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Analysis of Capital Market Reactions To The Merger of Indonesian Sharia Banks: BRIS Stocks Evidence Grisvia Agustin
Jurnal Keuangan dan Perbankan Vol 26, No 3 (2022): JULY 2022
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jkdp.v26i3.7678

Abstract

This study aims to obtain evidence of the stock market’s reaction to the merger of Indonesian Islamic banks and its prediction power to JCI. The variables used in this study are abnormal returns and trading volume activity with an observation period of 60 days before the event and 60 days after the event. We use 2 types of time series data, which are daily data to analyze AR and trading volume activity, and weekly data to analyze the causality relationship. The results showed that there were no differences in abnormal returns before and after the merger, but there were differences in trading volume activity before and after the merger. In addition, this study also aims to determine the reciprocal relationship using Granger causality between the JCI and BRIS stocks prices before and after the merger of Indonesian Islamic banks. The results of the study show that there is no reciprocal relationship between the Composite Stocks Price Index and the stock’s price of BRIS and vice versa.
The Impact of Organizational on the Achievement Index Akbarti Na'ima; Nasikh; Grisvia Agustin
International Journal of Economics and Management Research Vol. 1 No. 3 (2022): December: International Journal of Economics and Management Research
Publisher : Pusat Riset dan Inovasi Nasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1185.054 KB) | DOI: 10.55606/ijemr.v1i3.47

Abstract

In addition to studying, students choose to study while participating in organizing activities to fill their free time. However, the joining of students in organizations has both positive and negative impacts. The Achievement Index (IP) can be used as a benchmark for the maturity of a student's cognitive abilities. Researchers use qualitative methods with a phenomenological approach. The determination of informants uses purposive sampling with the criteria for students majoring in Development Economics (EKP) UM class of 2018 who follow the organization. Data collection was carried out with in-depth interviews and documentation. The results of the study found several findings, namely students majoring in EKP 2018 have IP in the good category above 3.50 and have increased when participating in organizations, but among them have experienced a decrease, but not significant. Students have also been and often are not present in lectures on dispense grounds. Other impacts beyond academic achievement include gaining a lot of experience, gaining relationships, mastering public speaking, understanding various backgrounds of people, knowing how to work in a team, and experiencing the external experience of the campus
RURAL TOURISM AS AN ECONOMIC POTENTIAL FOR PEOPLE IN MALANG RAYA: RURAL TOURISM AS AN ECONOMIC POTENTIAL FOR PEOPLE IN MALANG RAYA Siti Khusnul Rofiah; Nasikh Nasikh; Grisvia Agustin
International Journal of Economics and Management Research Vol. 1 No. 3 (2022): December: International Journal of Economics and Management Research
Publisher : Pusat Riset dan Inovasi Nasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (792.85 KB) | DOI: 10.55606/ijemr.v1i3.50

Abstract

The development of tourist villages is one way to encourage regional economic growth. This research examines the potential of the tourist village of the colorful village of Jodipan, Coban Putri and the tourist village of Pujon which represent tourist attractions in Batu City, Malang City and Malang Regency. The presence of rural tourist destinations brings fresh air to the community. The indicator of the success of the development of this tourism god certainly depends on the mindset of the surrounding community in developing tourism potential with the local wisdom of the village. Of course, the existence of rural tourism in Malang Raya will support regional income and will certainly have a positive impact on increasing national income, reducing poverty and opening new jobs.
Analysis of The Effect of Work Stress and Work Environment on Employee Performance Arema Aremania Bersatu Berprestasi Indonesia Ltd. Eirene Yonastasia Riyadi; Dwi Wulandari; Grisvia Agustin
Journal Research of Social Science, Economics, and Management Vol. 1 No. 5 (2021): Journal Research of Social Science, Economics and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (296.852 KB) | DOI: 10.59141/jrssem.v1i5.48

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One of the determinants of a company's progress, both service and non-service, is the resources it has. The company or a business entity feels that the company's goals will not be achieved without quality resources. However, they often do not realize that companies only make employees or their resources tools/assets to achieve company goals, not as individuals who need recognition and appreciation. This study aimed to analyze How much influence the work environment and work stress have on employee performance at Arema Aremania Bersatu Berprestasi Indonesia Ltd. In this study, the independent variables are Work Stress (X1) and Work Environment (X2), while the dependent variable is Employee Performance (Y). This type of research is quantitative research analyzed using statistics. The number of samples obtained by using a saturated sample that makes the entire population of Arema Aremania Bersatu Berprestasi Indonesia Ltd. became a sample of 63 respondents. This Analysis uses multiple linear regression analysis. The results showed that Work Stress and Work Environment influence Employee Performance.
Analisis hubungan antara literasi keuangan, perilaku keuangan, dan kepuasan keuangan Fajrin Nur Hidayah; Grisvia Agustin
Jurnal Ekonomi, Bisnis dan Pendidikan (JEBP) Vol. 1 No. 9 (2021)
Publisher : Universitas Negeri Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (821.89 KB) | DOI: 10.17977/um066v1i92021p854-861

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Abstract The purpose of this research is to investigate causal relationship between financial literacy and financial behavior, financial behavior and financial satisfaction, and between financial literacy and financial satisfaction. The analysis technique used was Granger Causality analysis. The research data was obtained using questionnaire distributed to 100 respondents. The repondents are Indonesian citizens in productive age (15-64 years). The results show a one-way causality between financial literacy and financial behavior, between financial behavior and financial satisfaction, but there is no causality relationship (independence) between financial literacy and financial satisfaction. Abstrak Penelitian ini bertujuan untuk mengetahui hubungan sebab akibat dari literasi finansial dan perilaku finansial, perilaku finansial dan kepuasan finansial, serta antara literasi finansial dan kepuasan finansial. Teknik analisis yang digunakan adalah analisa Granger Causality. Data dikumpulkan dengan menggunakn kuesioner yang dibagikan kepada 100 responden. Para responden adalah warga Indonesia berusia produktif (15-64) tahun. Hasil yang didapatkan menunjukkan adanya hubungan sebab akibat antara literasi finansial dengan perilaku financial, serta antara perilaku finansial dankepuasan finansial. Sementara hubungan antar literasi finansial dan kepuasan finansial tidak ditemukan.
Analisis variabel makroekonomi terhadap return saham small capital sektor perbankan tahun 2016-2019 Endang Miftaqul Khairiyah; Grisvia Agustin
Jurnal Ekonomi, Bisnis dan Pendidikan (JEBP) Vol. 1 No. 10 (2021)
Publisher : Universitas Negeri Malang

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Abstract

Abstract This study aims to analyze macroeconomic variables that influence stock returns, especially small capital stocks in the banking sector 2016-2019. Macroeconomic variables used are inflation, BI Rate and Exchange rate uses quantitative approach with multiple linear regression analysis models through STATA16 application. The analysis showed that partially the BI rate has a significant negative effect on stock returns, inflation and the exchange rate had a significant positive effect on stock returns. Simultaneously, macroeconomic variables have a significant effect on stock returns. Abstrak Penelitian ini bertujuan untuk menganalisis variabel makroekonomi yang mempengaruhi return saham khususnya saham small capital sektor perbankan tahun 2016-2019. Variabel makroekonomi yang digunakan adalah Inflasi, BI Rate dan Kurs dengan menggunakan pendekatan kuantitatif deskriptif menggunakan metode analisis regresi linier berganda melalui aplikasi STATA16. Hasil penelitian menunjukkan bahwa secara parsial BI rate berpengaruh negatif signifikan terhadap return saham, inflasi dan kurs berpengaruh positif signifikan terhadap return saham. Secara simultan variabel makroekonomi berpengaruh signifikan terhadap return saham.
Analisis faktor-faktor yang mempengaruhi kredit bermasalah pada bank swasta nasional kelompok buku 3 tahun 2018-2020 Reinanda Putri Salsabillah; Grisvia Agustin
Jurnal Ekonomi, Bisnis dan Pendidikan (JEBP) Vol. 2 No. 4 (2022)
Publisher : Universitas Negeri Malang

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Abstract

Non Performing Loan (NPL) is a ratio that shows the ability of bank management to manage non-performing loans provided by related banks. Bank Indonesia has set a non-performing loan ratio of 5%. Non-Performing Loans reflect credit risk, the higher the NPL ratio, the worse the bank's credit quality, which will cause the number of non-performing loans to increase. Conversely, if the NPL ratio is smaller, the credit risk borne by the bank will also be smaller. This study aims to examine the factors that influence non-performing loans at National Private Banks BUKU 3 Group in 2018-2020. The independent variables used in this study are CAR, LDR, BOPO, NSFR and retail prime lending rates. This study uses multiple linear regression methods to determine the effect between variables using panel data from 8 national private banks for 3 years (2018-2020). Data processing using e-views 09 software. The results showed that CAR, LDR, BOPO, and Retail SBDK had a positive and significant effect on non-performing loans, while NSFR had a negative and significant effect on non-performing loans. Non Performing Loan (NPL) adalah rasio yang menunjukkan kemampuan manajemen bank dalam mengelola kredit bermasalah yang diberikan oleh bank terkait. Bank Indonesia menetapkan rasio kredit bermasalah sebesar 5%. Non Performing Loan mencerminkan risiko kredit, semakin tinggi rasio NPL maka semakin buruk kualitas kredit bank yang akan menyebabkan jumlah kredit bermasalah semakin meningkat. Sebaliknya jika rasio NPL semakin kecil maka risiko kredit yang ditanggung bank juga semakin kecil. Penelitian ini bertujuan untuk mengkaji faktor-faktor yang mempengaruhi kredit bermasalah pada Bank Swasta Nasional Kelompok BUKU 3 Tahun 2018-2020. Variabel bebas yang digunakan dalam penelitian ini adalah CAR, LDR, BOPO, NSFR dan SBDK Ritel. Penelitian ini menggunakan metode regresi linier berganda untuk mengetahui pengaruh antar variabel menggunakan data panel dari 8 bank swasta nasional selama 3 tahun (2018-2020). Pengolahan data menggunakan software e-views 09. Hasil penelitian menunjukkan bahwa CAR, LDR, BOPO, dan SBDK Ritel berpengaruh positif dan signifikan terhadap kredit bermasalah, sedangkan NSFR berpengaruh negatif dan signifikan terhadap kredit bermasalah.
THE INFLUENCE OF ORGANIZATIONS ENGAGEMENT AND LEARNING ACHIEVEMENT ON WORKING READINESS OF DEVELOPMENT ECONOMICS DEPARTMENT STUDENT CLASS OF 2017 UNIVERSITAS NEGERI MALANG Ashif Chumaida Sari; Nasikh Nasikh; Grisvia Agustin
International Journal of Economics, Business and Innovation Research Vol. 1 No. 01 (2022): November, International Journal of Economics, Business and Innovation Research
Publisher : Cita konsultindo

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Abstract

This study aims to the influence of organizations engagement and learning achievement on working readiness of development economics department student class of 2017 Universitas Negeri Malang. The research method uses descriptive quantitative. The population of this research is all of student of the Development Economics Department class of 2017, Universitas Negeri Malang. The technique used sampling is simple random sampling. This study used a sample of students with indications of being active in organizations. The instruments used are quistionnaires and documentation. The result of the study show that adjusted R square value of 0.424, it can be stated that organizations engagement and learning achievement contributed 41.9% to the work readiness of students of Development Economics Department class of 2017, Universitas Negeri Malang. While 58.1% is explained by other variables not examined in this study.
Economic growth in OPEC nations: The role of renewable energy consumption, CO2 emissions, and foreign direct investment Camila, Elmira Mufliha; Agustin, Grisvia; Sumarsono, Hadi
Social, Ecology, Economy for Sustainable Development Goals Journal Vol. 2 No. 1: (July) 2024
Publisher : Institute for Advanced Science Social, and Sustainable Future

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61511/seesdgj.v2i1.2024.994

Abstract

Background: The nations that make up OPEC (the Organization of the Petroleum Exporting Countries) have traditionally depended on gas and oil export earnings. However, there is a significant global shift towards renewable energy in an effort to reduce the impact of climate change. This research aims to analyze the effect of Renewable Energy Consumption, CO2 Emissions, and Foreign Direct Investment (FDI) on the Economic Growth in OPEC Nations partially and simultaneously. Methods: In this research, panel data regression analysis techniques are combined with quantitative research approaches. Secondary data from the World Development Indicators (WDI) for the years 2001–2020 were used in this research. Finding: This research showed that the Renewable Energy Consumption and CO2 Emissions variables do not affect economic growth in OPEC countries. Meanwhile, the foreign direct investment variable has a positive and significant effect on economic growth in OPEC countries. Conclusion: OPEC countries need to diversify their economies and CO2 reduce their dependence on oil as there is a global shift towards cleaner energy. Novelty/Originality of this article:  This study analyzes the impact of Renewable Energy Consumption, CO2 Emissions, and Foreign Direct Investment on Economic Growth in OPEC countries using panel data regression analysis. The study's findings show that only Foreign Direct Investment positively and significantly impacts economic growth.
Analysing the Environmental Consequences of Economic Dynamics: Oil Rents, Economic Growth, and Foreign Direct Investment on CO2 Emissions in OPEC Countries Camila, Elmira Mufliha; Grisvia Agustin; Hadi Sumarsono
Social Science Studies Vol. 4 No. 5 (2024): Issue: September
Publisher : Profesional Muda Cendekia Publishing

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

Abstract

of economic activities in OPEC countries by examining how oil rents, economic growth, and foreign direct investment (FDI) influence CO2 emissions. It seeks to understand the individual and combined effects of these factors on environmental outcomes. The study will investigate how revenue from oil production, the rate of economic growth, and the level of foreign investment contribute to carbon dioxide emissions. Additionally, the research aims to provide policy recommendations to help mitigate CO2 emissions in these countries while considering their economic dynamics. Design/methodology/approach: This research uses quantitative methods, which are methods designed to test theories, show relationships between variables, provide statistical descriptions, and interpret the results Research Findings: Based on the results of the research conducted on the effect of Oil Rents, Economic Growth, and Foreign Direct Investment on CO2 Emissions in OPEC countries, the conclusion is that the variables of Oil Rents, Economic Growth, and Foreign Direct Investment individually do not affect CO2 Emissions in OPEC countries. However, when considered simultaneously, the variables of Oil Rents, Economic Growth, and Foreign Direct Investment do affect CO2 Emissions in OPEC countries Theoretical Contribution/Originality: The implications of the results from this study can provide valuable insights for policymakers in OPEC countries on how to manage Oil Rents, foster sustainable economic growth, and attract environmentally friendly FDI. The urgency is to equip policymakers with the necessary information to design and implement policies that support the energy transition, reduce CO2 emissions, and improve long-term economic welfare