Rural Assets Administration and Establishment of Village-Owned Enterprises for the Enhancement of Rural Economy


  • I Made Sara Universitas Warmadewa
  • A. A. Ketut Jayawarsa Warmadewa University
  • Komang Adi Kurniawan Saputra Warmadewa University



administration, village-owned enterprises, village economy, village development


This research aimed to examine the effect of village-owned asset administration and the formation of village-owned enterprises on improving the economy of rural communities. This research was conducted in Bali Province with a population of 636 villages. Furthermore, a sampling technique using proportionate stratified random sampling found 87 samples of the study. With a survey research design using a questionnaire, the data is collected directly by the researcher towards the respondent. The collected data were analyzed using multiple linear regression techniques. This study indicates that the administration of village assets and the formation of village-owned enterprises have a significant positive effect on improving the rural economy. The contribution of the research is to develop policy theory that is used as a basis for research discussion and practical contributions to be used as village observers, village practitioners, and village government as a basis for decision making and village entrepreneurship development for community welfare. The administration of village assets aims to ensure that all village assets under the control of the asset manager are recorded properly. In this research, suggestions for improving regulations governing the management of village assets can be suggested.


Download data is not yet available.


Metrics Loading ...


Abdurahman, B. (2017). Authoritative Agency for Tourism Zone: An Innovative Instrument for Destination Development? Jurnal Bina Praja, 9(1), 15–27.

Ali, S. Z. (2019). The Management Model of Aceh’s Special Autonomy Fund. Jurnal Bina Praja, 21, 159–170.

Andhika, L. (2017). Negative Effects of Open Government: A Meta-Theory Analysis (Good Governance in Relation to Open Government Initiatives). Jurnal Bina Praja, 9(2), 219–229.

Arora-Jonsson, S., & Larsson, O. (2021). Lives in limbo migrant integration and rural governance in Sweden. Journal of Rural Studies, 82, 19–28.

Atmadja, A. T., & Kurniawan Saputra, K. A. (2018). The influence of role conflict, complexity of assignment, role obscurity and locus of control on internal auditor performance. Academy of Accounting and Financial Studies Journal, 22(5), 1–5.

Atmadja, A. T., Saputra, K. A. K., & Koswara, M. K. (2018). The Influence Of Village Conflict, Village Apparatus Ability, Village Facilitator Competency And Commitment Of Local Government On The Success Of Budget Management. Academy of Accounting and Financial Studies Journal, 22(1), 1–11.

Atmadja, A. T., Saputra, K. A. K., Tama, G. M., & Paranoan, S. (2021). Influence of Human Resources, Financial Attitudes, and Coordination on Cooperative Financial Management. Journal of Asian Finance, Economics and Business, 8(2), 563–570.

Cruz, P. D. La, Acosta, L. E., Mendoza, D., Baltazar, E. B., Arce Ibarra, A. M., & Lugo, E. I. J. E. (2020). Indicators of well-being among indigenous peoples of the Colombian Amazon: Tensions between participation in public policy making and autonomy. Environmental and Sustainability Indicators, 7(March), 100044.

De Jong, T. U., & Sauerwein, T. (2021). State-owned minerals, village-owned land: How a shared property rights framework helped formalize artisanal diamond miners in Côte d’Ivoire between 1986 and 2016. Resources Policy, 70, 101920.

Desmaryani, S. (2017). The Role of Regional Government in Growing Small and Medium Enterprises’ Performance towards Creative Industry in Jambi Province. Jurnal Bina Praja, 9(1), 159–169.

Dewi, L. K. Y. (2014). Modeling the Relationships between Tourism Sustainable Factor in the Traditional Village of Pancasari. Procedia - Social and Behavioral Sciences, 135, 57–63.

Dewi, P. E. D. M., Saputra, K. A. K., & Prayudi, M. A. (2017). Optimalisasi Pemanfaatan dan Profesionalisme Pengelolaan Aset Desa dalam Meningkatkan Pendapatan Asli Desa. Jurnal Ilmiah Akuntansi, 2(2), 129–147.

Dobre, R., Cîrstea, A. C., & Drăcea, M. V. (2014). Study of Life Annuity Program Impact on Rural Economy Development. Procedia Economics and Finance, 16(May), 342–347.

Felani, M. (2017). Jakarta Urbanization Control in Human Rights Perspective. Jurnal Bina Praja, 9(1), 63–72.

Fu, C., Cao, Y., & Tong, J. (2020). Biases towards water pollution treatment in Chinese rural areas—A field study in villages at Shandong Province of China. Sustainable Futures, 2(December 2019), 100006.

Furqoni, I., & Rosyadi, S. (2019). Collaborative Governance in Corporate Social Responsibility Forum in Banyumas Regency. Jurnal Bina Praja, 21, 209–217.

Gibson, M. R. (2018). An Analysis of Fraud Prevention and Detection in Not-for-profit Organization in The State of South Carolina (Issue May). Liberty University.

Hardy, P. Y., Dray, A., Cornioley, T., David, M., Sabatier, R., Kernes, E., & Souchère, V. (2020). Public policy design: Assessing the potential of new collective Agri-Environmental Schemes in the Marais Poitevin wetland region using a participatory approach. Land Use Policy, 97(April), 104724.

Haryanto, J. (2017). Comparative Analysis of Financial Performance in Fiscal Decentralization Era Among Natural and Non-Natural Resources Region. Jurnal Bina Praja, 9(2), 171–184.

Islam, A., Rashid, M. H. U., Hossain, S. Z., & Hashmi, R. (2020). Public policies and tax evasion: evidence from SAARC countries. Heliyon, 6(11), e05449.

Karmawan. (2017). Role and Contribution of Village Financial Management to Realize Transparency And Accountable Village Budgeting Revenue And Expenditure District of West Bangka. Advances in Economics, Business and Management Research, 46(1), 293–299.

Kartika, R. S. (2017). Local Government Readiness in Developing SIDa Roadmap in Banten, West Sumatera, and Bali. Jurnal Bina Praja, 9(1), 127–136.

Laplane, A., & Mazzucato, M. (2020). Socializing the risks and rewards of public investments: Economic, policy, and legal issues. Research Policy: X, 2(March), 100008.

Lima, P. de M., Morais, M. F. de, Constantino, M. A., Paulo, P. L., & Magralhães Filho, F. J. C. (2021). Environmental assessment of waste handling in rural Brazil: Improvements towards circular economy. Cleaner Environmental Systems, 2(August 2020), 100013.

Mahmud, M., & Riley, E. (2021). Household response to an extreme shock: Evidence on the immediate impact of the Covid-19 lockdown on economic outcomes and well-being in rural Uganda. World Development, 140(March 2020), 105318.

Nahar, H. S., & Zulkeppeli, N. A. F. (2015). Questioning Public Policy’s “Maintained Assumption”: The Case of Governance Rules Impacting Regulatory Sanctions Among Capital Market Players in Malaysia. Procedia Economics and Finance, 31(15), 313–324.

Nezakati, H., Moghadas, S., Aziz, Y. A., Amidi, A., Sohrabinezhadtalemi, R., & Jusoh, Y. Y. (2015). Effect of Behavioral Intention toward Choosing Green Hotels in Malaysia – Preliminary Study. Procedia – Social and Behavioral Sciences, 172, 57–62.

Paellorisky, M., & Solikin, A. (2019). Village Fund Reform: A Proposal for More Equitable Allocation Formula. Jurnal Bina Praja, 21, 1–13.

Pasande, M., & Suhendra, A. (2017). The Strengthening of Region Competitiveness by Implementing City Branding in Yogyakarta. Jurnal Bina Praja, 9(1), 115–126.

Peng, C., Ma, B., & Zhang, C. (2021). Poverty alleviation through e-commerce: Village involvement and demonstration policies in rural China. Journal of Integrative Agriculture, 20(4), 998–1011.

Perlaviciute, G., & Squintani, L. (2020). Public Participation in Climate Policy Making: Toward Reconciling Public Preferences and Legal Frameworks. One Earth, 2(4), 341–348.

Popescu, D.-L. (2014). Subsistence/Semi-subsistence Agricultural Exploitations: Their Roles and Dynamics within Rural Economy/Rural Sustainable Development in Romania. Procedia Economics and Finance, 16(May), 563–567.

Prafitri, N., Setyoko, P. I., & Puspita, D. R. (2018). The business management of the village government in managing Village Owned Enterprise. Masyarakat Kebudayaan Dan Politik, 31(3), 328–338.

Rashid, A. (2016). Managerial Ownership and Agency Cost: Evidence from Bangladesh. Journal of Business Ethics, 137(3), 609–621.

Remoaldo, P., Serra, J., Marujo, N., Alves, J., Gonçalves, A., Cabeça, S., & Duxbury, N. (2020). Profiling the participants in creative tourism activities: Case studies from small and medium sized cities and rural areas from Continental Portugal. Tourism Management Perspectives, 36(May), 100746.

Richter, R. (2019). Rural social enterprises as embedded intermediaries: The innovative power of connecting rural communities with supra-regional networks. Journal of Rural Studies, 70(November 2017), 179–187.

Rivai, A. (2017). Indonesia After Joko Widodo: The Increase in Politics and Public Administration. Jurnal Bina Praja, 9(2), 255–264.

Saputra, K. A. K., Anggiriawan, P. B., Sanjaya, I. K. P. W., Jayanti, L. G. P. S. E., & Manurung, D. T. H. (2019). The Role of Human Resource Accounting and the Synergy of Village Government in Village Fund Management. Journal of Advance Research in Dynamical and Control System, 11(11), 303–309.

Saputra, K. A. K., Dewi, P. E. D. M., Larasdiputra, G. D., Manurung, D. T. H., & Amani, T. (2020). Preventing Fraudulent Use of Funds Management Operational Support Education. International Journal of Psychosocial Rehabilitation, 24(06), 12180–12186.

Saputra, K. A. K., Jayawarsa, A. A. K., & Anggiriawan, P. B. (2019). Asset Dan Profesional I Sme Untuk Meningkatkan Pendapatan Asli Daerah ( PAD ). Jurnal Riset Akuntansi Dan Bisnis Airlangga, 4(1), 607–622.

Saputra, K. A. K., Rumini, D. A., Suarka, I. B. K., & Jayawarsa, A. A. K. (2020). Quality Asset Management and Asset Identification to Increase Village Income. Productivity Management, 25(4), 42–51.

Saputra, K. A. K., Sara, I. M., Jayawarsa, A. A. K., & Pratama, I. G. S. (2019). Management of Village Original Income in The Perspective of Rural Economic Development. International Journal of Advances in Social and Economics, 1(2), 52.

Saputra, K. A. K., Subroto, B., Rahman, A. F., & Saraswati, E. (2020). Issues of morality and whistleblowing in short prevention accounting. International Journal of Innovation, Creativity and Change, 12(3), 77–88.

Sara, I. M., Saputra, K. A. K., & Jayawarsa, A. A. K. (2020). Regulatory Impact Assessment Analysis In Traditional Village Regulations As Strengthening Culture In Bali. International Journal of Environmental, Sustainability, and Social Sciences, 1(3), 16–23.

Sara, I. M., Saputra, K. A. K., & Larasdiputra, G. D. (2021). Community Service Activities For Development Of ( A Study Based On Community Service In Siangan Village , Gianyar ). Palarch’s Journal Of Archaeology Of Egypt/Egyptology, 18(4), 6358–6369.

Sara, I. M., Saputra, K. A. K., & Utama, I. W. K. J. (2020). Improving Economic Development Through The Establishment Of Village- Business Enterprises. Journal of Advanced Research in Dynamical and Control Systems, 12(06), 3032–3039.

Şerbu, R. S. (2014). An Interdisciplinary Approach to the Significance of Digital Economy for Competitiveness in Romanian Rural Area Through E-agriculture. Procedia Economics and Finance, 16(May), 13–17.

Sujana, E., Saputra, K. A. K., & Manurung, D. T. H. (2020). Internal control systems and good village governance to achieve quality village financial reports. International Journal of Innovation, Creativity and Change, 12(9), 98–108.

Sulista, S. (2019). The Sustainability of Livelihoods of Villages around the Tin Mine in Bangka Islands. Jurnal Bina Praja, 21, 43–52.

Tu, Z., Hu, T., & Shen, R. (2019). Evaluating public participation impact on environmental protection and ecological efficiency in China: Evidence from PITI disclosure. China Economic Review, 55(March), 111–123.

Watts, J. D., Tacconi, L., Irawan, S., & Wijaya, A. H. (2019). Village transfers for the environment: Lessons from community-based development programs and the village fund. Forest Policy and Economics, 108(December 2018), 101863.

Xu, Z., Gao, X., Wang, Z., Gilroy, R., & Wu, H. (2018). An investigation of non-local-governed urban villages in China from the perspective of the administrative system. Habitat International, 74(February), 27–35.

Yang, B., Feldman, M. W., & Li, S. (2020). The status of perceived community resilience in transitional rural society: An empirical study from central China. Journal of Rural Studies, 80, 427–438.




How to Cite

Sara, I. M., Jayawarsa, A. A. K., & Saputra, K. A. K. (2021). Rural Assets Administration and Establishment of Village-Owned Enterprises for the Enhancement of Rural Economy. Jurnal Bina Praja: Journal of Home Affairs Governance, 13(1), 81-91.