The Implementation of Good Corporate Governance in BUMD Institutions

Journal Title: Journal of Economics, Finance and Management Studies - Year 2022, Vol 5, Issue 02

Abstract

This study talks about how many Regional-Own Enterprises (BUMD) there are in the Indonesian economy. In this study, we look at the institutional aspects of BUMD, how BUMD helps the local economy, and how Good Corporate Governance (GCC) is used to run BUMD. The method used is to look at research articles from a variety of sources to learn about them. Government Regulation No. 54 of 2017 on Regional Owned Enterprises already has rules and regulations in place to make BUMD a legal entity that is owned by a regional government. This is because BUMD doesn't do a good job of running things, which means that the results haven't been able to generate new revenue that's equal to a big chunk of regional income. BUMD must be able to be run in accordance with Good Corporate Governance in order to make sure that local businesses are run properly and to help the region.

Authors and Affiliations

Ni Komang Ayu Rustini,M. Rudi Irwansyah, Ni Putu Riska Wulandari, I Putu Arya Dharmayasa

Keywords

Related Articles

The Effectiveness of Digital Marketing in Fostering Consumer Buying Interest during the Covid-19 Pandemic (Case Study on Shopee E-Commerce Users at University of Merdeka Malang, Indonesia)

This study aims to determine the effectiveness of Shopee's digital marketing in growing people's buying interest. This research uses descriptive and quantitative methods, using a Likert scale as a measure. The sampling m...

Productivity Potential and Yield gap estimation of pulse crops in Ethiopian Agriculture

This study aims to provide a detailed analysis of the pulse crops yield gaps for extra grain in production in Ethiopia. The study covers the period 2006/07-2020/21. Central Statistical Agency of Ethiopia (CSA) Agricultur...

Telemarketing and Consumer Purchase Behavior of Food and Beverage Firm in Port Harcourt Metropolis

The growing trend in marketing technologies presents opportunity for maximum productivity and profitability through the adoption of mobile technologies, phone calls in particular to business organizations. Firms who see...

The role of the World Trade Organization in achieving the interests of developing countries “Egypt Case”

The principles of the World Trade Organization (WTO) included a set of exceptions to help developing countries to speed up the process of their economic development. Therefore, the research problem focused on the extent...

Relationship between Intellectual Capital, Firm Performance and Leverage with Firm Values: Empirical Evident from Indonesia

The aim of this study is to investigate the relationship between the Value Added Intellectual Capital (VAIC) components, Firm Performance and leverage on Firm Value. The validity of Firm Value measurements will be tested...

Download PDF file
  • EP ID EP706924
  • DOI 10.47191/jefms/v5-i2-22
  • Views 62
  • Downloads 0

How To Cite

Ni Komang Ayu Rustini, M. Rudi Irwansyah, Ni Putu Riska Wulandari, I Putu Arya Dharmayasa (2022). The Implementation of Good Corporate Governance in BUMD Institutions. Journal of Economics, Finance and Management Studies, 5(02), -. https://europub.co.uk/articles/-A-706924