Corporate governance online

Corporate governance online

JAKARTA (JP): A private corporate governance watchdog unveiled
on Tuesday a service on its website for companies to assess their
corporate governance.

Eddie M. Gunawan, acting chairman of the Forum for Corporate
Governance in Indonesia (FCGI), said their corporate self-
assessment checklist service was aimed at helping companies to
examine how well they had implemented good corporate governance.

The forum had sent out invitations to 309 publicly listed
companies to fill in the questionnaire available on the
www.fcgi.or.id

By answering the questionnaire, the companies could examine
the soundness of the corporate governance implemented in their
respective organizations.

"We hope, from the answers that we receive, we would be able
to create a general view of how comprehensive good corporate
governance is being implemented in the companies," he said,
adding that he hoped more than 60 percent of the companies would
respond by next month.

He said the results of the survey would be distributed to the
public through the media.

FCGI was formed by 10 local business associations, which were
concerned with the promotion of good corporate governance in the
country. (tnt)