PRIVATISASI BADAN USAHA MILIK NEGARA (BUMN) DI INDONESIA
This article Â is made Â in order Â to Â find a model of BUMN privatization Â that able Â toprovide benefits Â for Â the government and Â the Â Indonesian people Â in the Â future, andalso able to improve the performance of the BUMN themselves, so that they can beexist Â and Â could Â compete Â in Â the Â world market. Â This Â paper Â concludes Â that Â theprivatization of BUMN to the private placement method by foreign investors with theinvestment in above 50% will provide the most optimal benefits. Some benefits willbe obtained by using this model of privatization, including the increase of the abilityto Â access Â opportunities Â in Â the Â international Â market, Â the Â existence Â of Â technologytransfer, the occurrence of positive changes in work culture, and the application ofprinciples of good corporate governance in the management of BUMN. In order tominimize the risk of rejection in the privatization process of BUMN, it is suggestedthat the government should make a clear privatization of state-owned systems andprocedures, adequate dissemination to relevant parties, as well as implementing atransparent privatization process.
Keywords: privatization, BUMN, incomeâ€™s distribution