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Analysis of the cause of loss of PT. Asuransi Jiwasraya (Persero) Girang Permata Gusti
JURNAL MANAJEMEN DAN BISNIS SRIWIJAYA Vol 17, No 4 (2019): Jurnal Manajemen dan Bisnis Sriwijaya
Publisher : Program Studi Magister Manajemen FE Unsri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29259/jmbs.v17i4.11112

Abstract

Research purposes – to analyse the causes of losses faced by PT. Asuransi Jiwasraya and review in more detail, what are the factors of the cause of the financial problems faced by Jiwasraya, so that the company has stood for 160 years With assets in the year 2017 of 45 trillion rupiah, a sudden loss of 13 trillion rupiah with a debt of 49 trillion rupiah in 2019.Design / Methodology / Approach – This research uses descriptive research method, which aims to explain a phenomenon or event systematically and as it is, this research was conducted to obtain information about the previous situation and the current situation to be analyzed so that the core of the problem that causes the research can be found. This study uses a case study model that occurred at PT. Asuransi Jiwasraya, which is experiencing financial problems due to mismanagement and misplacement of customers 'investment funds, has caused it to be unable to return investment funds and pay customers' investment interest.Finding – (1) Management's mistake in placing the customer's investment fund is the main cause of insurance payment to the customer. (2) JS Saving is a not unit link investment where the risk is entirely borne by the insurance company. The lure of a High Return JS Saving Plan is offered with a guaranteed return of 9 percent to 13 percent from 2013 to 2018 with a disbursement period every year. (3) Jiwasraya manipulates its financial statements so that they can look good to investors. (4) Management is too aggressive in investing to pursue the company's profit targets and target payment obligations to all customers who buy investment products.Research limitations – This research is limited to cases that occur in the insurance company Jiwasraya, with no comparison with other insurance companies or other investment companies.Originality/value – The authenticity of the analysis and observation to obtain valid and accountable data, the results are used to find the main cause of the losses that occur at the insurance company under study. Keywords: Jiwasraya Insurance; Stock Investment; Mismanagement
Which Stock Market Index Performed Positively During The Covid-19 Outbreak?: From Economic Perspective With Differential Test Analysis Girang Permata Gusti; Rudi Triadi Yuliarto; Novira Kusrini
Journal of International Conference Proceedings (JICP) Vol 4, No 2 (2021): Vol 4, No 2 (2021): Proceedings of the 10th International Conference of Project
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v4i2.1237

Abstract

The purpose of this study is to research the world's major stock indexes that have performed positively during the COVID-19 outbreak. This study uses a quantitative method using different test analyses, by comparing the typical stock market index prices from January to August 2019, 2020, and 2021. The research sample used is 45 major world stock indices, with the source of compiling and collecting data on the investing.com website. The results showed that the stock indexes of US NASDAQ Composite (IXIC), Denmark (OMX Copenhagen 25), New Zealand (Dow Jones New Zealand), Russia (MOEX), Taiwan (Taiwan Weighted), and Turkey BIST 100 (XU100) had a positive impact and significantly during the COVID-19 outbreak. Countries that have a quick response in dealing with Covid-19, will have better preparations to prevent deaths and economic downturn, than countries that underestimate this outbreak.
The Mediation Role of Trust from Past Experience on Market Orientation and MSME Performance: A Quantive Study During the Covid-19 Pandemic in Indonesia Rudi Triadi Yuliarto; Girang Permata Gusti
Journal of International Conference Proceedings (JICP) Vol 4, No 2 (2021): Vol 4, No 2 (2021): Proceedings of the 10th International Conference of Project
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v4i2.1238

Abstract

This research investigates the impact of market orientation on MSME performance with attention to the mediating role of trust in past experiences. The connection was examined using CB-SEM with a sample of 267 MSME managers in Indonesia, with a structured questionnaire design on a 7-point Likert scale. The finding of this research is that trust in past experience has a crucial role in improving the connection between market orientation and MSME performance. By listening to the success of previous transactions, consumers are going to be more confident to shop for these MSME products, which needless to say will affect increasing MSME performance in terms of total sales.
The Role of Digital Innovation in Improving Financial Performance in MSMEs in Indonesia Girang Permata Gusti; Rudi Triadi Yuliarto
Journal of International Conference Proceedings (JICP) Vol 5, No 3 (2022): 2022 BICAB International Conference Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v5i3.1779

Abstract

This study aims to fill the research gap that occurs between digital orientation and digital capability on financial performance. In previous research, there are still relatively few research models on financial performance that include digital innovation in the research model, on this basis, this study tries to examine the role of digital innovation, whether it can mediate the relationship between these two variables. This research uses descriptive method with associative research design. The data collection method used is the test technique to measure the knowledge of the respondents and by distributing a questionnaire with the lingkert's scale which is selected randomly in the population with certain criteria (purposive sampling), with a total of 200 MSMEs as respondents. The result of this research is that all hypotheses are accepted. For business managers, digital innovation is an important thing to do. The more innovated, the greater the opportunity to improve the financial performance of the business being run.