Good Corporate Governance for Private Multi National Company to Comply with Global Anti-Bribery Regulation (UK Bribery Act & FCPA) and Indonesia Company Law

DOI

10.2991/iclgg-17.2018.39How to use a DOI?

Keywords

bureaucratic; Multi-national Company; Anti-Bribery; Company Law.

Abstract

The world of business today have a tendency to improve towards to a better condition. The spirit of changing become a company which have integrity should be supported by government policies related to bureaucratic and licensing services. Mutual benefit among Business actor and government will lead to the final goal of each party. Company will be significantly growth and expanding their business without being afraid with long bureaucratic and how many permissions to be done. For government advantage, they will generate income for government as well as employee or society. Many large companies which have affiliated with Indonesian Multi-national Company shall comply with local regulation as well as their home state regulation. The presence of UK Bribery Act and FCPA US, became the new standard of Compliance management in Indonesia. What is the correlation between Global Anti-Bribery Regulations with Indonesia Private Liability Company Law (UU Perseroan Terbatas), Is there any risk for the directors who do not comply with the international compliance rules? And what are the activities of Indonesia Multi-National Company for facing global compliance more over after the Supreme Court released Regulation No. 13 year 2016 regarding Procedures for the Settlement of Criminal Acts Committed by Corporations.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yayan Hernayanto
AU  - Santi Dewi
PY  - 2017/11
DA  - 2017/11
TI  - Good Corporate Governance for Private Multi National Company to Comply with Global Anti-Bribery Regulation (UK Bribery Act & FCPA) and Indonesia Company Law
BT  - Proceedings of the International Conference on Law, Governance and Globalization 2017 (ICLGG 2017)
PB  - Atlantis Press
SP  - 300
EP  - 305
SN  - 2352-5398
UR  - https://doi.org/10.2991/iclgg-17.2018.39
DO  - 10.2991/iclgg-17.2018.39
ID  - Hernayanto2017/11
ER  -