ANALYSIS OF FINANCIAL PERFORMANCE OF STATE OWNED SEAPORT COMPANIES FOR THE PERIOD BEFORE AND AFTER MARINE TOLL IMPLEMENTATION DURING 2011 – 2018

About Us

Ipmi Repository is an online archive service which is managed by IPMI Library - Learning Resource Center. Established for collecting, managing, saving, preserving and disseminating digital copies of intellectual output of IPMI International Business School such as academic journal, books, theses, Group Field Project, Community Involvement Project, Case Study, conference paper, and other types of research publication. The main objective of this repository is to provide long-term, public, open access and easily retrieve to the digital collection to support teaching-learning process.

"Knowledge without observation is nil"

Tindaon, Ostinasia and Daryanto, Wiwiek Mardawiyah (2020) ANALYSIS OF FINANCIAL PERFORMANCE OF STATE OWNED SEAPORT COMPANIES FOR THE PERIOD BEFORE AND AFTER MARINE TOLL IMPLEMENTATION DURING 2011 – 2018. International Journal of Business, Economics and Law, 21 (3). pp. 19-29. ISSN 2289-1552

This is the latest version of this item.

Text
ANALYSIS OF FINANCIAL PERFORMANCE OF STATE OWNED SEAPORT COMPANIES FOR THE PERIOD BEFORE AND AFTER MARINE TOLL IMPLEMENTATION DURING 2011 – 2018.pdf
Restricted to Registered users only
Download (730kB)

Abstract

Although in the last eight years, Indonesia has been able to record positive economic growth, but the Government understands that there is still development imbalance in each region in Indonesia which is reflected in inequality of Gross Development Products in each region, the quality of the Human Development Index (HDI), and the centralization of the population in Java due to the Indonesian economy is still concentrated in the Western area of Indonesia. In addition to facing the problem of economic inequality in its regions, Indonesia also faces the challenge of economic globalization. Connectivity is the key in responding to the challenges of economic globalization. The government implements the Marine Toll Program as an effort to optimize Indonesia’s marine and improve the Indonesian economy. The purpose of the marine toll program is to strengthen Indonesia’s identity as a maritime nation which will bring impact to reduce national logistics costs and increase the competitiveness of national products by balancing the amount of cargo/commodity transportation between the front and inner regions. The purpose of this research is to analyze the health level of financial performance of SOE seaport companies: Pelindo I, Pelindo II, Pelindo III and Pelindo IV for the period of before and after the implementation of the Marine Toll Program during 2011 – 2018 using the financial analysis based on the Decree of the BUMN Minister No.KEP-100/MBU/2002 and to evaluate whether there is any significant difference in the performance of the sea port companies for the period of before and after the implementation of the Marine Toll Program. Paired t-test was conducted by doing comparison of the financial performance before the implementation and after the implementation of the Marine Toll Program. According to the paired t-test result of the four companies’ financial performance, there is the significant difference for the TATO (Total Asset Turnover) ratio between the period of before and after the implementation of the Marine Toll Program.

Item Type:	Article
Subjects:	H Social Sciences > HG Finance
Divisions:	Research And Community Empowerment > Journals
Depositing User:	Dr. Wiwiek Mardawiyah Daryanto
Date Deposited:	18 Nov 2020 04:32
Last Modified:	21 Dec 2021 07:44
URI:	http://repository.ipmi.ac.id/id/eprint/971

Available Versions of this Item

ANALYSIS OF FINANCIAL PERFORMANCE OF STATE OWNED SEAPORT COMPANIES FOR THE PERIOD BEFORE AND AFTER MARINE TOLL IMPLEMENTATION DURING 2011 – 2018. (deposited 18 Nov 2020 04:32) [Currently Displayed]

Actions (login required)

View Item