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Penerapan Bootstrap Financing : Sebuah Tinjauan Teoritis Tommy C. Efrata; Christian Herdinata
BIP's JURNAL BISNIS PERSPEKTIF Vol 5 No 1 (2013): Januari
Publisher : Fakultas Ekonomi Universitas Katolik Darma Cendika

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (315.215 KB) | DOI: 10.37477/bip.v5i1.123

Abstract

Bootstrap financing methods commonly used as an alternative to access a capital, since the conventional access of capitalis limited for small and medium firms in Indonesia.This study aims to explain the application of bootstrap financing for small and medium-sized firms in getting access to capital. Subjects used in this study are 67 owners of small and medium firms in Surabaya. The method used is descriptive qualitative. The results of this study indicate that for the method loan from the owner, instrument using personal credit card is the most frequent one. On the other hand, for the method funding from family, borrowing from family and friends is the most common instrument.
Pengaruh Managerial Ownership Dan Institutional Ownership Terhadap Leverage : Sebuah Tinjauan Teoritis Christian Herdinata
BIP's JURNAL BISNIS PERSPEKTIF Vol 5 No 2 (2013): Juli
Publisher : Fakultas Ekonomi Universitas Katolik Darma Cendika

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (836.179 KB) | DOI: 10.37477/bip.v5i2.130

Abstract

This study aims to examine how the effect of managerial ownership and institutional ownership to leverage the company's policy in Indonesia using research literature review. According to analysis carried out showed that managerial ownership and institutional ownership has an influence on leverage, so the company must pay attention to the influence that mav result from managerial ownership and institutional ownership in the company in lndonesia.
Agency Theory Dalam Keputusan Keuangan: Sebuah Tinjauan Teoritis Christian Herdinata
BIP's JURNAL BISNIS PERSPEKTIF Vol 4 No 1 (2012): Januari
Publisher : Fakultas Ekonomi Universitas Katolik Darma Cendika

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (243.866 KB) | DOI: 10.37477/bip.v4i1.141

Abstract

Agency Theory bases its contractual relationships between principals and agents. Principal is the party that mandates the agency to act on behalf of the principal, while the agent is given the assignment by the principal to run the company. This study explains more about the agency theory in financial decision. Themanagement (agents )in performing the operation should give priority to the interests of the owner of the company by increasing the prosperity of the shareholders, but management will often have different interests with shareholder interests, giving rise to conflicts of interest between management and shareholders. Therefore, the necessary mechanisms to control agency conflicts that occur: first, increase company stock ownership by management and secondly,increased financing with debt; third, with monitoring by institutional investors, and the fourth, Dividend Payout Ratio via increased (DPR) or the ratio of dividends to net income are thus not enough free cash flow and forced to mancari management of external funding to finance its investment.
Pengaruh Financial Restructuring Terhadap Bondholder Wealth: Sebuah Tinjauan Teoritis Christian Herdinata
BIP's JURNAL BISNIS PERSPEKTIF Vol 4 No 2 (2012): Juli
Publisher : Fakultas Ekonomi Universitas Katolik Darma Cendika

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (495.707 KB) | DOI: 10.37477/bip.v4i2.149

Abstract

Many of the spectacular surge in the restructuring of companies around the world. Restructuring activities largely focused on improving the efficiency of companies through financial restructuring. Financial restructuring of the view that the decision may lead to redistribution of wealth between shareholders andcreditors (bondholder) has been widely discussed since the Black and Scholes (1973), but the change in capital structure as a result of financial restructuring affects bondholder wealth has not been much discussed. Financial restructuring that occurs through changes incorporate capital structure, for example: leveragedbuy-out (LBO), leveraged recapitalizations (LRs), buy back shares, or employee stock ownership plans (ESOPs) that affect the wealth of bondholders to be interesting to study. The expected outcome of this research is to give a comprehensive overview of a theoretical and empirical review of how financial restructuring affects bondholder wealth.
Reliability, Conformance Dan Perceived Quality Dalam Meningkatkan Kualitas Produk Erwin Setiawan; Christian Herdinata
BIP's JURNAL BISNIS PERSPEKTIF Vol 7 No 1 (2015): Januari
Publisher : Fakultas Ekonomi Universitas Katolik Darma Cendika

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (278.798 KB) | DOI: 10.37477/bip.v7i1.267

Abstract

This research aims to increase the dimensions of reliability, suitability, and the impression of quality in an effort to improve the quality of fish fillet products STB. The object of this research is Sumber Tujuh Berkat company. The subjects of this research are customers, similar companies, experts, and the owner. Using purposive sampling, seven informants chosen by researchers as informants. Primary data are taken based on the results of depth interviews and documentation to the informants. Secondary data is taken from STB’s company data, reference books, journals, and the Internet that can support this research. The data collection techniques used are in depth interview and documentation. In testing the validity of the data, the researcher uses triangulation techniques. The triangulation used is source triangulation. The sources used are customers, similar companies, experts, and STB’s owner. The result of this study is how to improve the quality of fish fillet STB’s products. This improvement was made on the dimensions of reliability, conformance, and the perceived quality of fish fillet STB’s products. The way to do is training the employees regarding the filleting process which is true to the knowledge of experts, STB need to replace old equipment with a fish fillet special equipment, STB need to cooperate to fish breeder so the materials purchased has a uniform size and weight, and STB needs to get permission from BPOM to impress the product quality can be improved in the eyes of consumers.
Hubungan Antara Struktur Kepemilikan, Corporate Governance, dan Nilai Perusahaan: Suatu Kajian Konseptual Christian Herdinata
BIP's JURNAL BISNIS PERSPEKTIF Vol 3 No 2 (2011): Juli
Publisher : Fakultas Ekonomi Universitas Katolik Darma Cendika

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (220.369 KB) | DOI: 10.37477/bip.v3i2.288

Abstract

This research is a study koseptual studying relation between practice of corporategovernance and company value where related to wedge(control rights - cash flowrights). Besides, studies relation between ownership of stock by the side ofstrangers foreigners but Indonesia original(ATI) and ownership of stock by theside of strangers foreigners non-Indonesia(ANI)to company value and practiceof corporate governance. Based on review literature from former research andbased on critical idea it is indicated that ownership structure hardly influencesrelation between practice of corporate governance and company value. Besides,to know relation between ATI and ANI with company value it is indicated thatownership of stock ATI will had lower influence to company value if it iscompared to ownership of stock ANI. Side other, to know the relation of ATI andANI with corporate governance, indicated ownership of stock ATI to have lowermotivation than ownership of stock ANI to execute practice of corporategovernance carefully.
Hubungan antara Bank umum dan Microfinance dalam Alokasi Kredit pada Usaha Mikro, Kecil dan Menengah (UMKM) Christian Herdinata
Jurnal Riset Manajemen dan Bisnis Vol 3, No 2 (2008): Jurnal Riset Manjemen dan Bisnis
Publisher : Fakultas Bisnis UKDW

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21460/jrmb.2008.32.205

Abstract

Small Medium Enterprises (sl"frg always complain about the rigidity of entrance (accessibility) of *ternal funds especially from banking. Economics rqtort of Indonesia done by the Indonesia Bonk noted thot the LDR ratio of the commercial banb in the yem of 2007 showed that the number was for under 100%, i.e. 69.2%o, while the rotio of LDR of BPRwas more than t00ok, i.e. 109.73%. Thisfact aplained that the publicfund mustered by the commercial bank sfill remained to be able to be channeled in credit, while BpR has gone beyondfunds which ought to be channeled in theform of credit. This indiccted that itfailed in allocation of credit. Therefore, this research, which was based on critical revievrt of literature and idea, indicoted that the business scale determined the pattem of the relationship of microfinance otd thefunction of intermediation *periences failed in fficiently *ecuting allocation of credit.  Therefore, constructing a relatiowhip between the commercial bank and mierofinance and sMEs was badly needed, not to irwite a.rymmetries ofinformafion but to effrcient$t allocate the credit.Keywords: Small Medium Enterprises (SMEs), allocation of credit, ratio of LDR
Pengaruh Product Knowledge Dan Price Terhadap Keputusan Pembelian Konsumen Pada Produk The Capital Erni Saputri Halim; Christian Herdinata
BIP's JURNAL BISNIS PERSPEKTIF Vol 9 No 1 (2017): Januari
Publisher : Fakultas Ekonomi Universitas Katolik Darma Cendika

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (312.397 KB) | DOI: 10.37477/bip.v9i1.40

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The purpose of this research is to identify the influence of product knowledge and price on the customer purchasing decision of product The Capital. The population of this study is all consumers of product The Capital. Convenience Sampling is used to select 45 samples. This study also uses quantitative methods. SPSS 16.0 is used as quantitative data analysis tool.Quantitative research results show that Product Knowledge and Price significantly influence the Customer Purchasing Decision of The Capital. The significant influence show that consumer with higher product knowledge will increase potential of purchasing decision of products The Capital.
Kebijakan Dan Strategi Pengelolaan Manajemen Modal Kerja Christian Herdinata; Cliff Kohardinata; Meidiahna Kusuma
BIP's JURNAL BISNIS PERSPEKTIF Vol 9 No 2 (2017): Juli
Publisher : Fakultas Ekonomi Universitas Katolik Darma Cendika

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (426.468 KB) | DOI: 10.37477/bip.v9i2.45

Abstract

Working capital (capital) ie cash, accounts receivable, inventory. Companies follow a working capital cycle. Some things related to this are: (1) the cash conversion cycle is how much time the funds are tied up in working capital or how much time between the payment for working capital and cash collection from the sale of working capital (Brigham and Houston, 2014 ); (2) the average collection period is the average time required to convert raw materials into finished goods and sell them (Brigham and Houston, 2014); (3) the average collection period is the average time required to change a company's receivables into cash or to collect cash after a sale; (4) the payable period (payables deferral period) is the average time between the purchase of raw materials and labor with cash payments. The results of this study explain the strategies and policies that can be used in medium-sized businesses.
Pengaruh E-Trust Dan Perceived Value Terhadap Repurchase Intention Pada E-Commerce Shopee Audrey Amadea; Christian Herdinata
BIP's JURNAL BISNIS PERSPEKTIF Vol 14 No 2 (2022): Juli
Publisher : Fakultas Ekonomi Universitas Katolik Darma Cendika

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (341.212 KB) | DOI: 10.37477/bip.v14i2.354

Abstract

Electronic Commerce (e-commerce) is a transaction of buying and selling goods or services carried out between companies, households, individuals, governments and communities or other organizations that is carried out online. Consumer confidence in using e-commerce has increased from year to year. This can be seen from the increasing number of visits and transaction value. The increase in the number of visits and transactions that occurred during the pandemic led to an increase in consumer complaints in the e-commerce sector. The increasing number of transactions made online requires e-commerce companies to pay attention to several factors that can affect customer repurchase intention. Repurchase intention is an important factor for a company to be able to increase sales. In increasing customer repurchase intention, there are several influential variables, namely e-trust and perceived value variables. This study aims to determine the effect of e-trust and perceived value on repurchase intention in e-commerce Shopee. The population of this study are Shopee users. The sample in this study was taken using purposive sampling method as many as 120 respondents. The criteria used in this study include: (1) Shopee users aged 17 to 65 years; (2) Consumers who have made purchases at Shopee at least 10 times in the last 1 year, from April 2021 to March 2022. This study uses multiple linear regression analysis techniques. The results showed that e-trust had a significant effect on repurchase intention. These results indicate that the higher the e-trust perceived by the customer, the more often the customer will repurchas e intention on Shopee's e-commerce. The results of this study also show that perceived value has a significant effect on repurchase intention in Shopee e-commerce. This significant effect shows that if the customer feels and gets the benefits in accordance with expectations, the customer will repurchase intention.