Asset Sustainability as Determinant of State-Owned Enterprise Financial Sustainability
- DOI
- 10.2991/978-94-6463-146-3_17How to use a DOI?
- Keywords
- Financial; Asset; Sustainability; State Owned Enterprise; Wealth Management
- Abstract
Wealth is not the only important thing in this world, however, people will have difficulty in the absence of wealth or economic activity. The inability to manage finances and assets is influenced by various factors, one of which is limited resources or knowledge. Wealth management as part of financial science can make it easier to develop and protect various assets owned. This study is explanatory research that aims to examine certain phenomena through qualitative approach without any hypothesis-test. The data used in this study is financial records of Indonesian state-owned banks listed on the Indonesia Stock Exchange. Through Asset Sustainability approach, this study found that BTN is the only bank that is likely to be sufficiently maintaining or renewing existing assets among Indonesian state-owned banks. Should the other state-owned corporations banks continue to under-invest in their assets, they may experience a degradation in the asset’s service levels and/or usefulness.
- 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
TY - CONF AU - Andi Tenri Harahap AU - Abdul Rahman Kadir AU - Muhammad Sobarsyah AU - Mursalim Nohong PY - 2023 DA - 2023/05/29 TI - Asset Sustainability as Determinant of State-Owned Enterprise Financial Sustainability BT - Proceedings of the 7th International Conference on Accounting, Management and Economics (ICAME-7 2022) PB - Atlantis Press SP - 167 EP - 171 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-146-3_17 DO - 10.2991/978-94-6463-146-3_17 ID - Harahap2023 ER -