EVALUASI IMPLEMENTASI GOOD CORPORATE GOVERNANCE GUNA MENGAKSELERASI PERTUMBUHAN UMKM DI MAGELANG
Egi Kurniawan
Universitas Tidar
Salma Nur Fadhilatil Hidayah
Universitas Tidar
Keywords:
Good Corporate Governance, UMKM
Abstract
The evaluation of business governance aims to
enhance effectiveness and reduce fraudulent
activities through the implementation of Good
Corporate Governance. Using a qualitative
phenomenological approach, with both primary
and secondary sources, this research
investigates business governance in SMEs in
Magelang through interviews with business
stakeholders. Data from approximately 2,030
SMEs in Magelang were gathered, with Bakmie
Seratus, Waroeng Kemboelan, and Angkringan
Mamen selected as sample SMEs. These three
SMEs have implemented business governance in
a straightforward manner. (1) Transparency
Principle: All three SMEs have implemented
transparency principles regarding their income
and expenses. (2) Accountability Principle: These
SMEs have implemented accountability
principles by assigning responsibilities according
to their tasks. (3) Responsibility Principle: While
these SMEs have implemented responsibility
principles, further evaluation is needed for
efficiency. (4) Independence Principle: The three
SMEs have implemented this principle through
self-ownership of capital. (5) Fairness and
Equality Principle: These SMEs have
implemented this principle through a flexible
work system. Of particular interest is that
Bakmie Seratus employs a "Pop-up Kitchen"
sales system, introducing a unique aspect that
could potentially lead to fraud. The purpose of
this research is to understand and evaluate the
implementation of Good Corporate Governance
with the goal of accelerating business growth
and fostering loyalty among stakeholders for
sustainable business continuity.