Posts Tagged ‘Corporate’
Corporate Social Responsibility Obligation for the Company
As business actors in direct contact with the community through their operational activities, companies in Indonesia need to ensure that their operational activities can have a positive impact on the environment. Companies can contribute and implement their obligation through social and environmental responsibility or corporate social responsibility (CSR), companies can contribute and implement their obligation.…
Read MoreUnderstanding the Concept of Public-Private Partnership
Understanding the Concept of Public-Private Partnership In implementing government activities, the government often encounters budget constraints, especially in infrastructure development. To overcome this, the government can cooperate with private business entities to work on an infrastructure development project. This is a public-private partnership, while in Indonesia, this practice is known as Government and Business Entity…
Read More4 Important Aspects to be Examined in Legal Due Diligence
4 Important Aspects to be Examined in Legal Due Diligence Legal Due Diligence (LDD) is an important thing done by lawyers or legal consultants, usually, the ones specializing in the corporate field, for a specific purpose. Usually, LDD is done before making a transaction, especially a materially significant transaction. The object of due diligence in…
Read MoreCAN A COMPANY SOLELY CONDUCT THE LAYOFF?
The public understanding of the Employment Termination (PHK), as of termination taken unilaterally by the company is the wrong thing. Referring to the Labor Law, a layoff is a termination of employment for a particular issue that resulted in termination of rights and obligations between employees and companies. Thus, layoffs may occur because of the…
Read MoreBoard of Commissioners (BOC) Cannot be Completely OffHand in A Company Bankruptcy
The accountability of “BOC as the supervisor in a company, should be requested when a company is declared bankrupt.” The role and the main task of the board of commissioners in a company (Limited Liability Company) is carrying out general supervision over the policy and management of the company as well as providing advice to…
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