The Effect of Good Corporate Governance on the Sustainability of Electric Company in Indonesia

RIO AFRIANDA ST MT

Abstract


This study aims to analyze the effect of Good Corporate Governance on the Sustainability of Electricity Companies in Indonesia. The research is based on the GCG Assessment Score from the company's annual report for the last three years. It was found that the aspect of commitment to the implementation of sustainable governance was increasing every year; the aspect of shareholder assessment and GMS decreases; Board of commissioners/board of supervisors increased; The assessment aspect of the Board of Directors decreases every year, and the value of other aspects increases every year. From the total GCG Assessment score of 89.559 in 2020, it is concluded that the implementation of GCG is in the very good category and has a positive effect on the company's sustainability.

Keywords: Good Corporate Governance


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References


Adams, Renee B. & Mehran, Hamid. Corporate Performance, Board Structure and its Determinants in the Banking Industry (8 Agustus 2005)

Ahmed, Esra and Allam Hamdan. (2015). The Impact of Corporate Governance on Firm Performance: Evidence From Bahrain Bourse. International Management Review

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Nur Awlia Az’ari Pengaruh Good Corporate Governance Terhadap Kinerja Keuangan Pada Perusahaan Perbankan Yang Terdaftar Di BEI 2019.

Melia Agustina Tertius dan Yulius Jogi Christiawan Pengaruh Good Corporate Governance terhadap Kinerja Perusahaan pada Sektor Keuangan 2015

Laporan-Keberlanjutan-PLN 2020


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