JAKARTA — Amid increasingly complex capital market dynamics and rising investor demands for transparency and corporate governance, education regarding readiness for an Initial Public Offering (IPO) is becoming increasingly important for the Indonesian business world. On this basis, the Indonesia Stock Exchange (IDX) has once again partnered with SW Indonesia in organizing a seminar titled “IPO Readiness: Strengthen Investor Relations and Corporate Governance,” which took place at the Main Hall of the Indonesia Stock Exchange, Jakarta, on Wednesday (10/6/2026).
Atas dasar itulah Bursa Efek Indonesia (BEI) kembali menggandeng SW Indonesia dalam penyelenggaraan seminar bertajuk IPO Readiness: Strengthen Investor Relations and Corporate Governance yang berlangsung di Main Hall Bursa Efek Indonesia, Jakarta, Rabu (10/6/2026).
This collaboration is part of the IDX’s ongoing efforts to improve capital market literacy while encouraging the emergence of more Indonesian companies that are ready to enter the capital market with sound business foundations, strong governance, and the ability to build investor trust. The cooperation between the IDX and SW Indonesia itself is not the first. Since their initial collaboration in 2022, both institutions have consistently been involved in various educational activities and capacity-building efforts for the business world, specifically regarding company readiness for the capital market and the strengthening of corporate governance.
“The IDX thanks Mr. Michell and the colleagues from SW Indonesia for collaborating with us to increase the understanding and readiness of companies to transform through an Initial Public Offering or IPO. On today’s occasion, with the theme of corporate governance and investor relations, it is believed that a combination of strong governance and active engagement with investors can maximize company growth along with the Indonesian capital market. Corporate governance is one of the keys to success in ensuring the sustainability of a company. Through performance monitoring tools and management accountability, the corporate governance structure produces high-quality policies, which will strengthen the company’s competitiveness among its peers. Naturally, investors will be more interested in companies that have strong growth and governance, so for Listed Companies, the implementation of corporate governance must continue to be observed.”
“Furthermore, Listed Companies must also communicate actively with investors to ensure that information related to the Company’s performance and achievements is conveyed precisely and accurately. This is the task of the investor relations function, namely acting as a strategic liaison between the company and the investor community to enhance confidence in the company’s growth prospects. We hope today’s event can inspire business actors to jointly prepare themselves to join the Indonesian capital market as Listed Companies.”
The continued trust given by the IDX to SW Indonesia demonstrates the importance of collaboration between regulators, market participants, and the business community in broadening understanding of the increasingly high standards of public companies. The Chairman of the Indonesian Institute for Corporate Directorship (IICD), Rudiantara, who also previously served as the Minister of Communication and Information Technology of the Republic of Indonesia during President Joko Widodo’s era, assessed that governance has evolved into one of the main factors influencing investor confidence. According to him, modern investors do not only evaluate business growth and financial performance, but also look at how companies make decisions, manage risks, maintain transparency, and ensure business sustainability in the long term.
“Investors today do not merely assess financial numbers. They also evaluate the quality of decision-making, transparency, risk management, and the company’s ability to maintain business sustainability,” he said.
This attention to governance is also in line with international practices. Various global institutional investors now refer to assessment frameworks such as the OECD Principles of Corporate Governance, the ASEAN Corporate Governance Scorecard, up to various ESG indicators in assessing company quality. Therefore, companies wanting to gain access to long-term capital are no longer sufficient to just have good growth. They are also required to build governance capable of creating trust.
In addition to governance, the seminar also reviewed the importance of the Investor Relations function, which is increasingly strategic in a company’s journey towards and after an IPO. Before an IPO, Investor Relations helps companies build credibility, arrange an equity story, and introduce business values to investors. During the IPO process, Investor Relations becomes a communication bridge between management, investors, analysts, regulators, and underwriters. Meanwhile, after a company is listed on the exchange, the function plays a role in maintaining market trust through information disclosure, consistent communication, and managing investor expectations.
“No matter how big the fish in the pond is, if it is never shown, it will not be seen,” said Listyorini, illustrating the importance of the Investor Relations function in building company visibility.
Meanwhile, the Chief Executive Officer of SW Indonesia, Michell Suharli, viewed that the greatest benefits of an IPO often emerge long before the company officially lists its shares on the Indonesia Stock Exchange.
“An IPO is not just about selling shares. An IPO is a process of company transformation,” he stated. According to Michell, companies preparing for an IPO are fundamentally strengthening their organizational foundations through improved governance, strengthened reporting systems, development of internal controls, risk management, and organizational professionalism. He emphasized that IPO Readiness must be viewed as a long-term investment that results in a healthier company.
“Healthy companies create jobs. Healthy companies pay taxes. Healthy companies create innovation. Healthy companies increase national competitiveness,” he said.
In a broader perspective, the more Indonesian companies that have good governance and are ready to enter the capital market, the stronger the foundation of the national economy will be. Therefore, public education regarding IPOs does not solely aim to encourage more companies to list on the exchange. What is more important is to encourage the birth of more healthy, transparent, professional, and sustainable companies. Ultimately, a strong capital market is born from strong companies. And strong companies will become the foundation for a more resilient and competitive Indonesian economy. Stronger Companies. Stronger Economy. Stronger Indonesia.
