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ANALISIS PENGUKURAN RESIKO PADA PENYALURAN PEMBIAYAAN ANGGOTA KOPERASI MELALUI KOPERASI KARYAWAN (KOPKAR) SEBAGAI EXECUTING AGENT: STUDI KASUS PT. BANK MUAMALAT INDONESIA CABANG BOGOR Pangestuti, Rinda Siaga
MASLAHAH (Jurnal Hukum Islam dan Perbankan Syariah) Vol 9 No 1 (2018): Maslahah : Jurnal Hukum Islam dan Perbankan Syariah
Publisher : Program Studi Ahwal al-Syakhshiyyah dan Perbankan Syariah Fakultas Agama Islam Universitas Islam "45" Bekasi

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (269.147 KB) | DOI: 10.33558/maslahah.v9i1.1476

Abstract

This study aims to measure the risk of distributing cooperative membersfinancing through Employee Cooperative (Kopkar) as executing agent at MuamalatBank Indonesia (BMI), Bogor branch. The contribution of this research lies in: 1)Strategy to overcome operational, credit, strategic, liquidity, and legal risks for thedistribution of cooperative member financing; 2) Analysis of expected loss andunexpected loss in member financing portfolio of cooperatives; 3) Analysis ofeconomic capital values that must be provided by BMI Bogor branch to coverunexpected loss; 4) The fit model analysis of CreditRisk+ in measuring the financingrisk of cooperative members using the Poisson distribution model. The dataprocessing method uses CreditRisk+ model based on Credit Suisse Financial Product(CFSB) framework. The financing product analyzed is the financing of cooperativemembers. The results of this study are: 1) Operational risk can be overcome byincreasing the fleet of office cars and the number of account officers. Credit risk canbe overcome by tightening the terms of the proposed financing. Strategic risk can beovercome by tightening control over the discipline of installment payments. Liquidityrisk can be overcome by limiting the number of loan accounts on the same mudharib.Legal risks can be overcome by backing up a cessie guarantee with fiducia guarantees;2) The expected value of loss in 2009 is 2,159,808,000 IDR and 2010-2011 is563,119,000 IDR. Unexpected loss value of loss 3,513,600,000 IDR in 2009 and1,054,100,000 IDR in 2010-2011; 3) The value of economic capital in 2009 amountedto 1,353,792,000 IDR and 490,981,000 IDR in the year of 2010-2011; 4) CreditRisk+model is suitable to measure unexpected loss in the financing of cooperative member.
The Impact of CEO characteristics on Stock Crash Price Risk: A Systematic Literature Review Pangestuti, Rinda Siaga; Pujihastuti, Isti
Journal of International Conference Proceedings Vol 7, No 2 (2024): 2024 ICSM Thailand & AIC Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v7i2.3473

Abstract

The purpose of this Systematic Literature Review (SLR) is to determine the effect of CEO characteristics on stock price crash risk in terms of CEO characteristics so that it can be used as a reference for potential future research directions.  This SLR uses ROSES with VOSviewer from reference data accessed on Scopus, ScienceDirect, and Google scholar. The research results in the form of proposed hypotheses that can be used for future research include: H1: CEO physicality has a positive effect on increasing stock price crash risk; H2: CEO psychological conditions affect stock price crash risk; H3: CEO social life affects stock price crash risk; H4: Career affects stock price crash risk; H5: Demographic conditions affect stock price crash risk. The future research can be conducted in developed European countries, the US, or other developing countries, considering that most of these studies are dominated by China. The challenge in this research is access to CEO data that is private or not available on the Thomson Reuters DataStream, Capital IQ, or Bloomberg subscription.
PELATIHAN KEWIRAUSAHAAN UNTUK MENGEMBANGKAN UMKM DESA WIBAWAMULYA Nurfaizi, Rizky; Pangestuti, Rinda Siaga; Qintharah, Yuha Nadhirah
An-Nizam Vol 3 No 2 (2024): An Nizam : Jurnal Bakti Bagi Bangsa
Publisher : Universitas Islam 45 Bekasi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33558/an-nizam.v3i2.8711

Abstract

Entrepreneurship training is training that can train participants in stages to have entrepreneurial and business competencies, train entrepreneurs and the business world, train entrepreneurs to be able to act in establishing a viable business by taking advantage of the opportunities that exist at a certain time. And in certain fields as well as developing human resources capable of creating jobs for themselves and others in accordance with development demands with the aim of creating motivation for participants so that they can improve quality and quantity. An entrepeneur has a role both internally, entrepreuner play a role in reducing the level of dependence on other people, increasing self-confidence and increasing the purchasing power of the perpetrator. Externally, an entrepreuner plays a role in providing job opportunities for job opportunities for seekers. By attacting the workforce through job opportunities provided by entrepreneurs, the national unemployment rate can be reduced. Training can also make Human Resources more critical, creative and have additional skills. Skills are an important component needed in various areas of life. These 21st century skills are life and career skills, learning and innovation skills, and  media and information technology skills
CAN CRYPTOCURRENCY BE A HEDGE DURING CRISIS? A SYSTEMIC RISK POINT OF VIEW Pangestuti, Rinda Siaga
Journal of Management Small and Medium Enterprises (SMEs) Vol 18 No 1 (2025): JOURNAL OF MANAGEMENT Small and Medium Enterprises (SME's)
Publisher : Universitas Nusa Cendana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35508/jom.v18i1.18453

Abstract

This study investigates the hedging possibilities of cryptocurrency assets using a systemic risk estimation approach during the COVID-19 crisis period. Using a quantitative research approach, the research uses S&P 500 index price data and cryptocurrency assets. The systemic risk is calculated by using the vine copula ΔCoVaR method and the APARCH-DCC approach on the portfolio of cryptocurrency assets calculated for both individual cryptocurrency assets and GMV portfolios to capture the non-linear and dynamic relationship between cryptocurrencies and other financial assets and to estimate the impact of risk induced by the asset portfolio on the index under extreme market conditions. As a result, in the short term, especially during the Covid-19 crisis, BTC is considered the first "safe haven," as it has minimal VaR, CoVaR, and ΔCoVaR both when estimated individually and in the form of a GMV portfolio. ETH and LTC take second and third place after BTC in terms of stability against global economic uncertainty. Keywords: Cryptocurrency; Systemic Risk; Vine copula ΔCoVaR
Development of Self-Management Skills as an Effort to Improve the Productivity of Teenagers in Babakan Banten Hamlet Ummik, Mediatul; Endriyani, Yayuk; Azzahra, Virginia Fatima; Pangestuti, Rinda Siaga; Khatimah, Husnul
Jurnal Pengabdian Masyarakat Vol. 5 No. 1 (2024): Jurnal Pengabdian Masyarakat
Publisher : Institut Teknologi dan Bisnis Asia Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32815/jpm.v5i1.1344

Abstract

Purpose: This study aims to investigate productivity issues among productive-aged students in Babakan Banten within the context of Industry 4.0. It highlights the importance of self-management skills in meeting modern demands. Method: Utilizing a mixed-methods approach, combining surveys, interviews, and observations, this study examines the behaviors and self-management practices of students. Data were analyzed using statistical techniques to identify trends. Practical Applications: Findings inform tailored interventions for educators and policymakers to promote self-management skills. Community leaders can use insights to develop support systems for students, fostering holistic development. Conclusion: Self-management skills are crucial for addressing productivity challenges. This study provides insights for effective interventions, enabling students to thrive in the competitive landscape of Industry 4.0. Ongoing investment in such initiatives is essential for youth success.
Criminality and Economic Disparity in Indonesia Post-Pandemic Hyogatama, Iqbal Halilintar; Adiwibowo, Tezar Maulana; Mulya, Hezkiel Krisna; Pratiwi, Mulia Kharisma; Pangestuti, Rinda Siaga; Khatimah, Husnul
Jurnal Pengabdian Masyarakat Vol. 5 No. 1 (2024): Jurnal Pengabdian Masyarakat
Publisher : Institut Teknologi dan Bisnis Asia Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32815/jpm.v5i1.1345

Abstract

Purpose: This research investigates the relationship between economic factors and incidences of sexual harassment and violence, highlighting the potential repercussions of economic downturns on crime rates. It emphasizes the necessity of economic sector enhancement, bolstered by skilled human resources, to mitigate these issues and foster job creation. Method: The study employs community service activities to reduce violence and enhance human resources, particularly in barista skills. Utilizing socialization and training techniques, it examines the impact of marketing psychology on identifying market opportunities for community economic development. Practical Applications: The findings offer insights into addressing social issues through economic empowerment, enhancing employability skills, and fostering community economic growth. Implementing these strategies can contribute to crime prevention and socioeconomic advancement. Conclusion: Economic stability and skill development are crucial in combating violence and promoting community welfare. This research underscores the significance of integrating economic initiatives with social interventions to address multifaceted societal challenges effectively.
Character Education for Teenagers Regarding the Dangers of Drug Abuse in Babakan Banten Susanti, Eka Putri; Firdaus, Anoegrah; Pangestuti, Rinda Siaga; Khatimah, Husnul
Jurnal Pengabdian Masyarakat Vol. 5 No. 1 (2024): Jurnal Pengabdian Masyarakat
Publisher : Institut Teknologi dan Bisnis Asia Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32815/jpm.v5i1.1354

Abstract

Purpose: This research highlights character education's role in preventing teenage drug abuse and addressing the widespread issue and associated risks. Method: Qualitative methods, including workshops and seminars, were employed to promote awareness and understanding within the community. Practical Applications: Integrating drug prevention education into school curricula and community initiatives can effectively mitigate drug-related challenges among teenagers. Conclusion: Character education plays a vital role in combating teenage drug abuse. Integrating drug prevention programs into educational and community settings contributes to a safer and healthier society.
Exploring Realized Volatility through High-Frequency Data: The Role of Liquidity, Transaction Costs, and Influencing Factors. Pangestuti, Rinda Siaga; Pujihastuti, Isti; Inayah Syahwani, Asty Khairi
Account: Jurnal Akuntansi, Keuangan dan Perbankan Vol. 12 No. 2 (2025): DECEMBER EDITION
Publisher : Politeknik Negeri Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32722/account.v12i2.7036

Abstract

This research, which falls within the area of microstructure of financial markets, aims to compare liquidity with transaction costs, and determine the factors affecting volatility in small and large total asset energy companies in Indonesia. The use of data on companies with contrasting total assets contributes to providing investment portfolio management considerations for investors. The data used is taken from high-frequency stock price data per 30 minutes from Bloomberg subscribed. The illiquidity measurement method uses Amihud's Illiquidity, transaction costs use relative Bid-Ask Spread (BAS), and realized volatility is calculated using the square root of the realized variance. The use of 30-minute high-frequency stock price data can provide more detailed information. As a result, companies with small assets tend to have much greater stock price volatility, transaction costs, and illiquidity compared to companies with large assets. The factor affecting realized volatility is the volume of stock transactions. The greater the volume of stock transactions, the greater the volatility of stock prices. Keywords: High-Frequency Data; Realized Volatility; Amihud’s Illiquidity; Relative Bid-Ask Spread (BAS).