Proceedings of the International Conference on Cultural Policy and Sustainable Development (ICPSD 2024)

Application of State Financial Law in the Management of State-Owned Enterprises Persero in Indonesia

Authors
Kin Isura Ginting1, *, I Gusti Ayu Ketut Rachmi Handayani2, Ria Mardiana Yusuf3
1Faculty of Law, Universitas Sebelas Maret, Ir. Sutami Street, No. 36 Kentingan, Jebres, Surakarta, Jawa Tengah, Indonesia, 57126
2Faculty of Law, Universitas Sebelas Maret, Ir. Sutami Street, No. 36 Kentingan, Jebres, Surakarta, Jawa Tengah, Indonesia
3Fakultas of Economic, Universitas Hasanuddin, Pintu Dua Street Unhas No.KM.10, Tamalanrea Indah, Kec. Tamalanrea, Kota Makassar, Sulawesi Selatan, 90245, Indonesia
*Corresponding author. Email: kinisuraginting@student.uns.ac.id
Corresponding Author
Kin Isura Ginting
Available Online 24 December 2024.
DOI
10.2991/978-2-38476-315-3_23How to use a DOI?
Keywords
State Financial Law; BUMN; Persero
Abstract

Management of State-Owned Enterprises (BUMN) Persero in Indonesia is an important issue in the context of state financial law. In order to ensure efficiency, transparency and accountability in BUMN management, a deep understanding of the legal aspects governing state finances in this context is required. This research aims to analyze the application of state financial law in the management of BUMN Persero in Indonesia. This aims to provide a more comprehensive understanding of the legal framework that regulates the financial management practices of BUMN Persero as well as to evaluate the level of compliance with existing regulations. This research uses a descriptive qualitative method approach with a normative juridical approach. Data collection was carried out mainly through document study techniques (library research), referring to various laws, regulations and related legal documents that regulate the management of state finances and state-owned companies in Indonesia. The research results show that the application of state financial law in the management of BUMN Persero in Indonesia faces various challenges and complexities. Even though the existing legal framework provides a clear basis, several discrepancies are still found between actual financial management practices and the provisions regulated in state financial law. Thus, this research contributes to the understanding of compliance and effectiveness in the application of state financial law in the management of BUMN Persero in Indonesia.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Cultural Policy and Sustainable Development (ICPSD 2024)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
24 December 2024
ISBN
978-2-38476-315-3
ISSN
2352-5398
DOI
10.2991/978-2-38476-315-3_23How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Kin Isura Ginting
AU  - I Gusti Ayu Ketut Rachmi Handayani
AU  - Ria Mardiana Yusuf
PY  - 2024
DA  - 2024/12/24
TI  - Application of State Financial Law in the Management of State-Owned Enterprises Persero in Indonesia
BT  - Proceedings of the International Conference on Cultural Policy and Sustainable Development (ICPSD 2024)
PB  - Atlantis Press
SP  - 159
EP  - 166
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-315-3_23
DO  - 10.2991/978-2-38476-315-3_23
ID  - Ginting2024
ER  -