The purpose of this research was to identified the principles of Good Corporate
Governance (GCG) which have not been significantly regulated in the Act Number 40 of
2007 on Limited Company. The research characteristic was qualitative descriptive. The
data that used were secondary data with primary, secondary, and tertiary legal materials
which were collected through a literature study. The result show that GCG principles
which have not been significantly regulated in the Act Number 40 of 2007 on Limited
Company were transparency principles; the requirement of direction and commissioner
council, not all companies must be audited, and empowerment of the company secretary
role. Accountability principles: requirement and duty of the independent commissioner,
duty of audit committee, nomination, remuneration. Responsibility principle: not all
companies should do the social and environmental responsibility. Independence principle:
the stockholder domination. Fairness principles: the protection of minority stockholders,
and CSR.