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The Impact of Banking Competition on Bank Financial Stability: Evidence from ASEAN 5 Countries Mahjus Ekananda
ETIKONOMI Vol 22, No 2 (2023)
Publisher : Faculty of Economic and Business

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15408/etk.v22i2.31003

Abstract

In the era of the global economy, increasing banking competition will encourage an increase in banking transactions and activities. Banking transactions and activities will affect a country's financial stability. The purpose is to obtain the nonlinear effect of banking competition on financial stability at a specific regime. Previous research assumed that this impact applies to every economic regime. The impact of banking competition on financial stability can change at certain regime levels. Nonlinear impact occurs according to the regime. The method is based on a nonlinear threshold regression model. The researchers obtained the data from five ASEAN countries. The findings of this research are in-depth information about the financial system stability model. Analysis of the effect of variance supports the inconsistency of the effects found by several previous researchers. Practical implications are aimed at policymakers to make different decisions at the GDP level, CAR and Liquidity. The economic regime in each country is different, so this analysis is constructive for policymakers to see the conditions of banking competition and financial system stability at a certain regime level. The originality article systematically offers an analysis that assumes the effect can change at a certain regime level.JEL Classification: E5, G15, G01, G32, C24How to Cite:Ekananda, M. (2023). The Impact of Banking Competition on Bank Financial Stability: Evidence from ASEAN 5 Countries. Etikonomi, 22(2), 409 – 428. https://doi.org/10.15408/etk.v22i2.31003.
Pengaruh Sistem Informasi Keuangan dan Pengawasan Keuangan Terhadap Kinerja Pengelolaan Keuangan yang Dimediasi Komitmen Organisasi Lusy Farina; Mahjus Ekananda; Fatia Fatimah
JURNAL SOSIAL EKONOMI DAN HUMANIORA Vol. 9 No. 3 (2023): JURNAL SOSIAL EKONOMI DAN HUMANIORA
Publisher : Universitas Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/jseh.v9i3.384

Abstract

This research was conducted with the aim of knowing the effect of information systems and financial supervision on financial management performance, mediated by organizational commitment. The study population consisted of 240 UPBJJ-UT employees, and samples were taken using a purposive sampling technique with the Slovin formula, so that 155 respondents were obtained. The data analysis method used is Structural Equation Modeling-Partial Least Square (SEM-PLS) with the help of Smart-PLS version 3.0 software. The results of the study show that the financial information system has a positive, but not significant, effect on financial management performance. However, the financial information system has a positive and significant effect on organizational commitment. Meanwhile, financial supervision has a positive and significant effect on both financial management performance and organizational commitment. Finally, organizational commitment has a positive and significant effect on financial management performance. In addition, organizational commitment can also mediate information systems and financial supervision in influencing financial management performance. Therefore, the researcher recommends that the financial information system be revised periodically and aspects of financial supervision are further enhanced by authorizing the management of financial transactions. In addition, it is necessary to improve more intensive communication between management and employees to increase organizational commitment, so that financial performance can be further improved.
The Impact of Trans Sumatra Toll Road on the Retail Industry Gunawan Kusumaatmaja; Mahjus Ekananda
EKO-REGIONAL Vol 18, No 2 (2023)
Publisher : Jurusan Ilmu Ekonomi dan Studi Pembangunan Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32424/1.erjpe.2023.18.2.3449

Abstract

The presence of a Trans Sumatra toll road in a region can promote national economic growth. The construction of a Trans Sumatra toll road also stimulates economic development in the region through which it passes. Applying the standard difference-in-difference (DiD) method, this study is to assess the impact of the Trans Sumatra toll road in 3494 villages from 2006 to 2019. It indicates that there was an average increase of 0.30 minimarkets in the villages that pass through the toll road compared to those that do not. Additionally, the effect of the increase in minimarkets is greater in villages located near the gate toll. The result indicates that there are an average of 0.90 more minimarkets in villages near the gate toll than in those that do not pass through the toll road. Even after controlling using variable control conflict and topography, this study's findings remain consistent. One of the strategic projects of the Indonesian government is the Trans Sumatra toll road, which is intended to boost the national economy by increasing regional development on the island of Sumatra.
Analisa Pengaruh Rasio Keuangan Terhadap Pertumbuhan Harga Saham Bank Buku IV Yang Terdaftar Di Bursa Efek Indonesia Fralus Dolfy Ellyson; Mahjus Ekananda Sitompul; Etty Puji Lestari
Cakrawala Repositori IMWI Vol. 6 No. 4 (2023): Cakrawala Repositori IMWI
Publisher : Institut Manajemen Wiyata Indonesia & Asosiasi Peneliti Manajemen Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52851/cakrawala.v6i4.409

Abstract

Research on the effect of financial ratios on stock prices has been carried out on various research objects, but specifically examining the effect of financial ratios specifically on the growth of BUKU IV bank stock prices has never been done so that research is needed to reveal what the effect of financial ratios consisting of Net Profit Margin ( NPM), Return On Equity (ROE), Debt to Equity Ratio (DER) and Current Ratio (CR) to the growth of BUKU IV bank stock prices. The research sample was taken from banking companies in the BUKU IV category as many as 7 companies that have been listed on the Indonesia Stock Exchange for the period 2017 to 2019. The sampling method was purposive sampling using secondary data in the form of quarterly financial reports published through the Indonesia Stock Exchange website. The data were analyzed using the E-views econometrics program version 10. through the estimation stages of panel data regression model selection, normality test, heteroscedasticity test, multicollinearity test and then hypothesis testing. The results showed that partially Net Profit Margin (NPM) and Debt to Equity Ratio (DER) had a significant effect on stock price growth, while Return On Equity (ROE) and Current Ratio (CR) did not. significant effect on the growth of BUKU IV bank stock prices. However, simultaneously Net Profit Margin (NPM), Return On Equity (ROE), Debt to Equity Ratio (DER) and Current Ratio (CR) have no effect on the growth of BUKU IV bank stock prices, so there are other independent variables that are not included in the study which affect the growth of stock prices.
Analisis Fenomena Heterogenous Dampak Perubahan Nilai Tukar terhadap Inflasi di ASEAN-5 Rawang, Ashadi Asral; Ekananda, Mahjus
Jurnal Ekonomi dan Pembangunan Indonesia Vol. 22, No. 1
Publisher : UI Scholars Hub

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Abstract

Asian’s financial crisis in 1997/1998 is a crisis that caused by exchange rate change which is contagious from one to another country. By having an active regional financial cooperation, this crisis can be prevented better. In the context of regional coordination, it is important to know the impact of exchange rate on inflation, whether it has a homogenous or heterogenous impact across ASEAN countries. By forming data panel of ASEAN-5, using broadmoney, trade openness and trading partner inflation rate as control variable with FGLS Estimator, it is known that the impact of exchange rate on Inflation in ASEAN-5 is heterogeneous.
Regresi Ambang untuk Mendalami Pengaruh Nonlinier Kekuatan Pasar terhadap Pinjaman Bank di ASEAN-5 Ekananda, Mahjus
Jurnal Ekonomi dan Pembangunan Indonesia Vol. 23, No. 1
Publisher : UI Scholars Hub

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Abstract

Credit distribution has developed rapidly in the ASEAN region and it is largely dominated by the banking sector compared to other financial institutions. This study explores the effects of various changes to the GDP growth regime, firm size, and monetary policy. The objects of this research are commercial banks in ASEAN-5 from year 2010 to 2019. This study utilises the threshold regression method and a single proxy to measure market power. Results of this study found that monetary policy and market forces affect productive credit. Changes in impact that occur are mostly due to different behavior between banks in response to different regulations. In addition, the response of economic actors differs on different levels of GDP growth and monetary policies.
The Nonlinear Impact of Payment System Innovation on Financial System Stability in the ASEAN-4 Countries Ekananda, Mahjus
Economics and Finance in Indonesia Vol. 68, No. 2
Publisher : UI Scholars Hub

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Abstract

The increasing growth of financial system encourages payment system innovation that can affect financial system stability, particularly in ASEAN countries. This study explored a variety of payment system innovation, i.e. debit cards, credit cards, electronic money, and RTGS. The financial system stability index is measured by calculating the composite indexes of non-performing loans, Z-score from ROA and CAR, share price volatility, and yield bonds. The components of the indexes are structured to reflect risks from the banking, stock, and bond markets. The resulting index value indicates the level of risk in the financial system. A higher index specifies a higher risk and a more vulnerable financial system. Furthermore, it is noted that the effects of the independent variable can change according to economic conditions. The panel threshold model was applied to calculate the effects of various regimes, namely innovation, GDP, credit ratio, and stability index. The panel data were obtained from the ASEAN-4 countries (Indonesia, Malaysia, Thailand, and the Philippines) from 2012 to 2020. The panel threshold analysis shows an increase in the value of debit card, credit card, and RTGS transactions. Specifically, innovation and GDPR negatively affect the stability index. Increasing the value of payment system innovation will decrease the risk to financial system stability in ASEAN countries. The monetary authorities of each country can implement these findings by considering the rapid development of payment system innovation and the danger it may pose to financial system stability.
Dynamic Analysis of Trade Misinvoicing and VAT in Developing Countries : Dynamic Panel Data Model Yanuar Irawan; Mahjus Ekananda
International Journal of Economics Development Research (IJEDR) Vol. 4 No. 3 (2023): International Journal of Economics Development Research (IJEDR)
Publisher : Yayasan Riset dan Pengembangan Intelektual

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/ijedr.v5i1.2635

Abstract

The study aims to analyze the effect of trade misinvoicing on VAT and the role of regulatory quality in reducing the effect of trade misinvoicing on VAT. The study uses a panel data structure with a sample of 53 developing countries from 2002 to 2019. It is estimated using static and dynamic panel approaches using the GMM model. The estimation results show that trade misinvoicing significantly reduces VAT, but regulatory quality does not reduce the effect of trade misinvoicing on VAT. The study also shows that regulatory quality affects increasing VAT, and the previous period's VAT revenue also has a positive and significant effect on VAT revenue for the current period. By region group, trade misinvoicing experienced by countries in Europe & Central Asia and Middle-East & North Africa affected the decline in VAT.
Driving performance insights into business strategies at raja ahmad tabib regional hospital riau islands province Mohd. Syahril Hafizh; Mahjus Ekananda Sitompul; Faizal Madya; Pahrudin Pahrudin
International Journal on Social Science, Economics and Art Vol. 14 No. 1 (2024): May: Social Science, Economics
Publisher : Institute of Computer Science (IOCS)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35335/ijosea.v14i1.498

Abstract

A well-prepared abstract enables the reader to identify the basic content of a document quickly and accurately, to determine its relevance to their interests, and thus to decide whether to read the document in its entirety. The Abstract should be informative and completely self-explanatory, provide a clear statement of the problem, the proposed approach or solution, and point out major findings and conclusions. The Abstract should be 100 to 200 words in length. The abstract should be written in the past tense. Standard nomenclature should be used and abbreviations should be avoided. No literature should be cited. The keyword list provides the opportunity to add keywords, used by the indexing and abstracting services, in addition to those already present in the title. Judicious use of keywords may increase the ease with which interested parties can locate our article
Banking Credit Risk and Efficiency: Some Countries in ASEAN Mahjus Ekananda
Economics Development Analysis Journal Vol 12 No 3 (2023): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v12i3.62124

Abstract

Banking efficiency is an important strategy to increase competitiveness. The ultimate goal of improving bank performance is the ability of business groups, banks, or countries to excel in competition. Banking can increase competitiveness in various ways, including increasing efficiency. This study presents an empirical analysis of the effect of credit risk on the value of banking cost efficiency in ASEAN. Cost efficiency is measured using panel data of banks in 10 ASEAN countries, employing stochastic frontier analysis and assuming a fixed effect. The efficiency is obtained using the Panel Stochastic Frontier Analysis method. The relationship between loan risk and efficiency is assessed using a linear regression model, specifically, Feasible Generalized Least Squares. In general, banking efficiency in ASEAN exceeds 80%. Another finding from this study is a negative relationship between credit risk and banking efficiency. In this case, the risk that most significantly reduces efficiency is the risk obtained from the loan-to-asset ratio indicator. The greater the risk the bank takes, the lower the cost-efficiency value of the bank. The implications of this research include that bank managers must reduce credit risk to increase the efficiency of bank operational costs.