Wijaya Kinerja Keuangan Industri Abstract 2004

KINERJA KEUANGAN INDUSTRI ASURANSI UMUM
MILIK NEGARA VERSUS SWASTA NASIONAL
DI INDONESIA PERIODE 1996-2000
Liliana Inggrit Wijaya
Fakultas Ekonomi
Universitas Surabaya
Surabaya
Werner Ria Murhadi
Fakultas Ekonomi
Universitas Surabaya
Surabaya

Abstract
The present study attempted to address some of the practical issue
facing financial performance between general insurance who's
owned by private and public. The research design employed to
study differential performance between insurance that managed by
public owned and private owned The financial performance
measured by conventional ratio, contemporary ratio and some of
specific ratio that reflected by early warning system. The private
insurance that will be observed is a company who's traded on

Jakarta Stock Exchange between periods 1996-2000. The result
suggest that, in periods 1996-2000, in general public insurance
have a better performance than private insurance exceptionally on
Management expense ratios. Some financial indicator reflect that
no differences financial performance between public and private
insurance.
Key words: Financial performance, General Insurance, Financial
Ratio, Early Warning System

LATAR BELAKANG PERMASALAHAN
Kinerja keuangan sangat penting bagi setiap organisasi sebagai tolok ukur
keberhasilan dan kegagalan dalam mengelola sumberdayanya untuk pencapaian
tujuan yang efektif dan efisien. Oleh karena itu penelitian tentang kinerja
keuangan merupakan topik menarik yang tak pemah berhenti diteliti. Terutama
untuk kondisi saat ini setelah banyak korporat yang terkena dampak krisis
ekonomi, maka pernantauan terhadap kinerja korporat menjadi satu pokok
perhatian. Dalam hal ini peran manajemen keuangan memiliki arti penting untuk
mempertahankan kelangsungan hidup korporat. Kebangkrutan yang disebabkan