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All Journal Riwayat: Educational Journal of History and Humanities Jurnal Ar Ro'is Mandalika (Armada)
Priyanto, Hengky Budi
Unknown Affiliation
Religion Humanities Education Languange, Linguistic, Communication & Media Mathematics Social Sciences

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Analysis of the Implementation of Good Corporate Governance Principles in Business Dispute Resolution in Companies in Indonesia Priyanto, Hengky Budi; Dewanto, Wisnu Aryo; Pattynama, Francis Maryanne
Jurnal Ar Ro'is Mandalika (Armada) Vol. 5 No. 2 (2025): JURNAL AR RO'IS MANDALIKA (ARMADA)
Publisher : Institut Penelitian dan Pengembangan Mandalika Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59613/armada.v5i1.5441

Abstract

The principles of Good Corporate Governance (GCG) have become an essential foundation for ensuring business sustainability, stakeholder trust, and competitiveness in modern corporate practices. In Indonesia, the urgency of implementing GCG has increased following corporate scandals that revealed weaknesses in transparency, accountability, and oversight, often resulting in costly business disputes. This study aims to analyze the role of GCG in both preventing and resolving business disputes in Indonesian companies. Using a qualitative method with a systematic literature review, the research integrates findings from scholarly articles, regulatory documents, and case studies. Data were examined through thematic content analysis to identify patterns and relationships between governance practices and dispute outcomes. The results indicate that companies with strong GCG are significantly more effective in dispute prevention and resolution through mechanisms such as arbitration and mediation, thereby minimizing reliance on lengthy litigation. Case studies of PT Bank Century and PT Jiwasraya highlight how governance failures escalated disputes, while examples from PT Telkom illustrate the benefits of transparency and fairness in enabling constructive settlement. The findings suggest that GCG serves a dual role: as a preventive shield reducing the likelihood of disputes and as a dispute-resolution framework ensuring efficiency and fairness when conflicts arise. This study contributes to both academic discourse and practical policy recommendations, emphasizing that GCG is not merely regulatory compliance but a strategic necessity for corporate resilience and sustainable growth in Indonesia.
Analyzing the Role of Sustainability Reporting in Enhancing Corporate Image and Shareholder Value Priyanto, Hengky Budi; Esso, Andi Sawe Ri
Riwayat: Educational Journal of History and Humanities Vol 8, No 4 (2025): Oktober, Social Issues and Problems in Society
Publisher : Universitas Syiah Kuala

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24815/jr.v8i4.49301

Abstract

The growing emphasis on environmental, social, and governance (ESG) issues has positioned sustainability reporting as a central mechanism for strengthening stakeholder trust and organizational legitimacy. Unlike traditional disclosures focused solely on compliance, sustainability reporting reflects a broader strategic orientation where transparency and accountability can reinforce both corporate image and shareholder value. This study explores the role of sustainability reporting by synthesizing insights from prior scholarly works, corporate case studies, and international frameworks. Adopting a qualitative literature-based approach, the analysis applies thematic coding to classify findings into areas such as corporate reputation, stakeholder engagement, risk management, and long-term financial performance. Data were collected from peer-reviewed journal articles, annual reports, and sustainability disclosures, with selection guided by inclusion criteria that prioritized relevance, credibility, and recency. Findings indicate that robust and credible sustainability reports serve as more than communication tools; they operate as governance instruments that reduce information asymmetry, strengthen legitimacy, and enhance investor confidence. Companies that integrate sustainability disclosures into their strategic positioningsuch as Unilever and Nestldemonstrate stronger reputational capital, enjoy lower capital costs, and attract long-term institutional investors. Conversely, symbolic or superficial reporting may undermine trust and trigger reputational risks. This study contributes theoretically by deepening the understanding of sustainability reporting as a driver of intangible assets such as image and reputation, while also offering practical guidance for firms aiming to balance transparency with value creation.
Co-Authors esso, andi sawe ri Pattynama, Francis Maryanne Wisnu Aryo Dewanto