IICD - Indonesian Institute for Corporate Directorship
IICD and you as Partners, Alumnae, should work together to GROW FAST to foster the implementation of Good Governance in Indonesia, and East Asia countries.
IICD aspires to be a strategic partner in establishing good corporate governance by promoting the ethical corporate behavior and improving skills, knowledge and ability of corporate directors and commissioners.
We concentrate our activities on professional education for directors and commissioners; research on corporate governance, directorship, and performance; as well as advocacy in education and research.
As part of the role of IICD in internalizing best practices of good corporate governance and directorship in Indonesia, IICD had conducted the first corporate governance scorecard research that involved 61 leading Indonesian public-listed companies in 2005, and the second and third corporate governance scorecard in 2007 and 2009 that involved 341 Indonesian listed companies financed by the grants from CIPE (Center for International Private Enterprise). The results of the study needs to be disseminated to the regulators as well as the private sectors since they provide feedbacks to regulators and companies on how to improve governance practices in Indonesia. Firms that perform outstanding governance practices also need to be appreciated for their efforts and performances.
IICD has also conducted ROSC (Research on The Observance of Standards and Codes), a joint World Bank and International Monetary Fund (IMF) initiative to strengthen member countries financial system by improving compliance with internationally standard and codes.