Corporate governance standards are an essential aspect of ensuring transparency, accountability, and ethical practices within organizations. In Indonesia, the focus on corporate governance has been increasing in recent years, driven by the government's efforts to promote a business-friendly environment and attract foreign investments. One area where corporate governance is becoming increasingly important is in collaborative innovation platforms.
Corporate governance standards play a crucial role in shaping the way companies operate and impact the society in which they operate. In Indonesia, ensuring that businesses adhere to high corporate governance standards is essential for promoting transparency, accountability, and sustainability. One key aspect of corporate governance in Indonesia is the measurement of social impact, which involves evaluating the effect of a company's activities on the broader community and environment.