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Corporate Governance and Sustainability in Indonesia KCI 등재 SCOPUS

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  • URLhttps://db.koreascholar.com/Article/Detail/403223
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한국유통과학회 (Korea Distribution Science Association)
초록

This paper aims to provide a review concept regarding the relationship between corporate governance and corporate sustainability in Indonesia. This paper examines the mechanisms and guidelines for implementing good corporate governance. This research used the literature review method and explores some effective corporate governance principles such as transparency, accountability, responsibility, independence, fairness, and equality to achieve business sustainability in Indonesia’s setting. The results show that good corporate governance regulation in Indonesia has been improved, but the enforcement is still needed to be optimized because good corporate governance will positively impact corporate sustainability. Thus, sustainability requires more corporate innovation because sustainability is about how a company can create profits and value-added to society through corporate social responsibility (CSR) programs and how the company can contribute to the preservation of nature and the environment. In Indonesia, the board of directors, the board of commissioners, and the audit committees are positively related to CSR disclosure. Thus, leadership and management efforts are crucial. However, to comprehensively support the synergy of implementing good corporate governance, we need the role of the state, the business community, and society. This study provides important insights into the implementation of good corporate governance in achieving corporate sustainability in Indonesia.

목차
Abstract
1. Introduction
2. Literature Review
    2.1. Good Corporate Governance
    2.2. Sustainability
3. Result and Discussion
    3.1. The Role of Good Corporate Governance forthe Company
    3.2. Three Pillars Supporting the Implementationof Good Corporate Governance
    3.3. Principles of Good Corporate Governance
    3.4. Essential Concepts of the Existence of GoodCorporate Governance in Indonesia
    3.5. Study of Corporate Governance andSustainability in Indonesia
4. Conclusions
References
저자
  • R. Rulick SETYAHADI([1] PhD Student, Department of Accounting, Faculty of Economics and Business, Universitas Airlangga, Indonesia [2] Lecturer, Department of Accounting, Faculty of Economica and Humaniora, DhyanaPura University, Indonesia) Corresponding Author
  • I Made NARSA(Department of Accounting, Faculty of Economics and Business, Universitas Airlangga, Indonesia.)