy. As a product of the political process, this is substantively related to public services and public complaints in the digital era. The existence of an electronic complaint channel regarding public services opens up space for increasing public awareness of their rights. Political life will be more democratic when communication between the government and the people runs functionally. There are several regional policy substances that need to be improved.