Analysis of "Drama Theory" In the Bankruptcy Scenario of the Largest Indonesia Cellular Telecommunication Business

Analysis of “Drama Theory” In the Bankruptcy Scenario of the Largest Indonesia Cellular Telecommunication Business

Author		: DINI TURIPANAM ALAMANDA; ARIF PARTONO PRASETIO 
Published on	: Journal of Asian Economics (Elsevier)

Abstract

This study presents analysis of “drama theory” in the bankruptcy scenario of PT TX. The drama is divided into 3 phases. The first phase is when Local Commercial Court (LCC) declared the bankruptcy of PT TX until PT TX filed a cassation appeal to the Supreme Court (SC). The second phase is when PT TX and SSS refused to pay the Curator???s fee and the third phase is when SC gave sanction to LCC. The Data about PT TX bankruptcy mapped into common references frame and analyzed using drama theory approach. Results show that from the first frame to the third frame, there are 13 dilemmas faced by all parties involved in the case of PT TX bankruptcy. The first and second frame consist of Rejection, Threat and Persuasion dilemmas. On the third frame, there are rejection dilemmas happened both of SC and Curator. This study is a preliminary research and the research is assessed using secondary data derived from several eligible internet news periods since August 3rd 2012 ??? October 16th 2013. The result showed how a health and giant company nearly fell, and explains what dilemmas were removed so that the problem could be solved.