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Are BUMN/State-Owned Enterprises (SOES) Hybrid Organizations? Indrawati, Yuli
Pandecta Research Law Journal Vol 15, No 1 (2020): June
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/pandecta.v15i1.24193

The organization is now well developed. The organization does not only consist of public and private organizations, but also mixed organizations (hybrid organizations). And itÃ¢â‚¬â„¢s influence to the organizations of State-Owned Enterprises (SOEs) as stated in the legal considerations of Constitutional Court (MK) Decision Nr. 48 and 62 / PUU-XI /2013 that exclaims that SOEs are private legal entities that carry out public duties. Referring to this matter, (a) elements of hybridity in SOEs, (b) benefits and risks in the form of hybrid SOE organizations, (c) the concept of hybridity in increasing the achievements of SOE objectives. By using an analytical approach and legislation results that based on the characteristics of BUMNs are categorized as hybrid organizations. As a hybrid organization has benefits and risks as a result of the influence of the public and private elements. The greatness of the benefits and risks of hybrid organizations is inversely proportional to the size comparison of public and private elements. The hybrid concept at Perum (Public Company) which aims for public benefit is a balanced public element with a private element. Whereas for Persero (State Company) that has commercial aims, the private element must be more dominant to create flexibility that drives the development of the Company. It is recommended that the concept of hybridity in SOEs must be adapted to the form of the company and the objectives of the company.

Interpreting Fiscal Risk for Lack of Bank Indonesiaâ€™s Capital Indrawati, Yuli
Jurnal Media Hukum Volume 28, Number 1, June 2021
Publisher : Fakultas Hukum Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jmh.v28i1.8712

The research is focused on determining the government's obligation to meet the shortage of capital of Bank Indonesia (BI), as the central bank, in the National State Budget (APBN). The research analyzes the basis of the government's obligation to meet BI's lack of capital and a mechanism for fulfilling the government's obligations to cover BI deficiencies in line with the objectives of the APBN. This study uses a normative legal research method with a statute, interdisciplinary, and analytical approach. The result shows that the government's obligation to suffice BI's capital is intended to maintain BI's sustainability so that BI can continue to carry out its responsibilities and obligations to maintain monetary stability. Monetary stability has implications for economic stability and increases in people's welfare. In addition, the fulfilment of government obligations is contingent, limited and final. This obligation will only be born if BI is no longer able to overcome the lack of capital. The cause of the lack of capital is beyond BI's control, as evidenced by the results of an examination by the Supreme Audit Agency and requires the approval of the House of Representatives.

IMPLIKASI REGULASI KEUANGAN NEGARA BAGI PENGELOLAAN KEUANGAN OTORITAS JASA KEUANGAN Yuli Indrawati
Jurnal Rechts Vinding: Media Pembinaan Hukum Nasional Vol 5, No 2 (2016): August 2016
Publisher : Badan Pembinaan Hukum Nasional

Otoritas Jasa Keuangan adalah lembaga independen yang merupakan bagian dari sistem penyelenggaraan urusan pemerintahan yang berada di luar organisasi pemerintah. Adapun sistem pengelolaan keuangan yang berlaku bagi seluruh organisasi pemerintahan adalah sistem pengelolaan keuangan negara. Dengan demikian, bagaimanakah implikasi dari pengaturan sistem pengelolaan keuangan negara terhadap pengelolaan keuangan pada Otoritas Jasa Keuangan sebagai lembaga yang independen? Untuk mengkaji hal tersebut digunakan metode penelitian hukum normatif. Berdasarkan kajian terhadap regulasi keuangan negara, pengelolaan keuangan Otoritas Jasa Keuangan sebagai lembaga pemerintahan harus mengikuti sistem pengelolaan keuangan negara; sedangkan berdasarkan Undang-Undang tentang Otoritas Jasa Keuangan, pengelolaan keuangan Otoritas Jasa Keuangan dikecualikan dari sistem pengelolaan keuangan negara. Berdasarkan paham subyek hukum, pengecualian terhadap sistem pengelolaan keuangan negara hanya dapat dilakukan terhadap subyek hukum tersendiri. Otoritas Jasa Keuangan bukan subyek hukum karena merupakan lembaga pemerintahan. Dengan demikian, apabila Otoritas Jasa Keuangan akan tetap mempertahankan sistem pengelolaan keuangannya perlu dilakukan perubahan terhadap status hukum kelembagaan menjadi badan hukum sebagai subyek hukum tersendiri.The Otoritas Jasa Keuangan (OJK) is an independent agency as a part of the implementation of government affairs. The financial management system of all government organization is the state’s financial management system. Thus, what the implication of the state’s financial regulation settings on the OJK’s financial management as an independent institution? Based on the state financial regulation, the OJK’s financial management as a government agency must follow the state’s financial management system. Based on the Law regarding the OJK, the OJK’s financial management are excluded from the state’s financial management system. Based on the concept of legal subject, exceptions to the state’s financial management system can only be carried out on a legal subject. The OJK as a government agency, is not a legal subject. The OJK can used its financial management system, as long as its legal status of institution had been changed to be a legal entity.

Principles of Justice for Compensation for Land Procurement in Tamansari 11 Bandung City Ali Said Hilabi; Mutiara Azura Mulyawan; Yuli Indrawati
YURISDIKSI : Jurnal Wacana Hukum dan Sains Vol. 18 No. 1 (2022): June
Publisher : Faculty of Law, Merdeka University Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55173/yurisdiksi.v18i1.118

Land acquisition is an activity carried out by the government in providing land by providing appropriate and fair compensation to parties who Affected In land acquisition for development in the public interest, there are principles that must be met, one of which is the Principle of Justice, which is based on the explanation of Article 2 letter b of Law No. 2/2012 that the "principle of justice" is to provide a guarantee of proper compensation to the Entitled Party. in the Land Acquisition process so that they get the opportunity to be able to carry out a better life. The government needs to apply the principle of the principle of justice in the context of compensation to the community whose land is needed for the public interest. However, unfortunately it turns out that the compensation provided by the Government to the residents of Tamansari 11 is deemed unfair, which means the Government should be able to provide compensation that is much more appropriate, taking into account that they have lived in the area for more than 20 years and that is where they can also get compensation. income from the livelihood they have, for example trading, then making the house as a boarding house and so on. The problems that occur in compensation for land procurement in Tamansari 11, Bandung City are based on DPKP3 Decree Number 538.2/1325a/DPKP3/2017 and the principle of justice for compensation for land acquisition in Tamansari 11, Bandung City. To answer this research, the analytical methods used are normative and qualitative. The results of this study that the principle of justice against compensation for land acquisition in Tamansari 11 Bandung City has not been achieved where this occurs because the Bandung city government does not carry out land acquisition procedures, namely deliberation to determine compensation as based on Law Number 2 of 2012.

Interpreting Fiscal Risk for Lack of Bank Indonesia’s Capital Yuli Indrawati
Jurnal Media Hukum Volume 28, Number 1, June 2021
Publisher : Fakultas Hukum Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jmh.v28i1.8712

The research is focused on determining the government's obligation to meet the shortage of capital of Bank Indonesia (BI), as the central bank, in the National State Budget (APBN). The research analyzes the basis of the government's obligation to meet BI's lack of capital and a mechanism for fulfilling the government's obligations to cover BI deficiencies in line with the objectives of the APBN. This study uses a normative legal research method with a statute, interdisciplinary, and analytical approach. The result shows that the government's obligation to suffice BI's capital is intended to maintain BI's sustainability so that BI can continue to carry out its responsibilities and obligations to maintain monetary stability. Monetary stability has implications for economic stability and increases in people's welfare. In addition, the fulfilment of government obligations is contingent, limited and final. This obligation will only be born if BI is no longer able to overcome the lack of capital. The cause of the lack of capital is beyond BI's control, as evidenced by the results of an examination by the Supreme Audit Agency and requires the approval of the House of Representatives.

Kajian Desentralisasi Terhadap Kebijakan Privatisasi Badan Usaha Milik Negara (BUMN) Ahmad Risyad Fadli; Yuli Indrawati
SALAM: Jurnal Sosial dan Budaya Syar-i Vol 10, No 4 (2023)
Publisher : Faculty of Sharia and Law UIN Syarif Hidayatullah Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/sjsbs.v10i4.34073

The 1945 Constitution mandates control over the country's economy to the government for the implementation of public welfare, but with the birth of the privatization policy, there was a delegation of authority from the government to the private sector over the country's economy, thereby reducing the role of the government. On the other side, the reduced role of the government does not eliminate its function as a state organizer and this must happen within the framework of decentralization. Meanwhile, the delegation of wealth becomes a discourse that can raise questions about privatization policies studied in the context of decentralization, especially privatization measures against BUMN. Privatization of BUMN is a policy that must be taken by the government so that the budgeting of the country's economy encourages an increase in sectoral business activities, and what needs to be underlined is that the delegation of authority in the privatization of BUMN does not eliminate the role of the government but the government is still given control in the form of supervision and regulation.Keywords: Privatization; Decentralization; The privatization of BUMN policy AbstrakUUD 1945 mengamanatakan penguasaan atas perekonomian negara kepada pemerintah demi terselenggaranya kesejahteraan masyarakat namun dengan lahirnya kebijakan privatisasi terjadi pelimpahan kewenangan dari pemerintah kepada swasta atas perekonomian negara sehingga mereduksi peran pemerintah. Disisi lain berkurangnya peran pemerintah tidak menghilangkan fungsinya sebagai penyelenggara negara dan hal yang demikian pasti terjadi dalam bingkai desentralisasi. Sementara itu, pelimpahan kewanangan tersebut menjadi diskursus yang dapat menimbulkan pertanyaan terhadap kebijakan privatisasi yang dikaji dalam konteks desentralisasi, terutama langkah privatisasi terhadap BUMN. Privatisasi BUMN menjadi kebijakan yang harus diambil oleh pemerintah agar penyelanggaran atas perekonomian negara untuk mendorong peningkatan dalam kegiatan usaha sektoral, dan yang perlu digarisbawahi pelimpahan kewenangan dalam privatisasi BUMN tidak serta menghilangkan peran pemerintah namun pemerintah masih diberikan penguasaan dalam bentuk pengawasan dan regulasi.Kata Kunci:Privatisasi; Desentralisasi; Kebijakan Privatisasi BUMN

The Concept of Additional State Capital to Cover the Lack of Capital in the Indonesian Investment Management Agency (LPI): Konsep Penambahan Modal Negara untuk Menutup Kekurangan Modal Lembaga Pengelola Investasi Indrawati, Yuli
Jurnal Konstitusi Vol. 20 No. 4 (2023)
Publisher : Constitutional Court of the Republic of Indonesia, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31078/jk2048

The Investment Management Agency (LPI) is a sui generis institution managing long-term investment in Indonesia. This investment carries high business risks. UU Cipta Kerja and PP LPI regulates that should a loss that reduces the initial capital by 50%, the Government “can” increase the capital of LPI. The research problems are the concept of increasing capital to cover LPI’s initial capital shortage and its supporting mechanism to achieve state goals. This research uses a normative juridical method with a multi-disciplinary approach. The results are that the Constitutional Court as “the Guardian of the Constitution” must emphasize the concept of additional capital to cover LPI’s capital shortage must be interpreted, that the State is “obligated” to cover capital shortage as long as the existence of LPI is deemed necessary to add significant value for revenue. The approval from DPR is required to increase LPI capital, in order to achieve state goals.

Analisis Penyebab Internal dan Eksternal dalam Fraudulent Financial Reporting: Studi Tinjauan Literatur Fahrani, Andini Resa; Lestari, Adelia Sri; Putri, Nursela Rahma; Pasha, Nova Ayunda; Indrawati, Yuli; Halimah, Siti Nur
Reviu Akuntansi, Manajemen, dan Bisnis Vol. 4 No. 2 (2024): Desember
Publisher : Penerbit Goodwood

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35912/rambis.v4i2.3682

Purpose: This research aims to analyze the internal and external causes that contribute to the occurrence of fraudulent financial reporting through a literature review, focusing on trends, developments, and under-explored areas.Methodology: This study analyzes 100 journals discussing the analysis of internal and external causes in fraudulent financial reporting from 2000 to 2024, sourced from reputable publishers. The research uses a systematic mapping study to identify, map, and categorize topics, methods, and source disciplines in fraudulent financial reporting research.Results: This study found that financial statement fraud is driven by a combination of internal factors (poor leadership, management dominance, lack of supervision, unrealistic targets, and excessive incentives) and external factors (financial pressures, rapid growth, and stock price pressure). The key finding is the interaction between these factors that triggers fraud.Conclusions: This study identifies internal and external factors, such as poor leadership, management dominance, and financial pressure, that trigger fraudulent financial reporting. It highlights the need for stronger governance and oversight to prevent FFR.Limitations: The study is based solely on a literature review of journals from 2000 to 2024, which may limit the scope of the research to the trends and findings presented in those publications.Contribution: The novelty of this study lies in highlighting the interaction between internal and external factors in fraudulent financial reporting and the need to strengthen regulatory oversight and corporate governance to prevent it.

INDEPENDENCE OF BANK INDONESIA POST LAW NO. 4 OF 2023 ON DEVELOPMENT AND STRENGTHENING OF THE FINANCIAL SECTOR Indrawati, Yuli
Journal of Central Banking Law and Institutions Vol. 4 No. 2 (2025)
Publisher : Bank Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21098/jcli.v4i2.280

Economic conditions following the COVID-19 pandemic have impacted the financial sector’s condition. Considering how vital the financial sector is for both the economy and people’s lives, the government has enacted the Law on Development and the Strengthening of the Financial Sector (Law on P2SK), which amended and/or repealed several regulations related to the financial sector, including changes affecting Bank Indonesia. The Law on P2SK stipulates that Bank Indonesia is an independent state institution with the authority to carry out its mandate, free from interference from the government and/or other parties, except for some issues expressly regulated by this law. The phrase “except for certain matters which are expressly regulated by this law” means there is a potential threat to BI’s independence. For this reason, it is necessary to study further the implications of the regulations in the P2SK Law on BI’s independence. The benchmarks are institutional, organisational, political, and financial independence. The research method that was used was doctrinal. The results show that under the Law on P2SK, there is a change in the level of autonomy from the institutional, functional, and organisational standpoints. These changes will indeed affect BI’s ability to achieve its goals.

The Influence of Leadership Style and Job Satisfaction on Productivity at PT. Mayora Indah Tbk in West Jakarta Indrawati, Yuli; Sulaeman, Asep
International Journal of Social Sciences Vol. 1 No. 1 (2025): IJSS: International Journal of Social Sciences
Publisher : STEBIS Bina Mandiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51805/ijss.v1i1.317

This research aims to determine the influence of leadership style and job satisfaction on employee productivity at PT Mayora Indah Tbk in West Jakarta, both partially and simultaneously. The research used an associative quantitative method with a saturated sampling technique involving 45 respondents. Data analysis includes instrument testing, classical assumption testing, simple linear regression, multiple linear regression, correlation coefficient, coefficient of determination, as well as hypothesis testing via the t test and F test. The results of the analysis show that leadership style partially has a positive effect on employee productivity, with the simple linear regression equation Y = 15.900 + 0.256X1. A correlation coefficient value of 0.465 indicates a strong relationship, and a coefficient of determination of 21.6% indicates that employee productivity is influenced by leadership style by that percentage. The t test produces tcount > ttable (3.638 > 1.301) and is significant at p < 0.05 (0.001 < 0.05), so Ho is rejected and Ha is accepted. Partial job satisfaction also has a positive effect on employee productivity, with the regression equation Y = 15,900 + 0.200X2. A correlation coefficient of 0.281 indicates a moderate relationship, and a coefficient of determination of 7.9% indicates the contribution of the job satisfaction variable to productivity. The t test produces tcount > ttable (2.195 > 1.301) and is significant at p < 0.05 (0.034 < 0.05), so Ho is rejected and Ha is accepted. Simultaneously, leadership style and job satisfaction have a significant effect on employee productivity with the multiple linear regression equation Y = 15.900 + 0.256X1 + 0.200X2 The simultaneous correlation coefficient of 0.607 shows a very strong relationship, with a coefficient of determination of 33.9%. The F test produces Fcount > Ftable (12.273 > 3.22) and is significant at p < 0.05 (0.000 < 0.05), so Ho is rejected and Ha is accepted. This research proves that both leadership style and job satisfaction, partially or simultaneously, have a significant effect on employee productivity.

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