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Pelatihan Tata Kelola Barang Milik Daerah Kabupaten Toraja Utara untuk Mendukung Akuntabilitas Agus Bandang; Andi Kusumawati; Darmawati Darmawati
Prima Abdika: Jurnal Pengabdian Masyarakat Vol. 6 No. 2 (2026): Volume 6 Nomor 2 Tahun 2026 (Juni 2026)
Publisher : Program Studi Pendidikan Guru Sekolah Dasar Universitas Flores Ende

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37478/abdika.v6i2.8197

Abstract

Effective management of Regional Property (Barang Milik Daerah/BMD) is a critical component in achieving financial accountability and Good Governance in local governments. However, audit findings by the Supreme Audit Agency (BPK) consistently reveal weaknesses in BMD recording, inventory, and reporting due to limited officer capacity and delayed implementation of updated regulations. This community service activity aimed to improve the capabilities of BMD managers in Toraja Utara Regency through structured training and applied mentoring. The activity employed a participatory approach, comprising needs assessment, module development, intensive training, and pre-post evaluation. Implemented on November 21, 2025, the training involved 25 BMD managers from various SKPDs. Results showed a significant increase in participants’ understanding of Permendagri No. 47/2021, SAP compliance, KIB preparation, and systematic reporting. A comprehensive training module was successfully distributed as a long-term reference. The activity successfully strengthened the technical capacity of local apparatus, supporting more transparent, accountable, and audit-ready BMD management.
Analysis of Investor Reactions to the Launch of Super Holding Danantara: Event Study on Shares of Danantara Member State-Owned Enterprises Nuriya Fadila; Kusniawati Kusniawati; Sriwahyuni Sarah; Abdul Hamid Habbe; Agus Bandang
Dinasti International Journal of Digital Business Management Vol. 7 No. 1 (2025): Dinasti International Journal of Digital Business Management (December 2025 - J
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijdbm.v7i1.6054

Abstract

This study analyzes the capital market reaction to the announcement of the formation of the Danantara Investment Management Agency (BPI) on February 24, 2025. Using an event study method with an 11-day observation window (t-5 to t+5) on the shares of 11 Danantara-member state-owned enterprises (SOEs), the study found a negative market response. This was evidenced by a consistent decline in Cumulative Average Abnormal Return (CAAR) to -5.63%, indicating short-term wealth destruction. Although a paired sample t-test showed no significant difference between abnormal returns before and after the event, the persistent downward price trend indicates pre-announcement information leakage and high investor skepticism regarding the governance risks of the new SOE structure