Garuda - Garba Rujukan Digital

p-Index From 2021 - 2026

8.394

P-Index

This Author published in this journals

Hendro Sasongko

Universitas Pakuan

Author-ID : 374156

Agriculture, Biological Sciences & Forestry Arts Humanities Biochemistry, Genetics & Molecular Biology Chemical Engineering, Chemistry & Bioengineering Chemistry Civil Engineering, Building, Construction & Architecture Computer Science & IT Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Education Engineering Environmental Science Health Professions Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Mathematics Nursing Physics Public Health Social Sciences Other

Published : 105 Documents Claim Missing Document

Claim Missing Document

Articles

7 8 9 10 11

Development of Green Bonds for Sustainable Finance in ASEAN Sofiah, Siti; Gusrida, Hari; Sasongko, Hendro
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i1.9104

This research aims to analyze the development, effectiveness, and implementation challenges of green bonds as a sustainable financing instrument in the ASEAN region, specifically in Indonesia, Singapore, Malaysia, Thailand, and Vietnam. The research uses a qualitative method with a meta-analysis, meta-synthesis, and gap analysis approach on various previous studies, regulations, and green bond issuance data in ASEAN countries. The results of the meta-analysis show that 58% of the studies found a positive influence of green bonds on sustainable financial development, while the other 42% showed varied and inconsistent results. The meta-synthesis reveals that the successful implementation of green bonds is significantly influenced by regulatory strength, government incentives, institutional capacity, and investor awareness levels. This confirms that regulatory harmonization, increased investor literacy, and strengthening the green project portfolio are strategic steps needed to accelerate the growth of green bonds in ASEAN.

Transparansi dan Akuntabilitas Transparansi dan Akuntabilitas Dalam Proses Pengadaan Barang dan Jasa di Dinas Komunikasi dan Informatika Kabupaten Bogor Yuliarti, Erni; Arief Tri Hardiyanto; Hendro Sasongko
International Journal Administration, Business & Organization Vol 7 No 1 (2026): IJABO
Publisher : Asosiasi Ahli Administrasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61242/ijabo.26.593

Based on the Supreme Audit Agency (BPK) report, procurement of goods and services in Bogor Regency still faces challenges, including limited public information access and weak independent oversight. These issues contributed to the regional government’s Qualified Opinion (WDP), driven by unclear management of BOS-related expenditures, non-compliant allowance for doubtful accounts, and high short-term liabilities. This study analyzes the implementation of transparency and accountability principles in the procurement process at the Department of Communication and Informatics of Bogor Regency. Using a qualitative descriptive approach, data were collected through open and closed questionnaires, in-depth interviews, and document analysis, and analyzed using the Miles and Huberman interactive model. The findings indicate that transparency through the Electronic Procurement Service (LPSE) system has been implemented adequately; however, challenges persist in data integration, documentation quality, and internal monitoring. Accountability efforts through reporting and auditing are evident but constrained by limited human resource competence, the absence of measurable accountability mechanisms, and weak multi-layered oversight. The study underscores the need for integrated digital data management, capacity building for procurement personnel, and stronger oversight systems to enhance transparency and accountability in public procurement.

STRATEGY FOR INTEGRATING SOCIAL SECURITY PROTECTION INTO SPORTS EVENTS Jeperson Pardede; Noer Azam Achsani; Hendro Sasongko
International Journal of Social Science, Educational, Economics, Agriculture Research and Technology (IJSET) Vol. 5 No. 8 (2026): JULY
Publisher : RADJA PUBLIKA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.5281/zenodo.21212534

Background: The participation of informal workers (Bukan Penerima Upah / BPU) in BPJS Ketenagakerjaan remains low despite the rapid growth of sports events in Indonesia. Running events involve various informal actors who face occupational risks, yet most events still rely on liability waivers rather than formal social security protection. Although national regulations mandate protection for sports actors, implementation remains fragmented and non-integrated. Objective: This study aims to analyze the perceptions and preferences of sports event participants and organizers toward social security protection and formulate an integration strategy to increase informal workers’ participation in BPJS Ketenagakerjaan Samarinda. Method: This study employed a mixed-method approach using Structural Equation Modeling–Partial Least Squares (SEM-PLS) and Soft System Methodology (SSM). SEM-PLS was used to analyze the perceptions and preferences of runners and sports event organizers toward social security protection, while SSM was applied to formulate an integration strategy for BPJS Ketenagakerjaan protection within sports events. Conclusion: The SEM-PLS results indicate that perceived behavioral control, particularly ease of registration and process simplicity, is the most influential factor affecting runners’ intention to participate, while product attributes are the dominant factor for event organizers. The SSM analysis further reveals that successful integration requires regulatory support, digital registration integration, bundled participation mechanisms, cross-sector collaboration, and continuous monitoring. Therefore, a system-based and integrated approach is more effective than conventional voluntary approaches in expanding social security coverage within the sports event ecosystem.

Transformasi UMKM Melalui Inovasi, AI, Keuangan, dan SDM: Studi Kasus UMKM Bojong Rangkas Estuti Fitri Hartini; Abdul Halik; Asrori Asrori; Hendro Sasongko
Abdimas Galuh Vol 8, No 1 (2026): Maret 2026
Publisher : Universitas Galuh

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25157/ag.v8i1.21994

Meskipun memiliki kepentingan strategis dalam perekonomian Indonesia, UMKM terus menghadapi kendala di bidang digitalisasi, literasi keuangan, inovasi, dan pengembangan sumber daya manusia. Melalui pelatihan komprehensif tentang subjek seperti pemasaran AI, manajemen keuangan, pengembangan sumber daya manusia, dan inovasi produk, pengabdian kepada masyarakat ini mengatasi masalah-masalah ini untuk UMKM di Desa Wisata Bojong Rangkas. 39 UMKM dari berbagai industri, termasuk fashion, craft, dan kuliner, berpartisipasi dalam kegiatan tersebut pada tanggal 6 November 2025. Pedekatan yang digunakan adalah ceramah interaktif, demonstrasi, dan praktik langsung sebagaimana dianjurkan dalam model capacity building UMKM (Ainurrokhim, Hati, and Adibta 2024). Evaluasi pasca pelatihan dilakukan melalui kuesioner Likert untuk mengukur empat dimensi utama: AI marketing, keuangan, SDM, dan inovasi. Hasil analisis menunjukkan bahwa seluruh dimensi memperoleh skor rata-rata tinggi, yaitu 4,20 untuk AI marketing; 4,21 untuk keuangan; 4,37 untuk SDM; dan 4,28 untuk inovasi. Mayoritas peserta juga menunjukkan peningkatan pemahaman terhadap strategi digital, termasuk pengemasan dan promosi produk, yang merupakan bagian penting dalam pengembangan UMKM (Rahmawati et al. 2023). Secara umum, pelatihan terbukti efektif meningkatkan kesiapan digital dan kapasitas manajerial UMKM Bojong Rangkas. Kegiatan ini memberikan gambaran bahwa pendekatan pelatihan yang menggabungkan aspek teknologi, keuangan, SDM, dan inovasi mampu menciptakan transformasi UMKM secara komprehensif. Ke depan, diperlukan pendampingan berkelanjutan dan integrasi dengan ekosistem digital agar peningkatan kapasitas pelaku UMKM dapat terimplementasi secara konsisten.

Strategy for Optimizing Oil Palm Plantation Productivity Through Barangan Banana Intercropping During Replanting Period (Case Study: PT Agricinal) Daniel Martahi Bonar Manurung; Hermanto Siregar; Hendro Sasongko
Asian Journal of Social and Humanities Vol. 4 No. 4 (2026): Asian Journal of Social and Humanities
Publisher : Pelopor Publikasi Akademika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59888/ajosh.v4i4.669

The declining productivity of oil palm plantations exceeding the optimal productive age (>25 years) poses significant financial challenges for plantation companies. PT Agricinal experienced a drastic decrease in Fresh Fruit Bunch (FFB) productivity from 6.41 tons/ha/year in 2020 to 3.92 tons/ha/year in 2022—far below the ideal standard of 25–30 tons/ha/year. This condition triggered a replanting decision in 2022 but created a 3–4-year non-productive period (Tanaman Belum Menghasilkan/TBM) without operational revenue. This research aims to analyze the financial feasibility of Barangan banana intercropping on 1,000 ha of replanting land as a revenue optimization solution. The research methodology employs a mixed-methods approach that combines quantitative business feasibility analysis—using Net Present Value (NPV), Internal Rate of Return (IRR), Net Benefit-Cost Ratio (Net B/C), Payback Period (PP), sensitivity analysis, and SWOT analysis indicators—with qualitative insights. Research findings demonstrate that Barangan banana intercropping provides significant improvements in financial feasibility: NPV increased 66.8%, from IDR 58.63 billion to IDR 97.79 billion; IRR increased from 25% to 45%; Net B/C increased from 1.65 to 1.77; and Payback Period shortened from 6 years to 4 years. Sensitivity analysis proves the project's resilience to fluctuations in CPO prices, operational costs, and FFB productivity. The intercropping strategy effectively fills cash flow gaps during the TBM period, enhances land use efficiency, and strengthens plantation business competitiveness. This research concludes that implementing Barangan banana intercropping on oil palm replanting land is feasible and strategic for large-scale application as a sustainable agribusiness model.

Short-Run Relationships Between Indonesia’s Capital Market And BRICS Countries Using Granger Causality Makmur Sianipar; Yohanes Indrayono; Hendro Sasongko
International Journal of Science and Environment (IJSE) Vol. 5 No. 2 (2025): May 2025
Publisher : CV. Inara in Colaboration with www.stie-sampit.ac.id

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51601/ijse.v5i2.117

This study investigates the short-term causal relationships between Indonesia’s capital market and the stock markets of BRICS countries, Brazil, Russia, India, China, and South Africa, using the Granger Causality Test on daily data from June 2023 to May 2025. Following Indonesia’s formal membership in BRICS in January 2025, understanding these financial linkages becomes increasingly vital for portfolio diversification, risk management, and macroeconomic policy. The analysis reveals significant short-term causal interactions, particularly between the Jakarta Stock Exchange (JSX) and markets such as FTSEJSE (South Africa), BOVESPA (Brazil), MOEX (Russia), and SHANGHAI (China). South Africa emerges as a central transmitter of volatility, while Indonesia demonstrates both influence and sensitivity to BRICS markets. The findings highlight asymmetric integration within BRICS, indicating that while some markets exert predictive influence, others remain relatively independent in the short term. This research contributes to the literature by focusing on Indonesia’s strategic role post-membership and offering practical insights for investors and policymakers. Recommendations include enhancing real-time cross-country market surveillance and further research incorporating macroeconomic variables and nonlinear models to assess long-term integration. The study underlines the growing interdependence among emerging markets in an era of intensified globalization.

Financial performance, capital structure, and firm's value: The moderating role of dividend policy N Rusnaeni; Hari Gursida; Hendro Sasongko; Dani Rahman Hakim
Journal of Business, Social and Technology Vol. 4 No. 1 (2023): Journal of Business, Social and Technology
Publisher : Politeknik Siber Cerdika Internasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59261/jbt.v4i1.77

This study examines the effect of financial performance and capital structure on firm value with dividend policy as a moderating variable. The sample in this study was 13 property and real estate sector companies from 2011 to 2020, with a total of 130 observations. This study found that financial performance and capital structure positively affect firm value. Meanwhile, this study finds that dividend policy cannot moderate the effect of financial performance and capital structure on firm value. The results of this study indicate that property and real estate investors still prioritize the firm's financial performance. Investors are relatively more cautious in investing in property and real estate sector companies even though the dividends offered are pretty high. Thus, property and real estate sector companies need to be more creative in improving their financial performance and obtaining resources to develop their business.

Determinants of Subnational Own-Source Revenue Performance: A Six-Cluster Analysis of East Java, Indonesia Muhammad Salam Taufiqi; Sri Mulatsih; Hendro Sasongko
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 2 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i2.9847

East Java Province shows a high degree of dependency of central government control for fiscal regional autonomy. This paper discusses the attributes of Original Regional Revenue (PAD) across the 38 districts and cities within East Java for the periods 2020–2024. This makes use of a six-cluster geomapping strategy and other relevant economical and cultural methodologies. From a descriptive and statistical approach on BPS & DJPK datasets contrasted with PAD and fiscal spending and welfare variables, the clusters revealed substantial divergence. The Industrial Cluster of Surabaya has the highest PAD and the Madura Cluster is consistently rated lowest. Unlike the other Pandemics, COVID-19 effects were delayed with a substantial drop in 2022, and not in 2020 and 2021. While the pandemic revitalized the industrial areas, it did less for the tourism-dependent areas. Rapid tourism development during the pandemic did not help. PAD growth was also influenced by the development of the South Cross Road. With the shift of focus of the gap in financing the urban and rural areas to the insatiable needs for alternative revenue sources, the self-financing mechanisms that regional autonomy provides for the areas to manage their finances sustainably are being strengthened.

GUARANTEE PRODUCT PORTFOLIO: PERFORMANCE AND OPTIMAL PORTFOLIO ANALYSIS Santosa Santosa; Noer Azam Achsani; Hendro Sasongko
JIMFE (Jurnal Ilmiah Manajemen Fakultas Ekonomi) Vol 6, No 1 (2020): Vol 6, No 1 (2020)
Publisher : Universitas Pakuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34203/jimfe.v6i1.1928

This study aims to analyze the performance of guarantee products and optimize guarantee portfolio at PT Penjaminan ABC. The method used in forming the optimal guarantee portfolio is the Markowitz method and the single index model. The results of the formation of optimal portfolios based on the Markowitz method show that there are five eligible guarantee products included in the optimal guarantee portfolio, namely construction financing, counter bank, general financing, micro financing, and multi-use financing. While custom bond, surety bonds, and other guarantees are not included in the optimal portfolio. In contrast to the Markowitz method, based on the single index model, all guarantee products are not eligible to be included in the optimal guarantee portfolio. Managerial implications of the optimal guarantee product portfolio is an increase in guarantee returns which will further increase company profits and increase company equity. An increase in company equity will reduce the gearing ratio in order to comply with regulations, because the gearing ratio is calculated by dividing the outstanding guarantee volume by the total equity.

ANALISIS PENGARUH PENERAPAN IFRS MENGENAI INVESTMENT PROPERTY TERHADAP PENYAJIAN LAPORAN KEUANGAN (STUDI KASUS PADA PERUSAH AAN SEKTOR OTOMOTIF YANG TERDAF TAR DI BEI) Hendro Sasongko; Dida Marhamah
JIMFE (Jurnal Ilmiah Manajemen Fakultas Ekonomi) Vol 6, No 1 (2014): Vol 6, No 1 (2014)
Publisher : Universitas Pakuan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34203/jimfe.v6i1.480

ABSTRAKProperti investasi merupakan salah satu akun yang muncul dalam kelompok aset tidaklancar pada laporan posisi keuanganperusahaan. Penyajian tiap akundalam laporankeuangan tentu harus didasarkan pada PSAK yang berlaku dan diberlakukan oleh IAI.Penerapan PSAK tentu akan berpengaruh terhadap kewajaran penyajian laporan keuanganyang pada umumnya dicerminkan oleh opini auditor independen atas laporan keuangan.Adanya revisi PSAK 13 sebagai adopssi IFRS mengenaiInvestment Propertydianggap akanmempengaruhi penyajian laporan keuangan perusahaan sektor otomotif yang terdaftar di BEI.Metode penelitian yang digunakan adalahmetode deskriptif dengan pendekatandeduktif serta studi kasus pada delapan perusahaan sektor otomotif di BEI. Dari hasilpenelitian yang dilakukan, diperoleh hasil bahwa telah terjadi revisi atas PSAK 13 yakni ditahun 2007 dan terakhir di tahun 2011, mengadopsi IAS 40 dalam IFRS. Perubahan atasPSAK tersebut telah diaplikasikan oleh seluruh perusahaan sampel. Tiga dari delapanperusahaan sampel mengubah model pengukuran atas properti investasi dari model biayamenjadi model nilai wajar sebagaimana diperkenankan dalam PSAK 13 revisi 2007 maupun2011.Selain pengukuran akuntansinya, perolehan, pengungkapan, dan penyajian atas propertiinvestasi kedelapan perusahaan sampel juga telah merepresentasikan perlakuan akuntansi atasproperti investasi PSAK 13 yang telah direvisi.Kata kunci:Investment Propertydan Laporan Keuangan

Co-Authors Abdul Halik Abrar Setiawan Achyar Rasyidi Achyar Rasyidi, Achyar Agung Fajar Ilmiyono Agus Setyo Pranowo Aldillah, Zhafira Huriya Ali Akil Parlindungan Siregar Amelia, Rizka Wahyuni Anggareni, Lukytawati ANGGRAENI, ADITHIA Anggraini, Anggun Anneke Puspasari Annisa Tiaranti Annisaa Soeyono Anny Ratnawati Arief Daryanto Arief Daryanto Arief T. Hardiyanto Arif Imam Suroso Arif Kurniadi Arif Kurniadi Asep Alipudin Asrori Asrori Asto Hadiyoso Awal Susmanto Azizah Bonar M Sinaga Cosmas A.I. Wardojo D S Priyarsono Dani Rahman Hakim Dani Rahman Hakim, Dani Rahman Daniel Martahi Bonar Manurung Danika Reka Artha Danika Reka Artha Dedi Budiman Hakim Dessy Herlisnawati Devia Leviasari Dewi Apriani Dewi Apriani Fr DIAN LESTARI Dida Marhamah Dida Marhamah Didik Notosudjono Dion Achmad Armadi Dwi Kurniawan, Dwi Eni Puji Astuti Epiet Dwi Anggoro Erliza Noor Estuti Fitri Hartini Faisal Azmi Fara Shaliza Geraldy Samuel Ivan Geraldy Samuel Ivan Giovanni Inez Erika Margaretha Giovanni Inez Erika Margaretha Gusrida, Hari Hadiyoso, Asto Hamzah Hamzah Bustomi Hamzah Hamzah Hamzah Hamzah Harahap, Serarifi Elagin Hardiyanto, Arief Tri Hari Gursida Hari Gursinda Hari Muharam Hartoyo Hartoyo Haryadi Krisnandar Hasrul Hasrul Hendramiko Heni Nelawati herdiyana, Herdiyana Herman, Herman Hermanto Siregar Hermanto Siregar Hermanto Siregar Idqan Fahmi Ignatius Leonardus Lubis Imam W Sukoco Imbron, Imbron Indrayono, Yohanes Irman Hermadi Isbat, Isbat Jaka Wiramanggala Jeperson Pardede Jufri, Supriadi Juliando Saragih Kahiyang Ayu Kemas Nurcholish Thoriq Kurniawan, Prasetyo Kusuma, Pradana Jati Lukytawati Anggraeni M Firdaus Maghfira Puti Gaisani Mailini, Dini Marhamah, Dida Marimin , Martinus Tukiran Maulida Aulia Rezki Meita Ratna Saomi Mohamad Nur Hadi Mohammad Nur Hadi Muhamad Firdaus Muhammad Firdaus Muhammad Firdaus Muhammad Firdaus Muhammad Rifqi Syauqi Muhammad Salam Taufiqi N. Rusnaeni Nancy Yusnita Nani Yuheti Yuniatin Nimmi Zulbainarni Obed Fernando Harefa Pradana Jati Kusuma Raden Roro Anita Nur Rimadhani Raden Yogi Arieffiandi Ramadhoni Tiar Saputra Ratu Erlina G, Retno Martanti Endah Lestari Reza Suriansha Rinsan Hutabarat Riyani S. Saputri Riyanti, Evy RIZKY P. LUBIS Rochman Marota Roosganda Elizabeth Roosganda Elizabeth Roy Sembel Rusmanah, Enok Santosa Santosa Setyo Wibowo Shaliza, Fara Siahaan, Matdio Sianipar, Makmur Siti Sofiah Sri Hartoyo Sri Mulatsih Syamsiar, Syamsiar Tintin Sarianti Tony Irawan Tridoyo Kusumastanto Vedi Oktavia Fitry Ani Wardani, Firmansyah Warizal Wihartika, Doni YOHANES INDRAYONO Yohanes Indrayono Yohannes Indrayono Yuary Farradia Yuliandi Yuliandi Yuliarti, Erni Yusman Syaukat yusnita, nancy

Title

Found 105 Documents
Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title Search

Found 105 Documents Search

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Abstract

Title

Found 105 Documents
Search