Picking up Pieces of Good Corporate Governance to Sustain National Railways of Zimbabwe

2021 ◽  
pp. 097468622110070
Author(s):  
Daniel Chigudu
Keyword(s):  
Corporate Governance ◽  
Service Delivery ◽  
Critical Review ◽  
Economic Importance ◽  
Descriptive Research ◽  
Good Corporate Governance ◽  
Management Controls ◽  
Media Reports ◽  
Audit Reports ◽  
Future Management

Zimbabwe’s state-owned enterprises (SOEs) have a significant role to play in providing service delivery for basics like electricity, health, water, transport and communication. With such socio-economic importance, it is imperative that any SOE should be, transparent, accountable, effective, efficient, profitable and sustainable. However, incompetent performance has stalked most of the country’s SOEs and the National Railways of Zimbabwe (NRZ) has not been an exception. It has been caught up with successive failures and forced to rely heavily on grants from government for its sustainability. This study sought to identify the challenges in the NRZ and suggest measures to solve them and sustain the entity. A descriptive research design was employed based on a critical review and analysis of extant literature. The information and data used in this study were obtained mainly from the audit reports, research and media reports on this enterprise. Issues of governance, accountability and transparency are examined. Polices in place for good corporate governance and monitoring meant to provide guidance, and sustainability are critiqued. In light of the challenges and gaps identified in running the NRZ, recommendations to revamp the system operations are given. A field for further research is suggested which could direct future management controls.

Analisis Kinerja Keuangan Bank Aceh Setelah Konversi Periode 2016-2018 Berdasarkan Peraturan Otoritas Jasa Keuangan Nomor 8/POJK.03/2014

2019 ◽  
Vol 4 (1) ◽  
pp. 43
Author(s):  
Hanifa Assofia
Keyword(s):  
Corporate Governance ◽  
Financial Performance ◽  
Islamic Law ◽  
Financial Statements ◽  
Risk Profile ◽  
Bank Capital ◽  
Collection Method ◽  
Descriptive Research ◽  
Good Corporate Governance ◽  
Quantitative Descriptive

<p>This research aims to find out how Bank Aceh's financial performance after conversion in terms of earnings and capital. The type of research used is quantitative descriptive research. The data collection method used is the documentation method based on the data in the form of quarterly financial statements for the 2016-2018 period published. The method of data analysis in this study is by using the RGEC method (Risk Profile, Good Corporate Governance, Earning and Capital). The results of the study show that Bank Aceh's financial performance in terms of profitability ranks 2, with the definition that profitability is adequate, profit exceeds the target and supports the growth of bank capital. Bank Aceh's decision to convert to sharia as a whole was a very appropriate decision because it was able to show good performance, besides that it also supported the Aceh Government in carrying out its programs to enforce Islamic law. Bank Aceh's financial performance in terms of capital also ranks 2, with the definition that banks have adequate capital quality and adequacy relative to their risk profile, which is accompanied by strong capital management in accordance with the characteristics, scale of business and the complexity of the bank's business.</p>

scholarly journals Penerapan Prinsip-Prinsip Good Corporate Governance dalam Pengelolaan Wakaf Tunai pada Badan Wakaf Uang Tunai MUI Yogyakarta

2020 ◽  
Vol 4 (1) ◽  
pp. 123
Author(s):  
Ananto Triwibowo
Keyword(s):  
Corporate Governance ◽  
Swot Analysis ◽  
Public Institution ◽  
Basic Principles ◽  
Study Approach ◽  
Descriptive Research ◽  
Good Corporate Governance ◽  
Qualitative Descriptive ◽  
The Impact

As a public institution that has a mandate to manage the waqf cash fund, the waqf agency is required to be capable of managing the cash waqf fund and implementing the principles of Good Corporate Governance (GCG) as a form of responsibility to public The impact of the implementation of GCG itself, in addition to improve the level of public trust, will increase the amount of fund accepted by the waqf agency. This research aims to describe the management of cash waqf and to analyze the implementation of Good Corporate Governance (GCG) principles respectively done and in BWU/T MUI DIY in the management of cash waqf. This is a qualitative-descriptive research using a case study approach aimed to describe the reality of the cash waqf management and the implementation of GCG principles in BWU/T MUI DIY. The results were then analyzed or measured using the theories relevant with the issues concerned. In addition, this research used SWOT analysis to observe the strengths, weaknesses, opportunities and challenges in managing the cash waqf faced by the BWU/T MUI DIY. Based on the results of the research, it can be found that in the management of the cash waqf done by BWUT MUI DIY overall has been implemented in accordance with the existing laws, either from legislation, regulation of religion minister, and regulation issued by BWI. Meanwhile for the implementation of GCG principles in the management of cash waqf done by BWUT MUI DIY recently has not been done maximally. Of five basic principles of GCG including transparency, accountability, responsibility, independence and fairness, in fact there are only two principles conducted entirely that is the principle of independence and fairness. On the other hand, the principles of transparency, accountability, and responsibility have not been applied entirely.

scholarly journals On the way to “good” corporate governance? A critical review of the German debate

2005 ◽  
Vol 3 (1) ◽  
pp. 9-16 ◽  
Author(s):  
Thomas Steger ◽  
Ronald Hartz
Keyword(s):  
Corporate Governance ◽  
Critical Review ◽  
Good Corporate Governance ◽  
Key Issues ◽  
Near Future ◽  
The Way

Corporate governance was widely debated in recent years, in Germany as elsewhere. The question what “good” corporate governance constitutes and how it should be achieved stands in the centre of all those discussions. This paper critically draws on the German case. It tries to identify the key issues as well as recent changes in the character of this debate. It is argued that the reform spirit in Germany stands at the edge and needs some considerable refreshment in the near future

scholarly journals Analisis Kinerja Keuangan Bank Aceh Setelah Konversi Periode 2016-2018 Berdasarkan Peraturan Otoritas Jasa Keuangan Nomor 8/POJK.03/2014

2021 ◽  
Vol 4 (1) ◽  
pp. 43
Author(s):  
Hanifa Assofia
Keyword(s):  
Corporate Governance ◽  
Financial Performance ◽  
Islamic Law ◽  
Financial Statements ◽  
Risk Profile ◽  
Bank Capital ◽  
Collection Method ◽  
Descriptive Research ◽  
Good Corporate Governance ◽  
Quantitative Descriptive

<p>This research aims to find out how Bank Aceh's financial performance after conversion in terms of earnings and capital. The type of research used is quantitative descriptive research. The data collection method used is the documentation method based on the data in the form of quarterly financial statements for the 2016-2018 period published. The method of data analysis in this study is by using the RGEC method (Risk Profile, Good Corporate Governance, Earning and Capital). The results of the study show that Bank Aceh's financial performance in terms of profitability ranks 2, with the definition that profitability is adequate, profit exceeds the target and supports the growth of bank capital. Bank Aceh's decision to convert to sharia as a whole was a very appropriate decision because it was able to show good performance, besides that it also supported the Aceh Government in carrying out its programs to enforce Islamic law. Bank Aceh's financial performance in terms of capital also ranks 2, with the definition that banks have adequate capital quality and adequacy relative to their risk profile, which is accompanied by strong capital management in accordance with the characteristics, scale of business and the complexity of the bank's business.</p>

scholarly journals Benefits of good corporate governance principles: A study of the city of Tshwane, South Africa

2015 ◽  
Vol 13 (1) ◽  
pp. 961-978 ◽  
Author(s):  
Solomon Khale ◽  
Zeleke Worku
Keyword(s):  
South Africa ◽  
Corporate Governance ◽  
Annual Reports ◽  
Municipal Services ◽  
Good Corporate Governance ◽  
Validated Questionnaire ◽  
Treat All ◽  
Audit Reports ◽  
The City

Annual reports issued by the City of Tshwane (2015) for the financial years 2010 to 2014 show that the City of Tshwane has received qualified audit reports from the South African Auditor General (2015). The two key causes of underperformance were lack of adherence to norms and standards that are applicable to municipal service delivery and lack of adherence to the fundamental principles of good corporate governance (King, 2009). A study was conducted in the City of Tshwane, South Africa in order to assess and evaluate the degree of adherence to good corporate governance principles stipulated by Mervin King (King, 2009) in the form of the King III report. Data was collected from a stratified random sample of size 1, 012 residents of the City of Tshwane. Stratification was done by geographical zone. Data was collected from respondents by using a structured, pre-tested and validated questionnaire of study consisting of 22 indicators of service quality. The study found that 84.37% of respondents who took part in the study were satisfied with the overall quality of municipal services that were provided to them by the City of Tshwane. Only 15.63% of respondents were not satisfied with the overall quality of services provided to them. The study showed that most of the respondents had a positive perception on the quality of routine municipal services such as water and lights and waste removal by employees of the City of Tshwane. The study showed that the degree of satisfaction of residents, ratepayers and stakeholders with the quality of municipal services that were provided to them was significantly influenced by the degree of motivation of employees of the City of Tshwane at work, the ability of employees of the City of Tshwane to treat all customers with respect, the ability of employees of the City of Tshwane to provide adequate answers promptly to queries raised by customers, and the degree to which employees of the City of Tshwane were skilled on technical issues, in a decreasing order of strength.

scholarly journals PENJABARAN GOOD CORPORATE GOVERNANCE (GCG) DALAM PENGADAAN BARANG DAN JASA PADA PLN BALI

2015 ◽  
Vol 4 (2) ◽  
Author(s):  
Luh Putu Dwi Suarini
Keyword(s):  
Corporate Governance ◽  
Daily Life ◽  
Legal Research ◽  
Is Implementation ◽  
Goods And Services ◽  
Descriptive Research ◽  
Good Corporate Governance ◽  
Practical Reality ◽  
Corporate Governace ◽  
Empirical Means

Research in connection with the theme is “ Implementation of Good Corporate Governance (GCG) in Procurement at PLN Bali”. The problems are researched the translation of good corporate governace forms in the procurement of goods and services at PLN Bali and the form of the procurement of goods and services at PLN Bali. This research includes the category of empirical legal research, legal research is a empirical means reviewing the practical reality in daily life - today. The nature of the research is descriptive research that has a goal to paint a picture of something in the area and at a certain moment. Furthermore, the technique used is to study documents, interviews, Non-Probability Sampling, purposive sampling. Procurement of goods or services in PLN involves many parties, the employees who were appointed to take care of such procurement and future providers of goods and services. In this relationship unfair business competition or the price is too high or low in supply. However, the existence of e-procurement and the correct procedures in the procurement of goods and services as well as the concept of GCG which also animates the principles of procurement of goods and services. Procedures in the procurement of goods and services as well as the principles of GCG, the procurement in PLN can be carried out transparently, responsibly, independently, fairly and equitably.

scholarly journals Analisis Tingkat Kesehatan Bank Dengan Menggunakan Metode Rgec Pada PT. Bank Tabungan Negara, Tbk. Periode 2015-2017

2019 ◽  
Vol 8 (1) ◽  
pp. 7
Author(s):  
Fina Priskila Kawengian ◽  
Frendy A. O. Pelleng ◽  
Wilfried S. Manoppo
Keyword(s):  
Corporate Governance ◽  
Secondary Data ◽  
Risk Profile ◽  
Financial Statement ◽  
Descriptive Research ◽  
Good Corporate Governance ◽  
A Value ◽  
Data Source ◽  
Composite Rating ◽  
Quantitative Descriptive

This study aimed to analyze the health of a bank, at PT. Bank Tabungan Negara, Tbk. by using the Rgec method. The Rgec method consists of several components, namely Risk Profile, Good Corporate Governance, Earnings, Capital. of these components also have indicators. which will later rank a bank which is ranked in what category, based on calculations through the company's financial statement data. This research uses quantitative descriptive research. The data source used is secondary data with documentation data collection techniques. Based on the results of data analysis, it was concluded that during the 2015-2017 period, (1) Bank BTN risk profile was in a healthy condition with NPL of 1,60%, 1,40% and 1,30% respectively, and LDR of 109,54%, 103,63%, and 104,19%. (2) GCG for the period 2015-2017 is 2 with healthy criteria. (3) Earnings in the 2015-2017 period are in a healthy condition with ROA of 1,47%, 1,55%, and 1,47%, NIM of 3,96%, 3,81%, and 3,57% , BOPO was 78,67%, 77,96% and 77,12%. (4) Capital is in a very healthy condition with a CAR value of 16,96%, 20,33% and 18,86%. (5) Rgec as a whole is in Composite Rating 1 which is very healthy with a value of 85,71%.

scholarly journals Penilaian Kesehatan Bank Perkreditan Rakyat Syariah (BPRS) ABC

2021 ◽  
Vol 23 (1) ◽  
pp. 17-26
Author(s):  
Arfan Anugrah Asyhari ◽  
Rangga Putra Ananto ◽  
Eka Rosalina
Keyword(s):  
Corporate Governance ◽  
Credit Risk ◽  
Financial Services ◽  
Liquidity Risk ◽  
Risk Profile ◽  
Qualitative Approach ◽  
Bank Risk ◽  
Descriptive Research ◽  
Good Corporate Governance ◽  
Bank Soundness

This study aims to determine the Bank Soundness Level with the object of Islamic Rural Banks registered with the Financial Services Authority in 2015-2019. The type of the research that used in this research is descriptive research with a qualitative approach. Assessment using the Risk-Based Bank Rating (RBBR) method consists of four factors, namely the Risk Profile, Good Corporate Governance, Earnings and Capital of each bank. The Risk Profile consists of credit risk and liquidity risk. Credit risk is measured using NPF and liquidity risk is measured using FDR. Earnings factor is measured by ROA and NIM ratio, Capital factor is calculated by CAR ratio. The results showed that the results obtained the predicate of being unhealthy and even quite healthy on the NPF, FDR, ROA, and NIM ratios, while the CAR ratios for the last 3 years received the predicate Very Healthy appropriate to Bank Indonesia regulations, which exceeded 12%  ABSTRAK  Penelitian ini bertujuan untuk mengetahui Tingkat Kesehatan Bank dengan objek Bank Perkreditan Rakyat Syariah yang terdaftar di Otoritas Jasa Keuangan pada tahun 2015-2019. Jenis penelitian yang digunakan dalam penelitian ini adalah penelitian desktiptif dengan pendekatan kualitatif. Penilaian dengan metode Risk-Based Bank Rating (RBBR) terdiri dari empat faktor yaitu Risk Profile, Good Corporate Governance, Earnings dan Capital dari setiap bank. Risk Profile terdiri dari risiko kredit dan risiko likuiditas. Risiko kredit diukur dengan menggunakan NPF dan risiko likuiditas diukur dengan menggunakan FDR. Faktor Earnings diukur dengan rasio ROA, ROE dan NIM, faktor Capital dihitung dengan rasio CAR. Hasil penelitian menunjukkan hasil yang memperoleh predikat kurang sehat bahkan cukup sehat atas rasio NPF, FDR, ROA, ROE dan NIM, sedangkan pada rasio CAR pada 3 tahun terakhir memperoleh predikat Sangat Sehat sesuai ketentuan Bank Indonesia yaitu melebihi 12%.

scholarly journals Bid-Ask Spread on Earnings Management with Good Corporate Governance as Moderation Variables: Banking Sector in Indonesia

2022 ◽  
Vol 19 ◽  
pp. 386-395
Author(s):  
Imam Ghozali ◽  
Sugeng Wahyudi ◽  
Hersugondo Hersugondo ◽  
Anton Satria Prabuwono ◽  
Imang Dapit Pamungkas
Keyword(s):  
Corporate Governance ◽  
Earnings Management ◽  
Research Method ◽  
Banking Sector ◽  
Stock Exchange ◽  
Analysis Tool ◽  
Moderating Variables ◽  
Descriptive Research ◽  
Bid Ask Spread ◽  
Good Corporate Governance

This study aims to determine the effect of the bid-ask spread on earnings management and good corporate governance (GCG) as moderating variables. The research method used is a quantitatively descriptive research method that aims to examine the effect of bid-ask spread on the earning management moderated by GCG. The population in this study are banking companies listed on the Indonesia Stock Exchange (IDX). In this study, found that the sample was obtained using purposive sampling. So, the model in this study with 102 total samples. The analysis tool used is Warp-PLS 6.0. This study shows that the bid-ask spread significantly influences on earnings management of banking companies on the IDX in the years 2014-2020. GCG cannot the effects of bid-ask spreads on the earnings management of banking companies on the IDX in the years 2014-2020.

scholarly journals EVALUASI PENERAPAN GOOD CORPORATE GOVERNANCE PADA PT. BNI TBK KANTOR CABANG PEMBANTU UNSRAT

2017 ◽  
Vol 12 (01) ◽  
Author(s):  
Jennifer Juliana Frans ◽  
Herman Karamoy ◽  
Victorina Z. Tirayoh
Keyword(s):  
Corporate Governance ◽  
Corporate Responsibility ◽  
Qualitative Data ◽  
Banking Industry ◽  
Secondary Data ◽  
Descriptive Research ◽  
Good Corporate Governance ◽  
Clarity Of Responsibility ◽  
Corporate Social ◽  
Charitable Activities

Implementation of Good Corporate Governance in the banking industry requires its own attention because the character of the banking industry is different from the industry in general. Good Corporate Governance is a bank governance that applies the principles of Transparency, Accountability, Responsibility, Independency, Fairness. The purpose of this study is to evaluate the application of the principles of Good Corporate Governance at PT. BNI Tbk kcp unsrat. The object of this research is PT BNI Tbk Kcp Unsrat. This research uses descriptive research design. The type of data used is qualitative data. Sources of data used are primary and secondary data. The research results show that with the implementation of the principles of Good Corporate Governance Bank BNI has applied the principle of openness well. The clarity of responsibility for the execution of functions and tasks is appropriate. Corporate responsibility is carried out in the presence of corporate social responsibility or CSR in the form of charitable activities. The Bank is managed independently in accordance with what has been implemented by BNI. Bank BNI Tbk has provided fair and equitable treatment.Keywords : Transparancy, Accountability, Responsibility, Independence, Fairness

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