Transparency Accountability Fairness Responsibility

Corporate governance (CG) is an important effort to ensure accountability and responsibility and is a set of principles, which should be incorporated into every part of the organization. This study focused on the state of Corporate Governance (CG) in three sectors of the economy: the private company (public-listed company), the financial enterprises, and the State Owned Enterprises (SOEs). To understand the state of CG, three broad aspects of governance and management issues were studied. These are: a) shareholders ’ rights, b) public disclosure of information, c) effectiveness of the Board. Within each of these many sub-categories were studied which were discussed in this paper. The study used interviews with key stakeholders, experts and executives of these types of companies, a questionnaire survey and also group discussions. In terms of the three sectors, this study found that public-listed companies are more open to their shareholders with respect to shareholders rights an