{"id":4663,"date":"2025-04-15T11:13:39","date_gmt":"2025-04-15T04:13:39","guid":{"rendered":"https:\/\/robere.co.id\/?p=4663"},"modified":"2025-04-15T11:13:39","modified_gmt":"2025-04-15T04:13:39","slug":"corporate-governance","status":"publish","type":"post","link":"https:\/\/robere.dg-apps.com\/id\/corporate-governance\/","title":{"rendered":"Corporate Governance and its Impact on Business Based on ISO 37000"},"content":{"rendered":"

In an increasingly complex business world, <\/span><\/span>corporate governance<\/span><\/span> is a key factor in organizational sustainability. An empirical study by<\/span><\/span>\u00a0Gompers, Ishii, dan Metrick (2003)<\/a> demonstrated that companies with strong <\/span>corporate governance<\/span><\/b> exhibit better financial performance and lower risk. Their findings indicate that companies with good <\/span>corporate governance<\/span><\/b> are more highly valued by investors, management is more accountable in business decision-making, and financial and operational risks can be effectively managed.<\/span>\u00a0<\/span><\/p>\n

ISO 37000, an international standard for <\/span>governance of organizations<\/span><\/b>, provides guidance for companies in implementing effective <\/span>corporate governance<\/span><\/b>. This standard is designed to assist organizations of various types, sizes, locations, and structures in achieving their objectives in a sustainable, ethical, and responsible manner.<\/span>\u00a0<\/span><\/p>\n

Structure of Corporate Governance Based on ISO 37000<\/span><\/span>\u00a0<\/span><\/h2>\n

\"Struktur<\/p>\n

ISO 37000 <\/span>establishes<\/span> core purpose, core principles, and enabler principles that form the framework for <\/span><\/span>governance of organizations<\/span><\/span> to foster ethical behavior, commitment to managing duties and responsibilities, and effective performance, <\/span>ultimately <\/span>benefiting<\/span> the company.<\/span><\/span>\u00a0<\/span><\/p>\n

Core Purpose (Objectives)<\/span><\/span>\u00a0<\/span><\/h3>\n

Companies must <\/span>possess<\/span> a clear vision<\/span>, mission, and <\/span>objectives<\/span> that align with stakeholder interests, focusing not only on profit but also <\/span>on<\/span> social and environmental impacts. Development in this context includes:<\/span><\/span>\u00a0<\/span><\/p>\n