The effect of government ownership on Indonesia’s state-owned enterprises’ (SOE) firm performance

Autor:	Gracia Shinta S. Ugut, Edison Hulu, Sugiarto Sugiarto, Reynaldi Hermansjah
Rok vydání:	2021
Předmět:	Accounting. Bookkeeping Government HF5601-5689 Accounting Equity (finance) Pharmaceutical Science Dividend Financial system Business
Zdroj:	Accounting, Vol 7, Iss 6, Pp 1347-1352 (2021)
ISSN:	2369-7407 2369-7393
DOI:	10.5267/j.ac.2021.4.003
Popis:	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.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::963d437a9e2253c457b69b41643274e2 https://doi.org/10.5267/j.ac.2021.4.003 Zobrazit plný text záznamu