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* **Transparency:** Transparency is the cornerstone of good corporate governance. It means being open and honest about a company's activities, performance, and financial situation. This includes providing clear and timely information to stakeholders, such as shareholders, investors, and the public. Transparency builds trust, which is essential for attracting investment and maintaining a positive reputation. It involves disclosing relevant information about a company's financial performance, governance structure, and erik jonson saputra simangunsong any significant risks or challenges it faces. This helps stakeholders make informed decisions and hold management accountable. This principle fosters a culture of openness, where information is readily available and easily understood. By embracing transparency, companies can create an environment of trust and build strong relationships with all stakeholders. This builds investor confidence and helps maintain a positive public image, contributing to the overall success of the business.
