Performance of state-owned enterprises in Indonesia: The impact of government involvement
Access Status
Open access
Authors
Puspasari, Rahayu
Date
2014Supervisor
Prof. Evans
Robert Thomas
Type
Thesis
Award
PhD
Metadata
Show full item recordSchool
Graduate School of Business
Collection
Abstract
The study investigates whether government intervention in Indonesian State Owned Enterprises (SOEs) governance, financial, and regulatory framework impact on performance. Agency theory is used to construct the ten hypotheses. The 125 SOEs are examined using data from 2007-2009 SOE financial reports and government documents. Semi-structured interviews are conducted to corroborate findings of the main analysis. The quantitative findings and interview results support noting strong government involvement in the SOEs various governance, financial and regulatory activities.
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