The Role of Village-Owned Enterprises (BUMDes) in Increasing Community Income in Buleleng Bali
Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 11
Abstract
The presence of BUMDes is an implementation of Law no. 6 of 2014 concerning villages in an effort to increase community income through mobilizing village potential which is formed directly according to community initiatives.Thus, the presence of BUMDes must be seen as a process that includes various changes to the social structure, community participation and existing institutions, as well as pursuing accelerated economic growth. One of the villages that established BUMDes with the aim of strengthening the economy of Bebetin Village, Sawan District, Buleleng Regency is BUMDes Banwa Bharu which was founded in 2009. This type of research uses qualitative research, namely research aimed at describing and analyzing phenomena, events, social activities, attitudes, beliefs, perceptions and thoughts individually and in groups. The research results show that BUMDes Banwa Bharu is a facility or business unit that can help the community increase their income. The role of BUMDes Banwa Bharu in helping overcome the community's economic problems is sufficient, although not optimal. Several business units run by BUMDes Banwa Bharu have been running well, as can be seen from the ease with which people can borrow capital to develop their businesses. Although there is one type of business that is not running, namely tourism management, such as cow racing performance, which is the legacy of the ancestors of Bebetin Village, Sawan District, Buleleng Regency.
Authors and Affiliations
Gede Arnawa, Ni Ketut Adi Mekarsari, I Dewa Nyoman Arta Jiwa, Ni Luh Putu Eka Yudi Prastiwi, Luh Diana Wahyuni
Keywords
Related Articles
- EP ID EP727890
- DOI 10.47191/jefms/v6-i11-40
- Views 82
- Downloads 0
Relevance of Value Owned Profit and Cash Flows Based on the Life Cycle in the Growth Stage of Food and Beverages Companies Listed on the Indonesia Stock Exchange
This study aims to determine the relevance of the value of earnings and cash flow as a measure of accounting performance against market value when the company is in the growth life cycle. The sample of this company is a...
From Strategic Management to Information Strategy Management It will be possible to increase the available time Strategic Decision Making?
This article investigates the main concepts and activities of information,while it is in the strategic decision-making system, treated by literature. Since information has become the source of value of the global econom...
The Effect of Growth of Net Premium, Claim Ratio, RBC, and Retention Ratio on the Financial Performance of Insurance Companies in the ASEAN Region
This research aims to find out the constraints that can affect the financial performance of insurance service companies in the ASEAN region that are currently running. Insurance companies operating in the ASEAN Region ca...
The Effect of Earning Management and Credit Risk on Audit Opinion with Firm Size as a Moderation Variable
This study aims to prove and analyze the effect of earning management and credit risk on audit opinion with firm size as a moderating variable. This research was conducted on banking companies listed on the Indonesia Sto...
A Comparative Analysis of Weak and Semi-Strong Form Efficiency of Nigerian and South African Foreign Exchange Market
Foreign exchange market is said to be efficient if all available information are reflected in its exchange rates. An efficient foreign exchange translates to absence of profitable and exploitable trends which means that...