| dc.description.abstract | This research had an objectives to analyse financial performance of PDAM, to analyse
the internal and external factors that influenced financial performance of PDAM and to analyse
the most dominant factor among internal and exsternal factors.
This research reached the objectives with the theory of financial performance, the theory
of public goods and the theory of turbulency economy, Mixing of all the theories brought to the
hyphotesis that the internal factors like prices of water, revenue, and cost and the external factors
like rate of inflation and exchange rate influenced financial performance.
This research used OLS without constanta augmented with chow test regression equation
to test the hypotesis. The test included t test, F test, multicolinearity test, heteroscedastisity test,
autocorrelation test, normality test and chow test.
This research showed that PDAM financial performance was good and consisted of debt
structure performance, financial efficiency performance, and profit performance. The internal
and external factors built a road map that influenced the financial performance. The internal
factors that influenced the financial performance were price of water, revenue, and cost. The
external factors that influenced the financial performance were rate of inflation – but was not
significant-and exchange rate. The most dominant factor was revenue. This research also showed
that PDAM applied average cost pricing.
This research suggested that PDAM must maximize the revenue in order to increase the
financial performance. This research also suggested that PDAM must prepare himself to face the
turbulency economy. | en_US |
