scholarly journals Analysis Of Global Economic Problems And The Application Of Good Corporate Governance (GCG)

2021 ◽  
Author(s):  
Veronica Elvira
Keyword(s):  
Corporate Governance ◽  
Control Problems ◽  
Instructional Process ◽  
Economic Problems ◽  
Good Corporate Governance ◽  
The Right ◽  
And Control

Based on the research that has been done, it can be proven that the implementation of GCG is one of the ways that can help the company in increasing value and effectiveness as well as helping to supervise and control problems that occur internally and externally. If the company is able to control and supervise the activities that are running, of course the profits will be and run well. Therefore, it is very important to ensure that the company has control over employees and the activities that occur.Employees are one of the important aspects in the company, without employees, the company will find it difficult to develop their products. Not only that, the vision and mission will also be difficult to achieve if you don't use the right team. The instructional process carried out by superiors to subordinates must also run smoothly because if not, there will be misunderstandings and make work not as it should be.

scholarly journals PENYELENGGARAAN SISTEM INFORMASI HUKUM PERUSAHAAN PADA BADAN USAHA BANK DALAM PELAKSANAAN GOOD CORPORATE GOVERNANCE

2015 ◽  
Vol 4 (3) ◽  
Author(s):  
I Gusti Agung Eka Pertiwi
Keyword(s):  
Decision Making ◽  
Corporate Governance ◽  
Value Added ◽  
Data Bank ◽  
Legal Aspects ◽  
Legal Information ◽  
Good Corporate Governance ◽  
Company Policy ◽  
The Right ◽  
And Control

Good Corporate Governance is the definitive system to regulate and control the companyto create value-added to all stakeholders. The concept can be interpreted of GoodGovernance in Indonesia. There are two things that are emphasized in this concept. First,the importance of the right of shareholders to obtain information correctly (accurately)and timely. Second, the company’s obligation to make disclosure is accurate, timely andtrasnparan to all information of corporate performance, ownership and stakeholder. Thistype of research is a kind of juridical empirical research. This study on the effectiveness ofthe law, namely Legal Information Systems Company On Enterprise Bank in ImplementingGood Corporate Governance. This study is limited to the legal aspects of good corporategovernance of banking, in particular systems company policy, in particular the company’sdecision-making system,the implementation of the decision making proces accountable,fast, and accurate, which determines the performance of bank corporate governance. GoodCorporate Governance provisions have not been able to support the banking corporategovernance, as expected, especially in terms of decision-making performance. Becausetheunavailability of adequate Legal Information System whichcan be used as abasis to organizethe decision-making process that is fast and accurate. Slowness and hesitation in makingdecisions on some banks are generally determined by the availability of Legal InformationSystems Company which is a data bank on bank policies that have been established.

scholarly journals The Tink’s saga? Is it the Time for the Corporate Governance?

2020 ◽  
Author(s):  
Eleandra Maria Prigol Meneghini ◽  
Ana Paula Pereira dos Passos ◽  
Jeferson Lana
Keyword(s):  
Decision Making ◽  
Corporate Governance ◽  
Conflicts Of Interest ◽  
Corporate Management ◽  
Information Asymmetries ◽  
Teaching Case ◽  
Good Corporate Governance ◽  
Governance Practices ◽  
And Control ◽  
Gains And Losses

Objective: To promote a discussion on the benefits and challenges of the process of implementing mechanisms and good corporate governance practices in a multifamily company. Method: the case was based on real problems of a privately held multifamily organization and fictitious narratives were developed for its construction. Originality/relevance: Multifamily companies potentialize the existence of conflicts between the main ones due to the plurality of partners regarding corporate management and control. In this teaching case, some of these dilemmas were presented and how corporate governance could avoid, mitigate or remedy them in order to find adequate alignment between family members. Results: Conflicts of interest and information asymmetries indicated the need for new solutions for business continuity. Among these solutions, there was the possibility of implementing mechanisms and good corporate governance practices. Theoretical/methodological contributions: It is expected that the student develops an understanding of the need to consider inherent gains and losses in decision making and the particularities of the organization, such as shareholder composition, maturity of the organization and protection of capital and property.

6. Corporate governance—board structure and shareholder engagement

Company Law ◽  
2018 ◽  
Author(s):  
Brenda Hannigan
Keyword(s):  
Corporate Governance ◽  
Board Structure ◽  
Publicly Traded ◽  
Publicly Traded Companies ◽  
Board Committees ◽  
Shareholder Engagement ◽  
Good Corporate Governance ◽  
Starting Point ◽  
The Uk ◽  
And Control

This chapter discusses corporate governance in publicly traded companies with widely dispersed shareholdings. Most shareholders are not involved in the management and control of a company's affairs. Thus, a separation usually develops between those who collectively own the company through their combined shareholdings (the shareholders) and those who manage it (the directors). Problems can arise from this separation of ownership and control as distance from the day-to-day running of the business makes it difficult for shareholders to restrain any managerial excesses. The starting point of good corporate governance is internal mechanisms (such as shareholders' rights and board structures). The discussions cover the UK corporate governance code, corporate governance requirement, board committees, and shareholder engagement.

scholarly journals Tata Kelola Wakaf dalam Meningkatkan Kesejahteraan Masyarakat di Kabupaten Jember

2018 ◽  
Vol 13 (1) ◽  
pp. 73-96
Author(s):  
Abd Syakur ◽  
Hary Yuswadi ◽  
Bagus Sigit Sunarko ◽  
Edy Wahyudi
Keyword(s):  
Corporate Governance ◽  
Qualitative Method ◽  
Economic Problems ◽  
Good Corporate Governance ◽  
Inhibiting Factors ◽  
Alternative Solutions ◽  
Descriptive Qualitative

Wakaf memiliki kontribusi solutif untuk mengatasi persoalan sosial ekonomi masyarakat. Namun realitanya, potensi tanah wakaf di Kabupaten Jember yang mencapai 141, 06 hektar yang tersebar di 1.495 lokasi masih dikelola secara tradisional. Penelitian ini difokuskan pada implementasi kebijakan wakaf dalam meningkatkan kesejahteraan masyarakat, faktor-faktor penghambat, serta alternatif solusi untuk mengatasinya. Penelitian ini menggunakan metode deskriptif kualitatif. Hasil penelitian ini yaitu tata kelola wakaf di Kabupaten Jember belum terlaksana dengan baik, yang disebabkan karena belum dibentuknya BWI; ego ahli waris dari wakif yang ingin menguasai tanah wakaf dan merasa tidak cocok dengan nâzhir; sistem kenâzhiran yang kurang professional; kurangnya sosialisasi kebijakan wakaf; dan diperparah dengan ketidak-patuhan sebagian masyarakat terhadap kebijakan wakaf. Oleh karena itu, setiap nâzhir perlu mewujudkan Good Waqf Governance dengan menerapkan prinsip-prinsip Good Corporate Governance (GCG) berbasis Islam, karena GCG konvensional saja tidak cukup apabila tidak didukung dengan pelaku-pelaku yang jujur dan amanah. (Wakaf has a solute contribution to overcome the socio-economic problems of the community. However, the potential of waqf land in Jember which reaches 141.06 hectares spread over 1,495 locations is still managed traditionally. This research is focused on the implementation of wakaf policy in improving community welfare, inhibiting factors, and alternative solutions. This study used descriptive qualitative method. The result of this research is that the management of waqf in Jember is not well implemented, which is caused by the lack of establishment of BWI; the wishes of the heirs of the wakif who want to control the land of waqf and feel incompatible with nâzhir; less professional system of kenâzhiran; lack of socialization of wakaf policy; and the non-compliance of some people to the wakaf policy. Therefore, every nâzhir needs to realize Good Waqf Governance by applying the principles of Good Corporate Governance (GCG) based on Islam, because conventional GCG alone is not enough if it is not supported by honest and trustful actors)

scholarly journals Índice de Governança Corporativa, Desempenho e Valor da Firma no Brasil

2005 ◽  
Vol 3 (1) ◽  
pp. 1 ◽  
Author(s):  
André Luiz Carvalhal da Silva ◽  
Ricardo Pereira Câmara Leal
Keyword(s):  
Corporate Governance ◽  
Return On Assets ◽  
Good Corporate Governance ◽  
Total Capital ◽  
Significant Difference ◽  
Governance Practices ◽  
And Performance ◽  
And Control ◽  
High Degree

This study investigates the relationship between the quality of a firms corporate governance practices and its valuation and performance, through the construction of a broad firm-specific corporate governance index for Brazilian listed companies. The empirical results indicate a high degree of ownership and control concentration. We can also note a significant difference between the voting and total capital owned by the largest shareholders, mainly through the existence of non-voting shares. Panel data results indicate that less than 4% of Brazilian firms have good corporate governance practices, and that firms with better corporate governance have significantly higher performance (return on assets). There is also positive relationship between Tobin’s Q and better corporate governance practices although the results are not statistically significant.

A VENDOR MANAGED TWO-ECHELON INVENTORY SYSTEM FOR AN INTEGRATED PRODUCTION PROCUREMENT CASE

2011 ◽  
Vol 28 (03) ◽  
pp. 301-322 ◽  
Author(s):  
ABHIJEET SINGH ◽  
SAROJ KOUL ◽  
ANIL K. AGRAWAL
Keyword(s):  
Control Problems ◽  
Operational Cost ◽  
Lot Size ◽  
End User ◽  
Uniform Size ◽  
Planning And Control ◽  
Complete Knowledge ◽  
Joint Economic Lot Size ◽  
The Right ◽  
And Control

Joint economic lot size models for purchasers and vendors are more economical than when considering their inventory problems independently. It requires vendors to have a complete knowledge of their purchaser's demands. In such a situation, the vendor shall manage the supply with comparatively more inventory at its end. The operational cost can further decrease provided supply is in sub-batches and logistics cost does not increase substantially. However, determining the right size for these sub-batches becomes an issue. Sub-batches of varying size may cause planning and control problems, but supply in sub-batches of uniform size will not. In this paper, joint economic lot size models are presented for the two supply situations, namely staggered supply and uniform supply. Cases are employed that describe the inventory situation of a single vendor supplying an item to a manufacturer that is further processed before it is supplied to the end-user. Using illustrative examples, the comparative advantages of the uniform sub-batch supply over the staggered alternative are investigated. From the analysis, uniform supply models are found to be comparatively more beneficial and robust than the staggered sub-batch supply.

scholarly journals Prinsip Konstitusi Ekonomi dalam Privatisasi Badan Usaha Milik Negara

2018 ◽  
Vol 15 (1) ◽  
pp. 118
Author(s):  
Josefhin Mareta
Keyword(s):  
Corporate Governance ◽  
Financial Performance ◽  
National Economy ◽  
The State ◽  
State Control ◽  
Good Corporate Governance ◽  
Professional Management ◽  
Government Supervision ◽  
Business Entities ◽  
The Right

Salah satu kekuatan ekonomi nasional yang perlu ditingkatkan produktivitas dan efisiensinya adalah BUMN dikarenakan kinerja BUMN yang dinilai belum memuaskan dan masih terdapatnya birokrasi yang menyebabkan profesionalisme BUMN menjadi rendah. Privatisasi yang dilakukan sebagai upaya meningkatkan efisiensi BUMN menyebabkan berkurangnya kontrol dan proteksi negara terhadap badan-badan usaha yang menyentuh sektor publik. Tulisan ini memberikan analisis terhadap pelaksanaan privatisasi BUMN di Indonesia dan penerapan prinsip konstitusi ekonomi dalam kebijakan privatisasi BUMN di Indonesia. Dari analisis yang ada, penulis menyimpulkan bahwa privatisasi menjadi salah satu kebijakan yang dilakukan oleh pemerintah untuk menyelesaikan masalah strategis pada BUMN yang dinilai dari kinerja keuangan dan kinerja non keuangan berupa terwujudnya manajemen yang profesional dan transparan sesuai prinsip tata kelola perusahaan yang baik. Pemaknaan terhadap hak menguasai negara adalah negara melakukan pengaturan, pengurusan dan pengolahan, serta pengawasan sehingga negara dapat menyerahkan pengelolaannya pada pihak swasta dengan pengawasan pemerintah.One of the strengths of the national economy which need to be improved is state-owned enterprises because its performances are rated unsatisfactory and still have a bureaucracy that led to its professionalism below. Privatization as an effort to improve the efficiency of state-owned enterprises reduced the state control and protection against business entities in public sector. This paper provided an analysis of the implementation of the privatization of state-owned enterprises and the application of economic constitutional principles in the privatization of state-owned enterprises in Indonesia. The writer concluded that privatization has become the policy to solve strategic problems of state-owned enterprises assessed by financial performance and non-financial performance is realized by professional management and transparent according to the principles of good corporate governance. Meanings of the right of the state to control are the state make the arrangement, processing, and supervision so that the state can submit the management to the private with government supervision.

scholarly journals IMPLICATION OF GOOD CORPORATE GOVERNANCE ON PT. NI

2020 ◽  
Vol 1 (5) ◽  
pp. 725-735
Author(s):  
Endang Pamuji
Keyword(s):  
Corporate Governance ◽  
Social Responsibility ◽  
External Environment ◽  
For Profit ◽  
Business Partners ◽  
Business Goals ◽  
Good Corporate Governance ◽  
Human Animal ◽  
And Control ◽  
A Company

Companies that have roles in the pharmaceutical field that are discussed in the health world and are related to direct consumers or indirect consumers, business partners, distributors, and so on. Good Corporate Governance, namely, processes, policies, rules, and policies that affect the direction, management, and control of a company or company. PT.NI. Having business goals that are not just looking for profit but also have social responsibility and assistance in the internal and external environment (human, animal, plant and environment).

scholarly journals Penerapan Manajemen Risiko terhadap Perwujudan Good Corporate Governance pada Perusahaan Asuransi

TRIKONOMIKA ◽  
2014 ◽  
Vol 13 (2) ◽  
pp. 195
Author(s):  
Yana Ayu Pradana ◽  
Brady Rikumahu
Keyword(s):  
Risk Management ◽  
Corporate Governance ◽  
The State ◽  
Strategic Objectives ◽  
Good Corporate Governance ◽  
Significant Difference ◽  
And Control ◽  
The Impact

Good Corporate Governance (GCG) is a system used to direct and control the company’s business activities. Risk emerges with the business activities of the company to achieve the company’s strategic objectives. Company needs to manage these risks to minimize the impact of risk and achieve the company’s strategic objectives. This study focuses on the effects that arise from the application of risk management to the realization of GCG through principles of GCG. There are 15 respondents from one of the State-Owned Enterprises in the area of insurance. Research shows that a significant difference between risk management and corporate governance of 53.40%. Risk management has an important role in the realization of corporate governance through effective risk management, so that the company can minimize the risks and impacts more carefully to take opportunities.

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