Aswin Rivai
Universitas Pembangunan Nasional Veteran Jakarta

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DETERMINANTS OF ASSETS GROWTH OF FOREIGN OWNED BANKS IN INDONESIA Aswin Rivai; Rina Indiastuti
Aliansi : Jurnal Manajemen dan Bisnis Vol 13, No 2 (2018): Aliansi : Jurnal Manajemen dan Bisnis
Publisher : Sekolah Tinggi Manajemen IMMI Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46975/aliansi.v13i2.22

Abstract

The aim of this research is to assess the dominant factors enabling foreign owned banks to increase their assets in Indonesia and to confirm whether the “follow the customers hypothesis” is also applicable in motivating foreign owned banks to do business in Indonesia to support investment and trade activities of the companies originated from foreign countries. Using the panel data of 28 foreign owned commercial banks in Indonesia between 2006-2015 obtained from Indonesian Banking Directory, Indonesian Banking Statistics databases, foreign country central bank websites, a least square dummy variable (LSDV) regression model was applied to examine the effect of Bilateral Trade, Foreign Direct Investment (FDI), Interest Rate Differences, Domestic Deposits, Parent banks Return on Assets (ROA) and Length of Time presence of the foreign owned banks in Indonesia on Assets or Size of Foreign Owned Banks. The main findings is that the decisions by foreign owned banks to operate and to expand its business in Indonesia is predominantly affected by the increase in realization of projects funded by Foreign Direct Investment from counterpart countries, third parties fund or domestic deposit denominated in foreign currencies, profitability of the parent banks in home country and long time presence in Indonesia to enable parent bank and their branches or subsidiaries gain better operating experience, better general managerial expertise and better knowledge of local environment. Bilateral Trade and Interest Rate Differences between home and host country has no impacts at all on Assets of Foreign Owned Banks. “Follow the customer hypothesis” is applicable in Indonesia only in terms of FDIs but not applicable in terms of bilateral trade. The findings will help management of the banks in designing more reliable business plan and also used as input or tools for policy makers prior issuing the license for the newly open foreign owned banks offices or increase of its branch offices. It is suggested foreign owned banks to consider empowering its trade financing scheme which will increase the banks size or assets.
DETERMINAN SUKU BUNGA PASAR UANG ANTAR BANK TAHUN 1990-2019 Juan Patrick Lie; Aswin Rivai
SIBATIK JOURNAL: Jurnal Ilmiah Bidang Sosial, Ekonomi, Budaya, Teknologi, dan Pendidikan Vol. 1 No. 8 (2022): July
Publisher : PENERBIT LAFADZ JAYA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/sibatik.v1i8.162

Abstract

Tingkat Suku Bunga Pasar Uang Antar Bank merupakan tingkat suku bunga yang digunakan pada perbankan dan ditetapkan oleh bank sentral yang digunakan untuk transaksi pada pasar uang di Indonesia. Suku bunga pasar uang antar bank di pengaruhi oleh berbagai faktor moneter seperti inflasi, nilai tukar, jumlah uang beredar dan investasi. Penelitian ini bertujuan untuk mengetahui pengaruh inflasi, nilai tukar, jumlah uang beredar dan investasi terhadap suku bunga pasar uang antar bank. Penelitian ini menggunakan data dari tahun 1990-2019 per tahun. Metode yang digunakan dalam penelitian ini ialah model analisis linear berganda dengan menggunakan metode OLS. Hasil analisis regresi linear berganda menujukkan bahwa (1) terdapat pengaruh yang signifikan antara inflasi dengan suku bunga pasar uang antar bank (2) terdapat pengaruh yang siginifikan antara nilai tukar dengan suku bunga pasar uang antar bank (3) terdapat pengaruh yang signifikan antara jumlah uang beredar dengan suku bunga pasar uang antar bank (4) terdapat pengaruh yang signifikan antara investasi dengan suku bunga pasar uang antar bank.
Pendorong Pertumbuhan Ekonomi Regional di Jawa: Kemiskinan, Pembangunan Manusia, dan Tenaga Kerja: Studi Empiris Menggunakan Data Panel Tahun 2012 hingga 2024 Prasetyo, Muhammad Dimas; Rivai, Aswin
Ekonomi dan Bisnis Vol 12 No 1 (2025): EKONOMI DAN BISNIS
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Pembangunan Nasional Veteran Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35590/jeb.v12i1.12055

Abstract

Purpose: This study aims to analyze the influence of the Poverty Gap Index (PGI), Human Development Index (HDI), and Labor Force Participation Rate (LFPR) on the growth of Gross Regional Domestic Product (GRDP) in six provinces on Java Island from 2012-2024. The study also examines the simultaneous effect of these three independent variables on GRDP growth. Design/methodology/approach: A quantitative approach was employed using panel data regression analysis. The sample consists of six provinces in Java Island over the period 2012 to 2024, with data processing conducted using Stata 17. Model selection involved the Chow Test and Lagrange Multiplier Test. Classical assumption tests included normality, multicollinearity, heteroskedasticity, and autocorrelation. Findings: The results indicate that the Poverty Gap Index has a significant negative effect on GRDP growth. The Human Development Index has no significant effect on GRDP growth. While the Labor Force Participation Rate has a significant positive effect on GRDP growth. Simultaneously, the three independent variables were found to have a statistically significant joint effect on GRDP growth in Java. Research limitations/implications: This study is limited by its inclusion of only three independent variables and less detailed supporting literature for the Poverty Gap Index. This suggests that the model's explanatory power is limited, and GRDP variations are largely influenced by factors outside the model. Practical implications: These findings highlight the importance of policies that not only reduce the number of poor but also the depth of poverty through more targeted social assistance. Improving the quality of education and health is crucial for enhancing labor productivity. Furthermore, the creation of productive employment opportunities should be encouraged to optimize labor force participation. Originality/value: This research provides empirical contributions to understanding the relationship between the Poverty Gap Index, Human Development Index, and Labor Force Participation Rate on GRDP growth in Java Island from 2012-2024, addressing previous research limitations. The use of the Poverty Gap Index offers a more sensitive measure of poverty's economic burden on marginalized groups. Paper Type: This article is quantitative empirical research paper that employs secondary data and panel data regression analysis to examine the relationship between socio-economic variables and regional economic growth in Java Island. The approach emphasizes statistical hypothesis testing and the presentation of verifiable results, providing an empirical contribution to understanding the key drivers of regional economic growth. Keywords: Poverty Depth Index , Human Development Index , Labor Force Participation Rate , GRDP , Panel Data Regression , Java Island.