Indonesia Conference Directory

State-Owned Enterprise (SOE) is a business entity that is majority owned by the state and usually manages vital resources and covers the lives of many people in a country. SOE is one of the efforts of the state to participate and regulate and maintain economic fundamentals in an effort to equalize and seek economic justice for its people. To improve the management of SOE, it is necessary to implement Good Corporate Governance (GCG). Government ownership in SOEs on the other hand also raises other important factors that influence the implementation of GCG and the progress of SOE, namely the factor of political influence in the management of SOE. This research attempts to illustrate the existence and role of the nomination committee in the selection and determination of members of the board of directors and commissioners and illustrates the political influence that surrounds them in SOE in Indonesia. This study provide an overview of the application of the concept of GCG to the operations of SOE in Indonesia compared to practices in various countries which can then be obtained recommendations for improvement for more optimal SOE performance.