Pengaruh Kepemilikan Negara Dan Kepemilikan Publik Terhadap Kinerja Keuangan BUMN

Studi Pada Perusahaan BUMN Yang Go Public Pada Tahun 2012 – 2015

  • Chermian Eforis Universitas Multimedia Nusantara
DOI: https://doi.org/10.31937/akuntansi.v9i1.585

Abstract

Law on State Owned Enterprises (No.19/2003) define one of the purpose of privatization to increase the firm performance and firm value. However, until June 2017, from 119 State Owned Enterprises (BUMN) in Indonesia, only 19 firms have go public. The aim of the research is to examine the effect of state ownership and public ownership towards firm performance proxied based on Return on Equity (ROE) partially and simultaneously. Multiple regression analysis is performed on the data which are collected by using purposive sampling technique for the Indonesia’s State Owned Enterprise (BUMN) listed in the Indonesia Stock Exchange during 2012-2015. We find that state ownership has no effect towards ROE. However, public ownership proxied based on percentage of public ownership has significant effect towards ROE.

Keywords: BUMN, Public Ownership, ROE, State Ownership

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Published
2017-06-01
How to Cite
Eforis, C. (2017). Pengaruh Kepemilikan Negara Dan Kepemilikan Publik Terhadap Kinerja Keuangan BUMN. Ultimaccounting Jurnal Ilmu Akuntansi, 9(1), 18-31. https://doi.org/https://doi.org/10.31937/akuntansi.v9i1.585
Issue
Vol 9 No 1 (2017): Ultima Accounting : Jurnal Ilmu Akuntansi
Section
Articles
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