Ahead of the Curve
Forbes Indonesia|April 2020
A SENIOR WOMAN BANKER, VERA EVE LIM NOW PLAYS A BIGGER ROLE IN THE COUNTRY’S LARGEST PRIVATE BANK.
Elisa Valenta
Ahead of the Curve

THE INTERNATIONAL Finance Corporation (IFC) says that while the gender gaps in labor market participation and educational attainment have narrowed, women around the world still encounter a glass ceiling when trying to reach the company boardroom, where female representation remains low. There are a lot of studies that cite the presence of female figures in a company’s management as improving the company’s performance. One was published last year by the IFC, the Women’s Empowerment Working Group, and the Indonesia Stock Exchange. According to the study, companies with more than 30% of women on their boards report an average return on assets (ROA) of 3.8% and a 6.2% average return on equity (ROE). Meanwhile, all-male board only booked an average ROA of 2.4% and 4.2% ROE.

Indonesia is already making steps forward. The study shows that out of the six ASEAN countries studied, Thailand is the most gender diverse with women holding around 20% of board seats in listed companies, followed by Indonesia and Vietnam (both about 15%). While the study does not include banking and the finance sector, as of the end of 2019, the proportion of women representatives on the boards of the top-10 largest lenders in Indonesia based on assets was close to 25% of the total – 24 women from a total of 108 directors. Women representatives in leadership positions in banking in the finance sector are also crucial, given a great deal of research has also showed that investing in women provides a higher and more sustainable yield.

Bu hikaye Forbes Indonesia dergisinin April 2020 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Forbes Indonesia dergisinin April 2020 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

FORBES INDONESIA DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
BACK ON TRACK
Forbes Indonesia

BACK ON TRACK

Collective wealth gets a 21% boost to a record $162 billion amid an economic uptick.

time-read
10+ dak  |
December 2021
Championing Locals
Forbes Indonesia

Championing Locals

The wave of social commerce is enabling inclusive digital economies beyond urban areas.

time-read
6 dak  |
December 2021
Boys in the Bubble
Forbes Indonesia

Boys in the Bubble

Startups are supposed to specialize, but OPENSEA’s founders thrived by building a wide-open market for creating and trading all manner of NFTs, whether art, music or gaming. Now that they’re centimillionaires and poised to become billionaires, they have other worries: competitors, fraudsters and the next crypto crash.

time-read
6 dak  |
December 2021
Enduring Relations
Forbes Indonesia

Enduring Relations

The implementation of IA-CEPA amid the pandemic signifies the Indonesia-Australia’s commitment to recover and counter future challenges together.

time-read
6 dak  |
December 2021
Sweet Success
Forbes Indonesia

Sweet Success

Steven Erwin envisions Unifam to become a major global player in the confectionery and F&B industry.

time-read
5 dak  |
December 2021
Marathon Man
Forbes Indonesia

Marathon Man

Across America, scores of municipal pension funds remain scandalously underfunded. But not the pension fund of Tampa’s police and firemen, thanks in large part to JAY BOWEN, whose no-frills approach to stock picking has protected and served them for more than 45 years.

time-read
5 dak  |
December 2021
Gold Rallies on Inflation Fears
Forbes Indonesia

Gold Rallies on Inflation Fears

During September the price of gold rallied to $1,868 per ounce following the release of figures on US inflation by the Bureau of Labor Statistics which indicated that, as of September, CPI inflation had rocketed to 6.2%, above the 5.8% which economists had been predicting.

time-read
2 dak  |
December 2021
Set Off to A New Start
Forbes Indonesia

Set Off to A New Start

Bank Aladin has two main ingredients for success: establish trust and offer better customer experiences.

time-read
5 dak  |
December 2021
The Daily Intake
Forbes Indonesia

The Daily Intake

YOUVIT plans to invest further into marketing and grow into one of the leading vitamin brands in Indonesia.

time-read
4 dak  |
December 2021
THE CROESUS OF CRYPTO
Forbes Indonesia

THE CROESUS OF CRYPTO

FTX COFOUNDER SAM BANKMAN-FRIED BUILT A $22.5 BILLION FORTUNE BEFORE HIS 30TH BIRTHDAY BY PROFITING OFF THE CRYPTOCURRENCY FRENZY—BUT HE’S NOT A TRUE BELIEVER. HE JUST WANTS HIS WEALTH TO SURVIVE LONG ENOUGH TO GIVE IT ALL AWAY.

time-read
10+ dak  |
November 2021