Abstract

State-Owned Enterprises (BUMN) in the form of Public Companies (Perum) are the driving force as well as the locomotive of the country's economy that can create economic stability, national independence and to keep production that concerns the livelihoods of many people under state control. State-Owned Enterprises (BUMN) are filled by people who are competent in their fields by going through a series of fit and proper tests to be in State-Owned Enterprises (BUMN). Improving the welfare of its people, the state through State-Owned Enterprises (BUMN), in this case the government can also invest in it, solely to accelerate existing development. Directors of Public Companies (Perum) have the authority to carry out their duties and functions. Regarding this authority, it must be maintained so that actions do not occur that exceed the limits of that authority. There is an act of a Board of Directors who exceeds the authority he has in a company, in civil law this is referred to as Ultra Vires, also for Ultra Vires actions which exceed the limits of authority which can also be categorized as an act of maladministration in the Administrative Law regime, however Perum uses money The state in its management is also regulated by Law Number 31 of 1999 as amended and added to Law Number 20 of 2001 concerning Eradication of Corruption Crimes.

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