ROLE OF GOOD CORPORATE GOVERNANCE AS A MANIFESTATION OF ORGANIZATIONAL DEMOCRACY

Authors

  • Fransiskus Xaverius Candra Gunawan Badan Penelitian dan Pengembangan Daerah Kabupaten Sumba Timur, NTT, Indonesia

DOI:

https://doi.org/10.31933/dijemss.v3i5.1276

Keywords:

Good Corporate Governance, Change, Work Ethic, Competitive Advantage

Abstract

This research is a form of conceptual idea that examines the impact of dynamic changes on increasingly fierce business competition and company sustainability. The concept of corporate management presented by Good Corporate Governance (GCG) is a wise solution that companies need to consider to answer the challenges of these changes, where the existence of clean and healthy company management and superior human resources are important company assets that need to be improved. The research method uses qualitative research with a descriptive qualitative approach in the form of critical ideas sourced from national literature, international journals, and research libraries. The results of the study conclude that the role of Good Corporate Governance (GCG) as a manifestation of organizational democracy can improve employee morale and work ethic which is the company's competitive advantage. In addition, the existence of a space for the active participation of stakeholders is the most important part of the practice of Good Corporate Governance (GCG).

References

Boselie, Paul. 2014. Strategic Human Resource Management : A Balanced Approach. McGraw-Hill Education. Second Edition. ISBN-139780077145620 ISBN-100077145623. New York.

Aguinis, Herman. 2014. Performance Management. Pearson Education Limited. Third Edition. England.

Sobirin, Achmad. 2020. Perilaku Organisasi. Universitas Terbuka. Jakarta.

Riadi, Muchlisin. 2019. Good Corporate Governance. https://www.kajianpustaka.com/. Diakses tanggal, 09-04-2022.

Wahyuningsih, Dwi. 2020. “Pengaruh Struktur Good Corporate Governance terhadap Kinerja Perusahaan dan Manajemen Laba”. Jurnal Akuntansi Trisakti. ISSN : 2339-0832 (Online) Volume 7 Nomor 2 September 2020: 265-286. Doi : http://dx.doi.org/10.25105/jat.v7i2.6254.

Fitriyani, Dewi; Tiswiyanti, Wiwik: Prasetyo, Eko. 2016. “Good Corporate Governance dan Dampaknya terhadap Kinerja berdasarkan Balanced Scorecard”. Jurnal Akuntansi. Volume XX, No. 03, September 2016: 420-447.

Misutari, N. M. S. & Ariyanto, D. 2021. “Good Corporate Governance Memoderasi Pengaruh Corporate Sosial Responsibility dan Penerapan Green Accounting terhadap Kinerja Keuangan”. E-Jurnal Akuntansi, 31(12), 2975-2987.

Wijaya, I Putu Indra & Wirawati, Ni Gusti Putu. 2019. “Good Corporate Governance Sebagai Pemoderasi Pengaruh Profitabilitas dan Corporate Social Responsibility pada Nilai Perusahaan”. E-Jurnal Akuntansi Universitas Udayana. Vol. 26. 2.Februari (2019): 1436-1463. DOI: https://doi.org/10.24843/EJA.2019.v26.i02.p22.

Krenn, M. 2016. “Understanding decoupling in response to corporate governance reform pressures the case of codes of good corporate governance”. Journal of Financial Regulation and Compliance, 23, 369–382.

Heder. 2017. “Pengaruh kinerja keuangan terhadap nilai perusahaan dengan good corporate governance sebagai variabel pemoderasi”. Jurnal Ilmu Dan Riset Akuntansi. 6(7), 309–321.

Hardiningsih, P., Y. 2018. “Faktor- Faktor yang Mempengaruhi Kemampuan Membayar Pajak”. 3(1), 126–143.

Karina, D. R. M & Setiadi, I. 2020. “Pengaruh CSR Terhadap Nilai Perusahaan Dengan GCG Sebagai Pemoderasi”. 6(1), 37–49.

Puspitasari, A. D. 2017. “Analisis Pengaruh Enterprise Risk Management Disclosure, Intellectual Capital Disclosure, Dan Corporate Social Responsibility Disclosure Terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan Pertambangan Yang Terdaftar Di Bei Tahun 2012-2015)”.

Dani, Rahadian M. 2017. “Penerapan Konsep Resources-Based View (Rbv) Dalam Upaya Mempertahankan Keunggulan Bersaing Perusahaan”. Jurnal Ilmu Administrasi. Volume 14 Nomor 1 Juni 2017.

Hariyanto, Eko Budi & Narsa, I Made. 2018. “Strategic Assets Management : Fokus Pemanfaatan Aset Negara Dengan Pendekatan Resource Based View (RBV)”. AKTSAR. Volume 1 Nomor 1, Juni 2018, Halaman 113-129.

Badawi, Ahmad. 2018. “Pengaruh Good Corporate Governance dan Intellectual Capital terhadap Kinerja Keuangan Perusahaan pada Perbankan Indonesia (Studi Empiris di Bursa Efek Indonesia Tahun 2015-2017)”. Jurnal JDM, Vol. I No.02 Sept 2018.

Published

2022-06-14

How to Cite

Xaverius Candra Gunawan, F. (2022). ROLE OF GOOD CORPORATE GOVERNANCE AS A MANIFESTATION OF ORGANIZATIONAL DEMOCRACY. Dinasti International Journal of Education Management And Social Science, 3(5), 689–695. https://doi.org/10.31933/dijemss.v3i5.1276