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MACRO ECONOMICS FACTORS AND BANK LENDING BEHAVIOUR IN INDONESIA Rofikoh Rokhim; Yinylia Rusli
Economic Journal of Emerging Markets Volume 4 Issue 2, 2012
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v4i2.3317

Abstract

AbstractThis study examines the influencing macro economics factor in lending distribution and observes the comparison of each factor based on lending type which are investment, working capital and domestic consumption lending. Using data of Indonesian commercial banks between 2003-2011 and a balanced panel method, it finds that bank liquidity and inflation rate have significant negative effect, while number of banks has strong positive influence to stimulate lending distribution. Moreover, saving rate and GDP growth were found not meaningfully contributed to change investment lending distribution, but they significantly influenced the other lending distribution. Lastly, reserve requirement and exchange rate did not significantly influence all lending type.Keywords: Loan, interest rate, growth, GDP.JEL Classification Numbers: G21, E43, E51AbstrakStudi ini meneliti faktor ekonomi makro yang mempengaruhi distribusi pinjaman dan mengamati perbandingan masing-masing faktor berdasarkan jenis pinjaman yaitu pinjaman investasi, modal kerja dan konsumsi. Dengan menggunakan data dari bank-bank komersial di Indonesia antara 2003-2011, dengan menggunakan analisis data panel, ditemukan bahwa likuiditas perbankan dan tingkat inflasi berpengaruh negatif signifikan, sedangkan jumlah bank berpengaruh positif dan kuat untuk mendorong distribusi pinjaman pada semua jenis pinjaman. Selain itu, tingkat tabungan dan pertumbuhan PDB ditemukan tidak bermakna dalam kontribusinya untuk mempengaruhi distribusi kredit investasi, tetapi secara signifikan mempengaruhi distribusi pinjaman lainnya. Terakhir, GWM dan nilai tukar tidak signifikan mempengaruhi semua tiga kategori jenis pinjaman. Keywords: Loan, interest rate, growth, GDPJEL Classification Numbers: G21, E43, E51
THE EFFECT OF OWNERSHIP STRUCTURE AND CASH FLOW TO THE NON-FINANCIAL FIRMS’ DIVIDEND PAYOUT RATIO LISTED IN IDX Regina Aria Putri; Rofikoh Rokhim
MIX: JURNAL ILMIAH MANAJEMEN Vol 6, No 2 (2016): MIX: Jurnal Ilmiah Manajemen
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (699.635 KB)

Abstract

Abstract. The aim of this study is to analyze the effect of ownership structure and cashflow to the non-financial firms’ dividend payout ratio listed in Indonesian StockExchange (IDX). The samples of this study are 63 firms over the period 2009 – 2013.This study conducted in panel regression analysis using the random effect modelapproach. The result of regression found that largest shareholder and governmentownership give a positive effect to the payment of dividend. While institutionalownership and operating cash flow give a negative impact to the payment of dividend.Keywords: dividend, ownership structure, cash flowAbstrak. Penelitian ini bertujuan untuk menganalisis pengaruh ownership structuredan cash flow terhadap dividend payout ratio pada perusahaan non-keuangan yangterdaftar di Indonesia Stoack Exchange (IDX). Sampel penelitian ini adalah 63perusahaan dengan periode penelitian tahun 2009 – 2013. Penelitian ini dilakukandengan menggunakan panel regression analysis dengan pendekatan random effectmodel. Hasil regresi menunjukkan bahwa largest shareholder dan governmentownership memberikan pengaruh positif yang signifikan terhadap pembayaran dividen.Sementara institutional ownership dan operatingcash flow memberikan pengaruh negatif yang signifikan terhadap pembayaran dividen.Kata kunci: dividen, struktur kepemilikan, arus kas
Can Board Gender Diversity Strengthen ESG’s Role in Preventing Financial Fraud in ASEAN-5? Fairuz Fairuz; Rofikoh Rokhim
Eduvest - Journal of Universal Studies Vol. 5 No. 6 (2025): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v5i6.50195

Abstract

This study focuses on analyzing the effect of Environmental, Social, and Governance (ESG) performance on financial fraud indication probability in publicly listed companies in ASEAN-5 Countries, with board gender diversity as a moderating variable. This research utilizes panel data from ASEAN-5 non-financial listed companies during the period of 2019-2023, and applies logistic regression methods to test the hypotheses, using The Beneish M-Score to assess the level of financial statement fraud. Our results shows that higher ESG score can reduce the probability of financial fraud significantly, while the female board prove to strenghthen the negative impact between ESG performance and Financial Fraud, also intensify the performance of E and G in inhibiting the probability of financial fraud indication. Furthermore, this paper provides new insights into how ESG performance can contribute to reducing financial fraud, with the moderation of board gender diversity. Also, by developing and enforcing the regulation regarding corporate governance and information disclosure, regulators and policy makers can mitigate the risk of financial fraud in ASEAN-5 country.