Analysis of Financial Performance in Restructuring of PT Indonesia Asahan Aluminium (PERSERO) to Mining Industry Holding Company Using the Economic Added Value Approach
Authors
Akhmad Fahmi Ridwan, Isfenti Sadalia, Yeni Absah
Corresponding Author
Akhmad Fahmi Ridwan
Available Online October 2019.
- DOI
- 10.2991/icoi-19.2019.48How to use a DOI?
- Keywords
- financial performance, holding, restructuration, Economic Value Added (EVA)
- Abstract
In order to increase the value of the company of the State-Owned Enterprises (BUMN) in the mining sector, one of the strategies undertaken by the company is to restructure through the establishment of a holding company. Several state-owned companies consisting of PT Indonesia Asahan Aluminum (Persero), PT Aneka Tambang, Tbk., PT Bukit Asam, Tbk., and PT Timah Indonesia, Tbk. have established a Mining Industry BUMN Holding Company. It is expected that with the establishment of the holding companies related to finance can increase.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Akhmad Fahmi Ridwan AU - Isfenti Sadalia AU - Yeni Absah PY - 2019/10 DA - 2019/10 TI - Analysis of Financial Performance in Restructuring of PT Indonesia Asahan Aluminium (PERSERO) to Mining Industry Holding Company Using the Economic Added Value Approach BT - Proceedings of the 2019 International Conference on Organizational Innovation (ICOI 2019) PB - Atlantis Press SP - 282 EP - 286 SN - 2352-5428 UR - https://doi.org/10.2991/icoi-19.2019.48 DO - 10.2991/icoi-19.2019.48 ID - Ridwan2019/10 ER -