Government Assets Research Articles

Smart ignorance: Instrumentalising useful unknowns to bureaucratise and rescale power in the city

Critical geography inextricably associates smart cities with modalities of entrepreneurial governance, the privatisation of government assets and functions, and an effectively diminished role of the state in urban governance. In this article, I argue that this is an incomplete examination of ‘actually existing smart cities’ as it overlooks the bureaucratisation of city government through rescaling, which occurs via the instrumentalisation of ambiguity and ignorance. Furthermore, the existing literature focuses on the rescaling of power in ‘spaces of exception’ or enclave developments, but does not adequately address what happens when these corporate parastatal entities land in ‘actually existing’ cities where urban spatialities and political geographies are alreacy established and do not need to be formulated afresh. I draw on rich qualitative research in one case study of an ‘actually existing’ smart city – Pune in western India – to explore how the implementation of a smart cities programme results in a bureaucratisation of city government through existing useful unknowns, and generates further ambiguity around issues of authority and power in city government. This article offers a significant conceptual contribution to the understudied political geographies of city government by moving beyond the examination of zones of exception and investigating the dynamics of integrating privatised governance mechanisms into a historical ‘actually existing smart city’ with a formalised city government dating back to the late 19th century.

Rethinking Local Government Asset Management in Indonesia: Governance, Planning, and Policy Evaluation

Effective asset management is essential for enhancing operational efficiency and achieving sustainable development within local governments in Indonesia. This study explores key challenges in asset management, focusing on governance, planning, and policy evaluation. Several critical issues are identified: fragmented governance, insufficient transparency and coordination, outdated asset inventories, and misalignment between asset management practices and broader development goals. Policy evaluation mechanisms are also inadequate, failing to measure asset utilisation effectively. These challenges lead to inefficiencies in resource allocation, underutilisation of assets, and missed opportunities for local economic growth. The findings align with Sustainable Development Goals (SDGs), particularly SDG 11 (Sustainable Cities and Communities), which promotes efficient resource use, and SDG 9 (Industry, Innovation, and Infrastructure), which supports enhanced infrastructure management. Addressing these goals enables local governments to align asset management strategies with broader sustainability objectives, fostering equitable growth and long-term development. Through a qualitative literature review, this study analyses data from government reports and prior research to highlight these challenges and propose solutions. An integrated approach—aligning governance frameworks, improving asset management planning, and strengthening policy evaluation—can overcome the identified barriers. By adopting this model, local governments can optimise asset management, leading to improved efficiency, better resource utilisation, and sustainable development. Future research should explore applying this framework across regions in Indonesia to validate its effectiveness.

Analysis of Asset Management (Land and Building) At Belu Regency Dams in East Nusa Tenggara Province-Indonesia

Dams are government asset that possess many important resources because it has great influence and able to help in fulfilling the community necessities. Asset management covers aspects of necessity planning or budgeting, procurement, usage, utilization, security or asset maintenance, valuation, transfer or asset hand over, demolition, deletion, administration, guidance, supervision, control, compensation and sanctions to make sure the government assets can be used optimally in appropriate manner for the community. In the East Timur Dam Management Unit (Belu Regency) at areas of river of Nusa Tenggara II, there were several cases and problems identified at Haekrit Dam, Haliwen Dam and Rotiklot Dam. Analysis of methodology applied in this study is Analytic Hierarchy Process or AHP method, a structured multi-criteria decision-making procedure. AHP is a flexible model which allows the user to make decisions by combining considerations and personal values in a logical way. AHP is used to examine problems starting from a careful act to define the problem and then arranging the problems into a hierarchy consisted of several levels of objectives, criteria and alternatives. The result of this study found there are three main indicators in managing the government land and building assets as listed to be: (1) Property Users managing the regional property in accordance with their duties and has a value of 0.0995; (2) Inventory is held or becomes the responsibility of the property users and obtained a value of 0.0833; and (3) regional property planning becomes the basis for preparing RKBMD and obtained a value of 0.0762. In summary, the research implication is addressed to the government employees who are responsible for the asset management that need to be provided with technical guidance on a regular basis, and those individuals that in charge of the assets should be competent and professional also able to engage active coordination for securing the regional assets.

Optimizing the Utilization of Local Government Assets in Gorontalo District

Optimizing the Utilization of Local Government Assets in Gorontalo District

Technique of Government Digital Auditing

The actions that must be taken to consider government digital auditing, given that we all function in the conditions of the “World Wide Web” (www). The use of www reality is essential for the functioning of government digital auditing. It enables the search for ways to solve the challenges of the rational use of budgetary resources and to optimise budgetary relations in a government. This article is about the benefits, challenges and technique of government digital auditing that intended to safeguard public interest and preserve government assets. The goal of this article is to provide a clear and concise representation of the main blocks of the technique for Government Digital Auditing. This technique is based on Author’s insights and practical experience as a government auditor, Chief of accountants, Professor of Accounting and Auditing.

Assessing Regional Asset Management “Operational Standards” at the Regional Development Planning Office of West Sulawesi Province

Effective local government asset management is critical for the efficient operation and sustainability of public institutions regarding their responsibility and otonomy given by the central government of Indonesia. On local government level, Regional Development Planning Office (Bappeda) is responsible as asset managers on province level. This study evaluates the management of regional assets at the Bappeda Office of West Sulawesi Province. Data collected through survey and interview with the office representatives and employee, supplemented by literature analysis of Domestic Affairs Regulation Number 19 Year 2016 to evaluates the policy implementation in the office. Data suggest that current activities or policy implementation in the office are alligned as the national policy standards. Core acts in the office includes planning – budgeting, procurement, utilization, optimization, security – maintenance, assessment, transfer, disposal, deletion, administration, guidance – supervision – control, and compensation – sanctions. The practices align with the Ministry of Domestic Affairs Policy, ensuring correct and effective implementation. Out of 100, we scored 58 - 59 to the current conformity level at Bappeda office. Some challenges remain with end-users, as some desire to personally own the official vehicles, occasionally breaching the rules, ownership, disposal, etc. The study underscores the importance of following established asset management cycles and regulations for effective asset utilization and maintenance, while highlighting the need for strategies to improve user compliance.

سیاست‌جنایی تقنینی افغانستان در برابر جرایم مالی کارکنان دولت با تأکید به اقدامات پیشگیرانه در سطح قانون‌گذاری و نهادهای رسمی

Criminal policy comprises a set of approaches through which responsible institutions respond to criminal phenomena to safeguard social order. Legislative criminal policy is one of the pillars of criminal policy and refers to the thought or response of a country's legislature to criminal phenomena. In legislative criminal policy, laws must be coherent, clear, and specific, preventing judges from interpreting legal texts differently. Inadequate laws lead to increased misunderstandings and judicial innovations. Agents and employees of the government represent a significant portion of a country's national assets. Their selection and employment as government agents and employees require passing through several stages, demonstrating their importance and competency. A significant portion of a country's assets is entrusted to government employees. Easy and direct access to vast amounts of information, confidential documents, government and non-government properties, as well as possessing executive power, may pose serious threats to government assets and individuals, providing government employees with the groundwork for committing crimes. Preventive measures are a proactive response to criminal phenomena that can be effective in deterring criminal activities before they occur. The question of the article is dedicated to exploring the impact of preventive measures on reducing crimes. The hypothesis consists of responses and proactive mechanisms that lead to a decrease in opportunities and contexts for committing crimes. The research method is defined as descriptive-analytical and library-based.

Environmental, social and governance assets and diversity scores: exploring their relationship to carbon emissions in global companies

PurposeThe interconnected challenges of climate change and social inclusivity have placed unprecedented pressure on businesses to adopt responsible practices. While previous research has explored the individual impacts of environmental, social, and governance (ESG) performance and diversity initiatives, there remains a dearth of comprehensive investigations into how these factors collectively influence carbon emission scores. Drawing on the legitimacy theory, we explore whether ESG and diversity scores predict global companies' carbon emission scores. As concerns about the environmental impact of businesses grow, understanding the relationships between ESG performance, diversity management, and carbon emissions becomes imperative for sustainable corporate practices.Design/methodology/approachThe primary dataset for this study includes 1,268 worldwide firm-year data for 2021. The sample is subjected to missing data examination as a component of the filtration process. Data preprocessing is performed before machine learning analysis, including verifying missing data. Our research resulted in the final sample, which includes 627 worldwide firm data from 2021. Data regarding all publicly traded companies was obtained from Refinitiv Eikon.FindingsOur findings showed that corporate carbon emission performance in global corporations is influenced by ESG performance and total diversity score.Originality/valueFirms involve in ESG as well as diversity practices to be able to achieve sustainable success. Yet, the forecasting of carbon emissions based on ESG scores and diversity scores remains inadequately established due to conflicting findings and enigmas prevalent in the literature.

Pengabdian Kolaboratif dalam Pengelolaan Aset Badan Pengelolaan Keuangan dan Aset Daerah

This service is a collaboration between students and lecturers of UIN KHAS Jember and BPKAD in creating an effective asset management model. This service aims to tabulate and reorganize the list of assets owned by the Jember Regency Government and aims to provide education to the public about regional assets. This is due to the existence of many Jember Government assets, so a systematic asset management process is needed. This service uses a collaborative method of two institutions, namely UIN Kiai Haji Achmad Siddiq Jember together with BPKAD to manage assets in the Jember Regency Government. This service produces a systematic asset management model starting from planning, authorization and evaluation processes. as well as public understanding of local government assets.

Transformation of Additional Bank Indonesia'scapital Adequacy Ratio (Car) into State Collecting Rights Blbi

The escalation of the monetary crisis in 1997/1998 had an impact on the banking industry in Indonesia, most of the banking industry ran out of money (bokek) so that the existence of banks became insolvent banks. Bank Indonesia, which functions as the last monetary gateway, issued monetary policy with the Liquidity Assistance Fund (BLBI) scheme, which was a bailout fund for Bank Indonesia for insolvent banks affected by the 1997/1998 monetary crisis. Bank Indonesia 's liquidity assistance scheme to obligors ( recipients ) has resulted in Bank Indonesia 's capital adequacy ratio ( CAR ) . Bank Indonesia's Capital Adequat Ratio (CAR) is in free fall. Bank Indonesia is undercapitalized. The government covered Bank Indonesia's lack of capital, not with cash and in full, but with government bonds (SUN), the nominal value of this SUN is equivalent to the amount of BI Liquidity Assistance (BLBI) provided by Bank Indonesia to obligors. SUN is subsequently used by Bank Indonesia as a means of Bank Indonesia's Capital Maintenance Notes (CMN). The Capital Maintenance Notes are then compensated with the transfer of the claim rights (cessie) to the obligor (the BLBI receiving bank), by Bank Indonesia, to the Government. BLBI, which was originally a monetary policy, turned into fiscal policy, changed the legal status of BLBI collection rights, became a government asset in the form of state receivables, but historically the settlement costs which also used SUN have come down short. Fiscal policy, regarding the settlement of collection rights (cessie) turned out to be more expensive than the total collection rights (cessie), on the other hand, with the maturity of government bonds (SUN) used as a CMN facility, resulting in a sustainable government burden, at least this burden continues for up to five presidents and will continue in the administrations of subsequent presidents. This paper study uses a normative approach which is expected to be able to answer the epistemological problems of the theme of this article, which is entitled Transformation of the Addition of the Capital Adequacy Ratio (Car) of Bank Indonesia into BLBI State Collection Rights.

Analisis HBU dan Peluang Kejenuhan Lalu Lintas pada Pengembangan Plasa Simpang Lima Semarang

Simpang Lima Plaza is a Semarang City Government asset which is located in the city center, precisely on Jalan Ahmad Yani, Semarang City. The Plaza Simpang Lima building was built in 1990 with a building area of 38,935 m2. Plaza Simpang Lima is managed by PT Argamukti with a 30 year contract system which will end in 2024. When the contract ends, the age of the Plaza Simpang Lima building will be 30 years, so the use of the Plaza Simpang Lima building needs to be reviewed in relation to its potential utilization. Previous research discussed asset optimization but ignored the impact on traffic potential of selected land uses. This research was conducted to find out the most effective land optimization and the resulting traffic impacts. In this research the analysis was carried out using the Highest and Best Use method to determine alternative uses that are appropriate and technically and financially possible to determine the optimum value and the trip generation method to determine the potential traffic impacts that occur from the selected land use. The results of this research were obtained that the alternative effective use of land is a mall which will result in an increase in land value in the 7 year projection period of IDR 379,259,450,817 with an increase in roundabout delays of 35.23% and the chance of this condition occurring is 36.2%.

Are there other fish in the sea? Exploring the hedge, diversifier and safe-haven features of ESG investments

Purpose This study aims to conduct an empirical investigation to assess the hedge, diversifier and safe-haven properties of different environmental, social and governance (ESG) assets (i.e. green bonds and ESG equity index) vis-à-vis conventional investments (namely, equity index, gold and commodities). Design/methodology/approach The authors examine the sample period 2007–2021 using the bivariate cross-quantilogram (CQG) analysis and a dynamic conditional correlation (DCC) multivariate generalized autoregressive conditional heteroskedasticity (GARCH) experiment with several extensions. Findings The evidence shows that the analyzed ESG investments exhibit mainly diversifying features depending on the asset class taken as a reference, with some potential hedging/safe-haven qualities (for the green bond) in peculiar timespans. Therefore, the results suggest that investors might consider sustainable investing as a new measure of risk reduction, which has interesting implications for both portfolio allocation and policy design. Originality/value To the best of the authors’ knowledge, this study is the first that empirically investigates at once the dependence between different ESG investments (i.e. equity and green bond) with different conventional investments such as gold, equity and commodity market indices over a large sample period (2007–2021). Well-suited methodologies like the bivariate CQG and the DCC multivariate GARCH are used to capture the spillover effect and the hedging/diversifying nature, even in temporary contexts. Finally, a global perspective is used.

ANALISIS KONTEKS PENGELOLAAN BARANG MILIK DAERAH KABUPATEN KONAWE SELATAN

Context is recognized as having an influence on the efficient operation of public administration, including the management of local government assets. However, there is a lack of research exploring the topic. The purpose of this study is to analyze the context of asset management of the South Konawe Regency government. The context of asset management is analyzed from four aspects, namely needs, root problems, opportunities, and objectives of asset management. This research uses a qualitative method approach. Data were collected through semi-structured interviews. The data analysis technique used is a qualitative analysis of interactive models. The results show that there is a lack of clarity in the context of regional asset management, with differences between ideality and reality, which has the potential to harm the efficiency and achievement of long-term goals of local governments.

The effect of decision making related rationalization on fraud and the mediating role of psychosocial work environment

This study aims to examine the influence of the psychosocial work environment on the proclivity for asset misuse in the context of local government management, with a focus on the perceptions of administrators in Central Sulawesi Province. Employing purposive sampling, a total of 39 government units constituted the study's population, with a final sample size of 114 participants, comprising administrators, officers, and managers. WarpPLS software was employed to analyze the data. The findings reveal a positive relationship between rationalization and the inclination toward asset misuse. Additionally, rationalization exhibits a negative impact on the psychosocial work environment. Finally, the psychosocial work environment demonstrates a negative influence on the propensity for asset abuse. These outcomes suggest that the psychosocial work environment plays a pivotal role in mitigating the inclination for asset misuse within the local government of Central Sulawesi Province. This research sheds light on the significance of fostering a positive psychosocial work environment to enhance decision-making processes and reduce the likelihood of fraudulent activities in the management of government assets. Understanding these dynamics is crucial for the development of strategies to promote ethical and responsible asset management in local government entities.

The Management of Land Assets in Dharmasraya Regency Based on WebGIS

Land asset management is crucial in governance because government assets encompass properties and resources managed by government entities to generate economic value in the future. Dharmasraya Regency, located in West Sumatra Province, possesses a variety of government assets, including land and buildings. Despite its significant potential, the management of these assets has not been optimal. This research proposes a solution in the form of Geographic Information System (GIS)-based asset management, with a focus on land asset data collection. GIS enables in-depth spatial analysis of land assets and the entire region, facilitating efficient decision-making in asset management and development. The objective of this research is to map the position and distribution of government land assets in Dharmasraya Regency and provide visualization of web-based land asset management through WebGIS. The results of this research reveal that government land assets are spread across 11 districts, with the highest number of assets in the Sitiung District and the lowest in the Asam Jujuhan District. This research also produced a WebGIS application integrated into the Dharmasraya Regency Government website. This application allows easy and fast access to information about government-owned land assets, with features such as search, distance measurement, and various base map options. Thus, this research contributes to improving the management of land assets of Dharmasraya Regency Government through a modern approach based on information technology and geospatial technology.

Analisis Tarif Sewa Gedung Gor Flobamora Terhadap Pendapatan Asli Daerah Provinsi Nusa Tenggara Timur

Regional government assets are one of the pillars of revenue generation for the Regional Government. In managing regional assets, regional governments must consider various aspects ranging from needs planning, procurement, administration, utilization, maintenance and security to supervision so that regional assets are able to provide optimal contributions to the regional government concerned. Regional assets are a resource and a potential that is absolutely necessary in the administration of Regional Government, because if assets are managed well they can provide benefits to the Regional Government and the community as a source of income as well as supporting the role and function of the Regional Government as a provider of regional services to the community.

Hello from the Other Side: Both Government Liabilities and Assets Matter for Sovereign Risk

AbstractWe provide evidence that for advanced economies' sovereign bond markets in recent decades, both sides of the government balance sheet matter: for explaining government borrowing cost empirically, (i) government assets are significant in addition to government liabilities, and (ii) it is government net worth (total financial and non‐financial assets less liabilities) rather than government liabilities that matters when both are included. The central country‐specific fiscal factor driving sovereign bond yields thus appears to be government net worth. The focus of policy and academic debates though has tended to be narrowly on government debt, even as government net worth has declined substantially in many OECD countries in recent decades.

Financial Accountability in East Java's Health Service: Examination of Asset Recording and Reporting

This research aims to analyze the implementation of financial recording and reporting of government assets by the East Java Provincial Health Service. The research method used is a case study with a qualitative descriptive approach. The data used in this research are cases related to implementing policies and procedures for financial recording and reporting of government assets. Overall, the qualitative approach in this case study allows the author to gain an in-depth understanding of the Implementation of Financial Recording and Government Asset Reporting in the East Java Provincial Health Service through critical analysis and interpretation of relevant cases. The research results show that the agency has adequate policies and procedures regarding financial recording and government asset reporting. This shows the seriousness and commitment of the regional government in carrying out transparent and accountable financial management.

Faktor-Faktor yang Memengaruhi Pengelolaan Aset Pemerintah

Efficient and effective asset management is considered very important in improving the quality of financial reports and state financial management. This research aims to determine the influence of human resources, information technology and governance on government asset management at the Central Statistics Agency of the Republic of Indonesia (BPS). This research uses multiple linear regression analysis methods to test the data. The sampling technique used was a systematic random sampling method which resulted in a sample size of 260. The survey was carried out using a Google form. Data processing uses the SPSS 25 program. The research results show that human resource variables have no effect on government asset management, while information technology and governance have a positive and significant effect on government asset management.
 Keywords: Human Resources; Information Technology; Good Governance; Government Asset

Optimizing the utilization of government-owned tangible assets through managing institutional factors in Indonesia

This study aims to examine whether the institutional factors – governance, asset knowledge, internal control system, and competencies – optimize the utilization of provincial, regency, and municipal governments’ tangible assets in supporting public services. In contrast to previous research, which employed Sharia ethics as exogenous variables, this study includes Sharia ethics as a moderating variable in the model. Sharia ethics is one specific factor in implementing Sharia principles by the government that applies Islamic law in Indonesia. The province of Aceh, with all its regencies and municipals, is the only province that applies Islamic principles in running its government. Primary data were collected using a questionnaire sent to 285 provincial and district government asset managers using a Google form; 229 questionnaires were returned. Structural equation modelling (SEM) was employed to analyze the complex relationships and the hypotheses. The results reveal that institutional factors are not strong enough to optimize the utilization of tangible assets without having deep Sharia ethics. It meant that Sharia ethics is necessary for strengthening the relationship between the institutional factors and the optimization of government asset management in provincial, regency, and municipal governments. The results provide recommendations for provincial, regency, and municipal governments to develop appropriate and reasonable regulations and standards for optimizing asset management within the Aceh government.