The effect of Strategic Sale of Banks: Evidence from Indonesia

We examine the effect of strategic sale—the sale of banks to strategic foreign investors—on banks’ performance. The Government of Indonesia implemented such a policy as a part of bank restructuring in the aftermath of the 1998 banking crisis. Using difference-in-difference models, we find that strategic sale leads to 12%-15% cost reduction. These results are robust to the use of other estimators such as difference-in-difference matching-estimators and stochastic-frontier analysis, to that of other performance measures such as return on assets and net interest margin, and also to that of different types of samples. These suggest that strategic sale could play an important role in restructuring troubled banks in developing countries.banking crisis, recapitalized banks, the sale of assets, difference- in-difference models, matching estimator

HUBUNGAN ASUPAN KALSIUM, VITAMIN D, FOSFOR, KAFEIN, DAN AKTIVITAS FISIK DENGAN KEPADATAN TULANG PADA WANITA DEWASA MUDA

Kepadatan tulang merupakan massa tulang dalam tubuh kita yang menunjukkan kekompakan tulang. Tulang yang tidak kita jaga sejak dini dapat menimbulkan pengeroposan. Terjadinya pengeroposan tulang bahkan sampai kepada osteoporosis dapat dipengaruhi oleh faktor yang tidak dapat diubah maupun faktor yang dapat diubah. Tujuan dari penelitian ini yaiitu mengetahui hubungan asupan kalsium, fosfor, vitamin D, kafein, dan aktivitas fisik dengan kepadatan tulang wanita dewasa muda pada mahasiswi S1 Reguler Fakultas Kesehatan Masyarakat Universitas Diponegoro angakatn 2014. Penelitian ini merupakan penelitian kuantitatif yang bersifat analitikal dengan rancangan penelitian cross sectional. Populasi dalam penelitian ini adalah Mahasiswi Fakultas Kesehatan Masyarakat Universitas Diponegoro angkatan 2014 sejumlah 300 mahasiswi yang kemudian diambil sampel sebanyak 75 mahasiswi dengan teknin random sampling. Data dikumpulkan dengan menggunakan formulit FFQ- Semi kuantitatif, formulir recall aktivitas fisik PAL (Physical Activity Level), timbangan pengukuran kepadatan tulang dan dianalisis dengan menggunakan iji Chi Square. Hasil penelitian menunjukkan bahwa asupan kalsium dan vitamin D tegolong kurang (78,7% dan 100%), sedangkan asupan fosfor tergolong baik (54,7%). Aktivitas fisik tergolong sangat ringan (61,3%), dan frekuensi konsumsi kafein yang sering (50,7%). Hasil penelitian menunjukkan tidak ada hubungan asupan kalsium, vitamin D, fosfor, dan aktivitas fisik dengan kepadatan tulang (pValue > 0,05), namun ada hubungan antara frekuensi konsumsi kafein dengan kepadatan tulang pada wanita dewasa muda (pValue= 0,028). Penelitian ini merekomendasikan wanita dewasa muda terutama mahasiswi untuk dapat mengatur kembali asupan zat gizi yang dikonsumsi, selain itu perlunya aktivitas fisik yang rutin agar dapat menjaga kepadatan tulang sejak dini Kata Kunci: kepadatan tulang, mahasiswi, asupan zat gizi, aktivitas fisik, kafei

Cross-Border M&A Inflows and the Quality of Institutions: A Cross-Country Panel Data Analysis

This paper provides an empirical explanation to the observed disparity in cross-border M&A inflows to developing and developed countries over the last two decades. We show two main results. First, the disparity can be attributed to the difference in the quality of institutions between the two groups of countries. Second, the gain from reforming institutions in developing countries is smaller than that in developed countries. These findings suggest that, with the current speed of institutional reforms in developing countries, the disparity is likely to persist.cross-border M&A inflows, quality of institutions, developing and developed countries, pooled-data and panel data analysis, correlated random effects

Do Banks Respond to Capital Requirement? Evidence from Indonesia

Using dynamic panel data models, we examine the effect of capital requirement on banks’ behavior in Indonesia. We find inconclusive results. Some banks tend to comply with capital requirement: They increase their capital ratio when their CAR is lower than, or falling towards, the eight percent regulatory minimum. However, most of our results are statistically significant at 20-30% level of significance only. Moreover, our results are mostly driven by private domestic banks and heavily-undercapitalized banks that were closely monitored by regulator in the aftermath of the 1998 crisis. Whether, in normal circumstances, banks in developing countries like Indonesia comply with capital requirement, therefore, remains questionable. This implies that, if regulators in developing countries continue relying on capital regulation, they would also need to improve their supervision capacity, increase the transparency of financial reporting, and strengthen market monitoring of banks.banking crisis, capital requirement, bank regulation, dynamic panel data

Prototype Kartu Pintar Kamar Tidur Menggunakan Sensor Infrared dan Photodioda Berbasis Arduino Uno

- Smart cards, physically, are plastic cards the size of a credit card that can be filled with data for various purposes. A number of smart card uses include electronic cash payments, attendance systems, train and bus ticket subscription cards, toll road payments, and others. Smart Card Design for bedrooms using photodiode sensors and Arduino Uno based infrared sensors have succeeded well according to the procedure. The work system of the bedroom smart card series is very useful for efficient use of electricity in the household. The working system of photodiode sensors and infrared sensors is very both in a series that functions as a light sensor Keywords - Smart Card, Arduino Un

Analisis Yuridis Tentang Rujuk Dalam Tenggang Masa ‘Iddah Talak Raj'i Menurut UU No. 1 Tahun 1974 Tentang Perkawinan Dan Hukum Islam

A marriage is a contract or an agreement to allow a biological relationship between a man and a woman in order to realize a happy family life covered with peace, love, and affection blessed by the God Almighty. The research method is a judicial normative; a library legal research, namely analyzing the existed library materials with the historical and statute approaches, and the vertical and horizontal synchronizations in Indonesian positive laws. From the research on talaq raj'i and iddah stipulated in the Islamic system of jurisprudence and Compilation of Islamic Law son marriage, it is found out that talaq is classified into Talaq Sunni, Thalaq Bidi 'i, Thalaq neither Sunnin or Bidi 7. If her husband insists on remarrying her, the remarriage can be implemented by the ruling of the Religious Court. The legal consequences of implementation of remarriage during Iddah Talak Raj'i, her husband gives some alimony, maskan and kiswah to his former wife, with the exception, his former wife has been imposed talak ba 'in or nusyuz

The effects of the intensity, timing, and persistence of personal history of mobility on support for redistribution

This paper examines the effect of the intensity, timing, and persistence of personal history of mobility on individual support for redistribution. Using both rounds of Life in Transition Survey, we build measures of downward mobility for about 57 thousand individuals from 27 countries in Eastern Europe and Central Asia. We find that more intensive, recent, and persistent downward mobility increases support for redistribution. Accounting for systematic bias in perceived mobility experience and omitted variable bias and considering alternative definition of redistributive preferences do not alter the basic results

Occupational Factors Affecting Hemoglobin Level among Printing Industry Workers in Medan, North Sumatera

Background: Use of organic compound such as hydrocarbon benzene in printing process may cause air pollution in the workplace and thereby affect the health and safety of workers. Benzene may damage blood formation and reduce hemoglobin level. This study aimed to analyze the effect of occupational factors on hemoglobin level among printing industry workers in Medan, North Sumatera. Subjects and Methods: This was a cross sectional study carried out at a printing industry in Medan, North Sumatera. A sample of 50 printing industry workers were selected for this study. The dependent variable was hemoglobin level. The independent variables were length of exposure and years of service. Hemoglobin level was measured by a portable hemoglobin meter. The other data were collected by questionnaire. The data were analyzed by a multiple linear regression. Results: Hemoglobin level reduced with length of exposure (b= 0.27; p= 0.001) and years of service (b= 0.15; p= 0.022) among printing industry workers. Conclusion: Hemoglobin level is affected by length of exposure and years of service among printing industry workers. Keywords: hemoglobin level, length of exposure, years of servic