Corporate Governance.
Our commitment to transparency, accountability, and responsible business practices across all operations.
Governance Framework
Our governance structure ensures accountability, transparency, and responsible decision-making at every level.
Bike Tbk is committed to maintaining the highest standards of corporate governance. Our framework is built on principles of transparency, accountability, fairness, and responsibility — ensuring that all stakeholders' interests are protected and that the company operates with integrity.
Our governance structure includes a Board of Commissioners, Board of Directors, and specialized committees that oversee risk management, audit, and nomination. This multi-layered approach ensures robust oversight and balanced decision-making.
Governance Principles
The core principles that guide our corporate governance practices.
Transparency
The company is required to present financial information openly, accurately, on time, and in a way that is easily accessible to stakeholders — including shareholders, investors, creditors, and regulators.
Accountability
Management must be able to account for the company's performance and financial management in measurable terms to shareholders and stakeholders.
Responsibility
The company is required to comply with applicable laws and regulations, and to carry out social and environmental responsibilities.
Independence
Financial management must be carried out professionally, free from conflicts of interest or pressure from any party that is not in accordance with regulations and good corporate governance principles.
Fairness
The company must always consider the interests of shareholders and other stakeholders based on principles of equality and fairness.
Risk Management
Preventing Corporate Bankruptcy Risk
Risk management factors include internal and external elements that influence the success of risk mitigation — from management commitment, risk-aware culture, to the root causes of risk itself.
Focus on People and Sustainability
Weak human resources are often the root cause of business failure. McKinsey studies show that the majority of corporate transformation failures are caused by human factors — poor execution, inability to adapt, and employee resistance.
Grow the Economy and Create Jobs
Companies will fail if they cannot create and maintain jobs in the long term, because job creation indirectly reflects the business growth cycle.
Improve Services and Reduce Waste
An effective risk mitigation strategy to minimize the likelihood of operational problems or losses.
Protect Environment and Health
A main pillar of Enterprise Risk Management, known as EHS (Environment, Health, Safety) or K3 in Indonesia.
Corporate Statement
Bike Tbk is committed to implementing good, transparent, and responsible corporate governance — in line with our transformation into a super holding company that creates sustainable value for all stakeholders.
Legal & Regulatory Framework
Our governance practices are grounded in Indonesian corporate law and financial services regulations.
Law No. 40/2007 on Limited Liability Companies
The foundational corporate law governing the establishment, operation, and dissolution of limited liability companies in Indonesia, including provisions on the General Meeting of Shareholders, Board of Directors, and Board of Commissioners.
POJK No. 15/2020 on Prudential Principles for Public Companies
Regulation of the Indonesian Financial Services Authority (OJK) setting out prudential principles and good corporate governance requirements for publicly listed companies, including disclosure obligations and shareholder protection.
POJK No. 33/2014 on Board of Directors and Board of Commissioners of Public Companies
OJK regulation governing the composition, duties, and responsibilities of the Board of Directors and Board of Commissioners of publicly listed companies, including independence requirements and committee structures.
POJK No. 16/2021 on Corporate Governance of Public Companies
OJK regulation establishing the general corporate governance framework for publicly listed companies, covering the five pillars: transparency, accountability, responsibility, independence, and fairness.
Learn More About Our Governance Practices.
Access our governance documents, policies, and reports to understand how we maintain accountability and transparency.