Hasil Pencarian  ::  Simpan CSV :: Kembali

"ABSTRACTThe purpose of this thesis is to analyze capital ownership structure and the position of business groups in Indonesia by the use of a company data file the author compiled, and through the analysis, to describe the development path and the changing nature of Indonesian business groups. In line with this purpose, first of all, the background and the scope of this study is defined in Chapter 1, where I stress the importance of micro-economic studies in Indonesia. Chapter 2 is devoted to analysis of capital ownership structure in the Indonesian national economy. First, I introduce my company data file as one of the best sources of company analyses, and clarify its significance and limitations(2.2). Then, I describe overall capital ownership structure and prove that domestic private capital constitutes the most significant component in the national economy(2.3). The next section (2.4) focuses on the position of business groups by two measures, that is, their total equity capital accumulated during the last two decades and the scale of present economic activities. Further, I compare the results with some cases of other developing economies and draw implication that Indonesian business groups have developed conspicuously but the level is still less than the upper levels in the international perspective. Lastly, I close this Chapter with some combined conclusions with the results from other data sources (2.5). Chapter 3 is a historical illustration of the development process of Indonesian business groups. The period from 1967 to 1986 is divided into three sub-periods, and the environmental conditions and reactions of business groups are described with some examples. Throughout the period, I set the analytical focus on development strategies of business groups, and find a consistent tendency that business groups which much depended on exogenous growth factors have come to exhibit endogenous growth abilities, with rationalizing their group formation (3.4.3). In the last chapter, I examine findings from the above two chapters, through analysis of new development of business groups after deregulation. I attempt two reexaminations ; one is concerning obvious irrelevance of the patronage framework where business groups are viewed from political connection (4.1.2), and the other is concerning the still consistent changing nature of business groups, which suggests that the recent performance of business groups should be viewed in the historical perspective. Lastly, by discussing the recent conglomerate controversy, I clarify my conclusion : business resources accumulated in business groups and their actualized merits at present must be effectively utilized for the future development in Indonesia. "

"This report is a case study for Internship and Report Writing, analysing a multinational company and its position ¡n a country other than the home country, and describing the market and its characteristics From the analysis, recommendations will be drawn in terms of developing the position ¡n that country. ALSTOM has been chosen due to the fact only that I have been working for this company since almost nine years and am trying to analyse its position in the railway market in Indonesia. With turnover of 14 billions euros in 1998, ALSTOM is split into six sectors, of which we consider ALSTOM Transport, the rail equipment and train supplier. The company is organised by a matrix structure, linking product and country divisions, represented in around 60 countries. ALSTOM Transport supplies all types of trains and rolling stock, train, station and track equipment, power supply and a host of related services. Indeed, sales have moved away from being ?a product? to being ?solutions?. In developing its position abroad, ALSTOM typically exports, or acquires a local company.We discuss the geographical, political, economic, legal and social situation in Indonesia, highlighting aspects that influence ALSTOM?S position. More precisely, we look at the transport market in Indonesia, identifying the structure and the key issues facing transport.A SWOT analysis has been constructed, summariSiflg the major relevant points. The instability of the government and its policies, together with low economic levels and high inflation provide a moderate amount of risk in Indonesia. Most rail opportunities ? especially new lines ? are not feasible due to transpOrt having a low priority and a lack of financing.Concluding the analysis, I recommend to the Management of ALSTOM-Transport sector that we should attack the ¡ntercity market on Java island showing the greatest potential for profits. A BOT concession has been described to include DMUs, extra services and financing plan; the concession should be long, U to 45 years, to ensure profits. It is essential for ALSTOM to have the right contacts and a positive reputation amongst the purchasing process."