Responsibility of the Board of Directors for Violations of Good Corporate Governance Principles

DOI

10.2991/assehr.k.220404.020How to use a DOI?

Keywords

Director; Management of Limited Company; Good Corporate Governance

Abstract

Taking into account the provisions of the Articles of the Limited Liability Company Law, it can be stated that there are no provisions governing the application of the GCG principles, because it only stipulates that the company is obliged to comply with all good things in a corporation, but it is not regulated regarding the forms of GCG. itself, the procedures for implementing GCG, what are the responsibilities of a Board of Directors if the principle is violated and what are the sanctions that must be given to those who violate it. So that there is a norm in the regulation of obligations in the management of PT, this norm can certainly cause legal uncertainty. Normative legal research method or normative juridical. Management responsibilities if there is a violation of GCG principles in the management of PT can be in the form of: Civil and criminal liability.

Copyright

© 2022 The Authors. Published by Atlantis Press SARL.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Thelisia Kristin
AU  - Amad Sudiro
PY  - 2022
DA  - 2022/04/21
TI  - Responsibility of the Board of Directors for Violations of Good Corporate Governance Principles
BT  - Proceedings of the 3rd Tarumanagara International Conference on the Applications of Social Sciences and Humanities (TICASH 2021)
PB  - Atlantis Press
SP  - 126
EP  - 131
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.220404.020
DO  - 10.2991/assehr.k.220404.020
ID  - Kristin2022
ER  -