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Public Policy and Financial Regulation in Housing Sector (Case Study: One Million Houses and KPR FLPP) Maria Dellarosawati Idawicaksakti; Monica Dianrosawati Itaratnasari; Raden Aswin Rahadi
International Journal of Innovation in Enterprise System Vol. 6 No. 1 (2022): International Journal of Innovation in Enterprise System
Publisher : School of Industrial and System Engineering, Telkom University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/ijies.v6i01.127

Abstract

During Jokowi’s tenure, a lot of programs and policies that focusing on housing sector were built byhim. Package of Economic Policy XIII is one of many policy’s package that Jokowi develop formanaged housing of people who have low income (MBR) with target that chosen is built onemillion houses. The lack of availability of housing for low-income people, is one of the reasons forthe policy package. In this research, author used qualitative method to analyst the phenomenon. Theresults of this study are the high rate of housing backlogs, the difficulty of obtaining housing ataffordable prices, and discussing KPR schemes in Indonesia. The existence of these governmentprograms does not significantly eliminate the phenomenon of housing a backlog. In addition, theexistence of the program must be accompanied by high supervision from the government andaccompanied by laws that bind violators.
ESG, CYBER GOVERNANCE, OPERATIONAL RISK IN BANK RESILIENCE: EVIDENCE FROM INDONESIAN BANKS Trisna Aminwara; Sudarso Kaderi Wiryono; Raden Aswin Rahadi
International Journal of Social Science, Educational, Economics, Agriculture Research and Technology (IJSET) Vol. 5 No. 8 (2026): JULY
Publisher : RADJA PUBLIKA

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Abstract

This study examines how ESG and cyber governance relate to operational risk and bank resilience in Indonesia, with bank stability used as its measurable aspect. Using balanced panel data from 17 KBMI 3 and KBMI 4 banks during 2019–2024, the study applies Fixed Effects regression with robust standard errors and year dummy variables. ESG and cyber governance are measured using disclosure-based indexes from annual and sustainability reports. Bank stability is measured using the natural logarithm of the Z-score, while operational risk is measured by operational risk-weighted assets divided by total risk-weighted assets. The findings show that ESG has no significant direct relationship with bank stability or operational risk. Operational risk is positively related to bank stability, reflecting risk-weighted exposure and capital absorption rather than suggesting that operational failures improve stability. The main finding is that cyber governance negatively moderates the ESG–operational risk relationship, indicating that stronger cyber governance reduces the marginal operational risk association of ESG. Based on these findings, a KRI-Based ESG–Cyber Governance–Operational Risk Monitoring Framework is proposed.