Danantara and the return of the shareholder state
For decades, the dominant idea in corporate governance was that governments should regulate markets, while shareholders should own companies. Indonesia’s Danantara represents a different model: the state is not merely the regulator of business, but an active shareholder. That makes Danantara more than an institutional reform. It is an experiment in what might be called […] The post Danantara and…
We haven't written up this one. Asia Times has the full story — the link below goes straight to it.
