Purpose-The purpose of this paper is to examine the relationship between privatization of state-owned enterprises (SOEs), organizational change and performance. It explores the processes by which privatization affects corporate performance through the internal changes within organizations in a developing country context. Design/methodology/approach-The methodology involved the use of a survey questionnaire. Responses were obtained from 86 managers in 86 organizations, comprised of SOEs, privatized firms and private enterprises in Indonesia. Findings-Cross-sectional analysis shows that there had been a statistical significant difference across the types of ownership pertaining to organizational elements that were expected to change. The evidence suggested that privatization brought about important alignments among the organization's goals, design elements and resources and between the organization and its competitive environment. Practical implications-The implications of the study are discussed in relation to the organizational changes that take place in the transition from public to private sector ownership. The study contributes to our understanding about the relationship between ownership-performance by providing an organizational change perspective on the examination of privatization-performance effect. Originality/value-The paper provides insights into how privatization processes alter the behavior, incentives and performance of formerly SOEs in Indonesia.

PurposeThis research aims to study the economic conditions of fishermen living in the coastal area of Kabupaten Pesisir Selatan.Design/methodology/approachThe method used is a descriptive analysis method supported by a participatory planning method. The importance of primary data is to understand deeply the real problems of fishermen in the field, collected by using a survey method such as field observations, in-depth interviews by gathering fishermen and related stakeholders in the area, undertaking forum group discussion, workshop and seminar. Secondary data are necessary to support the primary data analysis.FindingsThe results showed that there is an abundance of marine resources, but the economic condition of fishermen is far from expected. The income from fishing is not enough to feed their family's daily needs due to low catching productivity and raw fish selling price. The regency government and province do not have clear and concrete policies to resolve firmly and thoroughly the economic problems of fishermen living in the coastal areas.Research limitations/implicationsThis study succeeds in providing two breakthrough strategic policies to improve the economic conditions of fishermen, i.e. institutional and entrepreneurial innovations.Practical implicationsBoth strategic policies have a mutual relationship. Therefore, the implementations have to integrate with one another and be executed simultaneously in a single coastal area management system.Social implicationsBupati as a top policymaker in this region must take full responsibility for the successful implementation of these two strategic policies.Originality/valueProviding new ideas to solve the main problem of fishermen living in the coastal area in Indonesia.

This research is intended to empirically examine the efficiency and productivity change of 26 regional development banks (BPDs) in Indonesia in 2011-2016 using a non-parametric approach of data envelopment analysis (DEA). This research was started by determining input and output variables based on three approaches, i.e., intermediation, operation, and the asset approach. The Multi-stage DEA was adopted to generate the efficiency score, and the inputorientated variable return to scale (VRS) assumption is specified in data analysis. The Malmquist Productivity Index (MPI) was used to measure the total factor productivity change indicating the improvement or deterioration of performance of BPDs over time. The multi-stage DEA result shows a significant difference in the number of efficient BPDs using the three approaches. MPI shows that the highest productivity increase was in the asset approach of 84.0%, supported by the increase in efficiency change and technological change. While in intermediation and operation approach, the increase was only 44.0% and 36.0%, depending on the increase in efficiency change and scale efficiency change. This research suggests that BPDs need to invest more in technology to increase firm efficiency.

This paper examines the implementation of Syariah Acconting with murabah and mudharabah financing model at 81 KJKS-BMT, City of Padang. KJKS-BMT is an microfinance firms that is based on syariah rules. This research employs qualitative research method using interview with managers of KJKS-BMT and studying accounting documents. The main objective of the study is to describe and undertand how syariah acconting has been practiced at those islamic micro finance institutions. The results of this study shows that there is no KJKS-BMT that fully implement Syariah accounting for murabahah and mudharabah financing. However, this study found that 30 percent of KJKS-BMT has implemented it with 75% of level of implementation, 30% has implemented it with 50% of level of implementation. The remain, 40% of KJKS-BMT has just implemented it with less than 50% of level of implementation. In addition, majority of islamic microfinance organizations in Padang provide 80 percent murabahah financing and 20 percent mudharabah financing. This research suggests that capacity building is badly needed for KJKS-BMT to increase the quality of financial reporting and decision making process at KJKS-BMT

No abstract