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Model Kolaborasi Lembaga Keuangan dan Universitas Dalam Memperkuat Akses Layanan Keuangan Mikro dan Kinerja Usaha Mikro dan Kecil di Indonesia: A Model of Collaboration of Financial Institutions and Universities in Strengthening Access To Microfinance Services And The Performance of Micro and Small Enterprises in Indonesia Suhendi; Achsani, Noer Azam; Najib, Mukhamad; Novianti, Tanti
Jurnal Aplikasi Bisnis dan Manajemen Vol. 9 No. 3 (2023): JABM Vol. 9 No. 3, September 2023
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.9.3.976

Abstract

Micro and Small Enterprises (MSEs) have an important and strategic role in national economic development. This study aims to identify and analyze problems in the implementation of microfinance services for MSEs in Indonesia and develop a collaborative model involving relevant stakeholders, especially financial institutions and universities, to support microfinance and improve the performance of MSEs in Indonesia. The research method used in this research is Soft Systems Methodology (SSM), utilizing data from FGDs, in-depth interviews, and observations. The results of the study show that financing constraints for MSEs can be seen from two perspectives, namely the MSEs themselves (demand side) and financial institutions (supply side). Collaborative models between various stakeholders, especially between financial institutions and universities, can be an alternative solution to strengthen access to microfinance services and improve the performance of micro and small businesses in Indonesia. In terms of transaction cost theory, universities can reduce the transaction costs of financial institutions through research, education, innovation, and partnerships with financial institutions. Therefore it can be concluded that collaboration between universities and financial institutions can make a valuable contribution to developing more efficient and cost-effective solutions in the financial industry, especially in increasing access to microfinance services and the performance of MSEs in Indonesia. Keywords: catwoe, collaborative intervention, financial system, rich picture, soft system methodology
The Relationship Between the Audit Board of the Republic of Indonesia's (BPK) Opinion With Regional Government Financial Report and Corruption Idrus, Yudi Avalon; Achsani, Noer Azam; Hardiyanto, Arief Tri
Jurnal Tata Kelola dan Akuntabilitas Keuangan Negara 2018: JTAKEN Vol. 4 No. 1 June 2018
Publisher : Badan Pemeriksa Keuangan Republik Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28986/jtaken.v4i1.168

Abstract

BPK audit report on a government financial report contains an opinion that is a professional statement of the auditor regarding the fairness of financial information presented in the financial statement. In forming an opinion, a BPK auditor uses four criteria: the application of the Government Accounting Standard, adequate disclosures, compliance with laws and regulations, and effectiveness of internal control systems. The unqualified opinion is issued to a financial report with no material statements and/or fraud. However, it is widely reported that many irregularities still occur across government entities and cost the state's resources (finance). This study aims to analyze corruption committed by heads of local governments and its influence on BPK opinion and build a model which shows the relationship between them. This study uses a model called ordinal logistic regression and finds a correlation between BPK opinion and corruption committed by heads of local governments. The best ordinal logistic regression model shows that BPK opinion is dominantly influenced by the compliance of government financial reports with Government Accounting Standard, compliance with laws and regulations, and effectiveness of internal control systems.
The Impacts of ALMA Primary Variables on Profitability An Empirical Study of Indonesian Banking Jumono, Sapto; Achsani, Noer Azam; Hakim, Dedi Budiman; Firdaus, Muhamad
International Research Journal of Business Studies Vol. 8 No. 1 (2015): April - July 2015
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.8.1.13-32

Abstract

This study aims to determine the impact of liquidity on BEP and ROE in Indonesian banking industry. The supporting theory in this study is ALMA theory. Based on annual data for the period 2001-2014 and following purposive sampling technique, the acquired amount of sample study is 97 banks. The data is analyzed using panel data regression of GMM Arrelano Bond, as a novelty in data processing, therefore the speed of adjustment can be known. The ALMA variables such as LAR, capital, leverage, operating expenses, interest income, and CAR sensitivity have a significant effect on BEP and ROE. Meanwhile LDR, NPL, the FBI have no impact on profitability. The implication of this study is the fact that banking performance in Indonesia can be leveled up through the reduction in mortgage interest rates and increment of credit volume and FBI.
Ownership and Determinants Capital Structure of Public Listed Companies in Indonesia: a Panel Data Analysis Hardiyanto, Arief Tri; Achsani, Noer Azam; Sembel, Roy; Maulana, Tb. Nur Ahmad
International Research Journal of Business Studies Vol. 6 No. 1 (2013): April - July 2013
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.6.1.29-43

Abstract

Capital structure is a mix of debts and equities used by a company to finance its investment. Debt offers benefit of tax shield from interest expenses that can be deducted in calculating company income tax. Unfortunately, company can not use debts in unlimited amount because it will lead to risk of bankcrupt. Therefore, company needs to establish a target (unobserved) capital structure which will optimize the value of the firm. The purpose of this study is to investigate the determinant of capital structure and ownership in public listed companies in Indonesia Stock Exchange using Time-Series CrossSection Regression (TSCSREG) and supported with a balanced panel data. Data used are financial statements of 228 public listed companies from group of eight industry sectors. Research finding confirms that tax shield and fixed financial burden are significantly influence the capital structure and state ownership also significantly influence the capital structure of the state owned enterprises.
The Significance of Loyalty on Consumer Credit Profitability Prihartono, Aditya Galih; Sumarwan, Ujang; Achsani, Noer Azam; Kirbrandoko, Kirbrandoko
International Research Journal of Business Studies Vol. 5 No. 1 (2012): April - July 2012
Publisher : Universitas Prasetiya Mulya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21632/irjbs.5.1.13-34

Abstract

The purpose of this research is to analyze and test the effect of customer loyalty on consumer credit profitability. Loyalty Index Score was developed to determine the level of customers’ loyalty level through 4 main variables; Longevity, Depth, Breadth and Referrals. The effect of Loyalty Index Score on profitability was further tested by path analysis to find out the significance direct relationship between loyalty and profitablity and the indirect relationship between the two variable through bucket. The result showed that loyalty has a significant effect on profitability either directly or indirectly. It was concluded that direct loyalty effect on profitability is lower than that of the indirect effect through bucket. The conclusion could be made by analyzing the available data from personal loan customers in one of the biggest multinational bank in indonesia during October 2010 until March 2011. 
Infrastructure-360: Analyzing the Performance of the Infrastructure Sector from Multiple Sides Helmi Adam; Noer Azam Achsani; Roy H.M. Sembel; Linda Karlina Sari
Jurnal Ilmiah Manajemen Kesatuan Vol. 13 No. 4 (2025): JIMKES Edisi Juli 2025
Publisher : LPPM Institut Bisnis dan Informatika Kesatuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37641/jimkes.v13i4.3688

Abstract

The infrastructure sector serves as the backbone of national economic growth, with both state-owned enterprises (SOEs) and non-state-owned enterprises (Non-SOEs) playing strategic roles in public service delivery and investment. However, the Covid-19 pandemic has disrupted the sector's stability and performance, highlighting the need for a more comprehensive analysis of the internal and external factors influencing company performance across different periods. This study aims to examine the impact of corporate fundamentals, macroeconomic indicators, the Indonesia Composite Index (ICI), and Environmental, Social, and Governance (ESG) factors on the profitability and stock returns of SOEs and Non-SOEs in the infrastructure sector before, during, and after the Covid-19 pandemic. Using a descriptive quantitative approach and quarterly financial data from 2018 to 2023 for 42 companies, the study finds that SOEs demonstrate greater financial stability, while Non-SOEs exhibit higher operational adaptability. ESG-implementing firms generally report better profitability and healthier capital structures, albeit with higher volatility. These findings suggest the importance of enhancing operational efficiency, reinforcing ESG adoption, and maintaining sound financial structures to ensure business sustainability. Future studies are encouraged to explore qualitative aspects such as strategic innovation and governance transformation for more holistic insights.   Keywords: Infrastructure, SOEs, Non-SOEs, Company Performance, Covid-19 Pandemic
Enhancing Accountability in Hajj Fund Governance Through Regulatory Impact Analysis and Value Chain Model Achmad Iskandar Zulkarnain; Noer Azam Achsani; Mulya Siregar; Irfan Syauqi Beik
International Journal of Cyber ​​and IT Service Management (IJCITSM) Vol. 5 No. 2 (2025): October
Publisher : International Institute for Advanced Science & Technology (IIAST)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34306/ijcitsm.v5i2.205

Abstract

This study analyzes the effectiveness of Indonesia's Hajj financial management regulations following the establishment of the Hajj Financial Management Agency (BPKH) under Law No. 34 of 2014. With increasing pilgrim demand exceeding available quotas, effective management of accumulated Hajj funds has become critical for ensuring pilgrim welfare and maintaining public trust. The research employs Value Chain Analysis and Regulatory Impact Assessment (RIA) methodologies through expert interviews and questionnaire surveys with key stakeholders. Value Chain Analysis identified nine key activities within BPKH's operations, while RIA evaluated policy impacts through systematic assessment of costs, benefits, and stakeholder perspectives. Findings reveal that BPKH's establishment significantly improved Hajj financial management with 100% expert consensus on enhanced transparency, efficiency, and accountability. However, the policy framework remains suboptimal due to service disparities among pilgrims, suboptimal investment returns, and incomplete institutional coordination. The study concludes that Law No. 34/2014 represents significant advancement in establishing clearer investment parameters and accountability frameworks, though digital transformation challenges persist. The research recommends strengthening investment risk management, expanding virtual account systems, and prioritizing comprehensive digital infrastructure development including IoT integration for operational monitoring, artificial intelligence for investment optimization, and blockchain technology for enhanced security while maintaining Sharia compliance.
Unveiling the Hidden Risks of Capital Inflows on Non-Financial Firm Performance in Indonesia Hesti Werdaningtyas; Noer Azam Achsani; Anny Ratnawati; Tony Irawan
International Journal of Cyber ​​and IT Service Management (IJCITSM) Vol. 6 No. 1 (2026): April
Publisher : International Institute for Advanced Science & Technology (IIAST)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34306/ijcitsm.v6i1.224

Abstract

The limited research on the impact of external debt on financial system stability at the micro level creates a clear need for further investigation. The positive contributions to the relevant discourse of this study lie in its attempt to address that gap by conducting a comprehensive micro panel data analysis, covering the performance of 523 individual Non-Financial Corporations (NFCs) in Indonesia, based on panel data. Additionally, this study employs advanced methodology, utilising a dynamic model and System-Generalised Methods of Moments (Sys-GMM) estimation. The research have tackled endogeneity issues using GMM estimators to ensure the robustness of our findings. The results indicate that different capital flows exert varying impacts on corporate performance. In particular, private external debt inflows and Portfolio Investments (PI) have a positive influence on the financial stability of firms. Conversely, direct investment in manufacturing firms and corporate credit growth have a significant impact on corporate financial stability. From a macroprudential policy perspective, the findings highlight the importance of monitoring corporate vulnerabilities, as it may pose risks to the banking sector. These insights provide valuable guidance for policymakers in developing more effective external debt management strategies to ensure financial stability.
Pengurangan emisi gas rumah kaca pada perkebunan kelapa sawit dengan pendekatan life cycle assessment Hariyadi, Hariyadi; Noor, Erliza; Harimurti, Danang
Jurnal Pengelolaan Sumberdaya Alam dan Lingkungan (Journal of Natural Resources and Environmental Management) Vol 11 No 1 (2021): Jurnal Pengelolaan Sumberdaya Alam dan Lingkungan (JPSL)
Publisher : Pusat Penelitian Lingkungan Hidup, IPB (PPLH-IPB) dan Program Studi Pengelolaan Sumberdaya Alam dan Lingkungan, IPB (PS. PSL, SPs. IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29244/jpsl.11.1.1-9

Abstract

Pertumbuhan perkebunan kelapa sawit di Indonesia mengalami peningkatan yang cukup pesat. Dampak negatif yang ditimbulkan akibat pertumbuhan perkebunan kelapa sawit ini adalah kerusakan lingkungan dan peningkatan emisi gas rumah kaca (GRK). Penelitian ini bertujuan untuk mengetahui sumber emisi GRK dari kegiatan perkebunan kelapa sawit dan memberikan alternative untuk mengurangi emisi gas rumah kaca melalui pemanfaatan kembali limbah padat dan cair sebagai substitusi pupuk anorganik. Metode yang digunakan adalah penilaian siklus daur hidup (LCA) berdasarkan framework ISO 14040. Berdasarkan hasil penelitian diketahui bahwa rata-rata emisi GRK yang dihasilkan dari kegiatan perkebunan kelapa sawit adalah 0.08 TCO2e/TTBS/Tahun. Kegiatan pemupukan mempunyai kontribusi cukup tinggi yaitu rata-rata emisi GRK yang dihasilkan adalah 0.07 TCO2e/TTBS/Tahun. Untuk mengurangi emisi GRK yaitu dengan mengoptimalkan penggunaan pupuk organic yang berasal dari limbah produksi CPO berupa limbah cair kelapa sawit (LCPKS) dan janjang kosong kelapa sawit (JJK). Penggunaan LCPKS sebagai pupuk organik berpotensi mengurangi emisi GRK sebesar 0.015 TCO2e/TTBS atau setara dengan 17.03%, sementara penggunaan JJK berpotensi mengurangi emisi GRK sebesar 0.029 TCO2e/TTBS atau setara dengan 33.98%. Optimalisasi penggunaan LCPKS dan JJK sebagai pupuk organik memberikan dampak yang signifikan untuk mengurangi emisi GRK dalam kegiatan perkebunan kelapa sawit.
Sustainable Business Innovation in Indonesian Firms ESG Disclosure Profitability and Greenwashing Ferli, Ossi; Achsani, Noer Azam; Andati, Trias; Asikin, Zenal
Aptisi Transactions On Technopreneurship (ATT) Vol 8 No 2 (2026): July
Publisher : Pandawan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34306/att.v8i2.854

Abstract

This paper aims to investigate the relationships among ESG disclosure score and profitability. The sample consist of sustainable companies in Indonesia, based on the Sustainalytics and Bloomberg databases. Panel regression analysis was employed to test the study hypotheses. The results indicate that ESG disclosure has a negative effect on firm profitability. Specifically, environmental and governance disclosures are negatively associated with profitability. Moreover, both the combined ESG score and the Squared ESG variable exhibit a negative effect on profitability. Net sales show a positive effect on profitability across all models. In contrast, the COVID-19 period was found to reduce firm profitability. This study is limited by the number of samples due to data availability, yet it provides implications for stakeholders by offering insights into how ESG disclosure influences profitability in the long term, particularly in the context of sustainability practices within developing countries. The findings also have significant implications for policymakers, firms, and investors, as these findings offer guidance on managing ESG disclosure to support financial performance while mitigating greenwashing effects. Finally, this study raises a critical question about whether ESG compliance and standards will remain instruments for capital market stakeholders or evolve into a transformative paradigm that reshapes stakeholder behaviour. This research contributes to the growing body of literature exploring the relationship between ESG disclosure and profitability by employing a self-developed index from annual report content analysis, thus providing a localized perspective on sustainability performance. Furthermore, it complements the literature on the non-linear relationship between sustainability and profitability.
Co-Authors -, Kaseno . Gunawan . Risfaheri ., Harianto ., Widhianthini A, Akhmad Aang Munawar Abd. Rasyid Syamsuri Abdullah, Feriansyah Abdurachman abdurachman Abylay Syzdykov Achmad Fadillah Achmad Gus Fahmi Achmad Iskandar Zulkarnain Adetiya Rachman Aditya Galih Prihartono Aditya Kurniawan Aditya Kurniawan Adler H. Manurung Adler H. Manurung Adler Hayman Manurung Adler Haymans Manurung Adrianna Syariefur Rakhmat Adytia Pradnya Murti Agus Buono Agus Eko Tjahjono Agustina Widi Palupiningrum‬ Ahmad Haryo Oktamto Ahmad Heri Firdaus Aida Vityala Hubeis Ake Wihadanto Akhiruddin Maddu Akhmad Fauzi Alexandi, Muhammad Findi Alfa Firdaus Ali Akil Parlindungan Siregar Amadeus Sanda Layuk Amelia Theresia Sirait Amrieh Samad Soemargo Amzul Rifin Ana Turyanti Andi Buchari Andra Devi Benazir Anggaraeni, Lukytawati Anggun Ratnawulan Ani Suryani Ani Suryani Anny Ratnawati Anto Tri Sugiarto Arief Daryanto Arief Sabdo Yuwono Arief Tri Hardiyanto Arif Imam Suroso Arif Kurniadi Arif Kurniadi Aris Dwi Cahyanto Arman Arman Armansyah Halomoan Tambunan Aruddy Aruddy Aruddy Arya Hadi Dharmawan Asaduddin Abdullah Ascarya Ascarya Asep Taryana Astri Puspitasari Asysyifa Vivekananda Aty Herawati Audry Arsyila Utomo Aulia Yulianti Wulandari Ayu Rahayu SARASWATI Aziz Darwis, Abdul Baba Barus Bagus Sartono Bambang Juanda Bambang Mulyana Hermanto Bambang Pramudya Bambang Pramudya Noorachmat, Bambang Pramudya Bandono, Bayu Baransano, Michael Albert Bayu Bandono Bayu Bandono Bayu Bandono Bayu Bandono Bayu Widokartiko Beny Mulyana Sukandar Bonar M. Sinaga Bratakusumah, Deddy S. Budiatman Satiawihardja Bunasor Sanim Bustanul Arifin Bustanul Arifin Cahyana, Purwa Tri Casnan Casnan Casnan Casnan Casnan, Casnan Cecep Kusmana Cory Trisilawaty Cut Meurah Rosnelly Danika Reka Artha Danika Reka Artha Danti Astrini DB Hakim, DB Hakim Deddy S. Bratakusumah Deddy S. Bratakusumah Dede Iskandar Dedi Budiman Hakim Dedi Mulyadi2, Dedi Desak Putu Ristami Paramita Dhany Surya Ratana Dhita, Sasha Dian Fajarika, Dian Didin Hafidhuddin MS Didit Pramadi Dikky Indrawan Dino Rimantho Djumali Mangunwidjaja Dodyk Pranowo Dominicus Savio Priyarsono Dondy A Setyabudi Drajat Martianto Dwi Andhayani Edi Mulyon Edvin Aldrian Edy Mulyono Eka Intan Kumala Putri Eka Khaerandy Oktafianto Eka Sudarmaji Elida Novita Elly Zunara Endang Prangdimurti Eriyatno . Erliza Hambali Erna Rusliana Muhamad Saleh Ernan Rustiadi Ernawati Alena Ersyad Perdana Perdana Erwin Riyanto Eti Rohaeti Etty Riani Fadjar Sofyar Fahmi, Achmad Gus Fajrian, Muhammad Aja FARAH FAHMA Fatma Aghitsni Fauzi, Rizal Ahmad Fenny Salomina Jensanura Asyerem Ferli, Ossi Ferry Ardiansyah Ferry Syarifuddin Ferwina Sari Darwis Firman Siregar Fitri Kinasih Husnul Khotimah Fitria Yuliani Fitry Filianty Frances Roi Seston Tampubolon Ganistie Furry Qisthina Gasmara, Dimas Dhanubrata Gustan Pari Hadi Susilo Arifin Hadjomidjojo, Hartrisari Hakim, Muadz Abdul Harahap, Serarifi Elagin Hardiyanto, Arief Tri Hari Wijayanto Harianto Harianto Harianto MS Harimurti, Danang Hartrisari Hadjomidjojo Hartrisari Hardjomidjojo Hefni Effendi Helen Wiryani Helmi Adam Hendina Pratiwi Hendramiko Hendri Setiadi Hendro Sasongko Heni Hasanah Heni Hasanah Henny Saraswati Hermanto Siregar Herry Frenky Nababan Hesti Werdaningtyas Hizir Sofyan I Gede Widya Anantayoga Idqan Fahmi Idrus, Yudi Avalon Idrus, Yudi Avalon Ikhsana, Nadya Ramadhani Imam T Saptono Imam Teguh Saptono Imam Teguh Saptono Indah Yuliasih Irawan, Toni Irfan Syauqi Beik Irmayanti Irmayanti Irmayanti Irmayanti, Irmayanti Irvan Novikri Irzaman, Irzaman Istingani Istingani JAENAL EFFENDI Jeperson Pardede Joyo Winoto, Joyo Kevin Rafif Khaswar Syamsu Kirbrandoko Kirbrandoko Kirbrandoko Kirbrandoko Koes Pranowo La Ode Abdul Rahman Laily Dwi Arsyanti Laily, Noer Lala M Kolopaking Lanang Bagus Satrio Liesbetini Haditjaroko Liesbetini Hartoto Lina Warlina LINAWATI HARDJITO Linda Karlina Sari Lukman M. Baga Lukytawati Anggraeni M Firdaus, M Firdaus Machfud Machfud Mangara Tambunan Mangara Tambunan Marimin , Marimin Marimin Maulana, Tb. Nur Ahmad Maulana, Tubagus N.A. Maulida Aulia Rezki Meiharriko Meika Syahbana Rusli Meika Syahbanna Rusli Mela Yunita Michael Albert Baransano Michael Albert Baransano Michael Silaen Miranti Miranti Moch Hadi Santoso Moh. Yani Mohamad Syamsul Ma’arif Mohammad Amirul Muzakki Mohammad Iqbal Irfany Mohammad WIJAYA Mokhammad Fadhil Adnanhasan Muadz Abdul Hakim Muhamad Firdaus Muhammad Aja Fajrian Muhammad Romli dan Suprihatin Andes Ismayana Mukhamad Najib Mulya Siregar Mulyorini Rahayuningsih Murtadho, Muhammad Afif Musa Musa Mutia Prawitasari Nani Yuheti Yuniatin Narotama, Bintang nFN Setyadjit Ni Kadek Manik Dewantari Nida El Husna Novian Zen Nunung Nuryartono Nur Hasanah Nur Richana Nurvita, Tita Nurwati, Etty Pekey, Simon Pipih Suptijah Pramulya, Rahmat Pratama, Alfin Yoga Pratiwi, Hanum Amalia Budhi Prihartono, Aditya Galih Priscilla Maulina Juliani Siregar Purnawan Purnawan Purnawan Purnawan Purwanto, Sugeng Putri, Pebrika Yudha Raden Dikky Indrawan Raden Roro Anita Nur Rimadhani Rahmat Budiman Rahmat Mulyana Rahmi Jamza RAMADHAN, MUHAMMAD FARHAN Ramadhoni Tiar Saputra Resky Rumbiak Retnaningsih Rico Rizal Budidarmo Rifki Ismal Rina Oktaviani Risya Maulida Septiana Rita Nurmalina Rizal Syarief Rizal Syarief Rosniyati Suwarda Roy H.M. Sembel Roy H.M. Sembel Roy Sembel Roy Sembel Roy Sembel Rubiyo Rubiyo Rudjito Rudjito Rudy C Tarumingkeng Ruka Yulia Sahara Sahara Salfauqi Nurman, Salfauqi Salsa Dilla Santo, Deni Santosa Santosa Santoso, Moch. Hadi Sapta Raharja Sapto Jumono Saraswati, Henny Satyawan Sunito Sembel, Roy Serarifi Elagin Harahap Setia Hadi Setiadi Djohar Setyo Wibowo Sidik Herman, Sidik Sillak Hasiany Siregar, Firman Sjafri Mangkuprawira Sofina Mujadiddah Solihin Solihin Sri Hartoyo Sri Mulato Sri Murtiyanti Sri Usmiati Suarsih, Siti Suhendi Suhendi Sumedi Andoyo Mulyo Suprihatin Suprihatin Surjono H Sutjahjo Surjono H Sutjahjo, Surjono H Syamsul Hidayat Pasaribu Tajuddin Bantacut Tajudin Bantacut Tania June Tanti Novianti Tarumingkeng, Rudy C Taufik Djatna Tb Nur Ahmad Maulana Teguh Adiprasetyo Temmy Wikaningrum Tia Rahmina Titi Candra Sunarti Titi Chandra Sunarti Toni Bakhtiar Tony Irawan Tri Marwati Trias Andati Trias Andati Trias Andati Trias Andati Trias Andati Trias Andati Trias Andati Tribella Kembaren Tridoyo Kusumastanto Trisilawaty, Cory Tubagus Haryono Tubagus Nur Ahmad Maulana Tubagus Nur Ahmad Maulana Tubagus Nur Ahmad Maulana Tubagus Nur Ahmad Maulana Tubagus Nur Ahmad Maulana Tun Tedja Irawadi Tuti Tutuarim Ujang Sumarwan Viga Fakoano Wahid Achsan Wanda Kharisa Ristyanti Wicaksono, Matius Rangga Widodo, Fran Sagita Widyastutik Wulandari, Hestiani Yandra Arkeman Yudi Avalon Idrus Yulia, Ruka Yulya Handayani Zaenal Abidin Zainal Abidin Zainal Zawir Simon Zatalini, Halimah Zelin Nurfadia Sidik Zenal Asikin Zenal Asikin