Arbeitspapier

The impact of government support on the performance of Indonesia's state-owned enterprises

This study analyzes the impact of government support on the financial performance of Indonesia's state-owned enterprises (SOEs). I employ the ordinary least square (OLS) method with firm and year fixed effects in addition to clustered standard errors. The findings show that government support for SOEs does not have a significant effect on their financial performance. This study finds that the government should examine its investment policy to support SOEs and consider designing a proper government support policy to generate higher SOE financial performance.

Language
Englisch

Bibliographic citation
Series: ADBI Working Paper Series ; No. 983

Classification
Wirtschaft
Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
Corporate Finance and Governance: Government Policy and Regulation
National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock
Subject
state-owned enterprises
government support
government investment
financial performance

Event
Geistige Schöpfung
(who)
Nugroho, Hendro
Event
Veröffentlichung
(who)
Asian Development Bank Institute (ADBI)
(where)
Tokyo
(when)
2019

Handle
Last update
10.03.2025, 11:46 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Nugroho, Hendro
  • Asian Development Bank Institute (ADBI)

Time of origin

  • 2019

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