Costly and lengthy regulatory barriers, accompanied by sluggish markets, have long been reasons for companies and their shareholders to look for alternatives to Initial Public Offerings (IPOs). A popular alternative has often been to pursue backdoor listing – often accomplished through a reverse merger, exchange offer, or rights offer, for instance. Because backdoor listings are often not under the strict oversight of listing rules and regulations, it is argued that they are prone to fraud and abuse. This report provides four regulatory strategies for consideration by policy makers in Indonesia, in order to support their efforts to improve listing and corporate governance standards.
English, PDF, 357kb
Infrastructure investment in Indonesia was seriously impaired by the 1997 Asian financial crisis. Indonesia plans to increase investment sharply through both public spending and private finance. Yet, Indonesia lacks suitable long-term investment vehicles and capital markets are still developing.
ASEAN-OECD Investment Programme fosters dialogue and experience sharing between OECD members and ASEAN member states to enhance the investment climate in the region.
Organised in Bali on 24-25 March 2014, this forum addresses regional competitiveness for sustained growth. Individual sessions will discuss investment policy and promotion; SME policies; public-private partnerships; regulatory reform; and, innovation. These discussions will contribute to the objectives of the 2015 ASEAN Economic Community.
Taking place in Indonesia, this international conference will focus on bribery in international business, specifically raising awareness of the risks foreign bribery poses to governments, businesses and individuals; reviewing legal frameworks for fighting foreign bribery; sharing of experiences and best practices in the fight against corruption; and fostering greater international co-operation in this area.
This conference focused on experiences with investment policy reforms, ways to achieve a better investment environment and the role of international investment agreements in ASEAN.
This investment policy review charts Indonesia’s progress in developing an effective policy framework to promote investment for development.
English, Excel, 286kb
This study, published in April 1999, looks at the role of foreign direct investment in the development of Indonesia, Malaysia, Philippines and Thailand.