Makalah Seminar Akuntansi

MAKALAH SEMINAR AKUNTANSI AKUNTANSI GOOD CORPORATE GOVERNANCE

OLEH : KELOMPOK IV NURUL MUTHMAINNA

A31113016 A31113016

RIZKI NAHRIATI

A31113028

MASITA

A31113032

IRMAWATI

A31113304

FAKULT FAKULTAS AS EKONOMI EKONOM I DAN BISNIS UNIVERSITAS HASANUDDIN MAKASSAR 2016

Univeri!" H""n#$$in

KATA KATA PENGANTAR PENG ANTAR

P#%i P#%i $"n &#'#r &#'#r '"(i '"(i )"n%"!' )"n%"!'"n "n 'e*"$i 'e*"$ir"! r"! T#*"n T#*"n &"n+ &"n+ M"*" M"*" E", E", '"ren" '"ren" -er'"! -er'"! r"*("!.N&" r"*("!.N&" /"* '"(i $")"! (en&##n (en&##n $"n (en&e/e"i'" (en&e/e"i'"n n ("'"/"* ("'"/"* ini !e)"! )"$" "'!#n&" "'!#n&" A$")#n ("'"/"* &"n+ !e/"* '"(i ##n (en+en"i Good (en+en"i Good Corporate Governance. K"(i "n+"! -er*"r") ("'"/"* &"n+ !e/"* '"(i #)"&"'"n e-"i'.-"i'n&" ini $")"! $i+#n"'"n e-"+"i -"*"n )e(-e/"%"r"n +#n" (en"(-"* i/(# )en+e!"*#"n e#"i $en+"n -i$"n+ &"n+ '"(i -"*" $i $"/"(n&" $"/"(n&" K"(i *"n&"/"* ("n#i" &"n+ !i$"' /#)#! $"ri 'e"/"*"n, '"ren" ("n#i" !i$"' "$" &"n+ e()#rn" O/e* '"ren" i!# '"(i "n+"! -er*"r") 'ri!i' &"n+ $ier!"i "r"n $"ri )e(-"", +#n" (e()er-"i'i 'e'e/ir#"n &"n+ '"(i !i$"' "$"ri Un!#' i!# '"(i (en+#")'"n !eri(" '"i* '"ren" !e/"* (en%"$i'"n ("'"/"* '"(i (en%"$i e#"!# &"n+ /e-i* -er+#n"

M"'""r, O'!-er 2016

Ke/()' IV

Makalah Seminar Akuntansi Akuntansi (Good Corporate Governance)  Governance)  1


DAFTAR ISI

KATA PEN5ANTAR

i

A7TAR ISI

ii

A I PENAHULUAN

1

11 L"!"r e/"'"n+

1

12 R#(#"n M""/"*

2

13 T#%#"n Pen#/i"n

2

A II PEMAHASAN

3

21 e9inii Good Corporate Governance

3

22 T#%#"n Good Corporate Governance



23 M"n9""! Good Corporate Governance

6

24 Kne) $"n Prini) ""r Good Corporate Governance

;

2 Me'"ni(e Corporate Governance

13

26 7"'!r Per!i(-"n+"n "/"( I()/e(en!"i Good Corporate Governance

1<



2; H#-#n+"n 5$ =r)r"!e 5vern"ne $en+"n E!i'" Pr9ei A'#n!"ni 21 28 Per"n A'#n!"ni "/"( 5$ =r)r"!e 5vern"ne >5=5? 22 2; =n!* K"# "/"( Pen&i()"n+"n Good Corporate Governance A III PENUTUP

23 24

31 Kei()#/"n

24

A7TAR PUSTAKA

2

Makalah Seminar Akuntansi (Good Corporate Governance)  2


BAB I PENDAHULUAN 1.1 Latar Belaa!" Good Corporate Governance (#n#/ e-"+"i "!# )rini) &"n+ $")"! $i!er")'"n

-er'"" $"ri -er-"+"i '"# 'e#"n+"n $i $#ni" en+"n )rini) #!"(" 'e!er-#'""n, )er!"n++#n+%""-"n, 'e"$i/"n, $"n "'#n!"-i/i!", Good Corporate Governance $")"! (e(-eri'"n 'e)"!i"n -"*" )er#"*""n !er'e//" $en+"n -"i' Pener")"n Good Corporate Governance &"n+ -"i' )"$" )er#"*""n (e(-eri'"n )er/in$#n+"n &"n+ e9e'!i9 'e)"$" )"r" )e(e+"n+ "*"( $"n )i*"' 're$i!#r Pener")"n Good Corporate Governance "'"n (e&"'in'"n )e(e+"n+ "*"( >inve!r? "'"n )er/e*"n 'e(-"/i inve!"i $en+"n "%"r $"n -erni/"i !in++i Prini) Good Corporate Governance ( 5=5? &"n+ (ene'"n'"n !r"n)"r"ni $"n "'#n!"-i/i!" "n+"! $i-#!#*'"n )er#"*""n Ke(#$i"n )ener")"n Good Corporate Governance )"$" )er#"*""n "'"n (e(-eri'"n -"n&"' ("n9""! -"+i )er#"*""n !e re-#! Good Corporate Governance "'"n (en$rn+ )er#"*""n #n!#' !er'e//" e"r" !r"n)"r"n, -er!"n++#n+ %""-, $"n "$" 'e"$i/"n "!"# 'ee!"r""n -"+i )i*"'.)i*"' &"n+ -er'e)en!in+"n I# *"n+"! &"n+ (en"ri' )er*"!i"n )"r" e'n( $"n )e/"'# -ini $i In$nei" ""! ini "$"/"* !en!"n+ Good Corporate Governance >5=5? Se%"' "$"n&" 'rii 9in"ni"/ $i -er-"+"i ne+"r" $i !"*#n 1<<;.1<<8 &"n+ $i""/i 'rii $i T*"i/"n$ >1<<;?, @e)"n+, Kre", In$nei", M"/"&i", Hn+'n+ $"n Sin+")#r" &"n+ "'*irn&" -er#-"* (en%"$i 'rii 9in"ni"/ Ai" ini $i)"n$"n+ e-"+"i "'i-"! /e("*n&" )r"'!i' Good Corporate Governance

>5=5? $i ne+"r".ne+"r"

Ai" Ini $ie-"-'"n "$"n&" 'n$ii.'n$ii

-&e'!i9 &"n+ re/"!i9 "(" $i ne+"r".ne+"r" !ere-#! "n!"r" /"in "$"n&" *#-#n+"n &"n+ er"! "n!"r" )e(erin!"* $"n )e/"'# -ini, 'n+/(er"i $"n (n)/i, )r!e'i, $"n in!erveni )""r e*in++" (e(-#"! ne+"r".ne+"r" !ere-#! !i$"' i")

(e("#'i er"

+/-"/i"i $"n )""r -e-" >T%"+er $'', 2003? 1.2 R#$#%a! Ma%ala&



"ri #r"i"n in+'"! $i"!" !er$")"! -e-er")" (""/"*, "n!"r" /"in : 1 A)" $e9inii Good Corporate Governance 2. A)" !#%#"n $"ri Good Corporate Governance '. A)" ("n9""! $"ri Good Corporate Governance (. "+"i("n" 'ne) $"n )rini) $""r Good Corporate Governance ). "+"i("n" (e'"ni(e Corporate Governance 6. "+"i("n" 9"'!r )er!i(-"n+"n $"/"( i()/e(en!"i Good

Corporate

Governance *. "+"i("n" n!* '"# $"/"( )en&i()"n+"n Good Corporate Governance 1.' T#+#a! Pe!#l,%a! M"'"/"* ini $i##n -er!#%#"n #n!#' (e(-eri %""-"n $"ri -e-er")" r#(#"n

(""/"* $i"!", "n!"r" /"in 1 Un!#' (en+e!"*#i $e9inii Good Corporate Governance 2 Un!#' (en+e!"*#i !#%#"n Good Corporate Governance 3 Un!#' (en+e!"*#i ("n9""! Good Corporate Governance 4 Un!#' (en+e!"*#i 'ne) $"n )rini) $""r Good Corporate Governance  Un!#' (en+e!"*#i (e'"ni(e Corporate Governance 6 Un!#' (en+e!"*#i 9"'!r )er!i(-"n+"n $"/"( i()/e(en!"i Good Corporate Governance ; Un!#' (en+e!"*#i n!* '"# $"/"( )en&i()"n+"n Good Corporate Governance 8



BAB II PEMBAHASAN 2.1 De-,!,%, G/ Crrate Ger!a!e

I!i/"* corporate goverance )er!"(" '"/i $i)er'en"/'"n /e* ="$-#r& =((i!!ee !"*#n 1<<2 $"/"( /")r"nn&" &"n+ $i'en"/ e-"+"i ="$-#rr& Re)r! L")r"n ini $i)"n$"n+ e-"+"i !i!i' -"/i' >turning point ? &"n+ (enen!#'"n )r"'!i' Corporate Gorvernance $i

e/#r#*

$#ni"

="$-#r& =((i!!ee

(en$e9inii'"n

corporate

governance e-"+"i: B A set of rules that define the relationship between shareholder, managers, creditors, the government, emploees and other internal and e!ternal stakeholders in respect to their rights and responsibilitiesC "he

#rgani$ation

for

%conomic

Corporation

and

&evelopment >OE=?,

(en$e9inii'"n corporate governance e-"+"i -eri'#!: BCorporate governance is the satem b which business corporations are directed and control. "he corporate governance structure specifies the distributian of right and responsibilities among different participant in the corporattion, such as the board, the managers, shareholders and other staheholder, and spells out the rule and procedure for making decision on corprate affairs. ' doing this, it also provides the structure through which the compan obectives are set, and the means of attaining those obectives and monitoring performanceC Australia Stock %!change >ASE?, (en$e9inii'"n r)r"!e +vern"ne: Bi s the sstem b which companies are direct and managed. t influences how the obectives of the compan set and achieved, how risk is monitored and assessed, and an how performance is optimised C e9inii ini $i%e/"'"n -"*" corporate governance e-"+"i i!e( &"n+ $i)er+#n"'"n #n!#' (en+"r"*'"n $"n (en+e//" 'e+i"!"n )er#"*""n Si!e( !ere-#!



(e()#n&"i )en+"r#* -e"r $"/"( (enen!#'"n ""r"n #"*" ("#)#n $"/"( #)"&" (en")"i ""r"n !ere-#! Corporate governance %#+" (e()#n&"i )en+"r#* $"/"( #)"&" (en")"i 'iner%" -ini &"n+ )!i("/ er!" $"/"( "n"/ii $"n )en+en$"/i"n rei' -ini &"n+ $i*"$")i )er#"*""n Corporate governance &"n+ !i$"' e*"! $")"! (eni(-#/'"n +$""n )en&"/"+#n""n %"-"!"n e"n Pen+#r# $"n ("n"%e(en )er#"*""n &"n+ /e("* e!i'" -ini $"n (r"/n&", ("'" i" %#+" $")"! (er#+i'"n )"r" "n++!" !*e !"'e*/$er, !er#!"(" )"r" )e(e+"n+ "*"(, 're$i!#r, )er#"*""n )e("' $"n '"r&""n *orld 'ank (e($e9inii'"n Good Corporate Governance "$"/"* '#()#/"n *#'#(, )er"!#r"n $"n '"i$"*.'"i$"* &"n+ "%i- $i)en#*i &"n+ $")"! (en$rn+ 'iner%" #(-er. #(-er )er#"*""n -e'er%" e"r" e9iien, (en+*"i/'"n ni/"i e'n(i %"n+'" )"n%"n+ &"n+ -er'ein"(-#n+"n -"+i )"r" )e(e+"n+ "*"( ("#)#n ("&"r"'! e'i!"r e"r" 'ee/#r#*"n +orum

for

Corporate

Governance

in

ndonesia

>7=5I? 7=5I

(en$e9inii'"n corporate governance e-"+"i: B e)er"n+'"! )er"!#r"n &"n+ (en+"!#r *#-#n+"n "n!"r"

)e(e+"n+,

)en+#r#

>)en+e//"? )er#"*""n,

)i*"'

're$i!#r,

)e(erin!"*, '"r&""n, er!" )"r" )e(e+"n+ 'e)en!in+"n in!ern"/ $"n e'!ern"/ /"inn&" &"n+ -er'"i!"n $en+"n *"'.*"' $"n 'e"%i-"n (ere'" "!"# $en+"n '"!" /"in #"!# i!e( &"n+ (en+en$"/i'"n )er#"*""n T#%#"n corporate governance i"/"* #n!#' (eni)!"'"n ni/"i !"(-"* -"+i e(#" )i*"' &"n+ -er'e)en!in+"n >!"'e*/$er?C A'*("$ S&"'*rD" (e($e9inii'"n BCorporate Governance "$"/"* #"!# i!e( &"n+ $i)"'"i B"r$C #n!#' (en+"r"*'"n $"n (en+en$"/i'"n er!" (en+""i )en+e//""n #(-er $"&" r+"ni"i e"r" e9iien, e9e'!i9, e'n(i, $"n )r$#'!i9C er-"+"i $e9inii Corporate Governance &"n+ $i"()"i $i "!", (e(i/i'i 'e"(""n ("'n" &"n+ (ene'"'"n )"$" -"+"i("n" (en+"!#r *#-#n+"n "n!"r" e(#" )i*"' &"n+



-er'e)en!in+"n $en+"n )er#"*""n &"n+ $i#%#$'"n $"/"( "!# i!e( )en+en$"/i"n )er#"*""n

2.2 T#+#a! G/ Crrate Ger!a!e

Good Corporate Governance -#'"n/"* e"!".("!" )er"/"n (e(-en!#' r+"n. r+"n )er#"*""n e)er!i '(i"ri in$e)en$en $"n '(i!e "#$i!, !")i Good Corporate Governance "$"/"* e-"+"i("n" (eni)!"'"n )en+e//""n )er#"*""n &"n+ )r9ein"/ (e/"/#i )ener")"n i!e( "'#n!"ni $"n 'e#"n+"n &"n+ (e(en#*i !"n$"r er!" -"+"i("n" ("n"%e(en $i/en+'")i $en+"n i!e( !e'n/+i in9r("i &"n+ (en$#'#n+ )er"in"/ )er#"*""n Good Corporate Governance (e()#n&"i  !#%#"n #!"(", "n!"r" /"in : 1? 2? 3? 4? ?

Me/in$#n+i *"' $"n 'e)en!in+"n )e(e+"n+ "*"( Me/in$#n+i *"' $"n 'e)en!in+"n !"'e*/$er /"inn&" Menin+'"!'"n ni/"i "*"( $"n )er#"*""n Menin+'"!'"n 'iner%" e"n K(i"ri $"n M"n"%e(en Menin+'"!'"n (#!# *#-#n+"n e"n K(i"ri $"n M"n"%e(en Se(#" 'e+i"!"n $"/"( r"n+'" )en")"i"n !#%#"n $ie/en++"r"'"n $en+"n i!e(

)en+en$"/i"n in!ern"/ &"n+ (en"'#) : 1? Pen+en$"/i"n !er!r#'!#r !err$iri "!" : . In!er+ri!", ni/"i e!i'" $"n '()e!eni '"r&""n . 7i/9i $"n +"&" ("n"%e(en . Keei(-"n+"n !"n++#n+ %""- $"n 'een"n+"n . Pen+e(-"n+"n #(-er$"&" ("n#i" . Ar"*"n $"ri $ire'i 2? Pen+'"%i"n $"n )en+e//""n rii' #"*" 3? Pen+en$"/i"n (en&e/#r#* $i e!i") #ni!, ")e' $"n !in+'"!"n 4? Ke!""!"n )"$" )er"!#r"n $"/"( )e/"'"n""n, )e/")r"n $"n )er!"n++#n+%""-"n ? Si!e( (ni!rin+ $en+"n $#'#n+"n "#$i! in!ern"/ 2.' Ma!-aat G/ Crrate Ger!a!e

Se-"+"i("n" !e/"* $i'e(#'"'"n e-e/#(n&", !#%#"n )ener")"n Good Corporate Governance "$"/"* #n!#' (enin+'"!'"n 'iner%" r+"ni"i er!" (ene+"* "!"#

Makalah Seminar Akuntansi (Good Corporate Governance)  


(e()er'ei/ )e/#"n+ )r"'!i' ("ni)#/"i $"n 'e"/"*"n i+ni9i'"n $"/"( )en+e//""n 'e+i"!"n r+"ni"i T%"+er $'' >2003? (en+"!"'"n -"*" )"/in+ !i$"' "$" /i(" "/""n (en+")" )ener")"n Good Corporate Governance i!# -er("n9""!, &"i!# : 1 er$""r'"n #rvei &"n+ $i/"'#'"n /e* MKine&F=()"n& (en#n%#'"n -"*" )"r" inve!r in!i!#in"/ /e-i* (en"r#* 'e)er"&""n !er*"$") )er#"*""n. )er#"*""n $i Ai" &"n+ !e/"* (ener")'"n Good Corporate Governance 2 er$""r'"n -er-"+"i "n"/ii, !ern&"!" "$" in$i'"i 'e!er'"i!"n "n!"r" !er%"$in&" 'rii 9in"ni"/ $"n 'rii -er'e)"n%"n+"n $i Ai" $en+"n /e("*n&" !"!" 'e//" )er#"*""n 3 In!ern"i"n/i"i )""r !er("#' /i-er"/i"i )""r 9in"ni"/ $"n )""r ($"/ (en#n!#! )er#"*""n #n!#' (ener")'"n Good Corporate Governance 4 K"/"#)#n Good Corporate Governance -#'"n -"! (#%"r"- #n!#' 'e/#"r $"ri 'rii, i!e( ini $")"! (en%"$i $""r -"+i -er'e(-"n+n&" i!e( ni/"i -"r# &"n+ /e-i* e#"i $en+"n /"n'") -ini &"n+ 'ini !e/"* -"n&"' -er#-"*  Se"r" !ere!i, )r"'!i' GCG $")"! (enin+'"!'"n ni/"i )er#"*""n In$r" S#r&" $"n Iv"n G#!i"v"n$"n" >200;? (en+"!"'"n -"*" !#%#"n $"n ("n9""! $"ri )ener")"n Good Corporate Governance "$"/"* : 1 Me(#$"*'"n "'e !er*"$") inve!"i $(e!i' ("#)#n "in+ 2 Men$")"!'"n -i"&" ($"/ >cost of capital ? &"n+ /e-i* (#r"* 3 Me(-eri'"n 'e)#!#"n &"n+ /e-i* -"i' $"/"( (enin+'"!'"n 'iner%" e'n(i )er#"*""n 4 Menin+'"!'"n 'e&"'in"n $"n 'e)er"&""n $"ri )"r" )e("n+'# 'e)en!in+"n !er*"$") )er#"*""n  Me/in$#n+i $ire'i $"n '(i"ri $"ri !#n!#n"n *#'#( 2.( K!%e /a! Pr,!%, Da%ar G/ Crrate Ger!a!e

T"!" 'e//" 'r)r"! >Good Corporate Governance? %#+" $")"! $i"r!i'"n e-"+"i e-#"* (e!$e $i("n" r+"ni"i $i'e//", $i"!#r, $i"r"*'"n "!"# $i'n!r/ e#"i $en+"n !#%#"n &"n+ #$"* $i!en!#'"n er-"+"i )eer!", &"n+ (e(i/i'i 'e)en!in+"n $"/"(



r+"ni"i, (enen!#'"n "r"* $"n 'iner%" r+"ni"i Mere'" &"n+ -er)"r!ii)"i $"/"( !"!" 'e//" 'r)r"! ini "$"/"* )"r" )e(i/i' "*"(, ("n"%e(en er!" $e"n $ire'!#r K"ren" )"r" )e(e+"n+ "*"( !i$"' e"r" /"n+#n+ (en+e//" )er#"*""n, ("'" $")"! $i"n++") -"*" )"r" )e!in++i ("n"%e(en (er#)"'"n r"n+.r"n+ &"n+ (e(i/i'i 'een"n+"n /"n+#n+ $"/"( (en+"(-i/ 'e)#!#"n &"n+ !er'"i! $en+"n )er"i )er#"*""n Ar!in&", *"'.*"' )'' 'e)#!#"n >)e(e+"n+ "*"(? $i$e/e+"i'"n 'e)"$" "+en >("n"%er? #n!#' -er!in$"' e"r" /e-i* -"i' $"/"( 'e)en!in+"n )rini)"/ Pe(i"*"n 'e)e(i/i'"n $"ri 'n!r/ (en&ir"!'"n 'e*i/"n+"n 'n!r/ &"n+ e9e'!i9 /e* )"r" )e(e+"n+ "*"( "!" 'e)#!#"n.'e)#!#"n ("n"%eri"/ &"n+ (e()en+"r#*i ni/"i 'e'"&""n (ere'" M""/"* !i(-#/ %i'" ("n"%er &"n+ (e(#/"i $"n (en%"/"n'"n 'e)#!#"n.'e)#!#"n %#+" (en&e!#%#i $"n (e("n!"# 'e)#!#"n T"n)" 'en$"/" )"$" ("n"%er (ere'" !in$"'"n $")"! (en+e%"r 'e)en!in+"n (ere'" en$iri $"ri)"$" (ere'" )e(i/i', (en+"/i*'"n )!eni 'e#n!#n+"n !er*"$") 'e)en!in+"n )ri-"$i Tin$"'"n ini (en+#r"n+i 'e#n!#n+"n )"r" )e(e+"n+ "*"( e'"/i+# (enin+'"!'"n %#(/"* '()en"i -"+i ("n"%er )e(e+"n+ "*"( Si!e( corporate governance $i/"'"n"'"n "!" n"(" )e(e+"n+ "*"( #n!#' (ene+"* ("n"%er $"ri (en+e%"r !#%#"n.!#%#"n &"n+ +"+"/ #n!#' (e("'i("/'"n 'ee%"*!er""n )e(e+"n+ "*"( Kn!r/ ini (er#)"'"n 'er"n+'" corporate governance Kn!r/ -er-"+"i )er#"*""n -"i' (e(-"n!# $"/"( (en&e/"r"'"n inen!i9 ("n"%er $en+"n r"n+ )e(e+"n+ "*"( "!"# (e(-"!"i 'ee()"!"n $iri (e(#"'"n -"+i ("n"%er Pe/#"n+ ini $ie-#! e-"+"i agenc cost .&"i!#, -i"&" &"n+ $i'e/#"r'"n /e* )er#"*""n &"n+ -er'"i!"n $en+"n (""/"*.(""/"* e)er!i !#%#"n )e(e+"n+ "*"( $"n ("n"%e(en &"n+ -er-e$" information asmmetr Ai(e!ri in9r("i !er%"$i 'e!i'" ("n"%er (e(i/i'i "'e 'e in9r("i )ri-"$i !en!"n+ )er#"*""n =orporate governance (er#)"'"n "/"! 'n!r/ in!ern"/ $"n e'!ern"/ &"n+ $ir"n"n+ #n!#' (en$"("i'"n

Makalah Seminar Akuntansi (Good Corporate Governance)  ;


("n"%er.)e(e+"n+ "*"( >/e(-"+"? 'n9/i' 'e)en!in+"n &"n+ $i*"i/'"n $"ri )e(i"*"n 'e)e(i/i'"n $"n 'n!r/ Kn!r/ corporate governance &"n+ $i+#n"'"n #n!#' (e("n!"# ")"'"* *"i/ e#"i $en+"n ren"n" >&"i!# )er#"*""n (en")"i !#%#"n &"n+ $iren"n"'"n e)er!i )r9i!"-i/i!" (enin+'"!?, $"n #n!#' (e(!iv"i r+"ni"i &"n+ "'"n in9r("i &"n+ /en+'") #n!#' (en%"+" "!"# (en+#-"* "'!ivi!" r+"ni"i T#%#"n Good Corporate Governance )"$" in!in&" "$"/"* (eni)!"'""n ni/"i !"(-"* -"+i e(#" )i*"' &"n+ -er'e)en!in+"n Pi*"'.)i*"' !ere-#! "$"/"* )i*"' in!ern"/ &"n+ (e/i)#!i $e"n '(i"ri, $ire'i, '"r&""n, $"n )i*"' e'!ern"/ &"n+ (e/i)#!i inve!r, 're$i!#r, )e(erin!"*, ("&"r"'"! $"n )i*"')i*"' /"in &"n+ -er'e)en!in+"n > stakeholders? "/"( )r"'!i'n&" Good Corporate Governance -er-e$" $i e!i") ne+"r" $"n )er#"*""n '"ren" -er'"i!"n $en+"n i!e( e'n(i, *#'#(, !r#'!#r 'e)e(i/i'"n, i"/ $"n -#$"&" Per-e$""n )r"'!i' ini (eni(-#/'"n -e-er")" veri &"n+ (en&"n+'#! )rini).)rini) Good Corporate Governance, n"(#n )"$" $""rn&" (e()#n&"i -"n&"' 'e"(""n Kne) Good Corporate Governance e"r" e$er*"n" $")"! $i+"(-"r'"n e)er!i ini : W"$"* M$e/

Or+"ni"i >)er#"*""n, i"/, )e(erin!"*"n? S#"!# i!e(, )re, $"n e)er"n+'"! )er"!#r"n, !er("#' )rini).)rini), er!" ni/"i.ni/"i &"n+ (e/"n$"i )r"'!i'

T#%#"n

-ni &"n+ e*"! Menin+'"!'"n 'iner%" r+"ni"i . Meni)!"'"n ni/"i !"(-"* -"+i e(#" )e("n+'# .

.

'e)en!in+"n Mene+"* $"n (en+#r"n+i ("ni)#/"i er!" 'e"/"*"n

.

&"n+ i+ni9i'"n $"/"( )en+e//""n r+"ni"i Menin+'"!'"n #)"&" "+"r )"r" )e("n+'# 'e)en!in+"n !i$"' $ir#+i'"n



Me'"ni(e

.

Men+"!#r $"n (e()er!e+" 'e(-"/i *#-#n+"nn, )er"n,

.

een"n+, $"n !"n++#n+ %""- : "/"( "r!i e()i! : "n!"r )e(i/i'J )e(e+"n+ "*"(,

.

$e"n '(i"ri, $"n $e"n $ire'i "/"( "r!i /#" : "n!"r e/#r#* )e("n+'# 'e)en!in+"n

Prini) #!"(" Good Corporate Governance "$"/"*: 'e!er-#'""n, in!e+ri!" $"n "'#n!"-i/i!" Se$"n+'"n (en#r#! #rgani$ation for %conomic Corporation and &evelopment "!"# OE=, )rini) $""r 5=5 "$"/"*: 'e"%"r"n (fairness), "'#n!"-i/i!" (accountabilit), !r"n)"r"ni (transparenc?, $"n re)ni-i/i!" (responsibilit). Prini). )rini) !ere-#! $i+#n"'"n #n!#' (en+#'#r e-er")" %"#* Good Corporate Governance !e/"* $i!er")'"n $"/"( )er#"*""n E()"! )rini) $""r Good Corporate Governance (en#r#! OE= "$"/"*:

1 Ke"%"r"n > fairness) Prini) 'e"%"r"n (ene'"n'"n )"$" "$"n&" )er/"'#"n $"n %"(in"n *"'.*"' &"n+ "(" 'e)"$" )e(e+"n+ "*"( (inri!" ("#)#n ("&ri!", !er("#' *"'.*"' )e(e+"n+ "*"( "in+ er!" inve!r /"inn&" Pr"'!i' 'e"%"r"n %#+" (en"'#) "$"n&" i!e( *#'#( $"n )er"!#r"n er!" )ene+"'"nn&" &"n+ %e/" $"n -er/"'# -"+i e(#" )i*"' H"/ ini )en!in+ #n!#' (e/in$#n+i 'e)en!in+"n )e(e+"n+ "*"( $"ri )r"'!i' 'e#r"n+"n > fraud ? $"n )r"'!i'.)r"'!i' ini$er !r"$in+ &"n+ $i/"'#'"n /e* "+enJ("n"%er

Prini) 'e"%"r"n ini $i("'#$'"n #n!#'

(en+"!"i (""/"* &"n+ !i(-#/ $"ri "$"n&" *#-#n+"n 'n!r"' "n!"r" )e(i/i' $"n ("n"%er '"ren" $i"n!"r" 'e$#" )i*"' !ere-#! (e(i/i'i 'e)en!in+"n &"n+ -er-e$" >conflict of interest ? 2 A'#n!"-i/i!" >accountabilit? Prini) "'#n!"-i/i!" -er*#-#n+"n $en+"n "$"n&" i!e( &"n+ (en+en$"/i'"n *#-#n+"n "n!"r" #ni!.#ni! )en+"""n &"n+ "$"

Makalah Seminar Akuntansi (Good Corporate Governance)  <


$i)er#"*""n A'#n!"-i/i!" $i/"'"n"'"n $en+"n "$"n&" $e"n '(i"ri $"n $ire'i in$e)en$en, $"n '(i!e "#$i! A'#n!"-i/i!" $i)er/#'"n e-"+"i "/"* "!# /#i (en+"!"i Agenc roblem &"n+ !i(-#/ "n!"r" )e(e+"n+ "*"( $"n $ire'i er!" )en+en$"/i"nn&" /e* '(i"ri Pr"'!i'.)r"'!i' &"n+ $i*"r")'"n (#n#/ $"/"( (ener")'"n "'#n!"-i/i!" $i"n!"r"n&" )e(-er$"&""n $e"n '(i"ri #n!#' (e/"'#'"n (ni!rin+, ev"/#"i, $"n )en+en$"/i"n !er*"$") ("n"%e(en +#n" (e(-eri'"n %"(in"n )er/in$#n+"n 'e)"$" )e(e+"n+ "*"( $"n )e(-"!""n 'e'#"""n &"n+ %e/" $i %"%"r"n $ire'i 3 Tr"n)"r"ni >transparenc? Prini) $""r !r"n)"r"ni -er*#-#n+"n $en+"n '#"/i!" in9r("i &"n+ $i"%i'"n /e* )er#"*""n Ke)er"&""n inve!r "'"n "n+"! !er+"n!#n+ $en+"n '#"/i!" in9r("i &"n+ $i"()"i'"n )er#"*""n O/e* '"ren" i!# )er#"*""n $i!#n!#! #n!#' (en&e$i"'"n in9r("i &"n+ %e/", "'#r"!, !e)"! "'!# $"n $")"! $i-"n$in+'"n Prini) ini $i#%#$'"n "n!"r" /"in i!e( "'#n!"ni &"n+ (en%"(in

"$"n&"

$en+"n (en+e(-"n+'"n

-er-"i'"n !"n$"r "'#n!"ni $"n

/")r"n

'e#"n+"n $"n

)en+#n+'")"n

best practices &"n+ &"n+

-er'#"/i!",

(en+e(-"n+'"n !e'n/+i in9r("i $"n i!e( in9r("i "'#n!"ni ("n"%e(en #n!#'

(en%"(in "$"n&"

)en+#'#r"n 'iner%" &"n+

(e("$"i $"n )re

)en+"(-i/"n 'e)#!#"n &"n+ e9e'!i9 /e* $e"n '(i"ri $"n $ire'i !er("#' %#+" (en+#(#('"n %"-"!"n &"n+ 'n+ e"r" !er-#'", $en+"n '"!" /"in )rini) !r"n)"r"ni ini (en+*en$"'i "$"n&" 'e!er-#'""n $"/"( (e/"'"n"'"n )re )en+"(-i/"n 'e)#!#"n $"n 'e!er-#'""n $"/"( )en&"%i"n >disclosure? in9r("i &"n+ $i(i/i'i )er#"*""n 4 Re)ni-i/i!" (responsibilit). Re)ni-i/i!" $i"r!i'"n e-"+"i !"n++#n+%"" )er#"*""n e-"+"i "n++!" ("&"r"'"! #n!#' (e("!#*i )er"!#r"n $"n *#'#( &"n+ -er/"'# er!" )e(en#*"n !er*"$") 'e-#!#*"n.'e-#!#*"n i"/ Re)ni-i/i!"



(ene'"n'"n )"$" "$"n&"

i!e( &"n+ %e/"

#n!#'

(en+"!#r (e'"ni(e

)er!"n++#n+%""-"n )er#"*""n 'e)"$" )e(e+"n+ "*"( $"n )i*"'.)i*"' /"in &"n+ -er'e)en!in+"n H"/ !ere-#! #n!#' (ere"/i"i'"n !#%#"n &"n+ *en$"' $i")"i Good Corporate Governance &"i!# (en+"'($"i 'e)en!in+"n )i*"'.)i*"' &"n+ -er'"i!"n $en+"n )er#"*""n e)er!i ("&"r"'"!, )e(erin!"*, "i"i -ini $"n )i*"'.)i*"' /"inn&"

Men#r#! KNK5 Corporate Governance (e(i/i'i -e-er")" )rini) $"n )rini) ini $i)"!i'"n

$")"!

$i!er")'"n

)"$"

e!i")

")e'

-ini

$"n

$ie(#"

%"%"r"n

)er#"*""n S"/"* "!# &"n+ -e/#( $ie-#!'"n $i "!" "$"/"* : In$e)en$eni >In$e)en$en&?

Un!#'

)e/"'"n""n

)rini).)rini) Corporate

Governance /"inn&" &"i!# !r"n)"r"ni, "'#n!"-i/i!", re)ni-i/i!", er!" 'e"%"r"n $"n 'ee!"r""n, )er#"*""n *"r# $i'e//" e"r" in$e)en$en e*in++" ("in+.("in+ r+"n )er#"*""n $")"! -er9#n+i !"n)" "/in+ (en$(in"i $"n !i$"' $")"! $i in!erveni /e* )i*"' /"in A$")#n )rini) Corporate Governance &"n+ $i!er-i!'"n /e* OE= $"/"( *#-#n+"nn&" $en+"n !"!" 'e//" "$"n U"*" Mi/i' Ne+"r" >UMN?, Men!eri Ne+"r" UMN %#+" (en+e/#"r'"n 'e)#!#"n N(r Ke).11;JM.MUJ2002 !en!"n+ Pener")"n 5=5 >T%"+er $'', 2003? A$" /i(" )rini) (en#r#! 'e)#!#"n ini, &"i!# : . . . . .

Ke"%"r"n > fairness? Tr"n)"r"ni A'#n!"-i/i!" Per!"n++#n+%""-"n Ke("n$iri"n Prini).)rini)

Good Corporate

Governance

i)!""n

"he

AS- Corporate

Governance &"n+ %#+" -i"" (ere'" e-#! "he rinciples of Good Corporate Governance and 'est ractice ecommendation "$"/"* e-"+"i -eri'#!:



1? Me(-"n+#n /"n$""n 'er%" &"n+ '#"! -"+i ("n"%e(en )er#"*""n $"n $e"n $ire'i #n!#' $")"! (en")"i !#%#"n -ini (ere'" e"r" -er*"i/, )er#"*""n "%i(e(-"n+#n 'e"$"r"n )"r" "n++!" ("n"%e(en "!" *"' $"n !"n++#n+%""(ere'" 'oard of &irectors "%i- (en+*"&"!i $"n (e/"'"n"'"n *"' (ere'" er!" (en+en$"/i'"n $"n (en+""i 'e+i"!"n -ini )er#"*""n /) Men&##n !r#'!#r r+"ni"i the 'oard of &irectors &"n+ $")"! (en%"(in e9e'!ivi!" 'er%" $"n (enin+'"!'"n ni/"i )er#"*""n. 0) Men+e(-"n+'"n 'e-i"""n (en+"(-i/ 'e)#!#"n

&"n+

e!i

$"n

$")"!

$i)er!"n++#n+%""-'"n Ke-i"""n !ere-#! *"r# $i(#/"i $"ri !in+'"! "!" $"/"( r+"ni"i )er#"*""n 1) Men%"+" in!e+ri!" /")r"n 'e#"n+"n "he AS- Corporate Governance Council (en+"n%#r'"n ("n"%e(en )er#"*""n )#-/i (en&##n /")r"n 'e#"n+"n !en+"* !"*#n"n $"n (en&"()"i'"nn&" 'e)"$" 'oard of &irectors $"n e/"n%#!n&" the 'oard "'"n (ener#'"nn&" 'e)"$" )"r" )e(e+"n+ "*"( 2) Men+#n+'")'"n e(#" in9r("i !en!"n+ 'n$ii $"n )er'e(-"n+"n )er#"*""n 'e)"$" )"r" )e(e+"n+ "*"( e"r" !e)"! "'!# $"n ei(-"n+ 3) Men+*r("!i *"' $"n 'e)en!in+"n )"r" )e(e+"n+ "*"( 4) Men$""ri "$"n&" rei' -ini $"n (en+e//"n&" e"r" )r9ein"/ Per#"*""n &"n+ $i!"!" 'e//" e"r" e*"! !en!# (en&##n )re$#r er!" (en+ev"/#"i rei' -ini $"n inve!"i &"n+ (#n+'in "'"n (ere'" *"$")i, /e* e-"- i!# (ere'" *"r# (en+e//" rei' -ini e"r" )r9ein"/ 5) Men$rn+ )enin+'"!"n 'iner%" 'oard of &irectors $"n ("n"%e(en )er#"*""n.
Me'"ni(e corporate governance (er#)"'"n #"!# "!#r"n ("in, )re$#r $"n *#-#n+"n &"n+ %e/" "n!"r" )i*"' &"n+ (en+"(-i/ 'e)#!#"n $en+"n )i*"' &"n+ (e/"'#'"n 'n!r/J)en+"""n !er*"$") 'e)#!#"n !ere-#! Me'"ni(e corporate governance $i"r"*'"n #n!#' (en%"(in $"n (en+""i -er%"/"nn&" i!e( governance



$"/"( e-#"* r+"ni"i Ter$")"! $#" (e'"ni(e #n!#' (e(-"n!# (en&"("'"n )er-e$""n 'e)en!in+"n "n!"r" )e(e+"n+ "*"( $"n ("n"%er $"/"( r"n+'" )ener")"n Good Corporate Governance, &"i!#: >1? (e'"ni(e )en+en$"/i"n in!ern"/ )er#"*""n, $"n >2? (e'"ni(e )en+en$"/i"n e'!ern"/ -er$""r'"n )""r Me'"ni(e )en+en$"/i"n in!ern"/ "$"/"* )en+en$"/i"n )er#"*""n &"n+ $i/"'#'"n $en+"n (e(-#"! e)er"n+'"! "!#r"n &"n+ (en+"!#r !en!"n+ (e'"ni(e -"+i *"i/, -"i' &"n+ -er#)" 'e#n!#n+"n, re!#rn ("#)#n rii'.rii' &"n+ $ie!#%#i /e* )rini)"/ $"n "+en S"/"* "!# )i/i*"n (e'"ni(e )en+en$"/i"n in!ern"/ #n!#' (en&"("'"n 'e)en!in+"n )e(e+"n+ "*"( $"n ("n"%er "$"/"* 'n!r"' inen!i9 %"n+'" )"n%"n+ Kn!r"' %"n+'" )"n%"n+ ini $i/"'#'"n $en+"n (e(-eri'"n inen!i9 )"$" (en"%er ")"-i/" ni/"i )er#"*""n "!"# 'e("'(#r"n )e(e+"n+ "*"( (enin+'"!, "/"* "!#n&" $en+"n "r" (e(-eri 'e)e(i/i'"n "*"( 'e)"$" ("n"%er en+"n $e(i'i"n, ("n"%er "'"n !er(!iv"i #n!#' (enin+'"!'"n ni/"i )er#"*""n "!"# (enin+'"!'"n 'e("'(#r"n )e(e+"n+ "*"( '"ren" *"/ !ere-#! %#+" "'"n (enin+'"!'"n 'e'"&""n ("n"%er en$iri Me'"ni(e )en+en$"/i"n e'!ern"/ "$"/"* )en+en$"/i"n )er#"*""n &"n+ $i/"'#'"n /e* )""r Men#r#! !eri )""r #n!#' )en+en$"/i"n )er#"*""n >market for corporate control ?, )"$" ""! $i'e!"*#i -"*" ("n"%e(en -er)eri/"'# (en+#n!#n+'"n $iri en$iri, 'iner%" )er#"*""n "'"n (en#r#n &"n+ $ire9/e'i'"n /e* ni/"i "*"( )er#"*""n P"$" 'n$ii !ere-#!, 'e/()' (en"%er /"in "'"n (en++"n!i'"n ("n"%er &"n+ e$"n+ (e(e+"n+ %"-"!"n en+"n $e(i'i"n -e'er%"n&" market for corporate control -i" (en+*"(-"! !in$"'"n (en+#n!#n+'"n $iri ("n"%er en$iri Me'"ni(e )en+en$"/i"n /"in &"n+ e"r" /#" $i+#n"'"n $"n $i*"r")'"n $")"! (en&e/"r"'"n !#%#"n )rini)"/ $"n "+en "$"/"* (e'"ni(e (e/"/#i )e/")r"n 'e#"n+"n Me/"/#i /")r"n 'e#"n+"n &"n+ (er#)"'"n !"n++#n+%""- ("n"%er, )e(i/i' $")"! (en+#'#r, (eni/"i, e'"/i+# $")"! (en+""i 'iner%" ("n"%er #n!#' (en+e!"*#i e%"#* ("n" (en"%er !e/"* -er!in$"' #n!#'



(enin+'"!'"n 'ee%"*!er""n )e(i/i' Se/"in i!# )e(i/i' $")"! (e(-eri'"n '()en"i 'e)"$" ("n"%er -er$""r'"n /")r"n 'e#"n+"n L")r"n 'e#"n+"n &"n+ $i-#"! $en+"n -er$""r'"n "n+'"."n+'" "'#n!"ni $i*"r")'"n -er)er"n -e"r $"/"( (e(ini("/'"n 'n9/i' "n!"r" -er-"+"i )i*"' &"n+ -er'e)en!in+"n $"/"( )er#"*""n Me'i)#n #)"&" )ener")"n Good Corporate Governance !er# -er/"n+#n+, n"(#n )r"'!i' Good Corporate Governance $i )er#"*""n $i In$nei" ("i* "$" 'e/e("*"n. 'e/e("*"n Pr"'!i'.)r"'!i' $i In$nei" &"n+ -er!en!"n+"n $en+"n 'ne) Good Corporate Governance $")"! $i'e/()''"n (en%"$i >"? "$n&" 'nen!r"i 'e)e(i/i'"n /e* )i*"' !er!en!# &"n+ (e(#n+'in'"n !er%"$in&" *#-#n+"n "9i/i"i "n!"r" )e(i/i', )en+"", $"n $ire'!#r

)er#"*""n, >-? !i$"' e9e'!i9n&" $e"n '(i"ri, $"n >?

/e("*n&" law enforcement  K"r"'!eri!i' /e("*n&" Corporate Governance &"n+ (e/e'"! $i )er#"*""n. )er#"*""n In$nei" $"n !er%"$in&" -er-"+"i '"n$"/ (en&e-"-'"n ren$"*n&" )eni/"i"n )ener")"n

Corporate Governance $i In$nei" &"n+ (ene()"!'"n In$nei" $i

)erin+'"! &"n+ )"/in+

-""* #n!#' i/"&"* ASEAN Ini (e("n+ #'#)

(e()ri*"!in'"n e*in++" )er/# "$"n&" )er"n "'!i9 $"ri -er-"+"i )i*"' &"n+ !er/i-"! $i $"/"( )er-"i'"n 'iner%" )er#"*""n Me("n+ #$"* -"n&"' "!#r"n $"n 'e-i%"'"n. 'e-i%"'"n &"n+ "$" #n!#' -er#)"&" (ene+"''"n )rini) Good Corporate Governance, n"(#n $"/"( )r"'!i'n&" ("i* -e/#( )!i("/ e*in++" ("i* )er/# $i"!#r /"+i "!"# $irevii "!#r"n &"n+ #$"* "$" "/"( (e#%#$'"n Good Corporate Governance )"$" )er#"*""n.)er#"*""n $i In$nei", !er$")"! $#" ")e' 'eei(-"n+"n, &"i!# 'eei(-"n+"n in!ern"/ $"n e'!ern"/ Keei(-"n+"n in!ern"/ $i/"'#'"n $en+"n "r" (en&"%i'"n in9r("i &"n+ -er+#n" $"/"( ev"/#"i 'iner%", in9r("i !en!"n+ #(-er $"&" &"n+ $i(i/i'i )er#"*""n

e(#"

!r"n"'i $"n 'e%"$i"n in!ern"/, $"n in9r("i #n!#' 'e)#!#"n ("n"%e(en in!ern"/



Se$"n+'"n 'eei(-"n+"n e'!ern"/ $i/"'#'"n $en+"n "r" (en&"%i'"n in9r("i -ini 'e)"$"

)"r" )e(e+"n+

"*"(,

're$i!#r,

-"n', $"n r+"ni"i

/"inn&"

&"n+

-er'e)en!in+"n Un!#' (e#%#$'"n $#" ")e' 'eei(-"n+"n !ere-#!, !er$")"! e()"! )rini) $""r )r"'!i' Good Corporate Governance &"n+ !e/"* $i-"*" $i $e)"n Kee()"! )rini) $""r ini *"r# (en%"$i "#"n $"/"( )en&e/en++"r""n )er#"*""n S"/"*  "!# "r" #n!#' (e#%#$'"nn&" "$"/"* $en+"n (en&e$i"'"n in9r("i e"r" !er-#'" $"n /en+'") !en!"n+ "'!ivi!" &"n+ $i/"'#'"n )er#"*""n $"/"( /")r"n 'e#"n+"n !"*#n"nn&" S!"n$"r A'#n!"ni Ke#"n+"n >SAK? 1<<4 !e/"* (en&"!"'"n -"*" in9r("i &"n+ $i"%i'"n $i $"/"( /")r"n 'e#"n+"n *"r# (en+i'#!i )rini) 9#// $i/#re &"n+ (er#)"'"n -"+i"n $"ri #)"&" )ene+"'"n 5=5 )en+#n+'")"n, !er$")"! !i+" )rini) &"i!#

"/"( '"i!"nn&" $en+"n )rini)

8ade9uate, fair, dan full8  e-er")" )ene/i!i

!e/"* (e/"'#'"n !#$i #n!#' (en+#%i disclosure 9ualit "!" in9r("i $"/"( /")r"n 'e#"n+"n &"n+ $i)#-/i'"i'"n /e* )er#"*""n e(i!en, $"n -e-er")" -#'!i !en!"n+ 'e+#n""n in9r("i &"n+ $i#n+'")'"n $"/"( /")r"n 'e#"n+"n, (en+"n$#n+ #n#r predictive value. I" (e/"'#'"n !#$i (en+en"i ("n9""! r"i.r"i 'e#"n+"n #n!#' (e()re$i'i 9"i/#re >'e+"+"/"n #"*" (en#%# 'e-"n+'r#!"n? H"i/n&" (en&"!"'"n -"*" $en+"n (en++#n"'"n "n"/ii r"i 'e#"n+"n, 'e+"+"/"n #"*" $")"! $i)re$i'i e-e/#(n&" i In$nei", Ari9in >1<<8? (e/"'#'"n )ene/i!i"n !en!"n+ )rini) 9#// $i/#re $"/"( /")r"n 'e#"n+"n )er#"*""n

)#-/i' $en+"n '#"/i!" in9r("i

"'#n!"ni >re/ev"n, re/i"-e/, $"n '()"r"-e/? H"i/n&" (en#n%#''"n -"*" )ener")"n )rini) full disclosure $")"! (en$#'#n+ re/i"-i/i!" in9r("i "'#n!"ni $"/"( /")r"n 'e#"n+"n, n"(#n !i$"' (en$#'#n+ re/ev"ni $"n '()"r"-i/i!" in9r ("i "'#n!"ni "/"( *#-#n+"nn&" $en+"n )rini) Good Corporate Governance, )er"n "'#n!"n e"r" i+ni9i'"n !er/i-"! $"/"( -er-"+"i "'!ivi!" )ener")"n ("in+.("in+ )rini) Good Corporate Governance e-"+"i -eri'#!:

Makalah Seminar Akuntansi (Good Corporate Governance)  1


1 Prini) Ke"%"r"n > fairness? L")r"n 'e#"n+"n $i'"!"'"n "%"r -i/" /")r"n 'e#"n+"n !ere-#! (e()er/e* )ini "!"# )en$")"! "%"r !"n)" )en+e#"/i"n >#n#"/i9ie$ )inin? $"ri "'#n!"n )#-/i' L")r"n 'e#"n+"n &"n+ "%"r -er"r!i /")r"n 'e#"n+"n !ere-#! !i$"' (en+"n$#n+ "/"* "%i ("!eri"/, $i"%i'"n e"r" "%"r e#"i $en+"n )rini) "'#n!"ni -er!eri(" #(#( $i In$nei" >$"/"( *"/ ini "$"/"* S!"n$"r A'#n!"ni Ke#"n+"n? Per"n "'#n!"n in$e)en$en >"'#n!"n )#-/i'? "$"/"*

(e(-eri'"n 'e&"'in"n "!" '#"/i!" in9r("i

'e#"n+"n $en+"n

(e(-eri'"n )en$")"! &"n+ in$e)en$en "!" 'e"%"r"n )en&"%i"n in9r("i $"/"( /")r"n 'e#"n+"n A$"n&" 'e"%"r"n /")r"n 'e#"n+"n

$")"!

(e()en+"r#*i

inve!r #n!#' (e(-e/i "!"# (en"ri' "*"(&" )"$" e-#"* )er#"*""n @e/"/"* -"*" 'e+#n""n in9r("i "'#n!"ni $"/"( /")r"n 'e#"n+"n "'"n $i)en+"r#*i /e* "$"n&" 'e"%"r"n )en&"%i"n Ke"%"r"n )en&"%i"n $")"! $i)en#*i %i'" $"!" &"n+ "$" $i$#'#n+

/e* "$"n&"

-#'!i.-#'!i

&"n+

"*

$"n

-en"r

er!"

)en&"%i"nn&" !i$"' $i!#%#'"n *"n&" #n!#' e'e/()' r"n+.r"n+ !er!en!# 2 Prini)

A'#n!"-i/i!"

>accountabilit?

("n"%e(en (e/"/#i )en+"""n &"n+ "#$i! K(i!e "#$i!

"$"/"*

(er#)"'"n

!"n++#n+

%""-

e9e'!i9 &"i!# $en+"n $i-en!#'n&" '(i!e

(e()#n&"i !#+" #!"(" #n!#' (e/in$#n+i

'e)en!in+"n

)e(e+"n+ "*"( "!"#)#n )i*"'.)i*"' /"in &"n+ -er'e)en!in+"n $en+"n (e/"'#'"n !in%"#"n "!" re/i"-i/i!" $"n

in!e+ri!" in9r("i $"/"( /")r"n 'e#"n+"n $"n

/")r"n )er"in"/ /"in -eer!" 'ri!eri" #n!#' (en+#'#r, (e/"'#'"n '/"i9i'"i $"n )en&"%i"n $"ri /")r"n !ere-#! $i)er/#'"n $"n

Un!#' "/""n i!#/"* )r9ei "'#n!"n "n+"!

(e()#n&"i )er"n"n &"n+ )en!in+ #n!#'

(ene+"''"n )rini)

"'#n!"-i/i!" A'#n!"-i/i!" $i)er/#'"n e-"+"i "/"* "!# /#i (en+"!"i agenc problem &"n+ !i(-#/ "n!"r" )e(e+"n+ "*"( >)rini)"/? $"n ("n"%e(en >"+en? en+"n "$"n&" in$e)en$eni $"ri '(i!e "#$i! !ere-#! "'"n (e()en+"r#*i inve!r



$"/"( (e/"'#'"n )i/i*"nn&" #n!#' (e(-e/i "!"# (e/e)" #"!# "*"( &"n+ -i" $i/i*"! $"ri "$"n&" "-nr("/ return 3 Prini) Tr"n)"r"ni >transparenc? Prini) !r"n)"r"ni -er*#-#n+"n $en+"n '#"/i!" in9r("i &"n+ $i"()"i'"n )er#"*""n Ke)er"&""n inve!r "'"n "n+"! !er+"n!#n+ $en+"n '#"/i!" )en&"%i"n in9r("i &"n+ $i"()"i'"n )er#"*""n O/e* '"ren" i!# "'#n!"n ("n"%e(en >&"n+ -e'er%" )"$" )er#"*""n? $i!#n!#! #n!#' (en&e$i"'"n in9r("i &"n+ %e/", "'#r"!, !e)"! $en+"n in$i'"!r.in$i'"!r &"n+ "rn"

"'!# $"n $")"! $i-"n$in+'"n

Un!#' i!# in9r("i &"n+

"$" $"/"(

)er#"*""n *"r# $i#'#r, $i"!"!, $"n $i/")r'"n /e* "'#n!"n e#"i $en+"n )rini) $"n !"n$"r "'#n!"ni &"n+ -er/"'# Prini) !r"n)"r"ni ini (en+*en$"'i "$"n&" 'e!er-#'""n $"/"( (e/"'"n"'"n )re )en+"(-i/"n 'e)#!#"n $"n 'e!er-#'""n $"/"( )en&"%i"n &"n+ /en+'") >disclosure? "!" e(#" in9r("i &"n+

$i(i/i'i

)er#"*""n Per"n "'#n!"n ("n"%e(en, in!ern"/ "#$i!r, $"n '(i!e "#$i! (en%"$i )en!in+ !er#!"(" $"/"( *"/ )en&"%i"n in9r("i "'#n!"ni $"/"( /")r"n 'e#"n+"n )er#"*""n e"r" !r"n)"r"n 'e)"$" )e("'"in&" Pr"'!i' $"/"(

r"n+'"

!r"n)"r"ni

$i"n!"r"n&"

&"n+ $i'e(-"n+'"n

)er#"*""n

$i"%i-'"n

#n!#'

(en+#n+'")'"n !r"n"'i.!r"n"'i )en!in+ &"n+ -er'"i! $en+"n )er#"*""n, rii' &"n+ $i*"$")i $"n ren"n"J'e-i%"'"n )er#"*""n >corporate action?

&"n+ "'"n

$i%"/"n'"n Se/"in i!#, )er#"*""n %#+" )er/# #n!#' (en&"()"i'"n 'e)"$" e(#" )i*"' !en!"n+ !r#'!#r 'e)e(i/i'"n )er#"*""n er!" )er#-"*"n.)er#-"*"n &"n+ !er%"$i 4 Prini)

Re)ni-i/i!"

>responsibilit?

Prini)

!"n++#n+%""- )er#"*""n e-"+"i "n++!"

ini

-er*#-#n+"n

$en+"n

("&"r"'"! &"i!# $en+"n "r"

(en+"'($"i 'e)en!in+"n )i*"'.)i*"' &"n+ -er'"i!"n $en+"n )er#"*""n e)er!i ("&"r"'"!, )e(erin!"*, "i"i -ini $"n e-"+"in&" Prini) ini -er'"i!"n %#+"

Makalah Seminar Akuntansi (Good Corporate Governance)  1;


$en+"n 'e"%i-"n )er#"*""n #n!#' (e("!#*i e(#" )er"!#r"n $"n *#'#( &"n+ -er/"'# Seirin+ $en+"n )er#-"*"n i"/ ("&"r"'"! &"n+ (en#n!#! "$"n&" !"n++#n+%""- i"/ )er#"*""n, )r9ei "'#n!"n %#+" (en+"/"(i )er#-"*"n )er"n P"n$"n+"n )e(e+"n+ "*"( $"n !"'e*/$er /"inn&" ""! ini !i$"' *"n&" (e(9'#'"n )"$" )er/e*"n

/"-" )er#"*""n !e!")i %#+" (e()er*"!i'"n

!"n++#n+%""- i"/ $"n /in+'#n+"n )er#"*""n Se/"in i!# 'e/"n+#n+"n *i$#) )er#"*""n !i$"' *"n&" $i!en!#'"n /e* )e(e+"n+ "*"( !e!")i %#+"

/e*

!"'e*/$er &"n+ /"in >(i"/n&" ("&"r"'"! $"n )e(erin!"*? 2.6 Fatr Pert,$3a!"a! /ala$ I$le$e!ta%, G/ Crrate Ger!a!e

Good corporate governance (en%"$i "/"* "!# $"&" !"ri' inve!r $i"()in+ i!# %#+" $")"! (en%"$i $"&" !"ri' )"r" 're$i!r #n!#' ("# (e(in%"('"n $"n"n&" 'e)"$" )er#"*""n W"/"#)#n $e(i'i"n !i$"' "$" %"(in"n -"*" e!i") )er#"*""n &"n+ (ener")'"n )rini).)rini) good corporate governance "'"n !er*in$"r $"ri 'e"/"*"n $"n 'e+"+"/"n 7"'!r.9"'!r &"n+ $")"! $i)er!i(-"n+'"n $"/"( )ener")"n Good Corporate Governance >5=5? !er$iri "!" 9"'!r e'!ern"/ $"n in!ern"/ 7"'!r in!ern"/ "$"/"* )en$rn+ 'e-er*"i/"n )e/"'"n""n )r"'!e' good corporate governance &"n+ -er""/ $"ri $"/"( )er#"*""n e-er")" 9"'!r &"n+ $i("'#$ "n!"r" /"in:

1? Ter$")"!n&" -#$"&" )er#"*""n >corporate culture? &"n+ (en$#'#n+ )ener")"n good corporate governance $"/"( (e'"ni(e er!" i!e( 'er%" ("n"%e(en $i )er#"*""n 2? er-"+"i )er"!#r"n $"n 'e-i%"'"n &"n+ $i'e/#"r'"n )er#"*""n (en+"# )"$" )ener")"n ni/"i.ni/"i good corporate governance 3? M"n"%e(en )en+en$"/i"n rii' )er#"*""n %#+" $i$""r'"n )"$" '"i$"*.'"i$"* !"n$"r good corporate governance 4? Ter$")"!n&" i!e( "#$i! >)e(eri'""n? &"n+ e9e'!i9 $"/"( )er#"*""n #n!#' (en+*in$"ri e!i") )en&i()"n+"n &"n+ (#n+'in "'"n !er%"$i



? A$"n&" 'e!er-#'""n in9r("i -"+i )#-/i' #n!#' ("()# (e("*"(i e!i") +er"' $"n /"n+'"* ("n"%e(en $"/"( )er#"*""n e*in++" '"/"n+"n )#-/i' $")"! (e("*"(i $"n (n+i'#!i e!i") $er") /"n+'"* )er'e(-"n+"n $"n $in"(i'" )er#"*""n $"ri "'!# 'e "'!# 7"'!r E'!ern"/ "$"/"* -e-er")" 9"'!r &"n+ -er""/ $"ri /#"r )er#"*""n &"n+ "n+"! (e()en+"i 'e-er*"i/"n )ener")"n Good Corporate Governance >5=5? i "n!"r"n&":

1? Ter$")"!n&" i!e( *#'#( &"n+ -"i' e*in++" ("()# (en%"(in -er/"'#n&" #)re("i *#'#( &"n+ 'ni!en $"n e9e'!i9 2? #'#n+"n )e/"'"n""n Good Corporate Governance $"ri e'!r )#-/iJ /e(-"+" )e(erin!"*"n &"n+ $i*"r")'"n $")"! )#/" (e/"'#'"n Good Corporate $"n Clean Corporate (en#%# Good Corporate Governance 3? Ter$")"!n&" n!* )e/"'"n""n good corporate governance &"n+ !e)"! >best practices? &"n+ $")"! (en%"$i !"n$"r )e/"'"n""n good corporate governance &"n+ e9e'!i9 $"n )r9ein"/ en+"n '"!" /"in, e(""( benchmark >"#"n? 4? Ter-"n+#nn&" i!e( !"!" ni/"i i"/ &"n+ (en$#'#n+ )ener")"n good corporate governance $i ("&"r"'"! Ini )en!in+ '"ren" /e"! i!e( ini $i*"r")'"n !i(-#/ )"r!ii)"i "'!i9 -er-"+"i '"/"n+"n ("&"r"'"! #n!#' (en$#'#n+ ")/i'"i er!" i"/i"i good corporate governance e"r" #'"re/" ? H"/ /"in &"n+ !i$"' '"/"* )en!in+n&" e-"+"i )r"&"r"! 'e-er*"i/"n i()/e(en!"i good corporate governance !er#!"(" $i In$nei" "$"/"* "$"n&" e("n+"! "n!i 'r#)i &"n+ -er'e(-"n+ $i /in+'#n+"n )#-/i' $i ("n" )er#"*""n -er)er"i $ier!"i )er-"i'"n (""/"* '#"/i!" )en$i$i'"n $"n )er/#""n )e/#"n+ 'er%" "*'"n $")"! $i'"!"'"n -"*" )er-"i'"n /in+'#n+"n )#-/i "n+"! (e()en+"r#*i '#"/i!" $"n 'r )er#"*""n $"/"( i()/e(en!"i good corporate governance

Makalah Seminar Akuntansi (Good Corporate Governance)  1<


Se/"in 9"'!r e'!ern"/ $"n in!ern"/, ")e' /"in &"n+ )"/in+ !r"!e+i $"/"( (en$#'#n+ )ener")"n good corporate governance e"r" e9e'!i9 "n+"! !er+"n!#n+ )"$" '#"/i!", skill , 're$i-i/i!", $"n in!e+ri!" -er-"+"i )i*"' &"n+ (en++er"''"n r+"n )er#"*""n G"n+ )"!i, %i'" -er-"+"i )rini) $"n ")e' )en!in+ good corporate governance $i/"n++"r #"!# )er#"*""n, ("'" #$"* $")"! $i)"!i'"n )er#"*""n !ere-#! !i$"' "'"n ("()# -er!"*"n /"(" $"/"( )er"in+"n -ini +/-"/

2.* H#3#!"a! G/ Crrate Ger!a!e 4GCG5 /e!"a! Et,a Pr-e%, A#!ta!%, Pr9ei "'#n!"ni (er#)"'"n e-#"* )r9ei &"n+ (en&e$i"'"n %"" "!e!"i ("#)#n

nn."!e!"i 'e)"$" ("&"r"'"! $en+"n $i-"!"i '$e e!i' &"n+ "$" A'#n!"ni e-"+"i )r9ei (e(i/i'i 'e"%i-"n #n!#' (en+"-"i'"n 'e)en!in+"n )ri-"$i $"n (en+i'#!i e!i'" )r9ei &"n+ !e/"* $i!e!")'"n Ke"%i-"n "'#n!"n e-"+"i )r9ein"/ (e()#n&"i !i+" 'e"%i-"n &"i!# '()e!eni, -%e'!i9 $"n (en+#!"("'"n in!e+ri!" "n&"' '"#.'"# &"n+ (e/i-"!'"n )er"n "'#n!"n er!" "$"n&" !"!e(en! &"n+ (en+"!"'"n -"*" "/"* "!# )en&e-"- !er%"$in&" !er%"$in&" 'rii e'n(i In$nei" "$"/"* )r9ei "'#n!"n A'#n!"n )#-/i' -"*'"n $i!#$#* e-"+"i )i*"' &"n+ )"/in+ -e"r !"n++#n+%""-n&" "!" 'e(er!"n )ere'n(i"n In$nei" S!"!e(en! ini (#n#/ '"ren" -e+i!# -e"rn&" )er"n "'#n!"n $"/"( ("&"r"'"! -ini Per"n "'#n!"n $"/"( )er#"*""n !i$"' -i" !er/e)" $"ri )ener")"n )rini) 5$ =r)r"!e 5vern"ne >5=5? $"/"( )er#"*""n Me/i)#!i )rini) 'e"%"r"n >9"irne?, "'#n!"-i/i!"

>"#n!"-i/i!&?,

!r"n)"r"ni

>!r"n)"ren&?,

$"n

re)ni-i/i!"

>re)ni-i/i!&? O/e* '"ren" i!#, "'#n!"n >'*##n&" "'#n!"n )#-/i'? $i*"r")'"n ("()# (en+""i )e/"'"n""n 5$

5vern"ne Un!#'

(e#%#$'"n

!er/"'"n&" 5$

5vern"ne, "'#n!"n )#-/i' $i*"r")'"n (ener")'"n e)en#*n&" '$e e!i' "'#n!"n )#-/i' 5$ 5vern"ne e-"+"i )re $"n !r#'!#r &"n+ $i+#n"'"n #n!#' (en+"r"*'"n $"n (en+e//" -ini $"n 'e+i"!"n )er#"*""n 'e"r"* )enin+'"!"n )er!#(-#*"n -ini $"n "'#n!"n-i/i!" )er#"*""n Pener")"n 5$ 5vern"ne $"/"( KAP -er"r!i (e(-"n+#n '#/!#r, ni/"i.ni/"i er!" e!i'"

-ini

&"n+

(e/"n$"i )en+e(-"n+"n

)eri/"'#

)r9ein"/

"'#n!"n

i!er")'"n 5$ 5vern"ne )"$" KAP, $i*"r")'"n "'"n (e(-eri'"n "r"*"n &"n+ %e/" )"$" )eri/"'# 'iner%" "#$i!r er!" e!i'" )r9ei )"$" KAP U)"&" ini $i("'#$'"n "+"r 'i)r"* ("#)#n )r$#' %"" &"n+ $i*"i/'"n "'"n /e-i* "'!#"/ $"n !er)er"&", #n!#' (e#%#$'"n 'iner%" &"n+ /e-i* -"i' $"n )!i("/ In$e)en$eni "'#n!"n )#-/i'



(er#)"'"n "/"* "!# '"r"'!er "n+"! )en!in+ #n!#' )r9ei "'#n!"n )#-/i' $i$"/"( (e/"'"n"'"n )e(eri'""n "'#n!"ni !er*"$") '/ienn&" Pener")"n 5$ 5vern"ne )"$" "'#n!"n )#-/i' (e(-"" 'ne'#eni -er-"+"i *#-#n+"n "n!"r" 5$ 5vern"ne $en+"n 'iner%" "#$i!r in!ern"/n&" Ni/"i.ni/"i $"n e!i'" )r9ei (en%"$i $""r )ener")"n 5$ 5vern"ne e-"+"i (!iv"i )eri/"'# )r9ein"/ &"n+ e9e'!i9, %i'" $i-en!#' (e/"/#i )e(-i"""n.)e(-i"""n &"n+ !er'"n$#n+ )"$" #"!# -#$"&" r+"ni"i Ke-er*"i/"n i()/e(en!"i 5$ 5vern"ne -"n&"' $i!en!#'"n /e* i!i'"$ -"i' ("#)#n '(i!(en "n++!" r+"ni"i #n!#' #n++#*.#n++#* (en+i()/e(en!"i'"nn&" Pe("*"("n 5$ 5vern"ne-"+i "'#n!"n )#-/i' (er#)"'"n /"n$""n (r"/ "!"# e!i'" )r9ei &"n+ *"r# $iin!ern"/i"i'"n $"/"( $irin&" Ser"n+ "'#n!"n

)#-/i' &"n+ (e("*"(i 5$ 5vern"ne e"r" -en"r

$"n

$i$#'#n+

in$e)en$eni &"n+ !in++i, ("'" "'"n (e()en+"r#*i )eri/"'# )r9ein"/ "'#n!"n $"/"( -er'"r&" $en+"n rien!"i )"$" 'iner%" &"n+ !in++i #n!#' (en")"i !#%#"n "'*ir e-"+"i("n" $i*"r")'"n /e* -er-"+"i )i*"' 2. Pera! A#!ta!%, Dala$ G/ Crrate Ger!a!e 4GCG5 A+en& Pr-/e( /"*ir $"ri "$"n&" )e(i"*"n "n!"r" ("n"%e(en $"n )en&"n$"n+ $"n", $i("n" ("n"%er -er#"*" #n!#' (enin+'"!'"n inen!ive (ere'" $"/"( r"n+'" (e("'(#r'"n $irin&" $"n (en"+"-"i'"n !#+" #!"("n&" &"i!# (e("'i(#('"n 'e("'(#r"n )e(i/i' H"/ ini -i" $i/"'#'"n $en+"n -er-"+"i "r" $i"n!"r"n&" "$"/"* )en+e/#"r"n #n!#' $irin&" ("n"%e(en Si!i( "'#n!"ni 'e#"n+"n (en&e$i"'"n in9r("i &"n+ )en!in+ #n!#' 5vern"ne Me*"ni(e, &"n+ (e(-"n!# (e(e"*'"n (""/"* 'e"+enen Pen++#n""n in9r("i "'#n!"ni $"/"( 5vern"ne Me*"ni( -i" $"/"( -en!#' i()/ii! "!"# e')/ii! Pen++#n""n )er%"n%i"n &"n+ -er-"i'"n $""r "'#n!"ni $"/"( 'n!r"' -/i+"i "$"/"* "/"* n!* $"ri )en++#n""n in9r("i "'#n!"ni e"r" e')/ii! Pen++#n""n in9r("i e'#n!"ni #n!#' (en&e/e'i )er#"*""n &"n+ "'"n $i%"$i'"n !"r+e! !"'ever "$"/"*  n!* $"ri )en++#n""n in9r("i "'#n!"ni e"r" i()/ii! In9r("i "'#n!"ni 'e#"n+"n (er#)"'"n )r$#' $"ri )re 5vern"ne in9r("i "'#n!"ni 'e#"n+"n $i*"i/'"n /e* ("n"%e(en $"n ("n"%e(en (en+e!"*#i in9r("i ini "'"n $i+#n"'"n e-"+"i in)#! $"/"( )re 5vern"ne 2.7 C!t& Ka%#% /ala$ Pe!8,$a!"a! G/ Crrate Ger!a!e

@AKARTAM"&"r"'"! Te/e("!i'" In$nei" >M"!e/? (eni/"i !er%"$i )e/"n++"r"n Good Corporate Governance >5=5? /e* "$"n Re+#/"i Te/e'(#ni'"i In$nei"



>RTI? '"/" (en+e/#"r'"n >SE? N 1;;JRTIJ2011

'e 10 )er"!r !e/e'(#ni'"i

)"$" (e$i O'!-er 2011 SE !ere-#! -erii'"n *i(-"#"n (en+*en!i'"n )en""r"n 'n!en (e/"/#i SMS -r"$"!, )) reen, "!"# vie -r"$"! "()"i $en+"n -"!" "'!# &"n+ "'"n $i!en!#'"n 'e(#$i"n An"/ii : L"&"n"n SMS )re(i#( ini !en!#n&" #$"* !i$"' "in+ /"+i -"+i 'i!", $"n #$"* !i$"' "in+ )#/" -"*" %"" ini (e(-eri'"n $"()"' &"n+ "n+"! (er#+i'"n -"+i )en++#n" !e/e)n e/#/er Ker#+i"n &"n+ $i$")"! !ere-#! "$"/"* -"n&"' e'"/i )e/"n++"n &"n+ )#/"n&" erin+ *"-i /e* #/"* )"r" )en&e/en++"r" %"" SMS )re(i#( !ere-#!, "/"#)#n )e/"n++"n #$"* (en+*en!i'"n /"&"n"n !ere-#! !e!")i )#/" e/"/# "%" $i e$! /e* )i*"' )en&e/en++"r" %"" !ere-#! H"/ ini !en!# "%" (er#+i'"n )e/"n++"n &"n+ (e(-#"! 'e)er/#"nn&" !er*"(-"! '"ren" )#/" &"n+ !i-".!i-" *"-i $i "(-i/ /e* )en&e/en++"r" %"" !ere-#! N"(#n $"/"( (en+"!"i *"/ !ere-#! RTI &"n+ e*"r#n&" (en&e/e"i'"n (""/"* ini 'e)"$" )i*"' )en&e/en++"r" %"" !ere-#! -#'"n 'e)"$" )er"!r RTI %#+" e*"r#n&" /e-i* 'e!"! $"/"( )en+"""n /"&"n"n !ere-#! "+"r !i$"' !er%"$i /"+i )eri!i" e$! )#/" "/"( '"# $i"!" %#+" #$"* $i %e/"'"n !en!"n+ )""/.)""/ &"n+ !i$"' $i/"'"n"'"n e#"i 'en&"!""n H"/ ini/"* &"n+ (e(-#"! RTI $i$#+" (en&i()"n+ $"ri Good Corporate Governance >5=5? BK"(i (e/i*"! "$"n&" )en&i()"n+"n.)en&i()"n+"n &"n+ $i/"'#'"n /e* RTI $en+"n 'e/#"rn&" SE !ere-#!,C #n+'") Ke!#" U (#( M"!e/ Se!&"n! P S"n!" Men#r#!n&", )en&i()"n+"n !er'"i! $en+"n In!r#'i Penin+'"!"n K#"/i!" L"&"n"n @"" Pe"n Pre(i#( Men#r#! P""/ 8 KMN36JPERJMJKOMIN7OJ 10J2008, RTI



*"n&" $")"! (en#"n+'"n )r$#' )en+"!#r"n &"n+ i9"!n&" )erin!"* $"/"( -en!#' Ke)#!#"n ir%en eri'#!n&"

!en!"n+

in$e)e$eni

$"n

)r9ein"/i!" $i("n" RTI

!i$"' (e()er!i(-"n+'"n e"r" e'"(", -"*'"n -e-er")" in9r("i &"n+ e*"r#n&" -eri9"!

r"*"i"

RTI

%#!r# (e/i-"!'"n

)i*"' /"in

RTI !i$"'

%e/"

$"/"(

(en$e9inii'"n *"/.*"/ &"n+ in+in $i"!#rn&", e*in++" -er$"()"' 'e)"$" -ini $"n en$er#n+ $")"! (e("!i'"n -ini )en&e$i" 'n!en H"/ /"in "$"/"* RTI !i$"' (e/"'#'"n )re &"n+ !r"n)"r"n 'e)"$" )"r" )e("n+'# 'e)en!in+"n P"r" Pen&e/en++"r" @"" Pe"n Pre(i#( &"n+ )"/in+ !er'en" $"()"' $"ri )ener-i!"n SE !ere-#! !i$"' $i/i-"!'"n $"/"( )e(-"*""n, !er("#' $"/"( )e(-"*""n revii PM N 1J200< !en!"n+ Pen&e/en++"r""n @"" Pe"n Pre(i#( $"n Pen+iri("n @"" Pe"n Sin+'"! >SMS? 'e -"n&"' !#%#"n Pen&e/en++"r" @"" Pe"n Pre(i#( -"r# $i/i-"!'"n )"$" ""! )re ev"/#"i BM"!e/ -er)en$")"! -"*" e*"r#n&" SE RTI !i$"' /"n+#n+ $i!#%#'"n 'e)"$" )er"!r !e/e'(#ni'"i (e/"in'"n $i"()"i'"n !er/e-i* $"*#/# 'e)"$" Pen&e/en++"r" @"" L"&"n"n Pe"n Pre(i#( H"/ ini -er$""r'"n P""/ 3 PM 01J200<, -"*" @"" Pe"n Pre(i#( $ie/en++"r"'"n /e* Pen&e/en++"r" @"" Pe"n Pre(i#( -er$""r'"n 'er%" "(" $en+"n Pen&e/en++"r" @"rin+"n %"" !e/e)ni $""r,C '"!"n&" Ter"'*ir !er'"i!, P""/ 1 PM 01J200< (en&"!"'"n -"*" )en++#n" -er*"' (en+"%#'"n +"n!i r#+i 'e)"$" Pen&e/en++"r" Pe"n Pre(i#(, e$"n+'"n $"/"( SE RTI -#!ir 4, !"n++#n+ %""- $"ri Pen&e/en++"r" Pe"n Pre(i#( !i$"' $in&"!"'"n i!e+"'"nn&", '"# e$! )#/" !i$"' "'"n !er%"$i %i'" "$" )en+"""n 'e!"! $"ri RTI H"/ ini '"ren" )en&e/en++"r""n @"" Pe"n Pre(i#( $ie/en++"r"'"n e!e/"* (en$")"!'"n iDin -er#)" )en$"9!"r"n )en&e/en++"r""n 'e)"$" RTI



BN"(#n "&"n+n&" !i$"' )ern"* $i/"'#'"n ev"/#"iJ"n"/i" "!"# $ie/e'i /e* RTI Se*"r#n&" RTI $")"! (e(-in" $"n (en+en$"/i'"nn&" (i"/n&" )en+en$"/i"n )e(-eri"n *r! $e,C '"!"n&">i$?

BAB III PENUTUP 1.1 Ke%,$#la!



er$""r'"n #r"i"n $i #!"("

$"ri

Governance

"!", %e/"/"* -"*" )r9ei "'#n!"n (er#)"'"n e/e(en

Good Corporate Governance, e*in++" )ene+"'"n

Good Corporate

!i$"' -i" -er%"/"n !"n)" 'e!er/i-"!"n )r9ei "'#n!"n Per"n #!"(" ini

"&"n+n&" -"n&"' $ir"+#'"n /e* -er-"+"i )i*"' $en+"n "$"n&" 'e+"+"/"n "#$i! >"#$i! failures? &"n+ (en+"'i-"!'"n !er%"$in&" -"n&"' '"n$"/ 'e#"n+"n "'*ir."'*ir ini Me("n+ !i$"' (#$"* #n!#' (en%"+" in$e)en$eni "'#n!"n )e(eri'" >"#$i!r? $"/"( (e/"'"n"'"n !#+"n&" A$"n&" '"#.'"# 9in"ni"/ &"n+ (e/i-"!'"n )r9ei "'#n!"n (er#)"'"n -#'!i -"*" i'") in$e)en$eni &"n+ *"r# $i(i/i'i /e* "'#n!"n #/i! #n!#' $i)er!"*"n'"n H"/ ini $ie-"-'"n )"r" "#$i!r "!"# "'#n!"n ini (e(i/i'i !"n++#n+ %""- &"n+ "(-i+i# i "!# ii (ere'" *"r# -eri'") $"n -e'er%" #n!#' )er#"*""n &"n+ (e(-"&"r (ere'", $i ii /"in (ere'" *"r# (e()er*"!i'"n 'e)en!in+"n )"r" inve!r &"n+ -er+"n!#n+ e)en#*n&" 'e)"$" 'e-en"r"n /")r"n "#$i! (ere'"

DAFTAR PUSTAKA

e"/&, =, M e9n$, @ @i"(-"/v, $"n KR S#-r"("n&"(, 1<<8, T*e E99e! 9 A#$i! n T*e #"/i!& 9 E"rnin+ M"n"+e(en!, =n!e()r"r& A#n!in+ Ree"r*, 1 >S)rin+?

Makalah Seminar Akuntansi (Good Corporate Governance)  2


ri+*"(, E 7, $"n H#!n, @ 7, 2001 Manaemen :euangan. E$ii Ke$e/")"n >Ter%e("*"n? @"'"r!": S"/e(-" E()"!

@ni E(irDn 2006 Re+#/"!r& riven "/"( I()/e(en!"i Prini).Prini) 5$ =r)r"!e 5vern"ne P"$" Per#"*""n i In$nei" ;urnal Manaemen < 'isnis, V/ 4, N 8 Le!"rinin+i* 2008 Per"n"n Pener")"n 5$ =r)r"!e 5vern"ne $"/"( Pen+e(-"n+"n Per#"*""n P#-/i' S)iri! )#-/i', V/ 4 N2, *"/ 113.122

P"n$# P"!ri"$i 2004 M"n9""! Kne) 5$ 5vern"ne "+i In!i!#i Pe(erin!"* $"n UMN $"/"( Ke-i%"'"n Priv"!i"i UMN :aian %konomi :euangan V/#(e 8, N 3

T%"+er, IN, A/i%&, 7 A, %e("!, HR, $"n Se(-$, , 2003 Corporate Governance. @"'"r!": Pren*"//in$

T"n+'i/i"n,

Hee/

N+i

S

2003

Men+e//"

Kre$i!

er-"i 5$

=r)r"!e

5vern"ne G+&"'"r!": Pener-i! "/"ir#n+ F = K(i!e N"in"/ Ke-i%"'"n 5vern"ne >KNK5? 2006 Pe$("n U(#( 5$ =r)r"!e 5vern"ne In$nei" @"'"r!" Pieri, @*n F Wir&""n, N @ 200; E!i'" ini $"n 5$ =r)r"!r 5vern"ne @"'"r!": Pe/"n+i =en$e'i" *!!):JJ"/(ir"nr$)re(J2012J11J06J)en+er!i"n.+$.r)r"!e.+vern"ne.$"n. n!*.'"#.)en&i()"n+"nn&"J *!!):JJi'"n$"r&"*."!ri&"-/+)!(J2011J12J)er"n"n."'#n!"ni.$"/"( !er/"'"n&" 680;*!(/ *!!):JJn#r$i"n"*""n-/+)!(J2011J11J)eri/"'#.e!i'".$"/"(.)r9ei."'#n!"ni*!(/


Makalah Seminar Akuntansi

Recommend Documents