IICD Philosophy
“Enhance the Reputation”
IICD was established to ensure that individuals in key positions have the knowledge and skills needed to fulfill their roles effectively.
To attract both domestic and foreign investors, it was crucial to improve transparency, accountability, and ethical behavior within Indonesian corporations.
Good corporate governance is closely linked to economic growth and development. Strong governance practices can enhance a country’s attractiveness to investors, support sustainable business growth, and contribute to economic prosperity.
IICD assists CEOs, presidents, directors, and commissioners in a two-tier board structure in implementing corporate-governance reform, which is targeted at improving international competitiveness and aligning corporate practices with global standards in a free and open economy.
There are three (3) reasons for the establishment of IICD:
- The lack of available institutions that concentrate on corporate directorship in Indonesia.
- The need to stimulate awareness within the corporate level on the importance of corporate governance in Indonesia.
- The need to improve the local quality standards of corporate governance practices that are globally recognizable.
Vision
Internalizing Best Practices of Good Corporate Governance and Directorship
Mission
- To internalize best practices of good corporate governance.
- To improve skills, knowledge, and ability to accelerate good corporate governance.