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Analysis of the Potential Impact of Central Bank Digital Currency (CBDC) on Banking in Indonesia Gunawan, Risma; Asrul Yatimi, Muh.; Sartika, Farahiyah
International Journal of Business and Applied Economics Vol. 3 No. 5 (2024): September 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijbae.v3i5.11519

Abstract

This research aims to analyze the potential impact of implementing Central Bank Digital Currency (CBDC) on banking stability in Indonesia and identify factors that influence economic actors in using CBDC. This research used descriptive qualitative methods with literature studies. The data sources for research are bibliographic or come from various types of literature, including books, journals, articles, newspapers, modules, personal documents, etc. The research results show that implementing CBDC can reduce the number of deposits in banks, increase competition, and change banking business models. However, CBDCs can also improve financial inclusion and payment system efficiency. Factors that influence the use of CBDC include the level of trust, security, cost, and public literacy and education. The implication of this research is to enrich financial literature by introducing a new concept regarding digital money issued by central banks. In addition, the research results can be used to design risk mitigation strategies that may arise due to switching from cash to digital money.
PENGARUH EFISIENSI MODAL KERJA, LIKUIDITAS, DAN SOLVABILITAS TERHADAP PROFITABILITAS (Studi Pada Perusahaan Farmasi yang Terdaftar di BEI Periode 2007-2011) Sartika, Farahiyah; Herawati, Juni
Jurnal Ilmiah Mahasiswa FEB Vol. 2 No. 1
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

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Abstract

This study aims to determine the effect of the  efficiency of working capital (working capital turnover), liquidity (current ratio), and solvency (debt to total assets ratio) toward profitability (return on investment) either simultaneously or partially in the pharmaceutical company listed on the Indonesian Stock Exchange over period 2007-2011. Type of research used in this research is associative research that aims to explain the relationship between two or more variables  through hypothesis testing. The sampling technique used was purposive sampling and obtained a sample of 7 companies. Data which have already collected are processed with classic assumption test before hypothesis test. To test the hypothesis proposed in this study  used multiple regression analysis.   The results of the research  simultaneously  using F test  showed  that  all  of  the three  independent  variables  have a significant effect  on profitability  (return on investment). The results of the research partially using t test showed that  liquidity  (current ratio)  have positive significant influence on  profitability  (return on investment). While the efficiency of working capital (working capital turnover) and solvency (debt to  total  assets ratio)  have no significant influence  on profitability  (return on investment). Keywords: Profitability, Efficiency of Working Capital, Liquidity, Solvency
Determinants of Financial Management Behavior among Young Millennial Entrepreneurs Ditya Permatasari; Nawirah Nawirah; Farahiyah Sartika
Jurnal Manajemen dan Kewirausahaan Vol. 12 No. 2 (2024): December (2024)
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26905/jmdk.v12i2.13187

Abstract

Effective financial management behavior can improve a person's financial well-being, while failure to manage personal finances can have long-term impacts. This research aims to examine the factors that influence Financial Management Behavior in young enterpreneurs. The research method used in this research is quantitative. The total number of respondents was 100 millennial entrepreneurs who are members of the Indonesian Young Entrepreneurs Association (HIPMI) in East Java Province spread across several cities. The sampling technique used was a purposive sampling technique with a data collection method in the form of a questionnaire. The research results show that Financial Literacy, Hedonism Lifestyle, Financial Attitude, and Self Control influence Financial Management Behavior while Income does not influence Financial Management Behavior. The novelty in this research is adding the influence of a lifestyle of hedonism and self-control in the context of millennial entrepreneurs, a group that is rarely the main focus in financial management studies in Indonesia. The results of this research provide practical implications for organizations such as HIPMI to develop financial education programs that not only increase financial literacy but also emphasize the importance of self-control and lifestyle management. In addition, this research can be a basis for the government to design policies that support the financial well-being of young entrepreneurs.