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All Journal Asia-Pacific Management and Business Application
Henry Kusuma Adikara, Henry Kusuma
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Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

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New Public Financial Management and Its Legitimacy Adikara, Henry Kusuma
APMBA (Asia Pacific Management and Business Application) Vol. 3 No. 1 (2014)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.apmba.2014.003.01.5

Abstract

This paper’s for discuss the importance of New Public Financial Management (NPFM) legitimacy. As part of the new regulation in the finance sector, NPFM promotes the application of transparency and accountability of company expenditures, risk management and value for money. However, literature study revealed that NPFM is not implemented yet in the public organization, especially in the developing countries, like Indonesia. It is predicted that it is due to socio-cultural aspect of the implementation of NPFM does not meet the society expectations. This paper explores and suggests that socio-cultural aspect should be taken into account in the implementation of NPFM or NPM. 
Factors Attributing to Outwards Direct Investments from Developing Countries to Developed Countries: Evidence from China and India Avina, Diyah Ayu Amalia; Adikara, Henry Kusuma
APMBA (Asia Pacific Management and Business Application) Vol. 5 No. 2 (2016)
Publisher : Department of Management, Faculty of Economics and Business, Brawijaya University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.apmba.2016.005.02.4

Abstract

The purpose of this research is to explore the growing trend of outward foreign direct investments (OFDIs) from developing countries to developed countries. Market-seeking and strategic asset explorations are the main motivations for conducting OFDIs in developed countries. Meanwhile, cross-border greenfield investments and cross-border mergers and acquisitions are the main entry strategies used by developing countries when penetrating the developed markets. Finally, this paper reveals mixed results about the explaining ability of John Dunning’s International Development Path (IDP) theory on the patterns of selected developing markets' OFDIs to developed countries. On the one hand, China’s OFDIs follow the paths in the IDP theory. On the other hand, those of India do not confirm so.
Co-Authors Diyah Ayu Amalia Avina, Diyah Ayu Amalia