LECTURERS' AND EMPLOYEES' PERCEPTION ON GCG IMPLEMENTATION IN WIDYATAMA UNIVERSITY

Abstract
Indonesia has a guidance in implementing Good Corporate Governance (GCG) for profit-oriented organizations, however, we do not have specific guidance for non-profit organizations. A university is under a Foundation, which is a non-profit organization, in other words, the organization that supposed to focus on social matters. Assuming that GCG also focusing on social matters, the implementation of GCG in a Foundation (in this case, University) should be easy. But, is that so? For example, transparency is one of the components of GCG. One way to achieve the goal of transparency is that a company has to make its financial report available for its stakeholders. Yet, not one university has done so. In fact, there are common beliefs that a Foundation (university) does not have to report to its stakeholders at all. We modified the GCG implementation guidance for profit-oriented organization to be applicable for a foundation. Then we surveyed the lecturers and employees of Widyatama University to find out, according to their perception, how far was the Good University Governance (GUG) implementation in the university. Then we analyzed the result using descriptive models and described what points had been implemented, what points had not been implemented or less in implementation. We analyzed what caused it, what were the hindrances or problems, and how the stakeholders could cooperate to help solving the problems. Therefore, we hoped that in the future the university would be able to implement GUG as a whole.
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Keywords
GUG, GCG guidance, Foundation, Lecturers, Employee
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