Engineering performance evaluation model in thecontext of bumdes policy formulation: A studyfrom the perspective of the political economyof accounting management theory

The purpose of this study is to engineer a regional policy model for Village-Owned Enterprises (abbreviated as BUMDes) which is based on the Political Economy of Accounting (PEA) in order to empower rural communities. The location of the study was conducted in the Malang RegencyOwned Enterprises. This research is a quantitative descriptive study with the design of several case studies in Balang district. As for research informants, this includes elements of the sub-district government, village government, BUMDes management, and BUMDes members. The results of this study are BUMDes policy formulation models based on the Political Economy of Accounting and aimed at empowering rural communities in Malang Regency. The theoretical approach used to build this model is the PEA theory with two theoretical approaches such as the premise of the theory of power distribution and the premise of the theory of wealth distribution at the sub-district, village level, BUMDes management, and BUMDes members. The design of theoretical models in this study can be seen from the implementation of the model that starts with the performance appraisal process, the results of performance appraisal, compilation of recommendations, policy formulation, and finally, empowerment of rural communities.