The exemplification of governance principles within state asset management laws and policies : the case of Indonesia

Mardiasmo, Diaswati, Sampford, Charles, & Barnes, Paul H. (2010) The exemplification of governance principles within state asset management laws and policies : the case of Indonesia. In Proceedings of 5th World Congress on Engineering Asset Management, Brisbane Convention & Exhibition Centre, Brisbane.

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Abstract

Efficient state asset management is crucial for governments as they facilitate the fulfillment of their public functions, which include the provision of essential services and other public administration support. In recent times economies internationally and particularly in South east Asia, have displayed increased recognition of the importance of efficiencies across state asset management law, policies and practice. This has been exemplified by a surge in notable instances of reform in state asset management. A prominent theme in this phenomenon is the consideration of governance principles within the re-conceptualization of state asset management law and related policy, with many countries recognizing variability in the quality of asset governance and opportunities for profit as being critical factors. This issue is very current in Indonesia where a major reform process in this area has been confirmed by the establishment of a new Directorate of State Asset Management. The incumbent Director-General of State Asset Management has confirmed a re-emphasis on adherence to governance principles within applicable state asset management law and policy reform.

This paper reviews aspects of the challenge of reviewing and reforming Indonesian practice within state asset management law and policy specifically related to public housing, public buildings, parklands, and vacant land. A critical issue in beginning this review is how Indonesia currently conceptualizes the notion of asset governance and how this meaning is embodied in recent changes in law and policy and importantly in options for future change. This paper discusses the potential complexities uniquely Indonesian characteristics such as decentralisation and regional autonomy regime, political history, and bureaucratic culture

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ID Code: 40404
Item Type: Conference Paper
Refereed: Yes
Keywords: Governance, State Asset Management Laws and Policies, Political History, State Asset Management Reform, Indonesia
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Corporate Governance and Stakeholder Engagement (150303)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > QUT Faculties and Divisions > Faculty of Law
Current > Schools > School of Management
Copyright Owner: Copyright 2010 [please consult the authors]
Deposited On: 03 Mar 2011 22:29
Last Modified: 04 Mar 2011 06:14

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