Privatization and Financial Performance: Evidence from Indonesia

被引：0
|
作者：
Khajar, Ibnu [1 ]
Hersugondo, Hersugondo [2 ]
Udin, Udin [3 ]
机构：
[1] Univ Islam Sultan Agung, Semarang, Indonesia
[2] Univ Diponegoro, Semarang, Indonesia
[3] Univ Muhammadiyah Yogyakarta, Yogyakarta, Indonesia
来源：
QUALITY-ACCESS TO SUCCESS | 2019年 / 20卷 / 173期
关键词：
privatization; net profit margin; return on asset; return on equity; MARKET;
D O I：
暂无
中图分类号：
C93 [管理学];
学科分类号：
12 ; 1201 ; 1202 ; 120202 ;
摘要：
The main purpose of this study is to investigate the realtionship between privatization of state-owned enterprises (SOEs) and financial performance. Net profit margin (NPM) is used to assess the efficiency level whereas return on asset (ROA) and return on equity (ROE) are used to assess the level of profitability for financial performance evaluation. Based on purposive sampling, 19 SOEs are obtained as the sample. The results showed NPM and ROA decreased significantly after the privatization. In conclusion, SOEs in Indonesia has not been realized perfectly.
引用
收藏
页码：107 / 110
页数：4
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