GOOD CORPORATE GOVERNANCE

Good corporate governance in banking is a bank governance that apply the principles of transparency, accountability, responsibility, independency, and fairness. This article aimed to study The Implementation of Good Corporate Governance in Indonesian Banks. Good corporate governance is important because it can increase corporate profits and shareholders in the long term. But in Indonesian banking, implementation of good corporate governance is weak, because law enforcement is not fully applicable to Indonesian banking. key words: good corporate governance, transparency, accountability, responsibility, independency, and fairness PENDAHULUAN Perkembangan perbankan yang semakin pesat saat ini menimbulkan persaingan bank semakin ketat. Persaingan ini mengakibatkan pasar perbankan semakin dinamis sehingga menuntut bank-bank untuk berusaha lebih efektif dan efisien. Kelangsungan hidup suatu perusahaan atau bank sangat dipengaruhi oleh corporate governance atau tata kelola perusahaan tersebut. Good corporate governance menurut Tim Badan Pengawas Keuangan dan Pembangunan (BPKP) merupakan sistem pengendalian dan pengaturan perusahaan yang dapat dilihat dari mekanisme hubungan antara berbagai pihak yang mengurus perusahaan (hard definition), maupun ditinjau dari nilai-nilai yang terkandung dari mekanisme pengelolaan itu sendiri. Berdasarkan Peraturan Bank Indonesia Nomor 8/12/PBI/2006 tentang Perubahan atas Peraturan Bank Indonesia Nomor 8/4/PBI/2006 tentang Pelaksanaan Good

SHARING ILMU

The main objective of the company is to enhance shareholder value. The company's value is basically measured by various aspects one of which is the market price of the company's stock. One method that is done by the company to increase the value of the company is to conduct earnings management through real activities, such as the manipulation of operating cash flow, production costs and discretionary costs. Earnings management can decrease the value of the company. That requires the factors that can reduce the incidence of earnings management. According to the agency theory, one way to minimize the incidence of earnings management is good corporate governance (GCG). Good corporate governance is a system that regulates and controls the company that is expected to provide and enhance the company's

This study examines more precisely the effects of three exogenous constructs external corporate governance, internal corporate governance and the type of ownership on bank performance. Type of ownership explained the agency problem in the form of corporate governance by grouping on three ownership characteristics: (a) dispersed ownership (b) closely held ownership and (c) the state-owned bank. Besides having direct effect to the bank performance, its type of ownership moderating the effects of the other two exogenous constructs to the bank performance. This study builds a dataset on bank ownership and bank performance covering approximately 76 banks in Indonesia consists of 9 foreign private bank, 13 joint venture bank, 4 state-owned banks, 17 private listed banks and 33 private unlisted banks over the 1999-2004 period. Generally, empirical research on the effect of corporate governance and type of ownership to the bank performance can be explained by agency theory even banking industry faces more complex dimension of principal agency problems that cannot be found in non-financial banking industry. It is found that degree of agency problem in dispersed ownership as represented by state-owned bank is higher compared with concentrated ownership. We also find that, as in developing countries, foreign banks plays a useful role in terms of good external corporate governance mechanism followed by private listed bank, private unlisted bank and state-owned bank although we do not find any effect on internal corporate governance mechanism except internal corporate governance-owner for Private-unlisted Bank

ETIKA BISNIS, 2019

Etika bisnis merupakan cara untuk melakukan kegiatan bisnis, yang mencakup seluruh aspek yang berkaitan dengan individu, perusahaan dan juga masyarakat. Etika Bisnis dalam suatu perusahaan dapat membentuk nilai, norma dan perilaku karyawan serta pimpinan dalam membangun hubungan yang adil dan sehat dengan pelanggan/mitra kerja, pemegang saham, masyarakat. Perusahaan meyakini prinsip bisnis yang baik adalah bisnis yang beretika, yakni bisnis dengan kinerja unggul dan berkesinambungan yang dijalankan dengan mentaati kaidah-kaidah etika sejalan dengan hukum dan peraturan yang berlaku.

PERSONAL, 2020

GCG principles of transparency, accountability, responsibility, independence and fairness required under on achieving sustainability (sustainability) Companies with regard stakeholders (stakeholders). As with the implementation of good corporate governance, disclosure of Good Corporate Governance Islamic Banks is referring to Bank Indonesia Regulation Number 11/33 / PBI / 2009, which is still used today by Islamic Banks in accordance Reports and Assessment GCG Implementation. the implementation of good corporate governance in the future should be run more effectively and thus has a score / rating GCG high. In addition, the implementation of good corporate governance and disclosure must conform in accordance with the principles of Good Corporate Governance itself, namely transparency, accountability, responsibility, independence and fairness. Abstrak: Prinsip-prinsip GCG tentang transparansi, akuntabilitas, tanggung jawab, kemandirian dan keadilan diperlukan dalam mencapai keberlanjutan (sustainability) Perusahaan dengan memperhatikan pemangku kepentingan (stakeholder). Seperti halnya penerapan tata kelola perusahaan yang baik, pengungkapan Tata Kelola Perusahaan yang Baik Bank Islam mengacu pada Peraturan Bank Indonesia No. 11/33 / PBI / 2009, yang masih digunakan hingga saat ini oleh Bank Islam sesuai dengan Laporan dan Penilaian Implementasi GCG. penerapan tata kelola perusahaan yang baik di masa depan harus berjalan lebih efektif sehingga memiliki skor / peringkat GCG yang tinggi. Selain itu, penerapan tata kelola perusahaan yang baik dan pengungkapan harus sesuai dengan prinsip-prinsip Tata Kelola Perusahaan yang Baik itu sendiri, yaitu transparansi, akuntabilitas, tanggung jawab, kemandirian dan keadilan.

Cgc, 2010

Penelitian ini bertujuan untuk menganalisis pengaruh Good Corporate Governnace (GCG), ukuran perusahaan (firm size) dan jenis industri terhadap kinerja perusahaan. Populasi pada penelitian ini adalah perusahaan go public yang mendapat peringkat corporate governance perception index (CGPI) tahun 2009-2017. GCG diproksikan dengan CGPI dan kinerja perusahan diproksikan dengan Tobin' Q. Sampel penelitian sebanyak 31 perusahaan dengan 101 observasi. Data dianalisis dengan menggunakan regresi linear berganda. Hasil penelitian menunjukkan bahwa ukuran perusahaan dan jenis perusahaan berpengaruh terhadap kinerja perusahaan. Variabel CGPI berpengaruh positif terhadap kinerja perusahaan. Hal ini mengindikasikan bahwa semakin tinggi CGPI semakin tinggi kinerja perusahaan.

Competition of the business world today's is very tight so its realy need to implementation the good corporate governance. Implementation of the good corporate governance can improve the performance of the company. High performance of enterprise will have an impact on the value of the company. The study of aims to identify and explain the influence of good corporate governance to corporate value, identify and explain the effect of the performance of the company to the value of the company and identify and explain the influence of good corporate governance and company performance against the value of the company. This type of research is explanatory research with quantitative approach. Based on the analysis of the partial result obtained in the form of good corporate governance has no effect on the value of the company, the company's performance effect the value of the company. The result from the Simultaneous analysis of the obtained results that good corporate governance and company performance effect on the value of the company. ABSTRAK Persaingan dunia bisnis saat ini sangat ketat sehingga perlu adanya tata kelola perusahaan yang baik atau Good corporate governance. Penerapan good corporate governance dapat meningkatkan kinerja perusahaan. Kinerja perusahaan yang tinggi akan berdampak pada nilai perusahaan. Penelitian ini bertujuan untuk mengetahui dan menjelaskan pengaruh good corporate governance terhadap nilai perusahaan, mengetahui dan menjelaskan pengaruh kinerja perusahaan terhadap nilai perusahaan serta mengetahui dan menjelaskan pengaruh good corporate governance dan kinerja perusahaan terhadap nilai perusahaan. Jenis penelitian yang digunakan ialah penelitian penjelasan dengan pendekatan kuantitatif. Berdasarkan analisis secara parsial diperoleh hasil berupa good corporate governance tidak berpengaruh terhadap nilai perusahaan, kinerja perusahaan berpengaruh terhadap nilai perusahaan. Hasil dari analisis simultan diperoleh hasil bahwa good corporate governance dan kinerja perusahhan berpengaruh terhadap nilai perusahaan. Kata Kunci : good corporate governance, kinerja perusahaan, nilai perusahaan