cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
Wuri Handayani, Ph.D.
Contact Email
-
Phone
-
Journal Mail Official
-
Editorial Address
Faculty of Economics and Business, Universitas Gadjah Mada Jalan Sosio Humaniora No. 1, Yogyakarta 55281
Location
Kab. sleman,
Daerah istimewa yogyakarta
INDONESIA
Journal of Indonesian Economy and Business
Published by Universitas Gadjah Mada
ISSN : 20858272     EISSN : 23385847     DOI : -
Core Subject : Economy,
Economics, Econometrics & Finance
Journal of Indonesian Economy and Business (JIEB) is open access, peer-reviewed journal whose objectives is to publish original research papers related to the Indonesian economy and business issues. This journal is also dedicated to disseminating the published articles freely for international academicians, researchers, practitioners, regulators, and public societies. The journal welcomes author from any institutional backgrounds and accepts rigorous empirical or theoretical research paper with any methods or approach that is relevant to the Indonesian economy and business content, as long as the research fits one of three salient disciplines: economics, business, or accounting.
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 16 Documents
 1   2 
Search results for , issue "Vol 26, No 2 (2011): May" : 16 Documents clear
ZAKAT POTENTIAL AS A MEANS TO OVERCOME POVERTY (A STUDY IN LAMPUNG) Keumala Hayati; Indra Caniago
Journal of Indonesian Economy and Business (JIEB) Vol 26, No 2 (2011): May
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (294.075 KB) | DOI: 10.22146/jieb.6270

Abstract

Zakat is a compulsory service run by the Muslims who are able to implement it. Zakat is a means of income redistribution and also can support development of human resources as well as enhance economic growth in Indonesia, particularly in the Lampung Province. The purposes of this study were to explore the potential of zakat and to analyze the role of zakat in empowering poor communities in Lampung Province. This research result showed that zakat potential in Lampung Province was quite large; Rp644.18 billions with the 2% opinion and Rp1.38 billions with the 4.3% opinion. Meanwhile the Regional Government of Lampung Province in 2007 and 2008, for example, budgeting for social services reached Rp29.15 billions and Rp21.01 billions respectively, including other poverty reduction programs. Therefore, zakat potential should attract the government's attention as one solution to reduce poverty in Indonesia. Zakat is not only the provision of voluntary charity, but it is an obligation that must be paid by Muslims who received the zakat obligation. The results of the analysis showed zakat's potential in empowering poorcommunities in each district/city in the province of Lampung. Based on the standards meet the needs of the poor with an income of one dollar per day, from ten districts in Lampungprovince, only two districts were capable of removing the poor families from the poverty line, those are Bandar Lampung and Metro. While the potential zakat of eight otherdistricts had not been able to remove poor families from the poverty line due to the small acquisition of GDRP. This research showed that empowerment of the poor could be done based on the potentials of zakat in each district, the greater the GDRP, the greater the zakat potential that could be obtained. Even if the zakat potential was excessive than the poverty level in the district, it could be used as cross-subsidies with other districts in greater need.Keywords: Zakat Potential, poverty reduction
DO OVERCONFIDENT INVESTORS TRADE EXCESSIVELY IN THE CAPITAL MARKET? EVIDENCES IN AN EXPERIMENTAL RESEARCH SETTING Mahatma Kufepaksi
Journal of Indonesian Economy and Business (JIEB) Vol 26, No 2 (2011): May
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (136.961 KB) | DOI: 10.22146/jieb.6271

Abstract

The existence of overconfident investors in capital markets has been the subject of much researches in the past. Using the market data, these previous researches demonstrates that overconfident investors tend to trade excessively, leading to losses. The current experimental research addresses these issues in the Indonesia Capital Market. According to its methodology, participants are classified into three groups based on their score of overconfidence: moderate, more overconfident, and less overconfident investors. The research design employs the state of no available market information, good news signals, and bad news signals as treatments. The result demonstrates that the more overconfident investors perform higher trading value than those who are less overconfident in all artificialmarkets leading to transaction losses, except that in the bad news market. In that bad news market, the more and the less overconfident investors gain profits, and the moderateinvestors suffer from trading losses.Keywords: overconfidence, excessive trading, profit and loss
THE RISE OF CHINA AND ITS IMPLICATION ON INDONESIA-UNITED STATES TRADE Diyah Putriani; Meikha Azzani
Journal of Indonesian Economy and Business (JIEB) Vol 26, No 2 (2011): May
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (163.836 KB) | DOI: 10.22146/jieb.6267

Abstract

The purpose of this study is to analyze the impact of Chinese renminbi exchange rate againts the United States (US) dollar, on the bilateral export of Indonesia to the US.Johansen cointegration test and Ordinary Least Square (OLS) regression are employed to examine one impact. This research is limited only in the long-run aspect. The Johansentest shows that there are long-run relationships amongs variables involved such as GDP, Real Exchange Rate (RER), RER Volatility, and dummy variables. Empirical test resultshows that there are positive significant impacts of the Chinese renminbi on the Indonesia’s exports to the US, implying that the relationship between Chinese exports andIndonesia export are complementary in the US market.Keywords: Indonesia, China, the United States, renminbi, cointegration, OLS 
CORPORATE GOVERNANCE IMPLEMENTATION AND PERFORMANCE ASSESMENT USING THE CGCG’s UGM RATING MODEL: COMMERCIAL BANKS IN INDONESIA Arika Artiningsih; M. Ridwan Novmawan; Sony Warsono
Journal of Indonesian Economy and Business (JIEB) Vol 26, No 2 (2011): May
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (110.357 KB) | DOI: 10.22146/jieb.6272

Abstract

The purpose of this research is to examine the implementation of Good Corporate Governance (GCG) in Commercial Banks before and after the policy of The Bank Indonesia Regulation (PBI) Number 8/4/PBI/2006 concerning Good Corporate Governance Implementation for Commercial Banks. Center for Good Corporate Governance Universitas Gadjah Mada (CG CGCG UGM) rating model was employed to measure CG implementation in Commercial Banks which calculate both company organs and Corporate Governance (CG) basic principles in a universal framework. From the company organs perspective, a CG system consists of five (5) organs interacting each others, which are board of directors, board of executives, boards of commissioners/committees, auditors, and stakeholders. Meanwhile, from the CG basic principles perspective, a CG system should fulfill five (5) CG principles, which are Transparency, Accountability & Responsibility, Responsiveness, Independency, and Fairness. Therefore, the CG framework and rating model use The information technology as the main pillar in the application of CG. As for measuring banking performance, CAMEL ratio--which consist of the Capital Adequacy Ratio (CAR), Non Performing Loan (NPL), Management (Man), Net Interest Margin (NIM), and Loan to Deposit Ratio (LDR)--was applied. In conclusion, Using CGCG UGM rating model, it is discovered hat CGimplementation at Indonesian banking system was improved subsequently to the issuance of PBI. Whereas on its performance, the significant changes were indicated by only two ratios, i.e. LDR and MAN. This research depicts Bank Indonesia effectiveness as regulator at providing CG implementation guide on PBI. This research reveals for the urge for Indonesian banking industry to boost GCG implementation for their rating and performanceimprovement. Keywords: corporate governance asessment, CAMEL, commercial banks, corporate governance
CONVERGENCE OF GDRP PER CAPITA AND ECONOMIC GROWTH AMONG INDONESIAN PROVINCES, 1988-2008 Diah Setyorini Gunawan
Journal of Indonesian Economy and Business (JIEB) Vol 26, No 2 (2011): May
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (433.41 KB) | DOI: 10.22146/jieb.6268

Abstract

In this paper, we analyze the condition among province in Indonesia especially about the convergence or divergence in gross domestic regional product. This research usedsecondary data for the 1988-2008 periods. We divide the periods as four episodes, based on the presidential terms. They are 1988-1999, 1999-2001, 2001-2004, and 2004-2008.Entrophy Theil index, coefficients of variation, Kuznets’ hypothesis test, absolute convergence, and conditional convergence were used in this research. This research foundthat the convergence in gross domestic regional product happened in every period of the presidential leadership in Indonesia. We also found that regional economic growth inIndonesia is determined by gross domestic regional product per capita, oil and gas resources, general allocation funds and revenue sharing funds.Keywords: convergence, regional economic growth, gross domestic regional product
ACCOUNTING FUNDAMENTALS AND VARIATIONS OF STOCK PRICE: FORWARD LOOKING INFORMATION INDUCEMENT Sumiyana Sumiyana
Journal of Indonesian Economy and Business (JIEB) Vol 26, No 2 (2011): May
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (817.671 KB) | DOI: 10.22146/jieb.6273

Abstract

This study investigates a permanent issue about low association between accounting fundamentals and variations of stock prices. It induces not only historical accountingfundamentals, but also forward looking information. Investors consider forward looking information that enables them to predict potential future cash flow, increase predictive power, lessen mispricing error, increase information content and drives future price equilibrium. The accounting fundamentals are earnings yield, book value, profitability, growth opportunities and discount rate or they could be called as five-related-cash flow factors. The forward looking information are expected earnings and expected growth opportunities. This study suggests that model inducing forward looking information could improve association degree between accounting fundamentals and the movements of stock prices. In other words, they have higher value relevance than not by inducing. Finally, thisstudy concludes that inducing forward looking information could predict stock price accurately and reduce stock price deviations from their fundamental value. It also impliesthat trading strategies should realize to firm’s future rational expectations.Keywords: earnings yield, book value, profitability, growth opportunities, discount rate, accounting fundamentals, forward looking, value relevance

Page 2 of 2 | Total Record : 16

 1   2 

Filter by Year

2011 2011


Reset
Filter By Issues
All Issue Vol 36, No 1 (2021): January Vol 35, No 3 (2020): September Vol 35, No 2 (2020): May Vol 35, No 1 (2020): January Vol 34, No 3 (2019): September Vol 34, No 2 (2019): May Vol 34, No 1 (2019): January Vol 33, No 3 (2018): September Vol 33, No 2 (2018): May Vol 33, No 1 (2018): January Vol 32, No 3 (2017): September Vol 32, No 2 (2017): May Vol 32, No 1 (2017): January Vol 31, No 3 (2016): September Vol 31, No 2 (2016): May Vol 31, No 1 (2016): January Vol 30, No 3 (2015): September Vol 30, No 2 (2015): May Vol 30, No 1 (2015): January Vol 30, No 1 (2015): January Vol 29, No 3 (2014): September Vol 29, No 3 (2014): September Vol 29, No 2 (2014): May Vol 29, No 2 (2014): May Vol 29, No 1 (2014) Vol 29, No 1 (2014): January Vol 29, No 1 (2014): January Vol 28, No 3 (2013): September Vol 28, No 3 (2013): September Vol 28, No 2 (2013): May Vol 28, No 2 (2013): May Vol 28, No 1 (2013): January Vol 28, No 1 (2013): January Vol 27, No 3 (2012): September Vol 27, No 3 (2012): September Vol 27, No 2 (2012): May Vol 27, No 2 (2012): May Vol 27, No 1 (2012): January Vol 27, No 1 (2012): January Vol 26, No 3 (2011): September Vol 26, No 3 (2011): September Vol 26, No 2 (2011): May Vol 26, No 2 (2011): May Vol 26, No 1 (2011): January Vol 26, No 1 (2011): January Vol 25, No 3 (2010): September Vol 25, No 3 (2010): September Vol 25, No 2 (2010): May Vol 25, No 2 (2010): May Vol 25, No 1 (2010): January Vol 25, No 1 (2010): January Vol 24, No 3 (2009): September Vol 24, No 3 (2009): September Vol 24, No 2 (2009): May Vol 24, No 2 (2009): May Vol 24, No 1 (2009): January Vol 24, No 1 (2009): January Vol 23, No 4 (2008): October Vol 23, No 4 (2008): October Vol 23, No 3 (2008): July Vol 23, No 3 (2008): July Vol 23, No 2 (2008): April Vol 23, No 2 (2008): April Vol 23, No 1 (2008): January Vol 23, No 1 (2008): January Vol 22, No 4 (2007): October Vol 22, No 4 (2007): October Vol 22, No 3 (2007): July Vol 22, No 3 (2007): July Vol 22, No 2 (2007): April Vol 22, No 2 (2007): April Vol 22, No 1 (2007): January Vol 22, No 1 (2007): January Vol 21, No 4 (2006): October Vol 21, No 4 (2006): October Vol 21, No 3 (2006): July Vol 21, No 3 (2006): July Vol 21, No 2 (2006): April Vol 21, No 2 (2006): April Vol 21, No 1 (2006): January Vol 21, No 1 (2006): January Vol 20, No 4 (2005): October Vol 20, No 4 (2005): October Vol 20, No 3 (2005): July Vol 20, No 3 (2005): July Vol 20, No 2 (2005): April Vol 20, No 2 (2005): April Vol 20, No 1 (2005): January Vol 20, No 1 (2005): January Vol 19, No 4 (2004): October Vol 19, No 4 (2004): October Vol 19, No 3 (2004): July Vol 19, No 3 (2004): July Vol 19, No 2 (2004): April Vol 19, No 2 (2004): April Vol 19, No 1 (2004): January Vol 19, No 1 (2004): January Vol 18, No 4 (2003): October Vol 18, No 4 (2003): October Vol 18, No 3 (2003): July Vol 18, No 3 (2003): July Vol 18, No 2 (2003): April Vol 18, No 2 (2003): April Vol 18, No 1 (2003): January Vol 18, No 1 (2003): January Vol 17, No 4 (2002): October Vol 17, No 4 (2002): October Vol 17, No 3 (2002): July Vol 17, No 3 (2002): July Vol 17, No 2 (2002): April Vol 17, No 2 (2002): April Vol 17, No 1 (2002): January Vol 17, No 1 (2002): January Vol 16, No 4 (2001): October Vol 16, No 3 (2001): July Vol 16, No 2 (2001): April Vol 16, No 1 (2001): January Vol 16, No 1 (2001): January Vol 15, No 4 (2000): October Vol 15, No 3 (2000): July Vol 15, No 2 (2000): April Vol 15, No 1 (2000): January Vol 14, No 4 (1999): October Vol 14, No 3 (1999): July Vol 14, No 2 (1999): April Vol 14, No 1 (1999): January Vol 13, No 4 (1998): October Vol 13, No 3 (1998): July Vol 13, No 2 (1998): April Vol 13, No 1 (1998): January Vol 12, No 3 (1997): July Vol 12, No 2 (1997): April Vol 12, No 1 (1997): January Vol 11, No 1 (1996): January Vol 10, No 1 (1995): September Vol 9, No 1 (1994): May Vol 8, No 1 (1993): September Vol 7, No 1 (1992): September Vol 6, No 1 (1991): September Vol 5, No 2 (1990): September Vol 5, No 1 (1990): April Vol 4, No 1 (1989): April Vol 3, No 1 (1988): September Vol 2, No 1 (1987): September Vol 1, No 1 (1986): September More Issue