CGC Corporate Good

PRINCIPLES Governance
Hello!
Nanda Dwi Kirana
175030207141006
Qorina Shalihah
175030207141019
 TRANSPARENCY INDEPENDENCY
• Basic principles • Basic principles
• Principal Guidelines • Principal
for Implementation Guidelines for
Implementation
TABLE OF CONTENTS

RESPONSIBILITY
• Basic principles
• Principal
Guidelines for
Implementation

ACCOUNTABILITY FAIRNESS
• Basic principles • Basic principles
• Principal • Principal
Guidelines for Guidelines for
Implementation Implementation
01
TRANSPARENCY
BASIC PRINCIPLES

● To maintain objectivity in doing business, companies must

provide material and relevant information in a way that is
easily accessed and understood by stakeholders.
● The company must take the initiative to disclose not only the
problems required by legislation, but also important thing for
decision making by shareholders, creditors and other
stakeholders.
 Principal Guidelines for Implementation

1. The company must provide information in a timely, adequate, clear, accurate

and comparable manner and is easily accessible to stakeholders in
accordance with their rights.
2. Information that must be disclosed includes, but is not limited to, the
company's vision, mission, business goals and strategy, financial condition,
composition and compensation of management, controlling shareholders,
share ownership by members of the Board of Directors and members of the
Board of Commissioners and their family members in the company and other
companies. , the risk management system, the system of supervision and
internal control, the system and implementation of GCG as well as the level of
compliance, and important events that can affect the condition of the
company.
3. The principle of openness adopted by the company does not reduce the
obligation to fulfill the company's confidentiality provisions in accordance with
statutory regulations, confidentiality of office, and personal rights.
4. Company policies must be in writing and proportionately communicated to
stakeholders
 02
ACCOUNTABILITY
BASIC PRINCIPLES

● The company must be able to account for its performance in

a transparent and reasonable manner. For that the company
must be managed properly, measured and in accordance
with the interests of the company while taking into account
the interests of shareholders and other stakeholders.
Accountability is a prerequisite needed to achieve
sustainable performance.
 Principal Guidelines for Implementation

1. The company must specify the details of the duties and responsibilities of
each company organ and all employees clearly and in harmony with the
vision, mission, corporate values ​(corporate values), and corporate strategy.
2. The company must believe that all company organs and all employees have
the ability in accordance with their duties, responsibilities and roles in
implementing GCG.
3. The company must ensure an effective internal control system in managing
the company.
4. Companies must have performance measures for all levels of the company
that are consistent with the company's business goals, and have a reward and
punishment system.
5. In carrying out its duties and responsibilities, every organ of the company and
all employees must adhere to the agreed business ethics and code of
conduct.
03
RESPONSIBILITY
BASIC PRINCIPLES

● Companies must comply with laws and regulations and carry

out responsibilities to society and the environment so that
business sustainability can be maintained in the long term
and be recognized as a good corporate citizen.
 Principal Guidelines for Implementation

1. Company organs must adhere to the principle of prudence and

ensure compliance with statutory regulations, statutes and company
regulations (by-laws).
2. The company must carry out social responsibility by including caring
for the community and environmental sustainability, especially around
the company by making adequate planning and implementation.
04
INDEPENDENCY
BASIC PRINCIPLES

● Expenditing the implementation of GCG principles,

companies must be managed independently so that each
organ of the company does not dominate each other and
cannot be intervened by other parties.
 Principal Guidelines for Implementation

1. Each organ of the company must avoid domination by any party, not
affected by certain interests, free from conflicts of interest and from
any influence or pressure, so that decision making can be carried out
objectively.
2. Each organ of the company must carry out its functions and duties in
accordance with the articles of association and legislation, not
dominating each other and / or throwing responsibilities between one
another.
 05
FAIRNESS
BASIC PRINCIPLES

● In carrying out its activities, companies must always pay

attention to the interests of shareholders and other
stakeholders based on the principle of fairness
 Principal Guidelines for Implementation

1. The company must provide the opportunity for stakeholders to

provide input and express opinions for the interests of the company
and open access to information in accordance with the principle of
transparency in the scope of their respective positions.
2. The company must provide equal and fair treatment to stakeholders
in accordance with the benefits and contributions made to the
company.
3. The company must provide equal opportunities in hiring employees,
having careers and carrying out their duties in a professional manner
regardless of ethnicity, religion, race, class, gender, and physical
conditio
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