Constraints to the Implementation of Good Corporate Governance in State-Owned Enterprises Towards a Society Era 5.0 : Case Study in Indonesia

The purpose of this research is to uncover the implementation of good corporate governance in the Republic of Indonesia's state-owned enterprises. State-owned enterprises were established to aid economic development. The primary function of state corporations is to manage and produce goods and services that are critical to the Indonesian people. Many business entities have succeeded in carrying out their functions, but some have failed. This study looks at the barriers to applying good corporate governance principles in state-owned enterprises. This is qualitative research with a descriptive approach. Using literature studies and document studies to collect research data. According to the study's findings, the main barriers to implementing good corporate governance principles are nepotism and corruption. In addition, human resource competence remains low.