Open Access. Powered by Scholars. Published by Universities.®

Business Commons™

Open Access. Powered by Scholars. Published by Universities.®

Universitas Indonesia

Discipline
Keyword
Publication Year
Publication
Publication Type
File Type

Articles 1021 - 1050 of 1215

Full-Text Articles in Business

Expropriation Risk Through Real Earnings Management On Islamic Banking, Surifah Surifah Jul 2015

Expropriation Risk Through Real Earnings Management On Islamic Banking, Surifah Surifah

The Indonesian Capital Market Review

This study develops a model of expropriation through real earnings management (REM) in the Indonesian Islamic banking industry. The purpose of this study is to test a new model by examining the relationship between REM, bank ownership types, and performance of Islamic banks in Indonesia in the period of 2006 - 2013. This study finds that there are significant differences in REM and performance scores in banks with different ownership types. The REM and performance scores for family-owned banks and private-owned banks are relatively similar. However, Islamic banks with government as the controlling shareholder have the highest REM scores and …


Ambiguity Towards Multiple Historical Performance Information Signals: Evidence From Indonesian Open-Ended Mutual Fund Investors, Haris Pratama Loeis, Ruslan Prijadi Jul 2015

Ambiguity Towards Multiple Historical Performance Information Signals: Evidence From Indonesian Open-Ended Mutual Fund Investors, Haris Pratama Loeis, Ruslan Prijadi

The Indonesian Capital Market Review

This study focuses on the behavior of open-ended mutual fund investors when encountered with multiple information signals of mutual fund’s historical performance. The behavior of investors can be reflected on their decision to subscribe or redeem their funds from mutual funds. Moreover, we observe the presence of ambiguity within investors due to multiple information signals, and also their reaction towards it. Our finding shows that open-ended mutual fund investors do not only have sensitivity towards past performance information signals, but also have additional sensitivity towards the ambiguity of multiple information signals. Because of the presence of ambiguity, investors give more …


Dynamic Correlation Between Stock Market Returns And Crude Oil Prices: Evidence From A Developing Economy, Emenike O. Kalu Jul 2015

Dynamic Correlation Between Stock Market Returns And Crude Oil Prices: Evidence From A Developing Economy, Emenike O. Kalu

The Indonesian Capital Market Review

Modeling the correlation of assets returns volatilities across different markets or segments of a market has practical value for portfolio selection and diversification, market regulation, and risk management. This paper therefore evaluates the nature of time-varying correlation between volatilities of stock market and crude oil returns in Nigeria using Dynamic Conditional Correlation-Generalised Autoregressive Conditional Heteroscedasticity (DCC-GARCH) model. Results from DCC-GARCH (1,1) model show evidence of volatility clustering and persistence in Nigeria stock market and crude oil returns. The results also show that there is no dynamic conditional correlation in ARCH effects between stock market returns and crude oil prices in …


Conventional And Islamic Indices In Indonesia: A Comparison On Performance, Volatility, And The Determinants, Nika Pranata, Nurzanah Nurzanah Jul 2015

Conventional And Islamic Indices In Indonesia: A Comparison On Performance, Volatility, And The Determinants, Nika Pranata, Nurzanah Nurzanah

The Indonesian Capital Market Review

The purpose of this study is to evaluate performance and volatility of Islamic andconventional stock indices along with their determinant factor variables in Indonesia. The study adopts: (1) Capital Asset Pricing Model (CAPM) to compare the performance of the Jakarta Islamic Index (JII) to represent Islamic indexandLQ45 to represent the conventional, (2) beta calculation to measure volatility, and (3) Autoregressive Distributed Lag (ARDL) to capture the determinants and the reason behind the outperformance. The data coverage is from January 2006 to November 2015. The study finds that: (1) There is no significant differenceon performance between JII and LQ45, (2) JII …


Employee Embeddedness And Turnover Intentions: Exploring The Moderating Effects Of Commute Time And Family Embeddedness, Debora Eflina Purba Jul 2015

Employee Embeddedness And Turnover Intentions: Exploring The Moderating Effects Of Commute Time And Family Embeddedness, Debora Eflina Purba

Makara Human Behavior Studies in Asia

This study aims to investigate the moderating effects of commute time, availability of nearby replacement jobs, and family embeddedness to the relationship between employee embeddedness and turnover intentions. Employee embeddedness includes organizational and community embeddedness. Previous studies showed that employee embeddedness is a good predictor of turnover. However, other studies have subsequently demonstrated different results in employee embeddedness-turnover relationship. The present study hypothesizes that commute time, availability of nearby replacement jobs, and family embeddedness moderate the relationship between employee embeddednessturnover intentions. Data were obtained from a sample of 330 full-time employed nurses in two hospitals in Jakarta, Indonesia. Results showed …


Potential Conflict Between The Malay And The Dayak Ethnic Groups In The Hinterland Region Of West Kalimantan, Edlin Dahnia Alfath Jul 2015

Potential Conflict Between The Malay And The Dayak Ethnic Groups In The Hinterland Region Of West Kalimantan, Edlin Dahnia Alfath

Makara Human Behavior Studies in Asia

This research was conducted in two villages in the hinterland region of West Kalimantan. The two villages are separated only by a small stream, and they are inhabited by two different ethnic groups. Seen from the upstream of the river, the left side of the riverbank is where the Dayak lived, while at the right side of the riverbank is where the Malay ethnic resided. The Malay, as Muslims, led their live according to Islamic teaching, while the Dayak is oblivious to their neighbor’s Islamic way of life. This in turn had fostered seeds of tensions with a potential for …


Culture Of Control Versus The Culture Of Resistance In The Case Of Control Of Forest, Prudensius Maring Jul 2015

Culture Of Control Versus The Culture Of Resistance In The Case Of Control Of Forest, Prudensius Maring

Makara Human Behavior Studies in Asia

The implementation of rights, policy, forest official, and repressive approach by the government shows that the culture of control is applied at forest tenure. This research showed that the application of cultural control by the Government clashed with the interests of local wisdom and socio-economic communities around the forest. The local community have developed strategies and tactics to resist the Government through controlling the land, determining the types of plant, and by implementing community-based forest management system. These resistance strategies and tactics is the manifestation of the socio-economic conditions which are integrated in the community culture. Through the perspective of …


Factors Influencing The Knowledge Seekers In Adopting The Knowledge Management System (Kms), Setiawan Assegaff Jul 2015

Factors Influencing The Knowledge Seekers In Adopting The Knowledge Management System (Kms), Setiawan Assegaff

Makara Human Behavior Studies in Asia

One indication of KMS success is when the knowledge seeker actively access the knowledge stored within the system’s repository. Unfortunately, studies that specifically designed to provide more understanding about the behavior of the knowledge seeker with regard to their acceptance of KMS are still quite rare. The purpose of this study is to investigate the factors that influence the behavior of knowledge seeker(s) in KMS acceptance. A research model for this study was developed using the Theory of Reasoned Action (TRA), and the data was collected from 125 knowledge seekers from three companies in Indonesia. By utilizing the Squares Structural …


Persepsi Mahasiswa Tentang Ketidak-Jujuranakademik: Studi Kasus Mahasiswa Program Vokasi Universitas Indonesia, Heri Yuliyanto Jun 2015

Persepsi Mahasiswa Tentang Ketidak-Jujuranakademik: Studi Kasus Mahasiswa Program Vokasi Universitas Indonesia, Heri Yuliyanto

Jurnal Vokasi Indonesia

Often we see students gathered tasks given by the lecturers and they are copying answers between students and others. They perform this action with no load, even though the task is an individual task. Do they know that what they are doing is an action that is contrary to the basic values of academic integrity. Or perhaps they are not aware that they are not a violation, since they merely imitate or follow the habits of seniors or friends the same age. Then comes the question "How do they (students) do dishonesty (cheating)?" And "Why are or what background they …


Perbandingan Pengenaan Pbb Sektor Perdesaan &Perkotaan Di Provinsi Dki Jakarta , Bekasi, & Depok Berdasarkan Sppt Pbb Tahun 2014 & 2015, Fitria Arianty, Thesa Adi Purwanto Jun 2015

Perbandingan Pengenaan Pbb Sektor Perdesaan &Perkotaan Di Provinsi Dki Jakarta , Bekasi, & Depok Berdasarkan Sppt Pbb Tahun 2014 & 2015, Fitria Arianty, Thesa Adi Purwanto

Jurnal Vokasi Indonesia

Tax on Land and Building, Rural and Urban Sector based on the regional regulation may vary from one region to another. This is because the imposition authority of tax on land and building, rural and urban sectors were handed over to local governments. This study aimed to compare the land and building, Rural and Urban Sector tax policies in DKI Jakarta, Bekasi, Depok, based on SPPT 2014 and 2015. In analyzing the problems of the imposition tax on land and building, rural and urban sectors in DKI Jakarta, Bekasi, Depok, information obtained from interviews with tax authorities and field observations. …


Pengaruh Tingkat Literasi Keuangan Pemilik Usahaterhadap Pengelolaan Keuangan. Studi Kasus: Umkm Depok, Birawani Dwi Anggraeni Jun 2015

Pengaruh Tingkat Literasi Keuangan Pemilik Usahaterhadap Pengelolaan Keuangan. Studi Kasus: Umkm Depok, Birawani Dwi Anggraeni

Jurnal Vokasi Indonesia

Financial literacy affects a person's way of thinking on the financial condition and influence strategic decisions in terms of finances and better management for business owners. This study uses secondary data as study materials which will be given to the micro level that businesses with a turnover of up to 300M per year in which the segment in general do not have good financial records to then be used as financial statements. In a study using 12 samples of SMEs in the area of Depok randomly selected. This study uses processed using descriptive statistics as well as the weighting at …


Pemberdayaan Masyarakat Melalui Pendidikanperencanaan Dan Pengelolaan Keuangan Dan Investasibagi Umkm Dalam Rangka Pengembangan Usaha Danpeningkatan Kualitas Hidup Keluarga, Dede Suryanto, Fibria Indriati Dwi Liestiawati, Ixora Lundia Suwaryono, Pantius Drahen Soeling Jun 2015

Pemberdayaan Masyarakat Melalui Pendidikanperencanaan Dan Pengelolaan Keuangan Dan Investasibagi Umkm Dalam Rangka Pengembangan Usaha Danpeningkatan Kualitas Hidup Keluarga, Dede Suryanto, Fibria Indriati Dwi Liestiawati, Ixora Lundia Suwaryono, Pantius Drahen Soeling

Jurnal Vokasi Indonesia

Community Engamenet Program gives the skill of planning and financing education for Small Medium Entreprises (SME), how they make business plan begin budgeting, raising the fund, create financial statement, buseiness development and investing to enhance their wealth of family. This program delivered to 30 SME of Assosiation of Depok Creative Industries (AIKD). Some activities delivered are training and business assistance. The aims of program point out some changes before and after program impelementation. The SME have positive behavior in financing. The success indicators are the SME have financial statement of entrepreises and their family. In otherwise they they can make …


Pemaknaan Perjuangan Perempuan Di Social Media(Studi Kasus Artikel “Ibu, 10 Tahun Penjara, 10 Milyarrupiah” Di Dalam Blog Www.Alandakariza.Com), Pijar Suciati Jun 2015

Pemaknaan Perjuangan Perempuan Di Social Media(Studi Kasus Artikel “Ibu, 10 Tahun Penjara, 10 Milyarrupiah” Di Dalam Blog Www.Alandakariza.Com), Pijar Suciati

Jurnal Vokasi Indonesia

This study, in general aimed to describe and know the meaning of the message women struggle by users of social media (Facebook and Twitter) to the blog article of Alanda Kariza. This study uses a critical paradigm of constructionism. The type is descriptive research using case study strategy. Data collection techniques used is by interview (interview), with the selection of informants using purposive judgmental convenience. The conclusion that can be drawn from this research is, in the end a meaning that appears in the mind of the reader to a blog written in social media is influenced by many things, …


Kreativitas Udjo Ngalagena : Studi Keberhasilan Pengembangan Kreativitas Di Saung Angklung Udjo (Sau), Budiman Mahmud M Jun 2015

Kreativitas Udjo Ngalagena : Studi Keberhasilan Pengembangan Kreativitas Di Saung Angklung Udjo (Sau), Budiman Mahmud M

Jurnal Vokasi Indonesia

This article is the result of qualitative research which focused on creativity, especially creativity Udjo Ngalagena in terms of personal, press, processes and products. The results showed that the various potentials and support from the family, community and school (education) makes Udjo being personally creative. Personal creative and press factor gives strength to Udjo Ngalagena to continue and develop their creativity amid the challenges and conditions of the times. Udjo Ngalagena succeeded in making angklung tradition into creative products in educational activities, production and performances regularly and formally at Saung Angklung Udjo (SAU) with reference to the traditional values of …


Analisis Kualitas Layanan Atm Dan Kepuasanpengguna Terhadap Loyalitas Pelanggan Denganpendekatan Structural Equation Modelling Jun 2015

Analisis Kualitas Layanan Atm Dan Kepuasanpengguna Terhadap Loyalitas Pelanggan Denganpendekatan Structural Equation Modelling

Jurnal Vokasi Indonesia

This research has been prepared for the purpose of reviewing the impact of the quality of services provided by ATM on one of the largest private bank in Indonesia on customer loyalty. In this case the quality of the service will be tested at one of the ATM Bank the largest private bank in Indonesia which consists of quality information and quality on customer loyalty ATM system on one of the largest private bank in Indonesia which is mediated by customer satisfaction. T-count value obtained from Confirmatory Factor Analysis (CFA) for all variables showed that all the questions are included …


Analisis Manajemen Risiko Di Unit Sirkulasi Perpustakaan Fakultas X, Ratih Surtikanti Jun 2015

Analisis Manajemen Risiko Di Unit Sirkulasi Perpustakaan Fakultas X, Ratih Surtikanti

Jurnal Vokasi Indonesia

The role of records management is often only realized by an organization or a person when there are problems or difficulties that can only be overcome if there is a document that contains the necessary information. analysis of effective record management so organizations can reorganize the existing record management system in accordance with the most important priority for the organization. With the improvement in the organization's records management system is expected in the foreseeable future will not encounter any problems either in the fields of law, finance, as well as the administrative history.


The Effect Of Asean Open Skies Policy 2015 Upon Opportunities For Low-Cost Carriers In Indonesia – A Case Study Of Pt. Citilink, Sri Nurhendiarni, Nila K. Hidayat, Linus Pasasa Apr 2015

The Effect Of Asean Open Skies Policy 2015 Upon Opportunities For Low-Cost Carriers In Indonesia – A Case Study Of Pt. Citilink, Sri Nurhendiarni, Nila K. Hidayat, Linus Pasasa

The South East Asian Journal of Management

The ASEAN Open Skies agreement is included in the ASEAN Economic Community’s blueprint and will be implemented in 2015. This study is intended to assist Citilink - an Indonesian low-cost carrier airline - in measuring its level of awareness and analyzing its SWOT towards the ASEAN Open Skies Policy 2015. This descriptive study utilizes quantitative and qualitative approaches and collected data from both primary and secondary sources. Questionnaires were distributed to Citilink Staff and analyzed using IBM SPSS and SPSS Amos. The awareness level of Citilink staff towards the ASEAN Open Skies Policy turned out to be high and the …


Examining Malaysian Hotel Employees Organizational Commitment By Gender, Education Level And Salary, Hashim Fadzil Ariffin, Norbani Che Ha Apr 2015

Examining Malaysian Hotel Employees Organizational Commitment By Gender, Education Level And Salary, Hashim Fadzil Ariffin, Norbani Che Ha

The South East Asian Journal of Management

The purpose of this study is to investigate the Organizational Commitment (OC) among Malaysian hotel employees. The aim is to identify the perception of employees concerning OC that they have perceived at their workplace and, how gender, education level and range of salary affect them. The data have been collected through sets of questionnare answered by 624 respondents who are hotel employees in Malaysia. The dimensions of OC which are affective, continuance and normative have been analysed using exploratory factor analysis (EFA). The data then been analysed using t-test and analysis of variance (ANOVA) to find the significance differences between …


Organizational Culture, Absorptive Capacity, Innovation Performace And Competitive Advantage: An Integrated Assessment In Indonesian Banking Industry, Ahmad Adriansyah, Adi Zakaria Afiff Apr 2015

Organizational Culture, Absorptive Capacity, Innovation Performace And Competitive Advantage: An Integrated Assessment In Indonesian Banking Industry, Ahmad Adriansyah, Adi Zakaria Afiff

The South East Asian Journal of Management

The positive impact of absorptive capacity (ACAP) on innovation and the positive impact of innovation on competitive advantage have been proven in different research contexts. However, current knowledge on organizational culture that affects ACAP, innovation and competitive advantage as a whole, remains unclear. This article proposes a model to examine how organizational culture (developmental culture and rational culture) affects ACAP, innovation and competitive advantage, directly and indirectly as well. Surveyed data (in Indonesian Banking Industry) shows that both of organizational culture have a direct impact on ACAP. Only developmental culture has a direct impact on innovation. There is no culture …


Inclusiveness And Exclusiveness Of Japanese-Style Management Abroad - Some Evidence From South East Asia, Thomas Diefenbach Apr 2015

Inclusiveness And Exclusiveness Of Japanese-Style Management Abroad - Some Evidence From South East Asia, Thomas Diefenbach

The South East Asian Journal of Management

Research has shown that, when Japanese companies go abroad, they continue to apply their distinctive Japanese-style management – with perhaps some adaptation to local economic and socio-cultural contexts. What has not been researched so far is how inclusive or exclusive Japanese-style management is for those working within the organisation. Based on case studies carried out in eight Japanese companies in Cambodia, Thailand and Vietnam, this paper investigates how Japanese and local managers and employees are either included or excluded by the values, management styles and ways of decision-making prevailing in their company. The evidence not only shows differences in perceptions …


Credit Control Management And Business Performances: The Malaysian Family Smes Perspectives, Edward Wong Sek Khin, Chong Kei Loong, Gurcharan Singh Apr 2015

Credit Control Management And Business Performances: The Malaysian Family Smes Perspectives, Edward Wong Sek Khin, Chong Kei Loong, Gurcharan Singh

The South East Asian Journal of Management

This study examined the relationship between control management and family business performance in the Malaysian context. It has two objectives, the first being to determine the relationship of organizational credit control policy and procedures, employee development and motivation, and intelligence collection systems to subsequent collection reports in Malaysian family SMEs. The second objective is to investigate the moderating effect of participation in decision-making and work effort towards innovation and business performance. This is a descriptive study involving 90 senior executives employed in 90 Malaysian family SMEs/firms. A correlation analysis from this study confirmed previous researchers’ observations that high-level organizational commitment …


Comparison Of Portfolio Selection And Performance: Shari’Ah-Compliant And Socially Responsible Investment Portfolios, Mehmet Asutay, Nur Dhani Hendranastiti Jan 2015

Comparison Of Portfolio Selection And Performance: Shari’Ah-Compliant And Socially Responsible Investment Portfolios, Mehmet Asutay, Nur Dhani Hendranastiti

The Indonesian Capital Market Review

This study examines the effect of Islamic screening criteria on Shari’ah-compliant portfolio selection and performance compared to Socially Responsible Investment (SRI) portfolio. Each portfolio constructed from 15 stocks based on FTSE 100 using data from year 1997. Mean-variance portfolio optimization is employed with some financial ratios added as constraints for the Shari’ah portfolio. Annual expected return of each portfolio from 2008 to 2013 is used to calculate Sharpe’s ratio, Treynor ratio and Jensen’s alpha as the performance measurement tools. Macroeconomic variables are assessed using ordinary least square to examine whether they influence the portfolios’ expected returns or not. The result …


Value Effect In Indonesian Stock Returns: The Implications For The Equity Mutual Fund Industry, Samuel Kristanto Utomo, Kevin Antony Tjandra Jan 2015

Value Effect In Indonesian Stock Returns: The Implications For The Equity Mutual Fund Industry, Samuel Kristanto Utomo, Kevin Antony Tjandra

The Indonesian Capital Market Review

We extend the persistence and pervasiveness of the presence of value effect to Indonesian stock returns in the last two decades by utilizing data set that is relatively free of survivor bias and selection bias. Our finding shows that value portfolios have been able to outperform growth portfolios. Furthermore, the presence of the effect as an asset pricing factor, along with the size effect, can significantly explain the returns of the aggregate equity mutual funds in Indonesia and unveil that the equity mutual fund industry does not provide sufficient risk-adjusted return to cover trading costs and fund expenses. Our proposition …


Examining The Islamic Stock Market Efficiency: Evidence From Nonlinear Estar Unit Root Tests, Rahmat Heru Setianto, Turkhan Ali Abdul Manap Jan 2015

Examining The Islamic Stock Market Efficiency: Evidence From Nonlinear Estar Unit Root Tests, Rahmat Heru Setianto, Turkhan Ali Abdul Manap

The Indonesian Capital Market Review

This paper empirically examines the efficient market hypothesis (EMH) in the Islamic stock market namely Jakarta Islamic Index by emphasizing on the random walk behavior and nonlinearity. In the first step, we employ Brock et al. (1996) test to examine the presence of nonlinear behavior in Jakarta Islamic Index. The evidence of nonlinear behavior in the indices, motivate us to use nonlinear ESTAR unit root test procedure recently developed by Kapetanios et al. (2003) and Kruse (2011). The nonlinear unit root test procedure fail to rejects the null hypothesis of unit root for the indices, suggesting that Jakarta Islamic Index …


Catching The Behavior Of Stock Market: Numerical Approach To Estimate The Catalytic Chemical Model Parameters, Zäafri Ananto Husodo, Lenny Suardi, Ririen Setiati, Risca Fleureta Hudiyono Jan 2015

Catching The Behavior Of Stock Market: Numerical Approach To Estimate The Catalytic Chemical Model Parameters, Zäafri Ananto Husodo, Lenny Suardi, Ririen Setiati, Risca Fleureta Hudiyono

The Indonesian Capital Market Review

This research proposes a numerical approach in estimating the trend of behavior of this market. This approach is applied to a model that is inspired by catalytic chemical model, in terms of differential equations, on four composite indices, New York Stock Exchange, Hong Kong Hang Seng, Straits Times Index, and Jakarta Stock Exchange, as suggested by Caetano and Yoneyama (2011). The approach is used to minimize the difference of estimated indices based on the model with respect to the actual data set. The result shows that the estimation is able to capture the trend of behavior in stock market well.


Understanding Emerging Market Sovereign Bond Yield Spread: Role Of Default And Non-Default Determinants, Adelia Surya Pratiwi Jan 2015

Understanding Emerging Market Sovereign Bond Yield Spread: Role Of Default And Non-Default Determinants, Adelia Surya Pratiwi

The Indonesian Capital Market Review

This paper is motivated by the fact that emerging market assets size has been expanding and trying to use sovereign debt market as part of capital market as main research focus. It is highlighting the distinction between default and non-default determinants and examining their significance in explaining emerging market sovereign bond yield spread. Using Cross-Sectional Fixed-Effect Panel Estimator, we found that both default (as proxied by Credit Rating and Outlook Index) and non-default (as proxied by 3-month Fed Funds Futures) determinants has significant explanatory power to sovereign bond yield spread. Extensively, we also found the significance to add volatility of …


Kajian Teoritis Atas Harmonisasi Antara Keseragaman (Uniformity) Praktik Akuntansi Komersial Dan Fiskal Dalam Perusahaan Perbankan Indonesia, Arie Widodo, Erwin Harinurdin Dec 2014

Kajian Teoritis Atas Harmonisasi Antara Keseragaman (Uniformity) Praktik Akuntansi Komersial Dan Fiskal Dalam Perusahaan Perbankan Indonesia, Arie Widodo, Erwin Harinurdin

Jurnal Vokasi Indonesia

No abstract provided.


Perbandingan Kebijakan Pajak Penghasilan Atas Ukm Di Indonesia Dengan Negara-Negara Anggota Oecd, Elsie Sylviana Kasim, Thesa Adi Purwanto Dec 2014

Perbandingan Kebijakan Pajak Penghasilan Atas Ukm Di Indonesia Dengan Negara-Negara Anggota Oecd, Elsie Sylviana Kasim, Thesa Adi Purwanto

Jurnal Vokasi Indonesia

No abstract provided.


Implementasi Per-19/Pj/2014 Terhadap Tarif Pajak Penghasilan Orang Pribadi Dan Kepatuhan Pajak, Titin Fachriah Nur Dec 2014

Implementasi Per-19/Pj/2014 Terhadap Tarif Pajak Penghasilan Orang Pribadi Dan Kepatuhan Pajak, Titin Fachriah Nur

Jurnal Vokasi Indonesia

No abstract provided.


Media Sosial Dan Demokrasi Di Era Informasi, Devie Rahmawati Dec 2014

Media Sosial Dan Demokrasi Di Era Informasi, Devie Rahmawati

Jurnal Vokasi Indonesia

No abstract provided.