IICD is conducting an extensive study on corporate governance annually, utilizing the ASEAN Corporate Governance Scorecard as the foundation of the research. This scorecard is widely recognized as a comprehensive tool for evaluating the efficiency of corporate governance practices in the ASEAN region. The research aims to provide valuable insights into the current state of corporate governance across various industries and companies operating within the ASEAN region. The ASEAN Corporate Governance Scorecard is a standardized evaluation framework that has been developed by the ASEAN Capital Markets Forum in collaboration with the Asian Development Bank. The scorecard assesses companies on their adherence to the principles of good corporate governance, including the protection of shareholder rights, the disclosure of information, and the accountability of the board of directors.