Good Corporate Governance

What exactly is Good Corporate Governance? When translated in layman can mean among other things by the term Managing Company In Good. How to manage the company properly? This is where good corporate governance principles are taught.

1. Transparency

Which manages in a transparent manner with all stake holders (people who are involved directly or indirectly with the company’s activities). Here, the manager must act in a transparent company to investors in shares, it is honest in making statements of operations, not manipulative. Disclosure of information in the decision making process and the disclosure of information deemed important and relevant.

2. Accountability

Namely clarity of function, structure, systems and accountability within the company, so the management company can run effectively and efficiently. Management must make a clear job description to all employees and confirms the basic functions of each part. From here the company will become clear rights and obligations, functions and responsibilities and authority in any company policy.

3. Responsibility

Are aware that there are parts of a company that had an impact on the environment and society in general. Here the company must pay attention to environmental impact, environmental security, and conformity to the norms prevailing in the local community. Companies should be appreciative and proactive to any society and every social turmoil that developed in the community.

4. Independency

Ie walking upright with a hand with the community. Companies should have a fully autonomous decision-making so that decisions made on the basis of existing authority in full. Must walk with a profitable company in order to maintain continuity of business, however, not the benefits regardless of other people who also need luck. Everything must be lucky and no one was harmed.

5. Fairness

That kind of equality or fair treatment in fulfilling the rights and obligations to the stake holders arising under treaties and laws and regulations. Companies should establish a solid system to make it all work as expected. With the job fair are expected to obey all the rules that exist to protect all those who have interest in the sustainability of our business.