Corporate governance of state-owned airlines in southeast Asia: the gloomy case of Garuda Indonesia

Peter Verhezen, Tobias Mandt, Sascha Albers and Wouter Dewulf

Chapter 8 in Research Handbook on Air Transport Leadership and Governance, 2025, pp 101-114 from Edward Elgar Publishing

Abstract: Governments worldwide have used “their” airlines as an instrument of governmental policy. The instrumental effectiveness of airline state ownership depends largely on the appropriate corporate governance of these companies. We suggest a typology of state-owned airlines (SOA) as governmental instruments and use the case study of Indonesia's national airline Garuda to indicate how changes in governmental objectives are transposed into corporate governance practices that impact the airline's effectiveness. In doing so, we highlight the challenges of managing and governing SOAs, especially when governmental priorities shift. We suggest levers in airlines’ corporate governance design to alleviate these challenges and point to the critical role of ministries’ “executive” offices owning these airlines.

Keywords: State ownership; Corporate governance; Airline business (search for similar items in EconPapers)
Date: 2025
ISBN: 9781803926971
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781803926988.00014 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:21750_8

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Jack Sweeney ().