Proceedings of the 7th International Conference on Accounting, Management and Economics (ICAME-7 2022)

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Analysis of Risk Management and Performance of SOEs in Infrastructure Services During COVID-19

Authors
Busmart Zuriantomy1, *
1Hasanuddin University, Makassar, Indonesia
*Corresponding author. Email: busmart6903@gmail.com
Corresponding Author
Busmart Zuriantomy
Available Online 29 May 2023.
DOI
10.2991/978-94-6463-146-3_30How to use a DOI?
Keywords
infrastructure services; risk management; project life-cycle; project innovation; company performance
Abstract

The COVID-19 pandemic has changed corporate governance substantially. In Indonesia, which is building infrastructure, relies heavily on State-owned Enterprises (SOEs) in the service sector. This study aims to analyze the risk management function and its effect on company performance by comparing before and during the pandemic. Variables used to measure the effect are project innovation, and project life-cycle on company performance. This research uses Structural Equation Model with Partial Least Square technique. The results show that research model has a good fit with the SRMR value of 0.076 and the Normed Fit Index (NFI) showing a value of 0.627. The final result of this study is to answer all hypotheses about the performance of SOEs in the infrastructure sector before and during the pandemic. This study finds that risk management has a significant impact on project innovation, project life-cycle, company performance. As for project life-cycle, it influences innovation and company performance considerably. This study also confirms that innovation has a significant effect on company performance.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 7th International Conference on Accounting, Management and Economics (ICAME-7 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
29 May 2023
ISBN
978-94-6463-146-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-146-3_30How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Busmart Zuriantomy
PY  - 2023
DA  - 2023/05/29
TI  - Analysis of Risk Management and Performance of SOEs in Infrastructure Services During COVID-19
BT  - Proceedings of the 7th International Conference on Accounting, Management and Economics (ICAME-7 2022)
PB  - Atlantis Press
SP  - 285
EP  - 296
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-146-3_30
DO  - 10.2991/978-94-6463-146-3_30
ID  - Zuriantomy2023
ER  -