<![CDATA[Economic Globalization, market liberalization, free trade, as well as increasing of competition in market, are factors that enforce every company should adapt and re-organize their company’s visions and goals. In this context, State Owned Enterprise (BUMN), nowadays, should also be able to create and to reformulate their strategy of line business to win competition in its market by promoting private investors taking part in managing State Owned Enterprise, as it is legally ruled by the Law Number of 19 Year of 2003. Economically and politically, privatization is needed to achieve and increase profitability, and line business performance. It is a qualitative research that use relevant secondary data and references such as books, documents, journals, statistic data, etc. By descriptive- analysis method, this study found that a great number of listed State Owned Enterprise show good line business performance that can positively share their profits to State Budget revenue. But, privatization is not guarantee and solution, where problems and challenges will not be decreasing faced by the listed State Owned Enterprise in the future, rather than continuously reform and innovate their business strategy]]>
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