TRANSPARENCY AS GOOD CORPORATE GOVERNACE AND HUMAN RESOURCES MANAGEMENT; MAIN PILLARS IN IMPROVING COMPANY PERFORMANCE

Abstract

This article discusses the crucial role of transparency, Good Corporate Governance (GCG), and human resource management (HR) in improving company performance. By implementing the principles of transparency and good GCG, as well as effective HR management, companies can create a productive work environment with integrity,thereby encouraging business growth and sustainability. The research method used is literature study. The results show differences from some previous studies. However, most indicate that transparency involves open and clear communication of a company's actions, decisions, and performance. This openness ensures that stakeholders, including employees, investors, customers, and the public, have access to accurate and timely information about the company. Studies generally show that transparency leads to higher trust and better performance. GCG practices can improve financial performance indicators like return on equity and net profit margin. HRM practices positively affect employee satisfaction and commitment, which enhances performance. the direct impact of GCG on financial performance may not always be significant when measured by certain financial metrics like ROI, ROE, and NPM