Recommendations and followup action based on bank mandiris 2017 asean cg scorecard score, the assessor has provided several recommendations for the implementation of gcg at bank mandiri. Asean corporate governance scorecard country reports and assessments 2015. Asean common competency standards for tourism professionals and the common asean tourism curriculum have been developed. The asean corporate governance scorecard acgs, created by the asean capital markets forum acmf, was launched in 2011 as one of the initiatives to prepare for the asean economic integration in 2015. Meralco 20142015 asean corporate governance scorecard self assessment part e. Part e board duties and responsibilities bagian e tugas dan tanggung jawab dewan komisaris. Country philippines name bdo insurance brokers, inc. Understand the overall evidences of cg practices of large indonesian plcs based on the. Peringkat asean corporate governance scorecard acgs rsm.
The main objectives of the acgs, which is funded by the asian development bank, is to rank asean publiclylisted companies and raise corporate governance standards and practices of those companies. Peringkat asean corporate governance scorecard acgs tata kelola emiten makin membaik. The scorecard is a useful tool to demonstrate asean members commitment to sound corporate governance which will be important to increase foreign direct investment into the region. This initiative is undertaken in parallel with the efforts to.
Asean corporate governance scorecard asian development bank. About asean cg scorecard thai institute of directors. Scorecard ini juga telah digunakan untuk menilai praktek cg perusahaan terbuka di negara asean lainnya yaitu. Equitable treatment of shar eholders perlakuan setara terhadap pemegang saham. Asean corporate governance scorecard as of may 2017.
A copy of the acgs template can be accessed by clicking on this link. Does the company disclose its corporate governance policy board charter. Surveyed companies rely on primarily on information from annual report and company website. Customer satisfaction result annual report of bank mandiri fy 2019, page 771. Asean corporate governance scorecard securities and.
Corporate governance refers to the system of governance which controls and directs corporations, and monitors their actions and policies. Structure of the corporate governance code 5 areas vietnams cg code of best practices draws upon the g20oecd principles of corporate governance, the 2017 association of southeast asian nations asean corporate governance scorecard, as well as other countries cg codes. Antam is a vertically integrated, exportoriented, diversified mining and metals company. As one of among 100 public listed companies in indonesia stock exchange with the largest market capitalization in indonesia, pt abm investama tbk has been involved in the compliance assessment on good corporate governance with other public listed company in south east asia region, namely the asean corporate governance scorecard acgs, which conducted by the institute for corporate. Asean corporate governance scorecard acgs started in 2011 6 participating countries include indonesia, malaysia, philippines, singapore, thailand and vietnam underlying rationale reflect global principles and internationally recognised good practices universal and capable of being applied to different markets in asean. Peringkat asean corporate governance scorecard acgs.
Asean corporate governance scorecard assessment score over years is as follows. Part b equitable treatment of shareholders bagian b perlakuan setara terhadap pemegang saham. Acmf the asean corporate governance scorecard pt bank danamon. Acgs is an instrument for assessing and ranking publiclylisted companies plcs in six participating asean countries, namely. Click the links below to see meralcos corporate governance practices visavis the five chapters or segments of the asean cg scorecard in line with the oecd framework.
Asean corporate governance initiative of the asian development bank and the asean capital markets forum, over 500 top publicly listed companies from six asean countries were assessed. Pdf asean cgscorecard william friendica map academia. Asean corporate governance scorecard country report for. Adb in partnership with the asean capital markets forum have jointly developed the asean corporate governance scorecard, an assessment based on. Background asean capital markets forum acmf implementation plan in 2009, the asean finance ministers endorsed the acmf implementation plan to promote the development of an integrated capital market. Top 50 emiten dengan skor terbaik berdasarkan asean cg. Vietnam corporate governance code towards international. The fifth meeting of the oecdsoutheast asia corporate governance initiative will discuss the steps taken by the governments of myanmar, viet nam, laos and cambodia towards the development and improvement of sound corporate governance frameworks since the initiative started in 2014. Role of asean corporate governance scorecard in relationship. Malaysia jointly led the publication of this report. Aboitiz power governance reports and corporate scorecards. Self assessment of the asean cg scorecard 2016 acmf the asean corporate governance scorecard pt bank danamon indonesia, tbk. Phase bank mandiris score 2017 2016 2015 score 104.
Risk management and good corporate governance cg were the focus at sids. Securities and exchange commission philippines about asean corporate governance view. Bank bri has disclosed a statement confirming the companys compliance with the code of corporate governance. The asean corporate governance scorecard is an initiative under the asean capital markets forum acmf. The myanmar corporate governance scorecard uses the asean corporate governance scorecard questionnaire to assess the governance practices of 24 myanmar companies and generates a mean score to indicate their level of compliance. Asean corporate governance scorecard for financial year ended 31 december 2018 yesno page reference in uob annual report 2018 ar comments where applicable including voting procedures, that govern general shareholder meetings. Top 50 emiten dengan skor terbaik berdasarkan asean cg scorcard. Firms in southeast asia most positive about outlook. Asean regional scorecard experience the asean corporate governance scorecard is a joint initiative of the asean capital markets forum and the asian development bank. Launch of the brc guide and the asean cg scorecard 2015.
Responsibilities of the board scorecard item guiding reference answer yesnoe glo remarks. Acmf asean corporate governance scorecard 1 as at april 2015 level 1 a. Stockcode expert name sector insurance brokers year 20 date of financial year end311220 source document location of information yes no point remarks level 2 bonus items a rights of shareholders a. Selfassessment item corporate governance standard guiding reference response public disclosures level 1 part a rights of shareholders a. The asean cg awards reflects thaicoms outstanding score in terms of corporate governance practices based on assessment using the asean corporate governance scorecard acgs. With operations spread throughout the mineralrich indonesian archipelago, antam undertakes all activities from exploration, excavation, processing through to marketing of nickel ore, ferronickel, gold, silver, bauxite and coal. The oecd principles of corporate governance were used as the main benchmark for developing the standardised asean corporate governance scorecard. Country philippines plcname bdo insurance brokers, inc. Through the standardized evaluation of corporate governance practices and principles the scorecard provides, the initiative aims to raise the overall corporate governance standards of plcs in the region, to increase their visibility to investors, and to promote the asean as a wise investment destination. Asean corporate governance scorecard asean business news. Asean corporate governance scorecard country reports and assessments 20112014 asean corporate governance scorecard.
The acmf endorsed the asean scorecard and the methodology used in the ranking exercise but was not involved in the assessment and selection of the publicly listed companies in the sample. The asean corporate governance scorecard country reports and assessments 2015 is a joint initiative of the asean capital markets forum and the asian development bank. Managing partner consulting rsm indonesia angela simatupang kiri memberikan keterangan saat berdiskusi dengan media tentang pemeringkatan asean corporate governance scorecard acgs di jakarta, senin 97. Board duties and responsibilities tugas dan tanggung jawab dewan komisaris. Does the annual report contain a statement confirming the companys full compliance with the code of corporate governance and where there is noncompliance, identify and explain reasons for each such issue. Asean corporate governance scorecard 2017 2018, an initiative of asean capital market forum in partnership with adb.
Oecdsoutheast asia corporate governance initiative oecd. Asean corporate governance scorecard country reports and assessments 2015 joint initiative of the asean capital markets forum and the asian development bank good corporate governance practices reduce vulnerability to financial crises, reinforce property rights, reduce the cost of capital, and lead to greater capital market development. Asean corporate governance scorecard corporate governance. Stockcode expert name sector financials year 2012 date of financial year end31122012 source document location of information yes no point remarks d disclosure and transparency d. Country reports and assessments 2012 20 mandaluyong city, philippines. Explanation do shareholders have the right to participate in. Dbs group holdings ltd dbs please contact our investor. Associate professor lawrence loh, the director of the cgio, said another worrying finding was the widening gap between better performing largecap companies and the rest.
Six countriesindonesia, malaysia, the philippines, singapore, thailand, and vietnam. The asean corporate governance initiative comprising the asean corporate governance scorecard and the ranking of corporate governance practices of asean publiclylisted companies plcs is one of the regional initiatives under the asean capital markets forum which aims to raise corporate governance standards and practices of asean plcs and. Philippines securities and exchange commission jointly led the publication of this report. Asean corporate governance scorecard country reports and. Right to participate in decisions concerning fundamental corporate changes. The asean tourism strategic plan 20112015 is being developed to succeed the current roadmap, paving the way for greater integration in the tourism sector. The asean corporate governance scorecard the inaugural 20 scorecard evaluated the top 100 listed companies in malaysia, philippines, indonesia, thailand, and singapore and 39 companies in viet nam. Acmf asean corporate governance scorecard 2 as at april 2015 a. Scorecard enhancement o scorecard revised in 2016 o g20oecd principles of corporate governance used as main benchmark scorecard enhancement scorecard assessment will be conducted every two years to allow companies to incorporate improvements to their corporate governance practices based on their previous assessment results 6. Country reports and assessments 201220 mandaluyong city, philippines. This scorecard follows the sequence and content of the organisation for economic cooperation and development oecd principles of corporate governance. Peringkat asean corporate govemance scorecard acgs indonesia pada 2017 mengalami peningkatan dari.
The asean corporate governance scorecard view download pdf. This ranking will help to elevate the level of corporate governance quality among thai listed companies in asean. Asean corporate governance scorecard asean capital. Southeast asian nations asean, under the asean capital markets forum acmf participating countries indonesia malaysia philippines singapore thailand vietnam to raise cg standards of publicly listed companies in asean countries and increase their visibility to investors objective asean cg scorecard 12. This 2015 asean sociocultural community ascc scorecard informs how far the sociocultural pillar of the asean community 2015 has been achieved in terms of the goals, strategic objectives and targets set by the asean leaders in 2009. Asean cg scorecard assessment annual report of bank mandiri fy 2019, page 723 725. Asean corporate governance scorecard briefing singapore. Singapore rankings 2017 ranking 2015 ranking company name 2017 ranking 2015 ranking company name 51 first resources ltd 42 52 talkmed group ltd na 53 halcyon agri corp ltd na 54 bumitama agri ltd 46 55 raffles medical group ltd 79 56 metro holdings ltd 74 57 yanlord land group ltd 52 58 citic. Ten sm companies lead best practices in asean corporate. Enterprise with integrity top 100 listed companies by market capitalization as of 30 march that posted their annual reports in english on their websites. Corporate governance scorecard dalam menilai praktek cg perusahaan terbuka di indonesia. Asean corporate governance scorecard 2018 nus business. Draft guidelines on asean dispute resolution and enforcement options iii.