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

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.

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