Journal of Management and Islamic Finance
Vol. 6 No. 1 (2026): Journal of Management and Islamic Finance

The Implementation of Good Corporate Governance at Sharia Rural Banks (BPRS): A Study of BPRS Sukowati Sragen

Shoffan Mujahid (Universitas Gadjah Mada)
Sabiq Muhammad Al Ghozi (Universitas Gadjah Mada)



Article Info

Publish Date
30 Jun 2026

Abstract

This study aimed to analyse the implementation of GCG at BPRS Sukowati Sragen in order to determine the effectiveness of GCG in improving operational and Sharia compliance. The research method used is qualitative, involving a documentary analysis of BPRS Sukowati Sragen. Data collection was conducted through the analysis and study of documentation from annual reports obtained from the official BPRS website. The results of the study indicate that BPRS Sukowati Sragen implements GCG in accordance with its principles: Transparency, Accountability, Responsibility, Independence, and Fairness. These results answer the research question that BPRS, as an Islamic financial institution, should apply governance professionally. The significance of this study is to present quality governance at BPRS to prevent fraud and agency conflicts within the institution. Additionally, through this analysis, it can be determined which principles still need improvement to achieve governance quality that enhances the trust of customers and stakeholders involved. In addition, this analysis identifies the governance principles that still require improvement to achieve better governance quality. Therefore, the consistent implementation of GCG is essential not only for ensuring regulatory and Sharia compliance, but also for maintaining financial institution stability, protecting stakeholder interests, improving operational performance, and increasing the trust of customers and other stakeholders. Strong governance ultimately supports the sustainability, integrity, and competitiveness of BPRS in the Islamic banking industry.

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Journal Info

Abbrev

jmif

Publisher

Subject

Religion Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice

Description

Journal of Management and Islamic Finance (JMIF) openly welcomes scholar, postgraduate students, and practitioners to submit their best research articles that correspond to the topics. This journal covers textual and empirical, as well as classical and contemporary researchers on Islam. Papers are ...