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Daya Saing Bisnis PT Pesona Daun Mas Asri Berdasarkan Aktivitas Rantai Nilai Rangga Wisanggara; Muhammad Firdaus; Rina Oktaviani
Jurnal Aplikasi Bisnis dan Manajemen (JABM) Vol. 4 No. 1 (2018): JABM Vol. 4 No. 1, Januari 2018
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.4.1.73

Abstract

In 2015, the sales of PT Pesona Daun Mas Asri (PDMA) declined and presumably it was due to the competition in floriculture business. Value Chain Analysis can be used as an approach to assemble strategies and to understand the factors which affect the competitive advantages. This journal aims to map the market power of PT PDMA by analyzing the value chain of its product. The results show that the sales of floriculture in PT PDMA are affected by its five main products including Phillodendrom Marble, Phillodendrom Selloum, Asparagus Myriocladus, Gerbera and Celosia. The declines in the sales of PT PDMA are due to the external and internal factors. As analyzed, PT PDMA has low points in marketing and production but high points in price compared to its competitors.Keywords: floriculture, sales, value chain, PT PDMA, competitive
Pengaruh Variabel Makroekonomi Terhadap Return Indeks LQ 45 Dan Pefindo 25 Dennis Nugroho Prakoso; Muhammad Firdaus; Trias Andati
Jurnal Aplikasi Bisnis dan Manajemen (JABM) Vol. 4 No. 3 (2018): JABM Vol. 4 No. 3, September 2018
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.4.3.387

Abstract

Investasi saham merupakan salah satu jenis investasi yang terkenal. Investor menginginkan pengembalian yang positif dari investasi yang dilakukannya, pada kenyataannya memperoleh keuntungan dalam investasi sangat sulit. Salah satu cara untuk mengurangi kerugian adalah dengan menggunakan index, pergerakan indeks yang berfluktuatif merupakan pengaruh dari faktor-faktor makroekonomi seperti BI rate, IHK, Kurs tukar Rupiah-Dollar AS, harga minyak Brent, dan Harga emas. Indeks-indeks yang sering digunakan oleh inestor adalah indeks LQ 45 dan Pefindo 25. Indeks LQ 45 yang digunakan sebagai indikator pada penelitian ini untuk menggambarkan “perilaku” saham-saham kapitalisasi besar dan indeks Pefindo 25 digunakan untuk mereprensentasikan perusahaan kecil dan menengah. Penelitian ini ditujukan untuk melihat mengaruh faktor makroekonomi pada return kedua indeks. Metode yang digunakan dalam penelitian ini adalah model Ordinary Least Square (OLS). Hasil yang diperoleh dalam penelitian ini menunjukan bahwa faktor makroekonomi BI rate, nilai tukar, harga emas, harga minyak memiliki pengaruh positif terhadap indeks LQ 45 kecuali nilai tukar yang memiliki pegaruh negatif terhadap Indeks. Indeks Pefindo 25 dipengaruhi oleh BI rate, IHK, dan harga minyak. Hasil ini menunjukan bila investor berinvestasi pada indeks LQ 45 lebih baik memperhatikan BI rate, harga emas, harga minyak, dan nilai kurs tukar sebagai dasar pengambilan keputusab investasi yang dilakukannya. Pada indeks Pefindo 25 investor sebaiknya memperhatikan BI rate, IHK dan harga minyak sebagai dasar pengambilan keputusan investasi.Kata kunci: indeks, LQ 45, makroekonomi, Pefindo 25, IHK
Pengaruh Kapitalisasi Pasar Saham dan Variabel Makroekonomi terhadap Indeks Harga Saham Gabungan di Bursa Efek Indonesia Asep Kurnia Hidayat; Muhammad Firdaus; Bunasor Sanim
Jurnal Aplikasi Bisnis dan Manajemen (JABM) Vol. 5 No. 2 (2019): JABM Vol. 5 No. 2, Mei 2019
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.5.2.332

Abstract

This research aimed to analyze the impact of stock market capitalization and macroeconomic variables on Indonesia Composite Index (ICI) and formulate recommendations of strategies to enhance stock market capitalization. The analysis of macroeconomic data variables covered the inflation rate, oil price, gold price, and Hang Seng Index from 2008 to 2017. The model used in this research was Error Correction Model (ECM) and Analytical Hierarchy Process (AHP). The results showed that in general, all independent variables in the long run had a positively significant impact, except for inflation which had a negatively significant impact. In short run, stock market capitalization, inflation, world oil price, and HSI had a significant impact, while gold price had an insignificant impact. Stock market capitalization and HSI had a positive impact, while inflation and world oil price had a negative impact. Error Correction Term coefficient had an impact of -0.207329 with a negatively significant direction at the significance level of 5%. It showed that the adjustment mechanism process in the long run equilibrium lasted for 5 quarters. Stock market capitalization and HSI had a positive impact, while inflation and world oil price had a negative impact. Stock market capitalization, both in short and long run, had a positively significant and more dominant impact than that of macroeconomic variables. In consequence, a strategy to enhance stock market capitalization in IDX is required. Based on the results of AHP vertical analysis, factors that become a priority in the strategy is the policy (monetary and capital markets). The recommended alternative strategy encourages the increase in large cap stock investments.Keywords: capitalization, composit indexs, macroeconomic, ECM, AHPAbstrak: Penelitian ini bertujuan menganalisis pengaruh kapitalisasi pasar saham dan variabel makroekonomi terhadap IHSG dan kemudian merumuskan rekomendasi strategi meningkatkan kapitalisasi pasar saham. Data variabel makroekonomi yang dianalisis inflasi, harga minyak, harga emas dan indeks Hang Seng dari 2008 sampai 2017. Model penelitian menggunakan Error Correction Model (ECM) dan Analytical Hierarchy Process (AHP). Hasil penelitian menunjukan bahwa secara umum seluruh variabel independen dalam jangka panjang berpengaruh positif signifikan, hanya inflasi berpengaruh negatif signifikan. Pada jangka pendek, kapitalisasi pasar saham, inflasi, harga minya dunia dan HSI berepengaruh signifikan, Sedangkan harga emas tidak berpengaruh signifikan. Kapitalisasi pasar saham dan Indeks Hang Seng berpengaruh positif. Sedangkan inflasi dan harga minyak dunia berpengaruh negative. Koefisien Error Corection Term memiliki pengaruh sebesar – 0,207329 dengan arah negative signifikan pada taraf 5%, menunjukan bahwa proses penyesuaian (Adjusment Mechanism Prosses) pada keseimbangan jangka panjang berlangsung selama 5 triwulan. Kapitalisasi pasar saham dalam jangka pendek dan panjang berpengaruh positif signifikan dan dominan daripada pengaruh variabel makroekonomi. Untuk itu diperlukan strategi meningkatkan kapitalisasi pasar saham. Berdasarkan hasil analisis vertikal AHP, faktor yang menjadi prioritas dalam strategi adalah kebijakan (pasar modal dan moneter). Alternatif strategi yang direkomendasikan mendorong peningkatan investasi saham-saham berkapitalisasi besar. Kata kunci: kapitalisasi, IHSG, makroekonomi, ECM, AHP
MODEL DISEMINASI PENERAPAN MOBILE MONEY DI MASYARAKAT PEDESAAN KABUPATEN TASIKMALAYA Edi Sukmadirana; Kudang Boro Seminar; Muhammad Firdaus; Yandra Arkeman
Jurnal Aplikasi Bisnis dan Manajemen (JABM) Vol. 7 No. 1 (2021): JABM Vol. 7 No. 1, Januari 2021
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.7.1.145

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Tasikmalaya District is one of the West Java regions with good agribusiness potentials in food crops and ruminant livestock. The potentials must be utilized properly to have an impact on regional economic improvements. This research aimed to design a dissemination model for mobile money application in rural communities, especially in Tasikmalaya District, in three sub-districts: Singaparna, Rajapolah, and Ciawi, using a structured approach through Soft System Methodology (SSM). The model must be built in a system, through a four-layered model, with components for each layer: a) Layer-1 consists of values, infrastructure (network, smartphone, merchant), customer capabilities, & regulations; b) Layer-2 consists of institutional support (local government and related agencies); c) Feature, communities, and communication media; d) Sweetener program. In the implementation process, layer-1's readiness is a priority that must be met first, followed by layer-2, layer-3, and layer-4's readiness.Keywords: dissemination model, soft system methodology, mobile money, Tasikmalaya
WHAT MAKES INDONESIA'S SUSTAINABLE INVESTMENT BETTER THAN SHARIAH AND LIQUID? Indra Gunawan; Muhammad Firdaus; Hermanto Siregar; Mulya E. Siregar
Jurnal Aplikasi Bisnis dan Manajemen (JABM) Vol. 7 No. 1 (2021): JABM Vol. 7 No. 1, Januari 2021
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.7.1.202

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This study aimed to compare the performance of SRI-KEHATI, lq45, and JII weekly data set from 2009 to 2020, covering 100 companies' stocks as members of the indices. Data were standardized within index weighting, followed by non-parametric methods as they were not as susceptible to outliers as the parametric tests were. The performance evaluation used both Kruskal-Wallis and Mann-Whitney U tests. The result showed that SRI- KEHATI had the largest average risk and returns, among others, supported by the fact that investors will choose stocks or indices based on financial aspects and values on ethics, religiosity, and liquidity aspects. It also showed that SRI-KEHATI is best suited for collecting financial, social, and ethical returns at the same time. We also found out from the Mann-Whitney U test that one of the reasons for SRI-KEHATI's performance was due to the major allocation to the four major banks. There was a significant difference between SRI-KEHATI and the performance of the four banks that have been the stock movers all the way, so investors could select the cherry-picking strategy focusing on those stocks instead. This study has managerial implications for investors and fund managers looking for competitive returns amongst three indices where SRI investment is favorable, targeting higher return and awareness of the higher risk and volatilities. Keywords: equity, liquid, non-parametric, sharia, sustainable responsible investment
Strategy to Increase Food Security in Bogor Regency Syifa Putri Kusumaningrum; Yusman - Syaukat; Muhammad - Firdaus
JURNAL MANAJEMEN AGRIBISNIS Vol 9 No 2 (2021): OKTOBER 2021
Publisher : Universitas Udayana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24843/JMA.2021.v09.i02.p08

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Sektor pertanian di Kabupaten Bogor mengalami permasalahan berupa peningkatan konversi lahan sawah dan produktivitas padi yang cenderung tidak meningkat. Permasalahan ini menyebabkan produksi padi menjadi tidak optimal sehingga tidak tercapai kemandirian pangan utama di Kabupaten Bogor. Penelitian ini bertujuan untuk merumuskan strategi peningkatan ketahanan pangan Kabupaten Bogor. Metode yang digunakan dalam penelitian ini adalah analisis deskriptif, regresi berganda, SWOT dan QSPM. Hasil analisis regresi berganda menunjukkan bahwa produktivitas berpengaruh signifikan terhadap produksi padi di Kabupaten Bogor, sedangkan konversi lahan tidak berpengaruh signifikan. Perumusan SWOT menghasilkan beberapa rumusan strategis, antara lain kerjasama dengan daerah lain yang surplus beras, pemberdayaan SDM pertanian, revitalisasi pertanian, penghentian konversi lahan, dan peningkatan sinergi program lintas sektor. Hasil analisis QSPM dengan nilai TAS tertinggi adalah menghentikan alih fungsi lahan.
Pola Konsumsi Pangan Non Karbohidrat pada Provinsi Tahan dan Rawan Pangan (Provinsi Kalimantan Timur dan Nusa Tenggara Timur) Tahun 2017 Muhamad Ferdian Saputra; Muhammad Firdaus Firdaus; Tanti Novianti Novianti
AGRARIS: Journal of Agribusiness and Rural Development Research Vol 5, No 2: July-December 2019
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1524.938 KB) | DOI: 10.18196/agr.5282

Abstract

The problem of national food security could not be resolved if the problems at the lowest level (household) did not resolved. One of the effective strategy to achieve food security was increasing food diversification. This study compared the patterns of consumption and the level of diversification of household food among provinces that were resistant to food insecurity. This study used National Socio-Economic Survey (Survei Sosial Ekonomi Nasional/SUSENAS) data from Statistic Indonesia and analyzed using the Berry index and the Almost Ideal Demand System (LA / AIDS) model. This study found that the level of income and the level of food diversification in food secure province (East Kalimantan) were higher than those in food insecure province (East Nusa Tenggara). The patterns of household food consumption in East Nusa Tenggara province was more influenced by changes in income, while East Kalimantan was subject to price changes.
INDUSTRIALISASI PERIKANAN DALAM PENGEMBANGAN WILAYAH DI JAWA TIMUR Hakim Miftakhul Huda; Yeti Lis Purnamadewi; Muhammad Firdaus
TATALOKA Vol 17, No 2 (2015): Volume 17 Number 2, May 2015
Publisher : Diponegoro University

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (606.691 KB) | DOI: 10.14710/tataloka.17.2.99-112

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Disparity of development, poverty and unemployment is one of the main problems of East Java Province. On the other hand East Java province has great potential fishery. This study aims to analyze the role of the fisheries sub-sector in the regional economy of East Java province, knowing the factors that influence the fisheries development and arrange  the fisheries development strategy in  East Java province. Processing data using descriptive analysis, input-output (IO) and multiple linear regression. Fish processing subsector provide the largest multipliers of employment, output and value added among fisheries subsector. Inland fisheries subsector provide the largest of total linkages between fishery subsector, whereas the marine fisheries subsector have the largest of output value among the fishery subsector. Labor and maritime affairs and fisheries budget have a positive influence on the development of fisheries. Fisheries development strategy should be carried out simultaneously between marine, inland and fisheries processing. Fisheries industrialization strategy is expected to increase the value added of fisheries and reduce the disparity of development, poverty and unemployment.
PEMERATAAN SEBAGAI ARAHAN RENCANA DAN STRATEGI PEMBANGUNAN WILAYAH DI KABUPATEN CIANJUR Ganjar Priadi; Atang Sutandi; Muhammad Firdaus
TATALOKA Vol 21, No 3 (2019): Volume 21 No. 3, August 2019
Publisher : Diponegoro University

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (5246.856 KB) | DOI: 10.14710/tataloka.21.3.544-557

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Development planning with equalization approach has a purpose to create sustainable and equitable development in the future. Cianjur Regency has a focus of development policy on economic growth and equity. Different from positive results in economic growth, equitable development efforts have not been implemented properly. This study was aimed to (a) analyze the level of regional development; (b) analyze equalization of development; (c) determine factors affecting development; and (d) formulate direction of regional development plans and strategies. The method used are scalogram, theil index, panel data regression, and descriptive analysis. Results of this study indicated regional development in Cianjur Regency experienced an increase in IPK, but dominated by low hierarchy sub-districts with an average of 61.67%. Condition of equity has decreased with increasing inequality of inter-regional development. Development in Kabupaten Cianjur is significantly influenced by percentage of households using electricity, population density, and number of poor families. Future development plans and strategies must take into account factual conditions that occur for the creation of equity throughout the region.
EXPLORING THE INDONESIAN ECONOMIC LANDSCAPE AND STRUCTURAL CHANGE Muhammad Firdaus; Budi Kurniawan; Sri Mulatsih
Journal of Indonesian Economy and Business (JIEB) Vol 27, No 1 (2012): January
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (335.067 KB) | DOI: 10.22146/jieb.6252

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In assessing the economic impact of a sector or a group of sectors on a single or multiregional economy, input-output analysis has been proven to be a popular method.This paper explores the degree of structural change of the Indonesian economy using the input-output frame work. It examines how linkages among economic sectors have evolved from 1971-2008 and identifies which economic sectors exhibited the highest inter-sectoral linkages. The study finds that manufacturing consistently becomes the key sector in the Indonesian economy. Indonesian cannot afford to leapfrog the industrialization stage and largely depend on a service-oriented economy when the potential for growth still lies primarily in manufacturing. The graphical presentation of inter-industry relationship through the “Multiplier Product Matrix” (MPM) and its associated “economic landscape” provides a visualization of the Indonesian economic landscape for selected years and how it has changed over time.Keywords: economic landscape, structural change, input output model, key sector
Co-Authors ., Harianto Abdul Munif Achmad Fachruddin Adwirman Adwirman Agung Hendriadi Agus Maulana Ahmad Saifi Athoillah Akhmad Fauzi Alla Asmara Aminah, Mimin Amiruddin Saleh Ana Yuliana Jasuni Andriyono Kilat Adhi Anna Fatchiya Ares Gusti Nugraha Arief Hartono Arief Nur Rakhman Asep Kurnia Hidayat Atang Sutandi Auguar Auguar Baba Barus Baban Sarbana Bambang Juanda Bernhard Brummer Bimoseno Sepfrian Bonar M Sinaga Bonar M. Sinaga Budi Kurniawan Bunasor Sanim Dea Amanda Dede Dirgahayu Dedi Budiman Hakim Dedi Walujadi Deni Achmad Soeboer Denis Muba Pandapotan Simanihuruk Dennis Nugroho Prakoso Dewi Siska Dian Verawati Panjaitan Didit Okta Pribadi Dodik Ridho Nurrochmat Dwi W Idaman Dwi Widodo Primantoro Dwi Yandhi Edi Sukmadirana Eka Rudiana Eko Purwo Santosa Ernan Rustiadi Fajri Ryan Isnandar Fuza Ganjar Priadi Gelar Satya Budhi Gemanta Furi Bangun Gilang F Ramdhan Grace S Saragih Hadiwiyono Hadiwiyono Hakim Miftakhul Huda Hartono, Arif Hastuti Hastuti Hastuti Hendrio Fadly Heny Kuswanti Suwarsinah Heri Rahman Hermanto Siregar Idha Widi Arsanti Idqan Fahmi Iik Yani Hidayati Inda Dwi Setiawati Indra Gunawan Indra Gunawan Insan Kurnia Intan Apriadi Iwan Fathi Fauzan Jan Piter Sinaga Januar Arifin Ruslan Khursatul Munibah Kikin H Mutaqin Kudang Boro Seminar Lani Pujiastuti Leo Cahya Trias Putra Rachman Lukytawati Anggraeni M Parulian Hutagaol M. Parulian Hutagaol Muhamad Ferdian Saputra Muhammad Iqbal Mulya E. Siregar Mulya E. Siregar Naafi Fatimah Harwanti Nasrudin Netti Tinaprilla nFN Kuntjoro nFN Sumedi Pantjar Simatupang Perdana Wahyu Santosa Purwanto, Budi Purwono Nugroho Purwono Purwono Rangga Wisanggara Renaldo Prima Sutikno Ridwan Kun Satria Rika S Dewi Rina Oktaviani Rina Oktaviani Riska Pujiati Rita Yuliana Roy Sembel Ruri Risnawati Said Said Saputra, Muhamad Ferdian Setia Hadi Setia Murningsih Sharah Gita Kalila Lubis Siti Nurkomariyah Sri Hartoyo Sri Mulatsih Suharno Syifa Putri Kusumaningrum Tanti Novianti Tb. Nur Ahmad Maulana Trias Andati Trias Andati Tyas D Djuanda Udi Kusdinar Wawan G Gunawani Widyastutik Yandra Arkeman Yeti Lis Purnamadewi Yusman Syaukat