Evaluation of Governance Implementation Minahasa Regency Drinking Water Company

This study aims to evaluate the implementation of the principles of Good Corporate Governance (GCG) in the Regional Water Company of Minahasa Regency (Perusahaan Daerah Air Minum/PDAM) whether it is following Government Regulation Number 54 of 2017 article 92 concerning Good Corporate Governance by referring to the GCG policy instrument by the National Committee on Governance Policy in 2006. Research method: the researcher uses descriptive qualitative research, data collection techniques: interviews, observation, documentation. In-depth interviews were conducted with logical questions based on guidelines, interviews were conducted with strong intimacy, and the researcher appreciated the value of interviews as a data collection tool. Data analysis techniques: qualitative data analysis with data reduction, presentation, and data verification. Research Results: Transparency, Accountability, Responsibility, and Independence as well as Fairness, have been carried out formally, only Fairness has been implemented optimally. Recommendations from researchers are to provide independence in tariff adjustments, refine policies, cultivate GCG principles, and restructuring