Suparno
Universitas Borobudur, Indonesia

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Integrated GRC as a Risk Mitigation Effort in Company Management in the Pawn Industry to Improve the National Economy Eunike Petra Rebecca Pariela; Suparno
Journal Of Social Science (JoSS) Vol 4 No 7 (2025): JOSS: Journal of Social Science
Publisher : Al-Makki Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57185/joss.v4i7.472

Abstract

This study explores the implementation of Integrated Governance, Risk, and Compliance (GRC) as a risk mitigation strategy in the management of pawn companies to enhance the national economy. The pawn industry in Indonesia has grown significantly, offering vital financial services, particularly to micro and small enterprises. However, challenges such as weak governance, operational risks, and regulatory gaps threaten its sustainability. The research aims to analyze the role of GRC in improving corporate governance, risk management, and regulatory compliance in pawn companies, thereby contributing to economic stability and inclusivity. Using a normative legal method, the study examines laws, regulations, and theoretical frameworks related to GRC, alongside secondary data from literature and legal documents. Findings reveal that integrated GRC strengthens transparency, accountability, and risk mitigation, fostering public trust and investor confidence. It also highlights the need for clearer regulations and technological adoption to address implementation challenges. The implications of this research underscore the importance of collaborative efforts between regulators, such as the Otoritas Jasa Keuangan (OJK), and pawn companies to standardize GRC practices. By enhancing governance and compliance, the pawn industry can better support financial inclusion, SME growth, and national economic resilience.
Restorative Justice as An Alternative Paradigm in Conflict Resolution and Justice Restoration Siria Silubun; Suparno
Journal Of Social Science (JoSS) Vol 5 No 6 (2026): Journal of Social Science
Publisher : Al-Makki Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57185/cvjd1w19

Abstract

Conventional justice, which is primarily oriented toward retribution, often fails to address the root causes of conflict and does not fully meet the needs of all affected parties. This approach tends to position offenders as objects of punishment, without providing adequate opportunities for victims to achieve comprehensive recovery. This study aims to analyze restorative justice as an alternative paradigm that emphasizes the restoration of relationships, recognition of harm, and active participation of all parties in conflict resolution. The research method employed is a qualitative literature review with a comparative analysis approach, examining conventional justice and restorative justice. Data were collected from various scientific literature sources, academic books, research journals, and relevant legal regulations pertaining to the study topic. The results indicate that restorative justice can accommodate victims’ needs, provide offenders with the opportunity to take direct responsibility, and strengthen social relationships within society. This approach emphasizes dialogue, reconciliation, and the restoration of conditions to their pre-conflict state. Its implementation has been relatively effective in contexts such as domestic violence cases, inter-community conflicts, and minor criminal offenses. However, several challenges remain, including limited resources, unequal access, differences in public understanding, and suboptimal integration with the existing criminal justice system. Nevertheless, restorative justice promotes a more humane, participatory, and responsive form of justice. This study concludes that restorative justice is not a full replacement for the conventional justice system but represents a crucial component in building a more balanced, effective, and socially responsive approach to justice.