El-Arbah: Jurnal Ekonomi, Bisnis Dan Perbankan Syariah
Vol 6 No 1 (2022): AL ARBAH JURNAL EKONOMI, BISNIS DAN PERBANKAN SYARIAH

POLICY DIRECTIONS FOR OPTIMIZING REGIONAL OWNED BUSINESS ENTITIES MANAGEMENT FOR INCREASING REGIONAL INCOME BASED ON GOOD CORPORATE GOVERNANCE

Bambang Heryanto (Universitas Islam As-Syafiiyah)
Efridani l Lubis (Unknown)
Muhajir MM (Universitas Islam As-Syafiiyah)
slamet riyanto (Universitas Islam As-Syafiiyah)
fauziah fh (Universitas Islam As-Syafiiyah)



Article Info

Publish Date
30 Apr 2022

Abstract

Badan Usaha Milik Daerah (Local Government Enterprise/LGE) is appointed to increase locally generated revenue (PAD) refer to Government Regulation No. 54/2017. However, some of those enterprises did not contribute significantly, for example LGE in Kota Bekasi. The root cause of the failure according to Financial Supervisory Agency (BPK) at least due to six factors: (1) governance system, (2) LGE Development Planning has not been well elaborated so that clear to everyone; (3) No clear vision and mission of LGE; (4) no transperancy in staffing recruitment especially for directors and commissioners; (5) low respond for business permit; and (6) lack of capital. Using qualitative method, the study focus on what the key policy for optimalize LGE management to meet statutory order. Using study document supporting with interview, observation, and documentation, the result of the study shows that the key policy is in four aspect, i.e.: (1) good corporate governance arrangement; (2) clear staff recruitment arrangement; (3) clear evaluation procedur; and (4) profit use arrangement. The recommendation based on the study is further study in different local government could be drawing the picture of the problem comprehensively.

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Journal Info

Abbrev

alarbah

Publisher

Subject

Humanities Industrial & Manufacturing Engineering Social Sciences Other

Description

FOCUS. Jurnal El Arbah is focused on publishing the original research articles, review articles from contributors, and the current issues related to Economic and Bussines. The main objective of Jurnal El Arbah is to provide a platform for the international scholars, academicians, and researchers to ...