Reasonably good corporate governance

Attempts to determine what constitutes “good” corporate governance have become mired in the quicksand of the ethical conflict between duty and utility, virtue and rights, as well as the fight over for whose good the organization exists. This paper takes a different tack. Drawing upon evidence from the efforts to build and develop the UK code of corporate governance, it argues that the nature of “good” is intractable, but that in the practical world a philosophically pragmatic approach applies, exemplified in the preference for a comply-or-explain approach rather than more formal modes of regulation. Using Toulmin’s (2001) of advocacy the reasonable, in opposition to the rational, it argues that “reasonably good” governance is the best that can be expected, given the contingent nature of organizational life and strategies and the uncertain and potentially fungible benefits of various mechanisms of corporate governance

Pengaruh Good Corporate Governance Terhadap Profitabilitas Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Periode 2013-2015

Penelitian ini bertujuan untuk mengetahui pengaruh Good Corporate Governance terhadap rasio profitabilitas pada Perusahaan manufaktur yang terdapat di Bursa Efek Indonesia pada periode 2013 – 2015. Mekanisme Good Corporate Governance dalam penelitian ini diproksikan dengan ukuran dewan direksi, dewan komisaris, dan komite audit. Sedangkan, rasio profitabilitas diproksikan dengan return on equity (ROE). Sampel penelitian ini terdiri dari 8 Perusahaan dengan metode pengambilan sampel purposive sampling. Data yang digunakan adalah laporan tahunan dan laporan keuangan masing masing Perusahaan sampel yang dipublikasikan melalui website www.idx.co.id. Hipotesis dalam penelitian ini diuji dengan menggunakan regresi linier berganda. Hasil penelitian ini menunjukkan bahwa Good Corporate Governance berpengaruh terhadap rasio profitabilitas pada Perusahaan manufaktur dimana Good Corporate Governance yang terdiri dari dewan direksi signifikan dan berpengaruh negatif terhadap profitabilitas, dewan komisaris signifikan dan berpengaruh positif terhadap profitabilitas serta komite audit signifikan dan berpengaruh negatif terhadap profitabilitas. Secara simultan, dewan direksi, dewan komisaris, dan komite audit signifikan dan berpengaruh positif terhadap profitabilitas

Pengaruh Good Corporate Governance terhadap Kinerja Keuangan dan Nilai Perusahaan (Studi pada Badan USAha Milik Negara (Bumn) yang Terdaftar di Bursa Efek Indonesia Periode 2012-2015)

This research aims to ecposure and explain the influence of simultaneous dominant and Good Corporate Governance, which consists of the Board of Commissioners of the independent variables and the Audit Committee's response to the Financial performance of the Company and the value calculated using the Return On Assets and Tobins'Q. The first hypothesis test results known f. sig α (0.000) 0.05 < shows there significant influence simultaneously from the Board of Commissioners of the independent variables and the Audit Committee's response to financial performance. The second hypothesis test results known f. sig α (0.000) 0.05 < shows there significant influence simultaneously from the Board of Commissioners of the independent variables and the Audit Committee of the company. Partially each Good Corporate Governance variables effect significantly to financial performance and the value of the company. The value of the Adjusted R Square towards Good Corporate Governance financial performance is of 40.2% whereas 59.8% influenced by other variables that are not discussed in this study. Adjusted R Square value of Good Corporate Governance of the company is of 51.8% whereas 48.2% influenced by other variables that are not discussed in this study. Keywords: Good Corporate Governance, Independent Commissioners, Audit Committee, Financial Performance, Return On Assets, Corporate Value, Tobins'Q АBSTRАK Penelitian ini bertujuan untuk menganilisis dan menjelaskan pengaruh simultan dan dominan Good Corporate Governance yang terdiri dari variabel Dewan Komisaris Independen dan Komite Audit terhadap Kinerja Keuangan dan Nilai Perusahaan yang dihitung menggunakan Return On Assets dan Tobins'Q. Hasil pengujian hipotesis pertama diketahui F.sig α (0,000) < 0,05 menunjukkan ada pengaruh signifikan secara simultan dari variabel Dewan Komisaris Independen dan Komite Audit terhadap Kinerja Keuangan. Hasil pengujian hipotesis kedua diketahui F

PRACTICE OF GOOD GOVERNANCE AND CORPORATE GOVERNANCE

Corporate governance reforms are implemented around the world and may impact upon the population worldwide. In developing countries, such reforms are implemented in a broader context that is primarily defined by previous attempts of promoting “development” and recent processes of economic globalization. In this context, corporate governance reforms (in combination with the liberalization reforms associated with the economic globalization), in effect, represent a new development strategy for third world countries. The basic questions arising with respect to this situation are: what are the prospects for this new development model and whether alternatives should be considered.governance; corporate governance; economic globalization; development

Implementasi Good Corporate Governance Dalam Meningkatkan Kualitas Pelayanan (Studi Pada PT Telkom Banyuwangi)

: Good Corporate Governance Implementation to Increase the Quality of Service Good Corporate Governance (GCG) in PT Telkom has become necessity, because when it applied, companies must have good service quality. This study was conducted to analyze and determine Good Corporate Governance Implementation to Increase the Quality of Service in PT Telkom Banyuwangi. Based on the aims of study, it using descriptive method in qualitative approach. The results of this research showed that PT Telkom divide the implementation of Good Corporate Governance in five groups which based on the five principles of Good Corporate Governance, that is: Transparency, Independence, Accountability, Responsibility, and Fairness. Furthermore, the implementation of Good Corporate Governance, Telkom show efforts to improve quality of service to satisfying their customers with SLG (Service Level Guarantee) system, competency management and development of human resources, Developing Distribution of service and Product, and the development of facilities and infrastructure, governance of TI that already good. However, the implementation of Good Corporate Governance in PT Telkom Banyuwangi depends of the competence of human resources availability and lack of information about the importance of Good Corporate Governance for PT Telkom Banyuwangi. From these results, the authors can draw the conclusion that good corporate governance has been implemented properly in accordance strengthening the application of the principles of Corporate Value (corporate values) and the authors provide suggestions for PT Telkom Banyuwangi that have implemented good corporate governance is necessary in order to better socialization and development of employee knowledge about GCG evenly on employees