Article Per Year (5 Year)
p-Index From 2020 - 2025
0
P-Index
This Author published in this journals
All Journal The Indonesian Journal of Business Administration
Anggoro Budi Nugroho
School of Business and Management, Institut Teknologi Bandung, Indonesia
Decision Sciences, Operations Research & Management

Published : 4 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 4 Documents
Search

 1 
Real Options and Conventional NPV in PT Telkom's ODP Establishment Capital Budgeting Issues Indah Sari, Dely; Budi Nugroho, Anggoro
The Indonesian Journal of Business Administration Vol 6, No 1 (2017)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Abstract. Telkom has had a desire for the establish of ODP thorough in areas that allow to do the establish of the ODP is not limited to areas and regions of both the city center area and the area of peripheral or entire region Bandung and outside the city of Bandung, but that is not possible because of the lack of funding that Telkom owned so in the end must choose an area that it can be built ODP that can provide benefits to Telkom and which areas can not be built ODP because less beneficial for Telkom. Telkom in making the decision to establish the ODP in an area is to see if the area is feasible or not feasible. if an area is declared feasible to establish ODP then Telkom will invest in the area. Conversely if the area is declared not feasible then Telkom will not invest in these area. The establish project ODP include the type of project undertaken by Telkom is mutually exclusive project means when Telkom chose to do the establish of ODP in the city center area will eliminate the chance of the project more are in the area peripherals, it should be an option (the election) in the second the area so that management can make decisions which areas can be used for the establish of ODP and areas that can not be done ODP establish.Keywords: Optical Distribution Point (ODP) city center area (ANI), peripheral area (Cipatat), mutually exclusive project.
The economics of production factors and operational cost in medium businesses in bandung: hospitality, restaurant and beauty center Ayuningtyas, Harvita; Budi nugroho, Anggoro
The Indonesian Journal of Business Administration Vol 5, No 1 (2016)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Abstract - The Government’s decision to raise the Basic Electricity Tariffs (BET) turns out according to party sequence is caused due to PLN from fuel price hike are getting bounced. When fuel prices go up automatically the operational cost increased so that the budget of PLN funds allocated to operating costs is insufficient. The existence of the phenomenon of increasing the fuel price, Basic Electricity Tariffs (BET) and Regional Minimum Wage (RMW) greatly affect corporate business then the author doing research on these three factors associated with the Operational Cost especially in MICE and tourism industry in Bandung. In this research, external and internal analysis is used to determine the economics situational conditions. The data are collected from ABC Hotel, DEF Restaurant, and GHI Beauty Center. The company size analysis is also used to determine which company`s category that can reflect MICE and Tourism industry`s condition. In order to find the effect of BET, RMW, and Oil price to operational cost. After doing every analysis, there is a finding that BET and RMW are have significantly positive effect with operational cost in MICE and tourism industry in Bandung. In order to reduce the operational cost in MICE and tourism industry, using the technology of electricity component such as LED light, Inverter AC, and LED TV could reduce the electricity cost significantly. Furthermore, in order to reduce RMW`s cost, force planning is used. The effect of using those ways could reduce RMW`s cost significantly. Regression analysis shows that BET has significantly positive effect to operational cost while RMW and gasoline price have no effect in ABC Hotel. In DEF Restaurant, there are no variables have positive effect. In GHI Beauty center BET and RMW have significantly positive effect to operational cost while gasoline price has no effect. In order to reduce Operational Cost, a new strategy is needed for each company. With new strategy, ABC Hotel could reduce Operational Cost as amount as 795 billion rupiah and GHI Beauty Centre could reduce Operational Cost as amount as 120 billion rupiah. Keywords: MICE, Tourism, Operational Cost, BET, RMW, Fuel Price
Initiating electronic cigarettes business in indonesia: value, prospects, and challenges Putra Mahardika, Ibnu Prabowo; Budi Nugroho, Anggoro
The Indonesian Journal of Business Administration Vol 5, No 2 (2016)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Abstract - In a global scale, Personal Vaporizer industry is developing rapidly, especially in developed countries. The governments in those countries simply supporting the PV industries with not banned the circulation but still under supervision of local public health bureau. In Indonesia, Personal Vaporizer industry is still very young, and our government haven’t postured anything at all. Regarding the presence of the industry. One of many seller who’s trying to expand its business is VAPLE. Regardless its rapid growth, currently VAPLE is experiencing financial issues, due to decreasing amount of new customer. To alleviate the problem, currently VAPLE is attempting to find new investor to placed their money for VAPLE’s development and fix VAPLE’s financial issues. The outcome of the research through Financial and Business Valuation point of view, indicated that VAPLE have a good opportunity for investment to be flourished. This statement is supported by positive NPV and bigger value that the cost of capital, short payback period, outstanding Internal Rate of Return, and Profitability Index value higher than 1. In conclusion based on the indicators above, VAPLE is a promising business. The research generates a few recommendations to fix VAPLE’s financial issues. Seek for a new places to doing business is the top priority, while also simultaneously enter new online market place. Another recommendations is to restock new and fast moving items, and lastly is attending local and global vape exhibition to allow VAPLE’s cash flow back to normal. Keywords: Personal Vaporizer, Qualitative Method, Finance, Business Valuation
Stock Depreciation and Company Valuation of PT Express Transindo Utama, Tbk Fiqri Darmawan, Ichsan; Budi Nugroho, Anggoro
The Indonesian Journal of Business Administration Vol 5, No 3 (2016)
Publisher : The Indonesian Journal of Business Administration

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Abstract. PT Express Transindo Utama (Express Group) is the second largest taxi company in Indonesia. Currently Blue Bird is still market leader but Express is showing signs of aggressive expansion. On 2 November 2012 Express debuted on the Indonesia Stock Exchange (making it Indonesia's first publicly traded cab service) by selling 49 percent of its equity, raising IDR 588.7 billion (about USD $60 million). However, PT Express Transindo which listed as PT Express Transindo Utama, Tbk (TAXI) stocks depreciates from Rp.1.200 in 2 January 2015 to Rp. 105 per share in 30 December 2015. In order to find the cause of the phenomena, event study used to determine the stock’s price change. Independent sample test and Mann Whitney U test conducted for the two events which estimated as the cause of PT Express Transindo Utama Tbk stocks depreciation during 2015. Those two events which eastimated to be relate with the bearish price of the TAXI stock is the Gojek Launching in 10 February 2015 and Saratoga Cancellation Acquisition in 7th October 2015. This final project also measured the intrinsic value of PT Express Transindo Utama Tbk, by using Discounted Cash Flow method valuation. The intrinsic value of PT Express Transindo Utama Tbk is currently undervalued at Rp 1201,14 per share compare with the market price at Rp 105 at the end of 2015. However, the company suffered the negative cash in the end od projected years due to the obligations to pay Rp 1 trillion company bonds. In order to improve their financial performance this study propose the business solution, which are, optimizing the Working day in Express Brand’s fleet, Increasing the Express fleet daily payment Improving the Eagle Brand fleets occupancy Increasing the revenue from Value Added Transportation Business and also developing their own mobile based application. Keyword:  Taxi, Event Study, Discounted Cash Flow, Relative Valuation, Financial Analysis
Co-Authors Ayuningtyas, Harvita Fiqri Darmawan, Ichsan Indah Sari, Dely Putra Mahardika, Ibnu Prabowo