|
on South East Asia |
| By: | Eli M Remolona; James Yetman |
| Abstract: | Benchmark bonds help to improve market efficiency. They seem to arise spontaneously in deep and liquid markets. Can governments help to create them where markets are too small? This paper examines three emerging markets in Asia where authorities have tried: they have designated specific bonds as benchmarks and fostered their liquidity. We identify exactly which bonds were the designated benchmarks. We then propose rank-order measures of liquidity and determine the extent to which these de jure benchmarks end up as de facto benchmarks in the sense of being the most liquid bonds in their maturity segments. We find that this occurs in close to 60% of months in our sample, covering a range of maturities for Indonesia, Malaysia and Thailand. We identify three factors that make success more likely: (a) choosing already liquid bonds; (b) choosing bonds that have previously served as de jure benchmarks; and (c) choosing bonds that will be issued during the month. |
| Keywords: | benchmark bond, price discovery, market liquidity, informational public good, recycling, de jure, de facto, wannabe benchmark, probit model, inverse Mills ratio |
| JEL: | G10 G12 G14 |
| Date: | 2019–12 |
| URL: | http://d.repec.org/n?u=RePEc:bis:biswps:830&r=all |
| By: | Azam, Muhammad; Alam, Md. Mahmudul (Universiti Utara Malaysia); Hafeez, Muhammad Haroon |
| Abstract: | The central aim of this study is to contribute to the encroachment of knowledge on impact of tourism on environmental pollution by CO2 emissions ASEAN-3 namely Malaysia, Thailand and Singapore during 1990-2014. The FMOLS results reveal that the impact of tourism variable on environmental pollution is significantly positive, while for Thailand and Singapore, it is found negative and statistically significant. Empirical findings suggest that sustainable economic development should be ensured by implementing prudent public policy, where tourism industry needs to be expanded further but fulfilment of its responsibility towards maintaining green and sustainable environment must be top most priority. |
| Date: | 2019–06–15 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:6ze5m&r=all |
| By: | Sijabat, Ferdi Nazirun; Muhammad, Muhammad |
| Abstract: | Penelitian ini bertujuan menggali informasi secara mendalam mengenai dua hal: 1). Kesiapan pengusaha warung kopi di Kota Banda Aceh dalam melakukan internasionalisasi usahanya; 2). Mengembangkan analisis kekuatan (strength), kelemahan (weakness), peluang (opportunity) dan tantangan (threat) atau SWOT industri warung kopi di Kota Banda Aceh dalam melakukan internasionalisasi ke kawasan ASEAN khususnya Malaysia dan Thailand. Penelitian ini menggunakan metode eksploratif kualitatif, di mana kegiatan pengumpulan data dilakukan dengan teknik wawancara mendalam. Dari empat informan yang diwawancarai didapati bahwa dalam hal kesiapan internasionalisasi, warung kopi di Kota Banda Aceh dapat dibagi dalam tiga kategori: 1. Tidak ada keinginan dan tidak siap untuk melakukan internasionalisasi; 2. Ada keinginan tetapi tidak siap internasionalisasi dan 3. Ada keinginan dan siap untuk internasionalisasi. Penelitian ini juga menyajikan hasil SWOT terhadap warung kopi di Kota Banda Aceh. Hasil penelitian ini berimplikasi dalam dua hal: Pertama. Pemerintah Aceh perlu memberikan pelatihan untuk meningkatkan informasi dan pengetahuan tentang pasar ASEAN bagi pengusaha warung kopi, sehingga dapat meningkatkan kesiapan internasionalisasi. Bagi usaha yang sudah siap internasionalisasi, juga perlu diberikan pendampingan untuk mendapatkan mitra kerja yang sesuai. Kedua, penelitian internasionalisasi usaha kecil dan menengah dapat dilakukan dengan menggunakan metode kuantitatif maupun kualitatif lainnya, sehingga dapat divalidasi dan digeneralisasikan. |
| Keywords: | Kesiapan Internasionalisasi, SWOT, Warung Kopi |
| JEL: | M16 |
| Date: | 2019–12–25 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:97846&r=all |
| By: | Chaikal Nuryakin (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)); Regi Kusumaatmadja (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)); Natanael Waraney Gerald Massie (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)); Alvin Ulido Lumbanraja (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)); Sean Hambali (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)); Devina Anindita (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)) |
| Abstract: | As the ASEAN put forward aviation industry liberalization measures in 2010, the Indonesian aviation industry has been moving towards the other side of spectrum of late. Two market ventures driving the change was in late 2018, where one of the leading airlines group, Garuda Group, through Citilink agreed to form cooperation with Sriwijaya Air. Second, January 2019 further marked the period in which Lion Air started charging ‘baggage fees’ and Garuda Indonesia stopped offering sub class ticket. Amid the presence of such changes in the industry, this study aims to discuss the current state, challenges, and potential of the Indonesian aviation market; comprehensively discuss the economic implications of such state of the industry; as well as how the government may act to help address the possible market failures. The study utilizes multiple data sources, i.e., data from CAPA, INFARE, as well as official governmental transportation database. We first describe the potential of airlines industry in Indonesia. We identify the periodical breaks in the industry’s growth; that is, during which periods significant changes are happening. What follows is a complete breakdown of the market concentration and landscape. We proceed to show the impacts of the generalized price hike. Our findings suggest that loss of passengers is immense. Further, we find an intriguingly similar capacity drop in the period following the Citilink – Sriwijaya deal conducted by virtually all the members of Garuda Group and Lion Air Group – all against the year-on-year trend. We specifically decompose the changes that follow the late 2018 trend. Further implications are discussed. We conclude the study with relevant policy recommendations. |
| Keywords: | airlines industry — imperfect competition — Indonesia — liberalization — consumer welfare |
| JEL: | L93 L98 D43 |
| Date: | 2019 |
| URL: | http://d.repec.org/n?u=RePEc:lpe:wpaper:201941&r=all |
| By: | Mohamad D. Revindo (Graduate School of Global and Strategic Studies, Universitas Indonesia (SKSG UI), Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)); Amalia A. Widyasanti (Ministry of National Development Planning/National Development Planning Agency (Bappenas)); Chairina H. Siregar (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)); Devina Anindita (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)); Nurindah W. Hastuti (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)); Sean Hambali (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)); Devianto (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)) |
| Abstract: | The 2018 Asian Games is the biggest sports event in the history of Asian Games in terms of contested sports as well as the participating athletes. Considering the massive scale of the event, it is imperative that the benefits generated by the 2018 Asian Games be measured. This study contributes to the extant body of literature on the long-term benefits of sports event on tourism and sports tourism sectors, with reference to the case of 2018 Asian Games in Indonesia. Using primary data collected through the survey during the event, the study found that hosting the 2018 Asian Games has increased favorable perceptions among event participants and visitors towards Indonesia; positively affected the propensity to repeat visitations to Indonesia in the future; increased the likelihood of giving positive referrals to Indonesia for tourism destination and future international sports event hosting. The academic and policy implications of the findings are discussed. |
| Keywords: | Asian Games — Sports Event — Sport Tourism — Tourism — Indonesia |
| JEL: | L83 R19 Z32 |
| Date: | 2019 |
| URL: | http://d.repec.org/n?u=RePEc:lpe:wpaper:201940&r=all |
| By: | Alam, Md. Mahmudul (Universiti Utara Malaysia); Siwar, Chamhuri; Talib, Basri; , Abu N.M. Wahid |
| Abstract: | Sustainable food security at household level is one of the emerging issues for all nations. There are several factors such as social, economic, political, demographic, natural, and livelihood strategies that causes to the vulnerability of the status of household food security. Therefore examining the vulnerability of these factors is essential to identify the reason and recognize the most vulnerable communities. This study is an attempt to study on the vulnerability of the factors of household food utilization and its linkage with climatic changes in Malaysia. The study is based on primary data collected in the months of July – October, 2012 through a questionnaire survey on 460 low income households from East Coast Economic Region (ECER) in Malaysia. The samples were selected from E-Kasih poor household database, based on cluster random sampling technique. The study found that the vulnerability of the factors of household food utilization has increased statistically significantly over the last five years period due to difference between rural and city food quality, occurrences of natural disasters, incidences of mosquitoes, insects, pest, etc., and diseases like dengue, malaria, heat stretch, cold, skin disease, etc. This study suggests that the food security programs need to be integrated with climatic change adaptation programs to ensure more effective and sustainable household food security in future, especially among the poor and low income group. |
| Date: | 2019–06–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:b5mnr&r=all |
| By: | purba, martin |
| Abstract: | The Indonesian economy at this time is inseparable from the economic crisis that occurred in the international market. The government as a fiscal policy maker and Bank Indonesia as a monetary policy maker must be able to take appropriate policies to safeguard economic conditions if there is economic pressure from outside. Money market analysis to discuss the relationship between the interest rate and the level of income that appears on the money market. This study uses quarterly data from 2010-2017, using the two-stage least square simultaneous equation model. The results of this study show that domestic interest rates and inflation do not have a significant effect on changes in Indonesia's GDP, the money supply has an impact on Indonesia's GDP per capita increase, inflation expectations have no effect on changes in Indonesia's GDP, the money supply has an effect on increasing levels Domestic interest and the FED (Federal Reserve System) interest rate influence the decline in domestic interest rates. |
| Keywords: | Gross Domestic Product, Domestic Interest Rate, Money Supply (m2), Inflation, FED interest rate, Inflation Expectation |
| JEL: | E00 E31 E37 E41 E43 |
| Date: | 2018 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:97409&r=all |
| By: | Alam, Md. Mahmudul (Universiti Utara Malaysia); Siwar, Chamhuri; Talib, Basri; , Abu N.M. Wahid |
| Abstract: | Purpose: Sustainable food security at the household level is one of the emerging issues for all nations. Several factors such as social, economic, political, demographic, natural, and livelihood strategies cause vulnerability in the status of household food security. This study is an attempt to examine the vulnerability of the factors of household food accessibility and its linkage with the climatic changes in Malaysia. Design/methodology/approach: The study is based on primary data collected in the months of July – October, 2012 through a questionnaire survey on 460 low-income households from the East Coast Economic Region (ECER) in Malaysia. The samples were selected from E-Kasih poor household database, based on the cluster random sampling technique. The questionnaire uses a five-point Likert scale, and the data were analyzed using descriptive statistics and ANOVA F statistics for Chi-Square Two Sample Test. Findings: The study finds that the vulnerability of the factors of household food accessibility has increased statistically and significantly over the last five years in Malaysia, whereas the contributions of climatic factors are low on these changes. This study suggests that the food security programs in Malaysia need to be integrated with the climatic change adaptation programs to ensure more effective and sustainable household food security in the future. Originality/value: This study is an original work based on primary data that empirically measures the vulnerability of the factors of household food accessibility, one of the important dimensions of household food security, and its linkage with climatic changes. |
| Date: | 2019–06–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:8gq9v&r=all |
| By: | Randa, Mefdiza; Dewi, Aminar Sutra |
| Abstract: | In this globalization era, every business is required to continue to innovate in order to remain competitive. Indonesian Post Company is one of the state that is required to continue to exist. Indonesian Post Company required to continue to innovate, especially in the field of customer services in order not to be abandoned. This study aims to describe and analyze the innovation of Indonesian Post Company. This research is descriptive research type with qualitative approach. Data collection techniques used in this study with interviews, observation and documentation. The theory used in this research is the theory of Zeithaml, Parasuraman & Berry. The basis of the theory is the focus of this study is the physical Visibility, reliability, responsiveness, competence, credibility, and communication. The results showed innovations in service made by Indonesian Post Company to maintain its presence is still not maximal. |
| Date: | 2019–01–18 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:ds38m&r=all |
| By: | Alam, Md. Mahmudul (Universiti Utara Malaysia); Siwar, Chamhuri; , Abu N.M. Wahid |
| Abstract: | Sustainable food security at household level is a national concern in many countries. The reasons for household food insecurity include social, economic, political, and personal factors as well as climatic changes and its outcomes. This research aims at finding out the linkage of the factors of climatic changes, non-climatic factors and household resiliencies with the level of household food security among the poor and low income households in Malaysia. This study is based on primary data that were collected in Jul-Oct 2012 through a questionnaire survey on 460 poor and low income households from the Pahang, Kelantan, and Terengganu States of Malaysia. The sample was selected from E-Kasih poor household database based on cluster random sampling technique. Initially the study measures household food security according to the USAID-HFIA model, and ran ordinal regressions under the logit and probit models. This study finds that household food insecurity is not only linked with social and economic factors, but also significantly linked with the climatic factors. Therefore, the food security programs need to be integrated with the adaption programs for climatic change. |
| Date: | 2019–06–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:xdpks&r=all |
| By: | Patriani, Reno; Tanjung, Mariani St.B |
| Abstract: | Penelitian ini bertujuan untuk mengetahui dan menganalisa laporan keuangan pada PT. Bank Rakyat Indonesia (Persero) Tbk Cabang Painan. Teknik analisis data yang digunakan adalah teknik analisa data kuantitatif yang didapat dari laporan keuangan PT. Bank Rakyat Indonesia (Persero) Tbk Cabang Painan yang kemudian dianalisis dengan menggunakan dasar-dasar teoritis dari landasan teori yang sudah ada. Teknik yang digunakan adalah dengan menggunakan rasio-rasio yang berkaitan dengan analisis rasio keuangan perbankan yaitu rasio likuiditas, rasio rentabilitas dan rasio solvabilitas. Dari rasio likuiditas dapat diketahui bahwa Bank Rakyat Indonesia ( Persero ) Tbk Cabang Painan likuid karena mampu memenuhi kewajiban jangka pendeknya dari alat-alat likuid ( kas dan giro di BI ) yang ada dilihat dari cash ratio sebesar 14,7 % dan RR sebesar 15,21 %, dilihat dari LDR Bank ini mampu menyalurkan dana yang dihimpun sebesar 83,3 % dan loan to asset ratio sebesar 58,61 %. Dari rasio rentabilitas dapat diketahui bahwa Bank Rakyat Indonesia (Persero) Tbk Cabang Painan mampu menghasilkan laba kotor 49,4 % dari setiap pendapatan operasionalnya ( gross profit margin ), laba bersih 18,22 % dari pendapatan operasionalnya ( net profit margin ), keuntungan 17,78 % bagi Bank / pemegang saham dari investasi yang ditanamkan ( ROE ) dan keuntungan 2,55 % dari total aktiva yang dikelola. Dari rasio solvabilitas yaitu kemampuan Bank untuk memenuhi kewajiban jangka panjangnya dapt diketahui bahwa Bank Rakyat Indonesia ( Persero ) Tbk Cabang Painan mampu untuk memenuhi kewajiban jangka panjangnya dilihat dari CAR yang mengukur kecukupan modal untuk menunjang aktiva yang mengandung atau menghasilkan resiko yaitu sebesar 16,77 % dan debt equity ratio yang mengukur kemampuan Bank dalam menutup sebagian atau seluruh hutang-hutangnya sebesar 18,06 % dari modal sendiri. |
| Date: | 2019–03–10 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:ruvxa&r=all |
| By: | , Lestrinelhuda; Widayati, Ratna |
| Abstract: | Tujuan penelitian ini adalah untuk mengetahui prosedur yang harus dipenuhi oleh calon debitur untuk memperoleh kredit dari bank, serta mengetahui proses penyelesaian kredit yang bermasalah. Jenis penelitian ini adalah bersifat deskriptif dengan menggunakan metode analisa data kualitatif, yaitu menganalisa pelaksanaan penyaluran kredit pada PT. Bank Rakyat Indonesia (Persero) Tbk Unit Panti. Kesimpulan 1) PT. Bank Rakyat Indonesia (Persero) Tbk Unit Panti telah menyalurkan kredit sesuai dengan ketentuan dan prosedur yang telah ditetapkan yaitu mulai dari pengenalan atau pendekatan kepada calon debitur, tahap permohonan kredit, analisa kredit, tahap persetujuan kredit, administrasi, realisasi kredit (pencairan kredit) sampai tahap pengawasan hingga kredit tersebut benar-benar dilunasi. 2) PT. Bank Rakyat Indonesia (Persero) Tbk Unit Panti melakukan tahapan dalam menyelesaikan kredit bermasalah (mecet) yaitu, pertama dengan tindakan penyelamatan kredit dan kedua penyelesaian kredit. Penyelamatan kredit yaitu berusaha agar kredit tersebut lancar kembali dengan cara Rescheduling, Reconditioning dan Restructuring. Namun jika hal tersebut tidak berhasil maka bank akan melakukan tindakan penyelesaian kredit yang diawali secara kekeluargaan melalui perundingan-perundingan sampai akhirnya penyitaan jaminan |
| Date: | 2019–03–10 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:9zdkp&r=all |
| By: | Alam, Md. Mahmudul (Universiti Utara Malaysia); Talib, Basri; Siwar, Chamhuri; , Abu N.M. Wahid |
| Abstract: | This research aims at examining the direct and indirect impacts of climatic changes as well as the effects of non-climatic factors on household food security in Malaysia. The study is based on primary data collected in the months of July – October, 2012 through a questionnaire survey on 460 low income households from East Coast Economic Region (ECER) of the country. The samples were selected from E-Kasih poor household database, based on cluster random sampling technique. The statistical estimation was done through two-stage formative path measurement model by using nonparametric bootstrap procedure under Smart PLS. This study finds that household food insecurity ECER – Malaysia is not only related to social and economic factors, but also statistically significantly linked to the direct and indirect impacts of climatic factors. The policy implications of the study suggest that design of food security programs must be integrated with climatic change adaptation programs. The government and other relevant agencies should jointly develop appropriate policies for poverty alleviation, household level food security, and adaptation with climatic changes in Malaysia. |
| Date: | 2019–06–13 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:sfd3c&r=all |
| By: | Alam, Md. Mahmudul (Universiti Utara Malaysia); Taufique, Khan Md. Raziuddin; Sayal, Azizullah |
| Abstract: | Changes in climatic factors have different impacts on different social groups. But the farmers are considered to be the most vulnerable group because of their direct and indirect dependency on climatic factors. This study aims to understand the nature of socioeconomic impacts of climatic changes on the farmers in Malaysia. A questionnaire survey was conducted on a sample of 198 paddy farmers in the Integrated Agricultural Development Area at North-West Selangor of Malaysia in 2009. Data were analyzed using descriptive statistics, ordinal scale and percentile. The study reveals that climatic changes have adverse impacts on agricultural productivity, profitability, income equality, employment, farmer’s health, and government subsidy policy. The Kuznets ratio and Gini coefficient indicate that there is highly unequal distribution of income. Climatic changes are contributing to the widening of this income gap, because poor farmers are affected more by the adverse effects of climatic changes. The current government subsidy policy is not found appropriate and adequate to support and encourage the farmers to adequately adapt to the climatic changes and to reduce the inequality among the farming community. The paper ends up with recommending some policy guidelines to counter adverse effects of climate change on income of paddy farmers in Malaysia. |
| Date: | 2019–06–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:4uvdj&r=all |
| By: | Syahfitri, Okinawa; Dewi, Aminar Sutra |
| Abstract: | The stock price is a reflection of the value of the company. Stock price fluctuations can not only be influenced by company fundamentals but also influenced by the macro economy of a company. In this study aims to determine the effect of fundamental conditions, inflation and sbi interest rates on stock prices. The data used is secondary data. This study selects data on the real estate and property industry that are listed on the Indonesian stock exchange with the observation period of 2015-2017. The method of sample collection uses a purposive sampling method which obtained 22 companies studied. The analytical method used is panel data regression, which is the Random Effect Models (REM) test. The results of this study show that the fundamental conditions with ROA have a significant effect on stock prices, EPS has a significant effect on stock prices, PBV has a significant effect on stock prices, DER has a significant effect on stock prices and SBI Interest Rate has a significant effect on stock prices whereas Inflation has no effect significant to stock prices. |
| Date: | 2019–01–31 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:9p2h6&r=all |
| By: | Priambudi, Rahul |
| Abstract: | Pariwisata merupakan sektor penting bagi Indonesia ,Karena pariwisata adalah salah satu faktor yang sangat berperan dalam meningkatkan perekonomian bagi masyarakat Indonesia. Dengan hal ini tentunya pemerintah dan masyarakat harus saling bekerjasama dalam meningkatkan promosi, fasilitas, pelayanan, aksesibilitas dan hal lain yang berkenaan dalam pengembangan kawasan wisata untuk menarik minat kunjungan wisatawan. Menurut Undang-Undang Republik Indonesia Nomor 10 Tahun 2009 tentang kepariwisataan disebutkan bahwa pariwisata adalah berbagai macam kegiatan wisata dan didukung berbagai fasilitas serta layanan yang disediakan oleh masyarakat, pengusaha, pemerintah, dan pemerintah daerah Indonesia mempunyai banyak destinasi yang beragam, salah satunya di Provinsi Kepulauan Riau , yang di setiap kabupatennya terdapat destniasi yang berbeda dan memiliki keunggulan masing-masing. Kabupaten Lingga merupakan kabupaten yang terdapat di Provinsi Kepulauan Riau ,kabupaten Lingga juga dikenal sebagai Bunda Tanah Melayu ,dan pernah menjadi kerajan Johor – Riau pada tanggal 1787 – 1824 M, Selain itu Kabupaten Lingga Juga Mempunyai Adat istiadat yang masih sangat terjaga,dan alam yang masih alami yang bisa dijadikan potensi untuk menarik wisatawan , Potensi yang ada tentunya belum cukup untuk menarik minat kunjungan wisatawan ,karena ada beberapa faktor yang bisa mempengaruhi minat kunjungan wisatawan contohnya aksesibilitas yang kurang memadai, promosi yang kurang dan fasilitas yang kurang mendukung. Seperti yang dikatan oleh Mill (2000)”accessibilities of the tourist destination”, aksesibilitas sebagai semua yang dapat memberi kemudahan kepada wisatawan untuk datang berkunjung pada suatu daerah tujuan wisata (DTW) Karena letak geografis kabupaten lingga dan kabupaten lain di provinsi Kepulauan Riau dipisahkan oleh lautan dan transportasi yang dapat digunakan untuk menuju kabupaten Lingga hanya dapat menggunakan Kapal dan pesawat perintis tentunya hal ini dapat menentukan keputusan minat berkunjungan wisatawan untuk mengunjung kawasan destinasi di Kabupaten Lingga Oleh karena itu dalam artikel ini akan menggali tentang apa pengaruh aksesibilitas terhadap keputusan wisatawan dalam menentukan destinasi yang akan di kunjungi ,khususnya di kawasan destinasi di kabupaten Lingga, dan strategi apa saja yang bisa dilakukan dalam menentukan minat kunjungan wisatawan |
| Date: | 2018–02–27 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:zb597&r=all |
| By: | Fauziah, Disa Salsabila; Pramita, Dinda Bella |
| Abstract: | Pariwisata adalah salah satu sector penting dalam pembangunan di Indonesia sebagai penghasil devisa Negara. Pemerintah Indonesia saat ini sedang gencar – gencarnya mengembangkan potensi pariwisata yang dimiliki bumi pertiwi, yang tujuannya untuk mendongkrak perekonomian Indonesia. Yogyakarta merupakan salah satu kota wisata yang ada di Indonesia, potensi wisata budaya dan alam yang dimiliki Yogyakarta banyak menarik wisatawan domestic dan mancanegara untuk datang berwisata di Yogyakarta. Salah satu potensi alam yang dimiliki Yogyakarta terletak di daerah Kaliurang. Tepatnya di kabupaten Sleman yang berada di lereng selatan Gunung Merapi. Keberadaan kawasan Kaliurang dilereng selatan Gunung Merapi sangat berpengaruh bagi perkembangan pariwisata dikawasan Kaliurang, karena tempatnya yang ektream karena berada dikawasan gunung api yang masih aktif yang kapan saja bisa membahayakan siapapun yang terkena dampak letusan atau pun pergerakkan gunung yang memungkinkan terjadi gempa bumi. Meskipun memiliki ancaman namun objek wisata di kaliurang juga memiliki potensi yang sangat besar untuk meningkatkan perekonimian masyarakat sekitar. Dan dengan letaknya yang berada di bawah gunung berapi yang masih aktif juga mempengaruhi kepuasan wisatawan yang berkunjung ke kawasan Kaliurang. |
| Date: | 2018–02–27 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:8vk5s&r=all |
| By: | Siaga, Elita Fradia |
| Abstract: | Hasil penelitian yang di dapat saat ini pabrik gula yang ada di Indonesia apabila diperbandingankan dengan rata-rata dunia dan Negara India benar-benar tertinggal, baik diukur dari segi produktivitas, konsumsi uap, daya konsumsi, jam berhenti pabrik mauun tingkat efiesiensi pabrik secara keseluruhan. Tayibnapis, A.Z, et all (2018). Meningkatkan Daya Saing Ekonomi ASEAN, Jurnal Riset Ekonomi dan Manajemen, 16 (2), 225-236. |
| Date: | 2019–02–25 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:q2ys8&r=all |
| By: | hizhan, muhammad ilham al |
| Abstract: | Meningkatkan daya saing pabrik gula di Indonesia era masyarakat ekonomi ASEAN |
| Date: | 2019–02–16 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:he8qb&r=all |
| By: | Afriyeni, Afriyeni; Putra, Yosef Eka |
| Abstract: | This research conducted for analyze factors-factors what that affect the loan repayment rate people's business (KUR) on PT. Bank Rakyat Indonesia Unit Talang Branch Solok. Methods research using analysis descriptive, namely technique data processing which is done with the road collate systematically in the form of figures-figures and or percentages, regarding an object who investigational, so that is obtained general conclusion. Based on the the results of research who conducted obtained by factors-factors which influencing loan repayment rate people's business (KUR) on PT. Bank Rakyat Indonesia Unit Talang Branch of Solok is factor credit characteristics namely factor number of loan, installment credit and subsequent payback periods credit. |
| Date: | 2019–03–17 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:crfpg&r=all |
| By: | Orlando, Agung; Susanto, Romi |
| Abstract: | People's Business Credit is financing of working capital and or investment to Micro Small Medium Enterprises in the field of productive and feasible yet not bankable business with credit limit up to Rp. 500,000,000, - partly guaranteed by the Guarantor Company. The source of funds for the distribution of people's business credit is 100% (one hundred percent) sourced from the executing bank funds collected from public funds (savings, demand deposits, and time deposits). People's Business Credit is intended to improve access to financing for micro, small and medium enterprises performing productive and viable business activities. People's business credit aims to achieve accelerated development of the real sector and empowerment of micro, small and medium enterprises in the context of poverty alleviation and expansion of employment opportunities. Mechanism in the implementation of the distribution of People's Business Credit funds at PT. Bank Rakyat Indonesia Unit Lubuk Buaya through several stages such as, credit application stage, file verification phase, credit analysis phase or examination phase, credit awarding stage, and credit disbursement stage or credit agreement. |
| Date: | 2019–02–11 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:zuv2y&r=all |
| By: | Dao, Minh Chau |
| Abstract: | Venture capital plays an important role in the development process, enabling firms with high risk and innovative ideas to access capital and management experiences from individual and organizational investors at home and abroad. However, this concept has not received much attention in Vietnam, a country having one of the smallest venture capital markets in Asia notwithstanding its roadmap to a developed country. The purpose of this paper is to examine the venture capital industry of Vietnam and propose some major legal reforms to develop this market. |
| Date: | 2019–08–23 |
| URL: | http://d.repec.org/n?u=RePEc:osf:lawarx:6byx5&r=all |
| By: | Khalid, Maizatul Akmar; Alam, Md. Mahmudul (Universiti Utara Malaysia); Said, Jamaliah |
| Abstract: | To improve the trust of citizens and delivery of services, employing good governance principles in the public sector is very crucial. Despite efforts to improve service delivery, criticisms and complains toward public services remain evident. This study aims to assess the status of good governance practices in the public sector of Malaysia. Primary data were collected from the responses of 109 department heads under 24 federal ministries to a survey questionnaire. Respondent perception of good governance practices was measured using a seven-point Likert scale and analyzed by descriptive statistics and path measurement modeling. Standard diagnostic tests were also conducted to check the reliability of the data and model. Results indicated that nine factors were significant in the measurement of good governance practices. However, very few people in the public sector of Malaysia practice fraud control, which is at the lowest intensity. Among the service groups, the engineer group practiced good governance at the highest level, whereas the health service group practiced good governance at the lowest level. Therefore, still there are scopes available to improve good governance systems to become more reliable and efficient public sector in Malaysia. Findings of the study will help policy makers improve the efficiency of the public sector of Malaysia and other countries. |
| Date: | 2019–06–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:84ewh&r=all |
| By: | Alam, Md. Mahmudul (Universiti Utara Malaysia); Siwar, Chamhuri; , Abu N.M. Wahid |
| Abstract: | Purpose: Sustainable food security at the household level is one of the emerging issues for all nations. It is expected that the patterns of household resilience factors and adaptation practices have a strong linkage with household food security. The aim of this study was to seek an effective technique of adaptation for food security and the required types of support for adaptation to food insecurity among the poor and low income households in Malaysia. Design/methodology/approach: This study was based on primary data that were collected in Jul-Oct 2012 through a questionnaire survey among 460 poor and low income households from the Pahang, Kelantan, and Terengganu states of Malaysia. The samples were selected from E-Kasih poor household database based on a two-stage cluster random sampling technique. The study considered household food security as household food availability and food accessibility, and ran ordinal regressions to find out the linkages of household food security with household resilience factors, adaptation practices, and expected support for adaptation to food security. Findings: The study concludes that several resilience factors and adaptation practices were statistically significant to household food security, and several external supports were statistically and significantly needed to ensure household food security. Therefore, to ensure sustainable household food security in Malaysia, the food security programs needs to be integrated with Sustainable Development Goals (SDGs) and climatic changes adaptation programs, and the involvement of relevant stakeholders are crucial. Originality/value: This study is a pioneer work based on primary data that empirically measured the linkages of household food security with household resilience factors, adaptation practices, and expected support for adaptation to food security in Malaysia. This study also discussed some issues related to the climate change linkage, which would help future climate change research. The findings of the study will be beneficial for all the stakeholders, including policy makers related to the food security and climate change adaptation. |
| Date: | 2019–06–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:hkbwn&r=all |
| By: | Suryakusuma, Ira Asriani |
| Abstract: | MENIGNKATKAN DAYA SAING PABRIK GULA DI INDONESIA UNTUK MENCAPAI PERSAING ERA MASYARAKAT EKONOMI ASEAN, DAN MEMBUAT GULA MENCAPAI SWASEMBADA. |
| Date: | 2019–02–25 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:tec6d&r=all |
| By: | Said, Jamaliah; Alam, Md. Mahmudul (Universiti Utara Malaysia); Mohamed, Dar Irna Bt; Rafidi, Marhamah |
| Abstract: | Purpose: Whistleblowing is an important factor in preventing corruption and fraud in organizations. There is a law to promote whistleblowing practices, but the negative subsequent effect of whistleblowing demotivates the reporting of unethical behaviours. Thus, it is important to identify the factors that motivate an employee to exercise whistleblowing in an organization. Therefore, this study aims to examine whether the personal factor of job satisfaction and organizational factors such as fair treatment as well as cooperativeness contribute to the whistleblowing practice in an organization. Design/methodology/approach: This study collected primary data based on a questionnaire survey from 73 respondents of the seven top most GLCs in Malaysia. The data are analyzed using descriptive statistics, factor analysis, and cross-sectional regression. Findings: The findings of the study reveal that only fair treatment is statistically significant and positively related to the whistleblowing practice. The findings imply that if employees perceive that the organization provides fair treatment in terms of career advancement, awards, training, performance appraisal, job assignment, and pay increases, they would tend to report wrongdoing activities to protect the image of the organization. Practical implications: The findings of the study will help the policy makers to ensure better working environment and accountability in the public sector of Malaysia and other similar countries. Originality/value: This is an original study based on primary data to examine the current practices of whistleblowing and its relationship with the practices of job satisfaction, fair treatment, and cooperativeness in the government linked companies of Malaysia. |
| Date: | 2019–06–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:vd2eh&r=all |
| By: | Afriyeni, Afriyeni; Marlius, Doni |
| Abstract: | This research is aimed to analyzes the factors that influence of timely submission of financial statements of listed companies in Indonesia. Factors tested in this study are profitability, liquidity, financial leverage, firm size, complexity of companies operations, public ownership, accounting firms reputation, and auditors opinion as independent variable whereas timely submission as dependen variable. The study sample consisted of 296 companies listed on the Indonesian stock exchange (IDX) and submit financial reports to Bapepem in the period 2009 – 2011. Data used in this study is secondary data and the selection of the sample by using purposive sampling. Analysis tool used is the logistic regression analysis at a significance level 5%. Hypothesis testing results show that profitabilty, firm size, complexity of companies operations, public ownership, and accounting firms reputation significantly influence the timeliness of financial statement however, no evidence that liquidity, finacial leverage and auditors opinion influence the timeliness of financial statement. From the eight variables studied only five variables that significantly affect the timeliness of financial statement namely profitability, firm size, complexity of companies operations, public ownership, and accounting firms reputation. |
| Date: | 2019–02–03 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:rv4qf&r=all |
| By: | Putra, Yosep Eka; Aziz, Nazaruddin |
| Abstract: | The aim of this study is to analyze the influence of service quality and customer satisfaction to customer loyalty at PT. Bank Rakyat Indonesia of Padang Branch Office. Samples are taken using Proportionate Cluster Random Sampling obtained of 100 customers. The study instrument is using questionnaire. The data is analyzed using Path Analysis. The result of the study showed that there is significant influence of service quality and customer satisfaction to customer loyalty. The influence of service quality to customer satisfaction is 61,5%, and the influence of service quality to customer loyalty is 54,6%. It is recommended to PT. Bank Rakyat Indonesia of Padang Branch Office to increase its service quality and customer satisfaction, because this study has proven that these variables have influenced to customer loyalty. |
| Date: | 2019–03–21 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:hcsw2&r=all |
| By: | Elvarett, Geovano |
| Abstract: | Pariwisata dan ekonomi kreatif di Indonesia dapat ditingkatkan apabila terjadi hubungan yang baik pada semua pemangku kepentingan yang berkonrtibusi di dalam GDP. Jaringan telekomunikasi yang baik dapat mendukung adanya tiket elektronik dan pemasaran pariwisata juga dapat dilakukan secara online yang dapat menjangkau minat wisatawan lebih luas. Pemandu wisata,visa, jumlah frekuensi penerbangan dan organisasi MICE dalam destinasi wisata turis sangat efektif untuk menarik orang asing yang sedang melakukan perjalanan bisnisnya dan dapat meningkatkan pariwisata dan perekonomian di Indonesia, seperti misalnya saat pertemuan keuangan terbesar di dunia IMF yang diselenggarakan di Pulau Dewata Bali pada bulan Oktober tahun 2018 lalu, tentu orang yang datang adalah orang yang berduit dan menurut saya mereka pasti akan mendorong perekonomian di Pulau Bali dan sekitarnya karena mereka pasti membeli barang/ oleh- oleh yang tidak dapat dijumpai di negara mereka, dan tentu mereka juga akan berwisata di pulau Bali dan sekitarnya. |
| Date: | 2019–02–23 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:wfh5u&r=all |
| By: | Arna Suryani (Batanghari University, Indonesia Author-2-Name: Author-2-Workplace-Name: Author-3-Name: Author-3-Workplace-Name: Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:) |
| Abstract: | Objective – This research aims to find out how corporate social responsibility as an intervening variable on voluntary disclosure and earning responses coefficient.Methodology/Technique – The research sample was retrieved from LQ45 companies listed on the Indonesia Stock Exchange which consistently disclosure annual reports and sustainability reports for the period of 2017-2018. In analyzing the data, Structural Equation Modelling (SEM) with the support of SmartPLS (Partial Least Square) are used.Findings – Results show that voluntary disclosure has a positive and significant effect towards earning responses coefficient while voluntary disclosure has a negative effect towards corporate social responsibility. Moreover, corporate social responsibility also shows a negative effect towards Earning responses coefficient. Voluntary disclosure with corporate social responsibility as an intervening variable also shows a negative effect towards Earning responses coefficient.Voluntary disclosure can explain the variability of corporate social responsibility construct of 13,2%. Meanwhile, voluntary disclosure and corporate social responsibility can explain the variability of earning response coefficient construct of 22,7%, so that those two values are categorized as weak.Novelty – The results indicate that investors did not pay attention to the information of ccorporate social responsibility (CSR) that are shown in the annual financial reports. However, they give a positive response to voluntary disclosure of the company so that it effects the increase of Earning response coefficient.Type of Paper: Empirical |
| Keywords: | Voluntary Disclosure; Corporate Social Responsibility; Earning Responses Coefficient. |
| JEL: | M10 M14 M19 |
| Date: | 2019–11–28 |
| URL: | http://d.repec.org/n?u=RePEc:gtr:gatrjs:afr177&r=all |
| By: | Yerik Afrianto Singgalen (Halmahera University); Gatot Sasongko (Satya Wacana Christian University); Pamerdi Giri Wiloso (Satya Wacana Christian University) |
| Abstract: | This study aims to describe the community participation in regional tourism development from the perspective of Arnstein's theory through ladder of participation in Pitu Beach as the top Tourist Destination of North Halmahera Regency, Indonesia. The primary data used in this study were obtained from the representatives of local government (district-subdistrict-village), youth organization, local entrepreneur community and stakeholders who involved in regional tourism development of North Halmahera. While the secondary data were obtained from the Public Works Office of North Halmahera Regency. The results show that community participation in regional tourism development showed the existence of the control society in tourism planning, implementing and evaluating the development program. Thus it could be proofed that community-based tourism approach had been successfully implemented in the context of North Halmahera, Indonesia. |
| Keywords: | community participation,regional tourism development,North Halmahera Regency |
| Date: | 2019–12–15 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-02342716&r=all |
| By: | Syarif, Reza Fairilham |
| Abstract: | Tourism and creative economy in Indonesia can develop properly if there is a good synergy among all stakeholders to contribute to GDP, employment, and foreign exchange reserves. Telecommunication networks and e-tourism support is necessary for tourism marketing and electronic ticketing. Tour operators in the country, direct flights, visa-free, and the organization of MICE in the tourist destinations are very effective to attract foreigners who travel on business and have a very large multiplier to boost tourism and creative economy in Indonesia |
| Date: | 2019–02–27 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:xf2ew&r=all |
| By: | purba, martin |
| Abstract: | This study aims to see the effect of the mundell-fleming model on changes in GDP that occurred in Indonesia in 2010 - 2017. In this study using simultaneous equations because in the mundell-fleming model there are several similarities, so the phenomena that occur in Indonesia can be clearly seen. This study found that in the IS Model direct investment and net exports that occurred in Indonesia did not have an impact on changes in Indonesia's GDP while in the LM model the interest rate and inflation did not have an impact on changes in Indonesia's GDP. This condition is more due to lower sales compared to production that occurred in Indonesia and changes in supply of real money balances. |
| Keywords: | goods market, money market and mundell-fleming model. |
| JEL: | E10 E19 |
| Date: | 2019–03–29 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:97407&r=all |
| By: | Yupawan Vannavanit (Kasetsart University); Sirirat Kosakarika (Kasetsart University) |
| Abstract: | The paper aims to study the level of customer satisfaction in using Shopee application for shopping in Thailand. Shopee is the largest retail e-commerce in Southeast Asia. The study is based Electronic Service Quality Model (E-S-QUAL) and electronic recovery service quality (E-Recs-QUAL). 100 online questionnaires have been distributed to Shoppe customers who had an experience in using Shopee application. The study result reveals that most respondents are single and female with an average age of 21. The level of satisfaction is high for all dimensions. To be more specific, the highest level of satisfaction is witnessed in system availability while privacy, efficiency, responsiveness, fulfillment and contact share similar satisfactory level of high. The lowest is compensation. The study also reveals that there are differences in placing important to those dimensions, which can be divided into 3 categories. High degree of importance efficiency and fulfillment while moderate degree of significance consists of privacy system availability responsiveness. The least importance factors are contact and compensation. The study suggests that the quality of fulfillment should be improved because of there being high level of importance from customer perspective with moderate satisfactory level. |
| Keywords: | Shopee Application, Satisfaction, Thai Customer |
| JEL: | M31 |
| Date: | 2019–10 |
| URL: | http://d.repec.org/n?u=RePEc:sek:iacpro:9712140&r=all |
| By: | Alam, Md. Mahmudul (Universiti Utara Malaysia); Said, Jamaliah; bin Abd Aziz, Mohamad Azizal |
| Abstract: | Purpose - This study assesses the status of current practices of accountability and its relationship with the practices of integrity system, internal control system, and leadership qualities in the public sector of Malaysia. Design/methodology/approach – This study collected primary data from 109 departments and agencies under 24 federal ministries in Malaysia. The data were analysed under descriptive statistics, ordinal regression, and structural equation modelling (SEM). Several diagnostic tests were conducted to check the validity and reliability of data and models, such as Cronbach alpha test, Kaiser-Meyer Olkin test, Shapiro Wilk test, Internal Consistency Reliability, Indicator Reliability, Convergent Validity, and Discriminant Validity, etc. Findings - The regression and SEM results show that the practices of integrity system and leadership quality had statistically significant positive relationship, but the practice of internal control system showed mixed relationship with the practices of accountability. Practical implications - The findings of the study will help the policy makers to ensure better accountability in the public sector in Malaysia and other countries. Originality/value – This is an original study based on primary data to examine the current practices of accountability and its relationship with the practices of integrity system, internal control system, and leadership qualities in the public sector of Malaysia. |
| Date: | 2019–06–15 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:94d8v&r=all |
| By: | Sri Rahayu (Department of Accounting, School of Economic and Business, Telkom University, Indonesia Author-2-Name: Kurnia Author-2-Workplace-Name: Department of Accounting, School of Economic and Business, Telkom University, Indonesia Author-3-Name: Djusnimar Dzulistina Author-3-Workplace-Name: Department of Accounting, School of Economic and Business, Telkom University, Indonesia Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:) |
| Abstract: | Objective – The study aims to evaluate the successful implementation of the village financial system.Methodology/Technique – This research was conducted in the Karangpawitan district of Garut, Indonesia which has 40 villages. Evaluation of the success of the implementation of this system uses the adopts and incorporates the Technology Acceptance Model and the updated DeLone and McLean models referring to information systems implementation research in the public sector.Findings – The variables used are information quality, management support, perceived ease of use, perceived usefulness, service quality, system quality, training, behavioral intention, user satisfaction, and user involvement. As an analytical tool PLS is used which shows the results of research there are an influence system quality on management support, training, and user involvement. Service quality on management support, user involvement on perceived ease of use, training on perceived usefulness, behavioral intention on user satisfaction. From the results of the opinion of the respondents that the most important is the need for management support so that the implementation of the system can be successful.Novelty – The model presented is expected to be input in paying attention to variables that can be used for decision making and as a tool to evaluate the implementation of this information system, for the future research can be done with a wider population so that it can reflect comprehensive results.Type of Paper: Empirical |
| Keywords: | Village Financial System, TAM, Implementation, DeLone and McLean, Information System |
| JEL: | P43 P49 |
| Date: | 2019–12–10 |
| URL: | http://d.repec.org/n?u=RePEc:gtr:gatrjs:afr176&r=all |
| By: | Shafira, Aida |
| Abstract: | Meningkatkan daya saing pabrik gula di Indonesia, agar nilai ekspor tinggi dan mecapai swasembada gula. |
| Date: | 2019–02–25 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:y4en5&r=all |
| By: | Begawati, Nova |
| Abstract: | Penelitian ini bertujuan untuk membuktikan adanya penerapan momentum strategi di Bursa Efek Indonesia. Pada penelitian ini digunakan beberapa perusahaan manufaktur yang listed di Bursa Efek Indonesia. Data yang digunakan adalah data sekunder dalam bentuk perkembangan harga saham perusahaan secara individu, dan indeks harga saham gabungan (IHSG) yang diperoleh dari web-side www.yahoo.com/finance dan www.idx.co.id. Data yang digunakan adalah data bulanan dari tahun 2002 – 2012. Untuk melakukan tahapan pengolahan data maka digunakan pengujian uji beda dengan menggunakan uji statistik. Berdasarkan hasil pengujian diperoleh hasil yang menunjukan adanya perbedaan cumulative average abnormal return setelah dilakukan pengurangan antara perusahaan winner dengan loser. Kecenderungan yang terbentuk menunjukan bahwa nilai rata rata cumulative average abnormal return perusahaan winner berada diatas 0 dan nilai t-hitung bertanda positif yang menunjukan bahwa perusahan winner tidak mengalami perubahan posisi begitu pun dengan perusahaan loser kecenderunan pergerakan harga saham dan abnormal return yang diperoleh investor terus mengalami peningkatan. Kondisi ini menunjukan implementasi momentum strategi berjalan dengan efektif. |
| Date: | 2019–02–25 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:h4y8z&r=all |
| By: | Kamaluddin, Amrizah; Kassim, Nawal; Alam, Md. Mahmudul (Universiti Utara Malaysia); Abu Samah, Siti Akmar |
| Abstract: | To identify the human capital construct that significantly relates to the performance of Islamic organizations, this study obtained data from Islamic microfinance organizations in Malaysia using the survey questionnaire method. In addition, we interviewed renowned scholars in the fields of Islamic accounting and Shariah law. Consequently, this study proposes an extended model of human capital that is applicable to Islamic organizations. Apart from knowledge and competency, this study includes spiritual value as another construct of human capital in Islamic organizations. Knowledge includes ideas that are relevant to the accounting and auditing spectra, as well as Shariah principles and jurisprudence. By contrast, competency refers to the ability to innovate unique Shariah-compliant products that are rare and difficult to imitate. Meanwhile, spiritual values embrace the elements of “Siddiq,” “Amanah,” “Fathonah,” and “Tabligh.” This study affirms that knowledge, competency, and satisfaction are the most significant constructs of human capital that explain performance. Factor analysis indicates that spiritual value is embedded in and forms part of the human capital construct. Hence, spiritual value is a key element in company culture and contributes significantly to organizational success. This model can be a platform for human capital reporting in the relevant Islamic and conventional organizations. |
| Date: | 2019–06–13 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:962yu&r=all |
| By: | Putri, Nofriani; Tanjung, Mariani St.B |
| Abstract: | Perkembangan dunia usaha saat ini termasuk sektor perbankan di kota Padang beberapa tahun belakangan ini mengalami kemajuan yang sangat pesat, perkembangan ini berkait dengan adanya sektor ekonomi nasional, adanya berbagai kemudahan yang diberikan oleh pemerintah dengan menciptakan cara atau suasana yang baik bagi perkembangan usaha di bidang perbankan di Indonesia. Hal ini di buktikan dengan banyaknya bank baru yang membuka kantor cabang di Sumatera Barat terutama di Kota Padang. Perbankan merupakan segala sesuatu yang menyangkut tentang bank, kelembagaan, kegiatan usaha, serta cara dan proses dalam melaksanakan kegiatan usahanya,dimana fungsi utamanya adalah sebagai penghimpun dana dari masyarakat dan menyalurkan kembali kepada masyarakat melalui kredit, yang bertujuan untuk menunjang pelaksanaan pembangunan dan hasil-hasilnya, serta pertumbuhan ekonomi bagi kehidupan rakyat banyak. Banyaknya bank yang ada di Indonesia saat ini, membuat persaingan semakin ketat dan berlomba untuk memperoleh peringkat paling baik dimata masyarakat, khususnya di Kota Padang. Oleh sebab itu, diperlukan strategi yang baik oleh masing-masing bank guna meningkatkan laba dan memiliki kualitas yang baik. Salah satu cara bank yang tepat adalah adanya Peranan Customer Service (CS) dalam meningkatkan pelayanan pelanggan terhadap nasabah di bank atau instansi lain , karena pelayanan pelanggan yang bermutu merupakan kunci sukses dan dasar untuk membangun keberhasilan di suatu perusahaan. |
| Date: | 2019–01–31 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:fmnkz&r=all |
| By: | wunawan, Brian girvan |
| Abstract: | Tugas Perekonomian Indonesia: Review jurnal riset ekonomi dan manajemen: meningkatkan produktivitas dan juga daya saing pabrik gula di indonesia pada era masyarakat ekonomi ASEAN -Tayipnapis,A.Z |
| Date: | 2019–02–16 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:c2wqp&r=all |
| By: | Abdul Wahid Tuasikal (Master of Applied Economics, Padjadjaran University) |
| Abstract: | The main objective of this research is to examine the effect of government expenditures on the transportation sector and that effect on economic growth in Indonesia from 1986 to 2016. The research employed long time series data, utilizing the Ordinary Least Square (OLS) regression method to analyze the data collected. The data analyzed show that government expenditures on transportation as a physical capital and government expenditures on education as human capital significantly affect economic growth in Indonesia. On the contrary, the expenditures on housing and health indicated no contribution for national economic activity. This study recommended that government must ensure the budget for transportation development. The government must pay more attention to the allocation of the education budget for regions outside Java, by building educational facilities in areas that are still in the poor category that will improve their standard of living. Lastly, government should pay more attention to bureaucratic system specifically the procurement of goods and services and give punishment to those who divert and embezzle public funds. |
| Keywords: | Government Expenditure, Transportation Sector, Economic Growth, Indonesia |
| JEL: | H0 |
| Date: | 2020–01 |
| URL: | http://d.repec.org/n?u=RePEc:unp:wpaper:202001&r=all |
| By: | Binti Mohd Shafarin, Nur Aisyah |
| Abstract: | The study’s aim is an attempt to determine the altogether performance of Telekom Malaysia Berhad which involved two main factors of internal (firm-specific) and external (macroeconomics) factors of Telekom Malaysia. This data was interpreted and collected Telekom Malaysia annual reports of five year period from 2014 to 2018. There are four risks involved which are liquidity risk, credit risk, operational risk, and market risk. Measurement of current ratio, quick ratio, average-collection period, debt to income ratio, operational ratio, and operating margin are used to examine the overall five years performance of Telekom Malaysia. Hence, to determine the relationship of these risk factors to the company’s performance, this study used liquidity risk, credit risk, operational risk, market risk, gross domestic products (GDP), inflation, interest rate, exchange rate, BETA, and corporate governance index. SPSS system is used to do data analysis in which by implementing stepwise method which applies the descriptive statistics, correlation, and model summary. Based on the data analysis, we can conclude that operational risk is the most significant to ROA since it gives the highest impact on performance of the company. Nonetheless, the other variables give low impact on the ROA and there is no significant related with |
| Keywords: | Performance, operational risk |
| JEL: | G32 G38 |
| Date: | 2019–11–20 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:97360&r=all |
| By: | Grace, Karania Melody |
| Abstract: | Tourism and creative economy in Indonesia can develop properly if there is a good synergy among all stakeholders to contribute to GDP, employment, and foreign exchange reserves. Telecommunication networks and e-tourism support is necessary for tourism marketing and electronic ticketing. Tour operators in the country, direct flights, visa-free, and the organization of MICE in the tourist destinations are very effective to attract foreigners who travel on business and have a very large multiplier to boost tourism and creative economy in Indonesia. |
| Date: | 2019–02–15 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:3n45z&r=all |
| By: | purba, martin; Nababan, Ade |
| Abstract: | This study aims to look at the effects of shocks that occur in Indonesia using the Mundell-Fleming model. Analysis to see the effects of shocks using the vector autoregression (VAR) model. We chose the VAR model because of the complexity of the economic phenomenon that might occur in the open economy that occurred in Indonesia. The results how the relationship and effects of shocks that occur in gross domestic product, private sector household consumption, direct investment, government consumption expenditure, and net exports occur in Indonesia in the goods market. In addition, this study also examines the relationship and effects of shocks between gross domestic product, the money supply, inflation, and the interest rate that occurs in Indonesia on the money market. |
| Keywords: | Mundell-Fleming, Goods market, Money market. |
| JEL: | E01 E17 E21 E22 E27 F45 |
| Date: | 2019–09 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:97410&r=all |
| By: | Atan, Ruhaya; Alam, Md. Mahmudul (Universiti Utara Malaysia); Said, Jamaliah; Zamri, Mohamed |
| Abstract: | Purpose - The ESG factor, which consists of environmental, social, and governance factors, represents the non-financial performance of a company. United Nations Principles for Responsible Investment (UN-PRI) invites investors to consider ESG issues when evaluating the performance of any company. Moreover, nowadays the contribution of corporations towards sustainable development is a major concern of investors, creditors, government, and other environmental agencies. Therefore, the purpose of this paper is to examine the impact of ESG factors on the performance of Malaysian public limited companies in terms of profitability, firm value, and cost of capital. Design/methodology/approach – A total of 54 companies are selected from Bloomberg’s ESG database that has complete ESG and financial data from 2010 to 2013. This study conducted panel data regressions such as the pooled OLS, fixed effect, and random effect. Findings - Based on the regression results, there is no significant relationship between individual and combined factors of ESG and firm profitability (i.e., ROE) as well as firm value (i.e., Tobin’s Q). Moreover, individually, none of the factors of ESG is significant with the cost of capital (WACC), but the combined score of ESG positively and significantly influences the cost of capital (WACC) of a company. Practical implications - As this is a new study on Malaysia, the findings of this study will be useful to investors, SRI analysts, policy makers, and other related agencies. Originality/value – To the best of the authors’ knowledge, this study is among the first empirical study to examine the impact of ESG factors on the performance of Malaysian public limited companies in terms of profitability, firm value, and cost of capital. |
| Date: | 2019–06–13 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:ntz52&r=all |
| By: | CANDRA FAJRI ANANDA (Supervisory Board of Bank Indonesia); ABDUL MANAP PULUNGAN (Supervisory Board of Bank Indonesia); RAHMIA HASNIASARI (Supervisory Board of Bank Indonesia) |
| Abstract: | The financial technology (fintech) has a fundamental impact on the economy, particularly for emerging economies through improving financial inclusion and reducing the poverty level, unemployment, and income inequality (Furche et al, 2017). The rapid development of fintech should not be seen as a favourable condition alone. Several research argue that this phenomenon might impact to the existing financial industry, bank for instance (Wong, 2017; Temelkov, 2018) and at some point it will possibly run beyond the reach of regulation. Thus, regulator needs to start right to minimize the potential drawback of the fintech development including the potential disruption to the financial stability.This research employs the ?separating apples from oranges? framework from Minto et al (2017) that consists of four filters in categorizing fintech and aims to: (1) figure out the most significant part to be regulated in the fintech industry in Indonesia; (2) give an advisable input to central bank in mitigating the issue without burden the growth of fintech. It is interesing to have a further look on the fintech development in Indonesia since it gave significant contribution in the national economy. As an ecosystem of fintech, Delloitte (2016) revealed that digital economy in Indonesia led to the 2% annual GDP and 80% growth of small-medium enterprises (SME). |
| Keywords: | financial technology, central bank, financial regulator, regulation, regulating financial technology |
| JEL: | E58 O10 |
| Date: | 2019–10 |
| URL: | http://d.repec.org/n?u=RePEc:sek:iacpro:9912270&r=all |
| By: | panagan, Jan misael |
| Abstract: | Bolabasket merupakan salah satu olahraga yang semakin digemari di kalangan muda Indonesia, termasuk di Kota Surabaya. Bertambahnya peminat dan pertandingan-pertandingan bolabasket di Kota Surabaya, mulai dari tingkat sekolah dasar sampai mahasiswa, menjadi bukti bahwa bolabasket mengalami perkembangan yang sangat pesat. Namun berkembangnya bolabasket tidak berbanding lurus dengan prestasi bolabasket Kota Surabaya. Pencapaian suatu prestasi di bidang olahraga bolabasket pada dasarnya merupakan hasil akumulatif dari berbagai aspek yang mendukung, salah satu yang paling penting adalah pelatih. Ada banyak informasi kepelatihan yang dibutuhkan oleh pelatih bolabasket dalam menunjang karir kepelatihannya, seperti informasi mengenai metode latihan, cara melatih sebuah tim berdasarkan usia atau tingkat permainan, strategi dalam bertahan dan menyerang, data statistik pertandingan dan kondisi fisik seorang pemain, perubahan peraturan pertandingan dan cara mengelola sebuah tim. Namun para pelatih di Kota Surabaya kesulitan dalam mendapatkan informasi-informasi tersebut karena keterbatasan referensi. Selain itu pelatih juga tidak memiliki media untuk dapat saling berbagi pengetahuan. Sebagai yang paling bertanggung jawab atas prestasi bolabasket Kota Surabaya, maka Perbasi Kota Surabaya harus bisa menyusun rencana strategi yang baik untuk bisa memberikan pelayanan terbaik terhadap anggotanya, khususnya para pelatih bolabasket. Untuk mengukur pencapaian strategi Perbasi Kota Surabaya selama ini dapat digunakan Balanced Scorecard sebagai alat ukur berbasis strategi, meliputi financial prespective, internal process business prespective, customer perspective dan learning and growth perspective. Pendekatan penelitian yang digunakan adalah pendekatan deskriptif kualitatif dengan menggunakan metode studi observasi dan wawancara. Berdasarkan Analisis pencapaian strategi menggunakan balanced scorecard pada strategi yang digunakan oleh Perbasi Kota Surabaya dalam meningkatkan kualitas di Kota Surabaya telah tercapai dengan baik. |
| Date: | 2018–02–06 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:vr9d2&r=all |
| By: | Kurniawan, Putu Sukma (Universitas Pendidikan Ganesha) |
| Abstract: | Corporate sustainability report has become a new paradigm in the evolution of corporate reporting. Corporate sustainability report is a form of corporate management responsibility to all of the stakeholders. This study aims to create a map of information materiality contained in the sustainability report of the banking industry in Indonesia.The method used is analyze content of sustainability reports of the banking industry in Indonesia. Data collection is done by looking for secondary data through page of Indonesia Stock Exchange or company official website. Data analysis was done descriptively by analyzing the contents of sustainability report. The analysis is done by comparing the contents of the sustainability report with the disclosure items contained in the GRI G4 reporting standard (Fourth Generation of Global Reporting Initiative), especially in GRI G4 Sector Disclosures Financial Services. The results of this study produce maps containing material information in the sustainability report of the banking industry. The results of this study may contribute to the management of the company to identify the material information that can be submitted to the company's stakeholders. |
| Date: | 2017–12–29 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:yrg8d&r=all |
| By: | Yamarizky, Rafi |
| Abstract: | Pariwisata dan ekonomi kreatif di Indonesia dapat berkembang jika ada sinergi yang baik di antara semua pemegang kepentingan untuk berkontribusi terhadap PDB, pekerjaan, dan cadangan valuta asing. Jaringan telekomunikasi dan dukungan e-tourism diperlukan untuk pemasaran pariwisata dan tiket elektronik Operator tur negara, penerbangan langsung, bebas visa, dan organisasi MICE di tujuan wisata sangat efektif untuk menarik orang asing yang melakukan perjalanan bisnis dan memiliki pengganda yang sangat besar untuk meningkatkan pariwisata dan ekonomi kreatif di Indonesia |
| Date: | 2019–02–24 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:dhmsq&r=all |
| By: | tanu, eka daiva; Zafrullah, Ahmad |
| Abstract: | Kesadaran akan peta persaingan bisnis yang semakin ketat di era industri 4.0 telah membuat banyak orang organisasi bisnis di Indonesia sibuk mempersiapkan diri, terutama yang terkait dengan pengembangan sumber daya manusia, untuk siap bersaing di era global. |
| Date: | 2019–02–27 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:vu5sb&r=all |
| By: | Wulandari, Rika; Susanto, Romi |
| Abstract: | Penelitian ini dilakukan untuk mengetahui bagaimana penerapan manajemen risiko operasional pada unit teller yang dilaksanakan pada PT. Bank Pembangunan Daerah Sumatera Barat Cabang Lubuk Alung. Mengingat risiko operasional ini bukanlah jenis risiko baru yang dihadapi oleh sebuah bank karena risiko ini melekat dan terus berkembang pada kegiatan operasional bank. Penulis menggunakan metode kualitatif yang menjelaskan secara deskriptif yaitu dengan menguraikan data secara sistematis dari fakta-fakta yag didapat kemudian dihubungkan dengan penerapan manajemen risiko operasional pada unit teller pada PT. Bank Pembangunan Daerah Sumatera Barat Cabang Lubuk Alung. Penerapan Manajemen Risiko Operasional pada Unit Teller terlihat pada aktivitas harian yang dilakukan. Dimulai pada pagi hari dimana head teller yang mendapat wewenang untuk masuk khasanah akan melakukan serah terima cashbox kepada masing-masing teller yang bertanggung jawab sepenuhnya atas ini masing-masing cashbox, selanjutnya teller akan siap memulai aktivitas hariannya. Hasil penelitian menunjukkan bahwa Penerapan Manajemen Risiko Operasional yang dilakukan oleh PT. Bank Pembangunan Daerah Sumatera Barat Cabang Lubuk Alung telah sesuai dengan konsep-konsep yang telah ditetapkan oleh Bank Indonesia sehingga dapat menekan tingkat kerugian operasional. Penulis menyarankan agar Penerapan Manajemen Risiko Operasional harus lebih ditingkatkan dan pengawasan yang lebih ketat lagi. |
| Date: | 2019–02–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:pjgch&r=all |
| By: | , Rahmadani; Tanjung, Mariani St.B |
| Abstract: | The development of the business world today, including the banking sector in the city of Padang in recent years experienced a very rapid progress, this development relates to the sector of national economy, the various facilities provided by the government to create a way or a good atmosphere for the development of business in banking in Indonesia. This is attested by the number of new banks to open branch offices in West Sumatra, especially in Padang. Banking is everything that concerns about banks, institutional, business activities, as well as the manner and process of conducting its business, where its main function is as a collector of funds from the public and to channel back to the community through credits, which aims to support the implementation of development and its results, as well as economic growth in the lives of many people. The number of banks in Indonesia at this time, to make the competition tighter and competing to gain the top rank in society, particularly in the city of Padang. Therefore, a good strategy is needed by each bank in order to increase profits and has good quality. One way the right bank is the role oj Customer Service (CS) in improving customer service to customers in the bank or other institution, because the quality of customer service is the key to success and the basis for building. |
| Date: | 2019–02–04 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:8wkq7&r=all |
| By: | Anggraini, Rossy |
| Abstract: | Gula merupakan salah satu komoditi kebutuhan pokok rakyat seperti membangun kesejahteraan dan dapat menjangkau seluruh aspek kehidupan manusia, masyarakat,bangsa, dan negara serta berpengaruh cukup signifikan terhadap inflasi. Indonesia pernah menjadi eksportir gula terbesar kedua di dunia setelah Kuba, tepatnya saat zaman Kolonial Belanda yakni pada dekade 1930-an. Kebutuhan gula konsumsi saat ini masih bergantung pada impor dan belum mencapai target swasembada gula. Sehingga, pabrik gula di Indonesia kesulitan untuk memperoleh laba marjin, dan sebagian lagi sudah merugi karena tingginya biaya operasional, inefisiensi pada tingkat on farm dan off farm serta rendahnya tingkat produktivitas. |
| Date: | 2019–02–25 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:q3tmg&r=all |
| By: | Mei-Line Le Goueff-Duong (Université de Poitiers - Faculté de Droit et Sciences sociales - Université de Poitiers) |
| Abstract: | Afin d'accroitre sa légitimité et d'exporter son modèle unique d'intégration du développement durable dans ses politiques et sa législation vers les autres pays, tels que le Vietnam, l'Union européenne conclut des accords de libre-échange de nouvelle génération. Ainsi, l'accord de libre-échange (ALE) UE-Vietnam permet, d'une part, de renforcer la connectivité économique et les liens diplomatiques et « amicaux » entre l'Union européenne et le Vietnam, et d'autre part, de créer des mécanismes innovants intégrant les critères environnementaux et sociaux au sein des instruments économiques, en particulier le commerce international. |
| Keywords: | Développement durable — Accord de libre-échange — Droit de l’environnement — Droits sociaux — Coopération — Commerce international — Pays en développement |
| Date: | 2019–12–22 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-02389640&r=all |
| By: | Afriyeni, Afriyeni; Marlius, Doni |
| Abstract: | The purpose of this study is to find out how much the rate of return earned on investments in banking companies studied, to find out how to obtain the level of risk in the stock investment banking firm selected as a sample, and to determine how the analysis of macroeconomic variables on the level risk and rate of return on investments in companies studied. In this study, the population is banking companies listed in Indonesia Stock Exchange (BEI) from 2005 to 2007 as many as 30 companies. The samples studied were limited to 10 banking companies from 2005-2007. The method used was purposive sampling method. Based on the calculations, the rate of return and the highest level of risk that is happening at PT. Kimia Farma (Persero) Tbk amounting to 8% with a risk level of 24.86% and the lowest or loss (capital loss) that is on the PT. Kalbe Farma Tbk was -0.08% with a 6.77% risk level that occurred in 2007. From the years 2005-2007 the value of GDP has fallen so the rate of return of each stock is not worth the risk to be faced. In the last three months in 2005 until September 2006, inflation ranged between 14% -19% and in October 2006 through the end of 2007, the inflation rate did not exceed 7%. With high inflation, the stock returns at year-end 2005 to end 2006 down and inflation is down and the rate of return of sahampun began to increase. At the end of 2005 not only the value of high inflation, but the SBI interest rate is also high and the weakening of the rupiah against the U.S. dollar resulted in the investment climate in Indonesia is not good enough for investors. |
| Date: | 2019–03–10 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:cfb92&r=all |
| By: | Ek-anong Tangrukwaraskul (Kasetsart University); Kiriya Kulchanarat (Kasetsart University) |
| Abstract: | Regarding Megatrends, healthcare is one of the most popular sector for investors. Global healthcare expenditures are expected to continue to rise as spending is projected to increase at the rate of 5.4 percent per annum, from USD $7.724 trillion in 2017 to USD $10.059 trillion in 2022. Results from CBRE?s recent EMEA-wide Investor Survey show that healthcare is one of the most popular subsectors of the alternatives market and that large numbers of investors are looking to get into the sector. Firm?s financial performance is often used as the key metrics when making investment decision. However, a number of financial ratios has to be collectively considered in order to provide an appropriate evaluation of financial performance. This study aims to propose a multi-criteria decision-making (MCDC) model to measure and compare the financial performance of twenty-three healthcare firms listed in Thailand Stock Exchange. These firms are examined and assessed in terms of eight financial ratios which are combined to obtain a financial performance score by using Technique for Order Preference by Similarity to Ideal Solution Methods (TOPSIS). TOPSIS helps to rank these firms for three-year time period between 2016 and 2018. This study will find out whether the ranking results of TOPSIS and whether the firms can keeps their position throughout the three years. |
| Keywords: | Multi-Criteria Decision Making (MCDC), TOPSIS, Healthcare Sector, Financial Performance |
| JEL: | D70 G10 |
| Date: | 2019–10 |
| URL: | http://d.repec.org/n?u=RePEc:sek:iacpro:9711727&r=all |
| By: | hadi, leony |
| Abstract: | The development of digital economy in Indonesia/ Leony/130216039/kp B |
| Date: | 2019–03–11 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:2nuek&r=all |
| By: | Said, Jamaliah; Alam, Md. Mahmudul (Universiti Utara Malaysia); Abdullah, Nik Herda Nik; Zulkarnain, Nur Nadiah |
| Abstract: | This study assesses the status of the current level of market orientation among the Government-Linked Companies (GLCs) in Malaysia. This study collected primary data based on a set of questionnaire survey among 134 executives and managers of GLCs in Malaysia. The data were collected based on opinions of the ten factors of market orientation practices by using the five-point Likert scale. The data were analysed using descriptive statistics. On an average, 86.6% of the respondents agreed that they focus on these factors of market orientation. The federal owned GLCs place more emphasis on market orientation than the state owned GLCs. This study suggests improving the practices of market orientation of GLCs in Malaysia by emphasizing on providing close attention to after-sales service, responding rapidly to the threats of competitive actions, regularly discussing the competitors’ strengths and strategies by top management, and freely communicating successful and unsuccessful customer experiences across all business functions. It is suggested that Malaysian GLCs should serious invest in market orientation to deliver higher accountability outcomes. |
| Date: | 2019–06–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:uxfqa&r=all |
| By: | Afriyeni, Afriyeni; fernos, jhon |
| Abstract: | Property sector companies whose shares are traded on the Indonesia Stock Exchange (IDX) has a period of booming growth dynamics of a property crash period when the economic crisis. Economic Value Added (EVA) valuing the company economically while assessing the company's stock price is the market. Four determinant factors in the EVA model framework: profitability (ROA), capital structure (debt ratio), beta stocks and interest rates; investigated its effect on EVA and its implications for stock price movement. Testing hypotheses through stages: (i) the design of the model-path (path analytical model), (ii) parameter estimation, (iii) analysis of the model, and (iv) model evaluation. Estimation models with SPSS ver ver 10:05 and 8:51 LISREL. The results are: (i) EVA influenced by, from the most dominant, ROA profitability levels, interest rates, debt ratio, and beta stocks (R2 = 95%). ROA has a positive effect, interest rate and debt ratio negatively, whereas no significant effect of beta stocks (balance); (ii) The movement of stock prices are influenced by, from the most dominant, beta stocks, interest rates, ROA, and the debt ratio (R2 = 20%). ROA beta and positive influence, a negative influence interest rates, whereas the effect of debt ratio balance; (iii) If the ROA rose one standard unit, precision EVA rose 0.98 units and the stock price rose 0.20 units, if the interest rates go down one unit, EVA rose by 0.10, the stock price rose 0.25 units; if debt ratio down one unit, EVA rose 0.06 units, but does not cause a change in the stock price; when beta stocks rose one-unit standard, EVA has not changed but the stock price will rise by 0:37 units, ceteris paribus. Single regression analysis model EVA exogenous to the movement of stock prices show that the company's share price movements in the property sector IDX very little influenced by variations in EVA (4.7%), the stock price will rise by 0:22 dipresisikan if EVA unit up one unit, ceteris paribus. |
| Date: | 2019–03–15 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:qf5nm&r=all |
| By: | Prabowo, Noval; Susanti, Febsri |
| Abstract: | This study aims to menganilisis how much influence on the Service Quality Customer Satisfaction PT. KAI in Pariaman Station. After knowing the relevant literature review, this study set out important variables that allegedly affect Customer Satisfaction ie Reliability (X1), Responsiveness (X2), Assurance (X3), Empathy (X4) and Tangible (X5). Quantitative analysis includes: Validity and reliability, Descriptive Analysis, Classical Assumption Test, Analysis of linear regression, hypothesis testing via t test and F test, and analysis of determination (R2). Qualitative analysis is the interpretation of the data obtained in the study and the results of data processing that has been carried out by giving a description and explanation. The data that have met Validity, Reliability and Test Test Classical Assumption processed resulting regression equation as follows: Y = 8083-0240 X1 + X2 0083 + 0307 + 0888 X3 X5 + X4 + 0309 + e, Where Customer Satisfaction variable (Y), the variable Reliability (X1), Responsiveness (X2), Assurance (X3), Empathy (X4) and Tangible (X5). Hypothesis testing using t tests showed that the Reliability (X1), Responsiveness (X2), Assurance (X3), Empathy (X4) and Tangible (X5) studied had a significant influence on customer satisfaction. Then through the F test showed that the variables Reliability (X1), Responsiveness (X2), Assurance (X3), Empathy (X4) and Tangible (X5) simultaneously influence consumer satisfaction. Adjusted Figures Rsquare that is equal to 0375 which showed that between Reliability, Responsiveness, Assurance, Empathy and Tangible able to explain jointly to Consumer Satisfaction PT. KAI in Pariaman stations by 37.5%, while the rest influenced by other variables not included in this study. |
| Date: | 2019–02–04 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:qskzf&r=all |
| By: | Riatu Mariatul Qibthiyyah (Department of Economics, Faculty of Economics and Business, Universitas Indonesia) |
| Abstract: | During 2013–2016, there are policy changes on Personal Income Tax (PIT) exemption, stated in PMK No. 162/PMK.011/2012, PMK No. 122/PMK.010/2015, and PMK No. 101/PMK.010/2016. Nonetheless, there is no empirical study yet, to my knowledge, that evaluates this policy. An increase of PIT exemptions can be viewed from distributive aspect, of how the incidence (benefit) distributed across taxpayers’ disposable income, as well as on the effciency aspect, whether it has or has not affected labor supply. This study explored on the effciency aspect. The agents – taxpayers as workers – now may experience an increase in net income due to a more generous exemption, and whether the policy of PIT exemption may in?uence taxpayers’ labor supply is more of an empirical question. I use SAKERNAS data from 2010–2018 and estimation model is limited to only consider paid (labor) employment rather than self-employment. On paid (labor) employment, ?rms function as withholding that can extract some of PIT from employee’s salary, and thus paid (labor) employee may then ?le PIT return. My preliminary result shows that effect of PIT exemption policy change is heterogenous across group of population. PIT exemption expansion increases labor supply of paid (labor) employees of the previously lowest income bracket of PIT. However, although to an extent tax saving may be higher for middle to high income individuals, taxpayers referring to individuals in income bracket of 15% rate tend to be not affected by the policy of PIT exemption. |
| Keywords: | personal income tax — tax exemption — labor supply |
| JEL: | H24 J21 |
| Date: | 2019–10 |
| URL: | http://d.repec.org/n?u=RePEc:lpe:wpaper:201939&r=all |
| By: | Febriani, Reni; Susanti, Febsri |
| Abstract: | The purpose of this study is to find out how the influence of life style, brand image and promotion of purchasing decision of personal care product in Pt Easton Kaleris Indonesia branch of Padang. The research method used is quantitative research. The sampling technique used is the sample size technique is purposive sampling. So from the population is taken a sample of 100 respondents. Data analysis techniques used are validity test, classical assumption test, multiple linear regression test, F test and T test. Based on multiple regression analysis, life style, brand image and promotion toward personal care product purchase decision in PT Easton Kaleris Indonesia. From the results of persial emerged life style and brand image significantly influence purchasing decisions, the value of significance produced < 0.005. While the promotion variable does not affect the purchase decision because the value of significance is generated> 0.005. |
| Date: | 2019–02–20 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:u5x3t&r=all |
| By: | Raj-Reichert, Gale. |
| Abstract: | Fuelled by outsourcing and offshoring, the electronics industry has become one of the most globally fragmented production systems, with extensive and complex global supply chains. Production of electronics in Indonesia began in the 1980s, when large brands and multinational enterprises established operations in the country. This report describes the history of the electronics industry in Indonesia, its structure, and its integration into global supply chains. Relevant public governance and private compliance initiatives that key stakeholders are pursuing to advance decent work are discussed. The report also identifies challenges and opportunities for the development of Indonesia’s electronics industry while ensuring decent work. This research report is the outcome of the second component of an ILO development cooperation project entitled “The Future of Work in Information and Communication Technology (ICT)”. It further contributes to the implementation of the ILO programme of action on Decent Work in Global Supply Chains established in 2017. |
| Date: | 2019 |
| URL: | http://d.repec.org/n?u=RePEc:ilo:ilowps:995052493402676&r=all |
| By: | Phanthipa Srinammuang (Faculty of Business Administration, Kasetsart University); NADHAKAN SHINNARANANTANA (Faculty of Business Administration, KASETSART UNIVERSITY) |
| Abstract: | This study investigated the Accounting fraud of XYZ University, Thailand and examined the significance of forensic accounting base on the scenario of the case and determined the preventive measure that will be useful in the future, and creating a strategy to keep such case from occurring not only in public university but as well as in government institutions. The examination utilized the subjective research by mulling over the announcement of official statement circulated in Television and newspaper. The examination discovered that the forensic accounting application both XYZ University and ABC Bank rehearsed poor interior control framework. The case of XYZ University demonstrated the insufficiency of present philosophies of inner and outside controls and auditing framework, thus we recommended the following: real-time checking, initiate periodical investigations, recording systems and arraignment, and separate accounting tasks. Also, we suggested to develop forensic accounting in the organization, especially the personnel involve in the finances of the company and awareness of fraud triangle. |
| Keywords: | fraud, fraud triangle, pressure, opportunity, rationalization, and forensic accounting |
| JEL: | M40 |
| Date: | 2019–10 |
| URL: | http://d.repec.org/n?u=RePEc:sek:iacpro:9712039&r=all |
| By: | Kristian, Galih Wahyu |
| Abstract: | tugas individu Perekonomian Indonesia Kp D (Galih Wahyu Kristian 130217927) |
| Date: | 2019–02–18 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:cf2ge&r=all |
| By: | Sarsono, Vitasari |
| Abstract: | Indonesia telah memasuki era industri 4.0 dimana teknologi, komunikasi dan informasi membuat peningkatan kualitas produk semakin baik dan juga lebih efisien, dimana persaingan dalam pasar global semakin ketat juga. Perusahaan dituntut untuk terus melakukan inovasi maka banyak perusahaan yang mengubah sumber daya manusia sebagai strategi dalam menghadapi perkembangan jaman didunia bisnis. Perusahaan harus melakukan inovasi terbaru dan juga melakukan peningkatan kualitas sumber daya manusia nya agar tetap dapat bersaing di era global ini. Dengan meningkatkan sumber daya manusia nya maka perusahaan tetap bisa mempertahankan karyawan menjadi lebih kompeten dan juga memiliki jiwa kompetisi yang tinggi walaupun dunia bisnis telah berkembang pesat. |
| Date: | 2018–08–30 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:hz9v8&r=all |
| By: | Ibrahim, Ahmad Zubir; Alam, Md. Mahmudul (Universiti Utara Malaysia) |
| Abstract: | The Muda Irrigation Area is one of the main paddy production areas in Malaysia. Various efforts and approaches through government interventions have been implemented to ensure the continuity of paddy production in this area. However, there are different factors that have negative impacts on paddy production including climatic factors. Therefore, with the direct components of production such as land, labor, and technology, this study uses climatic factors and government intervention to examine the influence of these factors of production on the paddy production in this area. Based on the time series data from 1981 to 2010, this study conducted the multiple log linear Ordinary Least Square (OLS) regression by considering the Cobb-Douglas production function model. The major units of production, such as land, labor, and technology, have a statistically positive relationship with paddy production. Among the climatic variables, rainfall and the number of rainy days show a statistically significant and positive relationship but temperature shows a negative relationship with paddy production. The factors of external intervention such as government subsidies and market forces also show a statistically significant and positive relationship with paddy production. To ensure the improvement of paddy production as well as to minimize the effects of climatic change, government intervention should be continued in Malaysia. |
| Date: | 2019–06–13 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:z7hw4&r=all |
| By: | Alam, Md. Mahmudul (Universiti Utara Malaysia); Murad, Wahid; Noman, Abu Hanifa Md.; Ozturk, Ilhan |
| Abstract: | This study examines the impacts of income, energy consumption and population growth on CO2 emissions by employing an annual time series data for the period 1970-2012 for India, Indonesia, China, and Brazil. The study used the Autoregressive Distributed Lag (ARDL) bounds test approach considering both the linear and non-linear assumptions for related time series data for the top CO2 emitter emerging countries in both the short run and long run. The results show that CO2 emissions have increased statistically significantly with increases in income and energy consumption in all four countries. While the relationship between CO2 emissions and population growth was found to be statistically significant for India and Brazil, it has been statistically insignificant for China and Indonesia in both the short run and long run. Also, empirical observations from the testing of environmental Kuznets curve (EKC) hypothesis imply that in the cases of Brazil, China and Indonesia, CO2 emissions will decrease over the time when income increases. So based on the EKC findings, it can be argued that these three countries should not take any actions or policies, which might have conservative impacts on income, in order to reduce their CO2 emissions. But in the case of India, where CO2 emissions and income were found to have a positive relationship, an increase in income over the time will not reduce CO2 emissions in the country. |
| Date: | 2019–06–13 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:8hq6z&r=all |
| By: | Atan, Ruhaya; Alam, Md. Mahmudul (Universiti Utara Malaysia); Said, Jamaliah |
| Abstract: | Purpose - This paper aims to examine the five dimensions of Corporate Integrity Systems and their effects on accountability outcomes of Non-Profit Organizations (NPOs). Design/methodology/approach – Data were collected from 550 survey conducted among NPOs in Malaysia registered under Registrar of Society. Regression analysis was conducted to examine the relationships between five dimensions corporate integrity systems and accountability outcomes. Findings - The findings revealed that all five dimensions of corporate integrity systems (compliance, policies and rules, organizational culture, leadership, ethics training and education, and whistle-blowing) significantly contribute to positive accountability outcomes of NPOs. Practical implications - In order for NPOs to deliver greater accountability outcomes to their stakeholders, serious emphasis on corporate integrity systems is vital. Originality/value – To the best of the authors‟ knowledge, this study is among the first empirical study to examine the role of corporate integrity system dimensions and accountability outcomes in the case of NPOs in Malaysia. |
| Date: | 2019–06–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:4epmy&r=all |
| By: | N. Kunesch (Department of Economics, SOAS University of London); Risa Morimoto (Department of Economics, SOAS University of London) |
| Abstract: | Characteristics of “wicked†problems have been applied to guide policymakers address complex, multi-faceted dimensions of social-environmental challenges, such as climate change and ecosystem management. Waste management exhibits many of these characteristics, however, literature which frames waste as a “wicked†problem is absent. Addressing this gap, this paper explores the extent to which institutional and legislative frameworks reduce waste generation, and highlights various challenges policymakers face when addressing waste management. Building a case around frameworks in the Philippines, this paper first provides a review of current waste management challenges before applying textual analysis to investigate how residual waste is addressed by existing legislation, and through ongoing legislative amendments and creation by the Philippine Congress. This research reveals discourse exists within the narrative of waste management policy. There are those policymakers with preference for greater command and control style policy and those with greater preference for reduced policy interventions. The former supports waste mitigation through encouraging and incentivising behavioural changes, while the latter emphasises increased reliance upon market-based solutions and technological innovation to reduce waste quantities. This paper ascertains debates surrounding waste management policy, such as those ongoing within Philippine congress, demonstrate that waste management can be considered as a “wicked†problem. This paper concludes successful waste management policies should be measured by reduction in waste quantities, waste volumes and the persistence of waste toxicity, in addition to decreased detrimental impacts to human and environmental health. Parameters such as these may guide policymakers navigate the “wickedness†of waste management. |
| Keywords: | wicked problems, waste management, waste pollution, plastic waste, the Philippines, government policy |
| JEL: | Q53 Q54 Q56 Q58 |
| Date: | 2019–12 |
| URL: | http://d.repec.org/n?u=RePEc:soa:wpaper:231&r=all |
| By: | Wijaya, Martin Besaliel |
| Abstract: | Review of The Developpment of Digital Economy In Indonesia by Ahmad Zafrullah, Lucia Endang and Radita Gora. The original writers state some fact of interesting development that will effect the development of digital economy in Indonesia and why it is important to us. |
| Date: | 2019–03–06 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:pcjz3&r=all |
| By: | Sari, Mayang; Afriyeni, Afriyeni |
| Abstract: | Tujuan dari penelitian ini adalah untuk mengetahui prosedur pembiayaan mudharabah yang dilakukan oleh BNI Syariah Cabang Padang. Dalam menganalisa data, penulis menggunakan metode analisa data kualitatif sebagai metode penelitian yang menjelaskan secara deskriptif mengenai prosedur pembiayaan mudharabah pada BNI Syariah Cabang Padang. Kesimpulan Prosedur pemberian pembiayaan mudharabah BNI syariah sebagai berikut: a. Pengajuan permohonan pembiayaan mudharabah. b. Syarat-syarat pembiayaan mudharabah. c. Analisis dan evaluasi pembiayaan mudharabah. d. Keputusan permohonan pembiayaan mudharabah terbagi atas keputusan pembiayaan diterima dan keputusan pembiayaan ditolak, apabila keputusan pembiayaan diterima atau ditolak disampaikan secara tertulis dengan memberikan alasan yang jelas dan bijaksana. e. Akad pembiayaan mudharabah dan Realisasi pembiayaan mudharabah. |
| Date: | 2019–03–03 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:anpux&r=all |
| By: | Halim, Paisal |
| Abstract: | The research aims to describe the substance of the agreement between enterprises with farmers in South Sulawesi. This is the qualitative research and focusing of applicable law principle in agreement. The aggreement between PTPN XIV (one of state own enterprises in Indonesia) and the farmers was the research subject. This research obtained 20 farmers and employees of PTPN XIV as informant. The research concluded the partnership pattern between the company and the farmers was the empowermentprocess of the community around the business unit.The agreement elaborated of rights and obligations of company and farmers. The legal principle contained in the agreement is principle of freedom, pact-sunt servanda principle, principle of fariness, good faith principle and principle of trust. |
| Date: | 2018–05–25 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:vda36&r=all |
| By: | Said, Jamaliah; Alam, Md. Mahmudul (Universiti Utara Malaysia); Karim, Zulyanti Abdul; Johari, Razana Juhaida |
| Abstract: | Purpose – This study aims to conduct an empirical analysis of the factors that determine the occupational fraud behaviour. Design/methodology/approach – This study utilizes primary data collected by a questionnaire based survey on 186 police officials of Malaysia including Sabah and Sarawak. Data is analysed using descriptive statistics, factor analysis, and cross-sectional regression. Findings - The results derived in the study showed a statistically significant positive relationship between three basic variables of the fraud theory – pressure, opportunity, and rationalization with asset misappropriation. Moreover, this study revealed that religiosity is statistically significantly and negatively correlated to asset misappropriation. Therefore, the higher religiosity of an individual correlates with the lower probability involve in asset misappropriation. Practical implications - The findings will help Anti-Corruption Commission, Enforcement Agency of Integrity Commission, Police Department, and relevant agencies from Malaysia and other countries to design policies for reducing cases of fraudulent behaviour. Originality/value – This study is an original work based on the primary data collection. |
| Date: | 2019–06–13 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:sy65n&r=all |
| By: | Wisuwat Chujan; Weerachart T. Kilenthong |
| Abstract: | This paper evaluates the short-term impact of an early childhood curriculum intervention on child development. Teachers in rural childcare centers in northeastern Thailand were encouraged to employ the new curriculum, which is based primarily on the HighScope approach. We overcome the endogenous decision of teachers to adopt the new curriculum by using the randomization of additional teachers as an instrument. We find that the new curriculum significantly improved child development in several dimensions, including gross motor, fine motor, expressive language, and personal and social skills, with an effect size of roughly 0.54 standard deviations for the benchmark case. The results are robust with regards to various estimation methods, child development measures, and sample selections. We also find that the impact of the new curriculum is quite homogeneous across sub-groups except in some dimensions, notably parental absence and teacher's job status. |
| Keywords: | early childhood education, early childhood curriculum intervention, HighScope, Child Development, developing countries, rural development, impact evaluation |
| JEL: | I21 J13 J24 |
| Date: | 2019–12 |
| URL: | http://d.repec.org/n?u=RePEc:hka:wpaper:2019-077&r=all |
| By: | Siregar, Nurintan Asyiah; Ritonga, Zuriani; Elvina, Elvina |
| Abstract: | Human capital is one of the main components of intellectual capital (intangible assets) owned by the company. The object of research is Bank Rakyat Indonesia (BRI) Sigambal unit. This research attempts to examine whether human capital and social capital have a significant effect on the performance of BRI Sigambal unit both individually (partially) and simultaneously. The results showed that the first, human capital had a significant effect on the performance of BRI Sigambal unit. Second, social capital had a significant effect on the performance of BRI Sigambal unit. |
| Date: | 2019–02–24 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:z69vd&r=all |
| By: | Tharinee Pongsupatt (Kasetsart University); Apichat Pongsupatt (Kasetsart University) |
| Abstract: | A number of researches have been examined the volatility of stock price in capital market for quite some time. Many studies have been undertaken to explore determinants influencing fluctuation in stock prices in different markets and dissimilar conclusions are found. The purpose of this study attempts to determine the factors that cause stock prices to increase or decrease. Eight explanatory variables including dividend yield, growth, leverage, return on equity, bookvalue per share, earnings per share, price-earning (P/E) ratio, and net profit after tax have been selected, while one controllable variable is set as firm-size. Completed financial data of577 samples from companies listed in Thailand Stock Exchange (TSE) SET 100 Index, excluding financing and banking sector, during the period of 2009-2018 are analyzed. Multiple regression model with statistic testing at the significant level 0.05 has been implemented. The results indicate strongly positive significant association between return on equity, earnings per share, price earnings and net profit after tax on firm?s stock price. Whereas dividend yield is the only factor that has negatively relationship with stock price. This model is supported with high R2 of 0.88. The findings in this study can assist investors or managers to comprehend the effect of specific determinants to company?s stock price in Thai capital market. |
| Keywords: | Stock prices, factors, dividend yield, earnings per share, ROE, capital markets |
| JEL: | L25 M19 M41 |
| Date: | 2019–10 |
| URL: | http://d.repec.org/n?u=RePEc:sek:iacpro:9711711&r=all |
| By: | Alam, Md. Mahmudul (Universiti Utara Malaysia); Johari, Razana Juhaida; Said, Jamaliah |
| Abstract: | Purpose - Integrity is a critical issue as it could lead to failures in governance, fraud, inefficacy, corruption, as well as weak financial management particularly in the public sector. At present, the public sector is a matter of global concern due the constant cases of failures in governance, fraud, inefficacy, and corruption. As such, this sector has been pressurized to provide justification of the sources and usages of public resources and to improve their service performance as the public has the right to monitor the public sector management’s transparency and efficacy. This study evaluates the state of present integrity practices among public sector employees from various Malaysian service schemes. Design/methodology/approach – Primary data were collected using a questionnaire survey approach with 194 heads of departments in the Malaysian federal ministries. The collection of data was according to the perspective of 13 factors in integrity practices using a five-point Likert scale. Factor analysis and descriptive statistics were utilized for data analysis. In addition, data reliability was checked by Cronbach’s alpha test, data normality was examined by Skewness and Kurtosis tests, and data validity was tested by using Kaiser-Meyer Olkin test and Barlett’s test. Findings - The findings show that 92.6% of the participants reported that they practised integrity within their departments. Nevertheless, the priority for these integrity factors varies according to the service schemes. In general, the departments of finance, audits, and administration had an above average integrity practice level however the practice of the accounting scheme is below the general average level. Practical/Policy implications - This findings of the study will help policy makers to take necessary steps to improve the practices of integrity in the public sector in order to create a more dependable and efficient public sector in Malaysia. Originality/value – This is an original study based on primary data that assesses the performance of practicing integrity in the public sector of Malaysia. |
| Date: | 2019–06–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:a96xq&r=all |
| By: | Diana, Citra; Tanjung, Mariani St.B |
| Abstract: | The aim of this research is to know whether the transaction system and the calculation of interest on Bank Nagari branch Pariaman villages have been effective in accordance with Regulation deposits contained in the legislation of Republic of Indonesia No. 10 of 1998 which represents a change of the Act No. 7 in 1992 and RI Law No. 4 of 2004 on the deposit insurance agency. This study uses qualitative descriptive method by describing the transaction and whether the system of calculation of interest on deposits at the bank branch pariaman villages have been effective. The data used are primary data in the form of interviews and secondary data in the form of the action plan of PT. Bank Nagari Branch Pariaman. The results showed that the policies and procedures and strategies implemented by PT. Bank Nagari Branch Pariaman in its deposit transaction has been effective in accordance with the minimum standards set by Bank Indonesia which is adapted to the scope of the bank's business. |
| Date: | 2019–03–01 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:exct7&r=all |
| By: | Bruno Jetin (CEPN - Centre d'Economie de l'Université Paris Nord - UP13 - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique) |
| Abstract: | In 2015 ASEAN has become a community which rests on three pillars: political-security, economic and social-cultural (Jetin and Mikic, 2016). The underlying assumption is that economic development will be fostered by a regional integration deepening, namely a "single market and single production base" which should lead to a convergence of social-cultural development thanks to a catching up process of the latecomers and poorest member states vis-à-vis the more advanced ASEAN Member States (AMS) (Jetin, B. 2016a). This implies a convergence of living standards and a strong decline of poverty. The purpose of this paper is precisely to verify the existence of such a process of convergence among AMS and the nature of this convergence. Which countries are converging? How did poverty evolve and what is the social dynamics implied? Section 1 checks if the existence of ASEAN has favoured a process of convergence of living standards or in other terms a reduction of inequality between countries. In section 2, we show that in several ASEAN countries, absolute poverty has receded but has been replaced by relative, poverty which creates its own set of expectations and potential frustrations. Finally, in section 3, we focus on the emergence of the middle classes and their potential effect on the socioeconomic dynamic of ASEAN countries. |
| Date: | 2019–06–19 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:halshs-02388525&r=all |
| By: | Nguyen, Ha Trong; Connelly, B. Luke; Le, Huong Thu; Mitrou, Francis; Taylor, L. Catherine; Zubrick, R. Stephen |
| Abstract: | Children of Asian immigrants in most English-speaking destinations have better academic outcomes, yet the underlying causes of their advantages are under-studied. We employ panel time-use diaries by two cohorts of children observed over a decade to present new evidence that children of Asian immigrants begin spending more time than their peers on educational activities from school entry; and, that the ethnicity gap in the time allocated to educational activities increases over time. By specifying an augmented value-added model and invoking a quantile decomposition method, we find that the academic advantage of children of Asian immigrants is attributable mainly to their allocating more time to educational activities or their favorable initial cognitive abilities and not to socio-demographics or parenting styles. Furthermore, our results show substantial heterogeneity in the contributions of initial cognitive abilities and time allocations by test subjects, test ages and points of the test score distribution. |
| Keywords: | Migration,Test Score Gap,Time Use Diary,Quantile Regression,Second-generation Immigrants,Australia |
| JEL: | C21 I20 J13 J15 J22 |
| Date: | 2019 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:esprep:209628&r=all |
| By: | Sy-Hoa Ho; Jamel Saadaoui |
| Abstract: | This empirical investigation aims at exploring the determinants of money demand in Vietnam by using both linear and nonlinear autoregressive distributed lags models over the period spanning from the third quarter of 2000 to the first quarter of 2018. Our findings can be summarized as follows: firstly, when the shock is symmetric (i.e. a permanent nominal appreciation of one percent), the money demand increases by 3.7 percent in the long term. Secondly, when the shock is asymmetric, for a permanent nominal appreciation of one percent, we observe an increase of 15.6 percent in the money demand. Whereas, for a permanent nominal depreciation of one percent, we observe a decrease of 7.4 percent in the money demand. These results are consistent with symmetry tests and lead us to think that asymmetries occur mainly in the short run and are transmitted to the long run. |
| Keywords: | Money Demand, Exchange Rate, ARDL models, NARDL models, Dollarization. |
| JEL: | C22 E41 F31 F33 F41 |
| Date: | 2019 |
| URL: | http://d.repec.org/n?u=RePEc:ulp:sbbeta:2019-49&r=all |
| By: | Saribulan Tambunan (Faculty of Economics and Business, Universitas Sumatera Utara, Medan, Indonesia Author-2-Name: Erlina Author-2-Workplace-Name: Faculty of Economics and Business, Universitas Sumatera Utara, Medan, Indonesia Author-3-Name: Azhar Maksum Author-3-Workplace-Name: Faculty of Economics and Business, Universitas Sumatera Utara, Medan, Indonesia Author-4-Name: Khaira Author-4-Workplace-Name: Faculty of Economics and Business, Universitas Sumatera Utara, Medan, Indonesia Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:) |
| Abstract: | Objective –The purpose of this research is to prove by analysing whether the effectiveness of accounting information systems influence the quality of financial statements by adding organizational commitment as a moderator in the regional apparatus organization in North Sumatra, Indonesia. Methodology/Technique – This research is carried out by surveying and identifying the field directly on the regional apparatus organization (OPD) of the city. field and district deliserdang of 190 respondents as the sample selected in this study. The sampling technique used by surveying the executive of the regional apparatus organization (OPD) selected to be the target population. Findings – Hypothesis testing using the SPSS approach, version 23. The results of the study show regularly variables exogenous namely the effectiveness of accounting information systems directly affects the quality of financial statements and organizational commitment plays a role in strengthening the influence of exogenous accounting information system variables on its endogenous variables. Novelty –This research explores the influence of the government to make the effectiveness of accounting information systems an important factor that is taken into account when preparing financial statements that synergize with the role of organizational commitment. Type of Paper: Empirical |
| Keywords: | Accounting Information Systems, Quality of Financial Statements, Organizational Commitment, Effectiveness |
| JEL: | M40 M41 M49 |
| Date: | 2019–12–25 |
| URL: | http://d.repec.org/n?u=RePEc:gtr:gatrjs:afr179&r=all |
| By: | Said, Jamaliah; Alam, Md. Mahmudul (Universiti Utara Malaysia); Johari, Razana Juhaida |
| Abstract: | Ensuring accountability in the public sector is a very crucial issue as it could lead to failures in governance, fraud, inefficacy, corruption as well as weak financial management. This study evaluated the state of present accountability practices among public sector employees from various Malaysian service schemes. Primary data were collected, using a questionnaire survey approach with 194 heads of departments in the Malaysian federal ministries. Data was collected in accordance with the perspective of 12 factors in accountability practices, using a five-point Likert scale. Factor analysis and descriptive statistics were utilized for data analysis. In addition, data reliability was checked by Cronbach’s alpha test; data normality was examined by Skewness and Kurtosis tests, and data validity was tested by using Kaiser-Meyer Olkin test and Barlett’s test. The findings show that 94.9% of the participants reported that they practised accountability within their departments. Nevertheless, the priority for these accountability factors varied according to the service schemes. In general, the perceived accountability practice was the highest within the group of the administrative scheme and the lowest among the employees under the accounting scheme. Moreover, the perceived accountability practice of the audit scheme was below the general average level. This findings of the study would help policy makers to take necessary steps to improve the practices of accountability in the public sector for creating a more dependable and efficient public sector in Malaysia. |
| Date: | 2019–06–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:5djfu&r=all |
| By: | CINANTYA, ARUNA CUDDHA LANA |
| Abstract: | Ekonomi berbasis digital menjadi salah satu pendorong pertumbuhan ekonomi dan pendapatan per kapita Indonesia di tengah ekonomi global. |
| Date: | 2019–02–23 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:syvre&r=all |
| By: | , nandatriandini |
| Abstract: | Nanda tri andini (130116115) KP B |
| Date: | 2019–02–25 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:auyt5&r=all |
| By: | Yanto, Dedi Andra; Dewi, Aminar Sutra |
| Abstract: | Family Control this has a high sense of ownership and the company conducts oversight raises the opportunity to earn high profits and long-term orientation so family members choose to invest in the short term.This study aims to examine influences, family control on profitability in the banking sector which is listed on Indonesia Stock Exchange. Samples were taken from 6 companies in the financial sector which is listed on Indonesia Stock Exchange in the period 2012-2016, profitability measured by ROA (Riturn On Asset) and Family Control in view of what percent (%) shares owned by the family. The analysis used in this study is a simple linear by using program eviews. From the test results are done shows that family control (FC) statistically has no effect significantly against Return On Asset (ROA). |
| Date: | 2019–01–19 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:ady2r&r=all |
| By: | BUTSAKORN YODKAMLUE (Suranaree University of Technology); Kantapat Trinart (Suranaree University of Technology) |
| Abstract: | This experimental research study investigated the knowledge of Thai nursing students on lexical collocations extracted from a Sample Corpus of Nursing Research Articles (SCNRA) and examined the effect of a corpus-based instruction on the students? performance. The participants were 51 fourth year nursing students from the Institute of Nursing, Suranaree University of Technology (SUT) in Thailand. The pre-test was administered, followed by a workshop on the target collocations and the post-test administered at the end. The results from the pre-test revealed the overall knowledge of the majority of the students was at a ?Fair? level. The pre-test and the post-test results were compared using the paired samples t-test which showed a statistically significant improvement of the students? performance in the total score (t(50) = (-11.75), p = |
| Keywords: | collocation knowledge, lexical collocation, collocation test, nursing collocation test, corpus-based instruction |
| Date: | 2019–10 |
| URL: | http://d.repec.org/n?u=RePEc:sek:iacpro:9711738&r=all |
| By: | Said, Jamaliah; Alam, Md. Mahmudul (Universiti Utara Malaysia); Abdullah, Nik Herda Nik; Zulkarnain, Nur Nadiah; Anugerah, Rita |
| Abstract: | This study attempts to assess the present level of innovation status among Malaysian Government-Linked Companies (GLCs). A set of questionnaire was distributed among 134 managers and executives from these GLCs to collect the primary data for this study. The perspectives of executives were collected based on ten factors of innovation practices utilizing the five-point Likert scales. Descriptive statistics was used to analyze the data while the reliability and validity were tested using the Cronbach’s alpha test and the Skewness and Kurtosis test, respectively. Factor analysis was used to test the data consistency. The findings revealed the 82.8% of the respondents were agreeable to their firms’ emphasis on the factors of innovation. However, it was found that GLCs that were owned by the federal government placed more focus on innovation compared to the GLCs that were state-owned. This study reveals that overall the Malaysian GLCs should enhance their innovation practices by placing more focus on being engaged in the adoption of innovative designs at work, the reengineering of business processes, innovative pricing, market distribution and promotional methods, enhancing customer satisfaction by importing innovative warranty and maintenance systems, as well as by importing innovative claim clearing processes and methods, and the adoption of innovative order management and follow-up systems. |
| Date: | 2019–06–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:u7yth&r=all |
| By: | Alam, Md. Mahmudul (Universiti Utara Malaysia); Zulkarnain, Nur Nadiah; Abdullah, Nik Herda Nik |
| Abstract: | This study is an attempt to assess the status of the current level of entrepreneurial orientation among the Government-Linked Companies (GLCs) in Malaysia. This study collected primary data based on a set of questionnaire survey among 134 executives and managers of GLCs in Malaysia. The data were collected based on opinions of the seven factors of entrepreneurial orientation practices by using the five-point Likert scale. The data were analysed using descriptive statistics. Further, the reliability of the data was tested using Cronbach’s alpha test, the validity of the data was tested by checking the normality test through skewness and kurtosis, and the consistency of the data was tested using factor analysis. On an average, 70.9% of the respondents agreed that they focus on these factors of entrepreneurial orientation. The federal owned GLCs place more emphasis on entrepreneurial orientation than the state owned GLCs. This study suggests improving the practices of entrepreneurial orientation of GLCs in Malaysia by emphasizing on recognizing individual risk takers for their willingness to champion new projects, whether it eventually turns out to be successful or not, encouraging employees to take calculated risks with new ideas, considering the term “risk taker” as a positive attribute for people in the organization, and supporting many small and experimental projects by realizing that some will undoubtedly fail. |
| Date: | 2019–06–13 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:wbq97&r=all |
| By: | Zulkarnain, Nur Nadiah; Alam, Md. Mahmudul (Universiti Utara Malaysia); Abdullah, Nik Herda Nik; Said, Jamaliah |
| Abstract: | Government-Linked Companies (GLCs) are expected to show competitive performance in order to reflect the accountability of taxpayers’ money. Therefore, this study is an attempt to assess the status of the current level of organizational learning orientation among the Government-Linked Companies (GLCs) in Malaysia. This study collected primary data based on a set of questionnaire survey among 134 executives and managers of GLCs in Malaysia. The data were collected based on opinions of the ten factors of organizational learning practices by using the five-point Likert scale. The data were analysed using descriptive statistics. Further, the reliability of the data was tested using Cronbach’s alpha test, the validity of the data was tested by checking the normality test through skewness and kurtosis, and the consistency of the data was tested using factor analysis. On an average, 74.6% of the respondents agreed that they focus on these factors of organizational learning. The federal owned GLCs place more emphasis on organizational learning than the state owned GLCs. This study suggests improving the practices of organizational learning within the GLCs in Malaysia by emphasizing on the consideration that employee learning is an investment rather than an expense, employees should view themselves as partners in charting the direction of the organization, employees should not be afraid of critically reflecting on the shared assumptions about the ways of managing the organization, and by analyzing unsuccessful organizational endeavours and communicating the lessons learned widely among the employees. |
| Date: | 2019–06–13 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:yt4xd&r=all |
| By: | Sundari, Mega; Susanti, Febsri |
| Abstract: | Modern retail business continues to grow in Indonesia is a very promising market. business people must be able to apply the right strategy to make consumer purchasing decisions in the retail market. Consumer perceptions and store atmosphere one of the factors that can influence consumer purchasing decisions. This research was conducted to determine the influence of consumer perceptions and store atmosphere on consumer purchasing decisions in Basko Grand Mall Padang. The sample used accidental sampling with 96 respondents. With the technique of data collection questionnaires distribution as a research instrument and processed using spss calculation 16. Data analysis method used is multiple linear regression. The result of the research shows the relationship of consumer perception and store atmosphere to consumer purchase decision partially or simultan. |
| Date: | 2019–02–20 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:7c54k&r=all |
| By: | , Fetrizen; Aziz, Nazaruddin |
| Abstract: | Basically the decision to buy bottled water by consumers is influenced by many factors such as the quality of a product, brand, taste, lifestyle and the range of promotion made by the company. Driven by the needs that exist within a person and the desire that the needs in a person are affected if the consumer shows a sense of fun that ultimately leads to loyalty. Loyal customers are more valuable than customers who are just satisfied. For loyal customers will always use the product of all time and is a source of revenue and Aicos company in this case have been concerned about factors that can affect consumers in buying decisions. In this research, the research describes several variables that influence consumer purchase decision that is product quality, price, promotion. The quality of the product, the price, the promotion is called the independent variable and the purchase decision is called the dependent variable. Through the research results obtained by researchers, the researchers drew the conclusion that the variables free of price and promotion have a significant effect on purchasing decision because the value of sig <0,05. While for the independent variable of product quality has no significant effect with purchase decision because sig value> 0,05. This is because the consumers who have been interviewed stated that the drinking water products in their quality packaging are almost the same. |
| Date: | 2019–02–26 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:w6dt5&r=all |
| By: | Candra Fajri Ananda (Brawijaya University); Imanina Eka Dalilah (Brawijaya University); Tiara Juniar Soewardi (Brawijaya University) |
| Abstract: | The Minister of Finance Regulation (PMK) No. 146/PMK.010/2017 brings pro and cons in the national economy. The interest of government and industry should be taken into consideration. This paper will explore the impact of PMK implementation to tobacco excise revenue, production volume and industry performance. Minister of Finance Regulation (PMK) No. 146/PMK.010/2017 regarding the simplification of cigarettes tiers. Those policy threatened the sustainability of the Tobacco Industry and national excise revenue. As the strategic industry due to its roles in national revenue, employment creation and its value as industrial heritage in Indonesian history, it needs to be explored. This study aims to analyze the impact of PMK No.146/2017 to the tobacco industry by considering people purchasing power. Simulation model with three different scenarios is used to prevail the effect of the regulation to volume products of tobacco industry. Obtaining more details analyses, Focus Group Discussion (FGD) with the stakeholders, e.g., tobacco association, Ministry of Finance, researcher and journalist have been also conducted. The findings of this study showed, first, simplification of the price tiers of cigarettes will decrease the cigarettes production about 20 percent under lower purchasing power assumption. Second, the simplification will make the tobacco excise revenue fall by 2.4 percent under lower purchasing power assumption. Third, simplifying tiers will increase tobacco excise revenue by 8.5 percent under higher purchasing power. Under strategic industry policy, government policy on tobacco industry should take into consideration some factors such as production volume, national revenue and industry performance. Besides, the government should design others alternative of excise tax objects such as plastic, chlorofluorocarbon/CFC, fuel, luxury goods and sugar products. |
| Keywords: | tobacco industry, excise tax, cigarettes tiers, simulation |
| JEL: | E27 E61 H20 |
| Date: | 2019–10 |
| URL: | http://d.repec.org/n?u=RePEc:sek:iacpro:9912231&r=all |
| By: | Namirah, Syarifah |
| Abstract: | UKM berbasis inovasi di Jawa Timur |
| Date: | 2019–02–17 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:8js29&r=all |
| By: | Alghalith, Moawia |
| Abstract: | We introduce a simple, exact and closed-form formula for pricing the arithmetic Asian options. The pricing formula is as simple as the classical Black-Scholes formula. In doing so, we show that the distribution of the continuous average of log-normal variables is log-normal. |
| Keywords: | Arithmetic Asian option pricing, the arithmetic average of the price, average of log-normal, the Black-Scholes formula. |
| JEL: | C00 C01 C02 C1 G0 |
| Date: | 2019–11–30 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:97324&r=all |
| By: | , Ariawan (University Ichsan Of Gorontalo); Sudarma, Made; , Djumahir; Maskie, Ghozali |
| Abstract: | status ;(post print South East Asia Journal of Contemporary Business, SEAJBEL 11 (2), 87-94 vol. , 2016) Micro SME sector is an important sector in the national economy moving. Management needs to manage internal resources owned by the management of intangible assets that are unique resources, cannot be duplicated, cannot be replaced, and rarely found among competitors. This article aims to explain the role of spiritual capital, human capital, structural capital, relational capital in improving the performance of SMEs. based resources based theory which is the company's resources as the main controller behind the performance and competitiveness. The results show the important role of spiritual capital, human capital, structural capital, relational capital in improving the performance of SMEs. |
| Date: | 2017–12–04 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:9ehdv&r=all |
| By: | , nandatriandini |
| Abstract: | review journal esdm |
| Date: | 2019–02–26 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:e9hz6&r=all |
| By: | Johari, Razana Juhaida; Alam, Md. Mahmudul (Universiti Utara Malaysia); Said, Jamaliah |
| Abstract: | At present, the public sector is a matter of global concern due to the constant cases of failures in governance, fraud, inefficacy, and corruption. Management commitment is a critical issue as lack of it could lead to failures in governance, fraud, inefficacy, corruption as well as weak financial management, particularly in the public sector. This study evaluated the state of present practices of management commitment among public sector employees from various Malaysian service schemes. Primary data were collected using a questionnaire survey approach with 194 heads of departments in the Malaysian federal ministries. The collection of data was in accordance with the perspective of 10 factors in management commitment practices, using a five-point Likert scale. Factor analysis and descriptive statistics were utilized for data analysis. In addition, data reliability was checked by Cronbach’s alpha test, data normality was examined by Skewness and Kurtosis tests, and data validity was tested by using Kaiser-Meyer Olkin test and Barlett’s test. The findings show that 97% of the participants reported that they practised management commitment within their departments. Nevertheless, the priority for these management commitment factors varied according to the service schemes. In general, management commitment practice was the highest within the groups that used the finance scheme and the lowest among the employees who were under the accounting and audit schemes. The result of the study will help policy makers to take necessary steps to improve the practices of management commitment in the public sector in order to create a more dependable and efficient public sector in Malaysia. |
| Date: | 2019–06–13 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:kfncr&r=all |
| By: | Shahbaz, Muhammad; Alam, Md. Mahmudul (Universiti Utara Malaysia); Uddin, Gazi Salah; Nanthakumar, Loganathan |
| Abstract: | The aim of this paper utilizes an energy demand model to investigate the impact of trade openness on energy consumption by incorporating scale and technique, composition and urbanization effects in the case of Malaysia. The study covers the sample period of 1970-2011 using quarter frequency data. We applied the bounds testing approach in the presence of structural breaks to examine the long run relationship between the variables. The VECM Granger causality is used to detect the direction of causality between the variables. Our findings indicate that growth effect (scale and technique effect) has a positive (negative) impact on energy consumption whereas composition effect stimulates energy demand in Malaysia.. Energy consumption is positively influenced by both from openness and urbanization. This study opens new policy insights for policy making authorities to articulate a comprehensive energy and trade policy to sustain economic growth and improve the environmental quality of Malaysia. |
| Date: | 2019–06–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:xy2z6&r=all |
| By: | Angela, Lucy |
| Abstract: | Review Jurnal From International Journal of Humanities and Social Science Invention (IJHSSI) |
| Date: | 2019–02–26 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:v9p7y&r=all |
| By: | Purnama, Dewi Ria; Mayliza, Riri |
| Abstract: | When a company loses employees, the company also loses its ability, experience and "corporate memory". It is also an important issue for management, because it will affect productivity, profitability, and quality of service and product quality. For employees, a high turnover rate will affect employee morale, relationships between employees and job security. The cost of replacing employees will also increase, this relates to the costs of employee recruitment and training. Turnover problems can be overcome through various activities that are pro-active towards Stratari Employee Retention: In this study describes that the sample used is the same as the population of 33 people, with the dependent variable turnover intention and employee performance while the independent variable is employee retention. In the results of the study that the employee retention variable has a positive and significant turnover intention. Whereas for employee retention has a positive and significant effect on employee performance. |
| Date: | 2019–03–19 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:h2jqp&r=all |
| By: | Mohamad Fadhil Hasan (Supervisory Board of Bank Indonesia); Achmad Nur Hidayat (Supervisory Board of Bank Indonesia); Tutut Dewanto (Supervisory Bank of Indonesia) |
| Abstract: | The external pressures on the domestic economic stability has prompted Bank Indonesia to focus on its monetary policy on the exchange rate measures. However, as part of the policy mix, the stance of monetary policy has been balanced with accommodative macroprudential policies to continue providing its support for the economic growth. Even though they have different targets and in their implementation there are potential conflicts that may occur when we try to achieve the objectives of both policies, the central bank deems a monetary policy and macroprudential policies to be complementary policies. This situation will provide a space for the macroprudential policies to encourage some kind of bank intermediation and to spur a credit growth. A policy support is needed to accelerate the credit growth to achieve its economic financing targets in the next 5 years, namely at 16% yoy.This study was aimed at identifying proper recommendations on the macroprudential policies such as encouraging a credit growth that included easing Loan to Value (LTV) ratios, targeting sectoral credit, easing the Macroprudential Intermediation Ratio (MIR), decreasing the Macroprudential Liquidity Buffer (MLB) ratios, easing the counter cyclical capital buffer (CCB) requirements, and strengthening coordination with other government agencies. |
| Keywords: | Macroprudential policy, monetary policy, credit growth, loan to value ratio, coordination, sustainable economic growth, targeted sectoral lending |
| JEL: | E02 E00 E58 |
| Date: | 2019–10 |
| URL: | http://d.repec.org/n?u=RePEc:sek:iacpro:9712158&r=all |
| By: | Dasmasela, Maissy Angelina |
| Abstract: | INDONESIA’S EFFORTS TO ACHIVE GLOBALLY COMPETITIVE HUMAN RESOURCES |
| Date: | 2019–02–25 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:4ka5z&r=all |
| By: | Muryanti, Muryanti (Islamic State University Sunan Kalijaga); , Rokhiman |
| Abstract: | The massive scale of forest fire by big companies in Kapuas Hulu have caused smog disaster that affect surrounding areas suh as Kalimantan Island and Malaysia.These companies cleared land without considering season calendaras indigenous peopleof Dayak did. As a result, forest fire is uncontrollable that cause serious haze disaster. In contrast, the Dayak people have local wisdom called bambi‘ari to prevent forest fire. According to bambi ‘ari, Dayak people clear small scale land and use season calendar before fire the forest.This research concern swith bambi ‘ari’s implementation to prevent forest fire haze by using qualitative method to collect primary data. This research argues that as a local wisdom, bambi ‘ari was built upon collaboration among the Dayak people to develop social solidarity. Since the Dayak people rely heavily on natural resources, they set a system to help natural resources management, such as forest. This set of system called tembawang, applies season calendar to determine planting in the field and land clearing. Forest fire as a tool of land clearing, conducted in natural ways and in particular time to avoid haze disaster. Collaboration among the Dayak people occurred when they fire forest by monitoring hot spots and supplying water to prevent uncontrolled forest fire.This research concludes that the implementation of bambi‘ari as a long term natural resources management by the Dayak people enable haze disaster prevention |
| Date: | 2017–12–27 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:wxtav&r=all |
| By: | Vuong, Quan-Hoang; Ho, Tung Manh; Nguyen, Hong-Kong T.; La, Viet-Phuong; Vuong, Thu-Trang; Hanh, Vu Thi; Hoàng, NGUYỄN Minh; Ho, Toan Manh (Thanh Tay University Hanoi) |
| Abstract: | This research employs the Bayesian network modeling approach, and the Markov chain Monte Carlo technique, to learn about the role of lies and violence in teachings of major religions, using a unique dataset extracted from long-standing Vietnamese folktales. The results indicate that, although lying and violent acts augur negative consequences for those who commit them, their associations with core religious values diverge in the final outcome for the folktale characters. Lying that serves a religious mission of either Confucianism or Taoism (but not Buddhism) brings a positive outcome to a character (βT_and_Lie_O= 2.23; βC_and_Lie_O= 1.47; βT_and_Lie_O= 2.23). A violent act committed to serving Buddhist missions results in a happy ending for the committer (βB_and_Viol_O= 2.55). What is highlighted here is a glaring double standard in the interpretation and practice of the three teachings: the very virtuous outcomes being preached, whether that be compassion and meditation in Buddhism, societal order in Confucianism, or natural harmony in Taoism, appear to accommodate two universal vices—violence in Buddhism and lying in the latter two. These findings contribute to a host of studies aimed at making sense of contradictory human behaviors, adding the role of religious teachings in addition to cognition in belief maintenance and motivated reasoning in discounting counterargument. |
| Date: | 2019–09–25 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:8n3c5&r=all |
| By: | Noorina Hartati (Department of Accounting, Faculty of Economics, Universitas Terbuka, Banten, Indonesia Author-2-Name: Irma Author-2-Workplace-Name: Department of Accounting, Faculty of Economics, Universitas Terbuka, Banten, Indonesia Author-3-Name: Author-3-Workplace-Name: Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:) |
| Abstract: | Objective – This study aims to investigate the motivation and interest of Accounting Students at Economy Faculty of UT to participate in Accounting Professional Education, several motivational factors such as quality, career, economy, degree, and achievement. Accounting Professional Education has been implemented since September 2002, with the commencement of Accounting Professional Education, the title of accountant is no longer the monopoly of certain state universities are given special privileges by the Ministry of National Education. Thus, all Accounting graduates have the same opportunity to get an accountant degree. Opportunities have been widely opened but the problem now is the willingness of every accounting student himself to continue his education at Accounting Professional Education. Methodology/Technique – Using 296 accounting students from Bogor, Bandung, Purwokerto, Batam, Gorontalo UT Regional Offices, we run the form of Structural Equation Model (SEM) to test the accounting students' motivation to follow Accounting Professional Education. Meanwhile for the measurement model in this study using a Confirmatory Factor Analysis (CFA) which shows a latent variable measured by one or more observed variables.Findings – The result shows that quality motivation has a significant effect towards the interest of accounting students at undergraduate degree of Accounting Study Program at Universitas Terbuka to follow the Accounting Professional Education.Novelty – This finding implies that the greater the motivation of the quality of students, the greater their interest in taking the Accounting Professional Education.Type of Paper: Empirical |
| Keywords: | Accounting Professional Education, Motivation, Interest |
| JEL: | A29 M41 M49 |
| Date: | 2019–11–20 |
| URL: | http://d.repec.org/n?u=RePEc:gtr:gatrjs:afr178&r=all |
| By: | Alam, Md. Mahmudul (Universiti Utara Malaysia); Akbar, Chowdhury Shahed; Shahriar, Shawon Muhammad; Monzur-E-Elahi, Mohammad |
| Abstract: | Due to chronic financial crises experienced during last several decades repeatedly and a failure to protect investors‟ rights as a result, the world is looking for an alternative form of stock market for quite some time so that interests of all relevant stakeholders can be safeguarded. At the same time, from the perspectives of devout Muslims, the current form of stock market restricts a Muslim to make investments in the market due to unsatisfying several provisions from the Islamic law, known as shariah. This study provides the criteria under which conditions the Islamic shariah permits making investments in the stock market. Hand in hand with that primary discussion, it has been eluded briefly why the Islamic shariah principles offer a better alternative against conventional practices of the stock market. |
| Date: | 2019–06–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:b7j4e&r=all |
| By: | Jean-Philippe Meloche |
| Abstract: | Economists have long argued that road pricing improves the efficiency of infrastructure development. However, pricing projects for roads remain scarce, often for lack of political support. This research focuses on the mechanisms through which technological innovation, and, more specifically, the emergence of satellite-based navigation systems, contributes to the success of road pricing projects in four jurisdictions considered as first movers: Singapore, United States (Oregon), Germany and Norway. Interviews with local experts helped determine how the problem, policy and political streams converge to enable implementation of road pricing projects in these countries. The first movers’ experience demonstrates that new technologies and increasing traffic problems are factors that contribute to an increasing need for pricing, but do not eliminate political hurdles. This suggests that it is better to plan things far ahead of time and move forward slowly in the hope of one day successfully implementing a road pricing project. |
| Keywords: | Road Pricing,Public Policy,Implementation,New Technologies,Window of Opportunity GNSS, |
| Date: | 2019–12–13 |
| URL: | http://d.repec.org/n?u=RePEc:cir:cirwor:2019s-35&r=all |
| By: | Islam, Mazharul; Habes, Essam M.; Alam, Md. Mahmudul (Universiti Utara Malaysia) |
| Abstract: | The purpose of this study is to uncover the impacts of mobile phone use on the performance of micro-enterprises (MEs) in Bangladesh, a developing country where the total number of mobile subscriptions reached around 131.38 million by the end of June in 2016 with penetration rate of 81 percent. Data were collected from owners of MEs through face to face interview. A multivariate analysis and SPSS macro developed by Preacher and Hayes were used as statistical techniques to assess the effects of mobile phone use. Results of the study indicate that micro-enterprises which owners were using mobile phone were having significantly greater benefits and financial performance compared to counterparts. A significant direct relationship between mobile phone use, and social capital and ME‟s financial and non-financial performances was found. A further investigation revealed that financial performance is also indirectly related to social capital and quality and enterprise processes, which are significantly influenced by mobile phone usage. Therefore social capital and non-financial business performances are involved in the mediational process between the financial performance of MEs and use of mobile phone. The novelty of this research lies in the establishment of, for the first time, high level statistical relationship between the use of mobile phone, its mediating factors and financial performance of MEs. The findings will assist micro-entrepreneurs and policy makers in taking right courses of action that make the implementation of this device more effective. |
| Date: | 2019–06–15 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:vfk6y&r=all |
| By: | , Ariawan (University Ichsan Of Gorontalo); Sudarma, Made; , Djumahir; Maskie, Ghozali |
| Abstract: | Status: Preprint (belum di terbitkan pada Jurnal manapun) The objectives of this study were to analyze and investigate the human capital resource of SMEs to achieve the expected level of performance and to see if the quality of human capital had been appropriate enough to be able to apply certain business strategy. This study also intended to see if the cost leadership strategy, differentiation strategy, as well as appropriate focus strategy to improve the performance of SMEs. This study employed a survey design in which researcher conducted a survey to managers or owner of 68 SMEs of Karawo handicraft in Gorontalo city. This study also employed the structural equation or PLS approach using warpPLS application to analyze the data. The finding of this study showed that the ability of the human capital owned by the SMEs had not yet maximized in improving its performance. The role of the mediation business strategy (cost leadership strategy and differentiation strategy) have been appropriate and matched the ability of the human capital to improve the performance of SMEs. The result of this study enriches the body of knowledge related to the resource based theory and the development of strategic management of the human capital investment for the implementation of business strategy to achieve good performance and system. This study also offers practical benefit for managers or owners of SMEs, and government in developing the business. The data were collected using cross sectional strategy by analyzing the opinions and perception of the managers or owners of the business. Future researchers are encouraged to expand this by involving bigger number of sample and broader scope of study. Future researcher may also develop this study using mix method research design to verify and take action on the interesting result of this study related to the implementation of focus strategy based on the ability of the human capital which has been confirmed to have the highest coefficient path, yet did not have significant effect to the improvement of the performance without the involvement of mediational variables such as the combination of focus-cost strategy or focus-differentiation strategy. |
| Date: | 2017–11–30 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:5htmj&r=all |
| By: | Jean-Philippe Meloche |
| Abstract: | Economists have long argued that road pricing improves the efficiency of infrastructure development. However, pricing projects for roads remain scarce, often for lack of political support. Quebec is no exception. After the implementation of tolls on portions of highways 25 and 30 in the early 2010s, the issue has faded out of political concern. This research focuses on the mechanisms through which technological innovation, and more specifically the emergence of global satellite-based navigation systems, contributes to the comeback of road pricing on the political agenda. A case analysis of Quebec is compared to four other cases considered as first movers in road pricing: Singapore, Oregon (USA), Germany and Norway. Interviews with local experts helped determine how the streams of solutions, problems and politics converge to enable implementation of road pricing projects. The first movers’ experience demonstrates that new technologies and increasing traffic problems are factors that contribute to an increasing need for pricing, but do not eliminate political hurdles. This suggests that it is better to plan things far ahead of time and move forward slowly in the hope of one day successfully implementing a road pricing project. Depuis longtemps, les économistes défendent l’idée que la tarification routière améliore l’efficacité de production des infrastructures. Pourtant, les projets de tarification demeurent rares sur les routes, souvent faute d’appui politique. Le Québec ne fait pas exception. Après la mise en vigueur des péages sur des portions des autoroutes 25 et 30 au début des années 2010, le débat sur la tarification s’est quelque peu essoufflé. Cette recherche s’intéresse aux mécanismes par lesquels l’innovation technologique, et plus précisément l’émergence des outils de positionnement par satellite, contribue à remettre les projets de tarification routière à l’ordre du jour. Une analyse du cas du Québec est mise en comparaison avec quatre territoires considérés comme des précurseurs en matière de tarification routière : Singapour, l’Oregon (États-Unis), l’Allemagne et la Norvège. Des entrevues auprès d’experts locaux ont permis d’identifier les mécanismes à travers lesquels les courants des problèmes, des solutions et de la politique arrivent à se coupler afin de permettre la mise en œuvre des projets de tarification routière sur ces territoires. L’expérience des précurseurs montre que les nouvelles technologies et l’amplification des problèmes de circulation sont des facteurs qui contribuent à accroître la nécessité de la tarification, mais qu’ils n’éliminent pas pour autant les obstacles politiques. Ce constat suggère qu’il vaut mieux s’y prendre longtemps d’avance et cheminer doucement pour espérer réussir un jour l’implantation d’un projet de tarification routière. |
| Keywords: | Road Pricing,Public Policy,Implementation,New Technologies,Quebec, Tarification routière,Politiques publiques,Mise en œuvre,Nouvelles technologies,Québec |
| Date: | 2019–12–13 |
| URL: | http://d.repec.org/n?u=RePEc:cir:cirwor:2019s-36&r=all |
| By: | Mulya, Dany Prasetya; Ichzya, Thareq Kemal |
| Abstract: | Owner in Indonesian means that the owner of a business or employment. he also employ the people and also hire. A business owners must have the tactics and plan mature to advance his efforts. because he is the owner of a business, the owner has the authority of the highest to make policy in the business. In the face of the many pesaingan efforts, owner must have a strategy in efforts to improve the marketing and customer satisfaction. Research methods used is a method desktiptif qualitative collect data that is in Waroeng Danz Yogyakarta. therefore necessary maximum service in meet the needs of guests. |
| Date: | 2018–04–12 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:dc4y9&r=all |
| By: | Priyanto, Rahmat; Hermawan, Hary (Sekolah Tinggi Pariwisata AMPTA Yogyakarta, Indonesia) |
| Abstract: | The aim of this research is to know the influence of service quality to satisfaction and tourist loyality in Ciater Spa Resort. The method used in this research is descriptive verificative. Method analisis of this research is analisis path with software PLS. The results showed that the quality of service has no significant effect on loyalty, it means that service quality as exogenous variable requires intervening role (variable of satisfaction). Visitor satisfaction at Ciater Spa Resort has a significant effect on visitor loyalty. In addition, the relationship between the two research variables are positive, the increasing customer satisfaction will increase also loyalty, otherwise the decrease in visitor satisfaction will have an impact on the decrease in visitor loyalty. These findings have matched customer loyalty theory in marketing books. So that verifikatif research has been done successfully to verify the theory of loyalty in general. This article at once confirms a model of service theory as well as its relationship with satisfaction and loyalty, while minimizing the possibility of false loyalty so that this model can be used in the implementation of service management. Tujuan dari penelitian ini adalah untuk mengetahui pengaruh kualitas pelayanan terhadap kepuasan dan loyalitas wisatawan di Ciater Spa Resort. Penelitian ini berjenis deskriptif-verifikatif. Metode analisis yang digunakan adalah analisis jalur dengan alat bantu sofware Partial Least Square (PLS). Hasil penelitian menunjukan bahwa Kualitas pelayanan di Ciater Spa Resort tidak berpengaruh signifikan terhadap loyalitas, hal ini berarti bahwa kualitas pelayanan sebagai variabel eksogen membutuhkan peran intervening (variabel kepuasan). Sedangkan, kepuasan pengunjung di Ciater Spa Resort berpengaruh signifikan terhadap loyalitas pengunjung. Selain itu hubungan diantara kedua variabel penelitian tersebut adalah positif, maka semakin meningkatnya kepuasan pengunjung akan semakin meningkat pula loyalitasnya, sebaliknya semakin menurunya kepuasan pengunjung akan berdampak terhadap semakin menurunnya loyalitas pengunjung. Penemuan ini telah sesuai teori loyalitas pelanggan dalam buku-buku pemasaran. Sehingga penelitian verifikatif yang telah dilakukan berhasil memverivikasi teori loyalitas secara umum. Artikel ini sekaligus menegaskan sebuah model teori pelayanan serta hubunganya dengan kepuasan dan loyalitas, sekaligus mampu meminimalisir adanya kemungkinan loyalitas semu sehingga model ini dapat dipakai dalam implementasi manajemen pelayanan. |
| Date: | 2018–01–16 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:yevg6&r=all |
| By: | , purwantoro (Universitas Pasir Pengaraian); Rohmah, Rina Ari |
| Abstract: | Micro Small medium enterprises (UMKM) in each state specifically in the ASEAN region faced with the situation of global competition. A very tight competition is forcing businessmen to Become the best. One of the ways that it can be Reached by the trade to be Able to be the best business strategy is Appropriate, effective and efficient. This research aims to find out how the application business model canvas in creating alternative business strategies for the development of UMKM. The second objective is to know the proper strategic alternatives for the development of UMKM. The methods used in this research is descriptive qualitative approach with the use of informants as respondents research. The source of data used is the business owners as much as 16 UMKM who open businesses in the downtown area of Pasir Pengaraian. Data collection techniques directly using interview techniques, observation and documentation. This research uses a template business model canvas to map strategy for the effort and combined with the SWOT analysis. Based on Data Obtained from the results of research, that the description of the business model approach of UMKM using Business Model Canvas outline can be used as Recommendations for business strategy, the business model of the which is currently already underway is Able to meet the Nine elements of the blocks on the template business model canvas. The findings of this research are that not all the UMKM business strategy and have just run a business without the vision of enterprise development. Based on the results of the SWOT analysis can be found that new alternative Efforts by optimizing internal strength in revenue streams on each of UMKM and conduct of elections to the right customer segments. Suggestions that may the researcher pointed out every UMKM should be more online to have the vision to grow and continue to innovate against products goods or services, increase of customer segmentation and the make use of business model canvas approach in making the strategy of the business. |
| Date: | 2017–12–29 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:7evdj&r=all |
| By: | Tanjung, Mariani St.B |
| Abstract: | According to a fiduciary asal he comes from the roman fides which means confidence.A fiduciary is term was long known in indonesian language. So is the term is used in the law number 42 year 1999 regarding fiduciary security.In dutch terminology the term is often called the full fiduciare eigendom jerusalem--the overdracht (f.e.o.) that the surrender of property in trust.While in terms of english called fiduciary transfer of ownership.Understanding fiduciary transferee proprietary rights is an object on the basis of trust with the proviso that the rights owner transferred ownership remains in control thisstuff. |
| Date: | 2019–03–05 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:3ev8w&r=all |
| By: | Hermawan, Hary (Sekolah Tinggi Pariwisata AMPTA Yogyakarta, Indonesia) |
| Abstract: | Baik tuan tuntutan lokalitas maupun tuntutan-tuntutan turistik semuanya harus terpenuhi agar kelangsungan pariwisata dapat terus belanjut dan berkembang. Lokalitas dan turistik harus macht, harus pro-, saling suport, dan saling ketergantungan. Pengembang wisata tidak boleh hanya berupaya untuk memenuhi kebutuhan-kebutuhan dan keinginan wisatawan namun abai terhadap tuntutan lokalitas. Jika pariwisata mau maju maka keduanya harus di macth-kan. Wisatawan terpenuhi kebutuhan dan harapanya dalam berwisata tuntutan lokalitas mendapatkan manfaat dari pariwissata dan terpuaskan. “Pariwisata harus menjadi wahana simbiosis mutualisme yang lebih adil bagi kedua pihak.” Motivasi tuan rumah dalam hal ini termasuk salah satu dari dimensi-dimensi lokalitas yang telah dijelaskan diatas. |
| Date: | 2017–11–21 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:6gc8j&r=all |
| By: | Murad, Wahid; Alam, Md. Mahmudul (Universiti Utara Malaysia); Islam, Mazharul |
| Abstract: | While CO2 emissions from the residential and commercial sectors of Japan have increased significantly since 1990 the country‟s industrial emissions make up the largest share of those emissions. The historical CO2 emission performance data also indicate that the iron and steel, chemical, paper and pulp and cement were the top four largest industrial emitters, and these top four emitting industries contributed nearly two-third of the industrial sector‟s total CO2 emission amount during 1990-2015. Evidently, any appropriate efforts or strategies guided by an empirical investigation like this are expected to help Japan‟s industrial emitters move toward a more tolerable and less polluted carbon footprint, which is well-matched with the country‟s commitment to Kyoto Protocol. This study is thus an effort to empirically investigate the causality and long-run trend/relationship between Japan‟s industrial production and CO2 emissions and to propose some corporate environmental strategies using the econometric techniques of Vector Error Correction (VEC) and Granger causality. It found that there exists no Granger causality between Japan‟s industrial production and CO2 emissions in any direction. But the VEC estimation reveals that an increase in Japan‟s industrial production by 1% is associated with a 0.08% increase in the country‟s CO2 emissions. It also reveals that any disequilibrium between Japan‟s industrial production and CO2 emissions could take about 0.7 quarters for half of the error to be corrected for. The adjustment rate for Japan‟s industrial production is found to be positive but quite slow at the rate of 0.08% per year. Since Japan‟s CO2 emissions vis-à-vis its industrial production is found to have reached above the long-run equilibrium level, its industrial sector is expected to encounter with stricter government regulations requiring reduction of CO2 emissions to the targeted/equilibrium level in the future. |
| Date: | 2019–06–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:zb2dv&r=all |
| By: | Hermawan, Hary (Sekolah Tinggi Pariwisata AMPTA Yogyakarta, Indonesia) |
| Abstract: | Research on the effects of economic development of rural tourism to the local community is a kind of descriptive qualitative research. This research was conducted in the village of Nglanggeran, District Pathuk, Gunung Kidul, Yogakarta. The survey results revealed that the development activities of the Tourism Village Nglanggeran considered quite good, the main indicator is the average increase in tourist arrivals sizeable year-on-year. The readiness of local communities in terms of education, knowledge, and level of community involvement in the development of rural tourism shows that the public has been sufficiently prepared to deal with potential impacts that arise. The level of development of tourism which generates high frequency level of interaction between local communities and the frequent travelers, which is an average of more than 5 times the interaction per 3 months. The results showed that developing a tourist village bring a positive impact to the economic development of local communities in the village Nglanggeran, including: increased public income; increase employment and business opportunities; increase ownership and control of local communities; increase government revenues through travel levy. While indications of a negative impact on the local economy in the form of rising prices of goods can not be found. |
| Date: | 2017–11–20 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:xhkwv&r=all |
| By: | Muteba Mwamba, John Weirstrass; Tchuinkam Djemo, Charles Raoul |
| Abstract: | This paper examines the impact of foreign exchange rate risk on the expected return of a South African investor’s portfolio. A GJR-GARCH based Value at Risk (VaR) model was used to compute the upside and downside risk measures. Data sample of ten emerging stock markets were utilized: from 1 January 2000 to 6 March 2019. The tails of negative and positive asset returns were modelled with the help of the generalized Pareto distribution (GPD) method in order to separate left tail risk from right tail risk. Our findings reveal that international diversification substantially enhances the South African investor’s portfolio return, with a noticeable yield increase in China, Brazil, Argentina, Mexico, and Russia. Furthermore, the Singaporean dollar and Chinese Yuan are found to have a negative impact on the portfolio return, while the rest of the currencies have a positive impact on the portfolio return. Also, we found that exchange rate risk is underestimated when using the variance-covariance method as it fails to capture the swing movement of currency in the minimum- value at risk optimization. |
| Keywords: | International Diversification, Exchange Rate Risk, Portfolio Selection, Value at Risk |
| JEL: | F3 F31 F37 G1 G14 G17 |
| Date: | 2019–12–03 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:97338&r=all |
| By: | Hussien, Mohammed Ebrahim; Alam, Md. Mahmudul (Universiti Utara Malaysia); Murad, Wahid; , Abu N.M. Wahid |
| Abstract: | Purpose – The purpose of this study is to analyze the profitability performance of Islamic banks of the Gulf Cooperation Council (GCC) region during 2008 global financial crisis. Design/methodology/approach – Bank specific data are taken from the Bank Scope database and macroeconomic data are collected from International Financial Statistics. Using a panel data series of 30 banks for the period of 2005 to 2011, the study shows the evidence of structural break for the crisis year as well as the factors that impact the profitability of Islamic banks. Findings – The performance of GCC Islamic banks was significantly influenced during the crisis period by capital adequacy, credit risk, financial risk, operational efficiency, liquidity, bank size, gross domestic product, growth rate of money supply, bank sector development and inflation rate. The study also finds that there is a structural change before and after the global financial crisis. Originality/value – This is an original study that shows that the shariah compliant banks have performed better during the crisis and are not affected based on their internal performance records; rather, they have been affected indirectly from the macro shock due to the overall economic crisis. |
| Date: | 2019–06–15 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:vahtz&r=all |
| By: | Hermawan, Hary (Sekolah Tinggi Pariwisata AMPTA Yogyakarta, Indonesia) |
| Abstract: | ABSTRACT Research on the development impact of rurall tourism to sosial-culture is a kind of descriptive qualitative research. This research was conducted in Nglanggeran Village Yogakarta. The survei results revealed that the rural tourism development activities undertaken by the Kelompok Sadar Wisata (Pokdarwis) Nglanggeran considered quite good, the indicator is the average increase in tourist arrivals sizeable year-on-year with the characteristics of travelers are very diverse. The readiness of lokal communities in terms of aspects of education, knowledge, involvement of lokal communities in the development shows that the majority of society has been sufficiently prepared to deal with potential impacts that arise. The growth of tourism which generates high frequency level of interaction between lokal communities and tourists, which is an average of more than 5 times the interaction in every 3 months. In this study also note that developing the Nglanggeran Tourism Village has many different effects. With a good community preparedness, the negative impact of Tourism Village development can be minimized. |
| Date: | 2017–11–20 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:wmr9s&r=all |
| By: | Shahriar, Shawon Muhammad; Alam, Md. Mahmudul (Universiti Utara Malaysia); Said, Jamaliah; Monzur-E-Elahi, Mohammad |
| Abstract: | The concept of Islamic entrepreneurship centers on ensuring community well-being as the priority, which is one of the important objectives (Maqasid) of the Islamic Shari’ah. Historically, waqf played a significant role in the Islamic economic system, particularly in rendering exemplary welfare services in the areas of healthcare, education, social welfare, environmental, and other community-based programs. However, only a few success stories in recent history have institutionally utilized the properties of waqf under proper management to achieve its substantial objectives. This study uses the literature review as basis to analyze the reasons behind the successful utilization of waqf as an effective tool to ensure social welfare services in the past, as well as how this model can be replicated by considering current contexts. This study will assist Islamic value-centric entrepreneurs, regulatory authorities, investors, and researchers to gain an overall insight into the potentials of waqf as a tool for rendering commendable social welfare services. |
| Date: | 2019–06–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:8bfjy&r=all |
| By: | Said, Jamaliah; Asry, Salsabila; Rafidi, Marhamah; Obaid, Rawia Rida; Alam, Md. Mahmudul (Universiti Utara Malaysia) |
| Abstract: | Recently, employee-fraud has drawn extensive attention due to huge amount of losses of various organizations. This study developed a new model of fraud risk by integrating new elements into a fraud triangle theory. This study simultaneously analyzed religiosity and the three elements of fraud risk factors of employee fraud committed by low and mid-level public officials. The data collected from 120 enforcement officers indicated that religiosity is negatively related to employee fraud. By contrast, all the three elements of fraud triangle theory, namely, pressure, opportunity, and rationalization, are positively related to employee fraud. These results imply that strong religiosity is crucial to mitigate employee fraud. To minimize employee fraud, the opportunity to commit such fraud should be reduced through strong internal control, reduction of negative rationalization, and employee financial pressure. This study contributes to the literature by introducing a new model on employee-fraud occurrence that is not extensively discussed, particularly in the context of local authority in developing countries. |
| Date: | 2019–06–13 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:wcyg4&r=all |
| By: | Hoon, Hian Teck (School of Economics, Singapore Management University) |
| Abstract: | We study the effects of introducing two different types of robots (additive and multiplicative) in an infinitely lived one-sector aggregative model with malleable capital on wages. The wage effects of these two polar cases are dramatically different. Given malleable capital that can be retrofitted for use either as conventional machines or as robots, we show that when it is profitable for firms to adopt additive robots in the production process, the real wage drops on impact and remains permanently at the lower level even as total malleable capital accumulates. However, when multiplicative robots are adopted, we show that while the immediate impact on the real wage is ambiguous, the real wage enjoys a positive trend growth even in the absence of steady technological progress. |
| Date: | 2019–12–23 |
| URL: | http://d.repec.org/n?u=RePEc:ris:smuesw:2019_021&r=all |
| By: | Murad, Wahid; Alam, Md. Mahmudul (Universiti Utara Malaysia); Noman, Abu Hanifa Md.; OZTURK, Ilhan |
| Abstract: | This study investigates the dynamic relationships between technological innovation, consumption of energy, energy price and economic growth in Denmark during the period from 1970 until 2012, using multivariate setting to examine time-series data. The analysis employs the autoregressive distributed lag (ARDL) approach to co-integration in order to examine both the short and long run dynamics among the variables. Furthermore, the study uses the Granger procedure within the VAR framework to identify causality among the variables. The model used in this study is found to be sound, a diagnosis of the reliability of the model reached by testing normality, functional form, serial correlation, and heteroscedasticity, with stability of the model tested using a cumulative sum and cumulative sum square test, based on recursive regression residuals. The ARDL approach to co-integration reveals that real GDP growth positively influences energy consumption as well as significantly in both the short run and long run, while energy prices and technological innovation influence energy consumption negatively and significantly. The results ascertain that energy consumption and economic growth are independent of each other, and thus they support a neutral hypothesis for Denmark. Besides, both the technological innovation and energy prices are found to be Granger cause energy consumption. Therefore, the study suggests that Denmark should adopt conservative energy policy using technological innovation and energy prices as instruments to achieve energy security and protect the environment from pollution. |
| Date: | 2019–06–15 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:4m27y&r=all |
| By: | Asian Business Consortium; Parvin, Shahnaz; Chowdhury, A. N. M. Minhajul Haque; Siddiqua, Ayesha; Ferdous, Jannatul |
| Abstract: | Nowadays Modern economy cannot be thought without banks. The banks of Bangladesh have great contributions to the development of this country. This study concentrated on the commercial banks in Bangladesh to determine the effect of liquidity and bank size on the profitability of the banks during the year 2011-2015. Seven commercial banks were selected and descriptive as well as correlations analysis statistics were used to conduct the study. Data from the annual reports of the banks were analyzed. The results stated that loan to asset ratio and bank size had a positive relation with return on asset (ROA) which was the indicator of profitability. The results also showed that deposit to asset ratio had a negative impact on the ROA of the selected banks. Although there were relationships among liquidity, bank size and profitability but liquidity and bank size did not have a significant influence on the profitability of the banks. |
| Date: | 2019–01–28 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:5g2q4&r=all |