Analysis of the Implementation of Good Corporate Governance in Improving Employee Performance at PT. Hasjrat Abadi Manado

The development of globalization and increasingly fierce business competition require companies to maintain and improve their performance, both institutionally and at the employee level. This study aims to analyze the application of Good Corporate Governance principles in improving employee performance at PT. Hasjrat Abadi Manado. The method used is descriptive qualitative through interviews and documentation. The results of the study indicate that the implementation of GCG principles transparency, accountability, responsibility, independence, and fairness has not been fully implemented effectively and has not improved employee performance in accordance with Ministry of State-Owned Enterprises Regulation No. PER-02/MBU/03/2023. The lack of information availability under the principle of transparency, the dominance and influence under the principle of independence, and the unfairness in employee compensation and opportunities indicate the need for improvements in these GCG principles.

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Publication Details

Journal
Formosa Journal of Applied Sciences
Published
2025-08-20
DOI
https://doi.org/10.55927/fjas.v4i8.288
Primary Topic
Employee Performance and Management
Type
article
Field-Weighted Citation Impact
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article

Analysis of the Implementation of Good Corporate Governance in Improving Employee Performance at PT. Hasjrat Abadi Manado

Lidia Mawikere, Stanly W. Alexander, Moh. Agung Lamato
Formosa Journal of Applied Sciences
Employee Performance and Management
article

Analysis of the Implementation of Good Corporate Governance in Improving Employee Performance at PT. Hasjrat Abadi Manado

Lidia Mawikere, Stanly W. Alexander, Moh. Agung Lamato
article en

Abstract

The development of globalization and increasingly fierce business competition require companies to maintain and improve their performance, both institutionally and at the employee level. This study aims to analyze the application of Good Corporate Governance principles in improving employee performance at PT. Hasjrat Abadi Manado. The method used is descriptive qualitative through interviews and documentation. The results of the study indicate that the implementation of GCG principles transparency, accountability, responsibility, independence, and fairness has not been fully implemented effectively and has not improved employee performance in accordance with Ministry of State-Owned Enterprises Regulation No. PER-02/MBU/03/2023. The lack of information availability under the principle of transparency, the dominance and influence under the principle of independence, and the unfairness in employee compensation and opportunities indicate the need for improvements in these GCG principles.

Formosa Journal of Applied SciencesVol. 4(8)
Sam Ratulangi University (ID)
Openalex Percentile: Top 58%
Employee Performance and Management
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Analysis of the Implementation of Good Corporate Governance in Improving Employee Performance at PT. Hasjrat Abadi Manado — Lidia Mawikere, Stanly W. Alexander, et al. · Formosa Journal of Applied Sciences (2025) | TGRS Research Map | TGRS