In the era of ASEAN Integration, our companies and businesses need to keep up with the challenges of increasing global competition.
One tool to help businesses and companies in the ASEAN region to achieve this is the ASEAN Corporate Governance Scorecard.
In 2009, the ASEAN finance ministers endorsed the ASEAN Capital Markets Forum (ACMF) implementation plan to promote the development of an integrated capital market.
This initiative is undertaken in parallel with the efforts to achieve convergence in ASEAN countries by 2015 as an economic community.
The ASEAN Corporate Governance Scorecard (ACGS) and the ranking of corporate governance of ASEAN Publicly-Listed Companies (PLCS) are among several initiatives under the ACMF.