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THE ANALYSIS OF FINANCIAL PERFORMANCE BETWEEN THE MARKET DOMINATING STATE OWNED BANKS AND THE BIG PRIVATE BANKS Landjang, Xenia I. S.; Tasik, Hizkia H. D.
Jurnal EMBA : Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi Vol 5, No 3 (2017): JE VOL 5 NO 3 (2017) HAL 4365
Publisher : Universitas Sam Ratulangi

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (488.076 KB) | DOI: 10.35794/emba.v5i3.18627

Abstract

Abstract: There are 117 commercial banks in Indonesian market. According to InfoBankNews.com, the state-owned banks dominated 41.10% of the market based on total assets. This research aims to investigate the financial reasons behind the market domination of the first 4 state-owned banks. This study also makes a comparison to the financial indicators of 4 largest private banks. Panel data regression with fixed effect model is used in this research. The result shows that NPL is one of the underlying reasons behind the domination of the state-owned banks where private banks’ NPL is 3.3 times higher than the state-owned banks’ NPL. Lower NPL in state-owned banks may shed some light on the domination of market share. So, the private banks should decrease the NPL ratio in order to increase their market share.Keywords: financial Performance, non performing loans (NPL), market share, total assets.
THE INFLUENCE OF SUPPLIER RELATIONSHIP MANAGEMENT TOWARD BUSINESS PERFOMANCE OF SMES IN MANADO Tundunaung, Anatya G. C.; Tumbuan, Willem J. F. A.; Tasik, Hizkia H. D.
Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi Vol 9, No 1 (2021): JE VOL 9 NO 1 (2021)
Publisher : FEB Universitas Sam Ratulangi Manado

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (795.838 KB) | DOI: 10.35794/emba.v9i1.31986

Abstract

Supplier Relationship Management offers lots of advantages. Implementing this system will eventually lead to different types of challenges, such as finding the right vendors or suppliers with good capabilities, having executive sponsorship, and creating business cases. Implementing this type of management also needs to be followed by requirements that can make or break the system's effectiveness. The purpose of this study is to find out whether the components of Supplier Relationship Management such as information sharing, joint activity, and trust-based relationship affect the business performance of Small and Medium Enterprises in Manado. This study uses a quantitative method and ordinal regression analysis as a tool to analyze the data. This study's findings show that information sharing, joint activity, and trust-based relationships significantly affect business performance. From the results, SME owners can make several improvements, such as focusing on aspects that influence business performance, implementing electronic data interchange, and maintaining trust-based relationships towards suppliers.  Keywords: supplier relationship management, information sharing, joint activity, trust-based relationship, business performance 
ANALISIS REAKSI PASAR MODAL INDONESIA TERHADAP KRISIS FINANSIAL GLOBAL (STUDI KASUS CHINA’S BLACK MONDAY) Pondaag, Gracia R. M.; Mangantar, Maryam M.; Tasik, Hizkia H. D.
JMBI UNSRAT (Jurnal Ilmiah Manajemen Bisnis dan Inovasi Universitas Sam Ratulangi). Vol 7, No 2 (2020): JMBI UNSRAT Volume 7 Nomor 2
Publisher : FEB Universitas Sam Ratulangi Manado

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35794/jmbi.v7i2.30270

Abstract

Abstract: This research is an empirical study that aims to analyze whether there are differences in abnormal return and trading volume activity with the occurrence of global financial crisis (China’s black Monday) from various industry sector companies incorporated in the Indonesia Stock Exchange (IDX). This study uses event study methods and statistical analysis tools paired sample t-test. August 24, 2015 was chosen as the date of the event (event date) and the observation window for 29 days consisted of 14 days before the event date and 14 days after the event date. The sample in this study consisted of 40 companies of various industrial sectors which are members of the Indonesia Stock Exchange (IDX). The results showed that China’s Black Monday made a difference to the abnormal return and trading volume activity before and after the event.Keywords : Abnormal Return, Trading Volume Activity   
ANALISIS SPILLOVER TERHADAP INDIKATOR KINERJA KEUANGAN EMITEN DI LQ45 DAN EMITEN DI LUAR LQ45 KHUSUSNYA PADA SEKTOR PLANTATION, FOOD AND BEVERAGES DAN COSMETICS AND HOUSEHOLD Torba, Evalyn O.; Tasik, Hizkia H. D.
Jurnal EMBA : Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi Vol 10, No 1 (2022): JE. Vol 10 No 1 (2022)
Publisher : Universitas Sam Ratulangi

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (581.311 KB) | DOI: 10.35794/emba.v10i1.38286

Abstract

Indeks LQ45 merupakan salah satu indeks yang ada di Bursa Efek Indonesia yang terdiri dari 45 emiten dengan likuiditas yang tinggi dengan kriteria yang sudah ditentukan. Setiap 6 bulan sekali tepatnya pada bulan Februari-Juli dan bulan Agustus-Januari terjadi pergantian saham yang sudah masuk di indeks LQ45, dimana saham yang kinerjanya menurun akan dikeluarkan dari indeks LQ45 dan diganti oleh saham yang meningkat kinerjanya dengan kriteria dan kententuan yang dikeluarkan oleh bursa efek indonesia untuk masuk indeks LQ45. Penelitian ini menggunakan jenis data kuantitatif. Sumber data dalam penelitian ini adalah data sekunder. Metode analisis yang digunakan adalah analisis regresi data panel. Hasil penelitian ini menunjukan bahwa variabel earning per share beperngaruh signifikan dan paling konsisten sehingga terdapat information spillover pada earning per share. Dari hasil penelitian ini menjadi saran agar setiap perusahaan lebih memperhatikan faktor internal yaitu kinerja keuangan agar lebih banyak menarik investor untuk berinvestasi. Kata Kunci: Spillover Effect, Return On Asset, Price to Book Value, Earning Per Share, Kapitalisasi Pasar, Volume Perdagangan
UNLOCKING THE QRIS IMPACT: AN ANALYSIS OF MOBILE PAYMENT AMONG MSMEs USING TECHNOLOGY ACCEPTANCE MODEL (TAM) Lolowang, Tirza; Tasik, Hizkia H. D.; Gunawan, Emilia M.
Jurnal EMBA : Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi Vol. 12 No. 4 (2024): JE. VOL 12 NO 4. 2024
Publisher : Universitas Sam Ratulangi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35794/emba.v12i4.59378

Abstract

The rapid digitalization of Indonesia’s payment systems has introduced QRIS (Quick Response Code Indonesian Standard) to facilitate cashless transactions among Micro, Small, and Medium Enterprises (MSMEs). This study investigates QRIS acceptance among MSMEs in Manado, North Sulawesi, using the Technology Acceptance Model (TAM). Key factors: perceived usefulness, perceived ease of use, and attitude toward use, were analyzed for their impact on behavioral intention to adopt QRIS. Data from 100 MSMEs was analyzed with STATA 17 and SmartPLS 4 software. Findings reveal that perceived usefulness significantly influences attitude (path coefficient = 0.642, t-statistic = 5.832, p-value = 0.000), while perceived ease of use has a strong positive impact on attitude (path coefficient = 0.944, t-statistic = 105.206). The influence of perceived ease of use on perceived usefulness is weaker, suggesting external factors like experience and accessibility may affect this relationship. Attitude toward use significantly shapes the intention to adopt QRIS (path coefficient = 0.857, t-statistic = 33.542). The study underscores the role of user-friendly solutions in enhancing digital financial inclusion among MSMEs. Future research should consider factors like social influence and trust to deepen understanding of technology adoption across diverse users. This research contributes to mobile payment studies in developing economies, offering insights for policymakers and practitioners supporting MSME digitalization.