The Company continues to strive to maximize the five basic principles of GCG, namely transparency, accountability, responsibility, independence, and fairness as the foundation of the Company’s daily operations. This is based on the Company’s awareness on the importance of implementing GCG principles in achieving its vision and mission.
GCG internalization within the Company is carried out by applying GCG values into all business processes including Procurement Procedures, Employee Selection Procedures, Acceptance Procedures, Reporting Procedures, and Marketing Procedures. The Company also periodically conducts activities that provide information to external parties regarding the Company’s operational and financial performance through:
- Investor relations activities (analyst meetings and roadshows to various investment institutions)
- Annual public exposure
- Update the Company’s website regularly (www.akr.co.id)
- Periodic dissemination of information in the form of news releases to stakeholders.
The introduction and understanding of the Company’s commitment to GCG to all levels of the Company is continuously implemented in every business activity of the Company. There are three main focuses of the Company’s concern regarding the implementation of GCG in the Company, including:
- Compliance, is the principle of Company’s compliance with good corporate governance in all aspects, including the implementation of Company policies.
- Confidence, instilling an optimistic attitude and confidence that the Company always provides the best for all stakeholders.
- Transparency, the Company always prioritizes the principle of transparency and always provides the information needed for investors.
The Governance Guidelines cover 5 aspects, 8 principles and 25 recommendations for the implementation of good corporate governance aspects and principles. Recommendations for applying the aspects and principles of good corporate governance in the Governance Guidelines are the implementation standards of aspects and principles of good corporate governance that the Company must apply to implement the principles of governance.
The description of the implementation can be submitted, as follows:
The Governance Guidelines cover 5 aspects, 8 principles and 25 recommendations for the implementation of good corporate governance aspects and principles. Recommendations for applying the aspects and principles of good corporate governance in the Governance Guidelines are the implementation standards of aspects and principles of good corporate governance that the Company must apply to implement the principles of governance. The description of the implementation can be submitted, as follows:
