Corporate governance involves the relationships between a company's management, board of directors, shareholders, and other stakeholders. It is the system by which companies are directed and controlled. Stakeholders are people or groups that can affect or be affected by a company's actions, including employees, suppliers, customers, and local communities. Shareholders own shares of stock in a company and have an ownership interest. Good corporate governance balances the interests of shareholders and stakeholders.

1. STAKEHOLDER & SHAREHOLDER
GOOD CORPORATE GOVERNANCE

2. What is Good Corporate
Governance?
Corporate governance is "the system by
which companies are directed and controlled"
(Cadbury Committee, 1992)
It involves a set of
relationships between a
company’s
management, its
board, its shareholders
and other stakeholders

4. What is Stakeholder?
A person, group, or organization that has
direct or indirect stake in an organization
because they can affect or be affected by
the organization's actions, objectives, and p
olicies.

5. INTERNAL
STAKEHOLDER
EKSTERNAL
STAKEHOLDER
Employee
Shareholders
Board of
Directors and
Management
Employees
Family
Supplier
Bank
Pers
Government
Competitor
Consumer
Community
Distributor
The
Classifications

6. Primary Stakeholder (Main)
People that actively participated with the
company and directly work there.
Secondary Stakeholder (Supporter)
Is stakeholder that has no directly
business due to a project, but they
concern so they have impact.
Key Stakeholder
That has legal in the decision making.

7. What is Shareholder?
A shareholder or stockholder
is an individual or
institution, including
a corporation that legally owns
any part of a share of stock in
a public or private corporation.
Shareholders own the
stock, but not the corporation
itself.

8. INSTITUTIONAL
INVESTORS
Banks
Companies or Investment
Companies
Insurance
INDIVIDUAL
INVESTORS
Person who buy
shares with
his/her personal
savings.
The
Classifications

9. From types of stock…
• Common-stockholder
- Temporary dividend.
• Preffered-stockholder
- Fixed dividend.

10. From stock ownership…
-Own more than 50% of
stock.
-Exerts complete control over
the company by being able
to replace the board of
directors and the
management.
-Have a bigger voting rights.
-Own less than 50% of
stock.
-Has less authority than
majority shareholder.
-Have less voting right.

11. Agency Theory

12. Agency Theory
• A theory concerning the
relationship between a principal
(shareholder) and an agent of the
principal (company's managers).
Conflict

13. The Relations
• Shareholder → Stakeholder
• Capital → Shareholders provide money
to the firm to increase stakeholder
wealth.
• Profit → The higher the income, the
greater the share
price and dividends, then
the stakeholder is considered
successful / good performers deserve
incentives so high.

14. Case Studies :
PT HANJAYA
MANDALA
SAMPOERNA Tbk

15. SHAREHOLDERS
PT Phillip Morris Indonesia 98,18% Masyarakat/Public 1,82%
M
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16. STAKEHOLDERS
PRIMARY
• Internal
stakeholders
• Supervisor
• Senior Manager
• founder
SECONDARY
• Employee
• Employee’s family
• Supplier
– Pedagang
– Petani Tembakau
• Distributor
– Supermarket
– Warung
– Minimarket

17. terima
kasih
hatur
nuhun
bujur
ghamsa
hamnida
arigatou
merci
xie-xie
danke
Maac1w, t
hx beud
yaaw…
Cemungud
ya Qq…
I <3DG ‘segitu’ 2C

18. DG 15
• Anandistya M. Rani 19010142
• Nandita Endanina 19010117
• Florentia Anindita A.I. 19010008
• Dibyanta Andika Satari 19010068
• Atha Moeda Fadhila 19010028
• Pramadipta Anggana 19010086
• Wisnu Prakosa Wijaya 19010121