Indonesia Period Research Articles

The Prediction of Third Party Funds, Interest Rates, and Non-Performing Loans toward Loan To Deposit Ratios and Its Impact on Return on Assets on Commercial Banks in Indonesia

This research aims to analyze the influence of third party funds, Bank Indonesia Certificates, and non-performing loans on return on assets and loan deposit ratio and the effect of loan deposit ratio on return on assets of commercial banks in Indonesia. The sample of this research is commercial bank listed Bursa Efek Indonesia period 2011 - 2015. There are 15 banks that meet the criteria as research samples with assets above IDR 50 Trillion. Hypothesis testing uses path analysis techniques. The results of this research indicate that TPF, BIC and NPL are partially and simultaneously influential and significant to the LDR, while TPF, BIC, NPL simultaneously also have an effect and significant effect on ROA, and LDR affects ROA but is not significant.

PENGARUH EARNING PER SHARE (EPS) DAN PRICE BOOK VALUE (PBV) TERHADAP HARGA SAHAM PADA INDUSTRI RETAIL YANG TERDAFTAR DI BEI PERIODE 2013-2016

The purpose of this studyis to find out how the influence of earnings per share (EPS) and price book value (PBV) simultaneously and parcial to stock prices in retail industry listed on the Stock Exchange Indonesia period 2013-2016. The ojek this analysis is the retail industry listed on the stock exchange indonesia period 2013-2016. Sampel used in this research is as many as 8 retail industry listed on the Stock Exchange Indonesia period 2013-2016. The method used is qualitative and quantitative method. . The analytical tool used in this research is multiple linear regression analysis, the classical assumption test (normality, multicolinearity, hetoroscedasicity, and autocorrelation) and coefficient of determination. Based on the results of multiple linear regression analysis showed the equation Log Y= 2.244 + Log 0,528EPS Log 0,018PBV + e , with F test value of 5,153. Value t test for earning per share (EPS) of 3,159 and the value of T test for price book value (PBV) of 0,113. Rated R Square 26,2%, while the remaining 73,8% explained other factors beyond the study models. And the R value of 0,512. The conclusion of this research indicates that simultaneously independent variable earnings per share (EPS) and price book value (PBV) have an effect on stock price variable. The parcial price (PBV) has no significant effect on stock price dependent and earnings per share (EPS) have a significant effect on stock price variables.

ANALISIS PENGARUH INFLASI, BI RATE, NILAI TUKAR KURS, INDEKS HANG SENG DAN INDEKS DOW JONES TERHADAP RETURN SAHAM (STUDI EMPIRIS PT. SEMEN INDONESIA PERIODE 2009-2016)

<span style="font-family: CIDFont+F7; font-size: 10pt; color: #000000; font-style: normal; font-variant: normal;"><em>This study aims to provide empirical evidence of partial or simultaneous influence</em><span style="font-family: CIDFont+F7; font-size: 10pt; color: #000000; font-style: normal; font-variant: normal;"><em> between Inflation, BI Rate, Exchange Rate, Hang Seng Index and Dow Jones Index on</em><span style="font-family: CIDFont+F7; font-size: 10pt; color: #000000; font-style: normal; font-variant: normal;"><em> Stock Return (Empirical Study of PT. Semen Indonesia Period 2009-2016). The type of</em><span style="font-family: CIDFont+F7; font-size: 10pt; color: #000000; font-style: normal; font-variant: normal;"><em> research used in this study is quantitative research. Population in this research is PT.</em><span style="font-family: CIDFont+F7; font-size: 10pt; color: #000000; font-style: normal; font-variant: normal;"><em> Semen Indonesia The Period 2009-2016). The number of samples is 32. Data analysis</em><span style="font-family: CIDFont+F7; font-size: 10pt; color: #000000; font-style: normal; font-variant: normal;"><em> used is descriptive statistics, classical assumption test, multiple linear regression, and</em><span style="font-family: CIDFont+F7; font-size: 10pt; color: #000000; font-style: normal; font-variant: normal;"><em> hypothesis test using SPSS version 16.0. The simultaneous test results (F test) of all</em><br /><span style="font-family: CIDFont+F7; font-size: 10pt; color: #000000; font-style: normal; font-variant: normal;"><em>variables Inflation, BI Rate, Exchange Rate, Hang Seng Index and Dow Jones Index</em><span style="font-family: CIDFont+F7; font-size: 10pt; color: #000000; font-style: normal; font-variant: normal;"><em> simultaneously affect the Stock Return of Share of 4.781.</em><br /><span style="font-family: CIDFont+F3; font-size: 10pt; color: #000000; font-style: normal; font-variant: normal;"><strong><em>Keywords: Inflation, BI Rate, Exchange Rate, Hang Seng Index, Dow Jones Index,</em></strong><br /><span style="font-family: CIDFont+F3; font-size: 10pt; color: #000000; font-style: normal; font-variant: normal;"><strong><em>Stock Return.</em></strong></span></span></span></span></span></span></span></span></span></span><br style="font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-align: -webkit-auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px;" /></span>

Lending Growth As A Fiqh Implication Toward Product Development Of Islamic Bank In Indonesia

This study aim to examine the financing growth of Islamic bank in Indonesia with the provisions system and proof that there is a counterclicality and capital smoothing behavior of bank manager, these findings contrast with the results of previous studies on procyclical behavior in loan loss provisions. The objects of this study are Islamic Banks and Islamic Business Unit in Indonesia period of 2000 – 2016. This study specifically estimates a different calculation in every component of discretionary and non-discretionary in Islamic bank financing with the variable control such as, non performance loan/financing, total loan, deposit growth, equity ratio, and total asset. The equation will be tested by using the regression system estimation and the validity tested by Kolmogorov-Smirnov test and Durbin Watson. The result of this study quantitatively proved that there is a pattern of countercyclicality behavior in Islamic bank consistent with compliant Syariah and significantly has positive correlation described by the relation of loan loss provision with the coefficient of GDP growth rate. From this result in accordance with the fiqh platform, for all forms of muamalah is “al ashlu fil mu’amalah illa al-ibahah yadullu daliil ‘alaa tahriimiha” (the origin of everything is allowed unless there is proof that forbid it), which means that by using the theory of fiqh rules the product development of Islamic bank can be done and expanded. The evidence for financing growth is that Islamic bank financing does not depend on the amount of deposit rates, and the coefficient of deposit and financing growth is insignificant and excluded, while the growth of financing and bank capital, GDP, and NPL have a negative and significant correlation. The coefficient of total assets and the growth of financing has a positive and significant correlation that means that Islamic bank managers to be income smoothing behavior.

Analisis Pengaruh NPF, FDR, BOPO, CAR, dan GCG terhadap Kinerja Keuangan Bank Umum Syariah di Indonesia Periode 2013-2017

This study aims to determine the Influence of NPF, FDR, BOPO, CAR, and GCG on Financial Performance of Sharia Commercial Banks in Indonesia Period 2013-2017. This research use quantitative research method with population in this research is all sharia commercial bank in Indonesia period 2013-2017. The total sample is eight of sharia commercial banks, based on purposive sampling method. Data collection is done by library method from journals, articles or literatures that related to required data, and documentation method of annual report and GCG implementation report of sharia public bank in question as well as data from OJK website. The research method used is statistical descriptive test, descriptive test by analyzing GCG through GCG implementation report using content analysis method, classical assumption test, multiple regression test. The results showed that simultaneously NPF, FDR, BOPO, CAR, and GCG variables significantly influence the Financial Performance of Sharia Commercial Banks in Indonesia Period 2013-2017. While the partial variable of NPF has positive effect not significant to ROA, FDR variable has positive effect not significant to ROA, BOPO variable has significant negative effect to ROA, CAR variable has positive effect not significant, and GCG variable has positive effect not significant to ROA of Sharia Commercial Bank in Indonesia 2013-2017 period.

Pengaruh Struktur Aset, Profitabilitas, Operating Leverage Dan Likuiditas Terhadap Struktur Modal Perusahaan Consumer Goods di BEI

Capital structure is counter balance between capital eksternal (long-range) with the self capital. The purpose of this study to determine the effect of asset structure, profitability, operating leverage and likuiditas to capital structure. The measurement this study of capital structure use the long term debt to equity ratio (LTDER). Excelsior mount the presentase LTDER indication that excelsior of debt composition compared to a equity of a company. The study focussed at consumer goods company enlisted in Effect Exchange Indonesia (BEI) Period 2010-2014. Perception amount as much 100 sampel research obtained with the method of nonprobability sampling with the technique of purposive sampling. Analysis technique used in this study is multiple linear regression analysis. The result showed that asset structure and liquidty have a positive effect to capital structure, profitability and operating leverage have a negativity effect to capital structure. 
 Keyword: Capital structure, asset structure, profitability, operating leverage, and liquidity

Women position in marriage: Finding gender relations in novel Indonesia Period of balai pustaka, period of 66, and period of the 70s

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PENGARUH DANA PIHAK KETIGA, MARGIN KEUNTUNGAN, SERTIFIKAT WADIAH BANK INDONESIA, RETURN ON ASSET, DAN NON PERFORMING FINANCING TERHADAP PEMBIAYAAN MURABAHAH PADA BANK SYARIAH MANDIRI DAN BANK MUAMALAT INDONESIA PERIODA 2009-2013

Islamic banks have the same functionality conventional banks as intermediaries of financial services (financial intermediary), has a fundamental duty to collect funds from the public and channeled back to the community in the form of financing facilities. Fund raising is done through savings and investments such, wadiah deposits, savings and time deposits. The distribution of funds is done with some kind of contract as, murabahah, istishna, mudharabah, musyarakah, ijarah, and salam. The purpose of this research is to determine the effect of Third party funds (DPK), profit margin, wadiah certificate of Indonesian Bank (SWBI), return on assets (ROA), and non performing financing (NPF) to murabahah financing. Object in the reserach is Bank Syariah Mandiri and Bank Muamalat Indonesia period 2009-2013. The result of analysis showed by simultan DPK, profit margin, SWBI, ROA, and NPF effect to murabahah financing. Predictive ability of the five variables to financing is 98.7% which is indicated by the amount of adjusted R2 and the rest is influenced by other variables. DPK, and ROA partially positive effect to murabahah financing. SWBI negatively affect to murabahah financing. The profit margin is not a positive influence to murabahah financing and NPF does not negative affect to murabahah financing.

PENGARUH CAPITAL ADEQUACY RATIO (CAR) DAN PENYALURAN KREDIT TERHADAP RETURN ON ASSET (ROA) DENGAN NET INTEREST MARGIN (NIM) SEBAGAI VARIABEL INTERVENING (Studi Pada Bank Umum Yang Terdaftar Di BEI Periode Tahun 2012-2016)

The purpose of this study is to know, test and analyze that the CAR and Distribution of Credit affect the ROA with intervening variable NIM.The scope of research used is Commercial Banks in Indonesia listed on the BEI period 2012-2016. The number of samples in this study amounted to 9 Commercial Banks in Indonesia period 2012-2016. The analysis results show that (1) CAR has positive but not significant effect on NIM. (2) Lending has positive but not significant effect on NIM. (3) CAR has negative but not significant effect on ROA. (4) Lending has a positive and significant impact on ROA. (5) NIM has a positive and significant effect on ROA. (7) Together (simultaneously) the CAR, Credit and NIM have a significant effect on ROA. (8) The indirect effect of CAR on ROA through NIM is higher than through the direct effect of CAR on ROA. (9) Direct influence The channeling of credit to ROA is higher than through the indirect effect of Lending on ROA through NIM. (10) The most dominant influence is direct influence, because the value of direct influence through higher than the indirect effect (intervening). (11) Based on the calculation of the coefficient of determination (R2) of 0.515 this means that the ROA can be explained by the variable CAR, Lending and NIM of 51.5% and the remaining 48.5% described other variables outside the research model for example DPK, LDR and BOPO.Keywords: CAR, LENDING, NIM, ROA.

Determinants of Profit Distribution Management

This study aims to examine the effect of capital adequacy, effectiveness of third party funds, financing risk and the proportion of third party funds to profit distribution management in sharia banking in Indonesia period 2013-2016. The sample in this study is the Sharia Commercial Bank (BUS) which publishes quarterly financial reports in the period 2013-2016, which is listed in Bank Indonesia (BI) and the financial services authority (OJK). The data in this research is analyzed using multiple regression analysis method with IBM SPSS 23 software. The result of the research shows that the effectiveness variable of third party fund and the proportion of third party fund have significant effect to Profit distribution management. Meanwhile, the variable of capital adequacy and financing risk do not have influence to profit distribution management.

Gerakan Sosial Keagamaan Nahdlatul Ulama Pada Masa Kebangkitan Nasional

Some social analysts regard that religious extention as social phenomena was replaced by technology. It is a instrument to legitimate a lower class or group that no having power by way of alienation process. But religion is one aspect of culture that is infortant in social reality. It could influence social system or it could be influenced the other aspect thruought values, morals or ethics. Nahdlatul Ulama (NU) as phenomena of religious organization, that rised at national awakining period in Indonesia, do religious movement through some social roles or functions. The founding of NU could be realized as a religious movement by way oftheory‟s social movement from Sidney Tarrow and Sartono Kartodirdjo. Result of analysis indicate that the rising of Nahdlatul Ulama is a religious movement, because this oraganization is not only has colletive challenge, common purpose, social solidarity and sustained interaction, but has messinaistic, messinaistic, millenaristic, nativistic, holy war, protec to loval culture, megico-mysticism andappreciate to ancestors.

ANALISIS SENSITIVITAS MAKRO EKONOMI TERHADAP PROFITABILITAS BANK MUAMALAT INDONESIA

Abstract: This study attempts to assess variable influence macroeconomic that is represented exchange rates, inflation and interest rates to profitability represented ROA and ROE PT. Bank muamalat Indonesia, Tbk period of 2008 until 2015. The Objects research is the bank muamalat Indonesia. An analysis of data using multiple linear regression on the SPSS 23.0 version. The research suggests that simultaneously variables macroeconomic is not affect on ROA and ROE Bank Muamalat Indonesia period of 2008 until 2015. A partial only variable inflation significant negative on ROA and ROE PT. Bank Muamalat Indonesia, Tbk while variable exchange rates and interest rates is not affect on ROA and ROE Bank Muamalat Indonesia.

DETERMINAN STRUKTUR MODAL BADAN USAHA MILIK NEGARA DI INDONESIA

The objectives of this research are to examine the effect of Firm Size, Growth Opportunity, Business Risk and Investment Opportunity Set influence simultaneously and partially on Capital Structure.Research conducted at the State-Owned Enterprises that listed on the Bursa Efek Indonesia period 2011-2015. The research population was 20 companies, with the sample of 17 companies with sampling using purposive sampling technique. The analytical method used is the factor analysis method and multiple linear regression analysis, which perviously tested with the classical assumption. The results showed that the Firms Size, Growth Opportunity, Business Risk, and the Investment Opportunity Set influence simultaneous on the Capital Structure.The research also revealed that, Firm Size influence positive significant, Growth Opportunity and Business Risk has no significant effect on Capital Structure, and Investment Opportunity Set influence negative significant on the Capital Structure. On the other hand, R-Square value amnounted at 57,6%, it’s mean that 57,6% movement of Capital Structure can be predicted from the movement of the four independent variables. Keyword : Capital Structure, Business Risk, Investment Opportunity Set

PENGUIN TINGKAT BAGI HASIL DAN UKURAN BANK TERHADAP JUMLAH SIMPANAN DEPOSITOMUDHARABAH PADA BANK UMUMSYARIAH DI INDONESIA

This study aimed to determine the effect of Profit Sharing Rate and The Size of the Bank together and partially to the Mudharabah Total Deposits in Islamic Bank in Indonesia period of 2013-2015. The Object of this study is Islamic Banks in Indonesia. The variables used in this study is Profit Sharing Rate and The Size of the Bank together and Mudharabah Total Deposits. Data analysis method used is Multiple Linear Regression. The results showed that the variable level of revenue sharing and the size of the bank jointly significant effect on the amount of savings deposits mudharabah. While predominantly known to the variable size of the bank which significantly affect the amount of savings deposits mudharabah. Implications of the study is that if the bank size increases, the greater the amount of savings bank deposits mudharabah obtained, so that the size of the banks may be determinant variables an investor in making an investment decision. Keywords : Profit Sharing Rate, The Size of Bank, and Mudharabah Deposits.

Analisis Faktor Eksternal dan Internal Bank terhadap Risiko Pembiayaan Bank Umum Syariah di Indonesia Periode 2012-2015

The purpose of this research was to determine effect of growth gross domestic product, inflation, exchange rate, capital adequacy ratio, return on assets, operating expenses to operating revenues and bank size on financing risk (NPF) of Sharia Banks period 2012-2015. The data that use in this research is the secondary data, that is financial statement of Sharia Banks in Indonesia period 2012-2015. The sampling method that used in this research are purposive sampling and data analysis model used is the multiple linear regression analysis. The result of this research show that simultaneous each external and internal bank factor have influence on the NPF. But partially, showed that eksternal factor, namely growth gross domestic product, inflation and exchange rate have no influence on the NPF. While from the internal bank showed capital adequacy ratio and operating expenses to operating revenues have no influence, return on assets have a negative influence and bank size have a positive influence on the NPF.

PEMANFAATAN LIMBAH KAKAO SEBAGAI PAKAN TERNAK KAMBING

Feed is the main component in livestock industry, and contributes 70% of the total farming cost. Agriculture by-product is one of the alternative feed ingredients for goat feed. The width of cocoa estates in Indonesia in period 2003-2007 shows the highest improvements (43,5 %) than other commodity estates, thus cocoa estates have integrated prospect with livestock industry. Cocoa husk is the most waste of cocoa (73,77 %) and contains raw protein and energy which is not too different with kinggrass, so can substitute green feed more than half. The potential of livestock integrated with the cocoa estates ha a good prospect on the public estate’s development. Cocoa estate has a good prospect to support the integrated with goat farming, however it need s a real concept of the integrated program that work sustainable. The potency of cocoa estate has carrying capacity of 6.05 head goats for 1 hectare area. This is based on the need of the feed from cocoahusk of 1.5 kg/head/day.Keywords : cocoa waste, goat feed

Analisis Pengaruh Rasio Early Warning System Terhadap Financial Solvency Pada Perusahaan Asuransi Jiwa Syariah Di Indonesia

This study aims to examine the influence of the Early Warning System ratio which consist of surplus change ratio, claim load ratio, cost management ratio, liquidity ratio and premium growth ratio to financial solvency of sharia life insurance company in Indonesia period 2012 - 2016. The data used are secondary data obtained from the website of Asosiasi Asuransi Syariah Indonesia ( AASI ). Sampling technique used in this research is purposive sampling. The sample used in this research is 10 sharia life insurance companies . Hypothesis testing by using multiple linear regression analysis. The results of this study prove that financial solvency at the sharia fairyde 2012 - 2016, with an average value of 507.68% with a minimum financial solvency of 126.83 % and a maximum value of 2447.50 %. The variables that affect the financial solvency in this period of research are the ratio of claims expense and liquidity ratio which shows the negative and significant influence. Surplus change ratios, management expense ratios, the ratio of premium growth proved to be no significant effect on financial solvency . The ratio of Early Warning System in this study proved to have an effect on the financial solvency at the predictive ability level of 25.5% as shown in the adjusted R square value. Other variables not found in this research have influence to financial solvency equal to 74,5%.

PENGARUH LIKUIDITAS DAN PROFITABILITAS TERHADAP RETURN SAHAM

This study aims to determine the influence of liquidity ratio and profitability on stock return in the food and beverage companies that listed in Bursa efek Indonesia period 2014-2016. The type of this research is explanatory research with quantitative approach. Population in this research is food and beverages companies listed in Indonesia stock Exchange .Samples were collected by purposive sampling method amounted to 14 companies. The method of analysis used is multiple linear regression analysis method by using SPSS software version 18. The results of this study showed that current ratio and net profit margin negative effect on stock returns, while the quick ratio and return on equity has a positive effect on stock return. Keyword : Current Ratio (CR), Quick Ratio (QR), Net Profit Margin (NPM), Return On Equity (ROE), dan Return Saham.

The Impacts of Fiscal Decentralization, Institutional Transformation, and Regional Revenue on Income Disparities between Provinces in Indonesia

This study aims to determine the impacts of fiscal decentralization, institutional transformation, and regional revenue to the income disparity among the provinces in Indonesia. This study uses panel data with the number of runs 528 pieces of data that includes 33 provinces in Indonesia period 2000-2015. The data were taken from the Central Bureau of Statistics (BPS) and Bank Indonesia. They were analyzed using a multiple linear regression analysis. The results show that tax revenue sharing fund and natural resources revenue sharing fund impact positive and significant on the income disparity among the provinces in Indonesia, while the general allocation fund, special allocation fund, institutional transformation, and the local revenue do not significantly affect the income disparity among the provinces in Indonesia. Tax and natural resources revenue sharing fund are actually exacerbating the gap of income distribution among regions in Indonesia. The implication of this study is that the government needs to review the allocation mechanism of General Allocation Fund, Special Allocation Fund, Tax Revenue Sharing Fund and Natural Resources Revenue Sharing Fund in order to serve as an instrument of fiscal capacity equalization of each region as well income distribution equalization among regions in Indonesia. The local government needs to continue improving the local revenue through the optimization of local tax revenue, regional retribution, profits of Regional Owned Enterprises, and other legitimate acceptances.

Architectural Style Application of Mayor Office’s and Ria Cinema’s Building in Pematangsiantar

The development of architecture in Indonesia cannot be separated from foreign countries; we can see from the many forms of buildings in Indonesia that adopted the overseas architectural styles, one of them is Dutch Colonial Architecture Style. Pematangsiantar is one of the city that got influence from Dutch Colonial in architecture. The Building of The Mayor Office and the Ria Cinema is including the building of the colony’s historical relics around The H. Adam Malik Park Pematangsiantar that applied The Dutch Colonial Architectural Style. This research reviewed the application of Dutch
 Colonial Architectural Style in Indonesia in the building of The Mayor Office and Ria Cinema in Pematangsiantar. This research used the descriptive qualitative method that is, the data generated through direct observation of the object research and conduct literature study by studied the results of research and books related to Dutch Colonial Architecture Style in Indonesia. The results showed that the building of The Mayor Office in 1920, Pematangsiantar dominantly applied The Dutch Colonial Architectural Style in Indonesia in
 Period of 1800s-1902, Ria Cinema Pematangsiantar dominantly applied The Dutch Colonial Architectural Style in Indonesia in Period of 1920s-1940s.