Efektivitas Pengawasan OJK dalam Mencegah Korupsi pada Emiten dan Perusahaan Publik
Keywords:
OJK, corruption prevention, corporate governanceAbstract
This study analyzes the effectiveness of the Financial Services Authority (OJK) in preventing corruption practices within issuers and public companies in Indonesia’s capital market. As a regulatory body, OJK holds the authority to oversee and ensure the integrity of the financial system. However, its supervisory efforts still face significant obstacles, such as limited enforcement, weak internal controls, and the superficial application of good corporate governance (GCG). This research applies a normative juridical approach using secondary data derived from legislation, academic literature, and official reports. The findings indicate that although OJK has broad legal authority, its effectiveness remains limited in detecting and preventing corruption. This is due to challenges in internal supervision mechanisms, the lack of substantial GCG implementation, and insufficient inter-agency coordination. To improve oversight and reduce the risk of corruption, it is necessary to enhance OJK’s monitoring capacity, promote transparency in company practices, and encourage a culture of accountability and governance compliance.
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