Implementation of Good corporate Governance Principle in the Management and Accountability of Village-Owned Enterprises

Dewi Ambarwati; Fadillah Dwi lailawati; Dafis Ubaidillah Assiddiq

doi:10.26905/idjch.v14i3.12368

Implementation of Good corporate Governance Principle in the Management and Accountability of Village-Owned Enterprises

Dewi Ambarwati, Fadillah Dwi lailawati, Dafis Ubaidillah Assiddiq

Abstract

The Legal basis of BUM Desa as a legal entity has been stipulated in the laws and regulations in Indonesia, but in its implementation there are still problems that require professional management and accountability and apply the principles of good corporate governance so that BUM Desa can play a role in accordance with the mandate of the Village Law. This study aims to determine how BUM Desa Armada manages and is accountable for the management of BUM Desa in accordance with the general principles of good corporate governance and is analyzed legally. The results of the study indicate that BUM Desa Armada still requires strategic and inclusive arrangements regarding strengthening human resources, management of BUM Desa, selection of types, and business units to accountability in the field of business results. The suggestion that the researcher wants to give to BUM Desa ARMADA is to strengthen the synergy between BUM Desa implementing organizations and form an internal risk management committee so that it can minimize the potential for business losses.

How to cite item: Madjid, Abdul. Ambarwati, Dewi, Fadilla Dwi Lailawati, and Dafis Ubaidillah Assidiq. “Implementation of Good corporate Governance Principle in the Management and Accountability of Village-Owned Enterprises.” Jurnal Cakrawala Hukum 14 no. 3 (2023): 235-253. DOI: 10.26905/idjch.v14i3.12368.

Keywords

Village; BUM Desa; Indonesia; Business Law; Regulation.

Full Text:

PDF

References

Abdulkadir, M., Hukum Perusahaan Indonesia, Bandung: Citra Aditya Bakti. 1999.

Asshiddiqie, J., Perkembangan Dan Konsolidasi Lembaga Negara Pasca Reformasi, Jakarta Konstitusi Press. 2006.

Ayuningtyas, Diah Woro. “PENERAPAN GOOD GOVERNANCE DALAM MENINGKATKAN PELAYANAN PUBLIK KEIMIGRASIAN.” Journal of Administration and International Development 1, no. 1 (April 6, 2020): 1–13. https://doi.org/10.52617/jaid.v1i1.223.

Bamberg, G., and Spremann, K,. Agency Theory, Information, and Incentives. Springer Science & Business Media, 2012.

Coy D, Fischer M, Gordon T. 2001. Public accountability: A new paradigm for college and university annual reports. Critical Perspectives on Accounting 12(1): 1–31. https://doi.org/10.1006/cpac.2000.0416.

Delbufalo, Emanuela. “Agency Theory and Sustainability in Global Supply Chain.” In SpringerBriefs in Business, 33–54, 2018. https://doi.org/10.1007/978-3-319-72793-6_3.

Desak Made Mya Yudia Sari, Ida Ayu Nirma Prameswari, Implementation Of Accountability And Responsibility In Governance Structure On Village Owned Enterprises, Business Review and Case Studies, Vol. 4 No. 3, December 2023 Permalink/DOI: http://dx.doi.org/10.17358/brcs.4.3.251 Available online at http://journal.ipb.ac.id/index.php/brcs.

Detania Sukarja, Mahmul Siregar, Tri Murti Lubis, The Regulatory Framework of Village-Owned Enterprise in Indonesia: Does It Conform with Good Corporate Governance Principles?, Proceedings of the International Conference on Law, Governance and Islamic Society (ICOLGIS 2019) : Atlantis Press, DOI:10.2991/assehr.k.200306.184.

Donaldson L, Davis JH. 1991. Stewardship theory or agency theory: ceo governance and shareholder returns. Australian Journal of Management 16(1): 49-64. https://doi.org/10.1177/031289629101600103.

Haliah. 2015. Quality of report, is there a management, and information technology role?empirical evidence from West Sulawesi Province, Indonesia. International Journal of Economic Research 12(1): 177–193.

Imaniyati, N. S., Hukum Bisnis: telaah tentang pelaku dan kegiatan ekonomi, Yogyakarta: Graha Ilmu. 2009.

Mason CM, Kirkbride J, Bryde D. 2007. From stakeholders to institutions: The changing face of social enterprise governance theory. Management Decision 45(2): 284–301. https://doi.org/10.1108/0025174071072729.

Nawawi, H., Metode Penelitian Bidang Sosial, Yogyakarta: UGM Press. 1990.

Ngongoloy, Feylardi, Treesje Runtu, and Victorina Z. Tirayoh. “EVALUASI PENGELOLAAN DAN PERTANGGUNGJAWABAN DANA BADAN USAHA MILIK DESA (BUMDES) MUKARIKARINGAN PADA DESA PANGU 2 KECAMATAN RATAHAN TIMUR KABUPATEN MINAHASA TENGGARA,” Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi (EMBA) April 14, 2023. https://ejournal.unsrat.ac.id/v3/index.php/emba/article/view/47671.

Post, James E., Anne T. Lawrence, and James Weber. Business and Society: Corporate Strategy, Public Policy, Ethics. McGraw-Hill Companies, 2002.

Prabowo, M., S., Dasar-Dasar Good Corporate Governance, Yogyakarta: UII Press. 2018.

SariD. M. M. Y., & PrameswariI. A. N. (2023). Implementation of Accountability and Responsibility in Governance Structure on Village Owned Enterprises. Business Review and Case Studies 4(3), 251. https://doi.org/10.17358/brcs.4.3.251.

SDGs Desa, Sistem Informasi Desa. (n.d.). Retrieved July 7, 2023, from https://sid.kemendesa.go.id/sdgs.

Siti Amerieska, Atik Andhayani, Novi Nugrahani, Accountability in Village Owned Enterprises (BUMDes) Based on Sustainable Livelihood Assets, JICP: Vol 4, No 1 (2021), DOI: https://doi.org/10.32535/jicp.v4i1.1160.

Soekanto, S., Pengantar Penelitian Hukum, Depok: Universitas Indonesia Press. 2006.

Sugiyono. Metode Penelitian Pendidikan: (pendekatan kuantitatif, kualitatif dan R & D), Bandung: Alfabeta, 2008.

Thahir AG, Hubeis M, Sukmawati A. 2023. Faktor-faktor yang memengaruhi organisasi dalam mengadopsi teknologi blockchain di BPJS Ketenagakerjaan. Jurnal Aplikasi Bisnis dan Manajemen 9(2): 536–548. https://doi.org/10.17358/jabm.

Tutik, T. T., Hukum Perdata Dalam Sistem Hukum Nasional, Jakarta: Kencana. 2015.

World Bank Group. “Corporate Governance.” World Bank, August 8, 2017. https://www.worldbank.org/en/topic/financialsector/brief/corporate-governance.

Younus, Ahmed Muayad, and Valliappan Raju. “RESILIENT FEATURES OF ORGANIZATIONAL CULTURE IN IMPLEMENTATION OF SMART CONTRACT TECHNOLOGY BLOCKCHAIN IN IRAQI GAS AND OIL COMPANIES.” International Journal for Quality Research 15, no. 2 (May 19, 2021): 435–50. https://doi.org/10.24874/ijqr15.02-05.

DOI: https://doi.org/10.26905/idjch.v14i3.12368