FORU considers that the implementation of good corporate governance (GCG) not as an obligation, but as a necessary requirement to achieve business continuity.
Commitment, consistency, and success have become major foundation in realizing the vision and mission set forth in the Articles of Association. Based on this insight, FORU is aware of the importance of the implementation of GCG in every aspect of its business. This awareness is fully supported by the Board of Commissioners, assisted by the Audit Committee to oversee the implementation of the activities of GCG. The GCG implementation itself is conducted thoroughly in all aspects of the organization and operation level and fully supported by all Fortuners. In order to implement good corporate governance, FORU refers to five key principles of transparency, accountability, responsibility, independence and fairness.
Always provide information on financial statements, annual reports and other relevant information accurately, clearly, timely and transparently to shareholders and stakeholders.
Ensure that all decisions are strategic actions that can be accounted for and clearly stated in the report, reports on performance measurement accountability and internal control reports, as a form of accountability.
Carry out responsibility by holding on the basis of compliance with applicable legislation, in order to allow more attention to the community and the environment.
Carry out any activities independently, without coercion or pressure from any party.
Provide a fair and equal share in terms of fulfilling each right of the stakeholders.
The objective of the implementation of good corporate governance is to:
- Control and guide the relationship between the Shareholders, the Board of Commissioners, Board of Directors, Fortuners, clients, partners, and society and the environment.
- Encourage and support the development of the company.
- Manage resources better.
- Manage risks better.
- Increase accountability to stakeholders.
- Prevent the occurrence of irregularities in the management of the company.
- Improve corporate culture.
- Improve company image.