The Impact Of Privatization On State-Owned Enterprises Performance : Evidence From Indonesia

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  • 23 Nov
  • 2020

The Impact Of Privatization On State-Owned Enterprises Performance : Evidence From Indonesia

This paper examines privatization of Indonesia State Owned Enterprises. The data used in this study were obtained from the Indonesia Capital Market Directory (ICMD) from 2011-2015. Testing hypotheses are conducted using multiple linear regression with observations from 12 samples of SOEs which are listed in Indonesian stock exchange that did privatization. The result showed that the variable of sales efficiency have significant negative effect, income efficiency have significant positive effect and leverage no significant negative effect on performance of the state-owned enterprise.

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