Expertise: Risk Management & Compliance

By Rusmaini Lenggogeni Issues regarding corporate governance in Indonesia revolve around the implementation of corporate governance in the regulations and the execution thereto. Compared to other countries, corporate governance in Indonesia is still developing, particularly for those businesses not covered by specific corporate governance regulations. However, with the regulations passed by the Financial Services Authority … Corporate Governance in Indonesia – Current Issues and Developments

By Rusmaini Lenggogeni The principal form of corporate/business organization that applies in Indonesia is a limited liability company. However, there are other forms of business organizations such as cooperatives, representative offices and partnerships. Sources of Corporate Governance Requirements Since corporate organizations in Indonesia largely take the form of a limited liability company, corporate governance in … Corporate Governance in Indonesia

SSEK partner Rusmaini Lenggogeni looks at corporate governance in Indonesia in the latest issue of The In-House Lawyer. Rusmaini discusses corporate governance rules and requirements in Indonesia, including the Indonesian Code of Good Corporate Governance and the handling corporate documents. You can find the article here. Rusmaini is a partner of the firm and leads its … Corporate Governance in Indonesia

By Rusmaini Lenggogeni Shareholders, since they provide the capital for the company, shall have rights and responsibilities toward the company in accordance with the relevant laws and regulations in Indonesia and the Articles of Association (AOA) of the company. Although shareholders do not par­ticipate directly in the management or supervision of the company, they are … Corporate Governance in Indonesia – Relationship Between Companies and Shareholders