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Low-Cost and Portable Sound Reduction Box: Innovation for Acoustic Material Performance Measurement Budi Purwanto; Melania Hanny Aryantie; Zulfachmi Zulfachmi; Rina Aprishanty
Journal of Engineering and Technological Sciences Vol. 52 No. 5 (2020)
Publisher : Institute for Research and Community Services, Institut Teknologi Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.5614/j.eng.technol.sci.2020.52.5.9

Abstract

A sound reduction index (RIc) is a laboratory measurement of the sound insulating properties of a material or building element, commonly conducted using a reverberation chamber and an anechoic chamber (SIC), which requires high expenses. This study aimed to perform RIc analysis using a sound reduction box (SRB) to assess the accuracy and precision of the associated result compared to an SIC. The SRB is a miniature reverberation chamber innovation that is owned by the Center for Research and Development of Quality and Environmental Laboratory (P3KLL). The anechoic chamber is substituted by open space as free-field environment. The methods used in this study are based on ISO 15186-1 and ISO 717-1. Measurement was executed using a sound intensity analyzer and data interpretation was done by employing statistical analysis. The types of insulating materials tested were wood boards made of Shorea sp., Swietenia sp. and Dryobalanops sp. with a thickness of 2 cm and 4 cm. Test material measurement was done using the same measuring instruments, sound generators, sound amplifiers, and personnel. The results show that the RIc values were almost the same for both methods (SIC and SRB). When the weighted sound reduction index (Rw) rating calculated from the RIc was compared between the SIC and the SRB, the results were not statistically different. It is interesting that an SRB can be developed in the future as an alternative device for acoustic materials testing.
Analisis Keagenan pada Bank yang Memiliki Anak Perusahaan Leasing Novia Nour Halisa; Budi Purwanto; Tubagus Nur Ahmad Maulana
Jurnal Aplikasi Bisnis dan Manajemen (JABM) Vol. 3 No. 2 (2017): JABM Vol. 3 No. 2, Mei 2017
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.3.2.278

Abstract

The relationship between the depositor and the bank can be explained by the Agency perspective. Problems occur when bank as the depositary of fund depositors is not careful and at risk choosing the investments whether it is a decision to extend credit directly to the debtor or to choose distributing the funds to subsidiaries such as leasing subsidiary. The existence of the Agency problem raises Agency costs. This study aimed to analyze the Agency costs in the two types of banking i.e. the type of bank and type of banks that have leasing. Following this is to analyze the relationship between the Agency costs to the level of credit risk and profitability. The secondary data collection was obtained from the financial reports of banks and leasing with the purposive sampling technique so that the retrieved samples included the six banks and three leasing companies. Data analyses were carried out using the descriptive statistical analysis and Structural Equation Modeling (SEM-PLS). The results showed that the Agency costs in the bank which has a subsidiary leasing are lower than those in the bank without a leasing subsidiary. Furthermore, the Agency costs have a significant influence on credit risk; Agency costs have no significant effect on profitability, while credit risk has a significant effect on profitability.Keywords: agency problem, agency costs, profitability, credit risk, partial least squareABSTRAKHubungan antara deposan dan bank dapat dijelaskan dengan perspektif keagenan. Masalah keagenan terjadi ketika bank sebagai penyimpan dana deposan memilih investasi yang tidak hati-hati dan beresiko, baik itu keputusan dalam menyalurkan kredit secara langsung ke debitur ataupun memilih menyalurkan dana ke anak perusahaannya seperti leasing. Adanya masalah keagenan menimbulkan biaya agensi. Penelitian ini bertujuan menganalisis biaya agensi pada dua tipe perbankan yaitu tipe bank dan tipe bank yang memiliki leasing, selanjutnya menganalisis hubungan antara biaya agensi terhadap tingkat risiko kredit dan profitabilitas. Pengumpulan data sekunder penelitian diperoleh dari laporan keuangan bank dan leasing dengan teknik pengambilan sampel yaitu purposive sampling sehingga diperoleh sampel enam perbankan dan tiga perusahaan leasing. Metode analisis data yang digunakan adalah analisis deskriptif statistika dan analisis Structural Equation Modelling (SEM-PLS). Hasil penelitian menunjukkan bahwa biaya agensi pada bank yang memiliki anak perusahaan leasing lebih rendah jika dibandingkan dengan bank. Selanjutnya biaya agensi memiliki pengaruh signifikan terhadap risiko kredit, biaya agensi memiliki pengaruh tidak signifikan terhadap profitabilitas, sedangkan risiko kredit memiliki pengaruh signifikan terhadap profitabilitas.Kata kunci: keagenan, biaya agensi, profitabilitas, risiko kredit, partial least square
ANALISIS PENGHINDARAN RISIKO PADA KEPUTUSAN INVESTASI DI PASAR MODAL INDONESIA Tazkiyah Sakinah; Budi Purwanto; Wita Juwita Ermawati
Jurnal Aplikasi Bisnis dan Manajemen (JABM) Vol. 7 No. 1 (2021): JABM Vol. 7 No. 1, Januari 2021
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.7.1.66

Abstract

Decision making in the capital market is not always rational. It is due to the emotional involvement of investors, which is described through financial behavior. Investor decision making based on financial behavior is considered as a loss aversion contained in prospect theory. In this theory, the prospect of risk aversion behavior when the market is profitable, but this behavior becomes an obstacle for investors to get higher returns. This study aimed to analyze the risk avoidance behavior that limits investment decision making in Indonesian stock investors. Primary data were obtained from individual investor transactions on the IDX, and secondary data were in the form of daily stock data. Identification of risk aversion was carried out using a non-linear regression method. The measurement of psychological resistance was carried out through an independent sample t-test by measuring the difference between actual and expected returns. The results showed that Indonesia's capital market investors have a risk-averse behavior in the gain domain and risk-seeking in the loss domain. Risk-averse behavior could reduce investment productivity. Keywords: behavioral finance, decision-making, prospect theory, return, risk averse
HUBUNGAN ANTARA SUSTAINABILITY REPORT, KINERJA PASAR, DAN KINERJA FUNDAMENTAL: BUKTI AKTOR KEPEMILIKAN PERUSAHAAN Luthpiyah Juliandara; Siti Jahroh; Budi Purwanto
Jurnal Aplikasi Bisnis dan Manajemen (JABM) Vol. 7 No. 2 (2021): JABM Vol. 7 No. 2, Mei 2021
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.7.2.523

Abstract

The importance of concern for the environment in long-term business processes and the sustainability of the company's life through the practice of sustainability report disclosure. This study aims to analyze the effect of the sustainability report and actors of company ownership on market performance and fundamental performance. The sampling technique was purposive sampling. Types and sources of data used are secondary data from annual reports and sustainability reports. The method used is factor analysis to see the contribution of indicators to variables, and path analysis to see the effect of sustainability report disclosure, using Statistical Product and Service Solutions (SPSS) tools. The findings state that the sustainability report has an effect on market performance, but the sustainability report has no effect on fundamental performance. Company ownership: BUMN and BUMS actors influence market performance and company fundamental performance. Keywords: BUMN, BUMS, market performance, fundamental performance, sustainability report
The Outbreak of COVID-19 and Islamic Stock Market Responses in Indonesia Rianda Rizky Permata; Budi Purwanto; Wita Juwita Ermawati
The Winners Vol. 22 No. 2 (2021): The Winners
Publisher : Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/tw.v22i2.7104

Abstract

The research intended to analyze the overreaction phenomenon in Islamic stocks due to COVID-19 as well as the influencing factors by utilizing different test methods and cross-sectional regression. The research employed data on the daily stock prices from August 9th, 2019 to October 26th, 2020 on the Jakarta Islamic Index (JII) and the stocks utilized during the period of events. The sample of the research utilized seven events related to COVID-19. The findings reveals that the announcement of COVID-19 transmission and lockdown (Event 2) causes overreaction in winner stocks. Meanwhile, the overreaction phenomenon of loser stock is due to the announcement of the United States fiscal stimulus (Event 5) and the announcement of the PSBB (Event 6). Furthermore, the new normal announcement event (Event 7) triggers overreaction in the winner and loser stocks. The results indicate that Islamic stocks continue to have several transactions which are prohibited by the Fatwa DSN MUI in the short term. In this case, the variables that impact the overreaction phenomenon are shown to be substantially and negatively linked to leverage and market capitalization, while trading volume significantly influences and has a positive correlation with the overreaction phenomenon.
PENGARUH DEFATTING DAN SUHU EKSTRAKSI TERHADAP KARAKTERISTIK FISIK GELATIN TULANG IKAN GABUS Wulandari Wulandari; Agus Supriadi; Budi Purwanto
Jurnal FishtecH Vol 2, No 1 (2013)
Publisher : Universitas Sriwijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36706/fishtech.v2i1.1101

Abstract

The purpose of this research was to observe the effect of defatting and extraction temperature on the physical properties of snakehead fish bone gelatin. The Factorial Randomized Block Design was used with two factors of treatment and 2 replications. The different pretreatment (defatting and non-defatting) and three different extraction temperature (60, 70 and 80 0C). The parameters were yield, viscosity, gel strength and melting point. The best treatment was defatting with extraction temperature 70 oC had gel strength 202,9 bloom, viscosity 3,87 cP, melting point 22,5 oC and yield 3,53%.
Pengaruh Kebijakan Dividen dan Investment Opportunity Set (IOS) terhadap Kinerja Perusahaan pada Perusahaan BUMN Go Public Anggi Angga Resti; Budi Purwanto; Wita Juwita Ermawati
Ekonomi dan Bisnis Vol 5, No 1 (2018): Ekonomi dan Bisnis
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Pembangunan Nasional Veteran Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (363.509 KB) | DOI: 10.35590/jeb.v5i1.683

Abstract

This research to determine the effect of devidend policy and Investment Opportunity Set (IOS) on the firm performance on state-owned enterprises (SOE) go public listed in the Indonesia Stock Exchange. The population in this study are all state-owned enterprises (SEO) go public listed on the Indonesia Stock Exchange in 2013-2017 as many as 20 companies. The method used is purposive sampling, with the number of samples observed as many as 13 companies. The data used in study is secondary data in the form of financial statements. The Structural Equation Modeling (SEM) was applied in this study to determine the effect of divident policy and Investment Opportunity Set (IOS) on firm performance. The result shows that divident policy has positive significant impact on the firm performance and Investment Opportunity Set (IOS) has not significant impact on the firm performance.
Letter of Apology and Notice of Retraction Rianda Rizky Permata; Budi Purwanto; Wita Juwita Ermawati
The Winners Vol. 22 No. 2 (2021): The Winners
Publisher : Bina Nusantara University

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

Abstract

The Influence of Financial Literacy and Financial Inclusion on Saving and Investment Behaviour for Millennial Generation in DKI Jakarta Alfiana Farah; Budi Purwanto; Eka Dasra Viana
TIJAB (The International Journal of Applied Business) Vol. 7 No. 1 (2023): APRIL 2023
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/tijab.v7.I1.2023.43436

Abstract

Background: In 2019, financial literacy level in Indonesia was only 38,03%, while the financial inclusion rate was 76,19%. Financial literacy and inclusion levels related to saving that are identical to the banking sector have the highest values, with 36,12% and 73,88%, while investment in capital market has the second lowest values, at 4,92% and 1,55%. However, the ratio of gross savings to gross domestic product in Indonesia was reported only at 31,01%, while several other Asian countries reached more than 40%. Objective: This study aims to measure the level of financial literacy and inclusion of millennial generations in DKI Jakarta. It analyses the influence of financial literacy and inclusion on saving and investment behaviour, the influence of financial literacy on financial inclusion, and the influence of saving behaviour on investment behaviour. Method: The data analysis used descriptive and SEM-PLS analyses. Results: The results show that the financial literacy rates and the average of inclusion rates of millennial generation in DKI Jakarta are 50% and 60% respectively. Financial literacy and inclusion have an influence on saving and investment behaviour. Also, financial literacy affects financial inclusion, while the saving behaviour does not influence investment behaviour. Conclusion: Financial literacy and inclusion have a positive and significant effect on saving behaviour and investment behaviour. Financial literacy also has a positive and significant effect on financial inclusion. However, saving behaviour does not have a significant effect on investment behaviour. Keywords: financial inclusion; financial literacy; investment behaviour; millennial generation; saving behaviour
Literasi keuangan dan faktor yang memengaruhi minat pelaku umkm berinvestasi di pasar modal: analisis theory of planned behavior Asih Wulan Sari; Budi Purwanto; Eka Dasra Viana
INOBIS: Jurnal Inovasi Bisnis dan Manajemen Indonesia Vol. 6 No. 3 (2023): INOBIS: Jurnal Inovasi Bisnis dan Manajemen Indonesia
Publisher : Forum Inovasi Bisnis dan Manajemen

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (375.375 KB) | DOI: 10.31842/jurnalinobis.v6i3.279

Abstract

Pertumbuhan investor di pasar modal semakin meningkat, tetapi jumlah investor yang berprofesi sebagai pengusaha masih sedikit (14,27%). Pelaku Usaha Mikro Kecil dan Menengah (UMKM) yang memiliki kelebihan dana, dapat memanfaatkan investasi di pasar modal untuk mengoptimalkan manajemen modal usaha mereka. Berdasarkan survei Otoritas Jasa Keuangan tahun 2019, indeks literasi keuangan terhadap pasar modal tergolong rendah, akibatnya minat investasi di pasar modal juga masih rendah. Minat investasi selain dipengaruhi oleh literasi keuangan, juga dipengaruhi oleh faktor dari Theory of Planned Behavior (TPB). Tujuan penelitian ini adalah mengidentifikasi tingkat literasi keuangan, menganalisis faktor-faktor yang memengaruhi minat investasi, dan mengevaluasi hubungan antara literasi keuangan dan minat investasi. Analisis pengaruh dalam penelitian ini menggunakan SEM-PLS. Hasil penelitian menunjukkan bahwa tingkat literasi keuangan pelaku UMKM yang masuk ke dalam kategori well literate yaitu sebesar 67%. Minat berinvestasi di pasar modal dipengaruhi oleh atttitude toward behavior dan literasi keuangan. Sedangkan subjective norm dan perceived behavioral control tidak memengaruhi minat investasi. Literasi keuangan yang semakin baik akan memengaruhi minat investasi seseorang.literasi keuangan, minat investasi, pelaku UMKM, theory of planned behavior