Business and Applied Management Journal
Vol. 2 No. 2 (2025): January-June

Implementation of Good Corporate Governance in Madrasah Cooperatives as a Strategic Management Approach

Hajarana, Siti (Unknown)
Amal, Muhammad Ahsanul (Unknown)
Faisal, Muhammad Fadli (Unknown)



Article Info

Publish Date
18 Mar 2025

Abstract

This study aims to analyze the implementation of Good Corporate Governance principles in the management of cooperatives in junior high schools as a strategic management approach. This study is driven by the importance of implementing GCG in junior high school cooperatives to improve transparency, accountability, and operational efficiency, which are challenges in managing educational cooperatives. The research method used is a qualitative approach with a case study type, involving in-depth interviews, direct observation, and documentation. Data were collected from cooperative managers, teachers, and cooperative members which were then analyzed using the Miles and Huberman approach. The results of the study indicate that although GCG principles such as transparency, accountability, and member participation have been implemented, there are still shortcomings in terms of effective internal supervision and performance measurement. Cooperative management is still constrained by technological limitations and lack of member involvement in cooperative evaluation. This study contributes insight into the implementation of GCG in the context of junior high school cooperatives, as well as providing recommendations for improving supervision, efficiency, and sustainability of cooperatives through a more structured GCG implementation that involves all related parties.

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Journal Info

Abbrev

bamj

Publisher

Subject

Humanities Economics, Econometrics & Finance Education Environmental Science Social Sciences

Description

Business and Applied Management Journal is Peer-reviewed refereed journal aiming at engaging academicians as well as practitioners. Focus on the areas of economics, finance, banking, capital markets, takaful and law. The aim of the Journal is to foster academic research by publishing original ...