Global Economic Disruption in Indonesia in Covid – 19 Pandemic

Aditya Pratama

No cp9vq, OSF Preprints from Center for Open Science

Abstract: In the midst of uncertainty in the world today, one of the best alternatives can be used by companies to stay afloat and generate profits is by transmuting businesses and their workforce in keeping with changing information and technology developments business patterns. The downward trend in export and import values from 2015 has made business a big deal business development in Indonesia in 2018 is limited. Economic conditions in 2018 tends to be slowing down and volatile, accompanied by the uncertainty that originates of global finance. In conditions of economic disruption (until 2020), companies are required to continue innovating and creating diversified products. But in reality, there are many companies in Indonesia still don't know what action to take. From years 2016 to 2018, business competition is becoming increasingly fierce which requires leaders or corporate boards to convert company resources into values added which is beneficial for the stakeholders. This can be done as is Good Corporate Governance (GCG) which is a set of regulations organize, process, and supervise the relationship between company managers and stakeholders increase the value and market valuation of the company.

Date: 2021-04-03
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:cp9vq

DOI: 10.31219/osf.io/cp9vq

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