The Impact of Government Support on the Performance of Indonesia's State-Owned Enterprises
Nugroho, Hendro | July 2019
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.
CitationNugroho, Hendro. 2019. The Impact of Government Support on the Performance of Indonesia's State-Owned Enterprises. © Asian Development Bank Institute. http://hdl.handle.net/11540/10841.
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