THE LIABILITY PROBLEMATICS OF THE BOARD OF DIRECTORS IN THE CONTEXT OF LOSS IN THE BODY OF SOEs: A LOSS TO THE STATE'S FINANCE?

Authors

  • Paidi Master of Law, Jayabaya University
  • Ramlani Lina Sinaulan Master of Law, Jayabaya University
  • Mohamad Ismed Master of Law, Jayabaya University

Keywords:

BUMN, State Losses, Accountable, Responsibility

Abstract

State-Owned Enterprises (BUMN) are actually a form of state effort to directly seek welfare for the people. In this case, BUMN is a separate form of business entity whose wealth is obtained from state assets. The journey of BUMN as a business entity does not always run smoothly, state losses often occur due to the management of BUMN. Therefore, it becomes very significant to understand the position of wealth owned by BUMN to hold them accountable for the losses. Sumir feels that at the practical level, there is a fierce debate about the position of wealth owned by BUMN. Many postulate that BUMN are immediately separated from state assets, even though various laws and regulations and jurisprudence have stated that the wealth of BUMN is the same as state assets. So it becomes a discussion that needs to be discussed in depth regarding the position of state assets in the BUMN body. As well as investigating more deeply about the responsibility for losses suffered by BUMN, using a knife of analysis of business judgment rules

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Published

2023-03-11

How to Cite

Paidi, Ramlani Lina Sinaulan, & Mohamad Ismed. (2023). THE LIABILITY PROBLEMATICS OF THE BOARD OF DIRECTORS IN THE CONTEXT OF LOSS IN THE BODY OF SOEs: A LOSS TO THE STATE’S FINANCE?. European Scholar Journal, 4(3), 41-45. Retrieved from https://scholarzest.com/index.php/esj/article/view/3280

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