THE PRINCIPLE OF GOOD CORPORATE GOVERNANCE
The main aim of a company must be located outside the company personally, that is located in the community because the company was the community's implement. Only had one legal definition for the aim of the company, which is to create the customer. The prepared customer paid the company that changed economic resources into the product that it was considered was valuable by the customer. Therefore then the company got the wealth. So as to be able to be said that in undertaking his activity, apart from with shareholders, the company also carried out the interaction with other sides that were related to the company that is stakeholder.
The implementation and contribution of stakeholder took an important part to raise the company in all aspect. Also then the purpose of the company is not just make a profit, but also to make the company valuable in every side of society. In order to create a good valuable in the eyes of shareholder and stakeholder the company must be able to apply the Good Corporate Governance principle.
Corporate governance was the process and the structure that were used to aim at and carry out the business and the company's affairs in order to increase business prosperity and accountability the company with the main aim of bringing about the value of shareholders in the long term permanently paid attention to the interests stakeholder that other.
According to Centre for European Policy Studies in “Corporate Governance in Europe: Report of a CEPS Working Party” defined corporate governance as all the system from the rights, the process, and the control that was formed inside and apart from the management comprehensively with the aim of protecting the interests stakeholder. The ...