---

TRANSFORMATION PROCESS; PROCESS OF TRANSFORMATION OF SUGAR STATE OWNED ENTERPRISES AND ITS IMPACT ON SOCIO-ECONOMIC RELATIONS

Arif Afandi * 1, Darsono Wisadirana 2, Muhammad Faishal Aminuddin 3, Muhammad Lukman Hakim 4

---

Download PDF

---

ABSTRACT 

The transformation of SOEs through organizational restructuring continues by pursing the number of SOEs and creating clusters according to their respective business fields. The corporate transformation was carried out through the restructuring and privatization of sugar factories. Restructuring is believed to be a strategic step in restructuring SOEs by improving the company's internal conditions so that their performance will be better. The transformation of BUMN sugar through various corporate actions is expected to be able to create national development targets; national sugar self-sufficiency, stability of consumption sugar prices, increasing the welfare of sugarcane farmers while continuing to contribute to state revenues. This research is a Literature Review to identify indications of progress or not from the results of a particular study. The method used in the literature review is through a systematic approach to analyzing data in a simplified approach. Through organizational restructuring, PTPN Group is expected to be able to create a healthy corporate ecosystem and must also pay attention to socio-economic relations. So that in socio-economic relations and power between actors, as well as stakeholders and or shareholders so that they can build better synergy. Individually, interaction occurs when intimate relationships between individuals form one another, which then gives birth to emotional bonds.

 

Keywords: Transformation, Restructuring, State-Owned Enterprises, Socio-Economic Relations