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Journal : Awang Long Law Review

THE ROLE OF SOE IN IMPROVING POPULACE WELFARE Gunawan Nachrawi
Awang Long Law Review Vol. 1 No. 1 (2018): Awang Long Law Review
Publisher : Sekolah Tinggi Ilmu Hukum Awang Long

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (440.366 KB) | DOI: 10.56301/awl.v1i1.17

Abstract

This study aims to determine and understand the formulation of strategies for the management of state-owned enterprises in accordance with the law in order to enhance the role of SOEs as a supporter of economic development of Indonesia's economy for the welfare of society. Know and understand the contribution of SOEs in the framework of Indonesian economic development for the welfare of society. Knowing and understanding the legal politics of SOE management oriented to improve people's welfare. And know and understand the legal politics in the management of SOEs as a driver of economic development of Indonesia in the welfare state and social welfare. This research is included in the form of paradigm of normative juridical research that is research that emphasizes on the use of legal norms in writing. The result of this research is the contribution of SOEs in Economic Political Development in Indonesia by improving the management, especially the efficiency of the operation, will be able to face the market competition. Improvement measures include business restructuring, reducing the number of employees, implementing management control systems, and other strategic policies. BUMNs that do not perform management improvements will usually face various difficulties, especially in the financial sector.
REFORMULATION OF BUMN REGULATIONS: REINVENTION STRATEGY FOR BUMN EMPOWERMENT FOR PEOPLE WELL-BEING Gunawan Nachrawi
Awang Long Law Review Vol. 3 No. 2 (2021): Awang Long Law Review
Publisher : Sekolah Tinggi Ilmu Hukum Awang Long

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (261.121 KB) | DOI: 10.56301/awl.v3i2.129

Abstract

State-Owned Enterprises (BUMN), which is one of the concrete manifestations of Article 33 of the 1945 Constitution, has a strategic position for improving the welfare of the people. However, the extent to which BUMN is able to become a state tool to improve the welfare of the people and the nation depends on the level of efficiency and performance of the BUMN itself. Efforts to reformulate BUMN arrangements are needed so that the objectives of BUMN reinventing in the form of restructuring, provocation and privatization can run well so that efficiency efforts of BUMN that are globally competitive can be carried out properly. Currently there are 107 SOEs, previously in 2010 there were 142 SOEs. The problem is, what is the reinvention strategy for empowering BUMN for the welfare of the people? Analysis and reformulation of Law Number 19 of 2003 concerning State-Owned Enterprises, especially the regulation regarding the efficiency and effectiveness of BUMN as a fundamental and sustainable public company. Efforts to streamline the number of BUMNs from 107 to 40 companies with 12 holding companies throughout Indonesia should be regulated in advance in law. Matters that need to be regulated include orientation, vision and mission, strategy, merger, consolidation, acquisition, dissolution, and matters relating to reinvention including making BUMN go public and world class.