IICD Event

ACGS & Comply or Explain

 

ASEAN CG SCORECARD

Go Beyond Compliance with ASEAN CG Scorecard!

The ASEAN Corporate Governance (CG) Scorecard is among a number of major regional initiatives under the ASEAN Capital Market Forum, aimed at raising CG standards and practices in ASEAN and enhancing the visibility and investment profile of ASEAN public listed companies (PLCs), internationally. The OECD Principles of Corporate Governance (OECD Principles) were used as the main benchmark for developing the Scorecard, given its global acceptance by policy-makers, investors and other stakeholders. The assessment of PLCs based on the scorecard only relies on information which is publicly published and which is easily accessible and understood.

From its early year in 2012, ASEAN CG Scorecard has been published by Indonesia Financial Services Authority known as Otoritas Jasa Keuangan (OJK) in accordance to encourage Public Listed Companies in Indonesia to use the Scorecard as their benchmark and tool to improve their Corporate Governance (CG) best practices. By implementing the ASEAN CG Scorecard consistently, the Public Listed Companies could develop their CG disclosure policies and practices.

Objectives of the Training Program

To furnish training participants from Public Listed Companies with in-depth understanding of the ASEAN CG Scorecard so that the participants will be able to use it for enhancing corporate governance disclosure policy and practices in their companies. Also to enhance their knowledge about OJK Regulation Number 21 and OJK Circular Letter Number 32 (POJK No. 21 & SEOJK No. 32) about ‘Complain or Explain’. Hence, this hopefully will initiate improvement in CG practices of the PLCs.

After you joined this training program, you will be able to:

ASEAN CG Scorecard

Discussion Topic:

Introduction and Overview of the ASEAN CG Scorecard

Responsibility of the Board

Role of Stakeholders

Protection of Shareholders’ Rights

Equitable Treatment of Shareholders

Disclosure and Transparency

Bonus and Penalty

Comply or Explain Principles (Bonus)

As a valuable bonus, you may get an additional knowledge about the “Comply or Explain” Principles (POJK No.21 / POJK.04 / 2015 and SE OJK No.32 / SEOJK.04 / 2015) which contain 5 aspects, 8 principles, and 25 recommendations on implementing the best practices Good Corporate Governance with the “Comply or Explain” approaches.

ACGS Plus Comply and Explain Principles “

08.45 – 09.00

 

Registration and Morning Snack

Introduction to IICD Programs

Oleh : Vita Diani Satiadhi, MM ( Executive Director IICD )

 

 

 

09.00 – 09.45

 

Introduction and Overview of the ASEAN CG Scorecard

Fasilitator : Dr. James Simanjuntak/Lukas S. AtmajaPh.D/Prof.Dr. Sidharta Utama Module Content :

  • Background and the need for ASEAN Corporate Governance Scorecard
  • Structure of 2017 Asean CG Scorecard
  • Scoring methodologythe ASEAN CG Scorecard
  • Implementing ASEAN CG Scorecard

 

 

09.45 – 10.30

 

      (Rehat Kopi

      10.30 -10.45)

Protection of Shareholders’ Rights

Fasilitator : Dr. James Simanjuntak/Lukas S. AtmajaPh.D/Prof.Dr. Sidharta Utama

Module Content :

  • Component of Right of Shareholders (Part A)
  • Relevant rules, guiding reference, main source document for item in Part A
  • How to Implement : Some examples

 

 

10.45 – 11.30

 

Equitable Treatment of Shareholders

Fasilitator : Dr. James Simanjuntak/Lukas S. AtmajaPh.D/Prof.Dr. Sidharta Utama

Module Content :

  • Component of Equitable Treatment of Shareholders (Part B)
  • Relevant rules, guiding reference, main source document for item in Part B
  • How to Implement : Some examples

 

 

11.30 – 12.15

(Rehat Kopi 12.15 -13.15)

Role of Stakeholders

Fasilitator : Dr. James Simanjuntak/Lukas S. AtmajaPh.D/Prof.Dr. Sidharta Utama

Module Content :

  • Component of Role of Stakeholders (Part C )
  • Relevant rules, guiding reference, main source document for item in Part C
  • How to Implement : Some examples

 

 

13.15 – 14.00

 

Disclosure and Transparency

Fasilitator : Dr. James Simanjuntak/Lukas S. AtmajaPh.D/Prof.Dr. Sidharta Utama

Module Content :

  • Component of Role of Stakeholders (Part D )
  • Relevant rules, guiding reference, main source document for item in Part D
  • How to Implement : Some examples

Click here for Agenda & Registration Form