Implementation of Good Corporate Governance by the Bureau of Economic Affairs in its Supervisory Role Over Regional-Owned Enterprises (BUMD) in East Java
DOI:
https://doi.org/10.25139/lex.v9i2.10538Keywords:
Implementation, Good Corporate Governance, SupervisionAbstract
This study aims to describe and analyze the scope of supervisory duties carried out by the Bureau of Economic Affairs over Regional-Owned Enterprises (BUMD) in East Java, as well as the principles of Good Corporate Governance applied by the Bureau in its supervisory role. The research adopts an empirical juridical approach, which examines applicable laws and regulations about real-world conditions in the field. The results indicate that the scope of supervisory duties by the Bureau of Economic Affairs for Regional-Owned Enterprises in East Java includes organizational, management, and financial development; governance supervision; asset utilization oversight; and business development guidance. The principles of Good Corporate Governance applied by the Bureau in its supervisory duties include: 1. Transparency, 2. Accountability, 3. Responsibility, 4. Independence, and 5. Fairness.
References
BOOK
Amiruddin & H Zainal Asikin, Pengantar Metode Penelitian Hukum (Jakarta: PT. Raja Grafindo Persada, 2006).
Badan Pusat Statistik, Statistik Keuangan Badan Usaha Milik Negara dan Badan Usaha Milik Daerah 2021.
Daniri, A. Lead by Good Corporate Governance (Jakarta: Gagas Bisnis Indonesia, 2014).
Effendi, M A, The power of good corporate governance: teori dan implementasi (Jakarta: Salemba Empat, 2016).
Hanggraeni, D, Manajemen Risiko Perusahaan (Enterprise Risk Management) dan Good Corporate Governance (Jakarta: UI Press, 2015).
Muryanto, Yudho Taruno, Tata Kelola BUMD Konsep, Kebijakan dan Penerapan (Malang: Intrans Publishing, 2017).
Peter Mahmud Marzuki, Penelitian Hukum, 13th ed (Jakarta: Kencana, 2017).
Sedarmayanti, Good governance (kepemerintahan yang baik) dan Good Corporate Governance (tata kelola perusahaan yang baik), 3d ed (Bandung: Mandar Maju, 2007).
Sutojo, S & J Al Drige, Good Corporate Governance: Tata Kelola Perusahaan yang sehat (Jakarta: PT. Damar Mulia Rahayu, 2005).
JOURNAL
Jannah, S R & SB Hermanto, “Pengaruh Prinsip-Prinsip Good Corporate Governance Terhadap Kinerja Puskesmas Di Surabaya” (2020) 9:10 J Ilmu dan Ris Akunt 1–24.
Maradita, Aldira, “Karakteristik good corporate governance Pada bank syariah dan bank konvensional” (2014) 29:2 Yuridika.
Nuryan, I, “Strategy Development and Implementation of Good Corporate Governance (GCG) On BUMN and BUMD in Indonesia” (2016) Adbispreneur.
Qamariah, Nur, “The Juridical Analysis in Positive Law in Indonesia Against the Practice of Using ShopeePay Later” (2025) 1:1 J Verum Legis Indones 22–27, online: <https://journal.abhinaya.co.id/index.php/jvli/article/view/19>.
Rustini, Ni Komang Ayu et al, “The Implementation of Good Corporate Governance in BUMD Institutions” (2022) 5:2 J Econ Financ Manag Stud 431–436.
Suwandi, Dedy, Agus Saiful Abib & Tumanda Tamba, “Pemisahan Kewenangan Kepala Daerah dalam Menjalankan Pemerintahan dengan Pemegang Saham BUMD” (2024) 4:4 J Ilmu Hukum, Hum Dan Polit 605.
Yurianto, “Study of Proposed Activities in Development of Bumd for Regional Development” (2021) 3:2 J Inov Apartaur 340.
WEBSITE
Koran Tempo, “Dirjen Bina Keuangan Daerah Berikan 10 Arahan Tingkatkan Kinerja BUMD”, (2023).
