Sunday, August 9, 2009

Good Corporate Governance

What indeed is Good Corporate Governance (GCG) ? When translated to mean the general public, among others, the terms of the Good Company. How do I manage the company well? Here GCG principles teach-principle.

1. Transparency
That is managing the company in a transparent with all stake holders (those who are involved directly and indirectly with the activities of the company). Here, the management company must be transparent to a stock investor, it is honest in making business reports, not manipulatif. Information transparency in the decision making process and the disclosure of information that are considered important and relevant.

2. Accountability
Clarity that is the function, structure, systems and accountability in the company, so that the management company can be done effectively and efficiently. Management must create a job description is clear to all employees and emphasize 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
That is aware that there are parts of the company that brought the impact on the environment and society in general. Here the company must pay AMDAL, the security environment, and themselves with the suitability of norms that apply in the local community. Companies must proactively apresiatif and social shock to each and every community that developed in the community.

4. Independence
That is coupled with a walk upright with the community. Company must have full autonomy so that decision-taking is done with consideration of the authority in full. Companies must run with the benefit to be able to maintain the sustainability of business, but not without seeing the benefit of others who should also be hit. Everything must be hit and no one is harmed.

5. Fairness
That is a kind of equality or fair treatment in the rights and meet their obligations to the stake holders arising under the agreement and the laws that apply. Companies must create a solid system to make it all work as expected. With the job fair is expected that all existing rules be obeyed in order to protect all those who have the interests of the sustainability of our business

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