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Corporate Governance in People’s Credit Banks in Indonesia: A Challenge for a Better Future

In: International Dimensions of Sustainable Management

Author

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  • Yafet Yosafet Wilben Rissy

    (Queensland University of Technology)

Abstract

The formulation of corporate governance standards in People’s Credit Banks (PCBs) has taken a long time. In its development, after the 1997 Indonesian financial crisis, from 1998 to 2014, a number of acts and regulations that directly or indirectly govern corporate governance standards in PCBs were promulgated by Indonesian authorities. Nevertheless, the standards in PCBs are still poor. Just recently, in March and December 2015, the Indonesian Financial Services Authority (IFSA) issued two more main regulations concerning corporate governance standards in PCBs. As a result, the standards have become more complex and need to be further studied.

Suggested Citation

  • Yafet Yosafet Wilben Rissy, 2019. "Corporate Governance in People’s Credit Banks in Indonesia: A Challenge for a Better Future," CSR, Sustainability, Ethics & Governance, in: René Schmidpeter & Nicholas Capaldi & Samuel O. Idowu & Anika Stürenberg Herrera (ed.), International Dimensions of Sustainable Management, pages 163-198, Springer.
  • Handle: RePEc:spr:csrchp:978-3-030-04819-8_11
    DOI: 10.1007/978-3-030-04819-8_11
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    Cited by:

    1. Yafet Yosafet Wilben Rissy, 2021. "The stakeholder model: its relevance, concept, and application in the Indonesian banking sector," Journal of Banking Regulation, Palgrave Macmillan, vol. 22(3), pages 219-231, September.

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