KINERJA FINANSIAL DAN OPERASIONAL BADAN USAHA MILIK NEGARA YANG GO PUBLIC

Tona Aurora Lubis

Abstract


The main purpose of this study was to find out the effects of public ownership as the result of privatization byinitial public offering (IPO) on financial and operational performance in private state owned enterprises(SOE). Target populations of this research were 9 private SOEs. The analysis of the study used partial leastsquare (PLS). The finding of this study showed that public ownership, as the result of privatization, mightimprove financial and operational performance only at leverage decrease and profitability increase.

Keywords


privatization, initial public offering, state owned enterprises

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DOI: https://doi.org/10.26905/jkdp.v15i3.1028

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Jurnal Keuangan dan Perbankan (Journal of Finance and Banking)

Diploma Program of Banking and Finance, Faculty of Economics and Business, University of Merdeka Malang

Published by University of Merdeka Malang

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