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All Journal Governance : Jurnal Ilmu Pemerintahan Sosiohumaniora JUPIIS: Jurnal Pendidikan Ilmu-ilmu Sosial Jurnal Wilayah dan Lingkungan Al-Ijtima`i: International Journal of Government and Social Science PADJADJARAN Jurnal Ilmu Hukum (Journal of Law) Masyarakat, Kebudayaan dan Politik Jurnal Ilmiah Peuradeun ARISTO JPPUMA: Jurnal Ilmu Pemerintahan dan Sosial Politik Universitas Medan Area Journal of Government and Civil Society Jurnal Bina Praja JWP (Jurnal Wacana Politik) Jurnal SOLMA JURNAL MUQODDIMAH : Jurnal Ilmu Sosial, Politik dan Hummaniora Journal of Humanities and Social Studies Kumawula: Jurnal Pengabdian Kepada Masyarakat MIMBAR : Jurnal Penelitian Sosial Dan Politik PERSPEKTIF Politea : Jurnal Politik Islam Publica: Jurnal Pemikiran Administrasi Negara Academia Praja : Jurnal Ilmu Politik, Pemerintahan dan Administrasi Publik Jurnal Civic Hukum PRAJA: Jurnal Ilmiah Pemerintahan International Journal of Demos Jurnal Trias Politika Inobis: Jurnal Inovasi Bisnis dan Manajemen Indonesia Journal of Government and Politics (JGOP) Nakhoda: Jurnal Ilmu Pemerintahan MODERAT: Jurnal Ilmiah Ilmu Pemerintahan JANE (Jurnal Administrasi Negara) Jurnal Keadilan Pemilu Aliansi : Jurnal Politik, Keamanan Dan Hubungan Internasional Journal of Advanced Research in Social Sciences and Humanities
Mudiyati Rahmatunnisa
Universitas Padjadjaran
Religion Arts Humanities Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Education Environmental Science Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Physics Social Sciences Other

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Journal : Journal of Humanities and Social Studies

 1 
Ex Ante Evaluation Of The Liability Company Policy Of State-Owned Enterprises (Soe) Jasa Tirta Ii In The Aspect Of Public Services Using The Cost Benefit Analysis (CBA) Method Wulandari, Ervina; Rahmatunnisa, Mudiyati; Karlina, Nina
JHSS (JOURNAL OF HUMANITIES AND SOCIAL STUDIES) Vol 8, No 2 (2024): JHSS (Journal of Humanities and Social Studies)
Publisher : UNIVERSITAS PAKUAN

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33751/jhss.v8i2.10382

Abstract

The changes in the global economy and competitive business growth demand increased efficiency, effectiveness, and professionalism in all business lines of SOEs, including Jasa Tirta II. In order to realize this, the Ministry of SOEs conducts SOE development, namely business model restructuring, including the stipulation of Government Regulation Number 113 of 2021 concerning Amendments to Government Regulation Number 25 of 1976 concerning State Capital Participation of the Republic of Indonesia for the Establishment of the Company (Persero) "Danareksa". The implication of the regulation is that the Jasa Tirta II Public Company as a company engaged in the field of water resources is included in the company that is planned to become a member of the Danareksa Holding so that it requires preparations to support the formation of the Danareksa Holding with the participation of state capital through the shift or transfer of shares in a subsidiary of a state-owned enterprise or a Limited Liability Company. Jasa Tirta II with the status of a business entity in the form of a Public Company certainly cannot shift or transfer shares, so Jasa Tirta II is considered necessary to change the status from a public company to a Limited Liability Company. Jasa Tirta II as a business entity assigned by the Government in terms of public benefit services in the field of Water Resources management, of course, this public service is one of the main activities that must be maintained by Jasa Tirta II. Therefore, there needs to be a study that specifically explores the possible impact of the policy of changing the status of business entities from public company to liability company with a point of view from the aspect of public services. The research conducted is an ex ante evaluation using an experimental quantitative approach that can be proven by the cost benefit analysis method. The stages is to identification the costs and benefits in the aspect of Jasa Tirta II's public services from the public company side and from the side if the business entity changes its form into a liability company, then processed by net benefit evaluation using the B/C Ratio and simulations the cost and benefit data for the next 10 years with an estimated Net Present Value (NVP) and Return on Investment (ROI). The net evaluation of benefits, which is a ratio to measure the benefits obtained by business entities, especially for the public service aspect of Jasa Tirta II from the side of public companies and the side of liability companies, obtained the result that from the side of public companies has more public service benefits of 2.64% compared to the benefits of public services from the side of liability companies which is 0.90%. As for the NVP simulation, it was found that the total net value of NVP from the side of the general company was Rp. 10,144,877,000,000,-, while the total net value of NVP from the side of the limited liability company was Rp. -827,508,000,000,-. And for the ROI simulation, it was obtained that the total net ROI for the public company Jasa Tirta II was 164%, while the total net ROI result if Jasa Tirta II was in the form of a liability company was -9.7%. Based on the results of the B/C Ratio, NVP and ROI simulations, it was concluded that Jasa Tirta with the form of a public company has a very positive impact and has greater public benefits from its public service aspect, while if the form of Jasa Tirta II business entity is a liability company, the benefits of public services have a negative impact or have not been maximized in fulfilling their general benefits.
Co-Authors Achmad Rizal Adhadi Astuti, Woro Palupi Agustina Setiawan Ahmad Khoirul Umam Alamsah D, Nandang Anandya Khairunnisa Antik Bintari Ari Ganjar Herdiansah Arianis Chan Arry Bainus, Arry Bonto, Saifullah Budiman Rusli Caroline Paskarina Cipta Endyana Cusdiawan Delianoor, Nandang A Delianoor, Nandang A. Destiko Teguh Rinaldi Doni Hendrik Emma Rochima Fauzan Ramaditya Fauzi Ghufroni Ferry Kurnia Rizkiyansyah Ferry Kurnia Rizkiyansyah Haelvyn Pratagrahana Putra Hendra Hendra Hendra Hendra Herman Dema Ida Widianingsih Ihsan Ma'zhumi Ika Kartika Immanuel, Glenn Kevin Jossy Ardiwisastra Leo Agustino Leo Agustino Maulana Mukhlis Miqdad, Muchammad Mohammad Fazrulzaman Azmi Muhammad Choirullah Pulungan Muhammad Irfan Ilmy Muhammad Taufiq Muradi - Mustabsyirotul Ummah Mustofa Nandang Alamsah D Nasrullah Nazsir Nasrullah Nazsir Neneng Yani Yuningsih Niko Aristian Pangihutan Girsang Nina Karlina Ningrat, Shinta Ressmy Cakra Nuraida Nuraida Nurfebriansyah, Ahmad Rifki Putraarta Samodro R. Widya Setiabudi Sumadinata Rafifah, Azura Marha Rahman Mulyaman Ratnia Sholihah Ratnia Solihah Reginawanti Hindersah Rizki Maharani Robi Cahyadi Kurniawan Sawaki, Mariana Tresia Sayyid Muh Suparman Sholihah, Ratnia Sinta Ningrum Siti Witianti Siti Witianti Suherman, Nur Ramadhanty Mahaputri Sulaiman, Suryanagara Muhammad Iftitah Suramahardini, Karima Mahesa Tri Hanggono Achmad Utama, Rafif Sakti Utang Suwaryo Wulandari, Ervina Yamani, Muhammad Luthfi Thahir Yanuarius Turot Yist, Franciscus Van Yundari, Yundari Yusa Djuyandi Yuslih Ihza Zuhri, Sholehudin zuhri, sholehudin zuhri