The potential of BUMDesa as a legal entity listed on the stock market to achieve village economic resilience
Keywords:
BUMDesa Development, Stock market, Village economy developmentAbstract
As a legal entity owned by the village, BUMDesa has several obstacles in running its business, one of which is related to business capital. The purpose of this research is to see whether the legal regulations in Indonesia make it possible to make BUMDESA as one of the business entities that can be listed on the Indonesian stock exchange in increasing its business capital. This research uses normative research with a statute approach, conceptual approach and comparative approach. BUMDESA as a business entity in the form of its own legal entity cannot be listed on the stock exchange because it conflicts with capital market regulations in Indonesia where capital market regulations require companies listed on the stock exchange to be in the form of a Limited Liability Company, so that only BUMDESA business units that have their own legal entity in the form of a Limited Liability Company can be list.
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