Corporate Governance Management
Corporate Governance Management 081-6133-9900
Corporate Governance
Is the system, principles, and processes that govern how a company is run and controlled. The goal is to maintain a balance between the interests of all stakeholders, such as shareholders, management, employees, customers, and the community.
Main Components of Corporate Governance
Transparency
The company must be honest and open in conveying important information. For example, such as financial conditions, annual reports, to major decision-making.
Accountability
Every structure in the organization (board of directors, commissioners, management) must have clear and accountable responsibilities.
Responsibility
The company is required to comply with applicable laws and regulations and carry out business activities ethically and sustainably.
Independence
The company’s decision-making must not be influenced by parties with personal interests.
Fairness
All shareholders and stakeholders must be treated fairly and equally.
Benefits of Good Corporate Governance for Business
Increasing Investor and Public Trust
In this case, investors will have more confidence in transparent and accountable companies. With good governance, financial reports, strategic decisions, and risks are clearly communicated. This provides a sense of security for shareholders and business partners.
Ensuring Operational Performance and Efficiency
With good governance creates a neat and clear work system. So that every part of the company knows its duties and responsibilities. In addition, the decision-making process also becomes faster and more precise, which ultimately has an impact on the efficiency and productivity of the company.
Avoiding Abuse of Authority and Conflict of Interest
One of the main risks in business is the deviation of authority. In this case, with a clear monitoring system and organizational structure, the potential for conflicts of interest or unethical actions can be prevented early on.
Improving Company Reputation
Companies that implement good governance principles will be known as professional, honest, and ethical companies. With this positive reputation, it is very important in the long term, especially to attract new customers, business partners, and the best talents.
Your Comprehensive Corporate Secretary Services in Indonesia
With Portcorp, you can get a dedicated company secretary to support you with what you need. Our company secretary will keep track of deadlines and file paperwork so that your business stays compliant.
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