Ethics,

Governance &
RICK 1
Sustainability
in Business
LEE
SUPER
Mini Case INFRA
Presentation STRUCTURE
By
THE FOUNDER
Hardi Raimee THE CHAIRMAN
MBA Candidate THE CEO
$250k
G2227473 $1million
“ I KNOW HOW TO RUN
THE BUSINESS… AND THEY
SHOULD JUST TRUST ME
TO DO MY JOB”
 NATURE OF AGENCY PROBLEM IN SUPER INFRASTRUCTURE 2

Dominancy of Managerial Poor Corporate

Controller Entrenchment Governance
A. Adverse Selection Agency Problem
B. Moral Hazard Agency Problem
C. Type 1 Agency Problem = Separation of ownership from control leads to owner
incapable to properly monitor managers and managers exert business property for
their private purpose.
 SUPER INFRASTRUCTURE
CORPORATE GOVERNANCE STRUCTURE 3
SHAREHOLDERS
Founder – Ricky Lee

BOD
1. Chairman – Ricky Lee
2. ED 1 - Family
3. ED 2 - Family
4. ED 3 - Family
5. ED 4 – Non Family
6. NED 1 Monitors
7. NED 2
8. ID 1
9. ID 2

Remuneration Comm Nomination Comm Audit Comm

➢ Chairman – Ricky Lee ➢ Chairman – Ricky Lee

TOP MANAGEMENT Controller

❖ CEO – Ricky Lee
RECOMMENDATION 4
Improvement For Super Structure
BOD
Corporate Governance Increase Number of Independent
Executive Director in BOD

Chairman
New Chairman for Remuneration,
Nomination and Audit Committee

Additional Position in Management

Appointment of CFO in the
Management

Remuneration
Offer Better Remuneration for
Director

Transparency
Open Tender for External Auditor
Appointment