cover
Contact Name
Safrilia Ayu Nani
Contact Email
bpjfeb@ub.ac.id
Phone
+6285708508515
Journal Mail Official
csefb@ub.ac.id
Editorial Address
Jl. MT Haryono No 165 Malang Fakultas Ekonomi dan Bisnis Universitas Brawijaya
Location
Kota malang,
Jawa timur
INDONESIA
Contemporary Studies in Economic, Finance and Banking (CSEFB)
Published by Universitas Brawijaya
ISSN : -     EISSN : 29633303     DOI : 10.21776/ub.csefb
Core Subject : Economy, Social,
Publish all forms of quantitative and qualitative research articles as well as other scientific studies related to the fields of Economics, Finance, and Banking.
Articles 262 Documents
ANALISIS PERILAKU KONSUMEN TERHADAP PENGGUNAAN PLATFORM DIGITAL BANK (Studi Pada Generasi Z Kota Malang) Calista Donabella, Belinda; Manzilati, Asfi
Contemporary Studies in Economic, Finance and Banking Vol. 1 No. 2 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2022.01.2.04

Abstract

Technology and an increasingly developing economy that has an efficient impact on the use of cash. When using cash to transact with a large enough value it becomes inefficient. Crimes such as robbery, theft and counterfeiting cause people to have a fear of storing or carrying large amounts of cash. The purpose of this study was to determine how the influence of service quality, convenience, innovation, and trust on customer satisfaction in using the bank's digital platform. The research sample used was 200 people from Generation Z in Malang City. The research method used is a type of quantitative research with data analysis techniques using logistic regression. The results show that simultaneously service quality and convenience have an effect on customer satisfaction in using the bank's digital platform, while partially innovation and trust have no significant effect on customer satisfaction in using the bank's digital platform. banks need to increase innovation through digital banks they have and provide.
ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI TINGKAT PENGANGGURAN DI PROVINSI JAWA TENGAH (Studi Kasus Pada Periode 2008-2021) Utami, Astiti Margi; Pudjihardjo, M
Contemporary Studies in Economic, Finance and Banking Vol. 1 No. 2 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2022.01.2.02

Abstract

The number of the workforce that is not proportional to the availability of jobs can lead to unemployment. In 2021, Central Java Province already has a dominant workforce from the total population so that it is vulnerable to unemployment. This research aims to analyze the effect of MSMEs, Investment and Minimum Wage on the unemployment rate in Central Java Province in 2008-2021. The method used in this study is quantitative analysis and used secondary data obtained from BPS, Central Java DPMPTSP, and other. The technique of analyzing data uses multiple regression with a supported by software SPSS. The resulth of the research show that : (1) number of MSMEs, Minimum Wage and investment had a significant affect simultaneously on unemployment rate (2) number of MSMEs had a negative and significant effect on unemployment rate (3) Minimum Wage had a positive and significant effect on unemployment rate (4) investment had no effect on unemployment rate. This is due to investment in Central Java Province which is concentrated in certain sectors that lead to capital-intensive industries so that investment does not have a significant effect on TPT.    
PENGARUH SUKU BUNGA, KURS, INFLASI, VOLUME TRANSAKSI, DAN PELANGGAN TERHADAP HARGA SAHAM Erna Hendriyanti Sa'adah; Setiawan, Putu Mahardika Adi
Contemporary Studies in Economic, Finance and Banking Vol. 1 No. 2 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2022.01.2.03

Abstract

The Covid-19 pandemic has made many changes, especially in the world's economy and stock market conditions. So this study is intended to examine whether or not the influence of interest rates, exchange rates, inflation, transaction volume, and the number of customers on stock prices in operator companies in six countries with the most internet users in the world during pandemic. This research is quantitative research with a linear regression method which data collection is obtained through several pages needed in research. The collected data were then processed and tested through classical assumption tests (normality test, multicollinearity test, heteroscedasticity test, autocorrelation test) and hypothesis testing with linear regression analysis and coefficient of determination. The test in this research uses an econometric application program, E-views version 10. The results of this research showed that the exchange rate (X2) and transaction volume (X4) have no effect on stock prices (Y), and the interest rate variable (X1) has a negative effect and significant to the stock price (Y), while the inflation variable (X3) and the number of customers partially have a positive and significant effect on stock prices (Y). Simultaneously, the variable interest rate (X1), exchange rate (X2), inflation (X3), transaction volume (X4), and the number of customers (X5) affect stock prices (Y) by 97%, while the remaining 3% is affected by other variables outside the model adopted in this research.
THE COMPARATIVE ANALYSIS OF GOLD, STOCKS, SWISS-FRANC, AND BITCOIN AS PORTFOLIO PERFORMANCE DURING COVID-19 PANDEMIC Krisantana, Wayan Jonatan Satwika; Pratomo, Devanto S.
Contemporary Studies in Economic, Finance and Banking Vol. 1 No. 2 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2022.01.2.15

Abstract

This research is based on the phenomenon of new trend of investment during the pandemic. In the last few months, investing in stocks and cryptocurrency is trending in all social media platform. Investment is an asset or item acquired with the goal of generating income or appreciation. The researcher also interest about currency of Swiss nation or called Swiss-franc (CHF). It is because researcher join investment community called “Ternak Uang” and the owners (Timothy Ronald) told that during the pandemic, he switching some of asset portfolio to Swiss-franc in part of hedging investment. There are so many investment products, but this research focusing on four product which are Gold, Stocks (IDX 30), Swiss-franc, and Bitcoin. This research is quantitative research using the comparative method. This research uses time series data, the data collected from time to time on an object for the purpose of describing object development. In this study the type of data used is secondary data in the form of historical data of instrument. Then, the researcher using non-parametric statistical tests, i.e. Kruskall-Wallis test. The result show Bitcoin as an investment that provides the largest return assets, Based on significance value, every instrument also has a real difference risk, Swiss-franc is the highest performance in Sharpe and Jensen Ratio while in Treynor, bitcoin is the highest performance, and Based on significance value, every instrument also has a real difference Treynor and Jensen ratio between each other.
WHAT FACTORS DETERMINE INDONESIA ECONOMIC GROWTH AND HOW DOES THE U.S. AND CHINA TRADE WAR AFFECT IT? Herenda, Agil Muhammad; SS, Vietha Devia
Contemporary Studies in Economic, Finance and Banking Vol. 1 No. 2 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2022.01.2.01

Abstract

This study aims to analyze the factors that determines economic growth in Indonesia and to see whether trade war does affects economic growth in Indonesia. The variable analyzed were exports, imports and inflation as independent variables using secondary monthly data from 2017 to 2020 as samples, and the variable of trade war itself as a dummy. Gross Domestic Product is used as a dependent variable to measure the economic growth. The statistical methods applied are descriptive statistics, classical assumption test, multiple regression model, and paired sample t-test. The findings showed that exports positively influenced economic growth, while imports and inflation does not. Trade war, however, has a favorable influence on trade war, showing a different result obtained from the paired sample t-test.
PENGARUH PENERAPAN GREEN BANKING TERHADAP PROFITABILITAS PERBANKAN DI INDONESIA PERIODE 2016-2021 Asfahaliza, Adinda Nabila Putri; Anggraeni, Puspitasari Wahyu
Contemporary Studies in Economic, Finance and Banking Vol. 1 No. 2 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2022.01.2.10

Abstract

Climate change is one of the global issues that attract public concern these days. The banking sector is inseparable from the responsibility to protect the environment even though it does not directly contribute to environmental damage. Banks can apply environmentally friendly practices in their operational activities or also called green banking. This study aims to analyze the effect of implementing green banking on the profitability of commercial banks listed on the Indonesia Stock Exchange for the period 2016-2021. The application of green banking as an independent variable is projected by the Green Banking Disclosure Index (GBDI) and green banking products consisting of the number of ATM units and the frequency of M-banking transactions. Meanwhile, profitability as the dependent variable will be projected with Return on Assets (ROA). Panel data regression analysis was used to determine the effect of the independent variable on the dependent variable. The research findings reveal that partially the number of ATM units has a positive and significant effect on ROA, while GBDI and the frequency of M-banking transactions have a negative and insignificant effect on ROA. However, simultaneous testing found that the implementation of green banking projected by GBDI, Number of ATM Units, and Frequency of M-banking Transactions had a positive and significant effect on profitability.
PENGARUH DETERMINAN PERDAGANGAN BILAT- ERAL INDONESIA-AUSTRALIA TERHADAP TOTAL EKSPOR INDONESIA DENGAN PENDEKATAN GRAVITY MODEL Efendi, Reyne Niang; Munawar
Contemporary Studies in Economic, Finance and Banking Vol. 1 No. 2 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2022.01.2.12

Abstract

The economic cooperation between Indonesia and Australia has existed for a long time, including in terms of export and import, one of which is contained in the IA-CEPA agreement. However, the trend of growth in Indonesia's imports to Australia tends to be more stable in value than its exports. Geographical proximity is also important for the two countries to support each other's economy, especially in terms of trade, so this study uses a gravity model approach. The purpose of this study was to determine the effect of the distance from the exporting country (Indonesia) to the destination country (Australia), Australia's GDP, Australian population, real exchange rate, and the economic crisis on Indonesia's total exports. This study is a quantitative study using secondary time series data in the form of annual data for the period 1991 to 2020. In this study, the authors used E-views 9 software for processing the collected data.
Analisis Pengaruh Kompetisi, Capital Buffer, Inklusi Keuangan, dan Ukuran Bank terhadap Stabilitas Perbankan di Indonesia Gumanica, Meginta
Contemporary Studies in Economic, Finance and Banking Vol. 1 No. 2 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2022.01.2.09

Abstract

Apart from being an intermediary institution in the economy, banks also play a role in carrying out the transmission function. Therefore, a stable banking system is needed to stimulate the economy and maintain financial system stability to anticipate financial crises. This study investigates the effects of competition, capital buffer, financial inclusion, and bank size on Indonesia's banking system's stability between 2015-2020. This study uses the panel data regression method. The results show that the banking sector supports the competition-fragility hypothesis, which means that a low level of competition can increase bank stability. This study finds that capital buffer and bank size positively impact bank stability. However, financial inclusion only has a positive impact on the stability of large banks but has a negative impact on small banks. It is said that financial inclusion will increase stability in banks with better supervision. In addition, this study finds that larger banks have higher market power and stability than small banks. Therefore, the result supports the implementation of POJK Konsolidasi Bank Umum in improving banking stability through increasing the quantity of bank capital.
PENGARUH STOCK SELECTION SKILL, MARKET TIMING ABILITY, FUND AGE, EXPENSE RATIO, DAN FUND SIZE TERHADAP KINERJA REKSADANA 2016-2021 Santoso, Pramana Ridha; Kaluge, David
Contemporary Studies in Economic, Finance and Banking Vol. 1 No. 2 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2022.01.2.11

Abstract

Mutual fund is a financial product frequently selected by small investors and those who have no sufficient time and skill to calculate risks and profits from their investment. Here investors entrust their money to people in charge of managing the fund in forms of portfolios. The objective of this research is to assess 16 mutual funds, selected through purposive sampling, from 2016 to 2021. The hypotheses were examined using F test and t test. The classical assumption test consists of normality, multicollinearity, and heteroscedasticity tests, performed in EViews. This study finds that stock selection skill and fund age negatively and significantly affect portfolio performance, that market timing ability positively and significantly influences portfolio performance, and that expense ratio and fund size negatively and insignificantly affect portfolio performance.  
ANALISIS PENGARUH STOCK SPLIT TERHADAP LIKUIDITAS SAHAM DAN ABNORMAL RETURN SAHAM PADA MASA PANDEMI COVID-19 Sitiyarningrum, Vivi Aditya; SS, Vietha Devia
Contemporary Studies in Economic, Finance and Banking Vol. 1 No. 2 (2022)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/csefb.2022.01.2.14

Abstract

Stock split is a policy applied by public companies in which the number of issued stocks is increased so that more investors can buy them. The policy can help companies increase their liquidity and their investors’ gain through abnormal return. The application of it during the Covid-19 pandemic is appealing and important to study as the widespread is a substantial incidents with global impact. Investors can use the derived information to consider their investment decisions. This research was conducted on the stocks of three financial companies listed on the IDX during the 2020-2021 period. Here paired sample t-test was used to identify differences in stock liquidity ad abnormal return before and after stock split had been implemented. The observation period was five days prior and after the stock split and one day during the announcement, resulting in 11 days in total. This study finds that, before and after the split, the stock liquidity of BBCA was significantly different, but it was not the case for AMOR and SRTG, while the abnormal return had no significant difference.

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