Published date: Oct 02 2023

Journal Title: KnE Social Sciences

Issue title: 1st Doctoral International Conference 2023

Pages: 523–529

DOI: 10.18502/kss.v8i17.14147

Muh. Alwialwi@ecampus.ut.ac.idDoctoral Program of Public Administration, Faculty of social and political Sciences, University Hasanuddin

Armin ArsyadDoctoral Program of Public Administration, Faculty of social and political Sciences, University Hasanuddin

Badu AhmaddDoctoral Program of Public Administration, Faculty of social and political Sciences, University Hasanuddin

Muhammad YunusDoctoral Program of Public Administration, Faculty of social and political Sciences, University Hasanuddin

Good corporate governance is a vital system that regulates and controls companies, ensuring added value for all stakeholders. PERSERODA, a regional company, has undergone a transformation to become a Regional Public Company in accordance with the law. This study aims to analyze the implementation of good corporate governance in PERSERODA’s management. The research utilized a qualitative method, and the study location was PERSERODA in South Sulawesi Province. The primary data collection techniques included in-depth interviews and participatory observation. The research findings indicate that the principles of good corporate governance have not been fully and consistently applied to the company’s activities, resulting in PERSERODA not fully maximizing its contribution to the region. To enhance the company’s performance and output, it is essential to comprehensively apply the principles of good corporate governance throughout the organization. This will lead to increased quality in the company’s operations and the outcomes it generates.

Keywords: good corporate governance, limited company, PERSERODA

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