The influence of secure image, rate and charges, and variation of product towards customer interest in selecting certain banks and the role in net-interest margin in Indonesia

The purpose of this paper is to prove the influence of the secure image on the interest of customers in selecting certain banks, and to explore the role of the secure image in net interest margin in Indonesia. This research uses a triangular approach which is a combination of a scientific approach and a naturalist approach. The number of questionnaires collected is 300, using simple random sampling, and the hypothesis test uses logistic regression. The results of the research include two things: statistical test result indicates the secure image variable affects the interest of customers in choosing a particular bank; and the exploratory research can explain the role of the secure image variable in Net Interest Margin in Indonesia. The implications of this research are: first, banks and other financial institutions can improve competitiveness by enhancing secure image through enhanced security technology and maintaining the company's reputation in terms of security. Second, the role of the secure image variable in net interest margin can be explained through the application of demand-supply theory. The originality of this research is the verification of the effect of the secure image variable on customer interest in a particular bank and its role in NI

The Effect of Consumer Expectation Index, Economic Condition Index and Crude Oil Price on Indonesian Government Bond Yield

Governments sell bonds to finance their budget. The investors willing to buy government bonds because of the yield they will get, but on the other hand if government bond yields is  too high it would burden the state in paying the interest due. Various studies have been done to find the variables that affect government bond yield significantly, such as exchange rate, inflation rate, interest rate, and oil price. This study found two more variables namely consumer expectations index and the economic conditions index to complement the variables that have been discovered. Those two variables are used as a proxy of economic stability of a country, the increase of those variables represent the increase of economic stability and will reduce the level of risk and lowering the yield that investors demand. This research use descriptive method and explanatory study with secondary data using multivariate regression equation model. The results shown consumer expectation index and economic condition index have significant effect on Indonesian Government Bond yield. To keep consumer expectation index and economic condition index increase government should give a positive signal and a sense of security to investor

Secure Image Role in Online Business Competition

Consumer tastes have changed, technology is increasingly sophisticated and communication is no longer constrained by distance and time. Ease and speed of this transaction also support the development of online stores in Indonesia. On the one hand, the presence of online stores has become the main competitor of conventional stores, but on the other hand, the competition between online stores is getting tighter. For this reason, the study discusses several things such as the impact of the development of the industrial revolution on business management from time to time; market potential, benefits and costs of online stores from the perspective of society and government; competition patterns that will be faced between online stores; how do online business site providers survive in the current pattern of competition. This study using exploratory research which aims to photograph developments, market potential, patterns of competition and find ways to survive in online business. Research was conducted by identifying and categorizing previous studies to get various thoughts from previous researchers. Findings of this study showed the potential of the online-store market in Indonesia will grow further along with population growth, but besides the benefits, there are also costs that must be borne by the society and government, for that the government must make strict rules to minimize these losses. Moreover, online-store entrepreneurs must continue to make efficiency while trying to differentiate so that they are not trapped in the pattern of perfect competition market

The Model of GDP Growth in ASEAN-4 Countries: Control of Corruption as an Intervening Variable

The purpose of this study is to analyze various macroeconomic factors that affect Gross Domestic Product growth in ASEAN-4 countries. The type of research is descriptive and explanatory. The research method used is the quantitative method. Based on the phenomenon, purposive sampling is used to determine the countries studied. Using secondary data, the panel data is formed from a combination of countries and a certain period of years. Multivariable regression is used to process panel data. The results show that inflation rate, political stability, and control of corruption have a significant effect on GDP growth. The novelty of this research is the new model of GDP growth in ASEAN-4 countries where control of corruption serves as an intervening variable that affects GDP growth. The findings suggest that to maintain an increase in GDP growth in this region, the governments should keep the inflation rate under control and continue striving to reduce corruption. Controlling the level of corruption can be done by maintaining the stability of the political situation and controlling the inflation rate

Determinants of Consumer Confidence Index to Predict the Economy in Indonesia

Psychological factors play an important role in the economy and in predicting the state of the economy. One of the measurement tools of these factors is the consumer confidence index (CCI), which has recently received much attention from both researchers and policymakers. For years, Bank Indonesia has conducted surveys through face-to-face and phone call interviews with several respondents who were used as research samples to control information on economic fundamentals. The purpose of this study is to explore a new variable that is thought to affect the consumer confidence index in Indonesia and explain the influence between variables from the results of secondary data processing. This study used the multivariate regression model and t-test equations with a significance level of 5%. The variables used in this study are the foreign exchange rate, unemployment rate, corruption control index, inflation rate, and consumer confidence index from January 2015 to December 2019 in Indonesia. The results conclude that Indonesia\u27s consumer confidence index is influenced by the inflation rate, the unemployment rate, the exchange rate, and the conditions for controlling corruption. The multivariate regression model generated from this study is a novelty in research on the consumer confidence index. This study also provides an alternative way for Bank Indonesia to evaluate the consumer confidence index, which previously used the face-to-face interview method, and the phone survey turned into using secondary data source. The use of secondary data for the multivariate regression model will accelerate policy making and is more efficient in terms of costs

The macroeconomic factors affecting government bond yield in Indonesia, Malaysia, Thailand, and the Philippines

© The author(s) 2020. This publication is an open access article. © Benny Budiawan Tjandrasa, Hotlan Siagian, Ferry Jie, 2020 The government bond (GB) has become the most attractive investment portfolio option, even though many macroeconomic factors affect the bond yield. This paper aims to investigate the determining factor of local currency government bond yield by considering the inflation rate, credit default swap, stock market index, exchange rate, and volatility index. This study used 240 data panel from the Bloomberg stock market in the form of data panel covering Southeast developing countries, namely Indonesia, Thailand, Malaysia, and the Philippines, for five years or sixty months from January 2015 to December 2019. Data analysis used recursive models and multivariate regression techniques using EViews software. The random effect model results revealed that change in the foreign exchange rate and volatility indexes affected, partially and simultaneously, the changes in the stock market index. The result also showed that changes in the stock market index, inflation rate, and credit default swap affected, partially and simultaneously, government bond yield changes. These results suggest that the government bond yield could be managed by controlling volatility index, foreign exchange rate, stock market index, inflation rates, and credit default swaps. This finding could provide an insight into the policymaker and fiscal authority on managing the risk of government bonds under control during high volatility or even making it reasonably lower. This result could contribute to the current research in the field of financial management

Strategic financial management

152 hlm.: 24 c

PENGARUH PROFITABILITAS, LIKUIDITAS, SOLVABILITAS, AKTIVITAS, INFLASI DAN SUKU BUNGA TERHADAP STRUKTUR MODAL

Tujuan dari penelitian ini adalah untuk menguji pengaruh profitabilitas, likuiditas, solvabilitas, aktivitas, inflasi dan suku bunga terhadap struktur modal perusahaan. Teknik pengambilan sampel menggunakan purposive sampling dengan jumlah 12 sampel perusahaan sektor manufaktur sub sektor otomotif & komponen  terdaftar di Bursa Efek Indonesia periode 2014-2018. Teknik pengumpulan data menggunakan data sekunder. Metode yang digunakan untuk menganalisis pengaruh antara variabel independen dengan variabel dependen adalah metode regresi berganda. Berdasarkan hasil penelitian yang dilakukan secara simultan profitabilitas, likuiditas, solvabilitas, aktivitas, inflasi dan suku bunga berpengaruh signifkan terhadap struktur modal. Hasil uji secara parsial hanya solvabilitas berpengaruh signifkan terhadap struktur modal, profitabilitas, likuiditas,  aktivitas, inflasi dan suku bunga berpengaruh tidak signifkan terhadap struktur moda

Model Denda Berdasarkan Tingkat Inflasi untuk Mendukung Anggaran Belanja Negara yang Berkelanjutan

The imposition of fines in articles of the Criminal Code aims to provide a deterrent effect and as income for the state to compensate for the losses incurred, but some of the fines in the existing articles are so small that they do not cause a deterrent effect and do not provide significant income for the state. The inflation rate in Indonesia for several decades has made the determination of the value of fines in rupiah values in the prevailing articles no longer relevant for the sustainability of a deterrent effect and compensation for the state. This study proposes a model of fines that can be used sustainably with a value equivalent to the increase in inflation using multivariate regression analysis. The samples used are the prices of gold, silver, and platinum to represent precious metals, and the exchange rates used are USD and JPY. The test results of USD and platinum precious metal have a significant and positive correlation. Considering that the Republic of Indonesia is a sovereign country and does not want to depend on other countries' monetary systems or economic policies, it is advisable to choose the price of the platinum precious metal as the amount of the fine imposed in legal cases