Proceedings of the 2nd International Conference on Business Law and Local Wisdom in Tourism (ICBLT 2021)

Authority of Indonesia Investment Authority (INA) in Optimizing SOE Assets in Indonesia

Authors
Harry Budi Artono
Krisnadwipayana University
Corresponding author. Email: kebhot66@gmail.com
Corresponding Author
Harry Budi Artono
Available Online 3 December 2021.
DOI
10.2991/assehr.k.211203.028How to use a DOI?
Keywords
Asset Optimization; Indonesia Investment Authority; SOE
Abstract

National economic development is jointly by various parties. One of them is SOE which has assets that support the value and productivity of its business. However, most of these assets become idle/unproductive and even add to the financial burden on SOEs. After enacting the Law on Cipta Kerja, the Indonesia Investment Authority (INA) was present, intended to increase and optimize the value of government assets, one of which was SOE assets. This research was conducted using a legal method juridical-normative through literature study. The results showed that the legal status of the Investment Management Institution is legally formal as the public legal entity. The authority of Indonesia Investment Authority in optimizing SOE assets is one of the functions and tasks are given by the process of income for these assets that the institution with capital participation can own. And the transfer of assets. However, the authority to manage SOE assets is owned by INA and is the responsibility of each SOE.

Copyright
© 2021 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2nd International Conference on Business Law and Local Wisdom in Tourism (ICBLT 2021)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
3 December 2021
ISBN
10.2991/assehr.k.211203.028
ISSN
2352-5398
DOI
10.2991/assehr.k.211203.028How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Harry Budi Artono
PY  - 2021
DA  - 2021/12/03
TI  - Authority of Indonesia Investment Authority (INA) in Optimizing SOE Assets in Indonesia
BT  - Proceedings of the 2nd International Conference on Business Law and Local Wisdom in Tourism (ICBLT 2021)
PB  - Atlantis Press
SP  - 132
EP  - 137
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211203.028
DO  - 10.2991/assehr.k.211203.028
ID  - Artono2021
ER  -