| Summary: | Banks are companies providing financial services which possess important
roles in improving the growth and the stability of a country's economy. The
economic crisis from 1997 to 1998 and in 2008 becomes an Indonesian banking
industry experience upon the weak implementation of the corporate governance
which possesses a major impact for the banking.
The objective of this research was to measure and assess the quality of
corporate governance based on the Center for Good Corporate Governance of
Gadjah Mada University (CGCG UGM) rating model at Bank of Papua in 2013.
The research used CGCG UGM rating model which was based on the corporate
governance principles, comprising of transparency, accountability, responsibility
and fairness. It also involved the participants or respondents of Corporate
Governance, including the Commissioners, Board of Directors, Committees,
Auditors and Stakeholders.
The assessment of the implementation of corporate governance based on
Center for Good Corporate Governance of Gadjah Mada University (CGCG
UGM) rating model at Bank of Papua in 2013 results in the grade \"A\" which has a
total score of 3437.12 out of a maximum score of 4160 or 82.62%, and ranks 4
th
out of 16 rankings. Therefore, it can be determined that the implementation of
corporate governance at Bank of Papua has not been optimal according to CGCG
UGM.
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