Research Article
Legal Analysis on the Implementation of Good Corporate Governance in State Owned Enterprises
@INPROCEEDINGS{10.4108/eai.30-10-2021.2315859, author={Edson Yudisthira and Megawati Barthos}, title={Legal Analysis on the Implementation of Good Corporate Governance in State Owned Enterprises}, proceedings={Proceedings of the First Multidiscipline International Conference, MIC 2021, October 30 2021, Jakarta, Indonesia}, publisher={EAI}, proceedings_a={MIC}, year={2022}, month={1}, keywords={state owned enterprises (bumn); corporate governance; good corporate governance (gcg); enterprise management principles; transparency}, doi={10.4108/eai.30-10-2021.2315859} }- Edson Yudisthira
Megawati Barthos
Year: 2022
Legal Analysis on the Implementation of Good Corporate Governance in State Owned Enterprises
MIC
EAI
DOI: 10.4108/eai.30-10-2021.2315859
Abstract
State owned enterprises (SOE) are some of the economic agents in the national economic system where the entire or most of their capital originated from the designated nation wealth and play some roles in providing goods and/or services needed to provide nation-wide prosperity. State owned enterprises has taken more roles to pioneer business sectors that private enterprises have not been interested in, balancing the power of large private enterprises. Studying the principles, definition and application of GCG the Constitutional Law of the Limited Enterprises, including the management of central and subsidiary enterprises can become an attempt to create a measured work climate, effective and efficient in order to ensure that the management can function well and avoid the risk of authority abuse, transparency and bribery. There for to implement the principles of GCG, the main requirement is that the law must be applies firmly, optimal punishments must be given to all who tries to play with the rules of the law.
