BUMDES Financial Good Corporate Governance (Case Study at BUMDES in Tembarak District, Temanggung Regency)

Keywords

BUMDES; GCG; transparency; accountability; responsibility

Abstract

This Study examined The implementation Good Corporate Governance (GCG) of BUMDES. The main objective of GCG was do create a control and balance system (check and balances) do prevent misuse of company resources and still encourage the growth of the company.The implementation of GCG needed to be implemented in all types of Businesses, including Badan Usaha Milik Desa (BUMDES). There was several main components needed in Good Corporate Governance (GCG), namely transparency, accountability, responsibility, Independence and fairness. In the implementation of BUMDES there often problems, such as the lack of good governance in BUMDES. The object of this study was 13 BUMDES in Tembarak District in Temanggung Regency. The results showed that the implementation of financial functions at BUMDES in Tembarak District has not met the criteria of GCG (Good Corporate Governance) well. Transparency not yet fully open, accountability was unclear functions, responsibility has no suitability, unprofessional for independency, and also justice and equality have not been fulfilled properly for the fairness.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Dinalestari Purbawati
AU  - Agung Budiatmo
AU  - Sendhang Nurseto
AU  - Ilham Ainuddin
AU  - Robetmi Jumpakita Pinem
PY  - 2019/11
DA  - 2019/11
TI  - BUMDES Financial Good Corporate Governance (Case Study at BUMDES in Tembarak District, Temanggung Regency)
BT  - Proceedings of the 3rd International Conference on Indonesian Social & Political Enquiries (ICISPE 2018)
PB  - Atlantis Press
SP  - 119
EP  - 125
SN  - 2352-5398
UR  - https://www.atlantis-press.com/article/125922583
ID  - Purbawati2019/11
ER  -