One of the assessments conducted related to WIKA’s GCG is the ASEAN Corporate Governance Scorecard, governance practices measurement parameters, agreed upon by the ASEAN Capital Market Forum (ACMF). The parameters are based on OECD Principles and are expected to increase investor confidence in listed companies in ASEAN.
Criteria Used
The ASEAN Corporate Governance Scorecard assessment components include:
- Shareholder Rights
- Equal Treatment of Shareholders
- Role of Stakeholders
- Disclosure and Transparency
- Board Responsibility
Party Conducting the Assessment
The ASEAN Corporate Governance Scorecard assessment in WIKA at 2022 is conducted by an independent institution, IICD.
Rating Scores
Based on the WIKA GCG governance practices assessment results using the ASEAN Corporate Governance Scorecard principles, the total scores obtained were as follows:
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