BUMN has a long history and is the result of government nationalization of companies netherland (written in law no 86/1958 about nationalizing companies belonging to the netherlands) and there are a number of BUMN was established by government of indonesia to improve the welfare of society indonesia. to remember the long history of BUMN and its main role is to improve the walfare of society indonesia which the conditions and the performance of BUMN is perceived not optimal as well as operational activities in BUMN are still fragmented and bureaucratic culture that causes less market-oriented enterprises, quality and business perfomance so that productivity and utulity assets also is very low as well as most BUMN stil have marketing and distribution systems that are less well coordinate. therefore, the principles of good coporate governance (transparency, accountability, responsibility, independency) in BUMN should continue to be established so that is truly becomes a BUMN corporate culture.