文章基本信息

标题：The effect of government ownership on Indonesia’s state-owned enterprises’ (SOE) firm performance
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作者：Reynaldi Hermansjah ; Sugiarto ; Gracia Shinta S. Ugut 等
期刊名称：Accounting
印刷版ISSN：2369-7393
电子版ISSN：2369-7407
出版年度：2021
卷号：7
期号：6
页码：1347-1352
DOI：10.5267/j.ac.2021.4.003
出版社：Growing Science
摘要：This study aimed to analyze the impact of government ownership on Indonesia’s SOE’s financial performance, measured by Return on Assets (ROA) and Return on Equity (ROE) of 20 SOEs that are listed on the Indonesia Stock Exchange during the period 2013 – 2019, using the panel data models. According to the results, government ownership has a positively significant impact on the firm performance (ROA and ROE). Furthermore, the results show that along with government shares, debt to equity ratio, dividend payout ratio, and log of total assets also have significant relationships to the firm performance.
关键词：Government ownership; SOE; Privatization; Firm performance; ROA; ROE