Wiwik Lestari
Jurusan Manajemen STIE Perbanas Surabaya Jl. Nginden Semolo 34-36 Surabaya 60118

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STUDI ATAS KINERJA BUMN SETELAH PRIVATISASI Sri Lestari Kurniawati; Wiwik Lestari
Jurnal Keuangan dan Perbankan Vol 12, No 2 (2008): May 2008
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (195.681 KB) | DOI: 10.26905/jkdp.v12i2.891

Abstract

This paper examined the post-privatization both of financial and market performanceof State-owned company (BUMN). The findings indicated that there was no significant increasein financial performance after privatization. All variables tested were statistically the samebetween before and after privatization. However, market performance showed significantresult in cumulative abnormal in 6th month. It meant that, investing in BUMN could give asignificant return after investing at least six months.