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All Journal Jurnal Manajemen dan Agribisnis Jurnal Aplikasi Bisnis dan Manajemen (JABM) E-Journal Business Review and Case Studies
Asaduddin Abdullah
School of Business, IPB University
Agriculture, Biological Sciences & Forestry Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

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THE EFFECTIVENESS OF THE SALT POLICY IN INDONESIA Suhendi; Asaduddin Abdullah; Fithriyyah Shalihati
Jurnal Manajemen & Agribisnis Vol. 17 No. 3 (2020): JMA Vol. 17 No. 3, November 2020
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jma.17.3.315

Abstract

In general, the goal of a policy is to achieve public welfare through regulations made by the government. Regulations are generally made because they are required to regulate the interests of the communities. Salt is an important commodity demanded by the people in Indonesia. In adition, Indonesia is a country with the second longest coastline in the world; therefore, it has a potential to produce salt and achieve self-sufficiency. However, the national salt production has not been able to meet the demand for salt, especially in meeting the needs for industrial salt. To overcome this problem, the government issued a policy of procuring salt through imports with the hope that industrial needs are met and simultaneously domestic salt production can be increased. The objective of this paper is to analyze the effectiveness of the government policies related to salt by adopting the Regulatory Impact Analysis (RIA) approach. Data and information were obtained through focus group discussions with relevant stakeholders and literature studies analyzed using the RIA approach. The results of this study concluded that the salt policies in Indonesia, especially related to the policy of salt imports, has not been effective. Strategies and corrective actions must be taken so that they can be optimally effective. Strategies that can be carried out include improving the import salt trade system through strengthening the data collection system, monitoring the running of local salt businesses and enforcing laws. The combination between improving the quality of salt produced by the local farmers and guaranteeing the salt prices at the farmer level will accelerate the achievement of the policy objectives. Keywords: self-sufficiency, public policy, imports, farmers, regulatory impact analysis
BANKRUPTCY ANALYSIS OF NATIONAL AIRLINES COMPANIES IN REGIONAL ASIA AFTER COVID-19 PANDEMIC Asaduddin Abdullah; Noer Azam Achsani; Suhendi
Jurnal Aplikasi Bisnis dan Manajemen (JABM) Vol. 6 No. 3 (2020): JABM Vol. 6 No. 3, September 2020
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.6.3.691

Abstract

The Corona Virus Disease (COVID-19) was declared a worldwide pandemic by the World Health Organization (WHO) on March 11, 2020. The main pandemic countermeasure with physical distancing and limitation to travel heavily damaged the airline industry around the world, which slumps the direct revenue to the company. Hence, the industry should utilize this tight cash flow and the volatility business due to high operating costs and the high cost of labor. This situation could be worsening to the various national carrier in Asia already performs poorly far before COVID-19. Therefore, this research will predict the bankruptcy of four national airline companies in regional Asia using a modified version of Altman Z Score and Zmijewski Model. This research will show the current and future condition of financial performance in each company. Those National Airlines, namely PT Garuda Indonesia Tbk. (IHSG: GIAA), Singapore Airlines Ltd. (SGX: CL6), Thai Airways International (BKK: THAI), and Eva Air (TPE:2618). This study's results indicate financial distress and possibly to be bankrupt for two national airlines company, especially in Garuda Indonesia and Thai Airways, compared to other selected national airlines. Thus, those financial distress companies should carefully allocate remaining assets, liquidate the unproductive entities, and perform a company reconstruction to avoid bankruptcy in the future. Keywords: covid-19, bankruptcy analysis, regional airlines industry, modified altman z-score, financial distress
A Comparative Analysis of Social Enterprise in South Korea and Indonesia Intan Delia Rustandi; Agustina Widi Palupiningrum‬; Asaduddin Abdullah
Business Review and Case Studies Vol. 4 No. 1 (2023): BRCS, Vol 4 No 1, April 2023
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/brcs.4.1.81

Abstract

Social enterprise (or, institutionally, social business) is a business practice that focuses on social activities in which both market and government fail to deliver social benefit, welfare, justice, and sustainability. Some countries such as South Korea, the United Kingdom, the USA, and others have progressively developed a suitable ecosystem for social enterprise. Indonesia, with its growing social enterprises in society, also needs a suitable and favorable ecosystem to ascertain the progress and sustainability of such enterprises. This study is intended to design a business ecosystem ideal for Indonesia’s social enterprises. It was conducted by comparative analysis of the social enterprise ecosystem in Indonesia and South Korea South Korea is considered a country with the most progressive social enterprises in Asia through a systematic literature review. The comparative analysis result is further analyzed using the BEEP (Babson Entrepreneurship Ecosystem Project) Model. This study shows that there are several significant differences and gaps between Indonesia and South Korea’s business ecosystem for fostering the progress of social enterprises notably in the areas of government policy, finance, and human capital in which Indonesia needs to reflect on developing and fostering her social enterprise ecosystem. The interplay of factors and players of the social business ecosystem in Indonesia will thrive if the government can properly nurture existing social culture, promote proper policies, roll out appropriate and accessible levels of the playing field, and develop a consistent and impartial legal framework. Keywords: social enterprise ecosystem, social business, entrepreneurship ecosystem, systematic literature review
Competing With Ride-Hailing Startups: Business Transformation Strategies for Conventional Taxi Companies in Indonesia Asaduddin Abdullah; Raden Isma Anggraini; Dikky Indrawan
Business Review and Case Studies Vol. 4 No. 3 (2023): BRCS, Vol 4 No 3, December 2023
Publisher : School of Business, IPB University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/brcs.4.3.280

Abstract

The emergence of ride-hailing startups has dramatically changed the transportation landscape, threatening the existence of conventional taxi services. These new players have disrupted the traditional taxi industry, challenged their market share, and forced conventional taxi companies to adapt to changing consumer demands. As a result, conventional taxi companies like PT XYZ in Indonesia need to implement effective business transformation strategies to stay competitive and maintain their position in the market. This research implements a quantitative and qualitative descriptive approach and uses data analysis techniques, namely the IFE, EFE, IE matrix, QSPM, and Business Transformation Domain. The IFE analysis showed that a strong and strategic taxi distribution network in major cities was PT XYZ's main strength, while the company's financial position was a weakness. The EFE analysis identifies the high level of mobility and transportation needs as opportunity factors, while the standardization of fares, the number of fleets, and the lack of identity of online ride-hailing are threat factors. PT XYZ could implement the five domains of the digital transformation framework by increasing its business value by offering innovative taxi services, expanding service networks, improving customer interaction, developing business innovation through technology, utilizing data and analytics, and focusing on the company's strengths to compete with online taxi companies. Keywords: business competitiveness, business transformation, digital transformation domains, IE Matrix, QSPM
Co-Authors Agustina Widi Palupiningrum‬ Dikky Indrawan Erliza Noor Intan Delia Rustandi Raden Isma Anggraini Shalihati, Fithriyyah Suhendi