Transparency of Information Disclosure in the Management of State-Owned Enterprises

Abstract

A State-Owned Enterprise (SOE) is a company business entity in which all or most of its capital is owned by the state through direct participation from the separated state assets. The research method in the present study is normative juridical supported by library data. Violation of the principle of transparency in a State-Owned Enterprise is a criminal act of corruption. These violations includegiving misleading statements that do not match the facts, submitting false statements relating to company internal data that can be misleading, as well as omission, i.e. eliminating information about actual facts. There is no other choice for State-Owned Enterprises except having to implement and comply with the principles of Good Corporate Governance (GCG). Adherence to the principles of good corporate governance must be carried out by directors and internal stakeholders to make SOEs healthy and resilient. It is expected that acts that violate the principle of transparency in SOEs must be accounted for legally.

Facility and Technological Supports, and Information Transparancy to Improve the Success of a Contract Farming between Farmers Group and Company

“…The value of the influence of information transparency (X5) on the success of a contract farming is 0.308, which means that every addition of 1 unit of information transparency (X5) will increase the success of the contract farming (Y) by 0.308. According to Nasution et al (2020), the principle in information transparency is to be open in carrying out every decision-making process and open in providing correct material information and according to existing facts. In the implementation of the contract farming between PT Bloom Agro and the Bangkit Merbabu Farmers Group, important information such as product prices, production quantities, product quality and audit results in the PT Bloom Agro contract farming had clear and open records for all parties so that both PT Bloom Agro as well as the Bangkit Merbabu Farmers Group coud access and find out.…”

Effect Of Financial Literacy On Financial Management Of Smes In Building An Ectourism-Based Coffee Village In Mekarbuana Village, Tegalwaru District, Karawang District

“…According to Sutrisno, 2003in (Ritraningsih, 2017 Financial management is management related to allocating investment funds and efforts to collect funds for financing efficiently. According to Nasution et al, (2017) defines that "financial management is managing wealth to generate profits and utilizing capital sources to finance businesses". Meanwhile, according to Irawati in Mulyawan (2015: 30) says that the process of regulating activities or financial activities in an organization which includes planning, analysis, Kasmir (2010: 16) in (Rubianingrum and Wijayaangka, 2018) writes that in general the functions of financial management are:…”