Garuda - Garba Rujukan Digital

p-Index From 2020 - 2025

2.517

P-Index

This Author published in this journals

All Journal HAYATI Journal of Biosciences Jurnal Manajemen dan Organisasi MANAJEMEN IKM: Jurnal Manajemen Pengembangan Industri Kecil Menengah Jurnal Keuangan dan Perbankan Journal The Winners Indonesian Journal of Business and Entrepreneurship (IJBE) Sosioinforma Journal of Engineering and Technological Sciences Jurnal Aplikasi Bisnis dan Manajemen (JABM) E-Journal Jurnal FishtecH TIJAB (The International Journal of Applied Business) Ekonomi dan Bisnis Inobis: Jurnal Inovasi Bisnis dan Manajemen Indonesia Jurnal Bengawan Solo: Pusat Kajian Penelitian dan Pengembangan Daerah Kota Surakarta Indonesian State Law Review (ISLRev) Jurnal Pendidikan dan Sosial Humaniora

Purwanto, Budi

Department Of Management Science, Faculty Of Economics And Management IPB Graduate School (Bogor Agriculture University) Kampus IPB Dramaga, Jl. Raya Dramaga, Bogor, 16680

Author-ID : 2809070

Agriculture, Biological Sciences & Forestry Humanities Computer Science & IT Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Education Engineering Industrial & Manufacturing Engineering Law, Crime, Criminology & Criminal Justice Social Sciences

Published : 34 Documents Claim Missing Document

Claim Missing Document

Articles

1 2 3 4

Ecological Vulnerability of Coral Reef Ecosystem in Wakatobi National Park During Indian Ocean Dipole Event Hawis H. Madduppa; Alan F. Koropitan; Ario Damar; Beginer Subhan; Muhammad Taufik; La Ode Alam Minsaris; AM Azbas Taurusman; Agus Ramli; Arif Budi Purwanto
HAYATI Journal of Biosciences Vol. 27 No. 1 (2020): January 2020
Publisher : Bogor Agricultural University, Indonesia

This research examines coral reefs vulnerability which threatening its existences and functions by climate change. The ecological vulnerability in Wakatobi (Wangi-wangi, Kaledupa, Tomia, and Binongko) was assessed during Indian Ocean Dipole (IOD) event in 2016. Climate exposure was determined using sea surface temperature, chlorophyll-a concentration, and wind speed magnitude; sensitivity was determined using coral susceptibility, fish susceptibility, and macroalgae primary productivity rate; then adaptive capacity was developed by hard coral cover, coral size distribution, coral richness, fish biomass, herbivore diversity, and herbivore grazing relative to algal production. The values of Exposure, Sensitivity, and Adaptive capacity in Wakatobi were 0.93±0.02, 0.42±0.18, and 0.44±0.10, respectively. Site specific vulnerability scores ranged from 0.52 to 1.60 (mean 0.92±0.26). Binongko was the least vulnerable than other islands. Tomia was observed as the least adaptive capacity and Wangi-wangi was the most bleaching incidents. These results could help coral reefs monitoring priority during the event and then when the event is gone by focusing on the marked islands and sites. Sites that were observed as more vulnerable is urgently need a management strategy to overcome the vulnerability status in the future, such as increasing site adaptability.

Dividend policy, investment opportunity set, free cash flow, and company performance: Indonesian’s agricultural sector Choiri Chosiah; Budi Purwanto; Wita Juwita Ermawati
Jurnal Keuangan dan Perbankan Vol 23, No 3 (2019): July 2019
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jkdp.v23i3.2517

Dividends are a tool that can be an essential source of information for investors or other stakeholders as it contains information that can provide a signal about the company's prospects (dividend signaling theory). This study aims to examine the effect of dividend policy on company performance through moderation of investment opportunity set (IOS) and free cash flow (FCF) and examine the effect of the application of corporate governance on dividend policy and company performance. Based on purposive sampling technique obtained a sample of 71 companies that meet the criteria. The study was conducted using panel data regression method. The results showed that dividend policy had a significant negative effect on company performance in the following year. IOS has a positive and insignificant effect on company performance, while FCF has a positive and significant effect on company performance. IOS variable is able to moderate the relationship of dividend policy on company performance in the following year, while FCF is not able to moderate the influence of dividend policy on company performance in the following year. In addition, the corporate governance mechanism has an insignificant effect on dividend policy which shows that the corporate governance mechanism is still not effective in increasing the number of dividends paid to shareholders.JEL Classification: D13, I31, J22DOI: https://doi.org/10.26905/jkdp.v23i3.2517

A determinant of state-owned enterprises profitability with an independent board of commissioners as moderation variables Sophie Tiara Adriaty; Budi Purwanto; Wita Juwita Ermawati
Jurnal Keuangan dan Perbankan Vol 23, No 1 (2019): January 2019
Publisher : University of Merdeka Malang

Corporate governance drives the control function so that management could manage the corporate more effective. Good corporate governance could be the factor that boosts financial management to enhance profitability. This study examines the moderated effect of the independent commissioner proportion to the interaction between liquidity, capital structure, and sales growth to profitability. This study using purposive sampling technique, there are four state-owned enterprises (SOEs) which fit the criteria. The analysis method used in this research is moderated regression analysis on panel data. The results of the study show that liquidity and the proportion of independent commissioners influence the profitability of the company. SOEs needs to reduce the allocation of funds to current assets. Optimizing the performance of the SOEs board of commissioners also needs to be improved. The supervisory function carried out by the board of commissioners will affect operational activities so that managers will be more motivated to utilize current assets for operational investment and the company's current assets can be used optimally. Increasing the proportion of independent commissioners will also increase oversight of debt so that the condition of the company's capital structure can be optimized through the reduction of debt from SOEs.JEL Classification: G31, G34DOI: https://doi.org/10.26905/jkdp.v23i1.2519

Investment opportunity set, dividend policy, company’s performance, and firm’s value: Some Indonesian firms evidence Anggi Angga Resti; Budi Purwanto; Wita Juwita Ermawati
Jurnal Keuangan dan Perbankan Vol 23, No 4 (2019): October 2019
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jkdp.v23i4.2753

The availability of investment opportunity set at state-owned companies and the dividend policy taken by state-owned company management should be signals in the company's efforts to improve performance. Therefore, both the Investment Opportunity Set (IOS) and dividend policy can be factors driving corporate performance. Thus, state owned-companies can further enhance firm value. We examined the effect of the IOS and dividend policy on company performance and firm value. The sample used in this study was the state-owned company listed at the Indonesia Stock Exchange and observed for 5 years, from 2013 to 2017. Data were collected using a purposive sampling method. This study had 13 sample companies that were processed using the panel data regression method. We found the first result revealed that dividend policy had a positive effect on company performance, which had a positive effect on firm value. Besides, the IOS was observed to have a positive impact on firm value. The second result showed that the IOS did not affect the company's performance, and dividend policy did not influence the firm's value. Thus, those results proved that the company's performance could provide a signal to the firm's value.JEL Classification: G31, G32DOI: https://doi.org/10.26905/jkdp.v23i4.2753

Factors influencing Indonesian rural banks' credit disbursement Setia Murningsih; Muhammad Firdaus; Budi Purwanto
Jurnal Keuangan dan Perbankan Vol 24, No 2 (2020): April 2020
Publisher : University of Merdeka Malang

Distribution of microcredits has a great opportunity, considering micro-businesses in Indonesia reaches 98 percent of all types of businesses. Microlending has become the leading market share for BPRs to channel their funds. This research aims to identify factors that effect the increase of micro-credit disbursements. This study uses a Vector Error Correction Model (VECM) method with a type of monthly time series data from 2012 to 2018. The sample of this study is the Rural Credit Banks. The results of this study explain that the BPR non-performing loan (NPL) variable, both in the long term and short term, does not significantly influence the increase in micro-credit distribution. In contrast, the variable spread in the short term and long term shows a significant positive effect on increasing microcredit distribution. Forecasting for variable increases in credit distribution fluctuates with a downward trend. The NPL variable has an increasing trend, and it is projected that the next 90 months will reach 12 percent. The spread variable has a downward trend for the next 40 months which then the trend will continue to increase for the next 90 months. JEL Classification: D13, I31, J22 How to Cite:Murningsih, S., Firdaus, M., Purwanto, B. (2020). Factors influencing Indonesian rural banks’ credit disbursement. Jurnal Keuangan dan Perbankan, 24(2),189-201.DOI: https://doi.org/10.26905/jkdp.v24i2.3778

Analisis Kemungkinan Kebangrutan Berbasis Pendekatan Model Z-Score Altman dan Metode EVA pada PT X di Provinsi Kepulauan Bangka Belitung melia catherin; budi purwanto
Jurnal Manajemen dan Organisasi Vol. 7 No. 3 (2016): Jurnal Manajemen dan Organisasi
Publisher : IPB University

PT X has a regional office in Bangka Belitung Island Province which has been decrease in sales, increase in credit and inventory which may lead to insolvency. The purposes of this research was (1) to analyze the financial performance of PT X to learn factors affecting insolvency possibilities; (2) to analyze company condition that indicate insolvency possibilities; (3) to analyze the added values which could be given by the company in an insolvency possibility; (4) to analyze the relation of added values that had been given by the company with insolvent condition possibility. The primary data were gathered by interview. Secondary data consisted of financial reports, journal literatures, thesis, and related books. The data were processed through descriptive analysis, financial ratio, Z-score Altman model, and EVA method. Based on the descriptive analysis result, PT X was suffering a possibility of bankruptcy that may affect firm value which was also decrease. The financial ratio showed that cash ratio, operational profit margin, inventory cycle, credit cycle ratio, assets cycle ratio were decrease, DER and DAR were decreasing from 2010 until 2012, but it roused significantly in 2013 and turned back to decrease significantly on 2014. The result form Z-Score model showed that the company was in gray area in 2011, the company condition went better in 2012, but it went back to gray area in 2013-2014. The EVA result showed that PT X produced positive and decreased in EVA value from 2010 until 2014.

Pembentukan Portofolio Saham Optimal pada Kondisi Bearish Tahun 2015 Rosharia Andina Putri; Budi Purwanto
Jurnal Manajemen dan Organisasi Vol. 8 No. 1 (2017): Jurnal Manajemen dan Organisasi
Publisher : IPB University

Penelitian ini dilakukan atas dasar pasar saham pada tahun 2015 mengalami kondisi bearish, sehingga terjadi perubahan asumsi risiko dan return pada penelitian-penelitian portofolio saham optimal terdahulu. Tujuan dari penelitian ini adalah untuk mengetahui saham-saham yang masih berpotensi memberikan return positif pada kondisi pasar bearish dengan menggunakan Model Indeks Tunggal. Penelitian ini menggunakan data sekunder dari saham-saham yang yang terdaftar di BEI tahun 2015. Hasil penelitian menunjukkan bahwa dari populasi 528 emiten, terseleksi sampel sebanyak 38 emiten. Kemudian, terdapat 13 saham yang memenuhi kriteria, yaitu saham TOTO, EMTK, HMSP, AMAG, PLIN, BISI, INAI, MYOR, AKRA, AHAP, BNBA, DPNS, dan BFIN. Berdasarkan perhitungan, investor akan mendapatkan return portofolio sebesar 0,010047 dengan risiko portofolio sebesar 0,022006. Untuk berinvestasi, investor dapat membagi pada beberapa saham dengan proporsi pada saham sebesar 34,89% TOTO, 4,03% EMTK, 13,62% HMSP, 6,92% AMAG, 1,25% PLIN, 3,80% BISI, 5,33% INAI, 6,20% MYOR, 15,16% AKRA, 0,90% AHAP, 6,76% BNBA, 0,28% DPNS, dan 0,78% BFIN.

Strategi Peningkatan Kinerja Perusahaan Berdasarkan Keunggulan Kompetitif yang Berkelanjutan dan Perencanaan Sumber Daya Dase Purnama; Budi Purwanto; Abdul Kohar Irwanto
Jurnal Manajemen dan Organisasi Vol. 9 No. 1 (2018): Jurnal Manajemen dan Organisasi
Publisher : IPB University

Optimization of resources can be achieved by using technology to improve operating performance in order to support the company's business activities. This study was conducted in the implementation of Enterprise Resource Planning (ERP) system in plantation company conducted by PT Kencana Group in 16 subsidiaries, five subsidiaries have implemented ERP as an effort of transformation in using information system. Information and Technology can provide a competitive advantage for the company by adding value to various aspects such as increased operational performance and cost reduction. The research aims to identify the utilization of the company's ERP, ERP implementation measure performance, identify factors that affect the performance of the company, as well as measuring the impact of ERP on business performance. Methods of data analysis used in this research is descriptive and qualitative analyzes to provide a general overview of the study. Inter-variable relationship analysis was done by structural equation modeling (SEM) with partial least square approach using SmartPLS software. Hypothesis test is done by regression analysis to measure the validity and significance of influence of each veriabel, and to estimate the direction and magnitude of its influence respectively. The results showed that there is a significant influence of performance factors of ERP utilization that can affect company performance. Operating performance increased by 1% would increase the net profit margin amounted to 38.7%. Furthermore, enterprise resource planning and sustainable competitive advantage have a positive effect on company performance with general and environmental cost factor significantly less than 0.05. The impact of ERP on the performance of the company has decreased the cost of general expenses. While the impact of SCA on the company's perceived performance at this time is that the environment such as the acreage still has not reached the hectare per staple, and the standard number of labor has not been in accordance with the normative of the garden area.

Analisis Faktor Syariah terhadap Kinerja Portofolio pada Pelemahan dan Penguatan Nilai Tukar Rupiah Edryoko Dwi Hardono; Budi Purwanto; Wita Juwita Ermawati
Jurnal Manajemen dan Organisasi Vol. 11 No. 2 (2020): Jurnal Manajemen dan Organisasi
Publisher : IPB University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29244/jmo.v11i2.26866

IHSG and ISSI in the last three periods show that standard deviations have increased and the yield rate has declined. Preliminary observations found that during this period there was a weakening of the Rupiah against the US dollar which was reported to weaken from February to October 2018 and regained strength afterwards. The focus of this research is to analyze the performance of Islamic stock portfolios and general stock portfolios compiled with the Markowitz method under conditions of a weakening exchange rate and when the exchange rate conditions strengthen. The results of the portfolio formation reveal that, more Islamic stocks are needed when the condition of the rupiah exchange rate weakens and fewer Islamic stocks are needed when the exchange rate conditions strengthen. Islamic stock portfolios have returns and risks that are greater than the general portfolio in each condition. However, the performance of the Islamic stock portfolio is inversely proportional to the general stock portfolio.

Masalah Keagenan dalam Kontrak Bagi Hasil Perbankan Syariah di Indonesia Kery Utami; Budi Purwanto; Tubagus Nur Ahmad Maulana
Jurnal Manajemen dan Organisasi Vol. 9 No. 3 (2018): Jurnal Manajemen dan Organisasi
Publisher : IPB University

The Principle of profit-sharing operation in Sharia bank is often utilized for financing. However, in its practice, the distribution of Sharia Bank funds be done at the equivalent cost. This might occur due to the agency predicament in which Sharia Commercial Bank become a liaison between the depositor and the debtor who bring money. By conducting panel analysis of regression data at 11 sharia commercial banks in Indonesia during period 2012.Q1-2016.Q4, it was found that financial problems happen chiefly because of adverse Sharia Banks and moral hazard which intentionally increase financing.

Co-Authors Abdul Kohar Irwanto Agus Ramli Agus Supriadi Ahmad Rafiq Jatihusudo Alan Frendy Koropitan Alfiana Farah Am Azbas Taurusman Andi Fauziah Anggi Angga Resti Anggi Angga Resti Ario Damar Aron Marsondang Asih Wulan Sari Beginer Subhan Choiri Chosiah Dase Purnama Desy Khairunnisa Dina Puji Wahyuni Edryoko Dwi Hardono Eka Dasra Viana Francisco Amaral Hawis H Madduppa Heti Mulyati I Nyoman Suisnaya Intan Adhitya Rosmasari Juliandara, Luthpiyah Junjung Sahalatua Manik Melania Hanny Aryantie melia catherin Minsaris, La Ode Alam Mochamad Syawie Muhamad Edwin Zulfikar Atmani Wedhana Muhammad Firdaus Muhammad Taufik Musa Hubeis Nanda Karunia Amanah Nora H. Pandjaitan Novia Nour Halisa Puty Yousnelly Rianda Rizky Permata Rina Aprishanty Risqi Ekanti Ayuningtyas Palupi Rosharia Andina Putri Sakinah, Tazkiyah Setia Murningsih Setyo Susilo Siti Jahroh Sophie Tiara Adriaty Tri Wuryanto Tubagus Nur Ahmad Maulana Tubagus Nur Ahmad Maulana Utami, Kery Viriani Noviasari Dewi Wulandari Wulandari Y. Setyohadi Pratomo Zulfachmi Zulfachmi

Title

Found 34 Documents
Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title Search

Found 34 Documents Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title

Found 34 Documents
Search