Preface - PSEIpsei.lppm.uns.ac.id/files/2017/03/proceedings-icosec-2015-2nd...Clothing - Diah Nenik Hartanti . 21 . ... Savira Miranti and Anya Safira . 24 . ... - Bagus Dwi Satyaningprang

Preface

Global competitiveness is a phenomenon that gripped all developing countries.

Competitiveness is defined as a set of institutions, policies, and factors that determine the

level of productivity of a country. The level of productivity, in turn, sets the level of

prosperity. There are a number of components determinant of a country's competitiveness

include both public and private institutions, infrastructure, macroeconomy, health and

primary education, higher education and training, market efficiency, technological readiness,

business sophistication, and innovation.

Indonesia as a developing country faced with a number of problems in improving

competitiveness determinant components. Indonesian government led by President Joko

Widodo and Vice President Yusuf Kalla is working hard to increase the prosperity of the

Indonesian people through a national program named Nawa Cita as the embodiment of the

component parts of the above. The Government would urgently need the contribution of ideas

and innovations from researchers and practitioners in each field to realize the efforts.

This situation opens the opportunities for all parties, especially academicians to

explore the preparations and the level of competitiveness of developing countries in fulfilling

global competitions. Therefore, Universitas Sebelas Maret through its four Center Studies of

Center for Islamic Economic Studies, Center for Local and Institutional Policy Studies,

Magister of Economic and Development Studies and Department of Economic Development

will hold an international seminar in September 8th, 2015. This international seminar is aimed

to produce new insights of developing countries readiness towards global competition. The

objectives of the conference are: gathering researchers and practitioners from various

countries to share knowledges and experiences about developing countries in regard to global

competition, exploring the problems and the latest findings in the field of developing

countries in regard to global competition, dissemination of research results and publish

selected papers in the form of proceedings, publication of selected papers in several

international journals of social and economics disciplines.

Chairman of ICOSEC Commitee,

Arifuddin

Table of Contents Preface

i

Table of Contents ii

SubConference: AICIE

Paper No. ICOSEC-1-061804 - The Implication of Tabarru’ and Wakalah Bil Ujrah Contracts in Financial Management of Islamic General Insurance Institution: Case Study in Indonesia - Novi Puspitasari

1

Paper No. ICOSEC-1-062414 - The Workable Model of Trade and Finance in Makkah as a Basic Role of Islamic Economics in Indonesia Towards Global Competition - Muhammad Yunus Anis and Afnan Arummi

2

Paper No. ICOSEC-1-062415 - Maslahah of Ummah vis a vis Align of Islamic Bankin Indonesia - Lucky Nugroho and Tengku Chandra Husnadi

3

Paper No. ICOSEC-1-062416 - Islamics Principle Versus Green Microfinance - Lucky Nugroho 4

Paper No. ICOSEC-1-062527 - Decentralization, Islamic Finance, and Economic Development: an Empirical Evidence from Indonesia - Bambang Saputra

5

Paper No. ICOSEC-1-062641 - Socio-Economic Value of Halal Issues on Food Product from Small Medium Enterprise Segment for Muslim Consumers In Banyumas Regency - Kikin Windhani, Fajar Hardoyono, Herman Sambodo, and Hary Pudjianto

6

Paper No. ICOSEC-1-062746 - The Contribution of the Baitul Maal Wat Tamwil (BMT) for the Informal Sector of the Economy - Wenny Djuarni and Djoko Pitoyo

7

Paper No. ICOSEC-1-062947 - The Effect of Corporate Governance on Earnings Management at Islamic Banking in Indonesia - Meitia Faridha Hartini and Putri Permatasari Husa

8

Paper No. ICOSEC-1-062948 - Computer Application Design for Sharia Financial Services Cooperative in Srengseng Sawah, South Jakarta - Kiayati Yusriyah, Budiman, and Dharmayanti

9

Paper No. ICOSEC-1-071058 - Hahslm Islamic Economics Methodology - Roikhan Mochamad Aziz 10

Paper No. ICOSEC-1-071059 - Comparing Efficiency of Conventional Insuranceand Takaful in Indonesia - Lely Ratwianingsih and Vita Kartika Sari

11

Paper No. ICOSEC-1-071060 - Tax Implementation in Indonesia According to Syariah - Laili Faiza Ulfa 12

Paper No. ICOSEC-1-07106 The Contribution of Islamic Banking Financingto Micro, Small and Medium Enterprises: Case Study in Aceh Province Indonesia - Riswandi and Nahrul Hayah Ariga

13

Paper No. ICOSEC-1-071065 - Is There Income Equalization Conceptin Islamic Economics Perspective? - Wahyu Hadi Wibowo and Anniza Citra Prajasari

14

Paper No. ICOSEC-1-081171 - Organizational Effectiveness Assessment of ZIS Institute Based on the Perception of HR/Staff of the ZIS Instituteand Mustahik: ZIS Institute Case Study In DKI Jaya - Yuswar ZB, Hermien Triyowati, and Yolanda Masnita

15

Paper No. ICOSEC-1-081675 - Legislate of Syirkah Legal Entity in The Legal Systemin Indonesia - Burhanudin Harahap Luthfiyah Trini Hastuti, and Solikhah

16

Paper No. ICOSEC-1-081677 - Interpretative Phenomenological Analysis for Implementation of Qardhul Hasan on Islamic Banking Indonesia - Falikhatun, Yasmin Umar Assegaff, Hasim

17

Paper No. ICOSEC-1-082485 - Corporate Governance and Islamic Social Reporting: a Comparison in Indonesia, Malaysia, and Gulf Cooperation CouncilMaftuhatul Barokah and Ibrahim Fatwa Wijaya

18

Paper No. ICOSEC-1-082886 - The Growth of Islamic Banking: Efficiency of Islamic Banking Compared to Conventional Banking in Indonesia From 2005-2014 and Relation to Its Market Share - Imas Siti Fatimah Nursyiam and Taufik Faturahman

19

Paper No. ICOSEC-1-090100 - Religiosity Level and Saving Decision in Baitul Maal wat Tamwil: a Case Study in Karanganyar - Yudis Cipta and Ibrahim Fatwa Wijaya

20

SubConference: AICSP Paper No. ICOSEC-2-062418 - Individual Factors, Social and Cultural Rights to Purchase Decision Motif Batik

Clothing - Diah Nenik Hartanti 21

Paper No. ICOSEC-2-062524 - Analysis of Adversity Quotient (AQ) in Human Resource Development Through Outbound Training - Aris Munandar and Adella Hotnyda Siregar

22

Paper No. ICOSEC-2-062528 - Myanmar Public Policy Toward Rohingya Ethnic After Internationalization of Rohingya Ethnic Refugee Issue - Randhi Satria and Andrian Saputra

23

Paper No. ICOSEC-2-062530 - Predictors of Behavioral Intention to Use Public Railway Services: a Comparative Study Between Two Age-Segmentations - Savira Miranti and Anya Safira

24

Paper No. ICOSEC-2-06253 - The Impact of Perceived Corporate Reputation,Pride, Affective Commitment, and Job SatisfactionTowards Employee’s Awareness of Their Impacton Corporate Reputation - Dindha Vitri Primadini and Muhammad Irfan Syaebani

25

Paper No. ICOSEC-2-062537 - Impact of Declining in Fertility on Female Labor Supply - Achmad Sjafii, Nyigit Wudi Amini, and F. Apriyanti

26

Paper No. ICOSEC-2-062643 - The ASEAN Economic Community (AEC), Forest Fire and Deep Ecology: An Analysis of Interrelationship Between Natural and Human Resources - Muhammad Rustamaji and Bambang Santoso

27

Paper No. ICOSEC-2-070149 - Phenomenon Selfie in Students Faculty of Economics, Semarang State University, Indonesia - Nanik Setyorini, Fian Mulyaga, and Erik Adi Ponco N

28

Paper No. ICOSEC-2-070150 - The Effect of Financial Information System Implementation to Performance Officer: Psychological Empowerment as an Intervening Variabel (Empirical Study on the Device of Regional Coordinating Agency for Development of Cross County/City Region III Central Java Province, Indonesia) - Dona Primasari

29

Paper No. ICOSEC-2-070955 - Cost Benefit Assessment of Water Use of Mine Void (Study at Postmining Void PT.Multi Harapan Utama, Margahayu Village, Kutai Kertanegara Regency, East Kalimantan Province) - Putu Diyan Diwyastra, Setyo Sarwanto Moersidik, Soemarno Witoro Soelarno

30

Paper No. ICOSEC-2-071064 - Factors Affecting Infant Mortality Rates in the Asean-5 - Vita Kartika Sari and Dewi Ismoyowati

31

Paper No. ICOSEC-2-072866 - Online Internal Communication Design in Support of E-administration in Karanganyar Regency - Cicilia Dyah Sulistyaningrum Indrawati, Andre Noevi Rahmanto,Anton Subarno, and Rosihan Ari Yuana

32

Paper No. ICOSEC-2-080768 - Grand Design of Investment Cooperationin West Java Province - Helin Garlinia Y and Okky Rizkia Y

33

Paper No. ICOSEC-2-08127 The Influence of Corporate Social Responsibility Disclosure to Financial Performance in Indonesian Mining Companies - Anisa Wulandari, Elva Nuraina, and Purweni Widhianningrum

34

Paper No. ICOSEC-2-081373 - The Influence of Return on Assets (ROA) on Stock Return with Dividend Pay out Ratio (DPR) as Moderating(Empirical Study on Manufacturing Company Listed in Indonesia Stock Exchange Period 2011 -2013) - Bagus Dwi Satyaningprang, Isharijadi, Nik Amah

35

Paper No. ICOSEC-2-082078 - The Influence of Corporate Resources and Value Creationon Business Performance: a Research on Rural Bank Owned City District Government of West Java and Banten - Iwa Karniwa, Sucherly, and Ernie Tisnawati Sule

36

Paper No. ICOSEC-2-082080 - Qualitative and Quantitative Analysis of ASEAN Free Trade Agreement: An Approach of Global Trade Analysis Project (GTAP) Model - Ana Shohibul Manshur Al Ahmad and Mulyadi

37

Paper No. ICOSEC-2-082083 - Creative Accounting Model for Increasing Banking Industries’ Competitive Advantage In Indonesia - Supriyati and Erida Herlina

38

Paper No. ICOSEC-2-082900 - Root Cause Analysis of Suka Mulya Cooperative Closedown by Using Current Reality Tree - Itsnaini Fathu Rahmah and Santi Novani

39

Paper No. ICOSEC-2-072865 - Development of Office Administration Education Bachelor Program Lecturers’ IQF-based Competencies - Ign. Wagimin, Wiedy Murtini, Hery Sawiji, and Anton Subarno42

40

SubConference: AICEDC Paper No. ICOSEC-3-061603 – Malay43sian Tourism Product Marketing to Middle East Countries - Azhar Harun,

Abd. 44Rahim Anuar, Rohana Yusof, and Suria Saniwa 41

Paper No. ICOSEC-3-06170 The Model of Economic Growth and Shift Share Analysisin East Java Province, Indonesia - Wiwin Priana Primandhana, Dewi Khrisna Sawitri, and Ira Wikartika

42

Paper No. ICOSEC-3-062208 - Food Commodities Trading Phenomenonin Central Java Province - Harini, Yunastiti Purwaningsih, Malik Cahyadin, and Emi Widiyanti

43

Paper No. ICOSEC-3-062209 - Manufacturing Industry Development and Phenomenonin Indonesia and Singapore: Lessons for Policy Makers - Siti Aisyah Tri Rahayu Lukman Hakim Malik Cahyadin

44

Paper No. ICOSEC-3-062417 - Explanatory Factors of Commercial Banks Efficiencyin Indonesia - Jaelani, Suparno, and Djoko Pitoyo

45

Paper No. ICOSEC-3-0625 Indonesia’s Opportunity to Develop Maritime Potency: - Utilizing Chairmanship in IORA 2015 - Septyanto Galan Prakoso and Aditya Very Cleverina

46

Paper No. ICOSEC-3-062523 - Impact of Foreign Debt and Per Capita Income on Corruption: Case Study in Asia - Agustinus Suryantoro, A.M. Soesilo, and Supriyono

47

Paper No. ICOSEC-3-062526 - Spatial Analysis of Disparities in Banyumas RegencyBased on Socio-Economic and Infrastructure Indicators - Kikin Windhani, Fajar Hardoyono, Sudjarwanto, and Hary Pudjianto

48

Paper No. ICOSEC-3-062534 - Sustainability in the Mining Town:Does the Ghost Town is Real? - Sulistiyohadi, Moersidik, Suparmoko

49

Paper No. ICOSEC-3-06264 The Effect of the Entrepreneurial Competence Towards Small Business Performance: Case Study of Small Business of the Crafts Products in Tasikmalaya West Java - Harun Heri Trismiyanto, Djoko Pitoyo, Tuti Sulastri

50

Paper No. ICOSEC-3-070651 - Inflation and Economic Growth in IndonesianDuring 1970-2013 - Sugeng Setyadi and Tetuko Rawidyo Putro

51

Paper No. ICOSEC-3-070853 - The Relationship Between the Socio-Economic Profile and Perception of Smallholders Towards Empowerment Program in Tanjung Jabung Barat, Jambi, Indonesia - Novyandra Ilham Bahtera and Fatimah Mohamed Arshad

52

Paper No. ICOSEC-3-070854 - The Poverty Alleviation for Sustainable Economic Development in Nigeria: Issues and Challenges - Rayyanu Abdulkarim Kaita

53

Paper No. ICOSEC-3-071161 - Model Mapping the Potential to Independence Fiscalin East Java - Niniek Imaningsih and Ning Siti Farida

54

Paper No. ICOSEC-3-07146 The Effects of BI Rate, Inflation, and Exchange Rate to Government Bond Price 2011.01-2014.12: Error Correction Model Approach - Miranti Rizki Amalia and Siti Aisyah Tri Rahayu

55

Paper No. ICOSEC-3-072864 - Gold Standard: The History and Impact on Economy (Historical Study Implementation Gold Standard Other than the Monetary Standards and Implementation Challenges and Opportunities in the Global Economy) - Ajeng Faizah Nima Ilma, Vita Kartika Sari, Bhimo Rizky Samudro,and Siti Aisyah Tri Rahayu

56

Paper No. ICOSEC-3-073067 - Simultaneous Analysis of Financial Sector Development and Economic Growth in Indonesia and Malaysia (1995-2013) - Febrianto Endy Pratama and Siti Aisyah Tri Rahayu

57

Paper No. ICOSEC-3-081169 - Customer Response Toward Out-of-Stock in Supermarket - Rina Arum Setyawati 58 Paper No. ICOSEC-3-081170 - Consumer Purchase Intention Towards Counterfeit Sporting Goods - Novi

Septiana 59

Paper No. ICOSEC-3-081676 - The Impact of National Health Insurance Programby Social Security Agency (BPJS) on Demand and Public Awareness of Health Insurance in Surakarta 2015 - Nurul Istiqomah

60

Paper No. ICOSEC-3-083000 - Accelerate Creative Economic in Surakarta Through Enhancing Incomes of SMEs Based Economic Creative - Dwi Prasetyani and Atmasari Listuhayu

61

Paper No. ICOSEC-3-083001 - The Effect of Financial and Non-Financial Informationon Underpricing Level - Adi Mohammad Zainuddin and Muh Juan Suam Toro

62

Paper No. ICOSEC-3-083100 - Analysis of Carrying Capacity of the Environmenton the Integration of Livestock Farmingon Dry Land of District Sragen, Central Java - Mugi Raharjo, Yunastiti, and Nurul Istiqomah

63

Paper No. ICOSEC-3-083101 - The Influence of Website Quality Towards Purchase Intention - Haryanto 64

AICIE Page 1

Paper No. ICOSEC-1-061804

The Implication of Tabarru’ and Wakalah Bil Ujrah Contracts

in Financial Management of Islamic General Insurance Institution: Case Study in Indonesia

Novi Puspitasari1

1Faculty of Economic, University of Jember, Jember, Indonesia

[email protected]

Abstract There are two purposes of this study. First is to explore the implication of the using of

tabarru’ and wakalah bil ujrah contract in financial management of Islamic general insurance

institution (IGII). Second is to build a financial management concept based on Islamic values.

The two purposes based on the assume that implementation of tabarru’ and wakalah bil ujrah

contracts will make differences in managing the fund. The integration of Islamic values will

affect the building of financial theories and conditions of the Islamic general insurance

institution. This study used a qualitative positivistic paradigm approach. Techniques research

conducted by interview and literature studies. The results showed that the application of the

tabarru’ and wakalah bil ujrah contracts have implications for changing in financial

management of Islamic general insurance institution (IGII). The change is the

implementation of splitted fund practice between the participants funds and company funds.

Integration of the results in the field and financial theory underlying create a new concept

called Islamic Split Fund Theory (ISFUT). Islamic Split Fund Theory (ISFUT) is the concept

of financial management system with splitted fund based on Islamic values, namely

transparency, honesty, and justice.

Keywords – tabarru’,wakalah bil ujrah, splitted fund , Islamic Split Fund

mailto:[email protected]

AICIE Page 2


The Workable Model of Trade and Finance in Makkah as

a Basic Role of Islamic Economics in Indonesia Towards Global Competition

Muhammad Yunus Anis1 and Afnan Arummi2

12Department of Arabic Literature, Sebelas Maret University, Surakarta, Indonesia [email protected], [email protected]

Abstract

In Islamic economics, historical examination can tell us that the Islamic system perse has the

capability of providing an operational norm and the workable model, as long as the

surrounding environment was helpful. One of the workable model of trade and finance is

Makkah. Makkah or Mecca is the holiest city in Islam. Located in Northwest Arabia, it is the

site of Ka’bah and the holy well of Zamzam, both objects of veneration in the Hajj.

Financially, the development of trade had created three distinctive financial situations: the

demand for, and supply of, finance, the appearance of money changers and the necessity of

insurance. By doing the qualitative research, the data of this research is constructed by the

social conditions, such as (1) place, (2) actors, and (3) activity. This paper try to find out the

workable model of trade and finance in the holiest city in Islam, Makkah. Workable mode is

a capable mode of being done in the present conditions, especially in Indonesia Islamic

Economic, such as the partnership concept, or mudharabah as it was known then, was

approved of after the coming of Islam and continued to serve as a legitimate mode of

business finance under Islamic law until the present day, thus we can conclude the result

about the connection line between a trade and finance prototype in Makkah and Indonesia

toward global competition.

Keywords: Trade and Finance, Makkah, Global Competition, Islamic Economics.


AICIE Page 3


Maslahah of Ummah vis a vis Align of Islamic Bank

in Indonesia

Lucky Nugroho1 and Tengku Chandra Husnadi2

12Islamic Economics & Finance, Trisakti University, Jakarta, Indonesia [email protected], [email protected]

Abstract

Indonesia as the biggest Moslem countries in the world has special histories of the Islamic

banking development as well. In Indonesia the development of the Islamic Banking was

starting by the society driven or in the other words its the bottom up development. In current

condition the impact of the Islamic Bank is not optimum yet, because one of indicator such as

market share of Islamic bank in Indonesia at 2014 is reduce become 4,6% than previous year

2013 which has market share 4,8%. According these condition, this literature review will find

out the challanges of the Islamic banking development included the opportunity to the

allignment of Islamic banking under the government policy. The methodology in this

literature review is qualitative and limited by the four questions research (i) How the

development of Islamic Banks from 2009-2014?, (ii) How many the clients that has served by

Islamic Banks? (iii) What is the link between maslahah and the Islamic Bank development?

(iv) Is there opportunity to align the Islamic Bank in Indonesia? The conclude is we need

interaction, integration and evolution process from all elements to improve of Islamic

Banking not only in the economics side but also we need role of government in the political

will to legitmate and enforce the allign of Islamic Banks for the entire objective is maslahah

based on the maqhasid sharia mainframe.

Keywords: Islamic banking in Indonesia, society driven, challenges of Islamic bank, alignment of Islamic bank, government policy, maslahah



AICIE Page 4


Islamics Principle Versus Green Microfinance

Lucky Nugroho

12Islamic Economics & Finance, Trisakti University, Jakarta, Indonesia

[email protected], [email protected]

Abstract The purpose of this literature review is to find out the link Islamic principles based on the

Qur’an, and hadith that in line with the green microfinance activities. The scope of this

literature review is divided into four main sections: (1) Is Islamic perspective on economic

activities has concern with the environmental issues? (2) Why microfinance has an important

role to implementing green microfinance activities? (3) What's the link between Islamic

principles and green microfinance activities, (4) Who has responsibilities on the

implementation of green microfinance activities? Based on Islamic perspective, the people

can run their business as long as they didn’t destroy environmental. The conservation of

environmental very important to support the sustainability of human life, it's reflected in The

Qur’an and Hadith as the supreme sources of Islamic law. Furthermore, Islamic finance has a

strong engagement with the microfinance activities, because the main clients of microfinance

are poor people, and the one of microfinance objectives is related to poverty alleviation.

Furthermore, the majority clients of microfinance are poor people that also as the contributor

of environmental destruction. Related to this condition, appropriate law enforcement from the

government who has the legitimation to force microfinance for implementing environmental

conservation activities.

Keywords: Islamic Principle, Environmental Concern, Microfinance, Poor People, Legitimation



AICIE Page 5


Decentralization, Islamic Finance, and Economic

Development: an Empirical Evidence from Indonesia

Bambang Saputra1

1Departement of Accounting, STIE MADANI, Balikpapan, Indonesia [email protected]

Abstract

This study examines the relationship between decentralization, Islamic finance and economic

development (economic growth and social welfare) in the region, as a reference in making

the strategy development of regional Islamic finance. Samples were provinces in Indonesia,

using secondary data from Dirjen Perimbangan Keuangan, Bank Indonesia and Baand Pusat

Statistik in the period of 2010 to 2013. The data were then analyzed by Structural Equation

Modeling (SEM). Results indicate that, first, decentralization (fiscal) has negative and

significant effect on regional Islamic finance. Second, decentralization (fiscal) has positive

and significant effect on regional economic growth. Third, decentralization (fiscal) has

positive and significant impact on regional social welfare. Fourth, regional Islamic finance

has not significant effect on regional economic growth. Fifth, regional Islamic finance has

positive and significant effect on regional social welfare. Sixth, regional economic growth

has negative and significant effect on regional social welfare. Strategic implication of these

results is the importance of the development strategy of regional Islamic finance focusing on

economy-political and economic-sociology in the region four main gatra, named: structure

and system resources; structures and social relationships; political system and the legal

system; and ideologies and value systems (Islam-Indonesia-Local).

Keywords: decentralization, Islamic finance, economic growth, social welfare


AICIE Page 6


Socio-Economic Value of Halal Issues on Food Product from

Small Medium Enterprise Segment for Muslim Consumers in Banyumas Regency

Kikin Windhani1, Fajar Hardoyono2, Herman Sambodo1, and Hary Pudjianto1

1Department of Economics Development, Faculty of Economics and Business, Jenderal Soedirman University, Purwokerto, Indonesia

[email protected]

2Department of Madrasah Education, Faculty of Tarbiya and Teaching Science, State Institute on Islamic Studies-IAIN Purwokerto, Indonesia

[email protected]

Abstract

Demand of halal food products which use beef, chicken, duck and mutton as a raw material

from small-medium enterprise (SME) segment always increases due to hygienic, affordable,

and tasteful. To increase market share of these products for Muslim consumer, fulfilment

requirement of halal based on Islamic sharia law is a must. This paper investigates halal

issues on these products produced by SME segment in Banyumas Regency, Central Java. The

main goal of this study was to measure the socio-economic of a halal issue on food product

of small medium enterprise segment for Muslim consumers in Banyumas Regency. The

depth-interviewed of 80 food producers was used to measure the standard of halal food

processing and the perception on the economic value of halal issue towards their product.

The questionnaire of 300 Muslim consumers was used to measure the awareness, perception,

and behaviour towards food produced by SME segment. Data analyses showed that there

were only 85% of producers who applied a strict procedure for the fulfilment of the halal

standard in food processing. The presence of halal logo and or halal certificate in food

products has not affected significantly the preference of Muslim consumer. The main factor

affected the preference on these products was controlled by taste, price, and hygienic factor.

Keywords: halal issues, Muslim preference, foods, small medium enterprise.



AICIE Page 7


The Contribution of the Baitul Maal Wat Tamwil (BMT)

for the Informal Sector of the Economy

Wenny Djuarni1 and Djoko Pitoyo2

1Doctoral Study Program of Economics Economics and Business Faculty of Padjadjaran University. Bandung, Indonesia

[email protected]

2Sangga Buana Univerity, Bandung, Indonesia [email protected]

Abstract

Baitul Maal Wat Tamwil (BMT) is an Islamic financial institutions as a means of providing

financial services in which the activity is focused on the development of the informal sector

who do not have access to banking. BMT its role as an institution that is formed on the

initiative from below, its function as a community mobilizer economic potential to be

developed in order to improve the welfare of members of BMT in this case serves as a

business organization. Another function that also acts as a social organization, which

mediates between agniya as shahibul maal (people who have treasure excessive) with dua'fa

(people who lack possessions) as mudharib (user funds) primarily for the development of

productive enterprises. Through increasing the capability and professionalism of the

managers of BMT, as well as sensitivity analysis of financing so as to provide appropriate

financing and optimizing the role in the real economy can be implemented properly, thus

BMT play an optimal role to contribute to national development, so expect the welfare of the

business sector informal can be realized in a fair and equitable.

Keywords: Contributions BMT, Informal Economic Sector



AICIE Page 8


The Effect of Corporate Governance on Earnings

Management at Islamic Banking in Indonesia

Meitia Faridha Hartini1 and Putri Permatasari Husa2

12Accounting Department, Universitas Sebelas Maret, Surakarta, Indonesia [email protected], [email protected]

Abstract

In the past few years, Indonesian Islamic Banking has developed rapidly. This trend has made

Indonesian society tend to put their trust over their money into Islamic Banks. Society as

principal and manager as agent tend to have different interest, thus could cause earnings

management. The purpose of this research is to examine whether the application of Corporate

Governance influence earnings management practice at Islamic Banking in Indonesia. The

independent variables of this research are auditor quality, Commissioner Board’s size, Board

of Director’s size, Sharia Supervisory Board’s size, and bank’s size, while the dependent

variable is earnings management. Sampling procedure in this research is purposive sampling.

Sample of this research consists of Islamic Common Bank listed in the Bank of Indonesia for

the period of 2011-2013. This research uses Beaver and Engel model to calculate earnings

management which represented by discretional accrual. This research uses software SPSS

16.0 in order to analyze the data. The method of data analysis of this research is multiple

linear regressions. The results of this research indicate that auditor quality and bank’s size are

significantly associated with earnings management. In contrast, other variables such as

Commissioner Board’s size, Board of Director’s size, and Sharia Supervisory Board’s size

have insignificant association with earnings management at Islamic Banking in Indonesia.

Keywords: Corporate Governance, earnings management, Islamic Banking.



AICIE Page 9


Computer Application Design for Sharia Financial Services

Cooperative in Srengseng Sawah, South Jakarta

Kiayati Yusriyah1, Budiman2, and Dharmayanti3

1Communication Department, Universitas Gunadarma, Depok, Indonesia [email protected]

2Management Department, Universitas Gunadarma, Depok, Indonesia

[email protected]

3Informatics Engineering Department, Universitas Gunadarma, Depok, Indonesia [email protected]

Abstract

Economic empowerment through cooperative and small and medium enterprises remains a

top priority in the long-term national economic development. Financial Services Cooperative

in Srengseng Sawah, South Jakarta, implements sharia system that emphasizes the concept of

profit sharing. Members of cooperative are scattered in 13 consultation meetings, that we call

“rembug”. The availability of better information will support the development and operation

of this cooperative. Computerized transactions and related reports will facilitate officers in

making decisions according to the financial condition of the cooperative. This research aims

at designing of a computer application for Sharia Cooperative Financial Services in

Srengseng Sawah. The system development life cycle approach is used with the special

reference to the application of object-oriented programming using Unified Modeling

Language (UML). The application is designed based on the user requirements and in

accordance with the existing business processes. The application provides capability to ease

the systematic documentation, faster administration services, increase the effectiveness by

reducing erroneous in data transactions and recording. By implementing the application, it is

expected that the cooperative has more capability in increasing its performances and thus

provide better services and profits that will lead to higher contribution in alleviating poverty

of the community under its operations.

Key words: computer application design, financial services cooperative, sharia.




AICIE Page 10


Hahslm Islamic Economics Methodology

Roikhan Mochamad Aziz1

1Islamic Economics Department, State Islamic University (UIN) Jakarta, Jakarta, Indonesia

[email protected]

Abstract

The philosophy espoused in Islamic Economics Methodology Hahslm based on ontology

Islam, with epistemology of kaffah, and its axiology in the form of dual harmonized. The

philosophy of economic will be benchmarked between the supply demand curve to a tree as

an universal compliance. There is the source of the Quran that interpret the economic

philosophy that every definite theory approach should be put god in it. To study the origin of

the formula Hahslm, this research will refer specifically to the Quran Surat Al-Baqarah [2]:

208 and Al-Hijr [15]: 87 then compare with the curve of the PQR due to a tree as landmark.

With the equation: H = a. h (s, l, m) where the slm = root trunk leaves or PQR. SD Curve

economics theory that fits the universal compliance of the tree, it gives to the variable R or

worship that became the new variable in accordance with the philosophy of the leaves in a

tree, as part of a tree to symbolize the value of worship. It needs a non-linear way of thinking

to improve the existing methodology, from conventional thinking that displays only the price

changes, without weights. The methodology of the Islamic Economics polarized the meaning

of worship that would be a single answer in general terms of the genuine of the methodology

in the future of Islamic economics.

Keywords: quran, kaffah, methodology, hahslm, worship


AICIE Page 11


Comparing Efficiency of Conventional Insurance

and Takaful in Indonesia

Lely Ratwianingsih1 and Vita Kartika Sari2

12Faculty of Economic and Bussines,Universitas Sebelas Maret, Surakarta, Indonesia


Abstract

The insurance industry plays an important role in the development of social and economic

sectors in Indonesia. Insurances are similar to banks, serve the needs of business units and

private households in financial intermediation by reducing the risk and uncertainty. Nowdays,

there are two system of insurance in Indonesia, the convensional and takaful. Takaful,

insurance with sharia base grows well in Indonesia. This argument is interesting to be studied

deeply. This study aims at comparing the Indonesia’s Takaful and conventional insurance

companies in terms of efficiency for a four years period, 2011 to 2014. Data which is used in

this research is secondary data and will apply Data Envelopment Analysis (DEA) approach to

estimate the efficiencies. The results from this research is conventional insurance firms are

more efficient as compared to Takaful firms.

Keywords: insurance, takaful, data envelopment analysis



AICIE Page 12


Tax Implementation in Indonesia According to Syariah

Laili Faiza Ulfa

Center for Islamic Economic Studies Universitas Sebelas Maret, Surakarta, Indonesia

[email protected].

Abstract Tax is source of Indonesian income that contributes to APBN (State Budget /Anggaran

Pendapatan Belanja Negara) about 80%. Tax are includes central tax,regional tax, and

regional retribution. The majority of tax payers are moslems (88% of total Indonesian’s

population approximately 189.014 million people). According to the Tax Regulation,there are

two collections tax in Indonesia. They are tax and double tax. This ia a problem for

Indonesian moslems because double tax can be a burden for them. However, if we look in the

Islamic Economic System, Mufti permits tax for people’s advantage. Therefore, tax is for

moslems and non moslems. Meanwhile, double tax is only for the moslems. In the tax

regulation, double tax is credit for nett income.

Keywords: Tax, Income Tax, Double Tax, Islamic Economic System.


AICIE Page 13


The Contribution of Islamic Banking Financing

to Micro, Small and Medium Enterprises: Case Study in Aceh Province Indonesia

Riswandi1 and Nahrul Hayah Ariga 2

1Department of Economics, Syiah Kuala University, Banda Aceh, Indonesia

[email protected]

2Pusat Informasi dan Kajian Ekonomi Aceh, Banda Aceh, Indonesia [email protected]

Abstract

Rapid development in Islamic Banking in Aceh may have a positive contribution to micro,

small and medium enterprises (MSMEs). In essence, the study is trying to test statistically

key factors that contribute to Islamic banking financing for the enterprises. Based on that, the

study examines the relation of depositor funds, non performing financing and inflation rate to

Islamic banking financing for MSMEs in Aceh. Monthly data reported in Islamic Indonesia

Banking Statistic spanning from January 2010 to December 2013 and published by Bank

Indonesia were used. To prove statistically the relation among variables of interest, the study

utilized a multiple linear regression model by taking into account MSMEs financing of

Islamic banking as dependent variable and depositor funds, non performing financing and

inflation rate as independent variables. The results of the study revealed that the depositor

funds has statistically a positive contribution to MSMEs financing. This result indicates that

the higher saving rate in Aceh, the more financing would be available for MSMEs. Even

though the non performing financing has also significant impact, the direction of relation is

not consistent with the theory where the variable should have a negative relation to the

MSMEs financing. However, the inflation rate were not statistically significant to Islamic

banking financing for MSMEs. Based on the results, the government of Aceh should

encourage Islamic banking to expand and capitalize their financing to boost the performance

of MSMEs.

Keywords: micro, small and medium enterprises, Islamic banking, non-performing finance.



AICIE Page 14


Is There Income Equalization Concept

in Islamic Economics Perspective?

Wahyu Hadi Wibowo1 and Anniza Citra Prajasari2

12Islamic Economics Studies, Post-graduate School, Gadjah Mada University, Yogyakarta, Indonesia


Abstract

Economic gap has become an issue that is often discussed in various Islamic economics

studies. This paper will provide new insight in addressing economic disparities and equitable

distributions of income. This paper will show that that there are no strong views on efforts to

reduce economic disparities. So the main goal of distribution in Islamic economics is to

reduce poverty instead of creating income distribution equalization. Even if income

distribution is realized, what more important is how to improve the living standards of the

poor to be better. So the main focus is not on equitable distribution of income, but increasing

the living standards of the poor. The method used in this paper is library research that focuses

on the concept of equity in Islamic rules according to some Islamic economists, as well as the

priorities between equity and poverty alleviation. This paper concludes that economic

inequality is not regarded as a problem that must be addressed in Islamic economy.

Difference in income (post-production) is something that is seen as fair, as long as the initial

resources (pre-production) are allocated equitably. However, there are issues that are much

more important to address than preventing or reducing economic gap, i.e. every rich person,

with support and help from the state, each is responsible for helping, ensuring, and improving

the living standards of the poor.

Keywords: income distribution, equalization, poverty, economics gap



AICIE Page 15


Organizational Effectiveness Assessment of ZIS Institute Based on the Perception of HR/Staff of the ZIS Institute and Mustahik: ZIS Institute Case Study - in DKI Jaya

Yuswar ZB1, Hermien Triyowati2, and Yolanda Masnita3

123Trisakti University, Economic Faculty, Jakarta [email protected], [email protected], [email protected]

Abstract

This study is the second year of a three-year series of studies of ZIS, beginning in 2014. By

using Input - Output analysis, and based on the secondary data only from BAZIS DKI, the

results of the study showing the distribution of ZIS for health and education addressed to

Mustahik, potentially increasing output of DKI, by sector, about 2x distribution of ZIS

(approximately 43.8 M); while channeling ZIS, proved positive influence and significance to

the improvement of social welfare of Mustahik. Based on this study, in 2015 we conducted a

study to analyze the Effectiveness Organization of ZIS Institutions - in DKI Jaya, using the

perception of HR / Staff of ZIS institutions. By using Path Analysis, the results showed that

Employee Satisfaction and Employee Loyalty of HR / Staff Institute of ZIS, positive and

significance influenced the Organizational Citizenship Behavior with immediate effect

respectively by 52.6% and 45.4%, and further OCB proved not mediating variable, but have a

positive and significance influenced to Organizational Effectiveness (46,4%), accompanied

by Employee Loyalty with immediate effect at 66.9%. While on the other hand,

Organizational Effectiveness also proved a positive and significance influenced the Mustahik

satisfactions (78.9%). The results provide information for future improvements of ZIS

Institute, became more professional.

Keywords: Employee Satisfaction (ES); Employee Loyalty (EL); Organizational Behavior (OB), Organizational Citizenship Behavior (OCB); Organizational Effectiveness (OE; Mustahik satisfactions (MS)




AICIE Page 16


Legislate of Syirkah Legal Entity in The Legal System

in Indonesia

Burhanudin Harahap1 Luthfiyah Trini Hastuti2, and Solikhah3

123Faculty of Law, Sebelas Maret University, Surakarta, Indonesia [email protected], [email protected], [email protected]

Abstract

This study sought to unravel the problems of incompatibility of legal entities for the BMT

due to differing philosophies between BMT with the cooperative. Legal entities which have

proximity philosophy with BMT is syirkah concept in the form of legal entity Baitut Tamwil.

But formal legally Baitut Tamwil legal entity has not been recognized under the provisions of

applicable law. So the attempt to legalize the legal entity Baitut Tamwil is one way to restore

employment patterns in accordance with the philosophy of the establishment BMT. This study

aims to identify strategic steps that must be done so that the legal entity Baitut Tamwil

understood, recognized and accepted by the government and identify factors that can hinder

or can encourage acceptance Tamwil Baitut legal entities in the legal system in Indonesia.

The results showed there were several strategic steps that must be done so that the legal entity

Baitut Tamwil acceptable in the legal system in Indonesia is at several stages of the first

phase pralegislasi among others, the planning, preparation, and drafting legal entities Baitut

Tamwil. The second stage is the legislation, among others; discussion, approval and

promulgation. The third stage, among others; documentation, dissemination, education, and

implementation. Factors that may encourage acceptance of legal entities Baitut Tamwil

among other things because of the need for legal entities in accordance with the work patterns

BMT whose numbers are increasing in Indonesia. Keywords: legal entities, syirkah, baitut tamwil, BMT




AICIE Page 17


Interpretative Phenomenological Analysis for Implementation

of Qardhul Hasan on Islamic Banking Indonesia

Falikhatun1, Yasmin Umar Assegaff2, Hasim3

123Faculty of Business and Economic and Center for Islamic Economic Studies, Universitas Sebelas Maret, Surakarta, Indonesia

[email protected]

Abstract Interpretative Phenomenological Analysis (IPA) aims to explore in detail how one

understands them self and their surroundings, about the meaning of their experience of

something. Therefore, this study aimed to analyze about Qardhul Hasan implementation on

Islamic Banking Indonesia based on Islamic Econonomic Theory. The approach used in this

research is phenomenology. The methods of data collection are in-depth interviews,

observation, and documentation, while the analysis taken is Interpretative Phenomenological

Analysis (IPA) and Syar'i Analysis. Interpretative Phenomenological Analysis (IPA) results

show that according to the experience of Muqridh implementations object of Qardhul Hasan

on Islamic Banking Indonesia include Productive Loan Fund Distribution and Social Fund

Distribution. while the results of the study concluded that based on Syar'i Analysis, most of

Qardhul Hasan objects are accordance with the Islamis Economic Theory. Suggestion of this

research is primarily proposed for next researcher can develop institutional research related to

Islamic Banking, Islamic banking products, supervision of Islamic banking, and Accounting

for Islamic Banking.

Key Words: Islamic Economic Theory, Muqridh, Qardhul Hasan


AICIE Page 18


Corporate Governance and Islamic Social Reporting:

a Comparison in Indonesia, Malaysia, and Gulf Cooperation Council

Maftuhatul Barokah1 and Ibrahim Fatwa Wijaya2

1Accounting Department, STIE Swastamandiri, Surakarta, Indonesia [email protected]

2Accounting Department, Universitas Sebelas Maret, Surakarta, Indonesia

[email protected]

Abstract This paper discusses how corporate governance influences the disclosure level of Islamic

Social Reporting (ISR) in Islamic banks. The authors observed 26 Islamic banks in Indonesia,

Malaysia and Gulf Cooperation Council (GCC) countries from 2011 to 2014. The research

consists of corporate governance variables namely board size, board meeting, CEO duality,

female shariah board size, shariah board size, board independence size, board independence

meeting, return on assets, and leverage as independent variables and level of ISR disclosure

as dependent variable. Indexing is used to know the level of ISR disclosure taken from annual

report of Islamic banks. Multiple regression analysis was used to examine variable of

corporate governance towards ISR disclosure. The result shows that only board size has

positive significant on ISR disclosure and board independence size has negative significant

on ISR disclosure. Other variables have no significant on ISR disclosure of Islamic banks.

Keywords: corporate governance, annual report, Islamic social reporting, Islamic banks



AICIE Page 19


The Growth of Islamic Banking: Efficiency of Islamic

Banking Compared to Conventional Banking in Indonesia From 2005-2014 and Relation to Its Market Share

Imas Siti Fatimah Nursyiam1 and Taufik Faturahman2

1School of Business and Management, Bandung Institute of Technology, Bandung, Indonesia


Abstract Islamic banking has good reputation in core of global banking market, the growth rate of

Islamic banking has been 1.9 times higher than conventional banking over 2009-2013. In

Indonesia, Islamic banking has rapidly growth over the year 2001 to 2010; It captured by the

average total asset growth of Islamic banking industry in Indonesia exceeded 50% per

annum. As the biggest Muslim population country in the world, Islamic banking in Indonesia

couldn’t attain the target of market share that Bank Indonesia given. Even they have rapidly

growth, the condition of its market share is the core of problem for this research, how

efficiency of Islamic banking in Indonesia over 10 years from 2005-2014 compared with

conventional banking. How the correlation between efficiency and its market share. DEA

method with intermediation approach applied to determine the yearly efficiency of Islamic

banks compared with conventional banks, and spearman’s correlation applied to determine

the correlation between efficiency of islamic banks towards its market share. In year 2009

and 2013, the average of efficiency Islamic banks is statistically significant higher than the

average of efficiency conventional banks. While, for the other years, there is no statistically

significant different. The spearman’s correlation found, overall, there is statistically

significant correlation between efficiency of banks with their market shares. For the

correlation results, based on type of banks, there is statistically significant relationship

between efficiency of Islamic banks with their market share, with “moderate” correlation, it

means that efficiency of Islamic banks has an influence to their market share, but there are

other elements that influence the market share of Islamic banks condition in Indonesia.

Keywords: Islamic banks, Data Envelopment Analysis (DEA), Efficiency, Intermediation approach, market share.



AICIE Page 20


Religiosity Level and Saving Decision in Baitul Maal wat

Tamwil: a Case Study in Karanganyar

Yudis Cipta1 and Ibrahim Fatwa Wijaya2

1Accounting Department, STIE Swastamandiri, Surakarta, Indonesia 2Accounting Department, Universitas Sebelas Maret, Surakarta, Indonesia

Abstract

This study examines the impact of religiosity level of the customer in shaping consumer`s

choice of Baitul Maal wat Tamwil (BMT). Respondent’s self administered interview was

conducted using questionnaires. This research used a purposive sample of 100 customers of

BMT in Karanganyar district. The finding of this study shows that customers who have

devout religiosity level prefer shariah as the first reason for saving money in BMT. In

addition customers who have moderate religiosity level prefer convenience and customers

who have cassually religiosity level prefer service for selecting BMT.

Keywords: BMT Selection Criteria, Religiosity Level, Karanganyar

AICSP Page 21


Individual Factors, Social and Cultural Rights to Purchase

Decision Motif Batik Clothing

Diah Nenik Hartanti1

1Department of Management, Faculty of Economics, University Gunadarma, Depok, Indonesia

[email protected]

Abstract Scientific writing is intended to determine whether the individual factors, social and cultural

influence consumers in making purchasing decisions batik clothing, and to know what is the

most dominant factor among the three factors mentioned above. To analyze the behavior of

the election, then conducted by validity, reliability and multiple linear regression. Validity of

test results across the variable is declared invalid and of variable reliability test for the entire

perfaktor are reliable. Samples were taken from Tanah Abang Market visitors who ever buy

and use batik as many as 250 respondents. The survey results revealed that the individual

factors, social and cultural influence purchasing decisions batik fashion simultaneously and

partially. It can be seen through the results of multiple linear regression test, for Simultaneous

test (test f) f obtained 54,700 count is greater than f table is 2,631 means that the individual

factors, social and cultural influence simultaneously (simultaneously) on consumers in

making purchasing decisions fashion batik. Based on the partial test (t test), obtained t count

each factor is greater than t table (1,970), so the individual factors, social and cultural

influence on their own (partial) on consumers in making purchasing decisions batik clothing.

While most dominant factor among the three factors are the individual factors because it has

the highest t is 5,080.

Keywords: purchase decision, individual factors, social factors, cultural factors


AICSP Page 22


Analysis of Adversity Quotient (AQ) in Human Resource

Development Through Outbound Training

Aris Munandar1 and Adella Hotnyda Siregar2

12Post Graduate UPN ”Veteran“ Jakarta, Jakarta, Indonesia pascaupnvj@gmail,com

Abstract

This research aims to analyze the Human Resource Development through outdoors training.

The Object research is to analyze the development of the Adversity Quotient of human

resources through outbound training. The development of human resources depends on the

level of Adversity Quotient and can be seen and developed in the outbound training.

Research method used a qualitative method approach with examined the descriptive aspect

of the object and the subject of research, interpretive aspect, phenomenology, and case study.

Base on the aspects examined in this study can be expected over the firm presents a

framework of analysis used in this research. Subjects in this study consisted of 8 employees

PT. Adiprana Catur Sentosa Tbk. They had an age between 23-30 years old and university

degree in Strata 1 (S1). Methods of data collection in this study using Focus Group

Discussion (FGD), observation, and interviews, as well as complementary post test data. The

results show that there is a large influence on the Adversity Quotient (AQ) participants after

training outdoors. This caused a great influence because it deals with the touching aspects of

Adversity Quotient (AQ), in particular aspects of the control (control), owners and origin,

reach, and aspects of endurance (durability). In conjunction with the Human Resource

Planning, Adversity Quotient (AQ) can be implemented in the individual planning talent.

management as a very appropriate step, as it can provide naturally profiling of individual

training for suggestions will be developed means of development and Human Resource

Planning.

Key words: Adversity Quotient, Human Resource Planning, Human Resource Development, outdoors training.

AICSP Page 23


Myanmar Public Policy Toward Rohingya Ethnic After Internationalization of Rohingya Ethnic Refugee Issue

Randhi Satria1 and Andrian Saputra2

12International Relation Department, Universitas Sebelas Maret, Surakarta, Indonesia


Abstract Rohingya ethnic refugee from Myanmar to several ASEAN countries has become both

regional and international issue. This issue put Myanmar governance in solving by

formulating and implementing a new policy either for their domestic politics or for their

international politics to prevent international ban for the country. This paper will try to take

analyze deeper about how Myanmar policy toward Rohingya ethnic after the

internationalization of Rohingya ethnic refugee issue? This paper also will discuss about

potential ban from international community either by state or non-state actor toward

Myanmar, and also the rule of ASEAN as a regional organization in solving this issue. As we

also knew that ASEAN countries will soon face the ASEAN community and this issue can

never be a good sign as a starting point. This paper purposed to contribute to give

constructivist thought on Myanmar governance to take responsibility toward Rohingya

ethnic. This paper will also explore on the terminology of state responsibility to protect,

human security, and regional organization. This paper will use descriptive-causative method

in analyzing the issue. This paper also gives hypothesis which explain Myanmar

responsibility to protect the people instead of luring them outside the country. The ignorance

and arrogance of Myanmar governance could cause several consequences such as

international ban, and also disintegration of ASEAN.

Keywords: Myanmar, Rohingya, Public policy, ASEAN



AICSP Page 24


Predictors of Behavioral Intention to Use Public Railway

Services: a Comparative Study Between Two Age-Segmentations

Savira Miranti1 and Anya Safira2

1Department of Management, Universitas Indonesia, Depok, Indonesia


Abstract Jakarta, the capital city of Indonesia, is facing a serious traffic congestion problem that

remains unsolved. This is mainly caused by the annual private vehicle growth that has

outrageously outnumbered the growth of roads in Jakarta, which in turn makes roads not have

enough space (Transportation Services of Jakarta City Government, 2011). The Governor has

stated that as long as Jakarta does not have a decent rail-based mass transportation system,

the city traffic will always be congested. This study aims to examine the predictors of

passengers’ behavioral intentions in using railway services. The respondents were divided

into two age-segmentations, and the data are analyzed separately. A conceptual model of

behavioral intention’s predictors, which consists of service quality, perceived value,

corporate image and customer satisfaction, are tested quantitatively by using multiple

regression and independent sample t-test. A questionnaire was used to collect data from the

passengers of KRL Commuter Jabodetabek (the railway service operating in Jakarta and its

satellite cities). The results show that the different age groups have different evaluations and

determinants for using the railway services. The older group value assurance as an indication

of service quality. For the younger group (<29 years old) perceived value is an important

determinant of customer satisfaction, whereas for the older group (29 years old and older) it

is service quality which influences customer satisfaction. Both groups consider corporate

image and customer satisfaction as determinants of behavioral intentions. Implications, both

theoretical and managerial are discussed to provide suggestions for strategic policy making.

Keywords: behavioral-intention; railway-services; age-segmentations; KRL-Commuter; Jakarta.



AICSP Page 25


The Impact of Perceived Corporate Reputation,

Pride, Affective Commitment, and Job Satisfaction Towards Employee’s Awareness of Their Impact

on Corporate Reputation

Dindha Vitri Primadini1 and Muhammad Irfan Syaebani2

1Management Department, University of Indonesia, Depok, Indonesia [email protected], [email protected]

Abstract

Corporate reputation is a critical factor for company to achieve its goals. For employees,

corporate reputation is something they perceived but on the other hand it is something which

is shaped through the interaction with stakeholders. This study suggests that employee’s

awareness of their impact on corporate reputation (AICR) is positively affected by

employee’s perception of corporate reputation, pride, affective organizational commitment,

and job satisfaction. Hypotheses are tested using 161 data from employees of a stated-owned

company in Indonesia. Six-point likert scale is used for questionnaire format to reduce central

tendency of respondent’s response. The sampling technique is non-probability sampling due

to its nature of work which is most employees are having activity outside of office. Structural

Equation Modelling (SEM) is performed to test the hypotheses. Result suggested that

employee’s awareness of their impact on corporate reputation (AICR) is positively affected

by perceived corporate reputation and affective commitment but it is not affected by pride

and job satisfaction. Perceived corporate reputation (PCR) gives the strongest impact on

employee’s awareness of their impact on corporate reputation (AICR). It is concluded that the

most effective way to increase employee’s AICR is by shaping a good corporate reputation.

Keywords: affective commitment, AICR, job satisfaction, perceived corporate reputation, pride



AICSP Page 26


Impact of Declining in Fertility on Female Labor Supply

Achmad Sjafii1, Nyigit Wudi Amini2, and F. Apriyanti3

1Airlangga University, Surabaya, Indonesia

[email protected]

2National Family Planning Coordinating Board, Surabaya, Indonesia [email protected]

3RiFi Ilmi, Education Institute, Surabaya Indonesia

[email protected]

Abstract

The Indonesian demographic changes during 1970-2012 have changed the age structure of the population significantly. One of the phenomenon which appear is a decline both in the fertility and mortality rate. Indonesia, likewise in most of the countries experienced declining of fertility and mortality rate. This will be followed by some positive impact on acceleration of economic. The decline in fertility rates has become one of the causes of the increased economy performance in several countries especially the case in the developing countries. The decline in fertility rate will lead to the increase of the percentage of the working-age population. The experience of developed countries and newly industrialized countries such as ’the tigers of Asia’, small ratio of young people to the working-age population are could prove positive implication to economic development. Demographic changes influenced economic development through the following channels: (1) as a result of an age-structure transition; (2) as a result of lower mortality rate and increasing longevity. An age structural transition causes decreasing in the portion of young population, while the portion of working-age population is increasing. This means the young age group dependency decreases relative to the total dependency burden. It has impact toward increasing supply of labor in economy, for example increasing female in labor market in developing countries. Studies show stated that falling youth-age dependency ratio contributed to the economic growth. This objective of paper is to examine relationship causality between the declining TFR (due to of demographic changes) and female labor participation (FLP) in Indonesia from 1990 to 2012 by Granger causality test. Keywords: fertility rate, female labor participation




AICSP Page 27


The ASEAN Economic Community (AEC), Forest Fire and

Deep Ecology: An Analysis of Interrelationship Between Natural and Human Resources

Muhammad Rustamaji1 and Bambang Santoso2

12Faculty of Law, Sebelas Maret University, Surakarta, Indonesia


Abstract

Indonesian forest territory reaching 99.6 million hectare is promising a great resource in facing of the ASEAN single market. However, a single market of such the ASEAN Economic Community (AEC) style gives a complex homework in ecological sector. Purpose of the writing is actually to show challenges that should be addressed when MEA establishes a single ASEAN market. Based on categorization of legal study’s analysis methods, the study is a dogmatic one developing jurisprudence as dogmatic of law (Rechtsdogmatiek). Results of the study showed that forest fire and the single ASEAN market has, consciously or not, created a new myth called rationality of commodity efficiency. Horkheimer and Adorno in their ' enlightenment dialectic' explained that efficiency, in economic, is a principle of market surpassing all kinds of feudal and religious restrictions. Thus, rationality is equated with efficiency. When efficiency is applied in dynamics of capitalist economy, then the entire field of human life is considered a commodity. Consequently, reification is in effect, namely when everything is a commodity so people is no longer enjoying but consuming and consuming without building any social relationships in a real sense. At such nadir, ecological damage is inevitable or it is even considered a reasonable price worth paying. The Law which is essentially an ethical conversation of human beings to produce justice is easily forgotten because of greed. In-depth perspective on ecology (deep ecology) that is essentially the interests of civilization begins to exclude. However, all such excesses of reification can be avoided when the law is still pursued progressively, so the law must arrive at radicalism in order to demolish assumptions of law. The Law is not only there to check on fairness, but it should produce justice and even a new kind of one, namely justice for the sake of future generation (intergeneration justice). Thus, it can be concluded that forest should not only be explored for its resources solely according to the reification trap of ASEAN single market, but it must be preserved for future human posterity because of considering the deep ecology. Keywords: AEC, deep ecology, forest fire



AICSP Page 28


Phenomenon Selfie in Students Faculty of Economics,

Semarang State University, Indonesia

Nanik Setyorini1, Fian Mulyaga2, and Erik Adi Ponco N2

Economic Faculty, Semarang State University, Semarang, Indonesia [email protected], [email protected], [email protected]

Abstract

The development of communication technology today resulted in significant changes in

human life. Progress and development of communication technology, especially smartphones

could eventually alter the functions of a smartphone itself for the photography, one of which

is a selfie. The emergence developments of social media such as Instagram, BBM, Facebook,

Twitter, which provide profile photos and a feature to share photos resulted in students trying

to follow the developments and take advantage of it. This research titled “Phenomenon Selfie

in Students Faculty of Economics, Semarang State University, Indonesia”. The research

process is done by examining the custom when selfie, perceptions of selfie, motivation do

selfie, and media used to selfie. The method used in this research is qualitative research

methods. Data collection techniques is with a survey questionnaire with closed questions.

Population of this research were all students of the Faculty of Economics, Semarang State

University, by taking a sample of 18 male students and 20 female students. Methods of

sampling with purposive sampling technique. The purpose of this research was to determine

how the phenomenon in an environment selfie student at the faculty of economics, Semarang

State University seen from the current aspect selfie habit, perception in selfie, the media used,

and the motivation to do selfie.

Keyword: selfie, habits, perceptions, motivations, media.




AICSP Page 29


The Effect of Financial Information System Implementation to Performance Officer: Psychological Empowerment as an

Intervening Variabel (Empirical Study on the Device of Regional Coordinating Agency for Development of Cross County/City Region III Central Java Province, Indonesia)

Dona Primasari1

1Doctoral Student of Diponegoro University, Semarang, Indonesia

[email protected]

Abstract

This study examines the influence of implementation Government Financial Information

System (SIKD) to the and performance officer, and using the Psychological Empowerment

as intervening variabel. This research represents the empirical test which used convienence

sampling technics in data collection. Data were collected from 167 officer of local

government in central Java provinces. Data analysis used Structural Equation Model

(SEM) with the program AMOS 18.0. Result of hypothesis examination indicates that two

hypothesis raised are accepted

Keywords: Implementation of Government Information Financial System, (SIKD), performance officer, Psychological Empowerment


AICSP Page 30


Cost Benefit Assessment of Water Use of Mine Void (Study at Postmining Void PT.Multi Harapan Utama, Margahayu Village, Kutai Kertanegara Regency, East

Kalimantan Province)

Putu Diyan Diwyastra1, Setyo Sarwanto Moersidik2, Soemarno Witoro Soelarno3

123Environmental Science, University of Indonesia, Jakarta, Indonesia

[email protected], [email protected], [email protected]

Abstract Mine void is a problem that abandoned mines after mining ends. The loss of function of the

mine void water as raw water resources may lead to lower values of environmental services.

To restore the value of environmental services, void water management is required to recycle

void water as raw water. This study was conducted to determine the characteristics of

community that use mine void water resources as a raw water, estimate willingness to pay

(WTP) community against the use of raw water obtained from the mine void water,

determine factors that affecting WTP society, assessing the financial feasibility of utilization

of mine void water as a raw water and freshwater fish farming. The study was conducted by

gathering information through questionnaires in the Margahayu village involving 100

respondents. Results of the study are the characteristics of the mine void water users showed

69% of respondents aged 41-60 years old, dominated by the man as much as 87%, with most

education level is junior high school, income ranged less than Rp.1.500.000,00 per month

with a percentage of 51%, the number of water users by 3-5 persons per household, and the

amount of water needs is ranged 8-31 m3/month/household. The average value of WTP Rp.

5,620.00 per m3 which is influenced by education, income, and the amount of water needs.

Based on the financial analysis is obtained value of Net Present Value (NPV) of

Rp.1.528.812.844,21; Net Benefit-Cost Ratio (B/C) of 2.56; IRR of 17.3%. Mine void water

utilization feasible and provide benefits to the community.

Keywords: Mine Void Water




AICSP Page 31


Factors Affecting Infant Mortality Rates in the Asean-5

Vita Kartika Sari1 and Dewi Ismoyowati2

12Faculty of Economic and Bussines,Universitas Sebelas Maret, Surakarta, Indonesia


Abstract Human capital is the main asset for driving the economy. The purpose of this paper is to

examine the effect of GDP/capita, fertility rate, health expenditure, and the number of female

workers to the infant mortality rate in ASEAN-5. We use pooling regression to answer the

problem. The expected results from this research are GDP/capita will be negative, fertility

rate will be positive, health expenditure will be negative, and female workers will be positive.

Keywords: infant mortality rates, economic growth. socioeconomic status



AICSP Page 32


Online Internal Communication Design in Support of

E-administration in Karanganyar Regency

Cicilia Dyah Sulistyaningrum Indrawati1, Andre Noevi Rahmanto2, Anton Subarno3, and Rosihan Ari Yuana4

1234Universitas Sebelas Maret, Surakarta, Indonesia

[email protected], [email protected], [email protected], [email protected]

Abstract

Fast administration communication is the newest trend in information technology era. Parties

involved in the communication no longer need to meet face to face to convey information.

Even, the information's follow up can be monitored through that information technology. The

objective of this to design on-line internal administration communication system in support of

e-administration in Karanganyar Regency. The research method used an inductive deductive

study. The deductive study was employed to analyze the regulations related to the governance

of the archive. The inductive study was also exercised to identify problems of administrative

service implementation, including to identify (a) the most dominant administrative services,

(b) the tools standardization, (c) the system that is being used, and (d) the data distribution.

The sampling used purposive random sampling. The data analysis technique used the factor

analysis, which function is to discover the strength of each item in each indicator, whether it

is feasible to maintain or not. The item testing was done using Confirmatory Factor Analysis.

The result of the research demonstrated that the system design involved six main entities,

namely: incoming mail, record staff, head, administration, archivist, and disposition executor.

The incoming mail will be received by record staff, who then enters it into the system. The

archivist's job is to mark the letter data that the original letter has been archived. The

administration department will forward the letter data to the head, who will then issue a

disposition. Based on the disposition note, the letter data will be forwarded to the letter/duty

executor. When the execution is completed, the letter data in the system will be marked.

Keywords: E-administration, internal communication, government.





AICSP Page 33


Grand Design of Investment Cooperation

in West Java Province

Helin Garlinia Y1 and Okky Rizkia Y2

1Business and Manajemen Faculty, Widyatama University, Bandung, Indonesia [email protected], [email protected]

Abstract

Government of West Java Province, has many limitations to explore the existing potential.

While the demands of such rapid development, in order to realize a prosperous society in

West Java. To that end, the pattern of investment pattern of mutually beneficial cooperation

and can provide added value to regional development. The problem that occurs is the absence

of a standardized format of the grand design of investment, both in West Java or Indonesia.

Many double standards or policies applied between one region and another differently so

confusing even made into dissuade investors to invest in Indonesia. Preparation of investment

cooperation policy in West Java is certainly not out of the existing corridor signs. Some

references staples like; West Java Provincial Regulation No. 21 of 2011 on investment; or the

West Java Governor Regulation No. 80 of 2013 on the general plan of capital investment in

West Java province. Thus, policy making investment cooperation, has a clear technical guide

because it has no line of policy and legal law. The purpose of this study was to overcome the

problem of investment and investment in West Java because there are no specific guidelines

made by the region. So this led to the existence of a double standard on the part of investors

and local. grand format design investment cooperation can be used as a reference for the

Agency for Investment and Promotion Coordination West Java as well as the investors in the

country and abroad.

Keywords: Investment, Grand design, Jawa Barat



AICSP Page 34


The Influence of Corporate Social Responsibility Disclosure to Financial Performance in Indonesian Mining Companies

Anisa Wulandari1, Elva Nuraina2, and Purweni Widhianningrum3

123Accounting Education Departement, IKIP PGRI Madiun, Madiun, Indonesia


Abstract This study aims to examine the influence of corporate social responsibility disclosure to

financial performance in Indonesian mining companies. The population in this study are all

mining companies that member of Indonesia Stock Exchange during three years. The

samples are 11 companies that eliminated using purposive sampling. The analysis methods

are using multiple regression analysis. The results showed that coporate social responsibility

disclosure has no effect to return on investment. This can be caused by the majority of

Indonesian mining companies are still depend on foreign investment, and this could be one

reason why our social and environmental responsibility laws can not be enforced. Besides

that, the regulation of social and environmental responsibility did not clearly indicate the

amount of fines to be paid, sanctions and penalties for those who commit violations.

Keywords: Corporate social responsibility, return on investment financial performance, and mining companies.



AICSP Page 35


The Influence of Return on Assets (ROA) on Stock Return

with Dividend Pay out Ratio (DPR) as Moderating (Empirical Study on Manufacturing Company Listed in

Indonesia Stock Exchange Period 2011 -2013)

Bagus Dwi Satyaningprang1, Isharijadi2, Nik Amah3

123Accounting Education Departement of IKIP PGRI Madiun, Madiun, Indonesia [email protected], [email protected]

Abstract

This study aimed to examine the influence of ROA on stock return with the Dividend pay out

ratio as a moderating variable on manufacturing companies listed in Indonesia Stock

Exchange period 2011-2013. This study population is manufacturing companies listed in

Indonesia Stock Exchange. The sample in this study amounted to 28 manufacturing

companies during the period 2011 - 2013. Sampling technique uses purposive sampling. The

analytical tool used in this study is simple linear regression analysis and Moderated

Regression Analysis (MRA). Based on the results of simple linear regression analysis

significance value of 0,010 which means that the variable (Return On Assets) ROA positive

and significant effect on stock return then H1 accepted. Based on the test Moderated

Regression Analysis (MRA) obtained significant value 1 which is the product of interaction

between the variables x and z variables for 0,182 it can be concluded that the interaction

between the ROA and the House has no effect on stock returns. This means that the Dividend

pay out ratio is not moderating variable and can’t strengthen the relationship with stock

returns ROA then H2 was rejected.

Keywords: Return On Assets (ROA) , Return, Dividend Pay out Ratio (DPR), moderating



AICSP Page 36


The Influence of Corporate Resources and Value Creation

on Business Performance: a Research on Rural Bank Owned City District Government of West Java and Banten

Iwa Karniwa1, Sucherly2, and Ernie Tisnawati Sule3

123Faculty of Economics & Business,Padjadjaran University,Bandung-Indonesia [email protected], [email protected], [email protected]

Abstract

The Services Industries of Rural Bank in Banten and West Java are facing problems of poor

business performance due to the value creation which is not optimally running and a low

ownership of corporate resources. Research objectives are to obtain the results of a study of

the influence of corporate resources and the value creation on the business performance in

banking service industries of Rural Banks in Banten and West Java. The method used are

descriptive and explanatory survey. The unit of analysis is companies of Rural Banks in

Banten and West Java. Time horizon in is cross-sectional, where the study was conducted in

one time simultaneously.. Data were analyzed using descriptive and quantitative. Hypothesis

testing was utilized by PLS model (Partial Least Square). The research findings has revealed

that the management of Rural Banks in Banten and West Java, not yet have sufficient

resources and have not developed a good value creation for improving business performance.

There is a simultaneous influence of corporate resources and the value creation on the

business performance. The influence of value creation was more dominant than the corporate

resources in improving business performance.

Key Word: Corporate Resources, Value Creation, Business Performance




AICSP Page 37


Qualitative and Quantitative Analysis of ASEAN Free Trade Agreement: An Approach of Global Trade Analysis Project

(GTAP) Model

Ana Shohibul Manshur Al Ahmad1 and Mulyadi2

Department of Economics Development, University Sebelas Maret Indonesia [email protected], [email protected]

Abstract

The wave of regionalism (Regional Trade Agreement-RTA) in the form of free trade and preferential trading agreement (PTA) has been growing rapidly after 1990. ASEAN as a form of regionalism in South East Asia area has established a Free Trade Agreement (FTA), both internally and externally. The purpose of this study is to analyze both qualitatively and quantitatively of the effect of free trade cooperation in the ASEAN formation + 5 FTA (AJFTA, AIFTA, ACFTA, AKFTA, and AANZFTA). Quantitative analysis in this study used Computable General Equilibrium (CGE) model with Global Trade Analysis Project (GTAP) approach. The simulation in this study covers partial and full liberalization. Free trade cooperation among ASEAN members with Japan, India, China, Korea, Australia, and New Zealand in the schema ASEAN + 5 FTA, provides bigger benefits in full liberalization scenario for all regions, except Cambodia and Australia-New Zealand. The formation of ASEAN + 5 FTA has formed a trade creation in the form of less efficient domestic production transfer, which is replaced by more effective import among FTA member countries. Welfare, real Gross Domestic Product (GDP), international trade, and the investment of all countries joined in ASEAN + five FTA has increased. India is a country which experiences the highest increase in welfare, while Vietnam experiences the highest increase in real GDP, international trade, and direct investment. In the sectoral analysis, partner countries’ balance of trade (Japan, India, China, Korea, Australia, and New Zealand) compared to ASEAN member countries balance of trade, the condition is better than the vice versa. The effect of resources usage allocation (land, labor, and capital) for ASEAN countries is more focused on the sector of agriculture product, food, textile, and some extractive industries and technologies, while for the partner countries is more focused on heavy industry, technology, equipment, construction, and services. Keywords: Regionalism, FTA, ASEAN + 5 FTA, GTAP,



AICSP Page 38


Creative Accounting Model for Increasing Banking

Industries’ Competitive Advantage In Indonesia

Supriyati1 and Erida Herlina2

STIE Perbanas Surabaya, Surabaya, Indonesia [email protected]; [email protected]

Abstract

Bank Indonesia demands that the national banks should improve their transparency of

financial condition and performance for public in line with the development of their products

and activities. Furthermore, the banks’ financial statements for Bank Indonesia has become

the basis for determining the status of their soundness. In fact, they tend to practice earning

management in order that they can meet the criteria required by Bank Indonesia. For internal

purposes, the initiative of earning management has a positive impact on the performance of

management. However, for the users of financial statements, it may differ, for example for

the value of company, length of time the financial audit, and other aspects of tax evasion by

the banks. This study tries to find out 1) the effect of GCG on Earnings Management, 2) the

effect of earning management on Company value, the Audit Report Lag, and Taxation, and 3)

the effect of Audit Report Lag on Corporate Value and Taxation. This is a quantitative

research with the data collected from the bank financial statements, GCG implementation

report, and the banks’ annual reports of 2003-2013. There were 41 banks taken using

purposive sampling, as listed on the Indonesia Stock Exchange. The results showed that the

implementation of GCG affects the occurrence of earning management. Accounting policy

flexibility through earning management is expected to affect the length of the audit process

and the accuracy of the financial statement presentation on public side. In the long term,

earning management is expected to improve the banks’ competitiveness through an increase

in the value of the company. Explicitly, earning management also affects the tax avoidance;

therefore, the banks intend to pay lower taxes without breaking the existing legislation

Taxation Provisions.

Keywords: Good Corporate Governance (GCG), earning management, Audit Report lag, Company value, and tax avoidance.



AICSP Page 39


Root Cause Analysis of Suka Mulya Cooperative Closedown

by Using Current Reality Tree

Itsnaini Fathu Rahmah1 and Santi Novani2

1School of Business and Management, Bandung Institute of Technology, Bandung, Indonesia [email protected], [email protected]

Abstract

Cooperative serves to develop SMEs, while SMEs contribute in national economy and labor

absorption. In 2003, there were 42.4 SME units able to absorb 79.03 million workers, but the

irony is many Cooperatives were closed and could not develop SMEs, including Suka Mulya

Cooperative which has 57 SMEs in 2002 and the remaining 33 units SMEs in 2003. The

cooperative was not able to help the craftsmen who at that time go to bankrupt. Seeing this

problem researchers intend to examine the root causes that lead Suka Mulya Cooperative to

be closed down, moreover Suka Mulya is the second larger doll producer in Bandung after

Sayati, but it was the first Cooperative of doll craftsmen was built there. Primary data were

obtained from in-depth interviews with the stakeholders. Situational Appraisal at Kepner

Tregoe theory used to describe the problem at that time, Current Reality Tree theory is used

to find the root causes, and Conflict Resolution Diagram is used to find solutions to the core

problems that are found.

Keywords: Cooperatives, Root Cause Analysis, the Current Reality Tree, Conflict Resolution Diagram.



AICSP Page 40


Development of Office Administration Education Bachelor

Program Lecturers’ IQF-based Competencies

Ign. Wagimin1, Wiedy Murtini2, Hery Sawiji3, and Anton Subarno4

1234Universitas Sebelas Maret, Surakarta Indonesia

[email protected], [email protected], [email protected], [email protected]

Abstract

The objective of this research is to investigate the opportunity and need in developing the

Office Administration Education Bachelor Program lecturers’ competencies in accordance

with educational backgrounds and expertises owned by each lecturer. This research used the

quantitative descriptive research design. The data of research consisted of primary and

secondary ones. They were collected through questionnaire, interview, and literature review.

To improve the Office Administration Education Bachelor Program lecturers’ competencies

associated with the Indonesian Qualification Framework (IQF), it is necessary to specify the

lecturers with certain competencies which are mastered through education and training. With

the existence of the lecturers’ specifications, it is expected that the Office Administration

Education Bachelor Program lecturers will be more competent in their field. The

specifications that have been met include Office Administration, Business Administration,

Management, Educational Research and Evaluation, Learning Technology, Information and

Computer Technology, Technological and Vocational Education, and Communication.

Meanwhile, the unmet ones include mastery of foreign language, learning media, learning

strategy, accounting, office administration, and entrepreneurship.

Keywords: Competencies, lecturers’ specifications, IQF





AICEDC Page 41


Malaysian Tourism Product Marketing

to Middle East countries

Azhar Harun1, Abd. Rahim Anuar2, Rohana Yusof3, and Suria Saniwa4

1234School of Government, COLGIS, Universiti Utara Malaysia, Kedah, Malaysia

[email protected]

Abstract This study was aimed to identify the strategies and marketing effectiveness of Malaysian tourism products to Middle East countries. The general objectives of this study are to identify the strategies of tourism products in Malaysia and its marketing to Middle East countries. They are as the following: (i) to identify the strategies in attracting tourists from the Middle East countries to Malaysia and (ii) to study how the tourists in Malaysia are effective for the Malaysian economy. It was conducted within a quantitative method using questionnaires and observation techniques for collecting some data related to the hypotheses of this study. These data then were processed into the form of descriptive output that together with T-test and correlation outputs. This study has found that a lot of tourism products affecting the influx of tourists from Middle East countries to Malaysia. These products include agro-based tourism and homestays, tourism eco-tourism, Islamic cultural tourism and Malay heritage. Furthermore, Malaysian natural environments are also some important factors for the tourists from the Middle East countries attraction to Malaysia. These factors are such as beautiful scenery, beaches, blue and comfortable atmosphere. In addition, we also found in Malaysia that many interesting places which can attract tourists from the Middle East countries to visit Malaysia, those places include Penang, Malacca, Sabah and Sarawak. And, through tourism products, Malaysia may increase its national income from foreign exchanges. Moreover, this study has also found that the promotion of Malaysia Tourism Ministry in the Middle East countries is playing a very important role in influencing the tourists to Malaysia. It’s clearly seen that the tourism products which marketing to the Middle East countries can increase the number of tourists to Malaysia. However, other than the brand of beautiful natural surroundings and a peaceful country that tourists from the Middle East countries come to Malaysia, there are also some impacts of those tourists who are targeting to Malaysia, some of the impacts include business dealings and personal matters as the examples. Keywords: tourism products, Middle East countries, Islamic cultural tourism.


AICEDC Page 42


The Model of Economic Growth and Shift Share Analysis

in East Java Province, Indonesia

Wiwin Priana Primandhana1, Dewi Khrisna Sawitri2, and Ira Wikartika3

123Faculty of Economics and Business, UPN Veteran Jawa Timur, Indonesia

Abstract

Regional development is the motor of national development because without the support of

the areas the national development will be difficult to achieve. As well as the motto of

national development, the regional development has a motto “The regional development is

not only for the region, but it is also from the region itself”. So regional development is the

extractof innovation and combination of the area itself for the achievement of togetherness

progress and prosperity.One indicator of the achievedregional development is the economic

growth which continues to increase significantly. This means that economic growth can

continue to increase along with improvements that exist in the driving sectors of the

economy. The success of regional development are also assessed from the ability of the area

to meet the community needs and to develop all the existing potential. Each region has a

different potential, it can be seen from the advantages of each sector of the economy. Of

course,as there is the diversity of the existing character of the area then there are alsosome

advantages of different economic sectors. For instance,in Bangkalan, the visible dominant

sector is agricultural sector, but it will be different to compare with the agricultural sector in

Surabaya which tends to grow slowly. This proves that the potential of each region is indeed

different. Thisresearch showedin general details regarding with the potential areas of East

Java. It examinedthe economic growth sectors using the Shift Share analysis and the typology

of each region in East Java which consists of 38 regencies and cities.

Keywords: economic growth, regional development, shift share

AICEDC Page 43


Food Commodities Trading Phenomenon

in Central Java Province

Harini1, Yunastiti Purwaningsih2, Malik Cahyadin3, and Emi Widiyanti4

1234PSP LPPM, Universitas Sebelas Maret, Surakarta, Indonesia [email protected], [email protected], [email protected],

[email protected]

Abstract

This study aims to analyse food commodities trading and pattern in Central Java Province.

Data uses primary data. It was obtained from survey to 350 sellers in traditional markets of

Central Java Region. Research methods involve descriptive qualitative and statistics, and

SWOT analyse. Food commodities in this research are rice, fruits, chicken, beef, fish, corn,

soybean, vegetable, egg, and tuber. Research results show that food commodities trading

were employed through three types. Respondents inform that they face problems both buying

and selling of food commodities. The problem on buying of food commodities involves

supply of crops from farmers, climate change, and price fluctuation. The problem on selling

of food commodities involves number of buyer, and durable goods. And then, they inform

that selling prices decision was driven by several factors such as transportation cost, number

of buyer, and profit. The regions as suppliers of food commodities involve Central Java, East,

Java, West Java, and import. Meanwhile, all food commodities were demanded by all

consumers in Central Java region.

Keywords: food trading, distribution channel, SWOT





AICEDC Page 44


Manufacturing Industry Development and Phenomenon in Indonesia and Singapore: Lessons for Policy Makers

Siti Aisyah Tri Rahayu1 Lukman Hakim2 Malik Cahyadin3

123Faculty of Economics and Business, Universitas Sebelas Maret, Surakarta, Indonesia

[email protected], [email protected], [email protected]

Abstract This study aims to describe manufacturing development and relationship of industry

indicators in Indonesia and Singapore. It uses secondary data from statistics institutions in

Indonesia and Singapore. Research data involves number of manufacturing industry, number

of labour, and output. The period of research is year 2005 – 2012. It was taken in the

condition of stabilize economy in the two countries. Research methods involve descriptive

statistics and correlation test. The research result shows that the development of

manufacturing industry tends to increase, and there are a correlation and causal between

business indicators. This gives a positive signal for the business and government. The

government of Indonesia can take an insight from the development of manufacturing industry

in Singapore. And then, the government of Indonesia can support business cooperation with

the manufacturing industry in Singapore. The business cooperation involves main technology

and expert. Meanwhile, the manufacturing industry in Indonesia can be driven to increase

export of commodity.

Keywords: Manufacturing industry, GDP, worker, correlation




AICEDC Page 45


Explanatory Factors of Commercial Banks Efficiency

in Indonesia

Jaelani1, Suparno2, and Djoko Pitoyo3

Sekolah Pascasarjana Universitas Pendidikan Indonesia, Bandung, Indonesia

Abstract

The purpose of the study is to analyze the explanatory factors that affect the efficiency of

commercial banks in Indonesia. Banking efficiency is very interesting because banks have a

strategic role in financing the economy. However, the objective conditions of banking

efficiency are still low. It is shown that the BOPO and NIM indicators tend to rise. The

research using full sampling, which covers the Commercial Bank in 2009-2013, used

financial statements data published by Bank of BI—GDP data from the BPS. The analysis

used two-stage procedures. First, it measured the efficiency of commercial banks using DEA.

Second, it used Tobit regression models to examine the explanatory factors of bank

efficiency. The input variables consist of DPK, Fixed Assets, and Labor. The output variables

consist of Productive Assets, Interest Income, and feebased income. The efficiency

explanatory factors used Loan to Deposit Ratio (LDR), Non Performing Loan (NPL), net

interest margin (NIM) and Gross Domestic Pruduct (GDP). The results of research show the

level of banking efficiency is still low. However, commercial banks have the potential to

increase their outputs. The findings of empirical testing explanatory factors to the efficiency

of Commercial Bank, for variable LDR, NIM and GDP significantly affect the efficiency of

commercial banks, but NPL did not significantly affect the bank efeciency. For the

implications in the management practice, it suggested that the level of efficiency can be

improved by optimizing the implementation of financial intermediation both by optimizing

the selective credit expansion and by creating a level of GDP which is conducive to business

bank by monetary authorities. Therefore, the banking has high competitiveness in ASEAN

regional.

Keywords: Efficiency of Commercial Banks, Explanatory Factors, Data Envelopment Analysis (DEA), and Tobit regression models

AICEDC Page 46


Indonesia’s Opportunity to Develop Maritime Potency:

Utilizing Chairmanship in IORA 2015

Septyanto Galan Prakoso1 and Aditya Very Cleverina2

1 Department of International Relations, Faculty of Social and Political Sciences, Universitas Sebelas Maret, Surakarta, Indonesia


Abstract

A promising momentum arrives in 2015 where Indonesia is set to chair IORA (Indian Ocean

Rim Association), an organization which united nations with direct access to Indian Ocean.

This opportunity obviously aligns with a new focus of Indonesia to become a global maritime

fulcrum, declared by Joko Widodo as the new President. Therefore, Indonesia must optimize

its maritime potency and excavate its economy potentials. As a matter of fact, some

progressive development agenda to reconstruct the country’s maritime identity and excavate

its economy potentials have been done recently. Considering IORA's status as the only

regional forum which has the capability to manage Indian Ocean area, Indonesia as the

biggest archipelago country should never missed a chance on leading IORA in order to build

a strong partnership and cooperation between its members, and also to use the advantages for

the good. By actuating this condition, Indonesia has a chance to get two advantages: in the

domestic level, a significant progress in maritime sector of economic development can be

achieved; while in the international level, this condition can be taken as a shortcut to propose

the idea of Indonesia’s vision to international community in order to boost Indonesia's

bargaining position in the international maritime issues. This paper will use qualitative

descriptive method to analyze Indonesia's opportunity to become a global maritime fulcrum

by developing its maritime potency, the efforts which have and have not yet done to achieve

it, IORA's importance, and the utilization of IORA's chairmanship to achieve Indonesia's

objectives.

Keywords: Development, Maritime Potency, Indian Ocean Rim Association, Chairmanship, Indonesia



AICEDC Page 47


Impact of Foreign Debt and Per Capita Income on Corruption:

Case Study in Asia

Agustinus Suryantoro1, A.M. Soesilo2, and Supriyono3



Abstract

At the international Confference in Brussel on March, 14th, 2007, President Director of

World Bank, Paul Wolfowitz said that the biggest obstacle of development in developing

countries is high rate of corruption (Gjelten,2012). By corruption, government couldn’t work

optimally. The aims of this research were to analyze impact of foreign debt and per capita

income on the rate of corruption in Asia countries. From this research, government could

make policy to reduce corruption so development in developing countries optimally done.

Model of analysis of this research is regression analysis. This model could estimate parameter

exactly (unbiased parameter) (Gujarati, 2010). Policy made on this research can be

responsibly. The results of this research are shown that corruption influenced per capita

income and not on foreign debt. Even foreign debt statistically insignificant on corruption,

but there was tending that higher debt of the country higher of corruption. To reduced

corruption, government can make policy to improve welfare and use foreign debt effectively

and efficiently.

Keyword: Corruption, Foreign Debt, Per Capita Income, Welfare.



AICEDC Page 48


Spatial Analysis of Disparities in Banyumas Regency

Based on Socio-Economic and Infrastructure Indicators

Kikin Windhani1, Fajar Hardoyono2, Sudjarwanto1, and Hary Pudjianto1

1Department of Economics Development, Faculty of Economics and Business, Jenderal Soedirman University, Purwokerto, Indonesia

[email protected]

2Department of Madrasah Education, Faculty of Tarbiya and Teaching Science, State Institute on Islamic Studies-IAIN Purwokerto

[email protected]

Abstract

Since 1968, socio-economic and infrastructure development focused on the accessible region such as urban and suburban area. Rural, rim-land, coastal area, highland and isolated area were still ignored in national development priorities by the central and local government. This paper discusses the spatial analysis of disparities in Banyumas Regency, Central Java, based on indicators of socio-economic and infrastructure. We have collected data by doing a survey in 27 sub-districts in Banyumas Regency. Disparities in socio-economic development and infrastructure were measured using 14 variables, i.e. unemployment rate, consumer price index, wage index, poverty index, quality of life, quality of health, quality of education, criminal rate, quality of roadway, public transportation accessibility, quantity of traditional market, quantity of bridge, and the quantity of public school building. Multivariate statistical analyses based on principal component analysis (PCA) and hierarchical cluster analyses (HCA) were used to analyze the disparities. The analysis on 14 socio-economic parameter shows that unemployment rate, poverty index, quality of health, and quality of education are the main contributor for socio-economic and infrastructure disparity. Ajibarang, Gumelar, Cilongok and Rawalo had still a classic problem in economic development due to being the pockets of unemployment and poverty in Banyumas Regency. Based on social indicators, 6 sub-districts including Gumelar, Karanglewas, Lumbir, Pekuncen, Somagede, and Tambak should be more attention by local government due to a high percentage of poor people to access medical and health facilities. In addition, the ratio of people who are able to access higher education in Jatilawang, Purwojati and Wangon was still less than 10%. There were no significance disparities in infrastructure indicator because the infrastructure has been developed equally in all sub-districts in Banyumas Regency. Keywords: spatial disparities, socio-economic development, infrastructure, multivariate analyses



AICEDC Page 49


Sustainability in the Mining Town:

Does the Ghost Town is Real?

Sulistiyohadi1, Moersidik2, Suparmoko3

1)Environmental Science, Postgraduate Program, Indonesia University, Jakarta, Indonesia [email protected], [email protected], [email protected]

Abstract

Coal booming in the last ten years, made the mining industry as the backbone of the mining

town. This study aims to assess sustainability at Berau and Paser District in East Kalimantan

Province as a mining town, where in 2024 the mining industry will enter the stage of post-

mining. Sustainability cities assessed by comparison of GDP sectors making up the structure

of the economy. The methodology is made by depth interviews with stakeholders such as

Regent, mining manager and community leaders. The results showed that Berau and Paser as

mining town did not sustain and failed to perform the transformation of non-renewable

natural resources to empower the human resources. In last five years the quality of Berau

people more than 60% graduated from junior high school. It is not enough to make the

growth sustainability. Human interaction from the outside as the miners had formed

multiplier economic effect, where it was fosters social and economic interaction higher than

socio-economic interaction between the local residents. Migrating miners will reduce

economic rents that have been built since 1993. The potential for a real ghost town will occur

after the end of mining activities, although that conditions ghost town in Paser and Berau's

not like in America and Europe. This condition would make the collapse of economics

interaction that has been built over the years.

Keywords: mining town, ghost town, sustainability, Berau, Paser.




AICEDC Page 50


The Effect of the Entrepreneurial Competence Towards Small Business Performance: Case Study of Small Business of the

Crafts Products in Tasikmalaya West Java

Harun Heri Trismiyanto1, Djoko Pitoyo2, Tuti Sulastri3

1Doctoral Student of Management Sciences Program, Faculty of Economics and Business,

Padjadjaran University, Bandung, Indonesia [email protected],

2Sangga Buana University Bandung, Bandung, Indonesia

[email protected]

3Politeknik Komputer Niaga LPKIA Bandung, Bandung, Indonesia

Abstract This study aims to determine the effect on the small business performance of entrepreneurial

competencies is a case study of small business operators of craft products in Tasikmalaya,

West Java. The number of respondents sampled are 50 employers. Determination of the

sample is using simple random technique. Data were analyzed using correlation analysis

method and terminated. Data processing using SPSS 16:00. The results showed there is a

strong positive relationship between competence and significant entrepreneurial small

business performance. This study is expected to determine the appropriate strategy for local

government in an effort to improve the performance of small businesses in the craft products

in Tasikmalaya, West Java.

Keywords: Entrepreneur Competence, Small Business Performance



AICEDC Page 51


Inflation and Economic Growth in Indonesian

During 1970 - 2013

Sugeng Setyadi1 and Tetuko Rawidyo Putro2

1Sultan Ageng Tirtayasa University, Serang, Indonesia [email protected]


[email protected]

Abstract A sustained high growth rate of output and low inflation are the two main goals of the majority of macroeconomic policies. Price stability is a key factor in determining the growth rate of an economy; hence, the central banks of many countries implement monetary policy to maintain inflation at a desirable rate. Very high inflation affects the economy drastically, but there is some evidence that moderate inflation also slows down growth (Temple, 2000 cited from Little et al., 1993). In addition, Aiyagari (1990), as well as Cooley and Hansen, 1991, suggest that the cost of lowering inflation toward zero is higher than the benefit. The question relating to the effects of inflation on economic growth is a subject of intense interest and debate in the literature (see e.g. Gillman and Kejak, 2005). The results of existing research have been mixed and studies can be categorized as making one of some possible predictions. The first of these is that inflation has no effect on economic growth (e.g., Cameron, Hum, & Simpson, 1996; Dorrance, 1963; Sidrauski, 1967). The second is that there is a positive relationship between inflation and economic growth (e.g., Mallik and Chowdhury, 2001; Shi, 1999; Tobin, 1965). The third is that inflation has a negative effect on growth (e.g., Andres and Hemando, 1997; Barro, 1996; De Gregorio, 1992; Friedman, 1956; Gylfason, 1991, 1998; Saeed, 2007; Stockman, 1981). The methodology used in this research is using granger causality test by inserting variable changes in the economic structure that is the economic crisis in 1997. Research suggests that there is no relationship of mutual influence between the rate of inflation on economic growth in Indonesia and as well as variable economic crisis does not have a direct impact on both variables. This shows that in Indonesia occurred classical dychotomy. Keywords: Inflation, growth, Indonesian, Granger causality



AICEDC Page 52


The Relationship Between the Socio-Economic Profile and

Perception of Smallholders Towards Empowerment Program in Tanjung Jabung Barat, Jambi, Indonesia

Novyandra Ilham Bahtera1 and Fatimah Mohamed Arshad2

12Institute of Agriculture and Food Policy Studies, Universiti Putra Malaysia,

Putra Infoport, Selangor, Malaysia [email protected], [email protected]

Abstract

Empowerment is one of the means of improving farmers’ bargaining position and hence their

skills to improve their well-being. The study examines the association between socio-

economic profile of the farmers and their perception towards empowerment program

provided by one of the local NGOs named Yayasan Setara Jambi. Indeed, this study used the

relationship of respondents’ background such as age, education, monthly income, year

experience on oil palm plantation, and farming size on their perception towards

empowerment program. Structured questionnaire and face-to-face data collection methods

were employed to obtain the primary data from 194 oil palm smallholders in Tanjung Jabung

Barat, Jambi Province, Indonesia. The result of study showed that among the socio-economic

variables, only monthly income and farming size had the significant relationship on

perception of farmers towards empowerment program. In order to be empowered, farmers

should have higher productivity from day to day which later on it can affect their monthly

income from the selling of fresh fruit bunches. These results are useful input to the

government as well as institutions that are responsible in providing empowerment program to

the smallholders.

Keywords: Empowerment, perception, farmers, and NGO.



AICEDC Page 53


The Poverty Alleviation for Sustainable Economic

Development in Nigeria: Issues and Challenges

Rayyanu Abdulkarim Kaita1

1Faculty of Administration and Management Studies, Hassan Usman Katsina Polytechnic Katsina State, Nigeria

[email protected]

Abstract Nigeria being the most populace black nation on earth is marred with issues of poverty

problems, ranging from political, Economical, social, and moral vices. It is the purpose of the

paper to address this burning issues of poverty that affect the general economic wellbeing of

Nigeria and indeed of most developing economies. Poverty alleviation is a very sensitive

national issue. So sensitive that those social, economic, political and moral vices that ruined

election in developing nations originate from it and those problems could only be eradicated

when poverty is cured. Poverty ridden nations more often do not withstand the challenge of

false implementation of survival skills(s). Eradication of poverty must be seen as a means of

sustaining enduring democracy and good governance as poverty must be seen as a means of

sustaining enduring democracy as poverty is the major bane to developing nations, inability

to forestall democracy and good governance. This paper discusses issues of why democracies

and good governance had failed in poverty ridden nations, sees poverty alleviation as a

challenge to constituted authorities and suggest strategies to be adopted to achieve poverty

alleviation in a democratic Nigerian society and the developing world. Therefore Nigeria

needs to develop sustainable long term plans that will reduce the impact of poverty. The

researcher adopted discursive approach in order to explain the write up of the paper.

Keywords: poverty, sustainability, democracy and good-governance.


AICEDC Page 54


Model Mapping the Potential to Independence Fiscal

in East Java

Niniek Imaningsih1 and Ning Siti Farida2

12Faculty of Economics and Business, UPN Veteran Jawa Timur, Indonesia

Abstract

With the advent of Law No. 1999, which regulates 22 perlimpahan authority and

responsibility from central government to local government and UUNo.25 1999 that regulates

the financial pierimbangan between the center and regions, especially in the District cities in

East Java with menggembangkan local resources and reduce the dependence of the center.

This study aims to determine the independence of Regency City in East Java in the field of

local finance analysis used is qualitative analysis, which explains its analysis in the

description or in the form of sentences and quantitative analysis, namely analysis using

formulas and analyzes for sure. Quantitative analysis includes the analysis of the degree of

fiscal decentralization untu determine the level of independence of regional and sectoral

economic potential in regencies cities in East Java in order to determine the level of fiscal

independence and economic potential of the region. Results are expected to be used

mengethui pattern of relationship between the central government and the government at the

districtcity in East Java as well as the formula right policy for the future economic

development. From this research area adjacent to Surabaya As Sioiarjo District Lamongan

Gresik regency and municipality Kediri is an area with a large PAD so that it can be said that

the area with the industrial sector was the region with fiscal autonomy

Keywords: PAD, Region Income Original

AICEDC Page 55


The Effects of BI Rate, Inflation, and Exchange Rate to

Government Bond Price 2011.01 – 2014.12: Error Correction Model Approach

Miranti Rizki Amalia1 and Siti Aisyah Tri Rahayu2



Abstract This study aims to analyze the effect of BI Rate, inflation, and exchange rate RupiahDollar to

the government bond price type FR0054. This research using time series data, these data are

monthly from January 2011 to December 2014. This research using Error Correction Model

Engle-Granger (ECM-EG) method. The results show that in the short-term and long-term BI

rate has negative and significant effect to government bond price. Inflation has no significant

effect to government bond price in the short-term, but has a significant negative effect to

government bond price in the long-term. There is no significant relationship between

exchange rate and government bond price in the short-term. In the long-term exchange rate

has positive and significant effect to government bond price. The implication of this research

is government together with Bank Indonesia is expected to always keep the stability of

interest rates and comodity prices inside the country because those things can affect people in

investing, including investments of government bonds. Government bonds could be an option

as a fixed-income investments, especially government bonds denominated in Rupiah.

Keywords: Government Bond Price, BI Rate, Inflation, Exchange Rate, ECM-EG.



AICEDC Page 56


Gold Standard: The History and Impact on Economy

(Historical Study Implementation Gold Standard Other than the Monetary Standards and Implementation Challenges and

Opportunities in the Global Economy)

Ajeng Faizah Nima Ilma1, Vita Kartika Sari2, Bhimo Rizky Samudro3, and Siti Aisyah Tri Rahayu4

1234Economic Faculty, Universitas Sebelas Maret, Surakarta, Indonesia

[email protected]

Abstract This study aims to prove the historical use of the currency to the gold standard for later compare with a floating exchange rate monetary standard, to explain clearly the advantages and disadvantages of the use of the gold standard and to know the opportunities and challenges of the implementation of the gold standard in the economy. This research is qualitative descriptive analysis. Researchers seek to express criticism of the system of floating exchange rates compared to the gold standard system more stable. Floating exchange rate or floating exchange rates always have inflation, the real sector will always lag behind the monetary sector. The existence of the OIC or the OIC indicates that many countries who want a stable economy through the gold standard. The existence of compulsory reserve system allows doubling the money and interest system makes money is supposed to be a medium of exchange, being commodity. Opportunity used the standard currency of gold in very great. However, with the dollar as the currency of the most widely requested throughout the world will not be easy because of the advantages of printing dollars provide many benefits to the Fed. Classical gold standard had the lowest inflation rate. At the time of Bretton Woods, the real GDP per capita grew most rapidly, rather than another monetary system. Long-term interest rates the most stable during the classical gold standard system and a system of floating exchange rate of the most unstable. Short-term interest rates are at the most stable period of Bretton Woods. From here it can be said that the monetary system of any kind will be stable when standardized on gold, as in the classical gold standard system and the Bretton Woods system. This study suggests to change the world currency into dinar or dirham currency or currencies leaned back on gold. Bottom line is that the determination of the value of the currency is done with gold. Currency in circulation should be backed up with gold and silver. Keywords –gold standard, floating exchange rate, inflation, interest rate, Bretton Woods

AICEDC Page 57


Simultaneous Analysis of Financial Sector Development and Economic Growth in Indonesia and Malaysia (1995 - 2013)

Febrianto Endy Pratama1 and Siti Aisyah Tri Rahayu2

12Department of Economics, University of Sebelas Maret, Surakarta, Indonesia


Abstract

Economic growth and financial sector development are two very precise indicator used to look at a country's level of development. Each country will always strive to achieve the highest possible rate of economic growth so that the financial sector development will be able to synergize with high economic growth rates and the results of the financial sector can sustain the economic growth of a country. This research to analyze the long-term relationship role of financial sector development to economic growth in the Organization of Islamic Cooperation (OIC). Samples taken in this study is are Indonesia and Malaysia because these two countries are the country in the top 10 owners volume of gross domestic product (GDP) in most OIC countries. So the overall economic performance remains dependent on these two countries. However, these two countries despite having good economic record, have been unable to get into the top 10 countries with the fastest growth rate of GDP and the fastest export volume growth in OIC countries. Study that analyze the financial sector development to economic growth in Indonesia and Malaysia state using the simultaneous analysis of the two stage least square method in Indonesia and Malaysia in 1995 until 2013. The variables used in this study consisted of GDP, credit to private sector, stock prices index, industrial production, consumer price index, and interest rates are all derived from the data of world bank. This study shows that the financial sector development does not have a positive influence on economic growth both in Indonesia and Malaysia, because credit of private sector has significant influence but a negative influence on the economic growth of the Indonesian state and also does not have a significant effect on the state of Malaysia. So with this result the state government of Indonesia and Malaysia should be able to pay attention to the development of the financial sector given its influence on economic growth in the long term so that it can control the financial sector development. As well as set the consumer price index to increase private sector credit, which in turn could boost economic growth in Indonesia and Malaysia. Keyword: Economic Growth, Financial Sector Development, Simultaneous Analysis, Two Stage Least Square, Credit to Private Sector.



AICEDC Page 58


Customer Response Toward Out-of-Stock in Supermarket

Rina Arum Setyawati1

1School of Business and Management, Bandung Institute of Technology, Bandung, Indonesia

[email protected]

Abstract Retail industries starts to grow rapidly in Indonesia since 1999, but out-of-stock (OOS)

problem in retail store keeps unsolved. OOS describe the situation where customer cannot

find their desired product because it is stocked out. In marketing field, OOS situation has

been substantial interest to understand customer response when OOS situation occurred and

underlying factors that affect it. To improve quality retail stores in Indonesia, OOS situation

need to be reduced. This paper gives insight about how Indonesian market in Bandung City

respond to OOS situation, so retail stores and manufacturers be more aware that OOS

situation can cause them significant financial loss or not. Research model is adapted from

previous OOS studies with its influential factors. This study use hypothetical OOS to

Indonesian, after they finished shopping in Bandung City’s supermarket to fill in the

questionnaire. In this study revealed that product switch is the most common response while

store switch response has the lowest percentage. As product switch is the most common

response, OOS situation can be said that it not give high impact to brand manufacturer or the

retailer. It is also concluded that brand loyalty, alternative product within a brand, store

loyalty, buying urgency, shopping attitude, shopping time and product category are

significant factors that affect customer response toward OOS situation in supermarket.

Keywords: out-of-stock, customer behavior, retail


AICEDC Page 59


Consumer Purchase Intention Towards

Counterfeit Sporting Goods

Novi Septiana1

1Bandung Institute of Technology, Bandung, Indonesia [email protected]

Abstract

The purpose of this paper is to examine the factors that influence consumer purchase

intention towards counterfeit sporting goods in Bandung City. This paper using multi linear

regression to examine the consumer purchase intention. Purchase intention is dependent

variable, while the independent variables include three items which are attitude, subjective

norm and perceived behavioral control. These three independent variables reseacher adopt

from theory of planned behavioral variable by Ajzen in 1991 that used to predict intention.

Consumers (N=100) in Bandung City completed surveys and the results showed that attitude,

subjective norm and perceived behavioral control had a positive influence on purchase

intention. In term of correlation test, it is indicated that attitude and subjective norm

positively related to the intention to purchase, while perceived behavioral control negatively

related to intention to purchase. As the regression result, it shown that attitude, subjective

norm and perceived behavioral control collectively influences consumer purchase intention.

The most influence variable in order is attitude, subjective norm and perceived behavioral

control. The limitation of this findings is the value of adjusted R square that only 0,223 which

means the theory of planned behavior can explain only 22,3% of purchase intention and the

rest 77,7% can be explained by other variables.

Keywords: theory of planned behavior, purchase intention, counterfeit, multi linear regression.


AICEDC Page 60


The Impact of National Health Insurance Program

by Social Security Agency (BPJS) on Demand and Public Awareness of Health Insurance in Surakarta 2015

Nurul Istiqomah1


[email protected]

Abstract

This study aims to determine the impact of national health insurance program that is issued

by the Health Security Agency (BPJS) and to know the impact of national health insurance

program of the public awareness of Surakarta; and to determine the factors that influence

people's decision to make WTP of health insurance in Surakarta. Samples from this study

were community Surakarta. This research uses descriptive quantitative methods, a research

that combines information based on interviews, observations and using quantitative data for

analysis. This research using Simple Random Sampling, is a method to take sampling from

the populations without regard to strata and every members of populations have an equal

opportunity to be sampled. Logit regression to determine the factors that influence the WTP

for health insurance, and independent variables are incoem, age, education, marital status and

gender. Almost 82.5 % respondent awareness that have health insurance is important, but

only 20 % that have commercial health insurance, and nearly 62.5 % have health insurance

because it is obtained automatically based their job. 17.5 % people that don’t have health

insurance at all, wants to be as a participant in that program at the year of 2018 and 2019.

Only income and age that influential to the decision to purchase health insurance.

Keywords: Insurance, Health, Logit, Awareness


AICEDC Page 61


Accelerate Creative Economic in Surakarta Through

Enhancing Incomes of SMEs Based Economic Creative

Dwi Prasetyani1 and Atmasari Listuhayu 2

12Faculty of Economics and Business, Universitas Sebelas Maret, Surakarta, Indonesia [email protected], [email protected]

Abstract

Creative Economy in Surakarta in the last decade tend to have very rapid development. This

is because the potential of the city of Surakarta in terms of location, community and noble

culture. The number of actors in it are also increasing as the market niche created.. This study

aimed to analyze the influence of variable capital, working hours, number of workers, and

business experience to the income of Micro, Small and Medium Enterprises (SMEs) in

Surakarta. Furthermore, this study also aimed to see if the online promotion variables and

variable business experience related to the amount of revenue Micro, Small and Medium

Enterprises (SMEs). By using linear regression can be found that all variables simultaneously

influence on the income of SMEs, but partially only variable amount of capital and labor

variables that influence incomes. Furthermore, both online promotion and business

experience has interaction in strengthening SMEs rising incomes..

Keywords: Capital, Working hours, Promotion Online , Creative Economy.



AICEDC Page 62


The Effect of Financial and Non-Financial Information

on Underpricing Level

Adi Mohammad Zainuddin1 and Muh Juan Suam Toro2

1 2Faculty of Economics and Business, Universitas Sebelas Maret, Surakarta, Indonesia

Abstract

The purpose of this study was to examine the effects of financial information; return on

equity, debt to equity ratio and earning per share, and non-financial information; the age of

the company, underwriter reputation, the percentage of shares offered, the offer price, and the

crisis on the level of underpricing shares in the Indonesia Stock Exchange in 2009-2013.

Population of this research is the company doing an IPO and listed on the Indonesia Stock

Exchange from 2009 to 2013. The results showed that the financial information of return on

equity, debt to equity ratio and earning per share proved to have a significant effect on the

level of underpricing shares. As for non-financial information, only the life of the company

and the offer price significantly influence the level of underpricing shares.

Keyword: underpricing, IPO, financial information, non-financial information

AICEDC Page 63


Analysis of Carrying Capacity of the Environment

on the Integration of Livestock Farming on Dry Land of District Sragen, Central Java

Mugi Raharjo1, Yunastiti2, and Nurul Istiqomah3



Abstract

The objectives of this research are: examine the factors that define and locate patterns of

increasing environmental capacity in farm cropping in dryland livestock integration, examine

the factors that determine and find patterns in the productivity improvement intercropping

farming in dryland livestock integration, examine the factors that determine the efficiency

improvement and finding patterns in intercropped integration of livestock farming in dry

land. The research design used in this study is a Randomized Complete consisting of 2

factors: factor 1: integration of cattle and factor 2: cropping systems. Factor 1: integration of

cattle (I) which consists of 5 levels, namely: I0=no cattle integration (0 years), I1=1-year

integration of cattle, beef cattle I2=2 years of integration, the integration of cattle I3=3 year,

I4=4 years of cattle integration, integration cattle I5=5 years. Factor 2: cropping system (T)

consisting of three levels, namely: T1=monoculture cropping system with peanut plants,

T2=monoculture cropping systems with corn crops, T3=Cropping systems with groundnut

crop corn. The results showed increased soil fertility dignity of very low becomes high,

increase farm productivity, increase farm efficiency, increased farming efficiency,

environmental carrying capacity of the environment increases, the effectiveness of the farm

increases. The increase occurred in the level of income per capita land holdings on average 1

family (4 persons) 2,000 m2 4 tail Cattle Total income (per household per month): I0 Rp 724

574, - I5 Rp 3,393,552, - so that the farmers prosperous and sustainable agriculture

Keywords: carrying capacity of the environment, farming, intercropping, livestock integration, dry land



AICEDC Page 64


The Influence of Website Quality Towards Purchase Intention

Haryanto1


[email protected]

Abstract

The objective of this research was to examine the effect of website quality on purchase

intention. There was 5 dimensions constructed to measure the website quality that was

examined to attitude and purchase intention. Respondents of this research were citizens of

Surakarta that ever accessed the Lazada.co.id but did not buy in it yet. Furthermore, the

convenience sampling method was used to collect data. There were 160 participants

completing the questionnaire that was distributed by online and also offline. To examine the

hypotheses that have been formulated, SEM-GeSCA was implemented. The results showed

that firstly, website quality positively effects on purchase intention; secondly, website quality

positively effects on attitude; and finally, attitude positively influences purchase intention.

Moreover, website quality is a good predictor for attitude variable in online shopping.

Overall, the hypotheses that were examined in this research were not rejected. However, this

research faced the limitation that was discussed at the end of this paper.

Keywords: site quality, purchase intention, online shopping


Preface - PSEIpsei.lppm.uns.ac.id/files/2017/03/proceedings-icosec-2015-2nd...Clothing - Diah Nenik Hartanti . 21 . ... Savira Miranti and Anya Safira . 24 . ... - Bagus Dwi Satyaningprang

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