Proceedings of the 1st International Conference on Applied Social Sciences, Business, and Humanity, ICo-ASCNITY, 2 November 2019, Padang, West Sumatra, Indonesia

Research Article

Investigating The Governance Practices of Village-Owned Enterprises in Indonesia

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  • @INPROCEEDINGS{10.4108/eai.1-11-2019.2294005,
        author={Irda  Rosita and Nurul  Fauzi and Iis  Ismawati},
        title={Investigating The Governance Practices of Village-Owned Enterprises in Indonesia},
        proceedings={Proceedings of the 1st International Conference on Applied Social Sciences, Business, and Humanity, ICo-ASCNITY, 2 November 2019, Padang, West Sumatra, Indonesia},
        publisher={EAI},
        proceedings_a={ICO-ASCNITY},
        year={2020},
        month={4},
        keywords={village-owned enterprises governance local wisdom},
        doi={10.4108/eai.1-11-2019.2294005}
    }
    
  • Irda Rosita
    Nurul Fauzi
    Iis Ismawati
    Year: 2020
    Investigating The Governance Practices of Village-Owned Enterprises in Indonesia
    ICO-ASCNITY
    EAI
    DOI: 10.4108/eai.1-11-2019.2294005
Irda Rosita1,*, Nurul Fauzi1, Iis Ismawati2
  • 1: Politeknik Negeri Padang
  • 2: Politeknik Pertanian Negeri Payakumbuh
*Contact email: Irda.rosita@yahoo.com

Abstract

This study aim to investigate the practice of implementing governance of village-owned enterprises in Indonesia. In recent years, village-owned enterprises in Indonesia have experienced significant growth in terms of numbers. However, this significant growth was not accompanied by growth in assets and profits managed by the village-owned enterprises. This study was an interpretive qualitative study conducted at the village-owned enterprise Sumber Sejahtera in Malang regency, East Java and village-owned enterprise Zigiran Mandiri in Lima Puluh Kota regency, West Sumatra. Retrieval of data through in-depth interviews, observations and documentations. This study found several factors that influence the success of village-owned enterprise governance in indonesia namely ; the village owned enterprise ability to discover the potential and local wisdom of the village ; village head leadership, and ; the youth involvement