Krisna, Krisna and Sukarno, Subiakto (2021) Performance of Pertamina-Indonesia among Oil and Gas Companies in the Fortune Global 500 of Southeast Asia. In: The 3rd International Conference on Business and Banking Innovations, 6 & 7 March 2021, Surabaya.
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Abstract
Pertamina as a State Owned Enterprise (BUMN) in oil and gas energy sector which represents Indonesia - a country that has the largest oil and gas reserves in Southeast Asia. Pertamina which has been listed in Global Fortune 500 as one of the three oil and gas companies in the ASEAN regional and the only representative from Indonesia. Indonesia's huge energy consumption with a densely populated population of 267 million people which is four times bigger than Thailand and eight times bigger than Malaysia. But these facts haven’t been in line with Pertamina's financial performance compared to the two companies which also represent their countries in Southeast Asia, namely Petronas - Malaysia and PTT Thailand - Thailand. Although in terms of revenue per employee which PTT Thailand is the best and Pertamina outperforms Petronas, still it’s not in line with Pertamina's profit which is lower among the companies. This paper will propose what Pertamina needs to do to optimize its performance in order to become the leader in the oil and gas energy industries in the ASEAN region by using financial ratio analysis, data envelopment analysis and DuPont analysis on the past five years financial reports of these three companies. Keywords: Pertamina, Performance, Indonesia, DuPont, DEA.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Subjects: | 600 - TECHNOLOGY > 650 - 659 MANAGEMENT & PUBLIC RELATIONS > 658 - GENERAL MANAGEMENT > 658.562 - QUALITY CONTROL |
| Divisions: | ICOBBI (International Conference of Business and Banking Innovations) |
| Depositing User: | Perpustakaan Universitas Hayam Wuruk Perbanas |
| Date Deposited: | 10 Aug 2021 21:04 |
| Last Modified: | 10 Aug 2021 21:04 |
| URI: | http://eprints.perbanas.ac.id/id/eprint/5942 |
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