Page 109 - SUSTAINABILITY ISSUES & COVID-19

16 Accountability and Transparency in the

Transition of Housing Savings Management

Ariska Purnamawati

PURPOSE

This study discusses to analyze the accountability and transparency of the management of Housing Savings in the
transition from “Agency B” to “Agency T”, and provide recommendations to the “Agency T” regarding the weaknesses of
the implementation of accountability and transparency in the management of Housing Savings in the transition from
“Agency B” to “Agency T”.

STUDY DESIGN/METHODOLOGY/APPROACH

This study apply stakeholder theory as the basic concept of research in which members stakeholders is a key component
of the preparation programs Housing Savings fund management in the preparation of “Agency T”’s operations. In this
transition process, conditions of governance in the “Agency B” related to former members fund management “Agency B”
should be further enhanced so that accountability and transparency transition “Agency B” to “ Agency T “ implemented
and accountable. With the transition from “Agency B” to “Agency T” which is accountable and transparent, it is expected
that it can provide value for members to obtain more benefits and better service improvement. This research uses a
case study approach. The method used in this study is descriptive analysis. This study uses data collection through
interviews and review documents. Interviews based on the principles of accountability and transparency in the main
guidelines for the implementation of the National Committee on Governance Policy (KNKG) are conducted to official in
the “Agency T” whose function, tasks and authority are believed to be able to answer the research problems. Document
review is carried out on documents that can also provide information in the analysis of accountability and transparency
in the management of housing savings in the transition from “Agency B” to “Agency T”. This study uses a single unit
of analysis is “Agency T” which is currently in the process of transitioning the management of Housing Savings from
“Agency B”.

FINDINGS

The results of this study indicate that accountability in the process of transition “Agency B” to “Agency T” is still not
sufficiently well implemented. While in terms of transparency, the “Agency T”is already quite transparent in carrying
out the transition process. If the transition is carried out with good accountability and transparency, the “Agency T”
will have a strong foundation to carry out the implementation of Housing Savings in order to realize the objectives of
Housing Savings future. By prioritizing ex-Agency B member as the main stakeholders in carrying out the transition to
the management of Housing Savings, it is expected that ex-Agency B member can obtain better benefits as mandated
in the Law on Housing Savings Implementation.

ORIGINALITY/VALUE

This study is limited to the discussion on accountability and transparency in the management of Housing Savings in
the transition from “Agency B” to “Agency T” rather than the process of implementing Housing Savings. At the time of
this study “Agency B” had been liquidated but “Agency T” was not yet operational. Further study should be carried out
when “Agency T” is fully operational in order to be able to measure the success of the transfer process of “Agency B”
to “Agency T”, that the transfer process carried out with the principles of accountability and transparency becomes a
strong foundation for “Agency T” in operating with good governance to achieve the objectives of the Housing Savings.

Keywords
accountability, housing savings, stakeholder theory, transition, transparency.

JEL Classification
1 Economic Development
16 Corporate Finance and Governance

108 International Conference on Sustainability
(5 Sustainability Practitioner Conference)
Th