The Influence Of Corporate Resources And Corporate Strategy To Improve Corporate Performance At Indonesian State Owned Enterprises
Abstract: The existence of
Indonesian state-owned enterprises (SOEs) has an important role for the
communites’ welfare as it is mandated in the consttuton. If traced based on its
face value, the proft of Indonesian SOEs looks to contnue increase steadily
every year. However, on the other hand there is the biggest challenge, such as
how to increase the value of company, which is shown by ROA and ROE that keep
on declining. This actually means that it is stll possible to get a higher
proft. The objectves of this study are to get assessment regarding to (1)
correlatons of corporate resources with corporate strategy, and (2) whether
corporate resources and corporate strategy are affectng corporate performance, partally
or simultaneously, to the Indonesian SOEs. Units of analyzes were 101
corporatons from four different industry sectors and the samples for this
research are 50 corporatons of Indonesian SOEs. Time horizon is cross-sectonal,
where the study was conducted at a single period of tme simultaneously. Data
was gathered by questonaires and in-depth interviews to SOEs directors and
functonal managers. Data analyzed were both descriptve and quanttatve.
Hypothesis testng was utlized by PLS model (Partal Least Square) 2.0 version.
The fnding shown that there are correlations between corporate resources and
corporate strategy. Corporate resources and corporate strategy do affect
corporate performance, directly or simultaneously. Moreover, corporate strategy
have more influence than corporate resources. Directonal strategy and
organizatonal resources are the most dominant dimensions in affectng corporate
performance of Indonesian SOEs. The conclusion from this research is that most
of Indonesian SOEs are not capable in formulating their corporate strategy
appropriately due to mismatching of their/incompatbility corporate resources.
Key words: Corporate
Resources, Corporate Strategy, and Corporate Performance
Penulis: HARRY GOZALI,
SUCHERLY, YUYUS SURYANA, YEVIS M. OESMAN
Kode Jurnal: jpmanajemendd151378
