Beyond Harmonization: Exploring the Synergies of ACGS Implementation in Singapore, Thailand and Indonesia

Dublin Core

Title

Beyond Harmonization: Exploring the Synergies of ACGS Implementation in Singapore, Thailand and Indonesia

Subject

ACGS, Corporate Governance, Institutional Theory

Description

This study analyzes the ASEAN Corporate Governance Scorecard (ACGS) performance of three companies: Keppel (Singapore), Central Retail (Thailand) and Bakrie & Brothers (Indonesia). This research employs a qualitative method with a descriptive approach. The data analysis technique used is document content analysis. The data analysis procedure is carried out by collecting data sources, analyzing the collected data using the ASEAN Corporate Governance Scorecard and calculating the final score based on the predetermined weights. The results of this study indicate that Central Retail achieved the highest score among the companies, followed by Keppel and Bakrie, in the implementation of ASEAN Corporate Governance Scorecard Level 1. This finding aligns with institutional theory, which suggests that the implementation of corporate governance (CG) practices is influenced by institutional norms and expectations, as reflected in the ASEAN Corporate Governance Scorecard

Creator

Apriana Rahmawati1*, Alif Faruqi Febri Yanto2, Rizky Prasetya

Source

https://dinastipub.org/DIJEFA/article/view/3013/1987

Publisher

State University of Malang

Date

07August 2024

Contributor

aliffaruqi.feb@um.ac.id

Format

PDF

Language

English

Type

Text

Files

Collection

Citation

Apriana Rahmawati1*, Alif Faruqi Febri Yanto2, Rizky Prasetya, “Beyond Harmonization: Exploring the Synergies of ACGS Implementation in Singapore, Thailand and Indonesia,” Repository Horizon University Indonesia, accessed May 5, 2025, https://repository.horizon.ac.id/items/show/6171.