Topic: Good Corporate Governance By: Tania Ananda Mahdani (023113004) Pradypto Utomo (023111217) Trado Vansa Addraga (023113003) 1. How is the implementation of good corporate governance on companies in Indonesia? Answer: Recent experience indicate that it isn`t sufficient for management just to rely on how efficient is the process of managing. It needs a new instrument‚ Good Cooperate Governance (GCG)‚ to prove that the management is going well. This
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“Fighting corruption is not just good governance. It’s self-defense. It’s patriotism.” - Joe Biden. Corruption has been present in everything from government to businesses in one way or another you can alway find it‚ not only is it easy to fall into but is almost impossible to get out of. Corruption also comes in places that you would never guess like in a play. William shakespeare wrote Hamlet with many examples hidden within. Corruption can be traced really far back and also to the highest of the
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congress saying corruption has now became a raging epidemic. 2. Thank you all for your presence at this stage to talk about a subject that is of interest to all of us. I refer to corruption. Corruption Corruption is a global phenomenon. Corruption is a disease in both endemic and epidemic. It marks mockery of administration‚ development and democracy. Corruption in public life has reached an alarming stage and has enraged. Globally a sensitive issue the level of corruption has also increased
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Suharto‚ after 30 years in office left Indonesia an economic wreck. Internal dissent was suppressed. He also used “crony capitalism” to advance his family’s businesses and friends’ as well. 1997 marked the bottom for Indonesia and the International Monetary Fund gave Indonesia $43 billion. Of course Suharto took this money for personal gain. The political and economic factors were caused by Suharto. 2. Why do you think foreign firms have been exiting Indonesia in recent years? What are the implications
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Corruption The word corrupt when used as an adjective literally means "utterly broken".[1] The word was first used by Aristotle and later by Cicero who added the terms bribe and abandonment of good habits.[2] Morris‚[3] a professor of politics‚ corruption is the illegitimate use of public power to benefit a private interest. Economist I. Senior[4] defines corruption as an action to (a) secretly provide (b) a good or a service to a third party (c) so that he or she can influence certain actions which
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Indonesia - The Troubled Giant Indonesia is a vast country. Its 220 million people are spread out over some 17‚000 islands that span an arc 3‚200 miles long from Sumatra in the west to Irian Jaya in the east. It is the world’s most populous Muslim nation - some 85 percent of the population count themselves as Muslims -but also one of the most ethnically diverse. More than 500 languages are spoken in the country‚ and separatists are active in a number of provinces. For 30 years this sprawling
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Indonesia: The Troubled Giant Question 1: What political factors explain Indonesia’s poor economic performance? What economic factors? Are these two related? The impeachment of the Indonesian dictator Suharto is widely considered one of the most exciting political happenings of recent years. Indonesia is the world’s fourth biggest country‚ with a population of 202 million people; Suharto had ruled the country with an iron fist for about 32 years. The fact that his absolute
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Cultural Endemic Diseases Sabrina Bojo Nursing 332 Eldon Walker‚ MS‚ RN Cultural Endemic Diseases Hypertension‚ or high blood pressure‚ is estimated to affect one billion people worldwide. It is known as a silent killer and is classified as a persistent systolic blood pressure equal to or greater than 140 mm Hg. The prevalence (how many people have a specific disease) of hypertension increases as you age. This means that there are more people with hypertension who are above the age of 55
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year of President Sukarno in the early 1960s‚ Indonesia experienced rapid and lasting economic growth for three decades under the New Order government of President Suharto. The economic growth was followed by a severe decline in poverty‚ as it went from 40% of the population in 1976 to 11% in 1996. However‚ looking only at the New Order’s economic accomplishment and ignoring its downfalls give us an unfair view of that time era. The general view in Indonesia is that after the Asian economic crisis‚ the
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Decolonization in Indonesia Reynaldi Gunawan Grade 12 Indonesia started their decolonization process at 1820. It took them about 130 years to successfully decolonized themselves from the Dutch‚ which happened in 1950. They Dutch already colonized Indonesia even way before 1820‚ but Indonesia started the struggle in the year 1820. Even though Indonesia gained independence in 1945‚ they haven’t get rid of the Dutch until 1950‚ so the process of decolonization ended at 1950 instead of 1945. It
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