Researchers investigate the efficiency and performance of partially privatized Indonesian State-Owned Enterprise (SOEs). Researchers find that partially privatized Indonesian SOEs have higher efficiency and performance than those of their private-owned counterparts. The results might suggest that the SOEs might benefit from better corporate governance, high market power and other privileges and that the benefits are greater than the policy burdens imposed on these firms.
Muhammad Agung Prabowo, Wisnu Untoro, Irwan Trinugroho and Arifin Angriawanb. State-Owned Enterprises, Efficiency and Performance: The Case of Indonesia.
DOI: https://doi.org/10.36478/ibm.2014.153.158
URL: https://www.makhillpublications.co/view-article/1993-5250/ibm.2014.153.158