Intellectual Capital Dan Kinerja Keuangan Perbankan (Pendekatan Dinamis Pada Panel Data)

The performance of economic entities had been a research matter even in the ancient world. The genius humanhad been recognized as a vehicle for certain valuable capabilities and as the critic of transforming processes.But it had not been considered as an intellectual capitalizator or intellectual asset. The field for intellectualcapital and the related philosophy of knowledge management had risen recently to an interesting researchobject world wide. Value Added Intellectual Coefficient (VAIC™) method and Rate of Growth IntellectualCapital (ROGIC) were applied in order to analyze the dynamic effect of Indonesia commercial banks for thefinancial period 2005 quarter 1 until 2008 quarter 4. It focused on banking financial performance both forcurrent period and the future. The research method was quantitative analysis and the sample were 22 banks byusing purposive sampling method. The method of estimation was dynamic model on panel data.The result ofthe study was all banks had relatively smaller capital employed efficiency than human and structural efficiencies.The long term effect had greater impact for return on asset and solvency ratio compared to the short termone. Average response time required for adjustment of return on asset was faster then solvency ratio

Relasi Konstitusi dengan USAha Tani Ikan, Sayur, Telur Organik dan Non-organik Guna Mendukung Ekonomi Masyarakat dan Wilayah ( Studi Kasus di Kecamatan Bantur Kabupaten Malang )

Agribusiness is still the pillar for farmers' economy in Indonesia who, mostly, workfor agricultural sector. This also applies in regional economy in which agriculturalsector is the primary sector that becomes the basis for economy and gives sufficientcontribution to the regional economic development. However, the condition of thefarmers' economy has so far shown no significant development. The Constitution(UUD 1945) regulates national economy that embraces any fields, including the sus-tainable and environment-oriented agriculture, aiming at society's prosperity in botheconomy and health. The research shows that there is no difference on benefit betweenorganic and non-organic agribusiness on fish, vegetable, eggs. Thus agribusiness isbetter developed conforming to the Constitution that signals environment-orientedagriculture

Dampak Pengumuman Stock Split terhadap Return, Variabilitas Tingkat Keuntungan dan Aktivitas Volume Perdagangan Saham (Studi pada Perusahaan Manufaktur yang Terdaftar di Bej Tahun 1997-1999)

The study has as its rationale the fact that there were stock split at the JSX during 1997 – 1999. This fact emerged after the monetary, economic and political crisis. Stock split aimed at determining stock price on optimal trading range and to increase stock liquidity. The study aimed at determining if a stock split policy influenced the return, security return variability and trading volume activity before, during or after the stock split anouncement. The study used event study method with market model. The sample were manufacturer companies at the JSX during 1997 – 1999 (41 companies). Statistical test on return, security return variability and trading volume activity used T Test : Paired Two Samples For Mean before, during or after the stock split anouncement. Statistical test on cumulative average abnormal return used T Test : One Sample For Means. Statistical test was measured on longer periods and shorter periods. The study on longer periods result showed that stock split was signify impact to return, abnormal return on before-during period dan after-during period but not signify impact on before-after period. And stock split was not signify impact to cumulative average abnormal return (CAAR), security return variability (SRV) and trading volume activity (TVA). The study on shorter periods result showed that stock split was signify impact to return, abnormal return on before-during period dan after-during period but not signify impact on before-after period. And stock split was not signify impact to cumulative average abnormal return (CAAR), security return variability (SRV) and trading volume activity (TVA). This was probably due to not enough information content of stock split anouncement, was shown on not consistency on many variabels in result and indicated that the form of Indonesian capital market especially The Jakarta Stock Exchange not yet efficient in semi strong efficientcy, was shown on significant on abnormal return result. So stock split policy at the Jakarta Stock Exchange during 1997 – 1999 not consistent with the purpose to determining the stock price in optimal trading range