RISK MANAGEMENT ANALYSIS OF PT NINDYA KARYA (PERSERO) IN PREPARATION FOR INITIAL PUBLIC OFFERING (IPO)
The Indonesian Stock Exchange (IDX) has experienced significant growth, yet challenges persist for companies in the construction sector aiming to go public. This thesis examines the risk management framework of PT Nindya Karya (Persero) in preparation for its Initial Public Offering (IPO). Utiliz...
Saved in:
| Main Author: | |
|---|---|
| Format: | Theses |
| Language: | Indonesia |
| Subjects: | |
| Online Access: | https://digilib.itb.ac.id/gdl/view/85842 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Institut Teknologi Bandung |
| Language: | Indonesia |
| Summary: | The Indonesian Stock Exchange (IDX) has experienced significant growth, yet
challenges persist for companies in the construction sector aiming to go public. This
thesis examines the risk management framework of PT Nindya Karya (Persero) in
preparation for its Initial Public Offering (IPO). Utilizing the Analytical Hierarchy
Process (AHP) methodology, the study identifies and assesses critical risk factors
specific to the Indonesian construction industry that could impact the IPO's success.
Data for this research was gathered through AHP questionnaires distributed to both
internal and external stakeholders of PT Nindya Karya. The findings reveal that
internal audit effectiveness and operational risk are the most significant internal
risks, with the former being classified as extreme. Externally, timing risk and
underwriter performance are identified as extreme risks, reflecting the volatile
nature of the market and the critical role of accurate timing and competent
underwriting in IPO success. The research concludes with strategic
recommendations to enhance PT Nindya Karya's risk management practices,
aligning them with industry best practices and ensuring the company is wellpositioned
for a successful IPO.
|
|---|