Mugaahed Saleh
Department of Management Studies and Research, Kuvempu University, Shimoga, Karnataka, India

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

Exploring the Drivers of Poverty: A Comprehensive Review of Influential Factors Ni Nengah Yuni Widya Pratiwi; Bala Ram Acharya; Abdulbasit Kolapo Imam; Tamara Franchuk; Ngwang Ngoongeh Norbert; Ranj Tahir Abdullah; Mugaahed Saleh
Indonesian Development Economics and Localities Vol. 1 No. 1 (2025): January-June
Publisher : Future Techno-Science

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59535/wxtcvm44

Abstract

Poverty remains a complex and profound issue impacting both individual well-being and national economic development. In Indonesia, despite numerous initiatives by the government, academia, and non-governmental organizations, poverty persists at significant levels. This literature review aims to provide a comprehensive analysis of the factors influencing poverty rates in Indonesia. Key factors identified include population growth, education, and minimum wages. Population growth can exacerbate poverty if not matched by economic and social support. Education plays a crucial role in enhancing skills and employment opportunities, thereby alleviating poverty. Minimum wages are also pivotal in ensuring that workers can meet their basic needs. This review synthesizes findings from various studies to offer insights into how these factors interact and influence poverty levels. A thorough understanding of these dynamics is essential for developing more effective and sustainable poverty alleviation strategies. The methodology employed is a literature review, which systematically evaluates existing research to identify patterns, gaps, and potential solutions for addressing poverty in Indonesia.
Economic Growth as a Boundary Condition for the Valuation Relevance of Bank Financial Ratios in Indonesia Nadya Ariana Dewi; Ardiani Nur Hidayati; Bala Ram Acharya; Mugaahed Saleh
Economy and Finance Enthusiastic Vol. 4 No. 1 (2026): January-June
Publisher : Tinta Emas Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59535/efe.v4i1.709

Abstract

Investors may interpret bank financial ratios differently as the economy moves from expansion to contraction and recovery. This study examines the associations of net interest margin (NIM), return on assets (ROA), loan-to-deposit ratio (LDR), capital adequacy ratio (CAR), and non-performing loans (NPL) with year-end stock prices and evaluates whether gross domestic product (GDP) growth changes these relationships. A balanced panel of 27 banks listed on the Indonesia Stock Exchange from 2018 to 2022 yields 135 bank-year observations. Mean-centered interaction regression is employed. NIM and ROA are positively associated with stock prices, whereas NPL is negatively associated. LDR and CAR have no statistically significant direct association. Of the five interactions, only the LDR-GDP growth interaction is positive and significant, indicating that the market values credit deployment more strongly when the economy has greater capacity to absorb financing. GDP growth does not significantly condition the associations of NIM, ROA, CAR, or NPL with stock prices. The model explains 36.5% of stock-price variation (adjusted R² = 32.1%). These findings identify intermediation liquidity as the bank signal most sensitive to the growth cycle and show why bank ratios should not be interpreted uniformly across macroeconomic conditions.