BUMN, Politics, and Corruption in the Reformasi Era: A Political Economy Reflection

Herdi Sahrasad, Teuku Syahrul Ansari

2019

Abstract

BUMN (State-Owned Enterprises-SOEs) is a pillar of the strength of the national economy. But in the reform era after President BJ Habibie, it must be recognized that the existing SOEs, including Bank Mandiri, Pertamina, Indosat, Telkom, and so on, have become spoiled or seized by political forces (political parties). BUMN reform and democratization era faces the problem of corruption. In the reform era, political competition found 'its reincarnation' on fertile land,' namely SOEs and bureaucracy with the aim of seizing publicly available political-economic resources. As a result, almost all SOEs continue to be in the public spotlight as a result of experiencing secret politicization (secret) by the ruling parties in the government since the Gus Dur-Megawati era and the Mega-Hamzah coalition up to the SBY-Boediono and Joko Widodo-Jusuf Kalla era. SOEs should be managed professionally and kept away from politicization, but the political reality speaks differently. SOEs continue to be '' plunder '' political parties that place their people in these publicly-owned enterprises. BUMN is the target of corruption by its directors who deliberately violate the principles of the Business Management Rule for personal or group benefit. These problems and challenges must be solved by civil society and the state if the BUMN wants to develop as a strong, credible, and advanced state corporation for the benefit of the people.

Paper Citation

in Harvard Style

Sahrasad H. and Ansari T. (2019). BUMN, Politics, and Corruption in the Reformasi Era: A Political Economy Reflection.In Proceedings of the 1st International Conference on Anti-Corruption and Integrity - Volume 1: ICOACI, ISBN 978-989-758-461-9, pages 90-95. DOI: 10.5220/0009400300900095

in Bibtex Style

@conference{icoaci19,
author={Herdi Sahrasad and Teuku Syahrul Ansari},
title={BUMN, Politics, and Corruption in the Reformasi Era: A Political Economy Reflection},
booktitle={Proceedings of the 1st International Conference on Anti-Corruption and Integrity - Volume 1: ICOACI,},
year={2019},
pages={90-95},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009400300900095},
isbn={978-989-758-461-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Anti-Corruption and Integrity - Volume 1: ICOACI,
TI - BUMN, Politics, and Corruption in the Reformasi Era: A Political Economy Reflection
SN - 978-989-758-461-9
AU - Sahrasad H.
AU - Ansari T.
PY - 2019
SP - 90
EP - 95
DO - 10.5220/0009400300900095