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

Yafet Yosafet Wilben Rissy ()
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Yafet Yosafet Wilben Rissy: Queensland University of Technology

A chapter in International Dimensions of Sustainable Management, 2019, pp 163-198 from Springer

Abstract: 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.

Keywords: People’s credit banks; Corporate governance; Committees; Units; Functions (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-030-04819-8_11

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DOI: 10.1007/978-3-030-04819-8_11

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