SEA-ACN Roundtable | Transform Your Organization with the Power of Corporate Governance

In addition, a central anti-corruption platform should be created for the private sector. To strengthen participation of private sector organizations by offering the platform a channel for reporting corruption. Providing legal knowledge to investors Developing skills, knowledge and abilities and promoting doing business in the region Including enhancing the responsibility of the private sector through developing and promoting the use of various standard assessments such as Corruption Risk Classification and Dow Jones Sustainability Indices (DJSI) assessments. Sustainable Organization Development Standards (Environmental, Social and Governance: ESG) etc.

 

However, creating a coalition from the private sector requires incentives such as financial or tax measures for companies with good corporate governance. and pointed out the importance of coming together to form a network that It will be a tool that gives the private sector more power to negotiate with the government sector. It will also attract the private sector to participate in the entire process efficiently.

 

The discussion highlighted that the private sector can play a crucial role in anti-corruption efforts and development. Their participation can lead to stronger anti-corruption laws and effective law enforcement at an international level, enhancing the overall efficiency and impact of anti-corruption initiatives in the region.