State Owned Enterprises (SOEs), The Problems and Solutions in Financial and Asset Management

Anwar Sanusi

DOI: 10.19085/journal.sijmas030202

Abstract


State-owned enterprises (SOEs) faced with the demands to produce a better performance by increasing internal working environment. SOE managers need to measure employee productivity associated with the job description, key result areas, and Key Performance Indicators. This method had a goal to determine the indicators of organizational performance and how SOEs achieved the standards of achievement and to plan reward achievement of productivity. This study tested the hypothesis through validation testing theory or application of theory in certain circumstances.

The samples were taken from the overall population of SOE employees in Jakarta. It used purposive method in selecting data the data which retrieved by taking certain data through several criteria.

The study result showed that the respondent perception of communication, work attitude, work ethic, internal control level, risk management practices, and monitoring & evaluation has a significant relationship with work productivity of the employees. 


Keywords


Key Performance Indicator, work ethics, audit, risk management, communication and monitoring and evaluation

Full Text:

PDF

References


Abbott, LJ, Susan Parker, and Gary F. Peters, 2002. The Audit Committee Characteristics and Financial Statement: A Study of the Efficacy of Certain Blue Ribbon Committee Recommendation. Working paper. www.ssrn.com

Aboelela, S. W., Larson, E., Bakken, S., Carrasquillo, O., Formicola, A., Glied, S. A., ... & Gebbie, K. M. (2007). Defining interdisciplinary research: Conclusions from a critical review of the literature. Health services research, 42(1p1), 329-346.

Al-Mashari, M., Al-Mudimigh, A., & Zairi, M. (2003). Enterprise resource planning: A taxonomy of critical factors. European journal of operational research, 146(2), 352-364.

Amrizal 2007, 'Prevention and Detection of Fraud By Internal Auditor', www.bpkp.go.id/public /... /cegah_deteksi.pdf, accessed on October 2, 2011

Bandura, A. (2001). Social cognitive theory: An agentic perspective. Annual review of psychology, 52(1), 1-26.

Beck, N., Katz, J. N., & Tucker, R. (1998). Taking time seriously: Time-series-cross-section analysis with a binary dependent variable. American Journal of Political Science, 1260-1288.

Day, R., & Allen, T. D. (2004). The relationship between career motivation and self-efficacy with protégé career success. Journal of Vocational Behavior, 64(1), 72-91.

Denis Mc Quail and Sven Windahl, Communication Models: For The Study Of Mass Communication, (New York: Longman Publishing, 1993), p. 57

Dewi, 2011. URGENCY OF INTELLIGENT COMMUNICATIONS IN THE PUBLIC BUREAUCRACY. Journal of Communication Studies, Vol. 1, 1, April 2011

Emory A. Griffin, A First Look at Communication Theory, (5th edition; New York: McGraw- Hill, 2003), p. 32

Griffin, R. W., & Ebert, R. (2003). Business Volume 1 Sixth Edition. Edina C. Tardmizi translation. Jakarta: Prenhallindo

Hermiyetti. (2010). Effect of Implementation of Internal Control Against Fraud Prevention Procurement of Goods. STEKPI article Jakarta.

Hervani, A. A., Helms, M. M., & Sarkis, J. (2005). Performance measurement for green supply chain management. Benchmarking: An international journal, 12(4), 330-353.

Jensen, M. C. (1993). The modern industrial revolution, exit, and the failure of internal control systems. the Journal of Finance, 48(3), 831-880.

Kephart, J. O., & Chess, D. M. (2003). The vision of autonomic computing. Computer, 36(1), 41-50.

Kershaw, D. (2005). Evading Enron: Taking principles too seriously in accounting regulation. The Modern Law Review, 68(4), 594-625.

Kerzner, H. R. (2013). Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.

Kim, J. N., Grunig, J. E., & Ni, L. (2010). Reconceptualizing the communicative action of publics: Acquisition, selection, and transmission of information in problematic situations. International Journal of Strategic Communication, 4(2), 126-154.

Massey, D. (2013). Space, place and gender. John Wiley & Sons.

Meckel, K. (2014). Is the Cure Worse than the Disease? Unintended Consequences of Fraud Reduction in Transfer Programs.

Nguyen, L. D., & Mujtaba, B. G. (2011). Stress, Task, and Relationship Orientations of Vietnamese: An Examination of Gender, Age, and Government Work Experience in the Asian Culture. In Competition Forum (Vol. 9, No. 2, p. 235). American Society for Competitiveness.

Nonaka, I., Toyama, R., & Konno, N. (2000). SECI, Ba and leadership: a unified model of dynamic knowledge creation. Long range planning, 33(1), 5-34.

Nutbeam, D. (2000). Health literacy as a public health goal: a challenge for contemporary health education and communication strategies into the 21st century. Health promotion international, 15(3), 259-267.

O'Sullivan, D., & Dooley, L. (2008). Applying innovation. Sage Publications.

Pempek, T. A., Yermolayeva, Y. A., & Calvert, S. L. (2009). College students' social networking experiences on Facebook. Journal of Applied Developmental Psychology, 30(3), 227-238.

Rainey, H. G. (2009). Understanding and managing public organizations. John Wiley & Sons.

Robbins, S., Judge, T. A., Millett, B., & Boyle, M. (2013). Organisational behaviour. Pearson Higher Education AU.

Sari, 2011. The "Socialization Culture in Improving The Performance Of Employees (Case PT. TRAIN INDONESIA (Persero) Daerah Operasi VI Yogyakarta)". E-journal.uajy.ac.id/1846/2/1KOM02795.pdf

Steiner, S. H., Cook, R. J., Farewell, V. T., & Treasure, T. (2000). Monitoring surgical performance using risk-adjusted cumulative sum charts. Biostatistics, 1(4), 441-452.

Sudarmo, Sawardi, & Yulianto, A. (2008). Fraud Auditing Fifth Edition. Jakarta: Pusdiklat BPKP.

Sutiyono, W. (2007). Human resource management in state-owned and private enterprises in Indonesia. Bulletin of Indonesian Economic Studies, 43(3), 377-394.

Tamunu, M., & Tumewu, F. (2014). Analyzing The Influence Of Price And Product Quality On Buying Decision Honda Matic Motorcyles In Manado. Jurnal Riset Ekonomi, Manajemen, Bisnis Dan Akuntansi, 2(3).

Umble, E. J., Haft, R. R., & Umble, M. M. (2003). Enterprise resource planning: Implementation procedures and critical success factors. European journal of operational research, 146(2), 241-257.

Windahl, S., Signitzer, B., & Olson, J. T. (2008). Using communication theory: An introduction to planned communication. Sage.


Refbacks

  • There are currently no refbacks.




Copyright (c) 2016 Scholedge International Journal of Multidisciplinary & Allied Studies ISSN 2394-336X

Creative Commons License
The published articles/papers in the journal are licensed under a Creative Commons Attribution-NonCommercial 4.0 International License subject to Scholedge R&D Center's Copyright Notice.