Proceedings of the First Multidiscipline International Conference, MIC 2021, October 30 2021, Jakarta, Indonesia

Research Article

Economic Value as Legal Considerations for The Utilization of State-Owned

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  • @INPROCEEDINGS{10.4108/eai.30-10-2021.2315734,
        author={Pangi Suryadi and Faisal Santiago},
        title={Economic Value as Legal Considerations for The Utilization of State-Owned},
        proceedings={Proceedings of the First Multidiscipline International Conference, MIC 2021, October 30 2021, Jakarta, Indonesia},
        publisher={EAI},
        proceedings_a={MIC},
        year={2022},
        month={1},
        keywords={state property; utilization; lease},
        doi={10.4108/eai.30-10-2021.2315734}
    }
    
  • Pangi Suryadi
    Faisal Santiago
    Year: 2022
    Economic Value as Legal Considerations for The Utilization of State-Owned
    MIC
    EAI
    DOI: 10.4108/eai.30-10-2021.2315734
Pangi Suryadi1,*, Faisal Santiago1
  • 1: Universitas Borobudur
*Contact email: paneli.dk@gmail.com

Abstract

The purpose of the study was to determine the role of state property management on development and to find out the ideal legal construction of state property management so that it can reflect good governance, as well as to observe and analyze aspects of economic value as a legal basis in considering plans for the use of state property. The results show that the role of state property is to generate profits through several contributions in accordance with the asset utilization method, maximizing the benefits of regional property resources so that the objectives of regional governance are achieved. The results showed that- (1) the nature of providing opportunities for users of goods for the planned utilization of state property has not been able to make effective use of state property, streamline state expenditures, and optimize state revenues. (2) control of the utilization of state property has not been implemented properly, because the supervision model carried out is only internal control, while external supervision has not been implemented because there are no regulations that regulate it. (3) accountability for indications of irregularities in the use of state property can be carried out in two forms, namely accountability according to administrative law, civil law. However, these two forms of accountability have not perform well.