P RIV ATIS ASI P E RU S AHAA N BAJA DI IND ONE S IA: S T UD I K ASUS P RIV ATIS ASI K RA KAT AU S T E E L

Abstract

he

purpose of thi s re se arch w as to analyz e

the re asons

w hy

the

Indon e sian gov e rnme nt privati ze

th e

K rakatau Stee l and also to k now the adv a ntages and disad v antages of privati zati on of K rakatau Stee l. T he

re sult s of thi s re se arch show e d that

the privati zati on of K rakatau Stee l made

by

the Indon e sian gov e rn me nt w hich based

on some

re asons, name ly to gain c apit al funds , for e ff icie nc y

and pr oduc ti v it y , as w e ll

as the ne e d of fund of joi nt

v e nture K rakatau Posc o.

T he

adv antage

of

privati zati on

of

K rakata u

Stee l

w as

ge tt ing

addit ional

c apit al

funds

for

ope rati onal

c ompany

w it h

amountin g

to

Rp

2.59

tri ll ion,

w hil e

the

disad v antage

w as

ge tt ing

addit ional

c apit al f unds t hat l e ss t han the m a x imu m and did not m e e t t he

e x pe c tat ions

of

the

gov e rnme nt ' s

pri v ati zati on

of

K rakatau

Stee l

w as

e x pe c ted

to

re c e iv e

the

re sult s

of

3 4

tri ll ion.

K r ak atau

Stee l

as

the

large st

int e grat e d

stee l

produc e r

gav e

a

major

impac t

in

the

na ti onal

stee l

indus try.

T hus,

the

incr e asing

of

t he

ov e rall

pe rfor manc e

of K rakatau

Stee l w as ex pe c ted to c o me

from pri v ati zati on.