Business Competition In Indonesia Research Articles

PENGARUH TAX AVOIDANCE, DIVIDEND POLICY, DAN FAKTOR LAINNYA TERHADAP NILAI PERUSAHAAN

The increasing level of business competition in Indonesia causes every company to try to develop its firm value. One of which is through capital which can be obtained by selling shares. Firm value is an important influencing factor for making investment decisions because investors will pay attention to how well the company's performance is. This research was conducted with the aim of obtaining empirical evidence regarding the influence of the independent variables dividend policy, investment decision, leverage, profitability, firm size, liquidity, institutional ownership, and tax avoidance. The object of this research uses a population of all consumers non-cyclicals and consumer cyclicals sector companies listed on the Indonesia Stock Exchange (BEI) from 2020 to 2022. Sample selection was carried out using a purposive sampling method. Data analysis uses multiple linear regression. The data that passed the sample selection criteria was 33 company data out of a total of 99 company data. The testing results indicate that profitability and leverage influence firm value. A high level of leverage makes the company able to maximize its operational activities to obtain high profits so that it becomes a positive signal for investors and increases firm value. A high profitability serves as a signal that the company has good growth prospects in the future so that investors will be more interested in investing and contributing to an increase in the firm value. However, dividend policy, investment decision, firm size, liquidity, institutional ownership, and tax avoidance show no significant influence on firm value

PENGARUH NILAI PERUSAHAAN: STRUKTUR MODAL, UKURAN PERUSAHAAN DAN INVESMENT OPPORTUNITY SET

Business competition in Indonesia encourages companies to maximize company value through stock prices, which reflect their performance and prospects in the market. The purpose of this study is to determine and analyze the effect of capital structure, firm size and investment opportunity set on firm value. This research approach is based on a quantitative approach. The population and research sample are Banking Company that have positive profits and are listed on the IDX in 2019-2023. The data analysis technique uses multiple linear regression analysis. The results show that capital structure, company size and investment opportunity set have an effect on firm value.

The Relationship Between Business Competition Law and Commercial Law in Ensuring Healthy Business Competition in the Market

This research aims to discuss the relationship between business competition law and trade law in realizing healthy business competition in Indonesia. The method used is literature study through document review, such as journals, books and related literature. The results of the discussion show that business competition law, which is regulated in Law no. 5 of 1999, aims to prevent monopoly and unfair competition practices. The basic principles include freedom of business, healthy competition, efficiency and openness. Meanwhile, commercial law regulates legal relations in trade, providing order and legal certainty for business actors. These two areas of law complement each other in creating a healthy and just economic system. Business competition law plays a role in preventing unhealthy business practices and promoting efficiency, while trade law regulates commercial transactions and legal relations between business actors. Both contribute to protecting consumers, increasing economic efficiency, and promoting sustainable economic growth. It can be concluded that business competition law and trade law have an important and complementary role in creating a healthy and conducive business climate for economic growth in Indonesia. Harmonization and effective law enforcement in these two fields is the key to realizing healthy and fair business competition.

Konsekuensi dari Ekosistem Digital terhadap Regulasi Persaingan Bisnis di Indonesia dan Peran Komisi Pengawas Persaingan Usaha (KPPU) dalam Era Ekonomi Digital

The era of the digital economy as it is today has demanded business people to carry out their business activities online. As a result, buyers will also make purchases online. It has implications for business competition. In this case, Law (UU) No. 5 of 1999 concerning the Prohibition of Monopolistic Practices and Unfair business Competition has not accommodated the impact of the digital economy. So with that, this research has two objectives. The objectives are; First, to know the effect of the digital ecosystem on business competition law in Indonesia. Second, to see the role of the Business Competition Supervisory Commission (KPPU) in the digital economy era in the event of unfair business competition. This research uses the type of juridical-normative research. The impact of the digital economy on business competition in Indonesia has resulted in a lot of abuse of the digital platform market. In this case, digital platforms are increasing with vertical business development. This business development increases the ability of digital platforms to collect more data, increase their competitiveness and become online shop owners and application users, so that the dominant position of digital platforms can be abused, for example, discriminating against competitors in retail, exclusivity agreements with consumers, and selling policies. With losses may result in competitors becoming uncompetitive in the market and leaving the market. Responding to these challenges, it is necessary to have a regulation that regulates in a more specific scope. This is because several countries in Europe have revised their business competition law regulations to protect business actors. In addition, as a form of responding to the challenges of the times that have changed the direction of the economy and online business. Of course, the government and business actors must work together to achieve good goals for the parties who will have an impact.

THE URGENCY OF REGULATING THE MISUSE OF PERSONAL DATA POSSESSION BY E-COMMERCE FROM THE PERSPECTIVE OF COMPETITION LAW

The era of the digital economy has increased global trade transactions, giving rise to e-commerce companies that utilize the internet, websites, and applications to carry out trading activities in goods and services. This transformation has led to a change in viewing personal data as a commodity, so that e-commerce practices often take possession of personal data. Departing from this background, this study analyzes how the existing business competition law provisions anticipate the mastery of private data by e-commerce. This study uses a normative juridical method, with a legal-statutory approach and a conceptual approach. The results of the study show that mastery of personal data is indeed permitted in the Personal Data Protection Law, but it is necessary to pay attention to its impact on e-commerce business competition in Indonesia. The practice of controlling personal data has the potential to be misused and can result in monopolistic practices and/or unfair business competition. Current business competition legal instruments and the Business Competition Supervisory Commission (KPPU) are still limited in conducting investigations related to the practice of mastery of personal data by e-commerce which involves market advertising, definition of the e-commerce market, measuring market power, and reviewing mergers. It is necessary to formulate separate regulations regarding the prohibition of controlling personal data which can result in monopolistic practices and/or unfair business competition, both in the revision of the Business Competition Law and other related regulations.

Indonesian Business Competition Law post the enactment Government Regulation in Lieu of Law on Job Creation Regulation into Law

This study aims to find out the development of business competition law in Indonesia as stipulated in Law Number 5 of 1999 on the Prohibition of Monopolistic Practices and Unfair Business Competition and its impact on the dynamics of business competition in Indonesia after the enactment of Law Number 6 of 2023 on Stipulation of Government Regulation in Lieu of Law (Government Regulation in Lieu of Law) Number 2 of 2022 concerning Job Creation into Law. This study uses a normative method with a statute approach and a library research approach. The formulation of the problem in this study is the development of business competition law in Indonesia after the enactment of the Government Regulation in Lieu of Law on Job Creation into Law and the impact of the enactment of Law Number 6 of 2023 on the dynamics of business competition in Indonesia. The results showed that the Business Competition Law in Indonesia experienced the first change in terms of substance after the enactment of Law Number 6 of 2023 on the Stipulation of Government Regulation in Lieu of Law Number 2 of 2022 concerning Job Creation into Law. These changes then led to a shift in the dynamics of the Competition Procedure Law, which was considered regressed. Keywords : Business Competition Law, Business Actors, and Unfair Competition

Dumping Practices on Market Balance: A Review of Business Competition in E-Commerce

The practice of dumping is an increasing phenomenon in international trade. Dumping is a practice where exporters sell commodities on the international market at prices below fair value or lower than the price in the country of origin or the general price on the international market. This practice is considered unfair because it can damage the market and harm competitors in the importing country. The government can adopt policies and regulations that protect local producers from dumping practices. Industry players can work together to monitor and report suspicious dumping practices. International institutions such as the World Trade Organization (WTO) can play an important role in addressing dumping practices by providing an international legal framework that regulates this practice. This research uses a normative juridical approach with analysis of various relevant laws, regulations and policies. It is hoped that the results of this research will provide a clearer understanding of the practice of dumping and the legal consequences it causes in the perspective of Law No. 5 of 1999 concerning Business Competition in Indonesia.

The position and authority of the business competition supervisory commission (KPPU) in supervising business competition in Indonesia

This article reviews the KPPU's position as an institution in the constitutional system of the Republic of Indonesia and examines in more depth the concept of strengthening the KPPU's authority in supervising and enforcing business competition law in Indonesia. Institutional status is very important because the KPPU is expected to be able to work together quickly in accordance with the mandate of the law. No. 5 of 1999. Strengthening the commission must be followed by increasing the effectiveness of the commission's function so that it is not only a provider of recommendations; and organize its relations with other state institutions to emphasize the ideals of a rule of law as well as the modern principle of separation of power and the basic concept of mutual control-mutual balance.

DESIGN OF BUSINESS MODEL INNOVATION FOR POWER PLANT OPERATION AND MAINTENANCE SERVICES USING DESIGN THINKING METHOD


 
 
 Power generation business competition in Indonesia is increasingly competitive due to the growth of IPP’s with better levels of reliability and efficiency. IPP growth with the TOP scheme in PJBTL has the potential to burden PLN and the state's finances in the long term. In order to guarantee the sustainability of the company, this needs to be a concern of PLN and its subsidiary, PLN Nusantara Power (PLN NP). PLN NP is expected to be able to provide more competitive O&M service fees. This study aims to formulate cost efficiency O&M services based on factors that affect the cost of supplying electricity, to provide efficient and competitive O&M service costs. The research began with the in-depth interviews with experts and reports of electricity supply, O&M service business processes, list of power plant units which were analyzed using the design thinking method, and supported by the cost leadership and blue ocean strategy. The results of the analysis obtained from this study have been validated by experts, in the form of proposed formulations that are studied comprehensively, and are able to solve O&M service cost problems by implementing a cost leadership strategy through changes to return on investment schemes, use of local workforce, appointment schemes directly, as well as the transfer of 3rd party contracts. This research proves that the proposed formulation is able to support O&M service cost efficiency of 9.5%.
 
 

COMPARISON OF BUSINESS COMPETITION INSTITUTIONS BETWEEN INDONESIA AND THAILAND AS A FORM OF STRENGTHENING THE INDONESIAN BUSINESS COMPETITION SUPERVISORY

Competition is a necessity in the business world, business actors are no stranger to competition between business actors in carrying out their business activities. This is done solely for profit. The state established the Business Competition Supervisory Commission (KPPU) as a form of the state's presence in protecting business actors who have acted honestly in carrying out their business activities. This research aims to identify problems related to the duties and authorities of the Commission for the Supervision of Business Competition in Indonesia and Thailand to then carry out a comparative study. The method used by researchers is a normative juridical approach. According to Soerjono Soekanto, the normative juridical approach is legal research conducted by examining literature or secondary data as the basis for research by conducting a search of regulations and literature related to the problem under study.

AKIBAT HUKUM PRAKTIK JUAL RUGI SEMEN CONCH DALAM PERSAINGAN USAHA INDUSTRI SEMEN DI INDONESIA

Competition in the business world has various ways by each business actor. Judging from the application of the principles of business competition in Indonesia, there are several rules that contain matters in carrying out the business world. All provisions contained in the laws and regulations regulate the rights and obligations of every business actor in running his business. Given the content of Law No. 5/1999 concerning the Prohibition of Monopolistic Practices and Unfair Business Competition describes several actions or practices that are prohibited in competing to develop the business of every business actor in Indonesia. One of the prohibitions in the world of business competition is the practice of predatory pricing or commonly referred to as the act of selling at a loss. This practice is an act of selling products from production at prices far below the proper average. This study will discuss one of the case studies related to selling at a loss that occurred in the cement industry in Indonesia, especially in the province of South Kalimantan. Cement Conch which is a product of PT. Conch Cement was the party that was reported on the grounds that there was an alleged monopoly action in the form of a loss-selling practice. Conch cement companies are reported under the provisions of the article in the business competition law. In accordance with the KPPU's decision issued, stated that conch cement was proven to have carried out this practice. Regarding monopoly practices carried out by conch cement companies, we will review the legal consequences and responsibilities based on the applicable laws and regulations.

Interpersonal Communication of Mc Donald's Employees In Improving Customer Satisfaction a t Mc Donald's Karang Satria

Along with the development of fast food business time is also growing and increasing which makes the fast food business competition in Indonesia is becoming increasingly stringent. With this intense competition makes a fast food business continues to offer its products with a variety of innovations, especially in communicating with customers.improve communication skills, provide the best service as well, and meet all the needs required by its customers. It becomes interesting to examine, whether customer satisfaction can be improved by an interpersonal communication conducted by a fast food employee to its customers. This study aims to determine the Interpersonal communication of Mc Donald's employees in improving customer satisfaction at Mc Donald's Karang Satria. This study uses interpersonal communication theory from Devito with dimensions of openness, empathy, support, positivity, similarity and also uses customer satisfaction theory from Indrasari with dimensions of Product Quality, Service Quality, emotional, price and cost. This study uses qualitative research methods with interview data collection techniques, observation, and documentation. The results of this study show that interpersonal communication of mc Donald's employees in improving customer satisfaction has been running well in all dimensions, but there are three dimensions that are still not done well, namely related to positivity, service quality and product quality. The conclusion of the study showed that interpersonal communication plays an important role in improving customer satisfaction.

The Influence of Employee Loyalty and Work Environment on Employee Work Productivity at CV. Umega Bahtera Sanjaya

Business in Indonesia is currently experiencing rapid growth with the increasing number of new companies, making business competition in Indonesia increasingly high for business practitioners. One of the competitions is in the procurement of goods and services, which requires human resources that are able to compete and survive in the competition within a company's industrial activities. Carrying out business activities cannot be separated from the human resource management to complete the work and achieve the company's/organization's goals. This research is titled "The Influence of Employee Loyalty and Work Environment on Employee Work Productivity at CV. Umega Bahtera Sanjaya". The purpose of this study is to determine the influence of employee loyalty and work environment on employee work productivity at CV. Umega Bahtera Sanjaya. The research method used is descriptive and verification method. The research population is the employees of CV. Umega Bahtera Sanjaya. The sampling technique using the formula N=n resulted in a sample of 30 people, and the analysis method used is multiple regression and hypothesis testing. The results of this study indicate that employee work productivity is influenced by employee loyalty and work environment simultaneously. Employee loyalty is more dominant in employee work productivity, with the highest factor being the willingness to work together, which has a significant influence on employee work productivity. On the other hand, the work environment has a deficiency in security, which affects employee performance and comfort, leading to decreased productivity.

FORM OF LEGAL PROTECTION OF SMALL BUSINESS IN THE CONTEXT OF BUSINESS COMPETITION IN INDONESIA

This study aims to determine how small businesses in Indonesia are afforded legal protection in the context of business competitiveness. This is normative legal study, which is often referred to as doctrinal legal research. This study employs 2 (two) approaches: the statutory approach and the conceptual method. The findings indicate that the legal protection of small business actors in business competition in Indonesia is a manifestation of the implementation of economic democracy that contains the principles of justice, unity, and fairness to encourage the creation of business opportunities for every citizen in an atmosphere of healthy and reasonable competition so as not to cause the concentration of economic power on only a few business actors, but to provide opportunities for small business actors.

Pengaruh Return On Asset (ROA), Earning Per Share (EPS), dan Ukuran Perusahaan, terhadap Nilai Perusahaan

Various companies have experienced significant developments that have led to the emergence of business competition in Indonesia, to attract investors to invest in these companies, one of the most important factors to consider is the value of the company. This study aims to determine the effect of return on assets, earnings per share, and firm size on firm value in food and beverage sub-sector companies simultaneously and partially. The dependent variable used in this study is firm value. The sample data was obtained through financial statements listed on the Indonesia Stock Exchange. This study uses quantitative methods, the analytical technique used is descriptive statistics, while hypothesis testing uses multiple linear regression analysis. The determination of the sample was carried out using the purposive sampling method in the food and beverage sub-sector companies for the 2016-2020 period. The results of this study indicate that simultaneously return on assets, earnings per share, and firm size have an effect on firm value. Partially, return on assets, earnings per share have a positive effect on firm value, while firm size has no effect on firm value.

Use Of Indirect Evidence In Disclosure Of Cartel Violations According To Business Competition Law In Indonesia

In cartel evidence, there are two approaches, namely direct evidence and indirect evidence . The Law on Monopolistic Practices and Unfair Business Competition in Indonesia does not yet regulate the use of indirect evidence as evidence to prove the occurrence of a cartel . The ambiguity of this regulation causes legal uncertainty in the use of indirect evidence in the decision of the Business Competition Supervisory Commission (KPPU). This study discusses the use of indirect evidence in disclosing cartel violations according to the Business Competition Law in Indonesia by harmonizing the ideal concept and studying the relevant laws and regulations. The method of normative juridical approach. The research specification is descriptive analysis. Data was collected by using Library Research and analyzed using qualitative juridical . The results of the study indicate that there is an ambiguity in the arrangement of indirect evidence in the case of business competition in Indonesia, namely cartels. Although further regulation has been regulated in KPPU Regulation Number 1 of 2019 concerning Procedures for Handling Cases of Monopolistic Practices and Unfair Business Competition, this has not yet been regulated at the level of law.

Purchase Decision at Hendyh's Brownies Bakery Based on Brand Image and Store Atmosphere

The development of an increasingly modern era has an impact on business competition in Indonesia, especially in the culinary field. This makes entrepreneurs must continue to understand the needs, wants and demands of the market. In the midst of the era of rapid modernization, Hendhy's Brownies Bakery actually experienced a decrease in turnover every month. This research was conducted as a basis to determine the effect of Brand Image and Store Atmosphere on purchasing decisions at Hendhy's Brownies Bakery. The population in this study are customers who have purchased products at Hendhy's Brownies Bakery. The sample in this study amounted to 98 respondents with data collection methods using questionnaires and observation. Multiple linear regression analysis technique was used to determine the effect of the independent variable on the dependent variable. The results of this study indicate that there is a positive and significant influence between brand image and store atmosphere on purchasing decisions at Hendhy's Brownies Bakery. To improve the brand image at Hendhy's Brownies Bakery by maintaining the company's image, product image and consumer image well. And also to improve the store atmosphere is to pay attention to the general exterior, store layout, and good interior display.

Implication of BPJS for Private Health Insurance Marketing and Business Competition in Indonesia

Social security is a constitutional right owned by citizens that must be fulfilled by the state for its citizens in Indonesia. The growth of companies in Indonesia has increased from year to year. One of the service companies that is developing is an insurance company. Lots of private insurance companies are also growing and developing at this time. However, in the midst of competition from insurance companies, there is a new policy from the government. The government policy is one of the state-owned insurance companies, PT. Askes (Persero) changed its name to BPJS which applies to all people. Currently PT. Askes (Persero) changed to BPJS which serves all Indonesian citizens without any difference. The implementation of BPJS in early year 2014, seems to have had an impact on a number of insurance companies. This mandatory program from the government inevitably affects the competitive landscape of the insurance industry in Indonesia, especially private insurance companies that serve health and other private insurance companies. In the end, competition is expected to become a mechanism capable of creating efficiency that functions as a tool to protect consumers and business actors. This study uses a qualitative method, aiming to analyze the development of BPJS, its developments and implications, especially in the world of healthcare insurance business in Indonesia. From healthy insurance business and competition, it is hoped that efficient, effective, and high-quality production will be achieved. So that the ultimate goal of this research is to highlight what are the things that benefit consumers because they are given the opportunity to have a choice of quality products and can buy at competitive prices which tend to be relatively cheap.

Gojek's Strategy to Win the Online Transportation Competition

Research aims: This research aimed to design an effective approach in competing in the digital era, especially in the transportation sector. The approach in question begins with determining specific targets to be achieved, namely identifying Gojek's strengths, weaknesses, opportunities, and threats associated with Grab as its business competition in Indonesia and the targeted market abroad. Design/Methodology/Approach: This research used Pearson Analysis, Porter’s Five Forces and SWOT analysis, using survey data that can describe the decision-making of transportation services (decision tree) to create a TOWS matrix describing Gojek's current internal and external conditions. Research findings: The results revealed that the right bottom-up approach would make it easier for Gojek to address socio-cultural issues in Indonesia. The aspect of ease of use of online applications on Gojek becomes capital influencing good socio-cultural acceptability, and service approaches in the form of tariffs, timeliness of pick-up, and driver cleanliness affect ride-sharing options.Theoretical contribution/Originality: This study examines the use of the right bottom-up approach that will make it easier for Gojek to address socio-cultural issues in Indonesia.Practitioner/Policy implication: Service approaches in the form of tariffs, timeliness of pick-up, and driver cleanliness become a priority of ride-sharing customers.Research limitation/Implication: This research was only conducted in DKI Jakarta, West Java, and Banten.

E-BANKING INTERNAL AND EXTERNAL STIMULI TO IMPROVE E-SATISFACTION AND E-LOYALTY M-BANKING IN INDONESIA

Rapid advances in technology and information have changed Intensity of business competition in Indonesia currently increasing every day. The rapid development of technology and information has had a developmental impact in various fields, including in the field of payment systems in buying and selling transactions known as Mobile Banking or electric money or E-money. E-money is a non-cash payment facility that is widely applied in a number of countries in the world, including Indonesia.Jenius is Banking Reinvented full control in managing life and finances in a simpler, smarter, and safer way, from smartphone.This study aims to determine whether the factors ofPrivacy and Security, Apps Design, Customer Service to E-Banking LoyaltythroughE-Banking Satisfaction. In this study respondents collected were 200 user of Jenius in Surabaya according to the characteristics of respondents using snowball technique. Based on data analysis is that from four proposed hypotheses, all hypotheses are supported.