At the local government level, activities related to regional autonomy and
decentralization go beyond merely implementing financial decentralization from the
Central Government to Local Governments or Local Governments to Local Government
Work Units (SKPD). It also includes the decentralization of asset management at the
regional business unit level. The Regional State-Owned Enterprise (Perseroda) of South
Sulawesi Province, as one of the units of Regional-Owned Enterprises, requires proper
governance to promote regional autonomy and optimize regional revenue. Therefore,
it is crucial to implement good governance principles to ensure accountable financial
and asset management, which represents a government’s success in providing public
services. The implementation of good governance principles includes accountable,
transparent, and law-abiding asset management. This study aims to analyze the
application of the values and principles of good governance in asset management
within the Perseroda of South Sulawesi Province. The study adopts a qualitative
approach, and data are collected through interviews, observations, and document
analysis. The data analysis technique is an interactive model, with data validity tested
through triangulation. The results indicate that the application of values and principles
of good governance in asset management still needs improvement due to constraints
related to the quality of human resources and the adoption of technology in asset
management. Efforts to enhance the quality of human resources, employee motivation,
socialization, and control mechanisms for implementing good corporate governance
must be optimized, with the aim of integrating these principles and values within the
body of Perseroda in South Sulawesi Province