POTENTIAL FACTORS INFLUENCE FAILURE OF THE VILLAGE-OWNED BUSINESS: THE ENTITY VILLAGE AUTONOMY OF INDONESIAN GOVERNMENT'S PROGRAM
Received: 17th October 2023; Revised: 29th December 2023, 09th February 2024; Accepted: 11th February 2024
Keywords:
The Village-Owned, Failure, Development, Governance, Human ResourceAbstract
This study investigates the variables that might impact the village-owned business (BUMDes) failure. A qualitative study explores the variables that might impact (BUMDes) Failure. Exploration of factors which has the potential to affect the Failure of BUM Villages are arranged based on a qualitative study by collecting data and information using interviews with characters BUM Desa management figures, key related to the management of the village-owned business (BUMDes) Village. This research was conducted in Central Java Province with a failed sample of BUMDes in 10 districts in Indonesia, namely Pekalongan, Tegal, Purbalingga, Banjarnegara, Banyumas, Brebes, Cilacap, Jepara, Demak, and Surakarta uses a qualitative approach. This research technique uses a purposive sampling technique. Data collection technique Observation method, interview method, and documentation method. The interview technique that has been conducted was a semi-structured interview, which means that the informants had been informed in advance. First, an overview of the questions to be asked. Using triangulation validation of the basic data comprehension, integrated related data, identified patterns, and produced thematic data. The findings of this study suggest that the following variables may have an impact on BUM Desa's Failure: pandemic-related government regulations, flexible business models, unprofessional governance in the village-owned business (BUMDes), and the vision of the village-owned business (BUMDes) not yet visionary, low community involvement, low human resource capacity and skills at the village-owned business (BUMDes), effective village leadership, agility-deficient village leaders' mind-sets, precarious macroeconomic conditions, harmful externalities from government policies, and unfavourable village local political climate.
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