The Dynamics of State-Owned Enterprises, Corporate Law, and the Challenges of Natural Resource Management in Indonesia: A Literature Review
Keywords:
corporate law, SOEs, natural resourcesAbstract
Indonesia is continually striving to achieve sustainable development that balances economic growth, environmental preservation, and societal well-being. Law plays a crucial role in harmonizing diverse interests, including those related to corporate regulation and natural resource management. This study analyzes the dynamics of corporate law and natural resource governance in Indonesia through a qualitative literature review. The findings reveal a range of challenges, such as the optimization of state-owned enterprise (SOE) governance, the implementation of Good Corporate Governance (GCG) in limited liability companies, as well as legal protection and enforcement concerning natural resources. This study recommends the need for comprehensive and sustainable legal reforms to achieve equilibrium between economic development, public welfare, and environmental sustainability.
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