Daryanto, Wiwiek M.
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Strategy to Strengthen Internal Control System for State-Owned Property Administration (Case Study: Ministry of Energy and Mineral Resources) Endito, Astria; Daryanto, Wiwiek M.
The Indonesian Journal of Business Administration Vol 7, No 1 (2018)
Publisher : The Indonesian Journal of Business Administration

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Abstract - Establishing a transparent and accountable financial report and report on State-Owned Property, which referred to Bahasa Indonesia as Barang Milik Negara (BMN), or known as Good Governance, it is not easy. For that in need a good system of internal control of administration. Based on the above problems, this study aims to: 1) Knowing the causes of negative findings on the internal control system of the administration of BMN assets. 2) Knowing the quality of the implementation of the Internal Control System in the BMN Administration in the MEMR. 3) Propose a strategy of strengthen the Internal Control System in the BMN Administration in the MEMR. The method used in this research consists of three stages, first using descriptive method, the second using qualitative method using NVIVO and third using SWOT and QSPM method. The results of the analysis show: 1) Based on the report of BPK-RI audit result in the know that the administration of fixed assets in ESDM ministry has not been adequate, 2) Implementation of SPI administration in the Ministry of ESDM is still running less good than the five elements only information and communication that get good criteria 3) Strategy that must be implemented related to internal control system is to strengthen the internal control system by improving the quality of BMN report through updating of information technology and application of BMN management.Keywords: administration of state property, internal control system, SWOT analysis and QSPM analysis
Analyzing commercial bank in Indonesia by using camel method, case study of: pt bank mandiri (persero), tbk (bmri) for periods of 2007-2016) Obrina Hutabarat, Vanessa Helena; Daryanto, Wiwiek M.
The Indonesian Journal of Business Administration Vol 7, No 1 (2018)
Publisher : The Indonesian Journal of Business Administration

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Abstract – Assessment of bank’s soundness is fundamental since even a little macro-economic condition can influence customers trust on banks. Bank Mandiri expected by president of Indonesia to expanding their business in Southeast Asia, whereas they have some issues such as the rising of their non-performing loan and the decline of their profit and also in their credit quality. With all these issues, Bank Mandiri have to convince foreign market that they have a good trend of bank soundness and can be trusted. The purpose of this research is to assess bank soundness of Bank Mandiri from 2007-2016 and to find the priority ratios. In this research, CAMEL method that stands for Capital (C), Assets Quality (A), Management (M, Earning (E), and liquidity (L) is used for determining Bank Mandiri bank soundness for the last ten years. As for determine ratios that have strongest correlation, correlation statistic method will be used. Data used in this assessment are secondary data from Indonesia Stock Exhange. Those data are financial report and annual report from Bank Mandiri since 2007 until 2016.  The results showed that Bank Mandiri has healthy status based on CAMEL method. Other than that, also found that ratios that be the priority as early warning in Bank Mandiri based on CAMEL method is OER and ROA. Recommendation from this research is Bank Mandiri needs to take notice on movement of trend at NPL ratio, ROA, and LDR. Bank Mandiri also needs to maintain movement of OER in order to have optimal ROA. Keywords:  CAMEL, Correlation, Financial Ratio, Surat Edaran Bank Indonesia No. 6/23/DPNP/2004
Measuring financial performance of going public companies of oil & gas industry during the period of before and after 2010s oil glut phenomenon in 2010-2016 Andriana, Putri; Daryanto, Wiwiek M.
The Indonesian Journal of Business Administration Vol 7, No 2 (2018)
Publisher : The Indonesian Journal of Business Administration

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Abstract - Energy is one of the most important commodities in the world. This is proven by the increasing of total world’s production and consumption of crude oil every year. The supply of crude oil started to exceed 0.6 million barrels in 2014 and keep going until 2016 (Annual Report of OPEC, 2016) then, it led the world to 2010s Oil Glut. Unfortunately, 2010s Oil Glut caused the falling back of world’s crude oil prices. This research aims to measure, analyze, and compare the financial performance of Public Listed Oil and Gas Companies in Indonesia namely PT Medco Energi Internasional Tbk. (MEDC), PT Energi Mega Persada Tbk. (ENRG), and PT Benakat Integra Tbk. (BIPI) from 2010 to 2016. This research uses financial ratios such as Return on Assets (ROA), Total Debt to Total Assets (TDTA), and Total Assets Turnover (TATO) and also uses paired t-test to verify the differences of financial ratios during the period of before (2010-2012) and after (2014-2016) 2010s oil glut. The results of this study show that the ROA value of MEDC was positive, but for ENRG and BIPI were negative. Moreover, the TDTA of the companies were high which above 60 percent. MEDC has accepted the alternate hypotheses for ROA and TDTA variables with paired t-test results 0.018 and 0.042 respectively. Meanwhile, ENRG has accepted the alternate hypotheses for TATO variable with paired t-test results 0.017. And lastly, BIPI has accepted the alternate hypotheses for TDTA and TATO variables with paired t-test results 0.026 and 0.036 respectively. Author recommends the companies for doing assets management and controlling the amount of debt to be taken during 2010s Oil Glut Phenomenon in order to survive in this situation.Keywords: 2010s Oil Glut, Financial Ratios, Paired T-Test