Fillip Busters

Indosat will pay Rp36.46 billion in bonus and remuneration to its directors and commissioners. Will it bolster performance or just waste funds?

July 8, 2003

ASHAREHOLDERS' general meeting of Indosat, which ran orderly at first, suddenly became noisy when one of the shareholders asked a tickling question. "Indeed the operation is smooth, but what if the patient goes into a coma?" he said. His question was in response to the decision of the stockholders' meeting to approve the plan for payment of the 2002 bonus and 2003 remuneration amounting to Rp36.46 billion to Indosat directors and commissioners. Most

...

More Articles