Investigating The Governance Practices of Village-Owned Enterprises in Indonesia

This study aim to investigate the practice of implementing governance of village-owned enterprises in Indonesia. In recent years, village-owned enterprises in Indonesia have experienced significant growth in terms of numbers. However, this significant growth was not accompanied by growth in assets and profits managed by the village-owned enterprises. This study was an interpretive qualitative study conducted at the village-owned enterprise Sumber Sejahtera in Malang regency, East Java and village-owned enterprise Zigiran Mandiri in Lima Puluh Kota regency, West Sumatra. Retrieval of data through in-depth interviews, observations and documentations. This study found several factors that influence the success of village-owned enterprise governance in indonesia namely ; the village owned enterprise ability to discover the potential and local wisdom of the village ; village head leadership, and ; the youth involvement