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Alternatif Perhitungan RBC (Risk Based Capital) Upaya Menjaga Daya Saing Perusahaan Reasuransi Syariah Ridarmelli, Ridarmelli; Marsono, A. Dewantoro
Business and Management Review Vol 2, No 1 (2011): Desember
Publisher : Universitas Bakrie

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Abstract

RBC is used to measure the performance of insurance company, (shariah or conventional). RBC is one of the insurance company tools to keep its competitive advantage. Based on 424/ KMK.06/2003 the minimum RBC for insurance and reinsurance company is 120%. This is a descriptive research, the study is conducted to explore a new model to determine the unexpected loss (as mentioned in KMK 424, schedule C) using Loss Distribution Approach (LDA) and Extreme Value Theory (EVT) methods. The result is RBC that calculated using LDA & EVT models shows great performance, above the regulation standard. Back Testing is used to test the validity of the methods, the result:  LDA is a valid model to implement in the insurance or reinsurance company, while EVT is not a valid model. Key words: Unexpected Loss, LDA, EVT, competitive advantage.
Instilling Financial Literacy in the Foster Children of the An-Nuriyyah Bekasi Orphanage Riwayati, Hedwigis Esti; Ridarmelli, Ridarmelli; Retnaningsih, Inung Wijayanti; Jasman, Jasman; Haron, Rosmawati; Othman, Akmal Aini
Dinasti International Journal of Management Science Vol. 6 No. 3 (2025): Dinasti International Journal of Management Science (January - February 2025)
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijms.v6i3.4239

Abstract

Financial literacy is an important skill to master from an early age. Children who have an understanding of finance will be better prepared to face future economic challenges, manage money wisely, and make better financial decisions. This article is the result of a collaboration between Perbanas Institute and UiTM Johor Malaysia at the An-Nuriyyah Orphanage Bekasi, West Java, Indonesia.  The form of activities is in the form of lectures, demonstrations, video screenings and games that aim to provide an understanding of financial literacy from an early age and the benefits obtained if you understand financial literacy. In forming healthy financial habits for the community from an early age, the participation of the government, schools and academics is needed.
The Influence of Net Interest Margin, Non-Performing Loans, and Capital Adequacy Ratio on the Stock Prices of KBMI 4 Banks Trihatmoko, Huda; Ridarmelli, Ridarmelli; Saputra, Kevin Arya
Dinasti International Journal of Economics, Finance & Accounting Vol. 5 No. 3 (2024): Dinasti International Journal of Economics, Finance & Accounting (July - August
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijefa.v5i3.2781

Abstract

This study aims to examine the influence of net interest margin, non-performing loans, and capital adequacy ratio on the stock prices of banks classified as KBMI 4, which are listed on the Indonesia Stock Exchange (IDX) for the period from 2014 to 2021. The research employs a purposive sampling method, resulting in a sample of four banking companies. Multiple linear regression analysis is utilized to analyze the data, with the assistance of the Eviews 12 software. The findings indicate that the capital adequacy ratio positively affects banking stock prices, whereas the net interest margin negatively impacts them. Conversely, non-performing loans do not exhibit a significant effect on the stock prices of these banks.
Effect of Greenhouse Gas Emissions, Renewable Energy Utilization, CSR Expenditures, and Green Finance on Financial Performance in the Energy Sector for the Period 2021–2023 Anfila Catur Berliana; Ridarmelli, Ridarmelli
Jurnal sosial dan sains Vol. 5 No. 11 (2025): Jurnal Sosial dan Sains
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/jurnalsosains.v5i11.32531

Abstract

This study examines the impact of greenhouse gas emissions, renewable energy usage, Corporate Social Responsibility (CSR) expenditure, and green finance on the financial performance of energy companies in Indonesia. Using multiple regression analysis, this research employs secondary data extracted from the annual reports of energy companies listed on the Indonesia Stock Exchange for the period 2021–2023. The findings reveal that greenhouse gas emissions and renewable energy usage have a significant negative effect on financial performance, indicating that higher emissions and increased reliance on renewable energy are associated with lower profitability. Conversely, CSR expenditure exhibits a significant positive effect, suggesting that greater investment in social responsibility enhances financial performance. Meanwhile, green finance does not demonstrate a significant influence on financial performance. These results provide valuable insights for mining companies in formulating sustainable and responsible business strategies while contributing to the broader discourse on the nexus between sustainability and corporate financial performance.