IJMA
Vol 5, No 2 (2024)

ANALYSIS OF CORPORATE GOVERNANCE PRINCIPLES IN FAILURE OF PAY OF PT ASURANSI JIWARA

Subekti, Muhammad Fauzan Abimanyu (Universitas Negeri Surabaya)



Article Info

Publish Date
29 Aug 2024

Abstract

This study aims to analyze the violation of corporate governance principles in the case of alleged corruption at PT Asuransi Jiwasraya (Persero), which is estimated to have caused losses of up to IDR 17 trillion. The type of research used is qualitative research with a descriptive research design. This study focuses on an in-depth analysis of corporate governance failures at PT Asuransi Jiwasraya by examining it as a case study. The research utilizes a content analysis approach and relies on secondary data sources, including previous studies, internet searches, financial reports, and other credible sources. The findings of this study reveal significant breaches in the application of the five core principles of good corporate governance transparency, accountability, responsibility, independence, and fairness. These principles are essential for guiding companies towards effective and ethical management practices, and their violation in the case of PT Asuransi Jiwasraya has led to severe financial repercussions and loss of public trust.

Copyrights © 2024






Journal Info

Abbrev

IJMA

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering

Description

IJMA (Indonesian Journal of Management and Accounting) is a peer-reviewed journal published by the Faculty of Economics and Business, Alma Ata University. IJMA aims to publish articles in the field of accounting and management that make a significant contribution to the development of accounting ...