Trend Analysis Financial Performance of PT PLN (Persero) (1997 - 2007), Related with Privatisation Planning and Islamic Ownership System perspective

Tania, Putri (2008) Trend Analysis Financial Performance of PT PLN (Persero) (1997 - 2007), Related with Privatisation Planning and Islamic Ownership System perspective. Other thesis, Fakultas Ekonomi.

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Abstract

This research has objective to give description about the performance and way to manage state assets that is PT PLN (PERSERO), in order to run optimally and also suitable with Islamic Economic System's corridor as alternative solution. The trend years of annual report used is from 1997 - 2007 and also give brief experience of privatisation in electricity sector in abroad. The result of this result found that there is no significant impact in performance of electricity sector between owned by state or by private. Trend analysis financial performance of PT PLN (PERSERO) was bad if related with operating impact. And also paradigm of Islamic Economic System toward privatisation is not directly mention forbidden. Forbidden or allow of state owned company privatised is based on the kind of ownership. In term of electricity sector, based on Islamic Ownership System, is categorized as public property that is not allowed to owned by private, even though it's profitable or loss.

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