Deny Dwi Hartomo
Fakultas Ekonomi Dan Bisnis Universitas Sebelas Maret

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ANALISIS EFEK BANCASSURANCE PADA EFISIENSI DAN PROFITABILITAS BANK FADHILA PUTRI TANTA; DENY DWI HARTOMO
Jurnal Bisnis dan Manajemen (Journal of Business and Management) Vol 20, No 2 (2020)
Publisher : Magister Manajemen Fakultas Ekonomi dan Bisnis UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jbm.v20i2.54632

Abstract

Nowadays, banks in Indonesia are starting to aggressively issue new products, namely bancassurance. Bancassurance is a banking product obtained from the collaboration between a bank and an insurance company. From this collaboration, banks are expected to gain profitability and can improve their efficiency. Therefore, this research is intended to find out whetherbancassurance is able to provide efficiency and profitability to banks in Indonesia. This study took samples of banks listed on the Indonesia Stock Exchange in the period 2013-2017 with the purposive sampling method obtained a sample of 9 banks. The results of the analysis show thatbancassurance does not have a positive and significant effect on efficiency and also does not have a significant effect on profitability, but shows a positive impact on profitability.  Keyword: bancassurance, efficiency, profitability
KOMERSIALISASI PADA PRODUKTIVITAS LEMBAGA KEUANGAN MIKRO Nanette Indira Wibowo; Deny Dwi Hartomo
Jurnal Bisnis dan Manajemen (Journal of Business and Management) Vol 17, No 1 (2017)
Publisher : Magister Manajemen Fakultas Ekonomi dan Bisnis UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jbm.v17i1.11882

Abstract

The purpose of this study was to determine the effect of commercialization on the productivity of MFIs in Indonesia by using variable profitability consisting of proxies ROA, ROE, NIM and variable liabilities consisting of proxies size of the loan portfolio and leverage. The research is explanatory research with purposive sampling technique in MFIs in Indonesia to use data sources Microfinance Information Exchange from 2010-2015. The samples used in this study were 40 rural banks.Results showed that the profitability and liabilities simultaneously significant positive effect on Yield Rate. And partially, ROE ROA NIM significant positive effect on Yield Rate with a significance level of 5%, 5% and 5%. While the loan portfolio positive effect was not significant to Yield Rate, and leverage negative effect not significant to Yield Rate. Keywords: productivity, microfinance institutions, profitability, liabilities
KINERJA PERBANKAN PADA KEPEMILIKAN: DOMESTIK, ASING, PEMERINTAH, DAN SWASTA Andre Novado; Deny Dwi Hartomo
Jurnal Bisnis dan Manajemen (Journal of Business and Management) Vol 14, No 2 (2014)
Publisher : Magister Manajemen Fakultas Ekonomi dan Bisnis UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jbm.v14i2.4130

Abstract

This study aims to find empirical evidence on the effect of ownership on the performance of banks in Indonesia. This study uses secondary data with the observation period from 2005 to 2011. The population used in this study include domestic banks, foreign banks, state owned banks, and private banks, which have been listed on the Indonesian Stock Exchange. With purposive sampling method, 21 samples obtained.Proxies of the dependent variable, performance, are Return on Assets and Non-Performing Loans. While the independent variable, ownership, are proxied by Domestic-Foreign (DF) and State-owned Private (SP). In addition there are control variables like diversification (DIV), unutilized funds (GAP), firm size (SIZE), and firm age (AGE).The results of the test show that there is no significant effect of ownership on bank performance, except for the variable SP to NPL. The SP variable shows a negative significant effect on NPL. These results suggest that private banks have a better control on their credit risk. These indicates that using the DF and SP variables as proxies of ownership, to measure performance, which is proxied by ROA and NPL, are only relevant for the variable SP to NPL.
PENGARUH KONSENTRASI DAN PANGSA PASAR TERHADAP PENGAMBILAN RESIKO BANK Sesario Tri Nur Hendra; Deny Dwi Hartomo
Jurnal Bisnis dan Manajemen (Journal of Business and Management) Vol 17, No 2 (2017)
Publisher : Magister Manajemen Fakultas Ekonomi dan Bisnis UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jbm.v17i2.17176

Abstract

This study aimed to examine the effect of concentration (Herfindahl index, concentration ratio) and market share (Market Share) torisk taking (Zscore) on go public banks in Indonesia. This study using purposive sampling method with a sample size of 40 biggest bank by assets in the country of Indonesia in 2010-2014.These results indicate that concentration with Herfindahl index proxies positive and significant effect on risk-taking. While the concentration of the proxy Concentration ratio and market share but not significant positive effect on risk-taking.
RIGHT ISSUE: HUTANG ATAU INVESTASI? Deny Dwi Hartomo
Jurnal Bisnis dan Manajemen (Journal of Business and Management) Vol 14, No 2 (2014)
Publisher : Magister Manajemen Fakultas Ekonomi dan Bisnis UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jbm.v14i2.4120

Abstract

The objective of this study is to examine the difference of investor reaction on rights issue announcement pursuant to the purpose of using fund in Indonesia capital market. Investor react positively if the most using fund of right issue for investment and investor react negatively if the most using fund of right issue for debt payment. This study also examine influence offering price of right issue to investor reaction.The samples are 55 firms that listing the rights issues in Indonesia Stock Exchange. Event study with 21 event window (from day -10 to day +10) are used to investigate the investor's reaction. Investor reaction is proxyed by abnormal return that was calculated by market-adjusted model. To investigate the determinants in investor's reactions are used linier regression between cumulative abnormal return for several days (determined based on significant abnormal return) as dependent variable and the purpose of using fund with dummy and offering price as independent variables.The conclusions of this study are: (1) investor react to right issue announcement, proved by significant abnormal return around right issue announcement date; (2) investor react positively to right issue announcement that mostly using fund for investment; (3) investor react negatively to right issue announcement that mostly using fund for debt payment; (4) offering price of right issue have positively influential to investor reaction.
STRUKTUR MODAL SEKTOR PERBANKAN PADA SAAT KRISIS KEUANGAN Tuntun Sriwahyuni Darajati; Deny Dwi Hartomo
Jurnal Bisnis dan Manajemen (Journal of Business and Management) Vol 15, No 1 (2015)
Publisher : Magister Manajemen Fakultas Ekonomi dan Bisnis UNS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20961/jbm.v15i1.4110

Abstract

Capital structure is a balance between the use of the capital itself and the debt. It means how much equity and debt to be used, so that it can produce an optimal capital structure. This study aims to determine the effect of internal and external factors on the capital structure of the banking sector during the financial crisis of 2008-2009. Independent variables used are profitability, growth, asset structure, risk, size, liquidity and IHSG. Beside that, IHSG also has the function as a moderating variable.The method that is used for sample research is purposive sampling. It is based on certain criteria. The research was conducted on 72 samples of listed banks in Bank Indonesia, by using the data pooling. It is the combination between time series and the cross section data. Data analysis uses the analysis tools of regression test that was preceded by the classical assumptions, they are normality, multicollinearity, autocorrelation, and heteroscedasticity. Hypothesis test is done by using the F and T test.The result of the data analysis shows that significant profitability, growth, asset structure, risk, size and IHSG that gives the  affect to the capital structure of the bank.While liquidity does not affect the bank's capital structure. IHSG has given the proof that it does not moderate the internal variables of the bank's capital structure. 
PENGEMBANGAN INDUSTRI KERAJINAN DAN MEBEL ROTAN BERBASIS KEARIFAN LOKAL Agung Purnomo; Sumarno Sumarno; Deny Dwi Hartomo
PROSIDING: SENI, TEKNOLOGI, DAN MASYARAKAT No 3 (2018): Seni, Teknologi, dan Masyarakat #3
Publisher : LP2MP3M, INSTITUT SENI INDONESIA SURAKARTA

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

Abstract

ABSTRACT Indonesia’s natural and cultural wealth represents an extraordinary gift that is not compared to others in the world, for example rattan and batik. Batik and rattan as Indonesia’s natural and cultural wealth become the base to increase the competitiveness and productivity of the rattan furniture industry in Sukoharjo Regency. The efforts of the improvement are in case of export-oriented industries, especially Surya Rotan and Agung Rejeki Furniture. Product creation and various things related to the market and production are also become a concern in this applied research. This research uses TDA (Total Design Activity) approach. Six aspects in TDA approach include market, specification, concept design, detailed design, manufacture and sales. The activities undertaken include product design, design of appropriate technology, product protection through industrial design rights, exhibitions, and training and production assistance. Rattan as a superior raw material, the ability to process Indonesian rattan, and finishing rattan products with batik is then used as the base of furniture product design. The furniture product design of rattan and rattan finishing become the base for creating furniture products of chairs, tables, and even handicraft products.
Human Capital and Funding Success: Evidence from an Indonesian Equity Crowdfunding Kusumaningrum, Susana Diah; Risfandy, Tastaftiyan; Purnomowati, Nasyi'ah Hasanah; Hartomo, Deny Dwi
The Asian Journal of Technology Management (AJTM) Vol. 16 No. 1 (2023)
Publisher : Unit Research and Knowledge, School of Business and Management, Institut Teknologi Bandung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12695/ajtm.2023.16.1.4

Abstract

This study examines the impact of human capital on funding success in the context of Equity Crowdfunding (ECF) by analyzing data from 72 start-up companies seeking funding through SANTARA, the first ECF platform in Indonesia. Our findings indicate that various human capital indicators, including the number of directors, team members, economics undergraduate education, and graduates from foreign universities, do not significantly influence ECF success. However, we observed an intriguing result: start-up leaders with undergraduate degrees have a negative impact on crowdfunding success, leading to longer funding durations. This suggests that start-ups in Indonesia should not solely prioritize leaders with impressive educational backgrounds but should also consider individuals with practical experience in the business industry to enhance their chances of crowdfunding success.
How does equity financing impact non-performing financing? Evidence from Indonesia Melati, Sophis Listy; Risfandy, Tastaftiyan; Pratiwi, Desti Indah; Hartomo, Deny Dwi
Global Review of Islamic Economics and Business Vol. 12 No. 2 (2024)
Publisher : Faculty of Islamic Economics and Business, State Islamic University Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/grieb.2024.122-02

Abstract

This study aims to investigate the impact of equity financing on non-performing financing (NPF) in Islamic commercial banks in Indonesia. To address this issue, we conducted a panel data regression analysis on 12 Islamic commercial banks in Indonesia from 2010 to 2022. The finding of this study suggests that an increase in equity financing is associated with a lower NPF ratio of Islamic banks. While it is theoretically argued that Islamic banks’ equity financing may be associated with higher risk, our empirical evidence indicates the opposite, suggesting an improved risk profile. Indonesia presents a favorable environment for the application of equity financing for Islamic banks because large Islamic banks in Indonesia are often government-owned, which can lead to“safe” loan portfolios and strong loan repayment. Indonesia is also considered a religious country, creating a suitable environment for mudarabah and musharakah financing. Our findings suggest that Islamic banks in Indonesia should consider offering more equity financing, particularly for low-risk projects, such as those initiated by the governments.