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Using partially state-owned enterprises for development in Indonesia

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Using partially state-owned enterprises for development in Indonesia. / Kim, Kyunghoon.

In: ASIA PACIFIC BUSINESS REVIEW, Vol. 25, No. 3, 27.05.2019, p. 317-337.

Research output: Contribution to journalArticle

Harvard

Kim, K 2019, 'Using partially state-owned enterprises for development in Indonesia', ASIA PACIFIC BUSINESS REVIEW, vol. 25, no. 3, pp. 317-337. https://doi.org/10.1080/13602381.2019.1575660

APA

Kim, K. (2019). Using partially state-owned enterprises for development in Indonesia. ASIA PACIFIC BUSINESS REVIEW, 25(3), 317-337. https://doi.org/10.1080/13602381.2019.1575660

Vancouver

Kim K. Using partially state-owned enterprises for development in Indonesia. ASIA PACIFIC BUSINESS REVIEW. 2019 May 27;25(3):317-337. https://doi.org/10.1080/13602381.2019.1575660

Author

Kim, Kyunghoon. / Using partially state-owned enterprises for development in Indonesia. In: ASIA PACIFIC BUSINESS REVIEW. 2019 ; Vol. 25, No. 3. pp. 317-337.

Bibtex Download

@article{2aa4ccc8456a4249bb49e7bcb272c082,
title = "Using partially state-owned enterprises for development in Indonesia",
abstract = "The Indonesian government, under Joko Widodo, has begun to actively use partially state-owned enterprises (PSOEs) to achieve its development goals. This government has pursued its plans despite minority shareholders’ dissatisfaction with the shift in PSOEs’ corporate goals towards national development objectives. This paper investigates the state’s influence on PSOEs by analysing the government’s direct and indirect ownership, control of corporate governance and financial systems, and inter-firm relations. The paper demonstrates that the business system, under the government’s strong influence, has enabled Indonesian PSOEs to focus on carrying out development projects and shielded PSOEs from minority shareholders’ demands.",
keywords = "Business system, Indonesia, partially state-owned enterprise, principal–principal conflict, state capitalism, state-owned enterprise",
author = "Kyunghoon Kim",
year = "2019",
month = "5",
day = "27",
doi = "10.1080/13602381.2019.1575660",
language = "English",
volume = "25",
pages = "317--337",
journal = "ASIA PACIFIC BUSINESS REVIEW",
issn = "1360-2381",
publisher = "Routledge",
number = "3",

}

RIS (suitable for import to EndNote) Download

TY - JOUR

T1 - Using partially state-owned enterprises for development in Indonesia

AU - Kim, Kyunghoon

PY - 2019/5/27

Y1 - 2019/5/27

N2 - The Indonesian government, under Joko Widodo, has begun to actively use partially state-owned enterprises (PSOEs) to achieve its development goals. This government has pursued its plans despite minority shareholders’ dissatisfaction with the shift in PSOEs’ corporate goals towards national development objectives. This paper investigates the state’s influence on PSOEs by analysing the government’s direct and indirect ownership, control of corporate governance and financial systems, and inter-firm relations. The paper demonstrates that the business system, under the government’s strong influence, has enabled Indonesian PSOEs to focus on carrying out development projects and shielded PSOEs from minority shareholders’ demands.

AB - The Indonesian government, under Joko Widodo, has begun to actively use partially state-owned enterprises (PSOEs) to achieve its development goals. This government has pursued its plans despite minority shareholders’ dissatisfaction with the shift in PSOEs’ corporate goals towards national development objectives. This paper investigates the state’s influence on PSOEs by analysing the government’s direct and indirect ownership, control of corporate governance and financial systems, and inter-firm relations. The paper demonstrates that the business system, under the government’s strong influence, has enabled Indonesian PSOEs to focus on carrying out development projects and shielded PSOEs from minority shareholders’ demands.

KW - Business system

KW - Indonesia

KW - partially state-owned enterprise

KW - principal–principal conflict

KW - state capitalism

KW - state-owned enterprise

UR - http://www.scopus.com/inward/record.url?scp=85073062363&partnerID=8YFLogxK

U2 - 10.1080/13602381.2019.1575660

DO - 10.1080/13602381.2019.1575660

M3 - Article

AN - SCOPUS:85073062363

VL - 25

SP - 317

EP - 337

JO - ASIA PACIFIC BUSINESS REVIEW

JF - ASIA PACIFIC BUSINESS REVIEW

SN - 1360-2381

IS - 3

ER -

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