AEI: Menjaga Good Corporate Governance Emiten I KONTAN Executive Insight

Summary

In this video, Yuliana Hema interviews Pak Gilman P Nugraha, the Executive Director of the Indonesian Issuers Association (AEI). He shares insights into his role and the organization's mission to support the development of publicly listed companies in Indonesia. Pak Gilman highlights AEI's efforts to foster good corporate governance, build synergies among its members, and improve the overall performance of the stock market. He discusses how AEI helps companies navigate regulations, provides workshops, and advocates for the interests of its members, ultimately benefiting both issuers and investors.

Takeaways

• 😀 The Director of the Indonesian Issuers Association (AEI), Pak Gilman P Nugraha, shares his journey and experience in capital markets, having worked in multiple sectors like securities, banking, and as a regulator.
• 😀 AEI has a long history, established in 1988, and currently has around 670 listed company members in Indonesia's stock exchange, aiming to foster growth and collaboration among them.
• 😀 As the Executive Director, Pak Gilman’s daily tasks include building relationships with various industry associations, regulators, and listed companies to ensure synergy and compliance.
• 😀 AEI organizes workshops and legal clinics to help members improve their corporate governance and stay compliant with regulations, particularly in terms of reporting deadlines.
• 😀 AEI works with both established and newly listed companies to ensure they understand the benefits of joining the association, including guidance, training, and networking opportunities.
• 😀 AEI aims to increase membership among listed companies, with about 72% of companies on the stock exchange currently part of AEI, and encourages more companies to join for the mutual benefits of networking and collaboration.
• 😀 AEI works closely with the Indonesia Stock Exchange to communicate with new issuers and help them understand the advantages of joining the association to improve their governance and compliance from the start.
• 😀 A key benefit for investors is that AEI helps ensure the good corporate governance of its member companies, leading to better company performance, which, in turn, benefits investors through improved dividends and stock prices.
• 😀 AEI's vision focuses on maintaining good corporate governance, ensuring companies comply with financial and legal standards, thus enhancing their development and creating positive economic impacts.
• 😀 The association also serves as an advocacy body, representing its members' interests when dealing with regulators, ensuring that industry regulations align with the needs of its members for continued growth and success.

Q & A

What is the role of Asosiasi Emiten Indonesia (AEI)?

AEI is an association that supports the development of listed companies (emitens) in Indonesia. It focuses on improving corporate governance, ensuring compliance with regulations, and fostering collaboration among members.

How long has AEI been in existence, and how many companies are its members?

AEI has been operating since 1988 and currently has around 670 members, representing approximately 72% of the listed companies on the Indonesian Stock Exchange.

What are some of the key activities that AEI conducts for its members?

AEI provides legal consultations, organizes workshops, and facilitates networking opportunities. These activities aim to help companies improve their corporate governance and business performance.

What is the significance of corporate governance in AEI’s mission?

Corporate governance is central to AEI's mission, as it ensures companies operate transparently and efficiently. Good corporate governance enhances the financial performance of companies, benefiting both the companies and their investors.

Why is AEI's membership voluntary, and how does this affect the association's outreach?

AEI's membership is voluntary, meaning that companies are not required by law to join. This voluntary model encourages companies that are genuinely interested in improving their operations and collaborating with others. AEI is actively working to expand its membership by educating companies on the benefits of joining.

What are the main benefits that AEI provides to its members?

AEI offers its members legal consultations, workshops, and a platform for networking with other listed companies. It also helps members stay compliant with regulatory requirements and provides opportunities for business integration.

How does AEI support listed companies in maintaining compliance with regulations?

AEI helps its members stay compliant by reminding them of reporting obligations and deadlines set by the stock exchange and financial authorities. The association also provides legal and regulatory guidance to ensure companies meet industry standards.

What strategies is AEI using to increase its membership?

AEI is focusing on building relationships with new companies by communicating the benefits of joining, such as legal support, networking, and compliance assistance. The organization is also working with the stock exchange to engage companies that are newly listed.

How does AEI contribute to the wider economy through its work with emitens?

By improving corporate governance and supporting the growth of listed companies, AEI helps enhance the financial health of these companies. This, in turn, contributes to the broader economy by fostering business development, job creation, and increased profitability, which benefits investors and the public.

What is the vision of AEI regarding the development of emitens and their impact on investors?

AEI’s vision is to help listed companies improve their corporate governance, which leads to better financial performance and greater long-term potential. This benefits investors by increasing returns, whether through dividends or rising share prices.