The International Institute for Science, Technology and Education (IISTE)
Abstract
This study aims to identify and analyze the comparison of the financial performance of state-owned and private-owned telecommunications companies. The population in this study are state-owned and private-owned telecommunications companies in Indonesia that are listed on the Indonesia Stock Exchange in 2008-2021. This is case study on PT Telekomunikasi Indonesia Tbk and PT Indosat Tbk. Data analysis techniques in this study used the independent sample t-test and Mann–Whitney. The results of the analysis found that there were significant differences in the financial performance of state-owned and private companies seen from the ratio of Return on Assets, Current Ratio, Total Debt to Total Assets, Total Assets Turnover Ratio, and Earning Per Share. Keywords: ROA, CR, DAR, TATO, EPS DOI: 10.7176/RJFA/14-13-04 Publication date:July 31st 202