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CORPORATE STRATEGY WHEN ECONOMIC CONDITIONS ARE UNCERTAIN IN INDONESIA

Andrew Victorio

No ekd5j, OSF Preprints from Center for Open Science

Abstract: In an unstable global economy, companies in Indonesia must adapt based on Good Corporate Governance (GCG) in order to survive the current Covid 19 pandemic. This pandemic began in early March 2020, when the entire world economy experienced a decline, including the Indonesian economy as a whole. Many companies cannot survive and choose to go out of business, but other companies continue to carry out their business activities but with many changes, innovations, development, and product diversification in order to survive economic changes. Due to the Covid-19 pandemic, Indonesian companies made many changes to develop technology, especially during the Industrial Revolution 4.0 (RI 4.0). This industrial revolution created many challenges, both from internal and external to the company. Therefore, the company must be ready if at any time there is a change in business activities.

Date: 2021-03-30
New Economics Papers: this item is included in nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:ekd5j

DOI: 10.31219/osf.io/ekd5j

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