Popularity of Timber Frame Construction

Popularity of Timber Frame Construction 1.0 INTRODUCTION This report will look at the increasing popularity surrounding timber frame construction in the construction industry. It will look at why this trend is continuing across the UK and how this form of construction can be applied to various building types. Timber frame construction is most notably used in parts of the world such as USA, Canada and Australia but it is being used more frequently throughout the UK in more recent times as well. Year on year the market share for timber frame construction has increased. Scotland is leading the way in this field by using timber frame construction much more than their neighbours. The timber sourced for this type of construction can readily be found in Scotland and this may go some way to explaining why it is indeed so popular in Scotland. 1.1 FACTS AND FIGURES; For the tenth consecutive year; the market share for timber frame construction has increased, 25% of all new houses in the UK are timber frame, As previously stated, Scotland is the most popular country for timber frame construction in the UK but even considering this; 75% of all new houses in Scotland are timber frame and that percentage continues to rise. Also, even during a recession when the construction industry has possibly been hit as hard as any other industry; timber frame construction only dropped by 26% while other construction methods dropped almost 38% in 2008. UK timber frame association preview 2010 page 5 (www.timber-frame.org) The trend is also growing outside of the UK, in Ireland for example. This is endorsed by the following quote. à ¢Ã¢â€š ¬Ã…“Timber frame homes currently account for 25% of new build homes in Irelandà ¢Ã¢â€š ¬? (www.ramstowndevelopments.com) 2.0 METHOD OF CONSTRUCTION Timber frame construction means that the weight-bearing walls are indeed timber panels. In other buildings this could be steel or blocks for example. These timber panels are made off site to an exact size and when they are required, they are simply transported by truck from the factory to the site. They can then be installed by men using pulleys and ropes or if the panels are too large and heavy- a small crane can be used to carry out this task. The panel itself is usually made up of solid timber- to take the load of the structure and this is sheathed usually by plywood or OSB- Oriented Strand Board, which is usually sourced from Scotland. These members ensure that the panel has suitable strength and is also rigid. Once the timber frame installation is complete, the external leaf of the building can then be installed. This can be brickwork or any form of cladding or a rendered finish. There are in fact two types of panels available- namely the Open Panel meaning the panel will be dry-lined after the insulation, vapour layer and services have been installed on site. The other panel is the Closed Panel and is this case this is all done in the factory. UK timber frame association preview 2010 page 11 (www.timber-frame.org) There have also been advances in the design of I-Joists in timber frame systems. There are now lighter I-Joists available but they have the greater strength and durability because the flanges are wider and the joist itself is not solid wood as has been the case in previous years- it can simply be plywood or OSB. PLATE 1; Image showing lightweight I-Joists, which are easier to handle but still strong enough to withstand the load being rested on it; due to the wide flanges. (www.framewiseltd.co.uk) 2.1 BALLOON FRAME There are actually two forms of timber frame construction. These are called Balloon Frame and Platform Frame. Balloon Frame has been superseded nowadays by Platform Frame but a brief outline is explained on both. The Balloon Frame form of construction simply means that the studs that make up the exterior wall are one long section which spans from the ground to the ceiling height of the top floor. à ¢Ã¢â€š ¬Ã…“A balloon frame consists of two-storey height panels with an intermediate floor suspended from the formwork.à ¢Ã¢â€š ¬? Chudley and Greeno (2008, p.386) Problems are obvious with this form of construction; Fire can spread easier because of the large panels Large panels may be more difficult to find Large panels will also be more difficult to handle Heating bills could be higher because there is no insulation between a room and the exterior walls Drawbacks such as these mean that the Platform Frame is more popular and is used today in preference to the Balloon Frame. 2.2 PLATFORM FRAME As previously mentioned, this is the form of timber frame construction favoured today in the UK. It differs from the Balloon Frame, as the structure is built up floor by floor. Basic sequence of events would include; Engineer calculates out sizes required by looking at the clientà ¢Ã¢â€š ¬Ã¢â€ž ¢s drawings Materials ordered and prefabricated in factory Materials arrive on site- only as required Base of the structure is marked out Timber floor joists are lifted into place using a small crane Walls are erected and positioned on top of floor joists- again using a small crane Prefabricated roof is also positioned in by a crane on top of the wall panels Cavity barriers/fire stops are installed Felt and battens are applied to roof- structure is now watertight External layer can now be can applied as well as tiles or slates on the roof Internal services can now be installed   Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚   PLATE 2; Image showing a floor being lifted into position by crane (www.ramstowndevelopments.com) (sketch 2 drawings from page 171 of chudley greeno) 3.0 ADVANTAGES OF TIMBER FRAME Timber frame construction holds quite a few advantages over brick and block or steel frame construction; Quick to erect- can be completed faster than using brick and blocks as there is no need to wait for mortar to dry. Also, timber can still be installed in the rain; when brick or blocks canà ¢Ã¢â€š ¬Ã¢â€ž ¢t and is also not affected by the frost like mortar is. Easy to transport- panels, trussed roofs, timber floors etc are easily loaded on to a lorry and delivered on site as needed also ensuring the site isnà ¢Ã¢â€š ¬Ã¢â€ž ¢t cluttered up with materials that are not yet needed. Easy for the Contractor to forecast the completion date of the project- the job will run on time easier and will not be delayed due to weather as wintry conditions can delay progress on site. Cleaner site- as everything is measured to specification; there will be very little material waste on site meaning more profits, less money spent on dumping waste in landfills and less chance of an injury also. Smooth and dry- the surface is easy to decorate and also easy to render. Better quality- as the frame is fabricated off site to meet Building Regulations; there is less chance of human error. Can be installed by small crane to meet a tight deadline or by workmen as a cheaper option. Extensions can easily be incorporated, as timber and plasterboard are easier to remove than blocks. Also easier to design a building to suit the clientà ¢Ã¢â€š ¬Ã¢â€ž ¢s exact taste and possibly make a building unique form others. (www.trada.co.uk) Once the shell of the building is complete- this means it is watertight and the internal works can begin. It only takes around 5 days to achieve a watertight house. 3.1 THERMAL PERFORMANCE Timber is an excellent insulator and this in turn means that timber framed buildings store heat very well. This therefore leads heating bills being reduced, which in turn also means less fossil fuels are being used- be it oil for central heating or coal for a fire. How much money can be saved on heating bills varies and bold claims are made about this. It is hard to calculate because other factors need to be considered such as the specification of the building, the occupants of that building and so on. One timber frame company called Ramstown Developments claim that à ¢Ã¢â€š ¬Ã…“Timber framing is an energy saving system that cuts an average of 33% off the annual cost of heating your home.à ¢Ã¢â€š ¬? (www.ramstowndevelopments.com/) How accurate these figures are will be open to debate but there is little doubt that timber frame construction does have an advantage when it comes down to thermal performance. Many different timber frame companies exist and because of this they will specify the materials and construction and installation of the components slightly differently, thus giving slightly different results. However, the UK Timber Fame Association, who represents over 85% of UK timber frame manufacture states that à ¢Ã¢â€š ¬Ã…“Using a standard timber frame system achieves U-values between 0.30 and 0.27 using readily available and standard insulation- and using higher performance insulation and insulating breather membranes can boost these figures even more.à ¢Ã¢â€š ¬?(www.timber-frame.org) The keyword in the aforementioned statement is standard- meaning this is the minimum level of thermal performance that can be expected, so obviously this can be improved upon by having a higher specification. One such company is à ¢Ã¢â€š ¬Ã…“Scotframeà ¢Ã¢â€š ¬? who have designed a timber frame system which has a U-value of 0.11 which is very impressive when the U-value limit for walls in 1965 was actually 1.7. The system is a closed timber-framed panel, usually includes140mm  studs sheathed both sides with Oriented Strand Board (OSB) and factory filled with Polyurethane foam insulation. The internal side of the panel has a vapour control heat reflective membrane  and an air gap is created between this and the internal wall cladding to make a service zone.  The exterior side has a breathable waterproof membrane and 50mm of  polyurethane foam cavity insulation. To prove that these panels are indeed extremely thermally efficient- they have been tested by the National Physical Laboratory who confirmed a U-value of 0.11 W/m2K; when the external cladding is taken into account. This system can be installed without the cavity insulation- but as can be expected, the U-value results will not be as good. This system from Scotframe actually meets the meets the C02 targets which have been set at intervals of 2010, 2013 and 2016- at this stage. (www.scotframetimberengineering.co.uk/) PLATE 5; Image showing what the Scotframe system compromises of. (www.scotframetimberengineering.co.uk/) 3.2 ACOUSTIC PERFORMANCE Since timber frame performs so well in thermal performance, it isnà ¢Ã¢â€š ¬Ã¢â€ž ¢t very surprising to gather that it also performs well in the acoustic aspect also. This could be largely down to the fact that so many layers can absorb sound just like curtains and carpet absorbs sound better than an empty room with hard surfaces. In fact à ¢Ã¢â€š ¬Ã…“BREs Case study TF2000 found that even a multi-storey project would out perform building regulations for acoustic insulation.à ¢Ã¢â€š ¬?(www.framewiseltd.co.uk) This statement therefore echoes these thoughts and actually emphasises that it more than satisfies Building Regulations. What is even more interesting is that this is not for a small cosy dwelling- it is actually in terms of a multi-storey structure. 3.3 FIRE PERFORMANCE Timber is more susceptible to fire than materials such as concrete, bricks, blocks or steel. This however, does not mean that timber frame structures are more of a fire hazard. Timber frame structures are more likely to be burnt down during the actually construction phase, when the installation is not complete. This could be due to an accidental fire starting on site or probably the more likely case of vandalism. The HSEà ¢Ã¢â€š ¬Ã¢â€ž ¢s figures of 11 fires each day in the construction industry advocates this theory. Fire Safety on Timber Frame Construction Sites, page 5 highlights this, à ¢Ã¢â€š ¬Ã…“Governmentà ¢Ã¢â€š ¬Ã¢â€ž ¢s annual UK fire statistics show that two thirds of fires in construction industry premises are started deliberately.à ¢Ã¢â€š ¬? (www.timber-frame.org/) Fires that do start accidentally will not spread as easily once the installation has been complete, because the fire resistant plasterboard will see to this and also the external cladding will prove a difficult surface for the fire to engulf. There are of course ways in which the threat of fire can be minimised; Design out the need for hot-works, i.e. working with a blowtorch. If hot-works are required then that area should be monitored for 1 hour and again 2 ours later as a precaution. Keep the site tidy with no timber shavings or pieces of paper lying around, as these could start a fire easily (this of course would be good practice on any construction site) Ensure good site security to keep potential thieves and vandals at bay- again just like on any construction site. Fire Safety On Timber Frame Construction Sites page 10 (www.timber-frame.org) At this stage it should be stressed that timber frame construction is quick to install and because of this it is easy to reach a point when fire resistant materials are in place and the risk of fire is therefore greatly reduced. Also, cavity fire barriers will reduce the spread of fire. They are placed at openings in external walls, at corners, at each floor level, at eaves level, around pipes, cables etcà ¢Ã¢â€š ¬Ã‚ ¦ It is also worthy to mention that timber frame buildings do of course have to pass the relevant Building Regulations; as fire is a very serious matter. So if they satisfy these needs; they are as safe as any other form of construction in that aspect. 4.0 ENVIRONMENT Terms such as C02 emissions, global warming, carbon footprint and greenhouse gases are often the topic of conversation in todayà ¢Ã¢â€š ¬Ã¢â€ž ¢s world. Everyone is being urged to think about the environment and the construction industry is probably under the microscope as much as any other sector. As mentioned previously one of the advantages of timber frame construction is that it reduces the effects of burning fossil fuels- such as oil or coal. This therefore means it also minimises the greenhouse effect as well. Unlike steel or concrete- there is no need for any manufacturing, refining or extracting as timber is natural. à ¢Ã¢â€š ¬Ã…“Strength for strength, concrete uses 5 times (and steel uses 6 times) more energy to produce than timberà ¢Ã¢â€š ¬?(www.timber-frame.org) à ¢Ã¢â€š ¬Ã…“Overall C02 emissions for timber construction (the em-bodied carbon are up to six times lower than the emissions associated with masonry construction materialsà ¢Ã¢â€š ¬? UK timber frame association preview 2010 page 19 (www.timber-frame.org) That statement may not hold much relevance until the Governmentà ¢Ã¢â€š ¬Ã¢â€ž ¢s stance on this subject is made clear- à ¢Ã¢â€š ¬Ã…“Come October 2010, the Government will slash the level of permissible CO2 emissions generated by new builds by 30%. There is a further reduction of 30% planned for 2013 and yet another of the same amount due to come in to force in 2016à ¢Ã¢â€š ¬?(www.scotframetimberengineering.co.uk/) This further proves just how big of a concern this matter is and that the Government are acting quickly and have very clear targets in mind for the future. Some timber frame companies are also trying to convey this message to the public, as advocated by Deeside timber frame- à ¢Ã¢â€š ¬Ã…“Raise awareness of environmental issues with our customers, suppliers and staffà ¢Ã¢â€š ¬? is listed as one of their objectives regarding environmental matters. (www.deesidetimberframe.co.uk) Also, since timber is being sourced locally; in Europe and frequently in Scotland- it means there is no long journeys to transport the material overseas as can often be the case with steel when it is in short supply. 4.1 SUSTAINABILITY Timber is a very sustainable material. This is simply due to the fact that the timber comes from managed forests and for every tree that is cut down- two are planted to replace it. As well as this; the Government also introduced a scheme titled the Code for Sustainable Homes in 2006. UK timber frame association preview 2010 page 7 (www.timber-frame.org) To summarise, this basically states that the Government wants homes to be more energy efficient and that Level 3 is the basic standard expected in the average housing scheme, with this rising to a Level 6 for all new homes by 2016. Issues which affect what level the structure will be credited with depend on two things- how energy efficient the buildings fabric is and also how the material itself was sourced. Timber can achieve a good rating on both fronts because as previously mentioned; it is easy to source and doesnà ¢Ã¢â€š ¬Ã¢â€ž ¢t have to be transported long distances and also timber frame buildings have a very good thermal performance and can reduce heating bills. 5.0 NON-DOMESTIC BUILDINGS AND OTHER PROJECTS It would be fair to say that when most people think of timber frame construction, they think of low rise buildings like domestic dwellings. However, timber frame buildings are not just bungalows and two storey houses. Timber frame buildings include hotels, student accommodation and such like. With Building Regulations always being updated and changed; à ¢Ã¢â€š ¬Ã…“Timber frame can currently go up to 18 metres within the current regulations. This has already allowed the construction of a 7 storey building in Bedminster in Bristol.à ¢Ã¢â€š ¬? (www.timber-frame.org) Further examples of surprising projects include a primary school which has over 400 children in attendance. St Lukeà ¢Ã¢â€š ¬Ã¢â€ž ¢s Primary School in the Wolverhampton area was actually completed in 16 weeks- which was 2 weeks ahead of schedule! It cost  £5.9m to construct and was given a rating of Excellent by BREEAM. This rating was of such a high standard that it is actually the first time it has been awarded to a building in Britain. (BREEAM is the BRE Environmental Assessment Method.) PATE 6; Image of St Lukeà ¢Ã¢â€š ¬Ã¢â€ž ¢s CE Primary School, Blakenhall Gardens UK timber frame association preview 2010 page 26 (www.timber-frame.org) Other such projects include a NHS Adolescent Unit in Wales, where in this instance timber frame was ideal due to the fact that it was manufactured offsite and this meant less time onsite, making noise and disrupting the patients. A further example includes the theatre that was built on the Isle of Mull. Since this structure would be subject to winds and rain- it would be anticipated that steel or concrete would be the material of choice. However, cost of transporting these materials proved to be a huge factor, coupled with the fact that once again timber frame could be installed much quicker. PLATE 7; Image of the new timber frame theatre on Isle of Mull UK timber frame association preview 2010 page 26 (www.timber-frame.org) As well as these structures, timber frame prototypes have also been erected to improve our knowledge and findings on the performance of timber frame. One such prototype is the Kingspan Lighthouse which was designed and built to show how well timber frame would or would not perform when the structure was going to be an unorthodox shape. As with all buildings, small faults were found and good feedback was received on how improvements could be made. However, a Level 6 rating under the Code of Sustainable Homes was reached- even though this target doesnà ¢Ã¢â€š ¬Ã¢â€ž ¢t need to be achieved until 2016. PLATE 8; Image of Kingspan Lighthouse which achieved a Level 6 rating. UK timber frame association preview 2010 page 9 (www.timber-frame.org) 6.0 MOISTURE CONTENT All timber that is to be used for construction purposes will have a certain moisture content. Different timbers will have different moisture content depending on their use. For example, timber that is going to be used at junctions in the building where dampness could form will need to have a low moisture content. Kilns are used to dry timber out to a certain specification. Moisture content can be calculated by completing the following calculation; à ¢Ã¢â€š ¬Ã…“Moisture Content %= (wet weight)-(dry weight)/ dry weight x 100%à ¢Ã¢â€š ¬? Chudley and Greeno (2007, p.175) 6.1 THREAT OF ROT Rot spreading throughout a building is the nightmare of every client and builder, as it can cause unlimited damage and mean that in the extreme cases the building cannot be repaired. However, à ¢Ã¢â€š ¬Ã…“Dry timberà ¢Ã¢â€š ¬?, which is a timber with a moisture content of under 20%, is not at risk of decay. Lyons (2007, p.105) noted that à ¢Ã¢â€š ¬Ã…“à ¢Ã¢â€š ¬Ã‚ ¦ the reduction in water content to below 20% will arrest any incipient fungal decay, which can only commence above this critical level.à ¢Ã¢â€š ¬? This should dispel any doubts that timber is very exposed to rot. Furthermore, the timber is also sprayed with necessary preservatives before installation to satisfy Building Regulation requirements. 7.0 CONCLUSION This report has briefly looked at how timber frame structures perform in numerous fields. It has also outlined how timber frame can be used in a variety of different structures- some of which many people would not associate timber frame construction with. It is therefore clear to see that this market will continue to grow, with the market possibly accelerating more so in Ireland in the near future. This is because Ireland is possibly the country which has the most room for growth in this sector, coupled with the fact that Scotland is nearby and would prove to be a very good source for timber. This report has also addressed concerns relating to timber and the perception many people still have about using timber in construction- such as fire hazards, risk of rot, unable to be used in multi-storey buildings; to name just a few. Once people are better educated and made more aware about using timber as the structure for buildings- then these myths will soon be dispersed. After all, as mentioned in the introduction; this form of construction is used in countries such as USA, Canada and Australia. It is of course the most popular form of construction used in the developed world- meaning it can handle the hot summers in Australia and also the windy wets nights and wintry conditions in Scotland. It has taken Britain and Ireland many years to adopt this practice and some will no doubt wish to never embrace timber frame construction. However, the old adage à ¢Ã¢â€š ¬Ã…“the times are changingà ¢Ã¢â€š ¬? certainly springs to mind at this point. With the Government endorsing the use of timber frame and with environmental and sustainability concerns the topic of conversation on a regular basis- this definitely seems like the route to take. à ¢Ã¢â€š ¬Ã…“Timber Frame is probably the biggest single advance in building methods in recent yearsà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬?(www.walkertimbergroup.com) The above quote certainly is a bold one but with the facts in figures produced in this report; it is hard to argue against such a statement. 8.0 REFERENCES- Websites Source- UK timber frame association preview 2010 (pdf file) (www.timber-frame.org) [accessed 4th February] Source-Fire Safety on Timber Frame Construction Sites (pdf file) (www.timber-frame.org) http://www.ramstowndevelopments.com/index.php?id=47 [accessed 4th February] http://www.framewiseltd.co.uk/Systems/i-joists-the-simple-framing-system.html [accessed 4th February] http://www.trada.co.uk/techinfo/library/view/6BA4B8A2-79A8-451B-AB6F-474D37137B4F/Timber+frame+construction+-+an+outline/ar01s02.html [accessed 5th February] http://www.timber-frame.org/html/Building_And_Construction/Benefits_of_Timber_Frame/ [accessed 5th February] http://www.scotframetimberengineering.co.uk/ [accessed 5th February] http://www.deesidetimberframe.co.uk/environmental.htm [accessed 5th February] http://www.walkertimbergroup.com/walkertimber/products/products/timberframe1 [accessed 5th February] Books Chudley, R., Greeno, R. (2008) Building Construction Handbook. 7th ed. Oxford: Elsevier Ltd Chudley, R., Greeno, R. (2007) Construction Technology. 4th ed. Essex: Pearson Education Limited Lyons, A., (2007) Materials for Architects Builders. 3rd ed. Oxford: Elsevier Ltd. Popularity of Timber Frame Construction Popularity of Timber Frame Construction 1.0 INTRODUCTION This report will look at the increasing popularity surrounding timber frame construction in the construction industry. It will look at why this trend is continuing across the UK and how this form of construction can be applied to various building types. Timber frame construction is most notably used in parts of the world such as USA, Canada and Australia but it is being used more frequently throughout the UK in more recent times as well. Year on year the market share for timber frame construction has increased. Scotland is leading the way in this field by using timber frame construction much more than their neighbours. The timber sourced for this type of construction can readily be found in Scotland and this may go some way to explaining why it is indeed so popular in Scotland. 1.1 FACTS AND FIGURES; For the tenth consecutive year; the market share for timber frame construction has increased, 25% of all new houses in the UK are timber frame, As previously stated, Scotland is the most popular country for timber frame construction in the UK but even considering this; 75% of all new houses in Scotland are timber frame and that percentage continues to rise. Also, even during a recession when the construction industry has possibly been hit as hard as any other industry; timber frame construction only dropped by 26% while other construction methods dropped almost 38% in 2008. UK timber frame association preview 2010 page 5 (www.timber-frame.org) The trend is also growing outside of the UK, in Ireland for example. This is endorsed by the following quote. à ¢Ã¢â€š ¬Ã…“Timber frame homes currently account for 25% of new build homes in Irelandà ¢Ã¢â€š ¬? (www.ramstowndevelopments.com) 2.0 METHOD OF CONSTRUCTION Timber frame construction means that the weight-bearing walls are indeed timber panels. In other buildings this could be steel or blocks for example. These timber panels are made off site to an exact size and when they are required, they are simply transported by truck from the factory to the site. They can then be installed by men using pulleys and ropes or if the panels are too large and heavy- a small crane can be used to carry out this task. The panel itself is usually made up of solid timber- to take the load of the structure and this is sheathed usually by plywood or OSB- Oriented Strand Board, which is usually sourced from Scotland. These members ensure that the panel has suitable strength and is also rigid. Once the timber frame installation is complete, the external leaf of the building can then be installed. This can be brickwork or any form of cladding or a rendered finish. There are in fact two types of panels available- namely the Open Panel meaning the panel will be dry-lined after the insulation, vapour layer and services have been installed on site. The other panel is the Closed Panel and is this case this is all done in the factory. UK timber frame association preview 2010 page 11 (www.timber-frame.org) There have also been advances in the design of I-Joists in timber frame systems. There are now lighter I-Joists available but they have the greater strength and durability because the flanges are wider and the joist itself is not solid wood as has been the case in previous years- it can simply be plywood or OSB. PLATE 1; Image showing lightweight I-Joists, which are easier to handle but still strong enough to withstand the load being rested on it; due to the wide flanges. (www.framewiseltd.co.uk) 2.1 BALLOON FRAME There are actually two forms of timber frame construction. These are called Balloon Frame and Platform Frame. Balloon Frame has been superseded nowadays by Platform Frame but a brief outline is explained on both. The Balloon Frame form of construction simply means that the studs that make up the exterior wall are one long section which spans from the ground to the ceiling height of the top floor. à ¢Ã¢â€š ¬Ã…“A balloon frame consists of two-storey height panels with an intermediate floor suspended from the formwork.à ¢Ã¢â€š ¬? Chudley and Greeno (2008, p.386) Problems are obvious with this form of construction; Fire can spread easier because of the large panels Large panels may be more difficult to find Large panels will also be more difficult to handle Heating bills could be higher because there is no insulation between a room and the exterior walls Drawbacks such as these mean that the Platform Frame is more popular and is used today in preference to the Balloon Frame. 2.2 PLATFORM FRAME As previously mentioned, this is the form of timber frame construction favoured today in the UK. It differs from the Balloon Frame, as the structure is built up floor by floor. Basic sequence of events would include; Engineer calculates out sizes required by looking at the clientà ¢Ã¢â€š ¬Ã¢â€ž ¢s drawings Materials ordered and prefabricated in factory Materials arrive on site- only as required Base of the structure is marked out Timber floor joists are lifted into place using a small crane Walls are erected and positioned on top of floor joists- again using a small crane Prefabricated roof is also positioned in by a crane on top of the wall panels Cavity barriers/fire stops are installed Felt and battens are applied to roof- structure is now watertight External layer can now be can applied as well as tiles or slates on the roof Internal services can now be installed   Ãƒâ€šÃ‚  Ãƒâ€šÃ‚  Ãƒâ€šÃ‚   PLATE 2; Image showing a floor being lifted into position by crane (www.ramstowndevelopments.com) (sketch 2 drawings from page 171 of chudley greeno) 3.0 ADVANTAGES OF TIMBER FRAME Timber frame construction holds quite a few advantages over brick and block or steel frame construction; Quick to erect- can be completed faster than using brick and blocks as there is no need to wait for mortar to dry. Also, timber can still be installed in the rain; when brick or blocks canà ¢Ã¢â€š ¬Ã¢â€ž ¢t and is also not affected by the frost like mortar is. Easy to transport- panels, trussed roofs, timber floors etc are easily loaded on to a lorry and delivered on site as needed also ensuring the site isnà ¢Ã¢â€š ¬Ã¢â€ž ¢t cluttered up with materials that are not yet needed. Easy for the Contractor to forecast the completion date of the project- the job will run on time easier and will not be delayed due to weather as wintry conditions can delay progress on site. Cleaner site- as everything is measured to specification; there will be very little material waste on site meaning more profits, less money spent on dumping waste in landfills and less chance of an injury also. Smooth and dry- the surface is easy to decorate and also easy to render. Better quality- as the frame is fabricated off site to meet Building Regulations; there is less chance of human error. Can be installed by small crane to meet a tight deadline or by workmen as a cheaper option. Extensions can easily be incorporated, as timber and plasterboard are easier to remove than blocks. Also easier to design a building to suit the clientà ¢Ã¢â€š ¬Ã¢â€ž ¢s exact taste and possibly make a building unique form others. (www.trada.co.uk) Once the shell of the building is complete- this means it is watertight and the internal works can begin. It only takes around 5 days to achieve a watertight house. 3.1 THERMAL PERFORMANCE Timber is an excellent insulator and this in turn means that timber framed buildings store heat very well. This therefore leads heating bills being reduced, which in turn also means less fossil fuels are being used- be it oil for central heating or coal for a fire. How much money can be saved on heating bills varies and bold claims are made about this. It is hard to calculate because other factors need to be considered such as the specification of the building, the occupants of that building and so on. One timber frame company called Ramstown Developments claim that à ¢Ã¢â€š ¬Ã…“Timber framing is an energy saving system that cuts an average of 33% off the annual cost of heating your home.à ¢Ã¢â€š ¬? (www.ramstowndevelopments.com/) How accurate these figures are will be open to debate but there is little doubt that timber frame construction does have an advantage when it comes down to thermal performance. Many different timber frame companies exist and because of this they will specify the materials and construction and installation of the components slightly differently, thus giving slightly different results. However, the UK Timber Fame Association, who represents over 85% of UK timber frame manufacture states that à ¢Ã¢â€š ¬Ã…“Using a standard timber frame system achieves U-values between 0.30 and 0.27 using readily available and standard insulation- and using higher performance insulation and insulating breather membranes can boost these figures even more.à ¢Ã¢â€š ¬?(www.timber-frame.org) The keyword in the aforementioned statement is standard- meaning this is the minimum level of thermal performance that can be expected, so obviously this can be improved upon by having a higher specification. One such company is à ¢Ã¢â€š ¬Ã…“Scotframeà ¢Ã¢â€š ¬? who have designed a timber frame system which has a U-value of 0.11 which is very impressive when the U-value limit for walls in 1965 was actually 1.7. The system is a closed timber-framed panel, usually includes140mm  studs sheathed both sides with Oriented Strand Board (OSB) and factory filled with Polyurethane foam insulation. The internal side of the panel has a vapour control heat reflective membrane  and an air gap is created between this and the internal wall cladding to make a service zone.  The exterior side has a breathable waterproof membrane and 50mm of  polyurethane foam cavity insulation. To prove that these panels are indeed extremely thermally efficient- they have been tested by the National Physical Laboratory who confirmed a U-value of 0.11 W/m2K; when the external cladding is taken into account. This system can be installed without the cavity insulation- but as can be expected, the U-value results will not be as good. This system from Scotframe actually meets the meets the C02 targets which have been set at intervals of 2010, 2013 and 2016- at this stage. (www.scotframetimberengineering.co.uk/) PLATE 5; Image showing what the Scotframe system compromises of. (www.scotframetimberengineering.co.uk/) 3.2 ACOUSTIC PERFORMANCE Since timber frame performs so well in thermal performance, it isnà ¢Ã¢â€š ¬Ã¢â€ž ¢t very surprising to gather that it also performs well in the acoustic aspect also. This could be largely down to the fact that so many layers can absorb sound just like curtains and carpet absorbs sound better than an empty room with hard surfaces. In fact à ¢Ã¢â€š ¬Ã…“BREs Case study TF2000 found that even a multi-storey project would out perform building regulations for acoustic insulation.à ¢Ã¢â€š ¬?(www.framewiseltd.co.uk) This statement therefore echoes these thoughts and actually emphasises that it more than satisfies Building Regulations. What is even more interesting is that this is not for a small cosy dwelling- it is actually in terms of a multi-storey structure. 3.3 FIRE PERFORMANCE Timber is more susceptible to fire than materials such as concrete, bricks, blocks or steel. This however, does not mean that timber frame structures are more of a fire hazard. Timber frame structures are more likely to be burnt down during the actually construction phase, when the installation is not complete. This could be due to an accidental fire starting on site or probably the more likely case of vandalism. The HSEà ¢Ã¢â€š ¬Ã¢â€ž ¢s figures of 11 fires each day in the construction industry advocates this theory. Fire Safety on Timber Frame Construction Sites, page 5 highlights this, à ¢Ã¢â€š ¬Ã…“Governmentà ¢Ã¢â€š ¬Ã¢â€ž ¢s annual UK fire statistics show that two thirds of fires in construction industry premises are started deliberately.à ¢Ã¢â€š ¬? (www.timber-frame.org/) Fires that do start accidentally will not spread as easily once the installation has been complete, because the fire resistant plasterboard will see to this and also the external cladding will prove a difficult surface for the fire to engulf. There are of course ways in which the threat of fire can be minimised; Design out the need for hot-works, i.e. working with a blowtorch. If hot-works are required then that area should be monitored for 1 hour and again 2 ours later as a precaution. Keep the site tidy with no timber shavings or pieces of paper lying around, as these could start a fire easily (this of course would be good practice on any construction site) Ensure good site security to keep potential thieves and vandals at bay- again just like on any construction site. Fire Safety On Timber Frame Construction Sites page 10 (www.timber-frame.org) At this stage it should be stressed that timber frame construction is quick to install and because of this it is easy to reach a point when fire resistant materials are in place and the risk of fire is therefore greatly reduced. Also, cavity fire barriers will reduce the spread of fire. They are placed at openings in external walls, at corners, at each floor level, at eaves level, around pipes, cables etcà ¢Ã¢â€š ¬Ã‚ ¦ It is also worthy to mention that timber frame buildings do of course have to pass the relevant Building Regulations; as fire is a very serious matter. So if they satisfy these needs; they are as safe as any other form of construction in that aspect. 4.0 ENVIRONMENT Terms such as C02 emissions, global warming, carbon footprint and greenhouse gases are often the topic of conversation in todayà ¢Ã¢â€š ¬Ã¢â€ž ¢s world. Everyone is being urged to think about the environment and the construction industry is probably under the microscope as much as any other sector. As mentioned previously one of the advantages of timber frame construction is that it reduces the effects of burning fossil fuels- such as oil or coal. This therefore means it also minimises the greenhouse effect as well. Unlike steel or concrete- there is no need for any manufacturing, refining or extracting as timber is natural. à ¢Ã¢â€š ¬Ã…“Strength for strength, concrete uses 5 times (and steel uses 6 times) more energy to produce than timberà ¢Ã¢â€š ¬?(www.timber-frame.org) à ¢Ã¢â€š ¬Ã…“Overall C02 emissions for timber construction (the em-bodied carbon are up to six times lower than the emissions associated with masonry construction materialsà ¢Ã¢â€š ¬? UK timber frame association preview 2010 page 19 (www.timber-frame.org) That statement may not hold much relevance until the Governmentà ¢Ã¢â€š ¬Ã¢â€ž ¢s stance on this subject is made clear- à ¢Ã¢â€š ¬Ã…“Come October 2010, the Government will slash the level of permissible CO2 emissions generated by new builds by 30%. There is a further reduction of 30% planned for 2013 and yet another of the same amount due to come in to force in 2016à ¢Ã¢â€š ¬?(www.scotframetimberengineering.co.uk/) This further proves just how big of a concern this matter is and that the Government are acting quickly and have very clear targets in mind for the future. Some timber frame companies are also trying to convey this message to the public, as advocated by Deeside timber frame- à ¢Ã¢â€š ¬Ã…“Raise awareness of environmental issues with our customers, suppliers and staffà ¢Ã¢â€š ¬? is listed as one of their objectives regarding environmental matters. (www.deesidetimberframe.co.uk) Also, since timber is being sourced locally; in Europe and frequently in Scotland- it means there is no long journeys to transport the material overseas as can often be the case with steel when it is in short supply. 4.1 SUSTAINABILITY Timber is a very sustainable material. This is simply due to the fact that the timber comes from managed forests and for every tree that is cut down- two are planted to replace it. As well as this; the Government also introduced a scheme titled the Code for Sustainable Homes in 2006. UK timber frame association preview 2010 page 7 (www.timber-frame.org) To summarise, this basically states that the Government wants homes to be more energy efficient and that Level 3 is the basic standard expected in the average housing scheme, with this rising to a Level 6 for all new homes by 2016. Issues which affect what level the structure will be credited with depend on two things- how energy efficient the buildings fabric is and also how the material itself was sourced. Timber can achieve a good rating on both fronts because as previously mentioned; it is easy to source and doesnà ¢Ã¢â€š ¬Ã¢â€ž ¢t have to be transported long distances and also timber frame buildings have a very good thermal performance and can reduce heating bills. 5.0 NON-DOMESTIC BUILDINGS AND OTHER PROJECTS It would be fair to say that when most people think of timber frame construction, they think of low rise buildings like domestic dwellings. However, timber frame buildings are not just bungalows and two storey houses. Timber frame buildings include hotels, student accommodation and such like. With Building Regulations always being updated and changed; à ¢Ã¢â€š ¬Ã…“Timber frame can currently go up to 18 metres within the current regulations. This has already allowed the construction of a 7 storey building in Bedminster in Bristol.à ¢Ã¢â€š ¬? (www.timber-frame.org) Further examples of surprising projects include a primary school which has over 400 children in attendance. St Lukeà ¢Ã¢â€š ¬Ã¢â€ž ¢s Primary School in the Wolverhampton area was actually completed in 16 weeks- which was 2 weeks ahead of schedule! It cost  £5.9m to construct and was given a rating of Excellent by BREEAM. This rating was of such a high standard that it is actually the first time it has been awarded to a building in Britain. (BREEAM is the BRE Environmental Assessment Method.) PATE 6; Image of St Lukeà ¢Ã¢â€š ¬Ã¢â€ž ¢s CE Primary School, Blakenhall Gardens UK timber frame association preview 2010 page 26 (www.timber-frame.org) Other such projects include a NHS Adolescent Unit in Wales, where in this instance timber frame was ideal due to the fact that it was manufactured offsite and this meant less time onsite, making noise and disrupting the patients. A further example includes the theatre that was built on the Isle of Mull. Since this structure would be subject to winds and rain- it would be anticipated that steel or concrete would be the material of choice. However, cost of transporting these materials proved to be a huge factor, coupled with the fact that once again timber frame could be installed much quicker. PLATE 7; Image of the new timber frame theatre on Isle of Mull UK timber frame association preview 2010 page 26 (www.timber-frame.org) As well as these structures, timber frame prototypes have also been erected to improve our knowledge and findings on the performance of timber frame. One such prototype is the Kingspan Lighthouse which was designed and built to show how well timber frame would or would not perform when the structure was going to be an unorthodox shape. As with all buildings, small faults were found and good feedback was received on how improvements could be made. However, a Level 6 rating under the Code of Sustainable Homes was reached- even though this target doesnà ¢Ã¢â€š ¬Ã¢â€ž ¢t need to be achieved until 2016. PLATE 8; Image of Kingspan Lighthouse which achieved a Level 6 rating. UK timber frame association preview 2010 page 9 (www.timber-frame.org) 6.0 MOISTURE CONTENT All timber that is to be used for construction purposes will have a certain moisture content. Different timbers will have different moisture content depending on their use. For example, timber that is going to be used at junctions in the building where dampness could form will need to have a low moisture content. Kilns are used to dry timber out to a certain specification. Moisture content can be calculated by completing the following calculation; à ¢Ã¢â€š ¬Ã…“Moisture Content %= (wet weight)-(dry weight)/ dry weight x 100%à ¢Ã¢â€š ¬? Chudley and Greeno (2007, p.175) 6.1 THREAT OF ROT Rot spreading throughout a building is the nightmare of every client and builder, as it can cause unlimited damage and mean that in the extreme cases the building cannot be repaired. However, à ¢Ã¢â€š ¬Ã…“Dry timberà ¢Ã¢â€š ¬?, which is a timber with a moisture content of under 20%, is not at risk of decay. Lyons (2007, p.105) noted that à ¢Ã¢â€š ¬Ã…“à ¢Ã¢â€š ¬Ã‚ ¦ the reduction in water content to below 20% will arrest any incipient fungal decay, which can only commence above this critical level.à ¢Ã¢â€š ¬? This should dispel any doubts that timber is very exposed to rot. Furthermore, the timber is also sprayed with necessary preservatives before installation to satisfy Building Regulation requirements. 7.0 CONCLUSION This report has briefly looked at how timber frame structures perform in numerous fields. It has also outlined how timber frame can be used in a variety of different structures- some of which many people would not associate timber frame construction with. It is therefore clear to see that this market will continue to grow, with the market possibly accelerating more so in Ireland in the near future. This is because Ireland is possibly the country which has the most room for growth in this sector, coupled with the fact that Scotland is nearby and would prove to be a very good source for timber. This report has also addressed concerns relating to timber and the perception many people still have about using timber in construction- such as fire hazards, risk of rot, unable to be used in multi-storey buildings; to name just a few. Once people are better educated and made more aware about using timber as the structure for buildings- then these myths will soon be dispersed. After all, as mentioned in the introduction; this form of construction is used in countries such as USA, Canada and Australia. It is of course the most popular form of construction used in the developed world- meaning it can handle the hot summers in Australia and also the windy wets nights and wintry conditions in Scotland. It has taken Britain and Ireland many years to adopt this practice and some will no doubt wish to never embrace timber frame construction. However, the old adage à ¢Ã¢â€š ¬Ã…“the times are changingà ¢Ã¢â€š ¬? certainly springs to mind at this point. With the Government endorsing the use of timber frame and with environmental and sustainability concerns the topic of conversation on a regular basis- this definitely seems like the route to take. à ¢Ã¢â€š ¬Ã…“Timber Frame is probably the biggest single advance in building methods in recent yearsà ¢Ã¢â€š ¬Ã‚ ¦Ãƒ ¢Ã¢â€š ¬?(www.walkertimbergroup.com) The above quote certainly is a bold one but with the facts in figures produced in this report; it is hard to argue against such a statement. 8.0 REFERENCES- Websites Source- UK timber frame association preview 2010 (pdf file) (www.timber-frame.org) [accessed 4th February] Source-Fire Safety on Timber Frame Construction Sites (pdf file) (www.timber-frame.org) http://www.ramstowndevelopments.com/index.php?id=47 [accessed 4th February] http://www.framewiseltd.co.uk/Systems/i-joists-the-simple-framing-system.html [accessed 4th February] http://www.trada.co.uk/techinfo/library/view/6BA4B8A2-79A8-451B-AB6F-474D37137B4F/Timber+frame+construction+-+an+outline/ar01s02.html [accessed 5th February] http://www.timber-frame.org/html/Building_And_Construction/Benefits_of_Timber_Frame/ [accessed 5th February] http://www.scotframetimberengineering.co.uk/ [accessed 5th February] http://www.deesidetimberframe.co.uk/environmental.htm [accessed 5th February] http://www.walkertimbergroup.com/walkertimber/products/products/timberframe1 [accessed 5th February] Books Chudley, R., Greeno, R. (2008) Building Construction Handbook. 7th ed. Oxford: Elsevier Ltd Chudley, R., Greeno, R. (2007) Construction Technology. 4th ed. Essex: Pearson Education Limited Lyons, A., (2007) Materials for Architects Builders. 3rd ed. Oxford: Elsevier Ltd.

Injustice anywhere is a threat to justice everywhere Essay

Injustice refers to either the absence or the exact opposite of justice. The term is applied either in reference to a particular event or even a larger incident. Injustice throughout society today is heard a lot about. People hear about major injustices all the time especially now media access is a lot easier. Many people can also come together and confront one another to either support or contradict these transgressions. This can also be contemplated throughout innumerable historical events and even ones that encourage Martin Luther King Jr.’s proclamation that any place with injustice means it is a portent everywhere else. Children both men and women are held in slavery over the course of the entire trans-Atlantic slave trade. The National Underground Railroad Network to Freedom Act of 1988 directed the National Park Service to commemorate and honor the history of the Underground Railroad. The Underground Railroad was the resistance to enslavement through escapes and flights throughout the Civil War. It also referred to the efforts of enslaved African Americans to gain their equality by escaping bondage. Wherever slavery existed, there was some sort of effort in escaping. While most completed their journey of escaping unassisted, each subsequent decade in which slavery was legal in the United States saw an accumulation in active efforts to reinforce these escapes. The decision to assist a freedom seeker was quite an experience. However, in other places, particularly after the Fugitive Slave Act of 1850, the Underground Railroad was surprisingly organized and even deliberate; seekers spread out into different directions to discuss the important movement in American History as an examination of the areas in which people were enslaved. The power of the word â€Å"injustice† results in many people abusing it and trying to apply it to situations where uninformed people will react by taking their side of the altercation. In the short passage â€Å"Protecting Freedom of Expression on the Campus†, Derek Bok discusses the problem of attempting to reconcile the rights of free speech along with the desire to  avoid racial tension. Derek begins his explanation by using two of his students, one who hung up a confederate flag in public view in Harvard along with having one who protested that same situation by hanging swastika. Oppositions may state that anything that may have been a threat or harm to human life should definitely contain limitations and restrictions. Bok stated how extraordinary perspectives argued by various student groups on the campus were also adding on to express how unique student groups suggested revolving this issue that Bok continued to explain the certain campuses resolving around sim ilar dissensions. â€Å"Freedom is never voluntarily given by the oppressor; it must be demanded by the oppressed.† A nation where most citizens are free to choose their careers, their homes and jobs can be both profitable and content. Having freedom being given freely to the oppressed which means they must fight for their own rights. Most of the time an oppressor benefits from its oppression and the oppressed has to be the first one to set an example of a better situation and then beginning the process of releasing the continuity of oppression. At any rate, it may not be the freedom that â€Å"freedom isn’t free† but it definitely is the basis for it. There is freedom in both social and political senses especially when others abstain from interfering with certain activities that they attend. Freedom in the sense of the inborn capacity to act as people rather than machine figures portray the fact that freedom is free. And that people’s obligations are mostly under a negative connotation rather than a positive connotation in respect to emancipation. In the book, â€Å"The System of Liberty: Themes in the History of Classical Liberalism† by George H. Smith, he discusses the difference between the positive and negative freedom as a huge part of the division between the â€Å"old liberals.† And how the newer liberal comprehension of freedom would require people to do more work instead of initiating force against others because newer liberal-T.H. Green believed that nobody could be free who lacked certain materials. And in order for them all to be free, everybody would be required to submit to the states  demands in the variety forms of taxations and regulations of consensual negotiations. However, oppositions may state that protecting one’s negative social freedom requires usage of scarce resources and in that sense, freedom is not free. Because liberals have spent a decent amount of time proving that new liberalism is founded on a contradiction, that the freedom of one postulates aggressive force upon one another because freedom cannot directly be accustomed; therefore, resulting in people having to work for their liberties. Freedom is not to be given freely because the rights that are already given to us are both significant and immeasurable. In the novel, â€Å"To Kill a Mockingbird† by Harper Lee, Atticus is appointed by the court to defend Tom Robinson-an African American who had been accused of raping a young White woman. Even though many of Maycomb’s citizens disapproved, Atticus continued to defend Tom. And that resulted in having other children taunt two children Jem and Scout by calling them a â€Å"nigger† for the actions that they have made. Scout was tempted to stand up for his father’s honor by fighting even though Scout’s father told her not to. It was also not the proper way to deal with a situation like this so her father did not want his daughter to get into trouble even though she was not treated as an equal. Though others may disagree and state that it was completely Scout’s fathers’ decision to defend the African American, he deserved the decision he made. Scout’s father stood up for Tom Robinson because he knew that he was innocent and he did what he believed was right. And in the end, Tom Robinson gained his freedom by trying to escape from prison because he knew he did not belong there and ended up getting shot. That was his definition of gaining his freedom and it was definitely not free since he practically sacrificed his life.

Psychology Manipulation Essay

At a psychological level, the art of manipulation primarily involves two things: concealing aggressive intentions and behaviors and knowing the psychological vulnerabilities of your opponent well enough to know what tactics are likely to be the most effective weapons against them. Psychological manipulation is most often accomplished through covert-aggression or aggression that is so carefully veiled or so subtle that it’s not easily detected. Manipulators want what they want and fight hard to attain their goals. But the tactics they use can make it appear like they’re doing almost anything but simply trying to get the better of you. The tactics are also very effective weapons of power and control. That’s because even though they’re hard to recognize as aggressive moves at a conscious level, at an unconscious level others feel backed into a corner and are thrown on the defensive. This makes it more likely that they’ll back down or give in to their m anipulator. Skilled manipulators know the vulnerabilities of their opponents. If vanity is someone’s weakness, a seduction tactic might be the best manipulation tactic. If over-conscientiousness is their weakness, perhaps guilt-tripping would be the most effective way to gain the upper hand. Most manipulators have a significant disturbance of character (i.e. have too little conscience or sensitivity). Their easiest prey are neurotic individuals (i.e. people with high levels of sensitivity and conscientiousness). Tactics like Playing the Victim, or Shaming will effectively manipulate the average neurotic because conscientious individuals neither want to see someone else as suffering, nor do they want to feel badly about themselves. If a neurotic person were to try these same tactics on a disturbed character, they would soon learn that they have no effect. Psychological Manipulation is a type of influence that attempts to change the behavior or perception of others through underhanded, deceptive and abusive techniques. This advances the interests of the manipulator, generally at the victim’s expense, in methods that may be considered abusive, devious, deceptive, and exploitative. In order to be successful, the art of manipulation involves two things – concealing aggressive or subversive intentions and behaviors while knowing the psychological vulnerabilities of the victim well enough to know what will be the most effective psychological weapons or tactics to be used against them. This is most often accomplished through covert-aggression or carefully veiled aggression – which may be so subtle that it’s not easily detected. Psychological Manipulators know what they want and fight hard to get it. The tactics Psychological Manipulators use are very effective methods of power and control, because they’re almost impossible to be seen as aggressive on the surface, at the unconscious level, the victim feels backed into the corner. Once a victim is backed into a corner, it is more likely that they’ll back down or give into the manipulator’s demands.

Will A Good Corporate Governance Attract More Investors - Free Essay Example

Sample details Pages: 17 Words: 4967 Downloads: 1 Date added: 2017/06/26 Category Management Essay Type Research paper Did you like this example? Corporate governance is the way of corporation being directed which is involves a relationship between the manager , the shareholders , and other stakeholders of the company. The use of corporate governance is to provides the structure through which the objectives of the company are set. In adopting a good corporate governance, companies should be transparent of the financial reports. Don’t waste time! Our writers will create an original "Will A Good Corporate Governance Attract More Investors" essay for you Create order Now adays most company around the world have adopt good corporate governance system , but some of the countries have not adopt the system. In this project , it will contain a research of the corporate governance status in Indonesia. Wether most of company in Indonesia have adopted a good corporate governance or not. Inside this project, there are two research question which is using different type of statical analysis. The first research question was made to found out wether is it true that a good corporate governance will attract more investors to the company. The second research question was made to know have most company in Indonesia have issue their corporate governance report according to the standard and transparency. And the result of the research is that there are some correlation between the corporate governance and performance of company. The other finding is that some of the company in Indonesia still not transparent in disclosing the corporate governance report. Chapter 1 Introduction Research background Corporate governance is one of the important factors that should be maintain inside the company. Now adays a lot of investors not only looking for financial reports of the company but they are also looking for the corporate governance status of the company. Since the financial crisis in 1990à ¢Ã¢â€š ¬Ã¢â€ž ¢s. Indonesia facing some diffculties in the economic factors. Alot of company were collapse , because many directors made a wrong decision. From that moment the economic and political condition in Indonesia is not stable. This problems will effects the corporate governance system in Indonesia. But by creating a good corporate governance structure they are some benefit from it. A good corporate governance system will help directors, corporate managers , and owner to better governing the company. Many international investors hesitate to invest their money if the corporate governance structure does not so good. They want to know how well the is the directors can manage the comp any. There are some important key role of the corporate governance which are a transparency of the company financial and non-financial reportings , independent commisioner , and audit committee of the company. Investors want to know clearly the way of company leaders directing their company in achiving the goal. Investors will not invest their money if the company does not have a clear structure of the company. That is why adopting a good corporate governance may have some advantages, it will be easier to obtain capital and increasing share price. Using the data of corporate governance it can also effects the performance of the company.The corporate governance report will shows all the activity of the leaders inside the company. In governing a company there are rules for the directors , managers, and shareholders that must be follow. Such as a Annual General Meetings, most of the leaders of the company must attend this meetings at lease twice a year. If they are not fullfil their job as a leader of the company, it will be reported in the corporate governance report. 1.2 Research Objectives 1.2.1 Primary Research Objectives The primary objectives of this project is to give some information about the latest situation of coporate governance in Indonesia using the latest data which is taken from the year 2009 and also a questioner which is from the year 2010. Many people believes that a good corporate governance system can attract more investors to the company, so inside this project it will tested wether that statement is true or not. And this project also want to know wether most of company in Indonesia have disclosed their corporate governance reporting transparently. 1.2.2 Secondary Research Objectives The secondary objective of this project are : From the research it will shows the advancement of corporate governance system in Indonesia. Showing the effectiveness of corporate governance reporting for the company Take some feedback from the employee in Indonesia about the corporate governance situation in the company where they are working. Chapter 2 Literature Review A good corporate governance is important for a company around the world. Instead of financial data of the company, investors also looking at the corporate governance disclosure data before they are deciding in which company that should they invest in. From the data it will show the management situation of that company. Some of the country around the world still very low in conducting a good corporate governance. Conducting a good corporate governance will make the company more profitable , it will attract more shareholders to invest in our company. Lawrence D. Brown and Marcus L. Caylor (2004) using a sample of 2,327 companies and based on 51 corporate governance provisions which is provided by Institutional Investor Services (ISS) they found out that companies which are better governed relatively got a better income or more profitable and most of the shareholders got more dividend from the company. Based on a data which is taken from Institutional Shareholder Service , they create broad measure of corporate governance and they create Gov- score. The Gov-score was measured of 51 factors which is encompassing eight categories of the corporate goverenance which is : board of directors , auditors , characters by laws , executive and director compensation , ownership , progressive practices , and state of incorporation. Financial problem now adays become the major topic globally , it effects a lot of firms around the world. PaquitaY. Davis , Li Li Eng , and Chao-Shin Liu (2006) they were investigate the role of corporate governance mechanisms and accounting system in four different countries in Asia which is Indonesia , Korea , Malaysia , and Thailand. Those countries were effected by Asian financial crisis. They found out that it is depends on the corporate governance mechanisms and accounting system in effecting the book value of equity and it is also determining the relation between the accounting information and stock prices during the economy-wide financi al crisis. Results of their finding is the earnings in Thailand and Indonesia was reduced during the Asian financial crisis and increased in book of value. In Korea , neither earnings nor book of value was impacted by the crisis. And the last one which is in Malaysia both book of value and earnings was decreased during the Asian financial crisis. Bernard S. Black , Woochan Kim , Hasung Jang , and Kyung-Suh Park (2009) conduct a research in KCGI (Korea Corporate Governance Index). They try to find the relation between level of corporate governance and the effects the firm market value. And the findings of their research that overall firms that are better governed got a some competitive advantage than other company. From the research , overall firms who got higher KCGI will get higher dividends , got a lower capital expenditures ( because of Korea firms that are overinvest) but the investment is more sensitive to profitability , lagged board structure predicts higher profit , the r elated party transactions will reduce adverse for firm value. Robert W.McGee (2010) Indonesia need to develop the structure of the corporate governance. By developing a good corporate governance he found out that it will helps increasing the share prices and it will be easier to obtain capital. And from his research information which is from the Worldà ¢Ã¢â€š ¬Ã¢â€ž ¢s bank ROSC report about rights of shareholders , equitable treatment of shareholders , role of stakeholders in corporate governance , disclosure and transparancy , and responsibility of the boards from the scale one to five , Indonesia overall score is 2.83% which conclude from his research that corporate governance in Indonesia is need to be develop. From the research he suggested that companies in Indonesia need to strenghten shareholder access to the information of the company , in treating the shareholders must be equally , and company must fully adopt the International Financial Accounting Standards (IFRS) and also International Standards of Auditing. Meidyah Indreswari (2006) identified Indonesia corporate governance status which was turn bad because of the tragedy of economic crisis in 1997. From the research the writters found out there are several factors that make corporate governance fail in that year. Firstly, using agency theory to explain the relation between the agent and the principal was more problematic in ISOEs than the private enterprise. Secondly, the rules of board director and management is really important for the company. Government should reduce their intervention in ISOEà ¢Ã¢â€š ¬Ã¢â€ž ¢s operating system in order to make the boards of the company to work more effective. Thirdly, findings of the research shows that the corporate governance in Indonesia was not effective due to unclear information about role of corporate governance and also a unclear programmes of the company. These problems can create the lack of commitment of the employee to the company which l ead to failling of the corporate governance. Lastly, other factors that lead into fail corporate governance are culture , public governance , and law enforcement. In order to fix those factors, there should be a joint efforts from the public sectore is needed to ensure a good corporate governance will be occure. A study also conducted by Maria Andersson and Manal Daoud (2005) using the agency theory to test the factors that influence the corporate governance disclosure information in Swedish listed corporations. Using 41 listed companies in Swedish as an example , according to they research it found out that factors that influence the corporations are the parents company it self and the size of the corporation in disclose the corporate governance information. They also find out that agency theory is not a proper theory to find the influence of corporations in disclose information about corporate governance. Zheng Fan , Liyan Wang , Jidong Zhang (2008) they conduct a research a bout the relation of company motivation in voluntary disclosure will effect the earning quallity of the company. The research information was taken from the Chinese capital market in 2004-2006 period. And the results of their result is that the company disclosure data and corporate governance of the company will not effects the earning quality of the company. There are many companies in different countries that already adopted a good corporate governance. When a lot company have adopted a good corporate governance and shows the transparency of the company performance, it will be easier for the investors to choose in which country they will invest in. But in some countries such as Indonesia there are still some difficulties in adopting a good corporate governce. Benny Simon Tabalujan (2002) studied factors that made the corporate governance in Indonesia failed. Since the financial crisis in Indonesia which is around 1990à ¢Ã¢â€š ¬Ã¢â€ž ¢s there are a lot of trouble that effects t he corporate governance system in Indonesia. The most influence factors that he found out were the legal culture and the law. According to his research Indonesia had so much law that must be follow , the law will make some difficulties for the company to perform. He was suggested that Indonesia need to less down those law and regulation for the company so company can perform well in the future. Dudi M. Kurniawan and Nur Indiriantoro (2000) did a research about the status of corporate governance in Indonesia. And the findings of the study were divided into 5 different parts which are factors that influence the corporate governance status in a company. The first part of his research was about the ownership structure in Indonesia companies. And he found out that Indonesia had two boards in corporate governance system which is not effective for the company. The second part of his research was about the efforts to develop the corporate governance in Indonesia , and he found out that I ndonesia corporate governance still need a help from the international countries. The third part of his research was about the accounting standards in Indonesia which should be written according to the basic of International Accounting Standards. The fourth part of his research tell us about audit standards and the audit profession in Indonesia. He suggested that Indonesian auditors need to pay attention to the standards in Indonesia. It is because according to his research a lot of Indonesian auditors look for USA auditors standards and forgeting the standards in his country. This will be a crucial effects for the company. And according to his research the cause of Indonesian financial crisis in 1997 was the auditors in Indonesia miss ditection of fraud that happened in most of companies in Indonesia. This fraud make a lot of company in Indonesia collapse.The fifth parts of his research found out the disclosure data of corporate Indonesia still need to be more transparancy to the p ublic. So from his research conclude that there are a lot of challenges in conducting a good corporate governance in Indonesia but those challenges can be minimize if there is an efforts to conducting a good corporate governance from inside the company. Werner R. Murhadi (2009) did a research using some information from the Indonesia Stock exchange in period 2005-2007 specializes in manufacture companies to test the performance of the corporate governance in Indonesia. He was using five good corporate governance indicators which are independent commisioner , CEO duality , audit committee , top share , and shareholders coalition to investigate rather it will effects the earning management practices. The findings of the research was a good corporate governance will effect earning management practices which done by the company. Another thing that he found out from the research was a lot of companies in Indonesia do EM ( Earning Management ) with negative leans. The purpose of the co mpany do that is to make their revenue look smaller which can help the company to avoiding tax. Sanjeev Bhojraj and Partha Sengupta (2001) they conducted research about the effect of corporate governance to the bond ratings and yield. They found out that corporate governance mechanisms will reduce conflicts of interest between the directors and the providers by monitoring to their actions. And they were also found out that company which have a greater institutional ownership and got influence by the external control of the board will have a lower bond yields and high ratings for the new bond issues. From the research they are suggested that company that are facing stronger external monitoring from the governance mechanisms are rewarded with low yields and high bond ratings. Monitoring the situation of the company should be maintain so it will stabilize the firm value of the company. Sridhar Arcot and Valentina G. Bruno (2009) studied about the different type of corporate gover nance will effects the firm performance. Their studied the effects of law in a country to the corporate governance mechanism. Since law and regulation is different from one country to the others, according Sridar and Valentina company must adjust to that law especially for the multinational firms. Disclosing corporate governance report is one of the important factor because they found out some of the governance report was uninformative which mean it was not clear. The impact of the weak corporate governace was it shows the the inefficient use of the firms resources which can lead to the poor operating income. Benny Simon Tabalujan (2002) studied factors that made the corporate governance in Indonesia failed. Since the financial crisis in Indonesia which is around 1990à ¢Ã¢â€š ¬Ã¢â€ž ¢s there are a lot of trouble that effects the corporate governance system in Indonesia. The most influence factors that he found out were the legal culture and the law. According to his research Ind onesia had so much law that must be follow , the law will make some difficulties for the company to perform. He was suggested that Indonesia need to less down those law and regulation for the company so company can perform well in the future. Siti Nuryanah (2009) said there are still a problem in Indonesia corporate governance specially in audit committee. The problems in audit committee in Indonesia is that they holding a double positions in other companies, which it make the audit committee is not efficient in doing the works. And also , there are some company that does not have an audit committee. By not having an audit committee will become a problem for the board of committe in taking a decision. The research found out that 30 % from the JSX (Jakarta Stock Exchange) public listed companies does not have independent commisioners. Although that kind of problem occure , from her results it was found out that most of the companies in Indonesia have complied with the regulation o f corporate governance. Chapter 3 Methodology 3.1 Data The data of this project was taken from annual report in Indonesia stock exchange, IICD (Indonesia Institute for Corporate Directorship) reports which is the latest report, and 100 questioners which is given to the working people in Indonesia. The questioner was translating into Indonesia Language. 3.2 Methodology In this project there are two-research question that can lead to the answer of this research project. Each of the research questions will be tested in different type of statistical analysis test. The two-research questions of this project are: First: Is it true that adopting good corporate governance will attract more investors? Second: Using some factors in corporate governance reports, does most company in Indonesia have report their corporate governance data transparently? By using these research questions, several questions in the questionnaire had been made to gather answers from the respondents which then it will be linked back to answer the research questions. Inside the questioner there are divided into two section. The first section of the questioner is basic question about the corporate governance and the employee posisition in a company which they are working. The second section of the questioner is the important answer for this project which is contain all i nformation that will be used to analyze. As for the following questions in the questionnaires, respondents will be asked about questions which are mostly related to the research questions 3.2.1 Research Question 1 Is it true that adopting good corporate governance will increse the company performance ? Hypothesis: H1: good corporate governance will give a significant effect to the company performance H0: good corporate governance will not give a significant effect to the company perfirmance From the research that was conducted by Lawrence D. Brown and Marcus L. Caylor (2004) said that there were some advantages in adopting a good corporate governance. He was using a sample of 2,327 companies and based on 51 corporate governance provisions that are provided by Institutional Investor Services (ISS). And found out that company that are better governed are relatively got a better income or more profitable and most of the shareholders got more dividend from the company. Another people that argued about corporate governance mechanisms were Sanjev Bhojraj and Partha Sengupta they found out corporate governance mechanism can reduce a conflicts of interest between the directors. And al so a company should monitoring inside the company so the goodness performance of the company can be maintain. From this type of question, from the statement above I would like to test whether companies that have a good corporate governance will have a lot of investors in it and also is it will attract more investors to the company. Using the survey question, it will guide to the answer of this question which are : How effective is the corporate governance report being used in your company? In your opinion, does good corporate governance will attract more investor? H0: à ? = 0 (There is no correlation between corporate governance and number of investors) H1: à ? à ¢Ã¢â‚¬ °Ã‚   0 (There is a correlation between corporate governance and number of investors) Sample correlation coefficient, commonly denoted  r, is calculated as following: Where X and Y are the sample means. T-test for correlation formula: 3.2.2 Research Question 2 Does most company in Indonesia have reported their corporate governance activity data transparently and disclosed it to the public on time ? Hypothesis: H1: All of the companies in Indonesia have disclosed their corporate governance activity transparently and on time H0: Not all of the companies in Indonesia have not disclose their corporate governance activity transparently and on time Werner R. Murhadi (2009) explored some information period 2005-2007 in Indonesia Stock Exchange specializes in manufacture companies to test the performance of the corporate governance in Indonesia. One of the result from his research was, he found out a lot of companies in Indonesia still not develop transparency in reporting data of the company. A lot of companies want to avoid tax by creating an incorrect data, which is making the revenue of the company looks smaller. Another researcher were Zheng Fan , Liyan Wang , Jidong Zhang (2008) they are argued that the company disclosure da ta and corporate governance of the company will not effects the earning quality of the company I would like to test whether most of the companies in Indonesia have disclosed their coporate governance data transparently. Because a good corporate governance will show a transparency data, all the performance of the companies which is bad or good must be inform to the public. One à ¢Ã¢â€š ¬Ã¢â‚¬Å"Way Anova (Parametric Test) From using this type of test , data that used to this test will be from question number 7, question number 8, question number 9 and question number 10 , the question from the survey have been desing will be in a way that respondents are asked to rate . This test is used to test the equality of 3 or more means by using the variances. H0:  µ1=  µ2=  µ3=  µ4 ( Most companies in Indonesia have disclosed their corporate governance activity transparently and on time) H1:  µ1à ¢Ã¢â‚¬ °Ã‚    µ2à ¢Ã¢â‚¬ °Ã‚    µ3à ¢Ã¢â‚¬ °Ã‚    µ4 ( Not all of the companies in Indonesia have not disclose their corporate governance activity transparently and on time) The formulas for the various sums of squares are as follows: SSE = SST à ¢Ã¢â€š ¬Ã¢â‚¬Å" SSA X = sample value ith item in the jth sample n = total sample size Xj = sample value of jth sample nj = size of the jth sample We will get the respective variances i f we divide the sum of squares of SSA and SSE which are as follows: F-test formula: P-value: Degrees of freedom = k-1 Degrees of freedom = n-k These two values will be used to find the critical values for the F statistic and helps us to know whether the p-value is less than or more than the significance level. Conclusion: A null hypothesis will be rejected when the significant value from the test is lower than 5 percent 3.2.3 Limitations In this project there are some limitations in it. This project only representing a small objectives of coporate governance practices in Indonesia. Moreover, the data collected from this study are limited which is only from the Indonesia Institute of Corporate directorship and 100 questioners that had been given the working people in Indonesia. Chapter 4 Findings and Analysis 4.1 Data Statistic of Questioner Section 1 4.1.1 Statistics Questioner that was Given To the Respondent N Valid 100 Missing Total Respond 7 93 From the table 4.1.1, It shows that there are 100 valid questioner that have been produced but the respond that can be used only 93 because the other 7 questioner are missing or cannot be use. 4.1.2 Number of respondent that know corporate governance Frequency Percent Valid Percent Cumulative Percent Valid Yes 71 76.3 76.3 76.3 No 22 23.7 23.7 100.0 Total 93 100.0 100.0 4.1.3 Respondent Knowledge Of Corporate Governance Frequency Percent Valid Percent Cumulative Percent Valid Very Bad 5 7.0 7.0 7.0 Bad 17 23.9 23.9 31.0 Neutral 19 26.8 26.8 57.7 Good 19 26.8 26.8 84.5 Very Good 11 15.5 15.5 100.0 Total 71 100.0 100.0 4.1.4 Respondent Status In Company Frequency Percent Valid Percent Cumulative Percent Valid Director 19 26.8 26.8 26.8 Manager 11 15.5 15.5 42.3 Supervisor 13 18.3 18.3 60.6 Non-Supervisor 28 39.4 39.4 100.0 Total 71 100.0 100.0 4.1.5 Relationship Of Directors and Shareholders in Respondent Company Frequency Percent Valid Percent Cumulative Percent Valid Very Bad 7 9.9 9.9 9.9 Bad 18 25.4 25.4 35.2 Neutral 13 18.3 18.3 53.5 Good 26 36.6 36.6 90.1 Very Good 7 9.9 9.9 100.0 Total 71 100.0 100.0 4.2 Data Statistic of Questioner Section 2 Using pearson 4.2.1 Correlations between corporate governance and Shareholders Performance CG effectiveness Shareholders Performance CGeffectiveness Pearson Correlation 1 .219 Sig. (2-tailed) .066 N 71 71 ShareholdersPerformance Pearson Correlation .219 1 Sig. (2-tailed) .066 N 71 71 4.2.2 Correlations between Corporate governance and Commisioners Performance CG effectiveness Commisioners Performance CGeffectiveness Pearson Correlation 1 -.019 Sig. (2-tailed) .875 N 71 71 CommisionersPerformance Pearson Correlation -.019 1 Sig. (2-tailed) .875 N 71 71 4.2.3 Correlations between Corporate governance and Directors Performance CGeffectiveness DirectorsPerformance CGeffectiveness Pearson Correlation 1 .396** Sig. (2-tailed) .001 N 71 71 DirectorsPerformance Pearson Correlation .396** 1 Sig. (2-tailed) .001 N 71 71 **. Correlation is significant at the 0.01 level (2-tailed). IICD ( Indonesia Institute of Corporate Directorship) have made a report about the corporate governance status in Indonesia. Since the corporate governance report 2009 have not been come out yet, I am using the data from the year 2008 which is issued in 2009 by the IICD institute. Corporate Governance Performance by SOEs, Bank, and Overall Category Mean Score of Corporate Governance Performance (%) 2008 Study Previous Study SOEs 76.80 74.63 Banking 75.55 71.11 Overall 61.26 67.29 The table above shows the performance of corporate governance in Indonesia Listed company. The data show in two different categories which are State Own ed Enterprises sector and Banking sector. There were difference in Corporate governance performance between the SOEs variable and Banking variable. The SOEs performance was 75.20 %, while Banking was only 56.50 %. However, there are some improvement of corporate covernance practices in both of the group. There were around four percent of increasement for those top quartile and bottom quartile respectively. It is still challenging tasks facing Indonesian corporations, regulatory bodies, and other governance-related institutions how to enhance the commitment of these bottom quartile companies to good corporate governance practices as well as those companies with corporate governace performance between the top and the bottom quartile. This does not mean that attention to those top quartile firms is not necessary. In the meantime, empirical evidence shows that corporate governance is significantly correlated to companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s economic performance, although the correlation is weak. OECD Principles Mean Score (%) 2008 Study Previous Study Rights of Shareholders 50.37 51.23 Equitable Treatment of Shareholders 86.35 83.02 Role of Stakeholders 63.64 58.76 Disclosure and Transparency 70.81 66.64 Responsibilities of the Board 59.02 52.36 Overall Mean Score 64.96 61.26 Using the instrument from OECD ( Organization for Economic Co-Operation and Development) the IICD institute has conducted a survey which was given to the 314 public listed company in Indonesia. Inside the survey they are consisting 5 principles of OECD which are : Rights of Shareholders , Equitable Treatment of Shareholders , Role of Stakeholders , Disclosure and Transparency , and Responsibilities of the board. From the survey the IICD institute analyze the status of corporate governance in Indonesia in the year 2008. The results of research shows there are deflation in rights of shareholders in the year 2008 which is 50.37 % and from the previous study it shows that 51.23 %. But others factors for corporate governance in Indonesia had been increase in 2008, such as equitable treatment of shareholders in the year 2008 was 86.35% which is shows an advancement comparing to the previous study only 83.02 %. The role of stakeholders percentage also rise up in the year 2008 which is 63.64 % comparing to the previous study which in only 58.76%. Other factors that have been changing which is disclosure and transparency of the company, in the year 2008 it reach 70.81 % and the previous study only reach 52.36 %. The last factors that upsurged was responsibilities of the board, in the year 2008 in achieve 59.02 % and the previous study only 52.36 %. The overall mean score of the year 2008 was 64.96 % and the previous study was 61.26 %. The data shows that by using the OECD principles , the situation of corporate governance in Indonesia is getting better. Chapter 5 Conclusion and Recommendation Appendix 1 SURVEY English Language Dear Respondent, I am one of the students from the University of Bradford doing a final year project titled à ¢Ã¢â€š ¬Ã…“Corporate Governance Status in Indonesiaà ¢Ã¢â€š ¬?. From this questioner I hope I can gather some lesson about the situation of corporate governance in Indonesia. All the information from this survey will be only used for academic research only. And all the feedback from yours will be kept safely. I appreciated your time for filling this survey. Thank you. Regards, Kenan Simanjuntak Email : [email  protected]/* */ Please tick (à ¢Ã‹â€ Ã… ¡) for the answer that you choose [SECTION 1] 1. Do you know what is corporate governance? Yes (continue) No (stop here) 2. How well do you know corporate governance? Very bad Bad Neutral Good Very good 3. What is your status in your company? Director Manager Supervisor Non-Supervisor 4. How is the relationship between the director and the shareholder in your company? Very bad Bad Neutral Good Very Good [SECTION 2] 5. How effective is your corporate governance report being used in your company to attract more investors? Not effective at all Not effective Neutral Effective Very effective Does corporate governance is effecting the performance to the leaders of the company? Very Low Low Neutral High Very High Shareholders Commissioners Directors 6. Please give rate for the company corporate governance disclosure reporting in your company No. Question Very Poor Poor Fair Good Very Good 7. Disclosing company financial data (also corporate governance data) right on time 8. Providing report about breakdown of shareholdings 9. Providing report about the attendance of directors and shareholders in AGM 10. Providing a report status of remuneration of each directors Appendix 2 Survey Indonesian Language Kepada responden yang terhormat, Nama saya adalah Kenan Simanjuntak dimana saya adalah salah satu siswa dari University Of Bradford. Disini saya melakukan tugas akhir saya yang berjudul à ¢Ã¢â€š ¬Ã…“ Status Corporate Governance di Indonesiaà ¢Ã¢â€š ¬?. Di sini saya melakukan sebuah survei mengenai tata kelola perusahaan di Indonesia. Semua informasi dari survei ini akan hanya digunakan untuk penelitian akademis saja dan semua masukan dari anda akan disimpah dengan aman oleh saya. Terima Kasih atas waktu anda untuk mengisi survei ini. Adapun saran dan kritik 20ias dikirimkan ke email di bawah ini. Email : kenan_ [email  protected]/* */ Salam, Kenan Simanjuntak Mohon beri tanda (à ¢Ã‹â€ Ã… ¡) untuk jawaban yang Anda pilih [ BAGIAN ke 1] Apakah anda tahu apa itu corporate governance? Ya ( Lannjut) Tidak( Berhenti disini) Seberapa paham anda akan corporate governance? Sedikit sekali Sedikit Cukup Mengerti Sangat mengerti Apa statu s anda di dalam perusahaan tempat anda bekerja? Direktur Manager Supervisor Bukan Supervisor Bagaimana hubungan antara direktur dengan investur di perusahaan anda? Sangat Tidak baik Tidak baik Cukup baik Baik Baik sekali [Bagian ke 2] Se efektif apakah laporan corporate governance di dalam perusahaan anda? Sangat tidak efektif Tidak efektif Cukup efektif Efektif Sangat efektif 6. Apakah laporan corporate governance mempengaruhi kinerja para pengurus perusahaan? Sangat sedikit pengaruh Sedikit berpengaruh Cukup berpengaruh Berpengaruh Sangat berpengaruh Investor Komisaris Direktur Tolong berikan nilai tentang laporan corporate governance report di perusahaan anda No. Pertanyaan Sangat tidak bagus Tidak bagus Cukup Bagus Sangat bagus 7. Pengeluaran laporan corporate governance di perusahaan anda apakah tepat waktu? 8. Apakah ada data mengenai penurunan harga saham? 9 . Apakah ada laporan mengenai kehadiran direktur dan investor di AGM? 10. Apakah dalam laporan corporate governance di perusahaan anda, dicantumkan mengenai laporan gaji para direktur secara detail?