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Using Zmijewski Model in the Prediction of Financial Distress State-Owned Banking Pandoyo Pandoyo; Cundo Harimurti; Mohammad Sofyan
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 2 (2022): Budapest International Research and Critics Institute May
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i2.4866

Abstract

State-owned banking has a negative outlook due to asset quality challenges and difficulties in increasing revenue without taking additional risks due to the challenges of business models and difficult external conditions. The study aims to predict the financial health of state-owned banks with the Zmijewski model. This research is an analysis of secondary data based on the balance sheet of state-owned banks, namely: Bank Rakyat Indonesia, Bank Negara Indonesia, Bank Mandiri, and Bank Tabungan Negara, for the period 2017-2021 for financial distress predictions as measured by return on asset, debt ratio, and current ratio. Sampling method with saturated sampling. From the results of calculations with the Zmijewski model. It is known that the four state-owned banks are predicted to have financial difficulties and are at high risk of bankruptcy. Management must increase its current assets lest current debt exceeds the value of current assets owned. Increased liquidity in improving financial performance will improve the bank's performance.
Analysis of Factors Affecting Original Local Government Revenue of East Java Province Cundo Harimurti; Mohammad Sofyan
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 2 (2022): Budapest International Research and Critics Institute May
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i2.4930

Abstract

This study aims to analyze the factors that influence the original local government revenue of the province of East Java, namely: Population, gross regional domestic product, and inflation from 2015 to 2021. With multiple linear regression analyses, it is known that the Population has no significant negative effect on original local government revenue. Meanwhile, gross regional domestic product and inflation have a significant positive effect on original local government revenue.
A Literature Highlight: How A Traceability System Can Support Halal Supply Chain? Resista Vikaliana; Yuli Evitha; Cundo Harimurti; Laode Sabaruddin; Aziza Leila Komala
Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences Vol 4, No 4 (2021): Budapest International Research and Critics Institute November
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v4i4.2678

Abstract

At present, halal awareness is related to food quality, both in Muslim countries and non-Muslim countries. Food safety and quality assurance of food integrity, including food safety, health, nutrition and quality. The concept of halal includes process control, packaging, storage and delivery. All activities involved in the supply chain, especially food, the question is whether the integrity of halal food products can remain halal throughout the supply chain. Halal traceability, namely recording all information on activities in producing products from upstream, namely the origin of raw materials to downstream, becomes important. This literature review aims to determine the halal traceability system in the halal food supply chain. In particular, this article discusses the traceability architecture in food products. The study suggest some topics of emphasis in developing an economic research gate: Break even point of Halal traceability and tracking, acceptable level of risk in Halal traceability and tracking, participation in Halal traceability and tracking system. The ‘shades’ of food  integrity in the halal supply chain are offered, which can be categorized into four supply chain dimensions, related to raw materials, production, service, and the consumer.
Risk Analysis of MSME and MSM Credit by Economic Sectors Cundo Harimurti
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 3 (2022): Budapest International Research and Critics Institute August
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i3.5951

Abstract

This study aims to analyse the credit risk of the Micro, Small, Medium Enterprises and Micro Small Medium sector by economic sector during the Covid-19 Pandemic. Time series research data for the period 2011-2020 from Indonesian Banking Statistics With the secondary data analysis method, it is known that the average non-performing loan for MSMEs and MSM for a period of 10 years according to the wholesale and retail sector is IDR 14.062 trillion, Construction of IDR 3.244 trillion, Processing Industry of IDR 2.908 trillion, Agriculture, Hunting and Forestry of IDR 2.040 trillion, Real Estate, Rental Business, and Corporate Services are amounting to IDR 1.334 trillion, Transportation, Warehousing and Communication of IDR 1.145 trillion, Social, Cultural, Entertainment and Other Personal Services of IDR 1.089 trillion, Accommodation, Food and Beverage of IDR 904 billion, Mining and Quarrying of Rp. 431 billion, Financial Intermediaries IDR 303 billion, Fisheries of IDR 190 billion, Health Services and Social Activities of IDR 127 billion, Electricity, Gas, and Water of IDR 78 billion, Education Services of IDR 52 billion, Individual Services Serving Households of IDR 44 billion. One of the reasons for the increase in non-performing loans for MSMEs and MSMs is the weak economic activity resulting from the COVID-19 pandemic, which has triggered a decrease in credit demand and has pushed up non-performing loans due to the decline in the ability to pay from MSME and MKM actors.