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The Response of Performance to Merger Strategy in Indonesian Banking Industry: Analyses on Bank Mandiri, Bank Danamon, and Bank Permata Lestari, Murti; Arsyad, Lincolin
Gadjah Mada International Journal of Business Vol 12, No 2 (2010): May - August
Publisher : Master of Management, Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (296.921 KB)

Abstract

This study analyzes the responses of performances of BankMandiri, Bank Danamon, and Bank Permata to merger strategy.This paper harnesses the quantitative approach with structuralbreak analysis method and impulse response function. Theplausible findings indicate that the merger of Bank Permataproduces a better performance response in comparison to theconsolidation of Bank Mandiri and the merger of Bank Danamon.The merger of Bank Permata does not result in performanceshocks, and the structural break does not prevail either. On theother hand, the consolidation of Bank Mandiri and the mergerof Bank Danamon result in structural breaks, particularly in thespread performance. In order to return to the stable position, themergers of Bank Mandiri and Bank Danamon require a longertime than does the merger of Bank Permata. This researchindicates that for large banks, the mergers and acquisitions(retaining one existing bank) will deliver a better performanceresponse than will the consolidations (no existing bank).Keywords: impulse response function; merger; structural break
DAMPAK KRISIS EKONOMI DAN MASUKNYA BANK UMUM PADA PASAR KREDIT USAHA MIKRO KECIL TERHADAP KINERJA BANK PERKREDITAN RAKYAT (BPR) DIY Lestari, Murti
KINERJA Vol 18, No 1 (2014): Kinerja
Publisher : Faculty of Economics Universitas Atma Jaya Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24002/kinerja.v18i1.517

Abstract

The economic crisis and the entry of commercial banks in the small micro-credit market is estimated to have an impact on rural banks (BPR) business. By using time series data, and using performance measures such as the performance of rural banks lending, third-party funds (savings and deposits), lending rates, and spreads, the study concluded that the entry of commercial banks in the small micro-credit markets do not interfere (negative affect) the performance of BPR DIY. In terms ofthe economic crisis, the response performance of BPR DIY show mixed reactions. In terms of lending and third-party funds, the economic crisis actually makes BPRis able to raise his credit and increase the ability to collect deposits. While in the case of the determination of interest rates, the crisis negatively affect the interest rate (lower lending rates). Similarly, for a variable spread, the crisis also have negative impacts, which means that with the economic crisis, the ability of BPR take spread decreases.Keywords: rural bank, micro and small enterprises credit, crisis economy
STUDI IDLE RESOURCES DALAM KERANGKA PEMBERDAYAAN EKONOMI GEREJA DAN JEMAAT DI GBKP TANJUNG BERINGIN Rasmalem Br Ginting; Lestari, Murti
Management and Sustainable Development Journal Vol. 6 No. 1 (2024): Management and Sustainable Development Journal
Publisher : Department of Management - Institut Shanti Bhuana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46229/msdj.v6i1.694

Abstract

This research aims to analyze the needs of the GBKP Tanjung Beringin for economic empowerment, analyze the congregation’s perception of the resources available at the GBKP Tanjung Beringin, and analyze the idle resources owned by the church and the congregation. This research uses descriptive qualitative and quantitative methods. Data were collected by observation techniques, quetionnaires and interviews. Respondents of this study were all the households of the GBKP Tanjung Beringin’s congregation who met the requirements. The result of this research show that GBKP Tanjung Beringin needs economic empowerment. In addition, the church and congregation of GBKP Tanjung Beringin have idle resources that can be utilized in an effort to empower the church and congregation’s economy. Keywords: idle resources, economic empowerment, GBKP Tanjung Beringin
sebuah Pengembangan Ekonomi Jemaat melalui Revitalisasi Aset Gereja: Studi Kasus Retreat Centre GBKP. Frebin Thea Rona; Lestari, Murti
Management and Sustainable Development Journal Vol. 7 No. 1 (2025): Management and Sustainable Development
Publisher : Department of Management - Institut Shanti Bhuana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46229/msdj.v7i1.1012

Abstract

This research aims to examine how the church can play an active role in the economic empowerment of the congregation through the management of its assets. The Karo Protestant Batak Church (GBKP) through its service unit, namely the Retreat Center GBKP Suka Makmur, is the object of study in this research. Using a qualitative approach and case study method, this research highlights the potential for revitalizing church assets in improving the welfare of the congregation holistically. Data were collected through interviews, participatory observation, and documentation studies. The results show that the GBKP Retreat Center has great potential that has not been fully utilized. Revitalization through strengthening management, diversifying programs, and external collaboration are key strategies to realize a church that is able to empower spiritually and economically.