Analisis Penerapan Good Corporate Governance Dan Budaya Lokal Dalam Tata Kelola Keuangan LPD

Abstract

This study aims to determine (1) the factors causing fraud in the LPD, (2) the implementation
of good corporate governance in financial governance in the LPD, and (3) the application of
local culture used in financial governance at the LPD Dawan Widang Kelod. This research
use desciptive qualitative approach. This study utilizes primary and secondary data collected
through interviews, observations, documentation, and literature reviews. The findings of this
study reveal that the elements that contribute to LPD fraud are weak organizational structures,
weak supervisory functions, absence of a system or refusal to use the system, weak LPD
governance, the presence of a ewuh pakewuh culture, and low-quality human resources. Good
financial governance practices have not been implemented in LPD Dawan Widang Kelod such
as transparency, accountability, responsibility, independence, equality and fairness which are
not in accordance with the provisions. LPD Dawan Widang Kelod has implemented the local
culture of Tri Kaya Parisudha which can shape the character and integrity of human
resources. However, in its implementation it has not been implemented optimally to achieve
good financial governance