The application of good corporate governance is a strong foundation for dealing with changes in the business environment in the future. The Company believes that through the continuous implementation of GCG principles can improve the Company's performance in providing added value to all stakeholders and long-term business sustainability.
In conducting its business, the Company ensures the process of identifying, monitoring and managing risks, especially potential risks to minimize the negative impacts that may be caused to the smooth running of the Company's business to achieve its objectives. To ensure alignment in the application of Risk Management in the Company and as a guideline to foster awareness so as to form a Corporate Culture, the General Guidelines for Risk Management of PT. Adhiguna's Ark Cruise.
This General Risk Management Guideline is a continuous follow-up in accordance with Directors Circular No. A.0018 / SP.101 / DIRUT-2017 dated 3 January 2017 concerning Guidelines for the Implementation of Risk Management in the Environment of PT Pelayaran Bahtera Adhiguna.
The Company is a subsidiary of PT PLN (Persero) with 99.9% of shares ownership and PT PLN (Persero) Welfare Education Foundation (YPK) of 0.1%.