Published: 2026-08-01

Implementasi Good Corporate Governance Pada PT Vale Indonesia Tbk Tahun 2024 : Studi Kasus Kualitatif Pada Tantangan Regulasi Multi – Level dan Integrasi ESG

DOI: 10.35870/jemsi.v12i4.6255

Vema Fanaya Putri, Venni Avionita
  • Vema Fanaya Putri: Universitas Singaperbangsa Karawang
  • Venni Avionita: Universitas Singaperbangsa Karawang
No Cover Available
Article Metrics
Share:

Abstract

This study aims to analyze the implementation of Good Corporate Governance (GCG) principles at PT Vale Indonesia Tbk in 2024 and identify the barriers faced in its implementation. A qualitative approach with a case study design was used, analyzing data from corporate documents, sustainability reports, and related regulations. The results show that PT Vale has comprehensively implemented the principles of transparency, accountability, responsibility, independence, and fairness, as reflected in the high ACGS score. However, the implementation of GCG still faces obstacles related to multi-level regulatory complexities, supply chain compliance, and post-divestment coordination challenges. This study recommends the implementation of an integrated G-GRC system, enhancing ESG-based leadership capacity, and updating the whistleblowing mechanism to address these barriers.

Keywords

Good Corporate Governance; PT Vale Indonesia Tbk; Governance Risk and Compliance (G-GRC)

Peer Review Process

This article has undergone a double-blind peer review process to ensure quality and impartiality.

Indexing Information

Discover where this journal is indexed at our indexing page.

Open Science Badges

This journal supports transparency in research and encourages authors to meet criteria for Open Science Badges.

How to Cite

Putri, V. F., & Avionita, V. (2026). Implementasi Good Corporate Governance Pada PT Vale Indonesia Tbk Tahun 2024 : Studi Kasus Kualitatif Pada Tantangan Regulasi Multi – Level dan Integrasi ESG. JEMSI (Jurnal Ekonomi, Manajemen, Dan Akuntansi), 12(4), 3249-3257. https://doi.org/10.35870/jemsi.v12i4.6255
Article Information

This article has been peer-reviewed and published in the JEMSI (Jurnal Ekonomi, Manajemen, dan Akuntansi). The content is available under the terms of the Creative Commons Attribution 4.0 International License.

  • Issue: Vol. 12 No. 4 (2026)

  • Section: Articles

  • Published: 2026-08-01

AI Research Hub

This article is indexed and available through various AI-powered research tools and citation platforms. Our AI Research Hub ensures that scholarly work is discoverable, accessible, and easily integrated into the global research ecosystem.

Semantic Scholar Scite Dimensions Connected Papers
Scholarly Connection Platforms
Dimensions Dimensions Connected Papers Connected Papers Scite Scite Google Scholar Google Scholar Semantic Scholar Semantic Scholar Garuda Garuda Scilit Scilit Crossref Crossref BASE BASE Zenodo Zenodo Unpaywall Unpaywall OpenCitations OpenCitations
Author Biographies
Vema Fanaya Putri, Universitas Singaperbangsa Karawang
Google Scholar ResearchGate ORCID

Universitas Singaperbangsa Karawang, Karawang, Indonesia.

Venni Avionita, Universitas Singaperbangsa Karawang
Google Scholar ResearchGate ORCID

Universitas Singaperbangsa Karawang, Karawang, Indonesia.

References
  • Anandya, C. R., & K. (2020). Pengaruh whistleblowing system, budaya organisasi dan moralitas individu terhadap pencegahan fraud pada PT. Pelabuhan Indonesia III (Persero) Benoa Bali. Jurnal Ilmiah Akuntansi dan Humanika, 10(2), 186-192.
    Google Scholar Scite Semantic Scholar Scilit Crossref Connected Papers
  • Borahima, B. H. (2025). The relationship between business strategy formulation and financial ratios in assessing the performance of PT Vale Indonesia Tbk. Jurnal Ad'ministrare, 12(1), 99-106.
    Google Scholar Scite Semantic Scholar Scilit Crossref Connected Papers
  • Claessens, S. (2013). Corporate governance in emerging markets: A survey. Emerging Markets Review, 15, 1-33.
    Google Scholar Scite Semantic Scholar Scilit Crossref Connected Papers
  • Ilham, R. N. (2022). Pengaruh good corporate governance terhadap kualitas laba perusahaan sub sektor pertambangan logam dan mineral. Jurnal Ilmu Manajemen, 11(2), 129-138.
    Google Scholar Scite Semantic Scholar Scilit Crossref Connected Papers
  • Laku, R. R. (2025). Process of organizational governance maturity model of government internal supervisory apparatus in realizing good government in Sorong city. KnE Social Sciences, 10(18), 1023-1042.
    Google Scholar Scite Semantic Scholar Scilit Crossref Connected Papers
  • Muhammad, S. A. (2024). Corporate social responsibility programs in mining areas: Insights from stakeholder groups in Indonesia. Cogent Social Sciences, 10(1), 1-13.
    Google Scholar Scite Semantic Scholar Scilit Crossref Connected Papers
  • Nanda, P. S. (2025). Analysis environmental social governance disclosure on financial performance in Indonesia. Journal of Accounting and Financial Issue (JAFIS), 6(1), 28-40.
    Google Scholar Scite Semantic Scholar Scilit Crossref Connected Papers
  • Pettawali, A. F. (2024). Analisis risiko rantai pasok bahan baku dalam memenuhi permintaan konsumen pada industri pertambangan andesit di Cilegon. JISI: Jurnal Integrasi Sistem Industri, 11(2), 227-248.
    Google Scholar Scite Semantic Scholar Scilit Crossref Connected Papers
  • Pwypindonesia. (2022). Meluruskan konflik tata kelola pertambangan melalui forum multi-pihak (MSF). Diakses dari https://pwypindonesia.org: https://C/id/meluruskan-konflik-tata-kelola-pertambangan-melalui-forum-multi-pihak-msf/.
    Google Scholar Scite Semantic Scholar Scilit Crossref Connected Papers
  • Rildo, R.. D. (2024). Creating shared values: A case study of Samudera Indonesia and Soedarpo family. Journal of Sustainable Community Development (JSCD), 6(1), 22-32.
    Google Scholar Scite Semantic Scholar Scilit Crossref Connected Papers
  • Septiana, N.. A. (2025). Pengaruh good corporate governance dan corporate social responsibility terhadap nilai perusahaan dengan kinerja keuangan sebagai variabel intervening (studi empiris pada perusahaan pertambangan yang terdaftar di BEI periode 2021-2023). Jurnal Ekonomi dan Manajemen, 1, 727-749.
    Google Scholar Scite Semantic Scholar Scilit Crossref Connected Papers
  • Siddiq, N. K. (2025). Penerapan konsep ESG dalam regulasi dan praktik hukum di sektor energi. Jurnal Hukum Agama Hindu Widya Kerta, 8(1), 22-35.
    Google Scholar Scite Semantic Scholar Scilit Crossref Connected Papers
  • Silitonga, M.. A. (2019). Aspek hukum proses divestasi saham oleh perusahaan pertambangan asing. Jurnal Pasca Sarjana Hukum UNS, 7(2), 228-234.
    Google Scholar Scite Semantic Scholar Scilit Crossref Connected Papers
  • Sindu, K.. M. (2025). The influence of environmental performance and good corporate governance on firm value with financial performance as a mediating variable. Indonesian Journal of Multidisciplinary Science, 4(4), 295-309.
    Google Scholar Scite Semantic Scholar Scilit Crossref Connected Papers
  • Vale. (2025). Good corporate governance. Diakses dari https://vale.com/indonesia/good-corporate-governance.
    Google Scholar Scite Semantic Scholar Scilit Crossref Connected Papers
License & Copyright
Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Authors who publish with this journal agree to the following terms:

1. Copyright Retention and Open Access License

Authors retain copyright of their work and grant the journal non-exclusive right of first publication under the Creative Commons Attribution 4.0 International License (CC BY 4.0).

This license allows unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

2. Rights Granted Under CC BY 4.0

Under this license, readers are free to:

  • Share — copy and redistribute the material in any medium or format
  • Adapt — remix, transform, and build upon the material for any purpose, including commercial use
  • No additional restrictions — the licensor cannot revoke these freedoms as long as license terms are followed

3. Attribution Requirements

All uses must include:

  • Proper citation of the original work
  • Link to the Creative Commons license
  • Indication if changes were made to the original work
  • No suggestion that the licensor endorses the user or their use

4. Additional Distribution Rights

Authors may:

  • Deposit the published version in institutional repositories
  • Share through academic social networks
  • Include in books, monographs, or other publications
  • Post on personal or institutional websites

Requirement: All additional distributions must maintain the CC BY 4.0 license and proper attribution.

5. Self-Archiving and Pre-Print Sharing

Authors are encouraged to:

  • Share pre-prints and post-prints online
  • Deposit in subject-specific repositories (e.g., arXiv, bioRxiv)
  • Engage in scholarly communication throughout the publication process

6. Open Access Commitment

This journal provides immediate open access to all content, supporting the global exchange of knowledge without financial, legal, or technical barriers.

Downloads

Powered by Contrimetric

Recommendations