Proceedings of the International Conference on Law, Governance and Islamic Society (ICOLGIS 2019)

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

Authors
A H Nasution, B Nasution, O K Saidin, Sunarmi
Corresponding Author
A H Nasution
Available Online 13 March 2020.
DOI
10.2991/assehr.k.200306.174How to use a DOI?
Keywords
SOE, transparency and disclosure, information, management
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.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Conference on Law, Governance and Islamic Society (ICOLGIS 2019)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
13 March 2020
ISBN
10.2991/assehr.k.200306.174
ISSN
2352-5398
DOI
10.2991/assehr.k.200306.174How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - A H Nasution
AU  - B Nasution
AU  - O K Saidin
AU  - Sunarmi
PY  - 2020
DA  - 2020/03/13
TI  - Transparency of Information Disclosure in the Management of State-Owned Enterprises
BT  - Proceedings of the International Conference on Law, Governance and Islamic Society (ICOLGIS 2019)
PB  - Atlantis Press
SP  - 25
EP  - 28
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200306.174
DO  - 10.2991/assehr.k.200306.174
ID  - Nasution2020
ER  -