SUMMARY
Abstract:State-owned enterprises (SOEs or BUMN) companies need management which generally emphasizes governance which is more concerned with the principles of efficiency and effectiveness. In reality, it is evident that in Indonesia state-owned companies have an enormous economic and social role, and are an extraordinary force for the economic sector. In Singapore and Malaysia, SOEs also contribute greatly to economic activities. In Indonesia, SOEs are included in several diverse sectors or fields of business, from banking, energy, food, infrastructure, and transportation on sea, land, and air. A total of 118 SOEs in 2015 with a total asset of 5,395 trillion rupiahs would certainly be able to make a greater contribution to economic growth in 2016 if they can synergize in managing the business sector. SOEs' assets are also estimated to be greater through the SOE asset revaluation process. The Constitutional Court in case number 48 / PUU-XI / 2013 and case No. 62 / PUU-X1 / 2013 dated May 22, 2013, decided that management SOEs must use the principle of Business Judgment Rule. In the verdict, it is also stated that state-owned finances are state finance. As a result, this verdict brings legal certainty about the position of SOEs' finance. This paper explains that the development of state-owned enterprises-SOEs as a corporation that brings social and business missions is facing constitutional juridical problems and facing the challenges of globalization. Factually, at this time legal development cannot be separated from the influence of globalization. Globalization in the economic field has affected various fields of the business sector in the world.Keywords: State-Owned Enterprises; Globalization; Economic Law; Principle; Business Judgment Rule; Corporation; Indonesia. Abstrak:Badan Usaha Milik Negara (BUMN) membutuhkan manajemen yang umumnya menekankan tata kelola yang lebih mementingkan prinsip efisiensi dan efektivitas. Pada kenyataannya, terbukti bahwa di Indonesia perusahaan milik negara memiliki peran ekonomi dan sosial yang sangat besar, dan merupakan kekuatan dan pendorong ekonomi yang luar biasa. Di Singapura dan Malaysia, BUMN juga berkontribusi besar pada kegiatan ekonomi. Di Indonesia, BUMN termasuk dalam sejumlah sektor atau bidang usaha yang beragam, mulai dari perbankan, energi, makanan, infrastruktur, dan transportasi, baik laut, darat dan udara. Sebanyak 118 BUMN pada 2015 dengan total aset Rp5.395 triliun tentu akan mampu memberikan kontribusi yang lebih besar bagi pertumbuhan ekonomi 2016 jika mereka bisa bersinergi dalam mengelola sektor bisnis. Aset BUMN juga diperkirakan lebih besar melalui proses revaluasi aset BUMN. Mahkamah Konstitusi dalam kasus nomor 48/PUU-XI/2013 dan kasus No. 62/PUU-X1/2013 tanggal 22 Mei 2013, memutuskan bahwa manajemen BUMN harus menggunakan prinsip Aturan Penilaian Bisnis. Dalam putusan itu, dinyatakan juga bahwa keuangan milik negara adalah keuangan negara. Akibatnya, putusan ini membawa kepastian hukum tentang posisi keuangan BUMN. Makalah ini menjelaskan bahwa pengembangan BUMN sebagai perusahaan yang melakukan misi sosial dan bisnis menghadapi masalah yuridis konstitusional dan menghadapi tantangan globalisasi. Secara faktual, saat ini perkembangan hukum tidak dapat dipisahkan dari pengaruh globalisasi. Globalisasi di bidang ekonomi telah mempengaruhi berbagai bidang sektor bisnis di dunia.Kata kunci: Perusahaan Milik Negara; Globalisasi; Hukum Ekonomi; Prinsip; Aturan Penilaian Bisnis; Perusahaan; Indonesia. ?????????:BUMN ????????? ? ??????????, ???????, ??? ???????, ?????? ???? ?? ???????? ????????????? ? ????????????????. ?? ????? ???? ????????, ??? ? ????????? BUMN ?????? ???????? ????????????? ? ?????????? ???? ? ???????? ?????????????? ????? ? ????????????? ??????????. ? ????????? ? ???????? BUMN ????? ?????? ??????? ????? ? ????????????? ????????????. ? ????????? BUMN ?????? ? ??? ????????? ???????? ??? ???? ???????, ????? ??? ?????????? ????, ??????????, ??????????????, ?????????????? ? ?????????, ??? ???????, ???????? ? ?????????. ? ????? ????????? 118 BUMN ? 2015 ???? ? ????? ??????? 5,395 ?????????? ?????, ??????????, ?????? ?????? ??????? ????? ? ????????????? ???? ? 2016 ????, ???? ??? ?????? ?????????? ?????? ? ?????????? ??????-????????. ?????? BUMN ????? ??????????? ??? ????? ???????? ? ???????? ?????????? ??????? BUMN. ??????????????? ??? ?? ???? ? 48/PUU-XI/2013 ? ???? ? 62/PUU-X1/2013 ?? 22 ??? 2013 ?. ??????????, ??? ??????????? BUMN ?????? ???????????? ??????? ??????? ???????? ????????. ? ????????????? ????? ???????????, ??? ??????? BUMN ???????? ???????????????? ?????????. ? ?????????? ??? ??????? ?????? ??????????? ?????????????? ? ????????? ????????? ???????? BUMN. ? ???? ?????? ???????????, ??? ???????? BUMN ??? ??????????, ??????????? ?????????? ? ??????-??????, ???????????? ? ???????????????? ???????????? ?????????? ? ?????????? ????????????. ??????????, ? ????????? ????? ???????? ???????? ?????????? ???????? ?? ??????? ????????????. ???????????? ? ????????????? ????? ???????? ?? ????????? ????? ??????? ? ????.???????? ????? : ??????????????? ???????????; ????????????; ????????????? ?????; ???????; ??????? ???????? ????????; ??????????; ?????????.