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

  • Yafet Yosafet Wilben RissyEmail author
Chapter
Part of the CSR, Sustainability, Ethics & Governance book series (CSEG)

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 

Notes

Acknowledgement

I am grateful for the helpful comments from my supervisors Associate Professor Colin Anderson and Dr. Danielle Bozin to the draft of the paper.

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.School of Law, Faculty of LawQueensland University of TechnologyBrisbaneAustralia

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