Moving from Interest to Implementation

Awareness on the need for corporate governance is widespread, but there is still a lack of genuine commitment to implementation.

January 21, 2003

Indonesia's investment climate is among the worst in the world, and the government must act forcefully to reform corporate governance if it is to maintain growth and stability, says the World Bank report on Indonesia. Delivered ahead of the Consultative Group on Indonesia (CGI) meeting in Bali this week, the report has highlighted the major weaknesses of the nation's corporate governance, calling for reform of an excessive bureaucracy, vaguely

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