What's really Good Corporate Governance? When translated in layman can mean, among others, by the term Minding In Good Company. How to take care of a good company? This is where good corporate governance principles taught.
1. TransparencyIe transparently manage the company with all the stakeholders (those involved directly or indirectly with the company's activities). Here, managers must act in a transparent company to stock investors, it is honest in reporting business, not manipulative. Disclosure of information in decision-making process and the disclosure of information deemed important and relevant.2. AccountabilityThat clarity of function, structure, systems and accountability within the company, so that the management company can be accomplished 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 responsibilities, functions and responsibilities and authority in any company policy.3. ResponsibilityThat is to realize that there are parts of the company have a devastating impact on the environment and society in general.Here, companies must pay attention to Amdal, environmental safety, and suitability to the norms prevailing in the local community. Companies must be appreciative and be proactive against every society and every social turmoil that developed in the community.4. IndependencyIe walking upright with a hand with the community. The company should have full autonomy so that decision-the decision-making is done by consideration of the existing authority in full.Companies must run in order to maintain continuity of profitable business, yet not profit without seeing another person who must also be profitable. Everything has to be lucky and no one was harmed.5. FairnessThat kind of equality or fair treatment in fulfilling the rights and obligations to stakeholders arising under treaties and laws and regulations. Companies must create a solid system to make everything work as expected. With the job fair is expected to obey all laws that exist to protect all those who have an interest in the continuity of our business.
