Financial Distress and the Commitment to Promoting Innovation in State-Owned Enterprises: A Critical Perspective

نویسندگان

چکیده

Financial distress in State-Owned Enterprises (SOEs) has been a problematic issue for long time. By 2020, the total debt of SOEs Indonesia reach 1.682 trillion Rupiahs, whereas 68% out all that receive state capital injections are facing bankruptcy. However, more critical perspective still needs to investigate how commitment promoting innovation relates financial SOEs. The existing studies have mainly focused on analyzing technical and structural factors predictive models using company indicators. This study aims analyze critically. uses official data PT Krakatau Steel from 2015-2020 employs combined analysis method. Quantitative regression analyzes company's throughout period. In contrast, qualitative content relevance same shows apart ineffective structure decisions, low is an important factor influencing prospect restructuring as short-term strategy also discussed.

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ژورنال

عنوان ژورنال: Jurnal tata kelola & akuntabilitas keuangan negara

سال: 2023

ISSN: ['2549-452X', '2460-3937']

DOI: https://doi.org/10.28986/jtaken.v9i1.1088