GROUP 1

AMIN ILYAS 12P20002

FARHAN GILANG PRATAMA 12P20005
FARHAN MAR’I ISA 12P20006
KARTIKA TAMARA MAHARANI 12P20008
KEVIN REINALDY RISKIAWAN 12P20009
VANIA ASYIFFA 12P20015
Personal Ethical Issue - Ari Askhara (CEO of Garuda)
Keywords Theory Linkage

● Smuggling ● Misuse of Company Resources (page 44)

● State-owned ● Ethical and Social Responsibility (Regulation
● Illegal cargo of accounting and finance) (page 39-40)
● Firing ● Employee Relations (page 56)
● Regulated procedures ● Misuse of Company Time (page 43)
● Accounting errors
● Disassembled
● Avoiding customs duties
● Exploitation
● False Accusations
● Tax Evasion
● Embezzlement

2
Corporate Ethical Issue - Jouska (Financial Advisory Firm)
Keywords
● Illegal investment
● License falsification practices
● Negligence
● Money Laundering
● Capital Market Law
● Firm closure
Theory Linkage
● Conflict of Interest (page 45)
● Fairness and Honesty (page 47)
● Consumer Relations (page 57)
● Corporate citizenship (page 53)
● Communications (page 48)
● Business Relationships (page 48)
● Unemployment (page 61)
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 Ethical Issue Consideration
CASE 1: CASE 2:
QUESTIONS
ARI ASHKARA JOUSKA

Are there any potential legal restrictions or violations that could Yes Yes
result from the action

Does the company have a specific code of ethics or policy on the Yes Yes
action

Is this activity customary in the industry? Are there any industry Yes No,
trade groups that provide guides or codes of conduct that address Yes (INACA) Yes (FPSB
this issue? Indonesia, OJK)

Would this activity be accepted by your co-workers? Will the No No

decision or action withstand open discussion with co-workers and No No
managers survive untarnished?

How does this activity fit with your own beliefs and values? Doesn’t fit Doesn’t fit
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APPENDICES

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Kehadiran pesawat baru Garuda Indonesia seri A330-900 Neo ikut disambut barisan mobil mewah dan
motor gede di hanggar GMF, Bandara Soekarno-Hatta pada akhir November 2019. Sumber: Istimewa

Menteri Keuangan Sri Mulyani bersama Menteri BUMN Erick Thohir dan Dirjen Bea Cukai Kemenkeu Heru
Pambudi saat konferensi pers penyelundupan motor Harlery Davidson dan sepeda Brompton
menggunakan pesawat baru milik Garuda Indonesia di Jakarta, Kamis (5/12/2019). (merdeka.com/Iqbal S
Nugroho)
Financial Professional Code of Ethics

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Independent Financial Planner - Requirements

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LIST OF REFERENCES
Textbook:

● Ferrell, O.C., Hirt, G.A. and Ferrell, L. (2020). Chapter 2: Business Ethics and Social Responsibility. In: Business Foundations: a Changing
World. New York: Mcgraw-Hill Education, pp.36–71.

Personal Ethical Issue - Dirut Garuda Arki Ashkara (Harley)

● Jakarta Globe. (n.d.). Customs Office Builds Criminal Case Against Disgraced Garuda Directors. [online] Available at:
https://jakartaglobe.id/business/customs-office-builds-criminal-case-against-disgraced-garuda-directors [Accessed 20 Feb. 2021].
● Ma, A. (n.d.). Indonesia’s flagship airline fired its CEO over claims he smuggled a Harley-Davidson motorbike into the country on one of its
planes. [online] Business Insider. Available at:
https://www.businessinsider.com/indonesia-garuda-ceo-ari-askhara-smuggle-harley-davidson-airbus-a330-2019-12.
● Post, T.J. (n.d.). Garuda Indonesia president director fired after smuggled bikes found on plane. [online] The Jakarta Post. Available at:
https://www.thejakartapost.com/news/2019/12/05/garuda-indonesia-president-director-fired-after-smuggled-bikes-found-on-plane.html
[Accessed 20 Feb. 2021].

Corporate Ethical Issue - Jouska (Fraud)

● Integrity Asia. (2020). The Jouska Case, License Falsification Practices. [online] Available at:
https://integrity-asia.com/blog/2020/09/16/the-jouska-case-license-falsification-practices/ [Accessed 20 Feb. 2021].
● Post, T.J. (n.d.). Jouska founder admits management negligence in Rp 13b client settlement. [online] The Jakarta Post. Available at:
https://www.thejakartapost.com/news/2020/09/02/jouska-founder-admits-management-negligence-in-rp-13b-client-settlement.html [Accessed
20 Feb. 2021].
● World Today News. (2020). Attorney Leave Jouska After Losing Client. [online] Available at:
https://www.world-today-news.com/attorney-leave-jouska-after-losing-client/#:~:text=The%20case%20that%20shackled%20PT [Accessed 20
Feb. 2021].

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