Abstract:
This paper describes the efforts to strengthen regional revenue from separated regional assets, after the
local government investment through the Limited Liability Company Flobamor as a RegionallyOwned Enterprise in strengthening the source of Regional Original Income in East Nusa Tenggara
Province. This paper is the result of research with the formulation of the main problems (1) What are
the legal implications of the existence of local government authority on the management of regional
companies in the Flobamor Limited Liability Company, East Nusa Tenggara? and how are the efforts
to overcome the legal implications for the management of regional companies in the Limited Liability
Company, Flobamor, East Nusa Tenggara? The research method used is descriptive legal research
with the type of normative-empirical legal research or applied law research.
It was found that the regional government of East Nusa Tenggara as the shareholder was the General
Meeting of Shareholders, because according to the rules of the Limited Liability Company, the
Regional Government as the General Meeting of Shareholders was not submitted to the Directors and
Commissioners of the Flobamor Limited Liability Company so it was difficult to find significant
regional revenue. It was also found that the fundamental thing that local governments have is a strategic
position in decisions to make capital participation, increase and decrease capital and share company
profits. Meanwhile, regional company capital originating from separated regional assets results in a
permanent investment of capital from the regional government without any efforts to maximize local
revenue through the limited liability company in the Flobamor area of East Nusa Tenggara. It is hoped
that supervision from the regional legislature and the community will immediately control regional
capital participation through the Flobamor Regional Limited Liability Company, East Nusa Tenggara.
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