Analisis Tingkat Implementasi Good Corporate Governance Pada Usaha Kecil Dan Menengah (UKM) di Kota Padang

Abstract

Nowadays economic independence is one indicator in measuring the welfare of a country. Economic independence is made from the current country's economic system. An economic system is a systematic way in which a country distributes its resources. The better the system is implemented, the better the economic growth rate of the country will be. One things that mostly affect the rate of economic growth is the increasing number of Small and Medium Enterprises (SMEs). Therefore, the government has designed the program for SMEs which is not supported by Good Corporate Governance (GCG), which results in lack of integrations between the government program and the SME management system. The purpose of this study is to investigate aspects of the management arrangements of 150 SMEs in Padang, and also to identified all aspects which is need to be modified so that the Good Corporate Governance (GCG) system can be implemented on these SMEs. The survey results in this study found that the implementation of Good Corporate Governance in Padang City SMEs is still very limited, so this research still needs to be explored further to find the right Good Corporate Governance (GCG) patterns implemented for Padang’s SMEs.