DEVELOPMENT OF VILLAGE OWNED BUSINESS ENTITY GOVERNANCE MODEL
DOI:
https://doi.org/10.31933/dijms.v3i2.1035Keywords:
Governance, Performance, Village Owned EnterprisesAbstract
Village Owned Enterprises (Bumdes) must be able to support the village's economy while also assisting in the resolution of social issues in the Bumdes environment. However, not all Bumdes are capable of maintaining the village economy and overcoming social issues in its implementation. As a result, there was a management mistake that led Bumdes to stop working properly. The goal of this research was to determine the impact of governance on Bumde's performance. A questionnaire was sent to Bumde's management in West Bandung Regency, with a sample size of 117 Bumdes. Initial surveys, the creation of concepts and equipment, data gathering, and data analysis are all part of the research phase. Smart PLS version 3.0 software was used to analyze the data. Transparency, accountability, participation, emancipation, and sustainability were found to have a substantial impact on performance, but cooperative had no effect.
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Bielefeld, W. (2009). Issues in Social Enterprise and Social Entrepreneurship. Journal of Public Affairs Education, 15(1), 69–86. https://doi.org/10.1080/15236803.2009.12001544
Davies, I. A., & Doherty, B. (2019). Balancing a Hybrid Business Model: The Search for Equilibrium at Cafédirect. Journal of Business Ethics, 157(4), 1043–1066. https://doi.org/10.1007/s10551-018-3960-9
Ebrahim, A., Battilana, J., & Mair, J. (2014). The governance of social enterprises: Mission drift and accountability challenges in hybrid organizations. Research in Organizational Behavior, 34, 81–100. https://doi.org/10.1016/j.riob.2014.09.001
Gebauer, H., Saul, C., Halidmann, M., & Kramer, S. (2017). When one business model is not enough for a social business. Strategic Direction, 33(1), 10–12. https://doi.org/10.1108/SD-06-2016-0096
Hassan, N. F. N., & Daud, W. N. W. (2019). The social value creation process in social business models: The similarity benefits of shared blended values. International Journal of Innovation, Creativity and Change, 7(10), 371–389.
Mswaka, W., & Aluko, O. (2017). Corporate Governance Practices and Outcomes in Social Enterprises in the UK. International Journal Of Public Sector Management, 28(1), 57–71.
Nurjanah, S., & Mukhzarudfa, U. (2020). The Implementation of Governance And Financial Performance For Village - Owned Enterprises (Bumdes) In Merangin District. Jurnal Akuntansi Dan Keuangan Universitas Jambi, 5(4), 243–257. https://online-journal.unja.ac.id/jaku
Olofsson, S., Hoveskog, M., & Halila, F. (2018). Journey and impact of business model innovation: The case of a social enterprise in the Scandinavian electricity retail market. Journal of Cleaner Production, 175, 70–81. https://doi.org/10.1016/j.jclepro.2017.11.081
Pakaya, N., & Rorong, A. (2019). Transparansi pengelolaan Badan Usaha Milik Desa (Bumdes) di Desa Kamanga Kecamatan Tompaso. Jurnal Administrasi Publik, 5(74).
Pratiwi, M. B., & Novianty, I. (2020). Strategi Bertahan Badan Usaha Milik Desa (BUMDes) dalam Pandemi COVID-19 pada Desa Cibodas Kecamatan Lembang Kabupaten Bandung Barat. Prosiding The 11th Industrial Research Workshop and National Seminar, 26–27.
Republik Indonesia. (2015). Peraturan Menteri Desa, Pembangunan Daerah Tertinggal, Dan Transmigrasi Republik Indonesia No 4 Tahun 2015. Peraturan Menteri Desa. https://doi.org/10.1017/CBO9781107415324.004
Rindi, K., Dewi, L. P. M. S. A., Sari, D. A. P., & Awitiana, P. P. (2019). Penerapan Prinsip Akuntabilitas Pada Bumdes. Jurnal Ilmiah Akuntansi Dan Humanika, 7(1), 1–10. https://doi.org/10.23887/jinah.v7i1.19831
Saebi, T., Foss, N. J., & Linder, S. (2019). Social Entrepreneurship Research: Past Achievements and Future Promises. Journal of Management, 45(1), 70–95. https://doi.org/10.1177/0149206318793196
Siew Yee, C., Sharoja Sapiei, N., & Abdullah, M. (2018). Tax Avoidance, Corporate Governance and Firm Value in The Digital Era. Journal of Accounting and Investment, 19(2). https://doi.org/10.18196/jai.190299
Sofyani, H., Atmaja, R., & Rezki, S. B. (2019). Success Factors of Village-Owned Enterprises (BUMDes) Performance in Indonesia: An Exploratory Study. Journal of Accounting and Investment, 20(2). https://doi.org/10.18196/jai.2002116
Trivena Y.P. Karinda, W. W. A. K. (2020). Tata Kelola Badan Usaha Milik Desa (Bumdes). Jurnal Politico, 9(3).
Tykkyläinen, S., & Ritala, P. (2021). Business model innovation in social enterprises: An activity system perspective. Journal of Business Research, 125(January), 684–697. https://doi.org/10.1016/j.jbusres.2020.01.045
Widiastuti, H., Putra, W. M., Utami, E. R., & Suryanto, R. (2019). Menakar tata kelola badan usaha milik desa di Indonesia. Jurnal Ekonomi Dan Bisnis, 22(2), 257–288. https://doi.org/10.24914/jeb.v22i2.2410
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Published
2021-11-30
How to Cite
Budi Hendaris, R., & Siraz, R. (2021). DEVELOPMENT OF VILLAGE OWNED BUSINESS ENTITY GOVERNANCE MODEL. Dinasti International Journal of Management Science, 3(2), 309–322. https://doi.org/10.31933/dijms.v3i2.1035
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