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PENGGUNAAN ARBITRAGE PRICING THEORY UNTUK KEPUTUSAN INVESTASI
Zaroni .
Bina Ekonomi Vol. 14 No. 1 (2010)
Publisher : Center for Economic Studies Universitas Katolik Parahyangan
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DOI: 10.26593/be.v14i1.727.%p
Risk and return are two important things in investing. A good understanding of how risk is predicted to achieve the expected level of return will provide the optimal investment portfolio. In each of the expected return of an investment is always risky. Determination of risk and return to a central issue in asset pricing theory. The financial and investment experts have developed a model of asset pricing theory (APT) to determine the risk and return in the balance of investment portfolio selection. APT has been a focus of interest in financial and investment studies in the last few decades. APT starts by making the assumption that security returns associated with a number of factors. Factor based models of risk factors that affect expected return securities. The factors that generate these returns either the number or type unknown. Usually represents economic indicators and does not specifically reflect the characteristics of the company. APT as a model must be built on the basis of the assumptions that underlie the workings of the model. A good understanding of the assumptions underlying the Apr model and how the workings of these models will allow us to use these models with good investment decisions.Key words: Return, Risk, Factor Model, Asset pricing Theory (APT)
PENTINGNYA PENDIDIKAN PERBANKAN UNTUK MENGATASI KELANGKAAN MODAL DALAM UMKM
Setiadi Umar
Bina Ekonomi Vol. 14 No. 1 (2010)
Publisher : Center for Economic Studies Universitas Katolik Parahyangan
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DOI: 10.26593/be.v14i1.728.%p
According to the Ministry of Trade and Industry of the Republic of Indonesia (Deperindag), there are problems faced by Small Medium Enterprise(s) (SMEs) to develop themselves. Some of these problems are the insufficiency capital, limited knowledge, uncompetitive financing schemes and lack of education of the SME's owners aggravating the problem. This paper discusses the condition of Indonesian banking and other financial institutions as well as capital conditions, the condition of SME(s,) and the needs of financial and business education for SMEs. Finally, this paper suggests alternative solutions to the problem.Keywords: Small Medium Enterprises (SME)s, SMEs development, SMEs Business Education, Indonesian Banks and LDR, private sector development.
PERBANDINGAN PENGARUH TEKNIK PEMODELAN ENTITY-RELATIONSHIP MODEL DAN RESOURCES-EVENTS-AGENTS MODEL ATAS PERANCANGAN DATABASE PERUSAHAAN
Michael Iskandar
Bina Ekonomi Vol. 14 No. 1 (2010)
Publisher : Center for Economic Studies Universitas Katolik Parahyangan
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DOI: 10.26593/be.v14i1.729.%p
Databases are an important part of most computer-based information systems. As such, the design of a database has also gained importance because a bad design will compromise data integrity as well as make it inefficient in its use of resources. This paper compares the effect of two data modeling approaches on the design of a database, specifically the Entity-Relationship Model (ER Model) and the Resources-Events -Agents Model (REA Model). First, the sales/collection cycle of a fictional case study is described. Then, an ER Model and a REA Model are independently created based on this case study. Finally, one database design is created based on the ER Model, and another database design is created based on the REA Model. The outcome of this experiment shows that both approaches produced similar database designs, but the design processes were different in their complexity, structurally, and completeness. A significant difference is that the ER Model closely followed those aspects that were already laid out by the case study, while the REA Model started out by building a most complete data model, over and above the one described in the case study.
PLAGIARSM: MENGAPA HARUS TERJADI?
FX Supriyono
Bina Ekonomi Vol. 14 No. 1 (2010)
Publisher : Center for Economic Studies Universitas Katolik Parahyangan
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DOI: 10.26593/be.v14i1.730.%p
The purpose of this article is to describe a hot issue called plagiarism. Even though, this is not a simple matter and even some people said that it is a mission impossible, higher education should participate to overcome the problem. The problems of plagiarism exist 'because of many reasons. First it is caused by internal factors, such as personality; values and low appreciation of science. Second it is merely 'caused by external factors such as education system, promotion system, character building, reading habits and control of the institution. Therefore, several steps should be taken, such as emphasizing of the character building in the process of learning; providing the system control and improving the process of consultation. By doing this steps, it is possible to minimize that deviant behavior.
REKSA DANA SEBAGAI SALAH SATU ALTERNATIF INVESTASI
Meilinda .
Bina Ekonomi Vol. 14 No. 1 (2010)
Publisher : Center for Economic Studies Universitas Katolik Parahyangan
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DOI: 10.26593/be.v14i1.731.%p
An investor always search for the best investment to protect and grow his/her wealth. There are many investment instruments that provide high-return with high-risk and vice versa. Choosing the right instrument for an investor may depend on the risk profiles, amount of fund, time horizon, knowledge and the goal to achieve. Despite of the risks, mutual/investment fund is one of the profitable investment instruments.Keywords : investment, return, risk profiles, mutual investment fund
RFID: THEORY, IMPLEMENTATION AND CRITICS
Lydia Mutiara Dewi
Bina Ekonomi Vol. 14 No. 1 (2010)
Publisher : Center for Economic Studies Universitas Katolik Parahyangan
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DOI: 10.26593/be.v14i1.732.%p
Penemuan continuous wave (CW) untuk radio dan teknologi memungkinkan adanya pengembangan terhadap teknologi Radio Frequency ldentification (RFID). Perkembangan teknologi ini segera diikuti oleh adanya implementasi teknologi RFID di berbagai bidang usaha. Teknologi RFID meningkatkan efisiensi dan keakuratan dalam pelaksanaan kegiatan sehari-hari terutama di bidang bisnis. Di sisi lain, adanya implementasi teknologi RFID yang baru-baru ini diterapkan kepada hewan dan manusia dengan cara menanamkan sebuah biochip ke dalam tubuh hewan dan manusia tersebut telah menuai kritik apakah demi alasan efisiensi dan keakuratan, sebuah teknologi dapat menimbulkan intervensi yang terlalu jauh dan menimbulkan ancaman bagi kehidupan hewan dan manusia.
STRUKTUR ORGANISASI PEMERINTAH DAERAH: SUATU ANALISIS BERDASARKAN PERATURAN PEMERINTAH NO.41 TAHUN 2007 (ANALISIS PERBANDINGAN STRUKTUR ORGANISASI PEMERINTAH DAERAH KABUPATEN BANYUMAS DENGAN KABUPATEN PURBALINGGA PROVINSI JAWA TENGAH)
Denok Kurniasih
Bina Ekonomi Vol. 14 No. 1 (2010)
Publisher : Center for Economic Studies Universitas Katolik Parahyangan
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DOI: 10.26593/be.v14i1.733.%p
The emergence of Government Regulation No. 41 of 2007 about the organization Regional device provides a new spirit for the region to establish the organizational structure according to the needs. This regulation provides for the freedom to determine their own structure. Thus local government really can be more flexible in determining the organizational structure according to the needs of each region. However, analysis show organizational structure formed in Banyumas and Pubalingga added even more local government budgets. Local government performance is not better in serving the public as users of services. Because the existing structure instead many became major problems in the organization to the exclusion of performance. Actually Banyumas and Purbalingga has developed an organizational structure in accordance with Regulation No. 41 of 2007. But in translating these rules have some differences. Among them are related to the establishment of priorities, grouping and certain institutions such as agricultural extension agencies, sports agencies and community development office. In general, the issue of successful visits of the two structures is overlap each other instead of duty or have a business or a job that is not contained in the structure. This causes the existing structure has a workload that is not evenly distributed within the organization. Besides the preparation of organizational structure is still impressed by the political arena alone. Local governments need more innovative and creative in exploiting opportunities discretion. It is necessary to create organizational structure become more efficient and effective in accordance with regional needs and capabilities.
A NATION AND BUREAUCRACY: A PUBLIC ADMINISTRATION POINT OF VIEW (AN INDONESIAN CASE)
Ayuning Budiati
Bina Ekonomi Vol. 14 No. 1 (2010)
Publisher : Center for Economic Studies Universitas Katolik Parahyangan
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DOI: 10.26593/be.v14i1.734.%p
Indonesia adalah Negara yang besar dengan pulau-pulau yang banyak. Untuk mengatur Negara yang besar seperti itu sangatlah rumit, untuk itu diperlukan birokrasi yang baik. Birokrasi yang baik berarti tercapainya efektivitas dalam pencapaian tujuan organisasi. Birokrasi memang fungsinya untuk mengatur dengan baik pemerintahan yang dilaksanakan oleh banyak pegawai (birokrat). Birokrasi adalah untuk melaksanakan proses administrasi dengan mengkoordinasikan pekerjaan pegawai secara sistematis. Dewasa ini, Indonesia menghadapi masalah-masalah yang berkaitan dengan ketidakefisienan dan keefektivan birokrasi. Birokrasi yang tidak efisien mengakibatkan adanya korupsi, kolusi dan neptisme. Misalnya dalam kegiatan pelayanan publik. Investor asing banyak yang malas berbisnis ke lndonesia karena berbelit-belitnya proses administrasi, banyaknya pungutan-pungutan liar, proses perizinan yang lama dan kondisi infrastruktur yang tidak mendukung. Penelitian oleh lembaga yang berkaitan dengan transparansi, di tahun 2007 yang dikutip oleh Kompas, 5 Maret 2007, menunjukkan 62.9% responden menunjukkan inefisiensi dalam birokrasi Indonesia dan 58% responden mengatakan menyuap petugas dalam perolehan pelayanan akan lebih baik dibanding tidak menyuap. Tulisan ini berargumen bahwa ada tiga factor dalam implementasi administrasi Negara yang harus diterapkan dalam meningkatkan efisiensi dan efektivitas penyelenggaraan pemerintahan, yakni recoding para birokrat, mengimplementasi prinsip-prinsip "the ideal of administrative responsibility", dan mengimplementasikan "best value".Key words: best value, recoding
CHAORDIC ENTREPRISE: SEBUAH PENGANTAR
Fransisca Mulyono
Bina Ekonomi Vol. 14 No. 1 (2010)
Publisher : Center for Economic Studies Universitas Katolik Parahyangan
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DOI: 10.26593/be.v14i1.735.%p
Business environment nowadays, that becoming more and more turbulent and complex, is hard to be predicted by managements since it has the butterfly effect : the effect that brings the greater effect in other places in this world when there is a change in a certain place. Traditional organization that considering employees as an object with its rigid structure cannot adjust these rapid changes properly. It needs to be replaced by a new alternative organization: chaordic organization, i.e. an organization that combines chaos and order situation in the same time to bring changes in management as an anticipation to its environment. Chaordic organization is very important for business today because of its high appreciation on human resources making everybody in all units of organization have a high degree on autonomy and freedom, and as a result be the leading creative and innovative organization.Key words : turbulensi, kompleksitas, kreativitas, inovasi, chaordic.
ENTERPRISE RISK MANAGEMENT (ERM) SOAR (STRATEGIC OBJECTIVE AT RISK) METHODOLOGY
Fredella Colline
Bina Ekonomi Vol. 14 No. 1 (2010)
Publisher : Center for Economic Studies Universitas Katolik Parahyangan
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DOI: 10.26593/be.v14i1.736.%p
Risk is part of every business decisions. Risk Management helps enterprises whether to take or avoid some risks that related to their objectives. Risks are by their very nature dynamics, fluid and highly interdependent so that they cannot be broken into separate components and managed independently. Enterprises operating in today's volatile environment require a much more integrated approach to managing their portfolio of risks that is Enterprise Risk Management (ERM) SOAR. Methodology can be used to implement an effective ERM framework. This paper focuses on the application of the SOAR process to risks associated with strategic objectives. The further explanation will contain the elaboration of SOAR concepts, process and example.Key words: ERM, SOAR, strategic objective, risk drivers, controls, metrics