Performance of State Owned Enterprises in Indonesia and Malaysia

Performance of State Owned Enterprises in Indonesia and Malaysia
Author: Citra Sukmadilaga
Publisher:
Total Pages: 9
Release: 2017
Genre:
ISBN:

Objective - The purpose of this research is to measure performance of State-owned Enterprises that listed in Bursa Malaysia and Indonesian Stock Exchange.Methodology/Technique - The economic performance will be measured by DEA. This study was employed technical efficiency and Malmquist Productivity Index. Period of this study was conduct from 1992 to 2007, consist of three periods: a) Pre Crisis, b) Crisis, and c) Post Crisis.Findings - For Indonesia's SOEs, the conclusion over the periods of study that the technical efficiency of SOEs improved, especially in period of Crisis, when government injected direct subsidies in order to enable SOEs maintain their performances. Meanwhile, the result for Malaysia's SOEs sample demonstrates that over the periods of study, technical efficiency of SOEs was also improved. The improvement from Pre-crisis to Crisis period was not only due to some enterprises having early recovery compared to others but also government supported SOEs during crisis, by getting lower investment and export financing cost and purchasing and sales preference.Novelty - There is lack of studies on State-owned Enterprises productivity in this region, so this study can fill this research gap and provide a useful reference to policy makers and users.Type of Paper: Empirical.

Unlocking the Economic and Social Value of Indonesia’s State-Owned Enterprises

Unlocking the Economic and Social Value of Indonesia’s State-Owned Enterprises
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 116
Release: 2022-12-01
Genre: Political Science
ISBN: 9292698044

This report provides an analysis of Indonesia's state-owned enterprises (SOEs), explores their prominent economic and social role, and explains how further reforms can unlock their commercial and developmental potential. Acting as a diagnostic to help inform the government's SOE reform agenda, the report emphasizes the need to strengthen governance and refine incentives. Explaining how SOEs have the potential to help solve core challenges around building infrastructure or tackling climate change, it shows how strengthening SOEs through targeted measures can ensure they better support Indonesia's pandemic recovery and drive stronger economic growth.

Reforms, Opportunities, and Challenges for State-Owned Enterprises

Reforms, Opportunities, and Challenges for State-Owned Enterprises
Author: Edimon Ginting
Publisher: Asian Development Bank
Total Pages: 355
Release: 2020-07-01
Genre: Business & Economics
ISBN: 9292622838

State-owned enterprises (SOEs) play significant roles in developing economies in Asia and SOE performance remains crucial for economy-wide productivity and growth. This book looks at SOEs in Azerbaijan, Indonesia, Kazakhstan, the People's Republic of China, and Viet Nam, which together present a panoramic view of SOEs in the region. It also presents insights from the Republic of Korea on the evolving role of the public sector in various stages of development. It explores corporate governance challenges and how governments could reform SOEs to make them efficient drivers of the long-term productivity-induced growth essential to Asia's transition to high-income status.

Reforming State-Owned Enterprises in Asia

Reforming State-Owned Enterprises in Asia
Author: Farhad Taghizadeh-Hesary
Publisher: Springer Nature
Total Pages: 341
Release: 2021-02-23
Genre: Political Science
ISBN: 9811585741

This book analyzes state-owned enterprises (SOEs), which are still significant players in many Asian economies. They provide essential public services, build and operate key infrastructure, and are often reservoirs of public employment. Their characteristics and inherent competitive advantages as publicly owned enterprises allow them to play these critical roles. Their weaknesses in governance and inefficiencies in incentive structures, however, also often lead to poor performance. SOEs must be efficient, transparent, and accountable to level the playing field for private companies, secure the growth of a vibrant private sector, and achieve sustained and inclusive economic growth. This book analyzes the reform of SOEs in Asia, the results of which are mixed. The volume concludes that some key conditions generally need to be met for SOE reforms to be successful: national bureaucracies must have the capacity to implement the reforms, and adverse impacts on international trade and investment must be avoided.

Law and Public Enterprise in Asia

Law and Public Enterprise in Asia
Author: International Legal Center
Publisher: Praeger Publishers
Total Pages: 80
Release: 1976
Genre: Business & Economics
ISBN:

Conference report on public enterprise and the role of law in India, Indonesia, Malaysia and Sri Lanka - covers such aspects as control and regulation, financial supervision, business organization and management, the need for research and training, etc. References. Conference held in colombo 1974 may 26 to 31.

The Impact of Government Support on the Performance of Indonesia's State-owned Enterprises

The Impact of Government Support on the Performance of Indonesia's State-owned Enterprises
Author: Hendro Nugroho
Publisher:
Total Pages:
Release: 2019
Genre:
ISBN:

This study analyzes the impact of government support on the financial performance of Indonesia's state-owned enterprises (SOEs). I employ the ordinary least square (OLS) method with firm and year fixed effects in addition to clustered standard errors. The findings show that government support for SOEs does not have a significant effect on their financial performance. This study finds that the government should examine its investment policy to support SOEs and consider designing a proper government support policy to generate higher SOE financial performance.

State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges

State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges
Author: Mr. Ernesto Ramirez Rigo
Publisher: International Monetary Fund
Total Pages: 153
Release: 2021-09-20
Genre: Business & Economics
ISBN: 1513594087

Prior to the COVID-19 shock, the key challenge facing policymakers in the Middle East, North Africa, and Central Asia region was how to generate strong, sustainable, job-rich, inclusive growth. Post-COVID-19, this challenge has only grown given the additional reduction in fiscal space due to the crisis and the increased need to support the recovery. The sizable state-owned enterprise (SOE) footprint in the region, together with its cost to the government, call for revisiting the SOE sector to help open fiscal space and look for growth opportunities.

Corporate Governance of State-Owned Enterprises

Corporate Governance of State-Owned Enterprises
Author: World Bank Publications
Publisher: World Bank Publications
Total Pages: 391
Release: 2014-10-02
Genre: Business & Economics
ISBN: 1464802297

This Toolkit provides an overall framework with practical tools and information to help policymakers design and implement corporate governance reforms for state-owned enterprises. It concludes with guidance on managing the reform process, in particular how to prioritize and sequence reforms, build capacity, and engage with stakeholders.

Corporate Governance, State Ownership and Firm Performance

Corporate Governance, State Ownership and Firm Performance
Author:
Publisher:
Total Pages: 7
Release: 2018
Genre:
ISBN:

Objective - The purpose of this research is to determine the effect of good corporate governance (GCG) on Indonesia's SOEs and the influence of state ownership on company performance.Methodology/Technique - This study examines State Owned Enterprises in Indonesia that were listed on the Indonesia Stock Exchange between 2011 and 2015.Findings - The empirical results show that GCG and state ownership both have a positive influence on the company's financial performance (in this case, Return On Assets). However, the percentage of state ownership has a negative effect on the relationship between Good Corporate Governance and Return On Assets.Novelty - One agency cost is monitoring expenditure by the principal. Privatization is one way to improve the performance of SOEs. Privatization is believed to improve the performance of SOEs, as a result of increased supervision of the performance of SOEs in Indonesia.