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A Growth Model For International Education In Developing Countries Nguyen, Hoang T.; Ma′ruf, Ma′ruf; Stoffers, Jol
Jurnal Administrasi Bisnis Vol 11, No 1 (2015)
Publisher : Business Administration Study Program - Universitas Katolik Parahyangan

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (133.382 KB)

Abstract

This papers objective is to build a collaboration framework to marshal the international cooperation among universities, not only within the same region in developing countries but also with developed countries. The research is based on selected case studies, which consists of top universities in Vietnam, Indonesia, Australia, the Netherlands, and the worldwide universities network. The suggested framework involves two core activities, which are teaching and learning, and research. These are influenced by required resources, policy, and accreditation. The key for successful collaboration lies in the relations between these elements; therefore, the collaboration will not necessarily follow a continuum. Keywords: collaboration in higher education, university
Market Competition and Agency Problem: a Study in Indonesian Manufacturing Companies Nugroho, Ahmad Cahyo; Stoffers, Jol
JDM (Jurnal Dinamika Manajemen) Vol 11, No 1 (2020): March 2020 (DOAJ Indexed)
Publisher : Department of Management, Faculty of Economics, Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jdm.v11i1.21684

Abstract

This research examines the relationship between firm investment and market competition, market position and market position as market leader. This study analyzes agency problems in manufacturing companies’ investment decisions by considering market competition, since market competition is considered as one of essential factor that affect the firm investment. Further, high competition signals company’s increased investment, that leads to business efficiency. Investment decisions are important for companies to survive, and more competitive companies are likely to conduct more risky activities, especially regarding capital expenditures for investments. This study uses the dynamic panel data method, which includes annual financial report of 100 listed manufacturing companies on IDX from 2007 to 2016. The companies were selected after sorting using several criteria, such as completeness of financial report and being registered on IDX during the period. Results suggest that leverage improves management control functions, and competition increases a company’s investments to maintain its position in the market. Competition is not strengthened or weakened by sales growth and there are indications of herding behavior following market leaders.
Market Competition and Agency Problem: a Study in Indonesian Manufacturing Companies Nugroho, Ahmad Cahyo; Stoffers, Jol
JDM (Jurnal Dinamika Manajemen) Vol 11, No 1 (2020): March 2020
Publisher : Department of Management, Faculty of Economics and Business, Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jdm.v11i1.21684

Abstract

This research examines the relationship between firm investment and market competition, market position and market position as market leader. This study analyzes agency problems in manufacturing companies’ investment decisions by considering market competition, since market competition is considered as one of essential factor that affect the firm investment. Further, high competition signals company’s increased investment, that leads to business efficiency. Investment decisions are important for companies to survive, and more competitive companies are likely to conduct more risky activities, especially regarding capital expenditures for investments. This study uses the dynamic panel data method, which includes annual financial report of 100 listed manufacturing companies on IDX from 2007 to 2016. The companies were selected after sorting using several criteria, such as completeness of financial report and being registered on IDX during the period. Results suggest that leverage improves management control functions, and competition increases a company’s investments to maintain its position in the market. Competition is not strengthened or weakened by sales growth and there are indications of herding behavior following market leaders.