This study aims to examine whether the assessment of Criteria for Performance Excellence (KPKU) is related to the firm performance of States-Owned Enterprise (SOE) in Indonesia. This study uses 82 firms-year observations from 19 State-Owned Enterprise listed on the Indonesia Stock Exchange (IDX) for the period 2009 to 2018. This study found that KPKU assessment was positively related to firm performance. This shows that KPKU assessment can be a signal that the company has good performance. The study also found that the positive relationship between KPKU assessment and company performance is stronger in companies audited by Big 4 and in big-sized companies. This study is the first research that discusses the relationship between KPKU assessment and firm performance. This study may be useful for practitioners and academics that are interested in the subject of SOE performance assessment. The results suggest to conduct a regular KPKU assessment because it can be useful to provide a positive signal for shareholders and potential investors.
The states (countries) are playing game of power and interest in the international system (IS) to survive and develop. In this game, the states compete to take the best position in the ranking of power. This allows to pursue their national interests more effectively. States with the greatest power (top states) decide on the polar structure and geostrategic nature of IS at every level (global, regional, local). Investigating the structure (static research) and nature (dynamic research) of global balance of power (GBP) after the Cold War three types of power: economic power, military power and geopolitical power were taken into consideration. The results of theoretical and empirical research are relevant to the decision-making process of the political system of states directly or indirectly involved in the international security.
The purpose of civil-military cooperation is to exchange resources and information to effectively manage different types of disasters. In this regard, civil-military cooperation in disaster preparedness should increase coherence in the area of information sharing and mutual support. The purpose of this study is to examine how cooperation between municipal institutions and the same nation’s military meets these requirements. The results presented in the article show that cooperation between municipal institutions and military personnel of the same nation is similar to civilian and military cooperation in international missions or disaster relief. This cooperation is based on a mutual understanding of the value of cooperation; willingness to cooperate and mutual support. At the same time, there are objective obstacles to the effectiveness of cooperation in disaster preparedness between municipal institutions and the military, mainly related to legal regulation, bureaucracy and hierarchy, often impeding the dissemination of information and undermining mutual trust between institutions. The study found that simplification of existing legislation, detailed planning process, information sharing during joint exercises and other joined activities would be important factors in improving civil (municipal)-military cooperation in disaster preparedness.
The basis of every state is in its democratic system and ability to defend it. Therefore, a government has legal rights to immediately declare emergency situation, responding to crisis, catastrophes or unforeseen extraordinary events. The topicality of the research is determined by the emergency situation declared by the Cabinet of Ministers in 2019 in the administrative territory of Riga City in regard to waste management, in order to provide the Riga municipality with an opportunity to conclude negotiated procedure without prior publication. Even though state’s democratic system demands to act immediately in any case of such action, it must be legal since the public, whose life, health and property might be endangered, relies on it, as well as budget is spent on it. However, the mutual application of regulatory enactments in practise cause issues because it is not always clear how to identify and separate such situations and which regulatory enactment is applicable in each specific case. The aim of the research is to determine what is included in the definition of unforeseeable extraordinary events in the context of public procurement, when the government has rights to declare an emergency situation, what are the legal consequences of declaring emergency situation and provide suggestions for dealing with the issue highlighted by the research. In order to reach the set goal, the following tasks were defined: carry-out analysis of regulatory enactments, research the judicature of the European Union and Latvia, conclusions of legal scholars and evaluate the practice of legal act application. The research utilizes descriptive, comparative, dogmatic, historical, systemic, teleological method and analytical interpretation of regulatory enactments.