The rapid growth in fintech (financial technologies) companies is resulting in tougher competition in the banking industry. That is why banks should begin to improve their business model to meet the needs of borrowers. The objective of this paper is to evaluate the process of lending to borrowers and...

The purpose of this study is to analyze the beneficial owner interpretation used in the Supreme Court of the Republic of Indonesia’s decision Number 133/B/PK/PJK/2017, between PT PLN and DGT, and to assess the implications for Majapahit Holding BV’s funding by issuing global bonds. Many cases brought...

Rapid advancement in technology has brought about many life changes. Technology simplifies the way people do many things, and it saves time, energy, and cost. The financial sector, for instance, is characterized by the growth of financial technology. One example of this is crowd funding. Creative industries...

This study identifies potential fraud schemes, evaluates risk controls, and discusses anti-fraud strategies using a case study of the Directorate General of Taxes in Indonesia, conducted by exploring phenomena related to fraud risk in the scope of business processes. By using fraud triangle theory and...

The Republic of Indonesia’s government appoints certain business entities as Value Added Tax collectors (VAT), based on Regulation of the Minister of Finance of the Republic of Indonesia 37/PMK.03/2015. This creates problems for other companies, especially companies that are subsidiaries of certain business...

This study analyzes the phenomenon of cost stickiness (CS) by considering the impact of the level of organizational capital (OC) on sales, general, and administration (SG&A) expenses. OC reflects technologies and business processes that allow companies to optimize resources better than other companies....

The Audit Board of Indonesia’s (BPK’s) opinion is recognized as one of the assessments of the performance of state financial management performed by the Indonesian government, both from the central government and regional government. Government financial reports have different functions and characteristics...

This study aims to analyze Customer Relationship Management (CRM) through customer classification in a pharmaceutical product marketing company. The tools used to analyze CRM are Customer Profitability Analysis (CPA) and Customer Lifetime Value (CLV) methods. Unit analysis of this study is a branch office...

This paper analyzes the arm’s length range of transfer pricing transactions of PT Wijaya’s management services. One of the risks borne by PT Wijaya is the tax adjustment on management service transactions paid to related parties when they fail to fulfill the benefit test according to the arm’s length...

This paper provides an overview of the use of staffing assignments for the audit planning of non-profits and public institutions. This is a qualitative case study which results show that audit preparation has not been adequate because of the utilization and dissemination of non-optimal information. So,...

This research analyzes the accounting and calculation methods used in performing impairment on financing and aims to determine the accounting treatment used and the amount of impairment for each financing activities. The method used in this research is descriptive analysis. Data have been obtained through...

This study discusses the application of operational risk assessments, inventory management, and reputational risk of chip-based electronic money at KLM Bank. Chip-based electronic money is issued by KLM Bank to answer the challenges of disruptions. The purpose of this study is to understand the product’s...

Corruption within corporations has become an important issue in academic and public debate. This study examines the impact of political connections and the gender of executives on anti-corruption disclosures (ACD). Using a sample of 29 state-owned enterprises (SOEs) listed on the BEI (Indonesia Stock...

The purpose of this study is to assess the maturity of PT X’s fraud risk management program at the corporate level, compile a fraud risk assessment matrix by identifying possible fraud risk schemes, conduct fraud risk assessments (fraud risk assessment), and compile the Annual Supervision Work Program...

This study aims to investigate the difference in audit quality between the Public Accounting Firms (PAF) in Indonesia and the Audit Board of the Republic of Indonesia (BPK). We conducted a test using two sample groups of local governments from 2016 until 2018. The first group consists of local governments...

Sharia (Islamic) mutual funds, which are one of the securities that are categorized as socially responsible investment funds, are experiencing rapid growth in Indonesia. For this reason, it is necessary to study the strategies to invest in sharia mutual funds in Indonesia. This study uses three aspects...

This study empirically examines the choice of residence in reference to differences in income and evaluates how socio-economic characteristics affect the commute time of dual-worker couples. This study used data from the 2018 National Labor Force Survey (Sakernas). The sample used in this study was workers...

This study aims to identify the factors determining the tax morale of Micro, Small, and Medium Enterprises (MSME). The study is pertinent because MSME account for 60% of Indonesia’s GDP yet they contribute only 0.67% to tax revenue. One reason for this low level of tax revenue is low tax morale. Tax...

Microfinance and SMEs have significant roles as economic growth drivers. However, interest rate and credit availability for SMEs depend on various factors. This research tries to find the impact of having a relationship between the Microfinance Institution (MFI) and the borrowers as the deciding factor...

This study investigates the relationship between dimensions that exist in the customer-based brand equity (CBBE) concept in the context of an educational event, as well as to examine the relationship between event brand value and event brand loyalty, which is debated in the previous literature. In total,...

The present study analyzes career adaptability, promotability, career satisfaction, and their impact on career engagement. It also examines the mediation effect of promotability and career satisfaction on career engagement. The study was conducted in Supreme Audit Board of Indonesia on a sample of 298...

This study aims to estimate the Ad Valorem Equivalents (AVEs) of the 20 largest trading partner countries of Indonesia as a result of the implementation of the Non-Tariff Measures (NTMs), especially Sanitary Phytosanitary (SPS) and Technical Barrier to Trade (TBT) from 2007 to 2016. AVE can be interpreted...

This study aims to investigate the impact of loan diversification, market concentration, and the interaction effect of loan portfolio diversification and market concentration on banks’ stability in Indonesia. The observation includes 62 commercial banks from Indonesia with an annual data period of 2010–2017....

This study intends to analyze the effect of the level of nonperforming loans (NPL) on the lending behavior of banks in Indonesia. This study also seeks to understand whether other variables, such as bank capitalization and bank market power, influence the relationship between NPLs and lending behavior...

Crowdfunding has risen as a progressive financing model that enables small businesses to raise funds. In Malaysia, an equity crowdfunding platform has extended innovatively into the proposed property crowdfunding initiative tabled in the Budget 2019. This study was conducted to determine the factors...

The ASEAN–China Free Trade Agreement (ACFTA), a regional trade agreement signed in 2004, established free trade for goods among participating countries. The ACFTA removed tariffs on goods beginning in 2010 for trade between ASEAN and China. However, trade cooperation between ASEAN and China has been...

This study aims to analyze the effect of the presence of foreign banks on the access to bank services—in term of the number of automatic teller machines (ATMs), branch offices, and the allocation of credit distribution by banks—to micro, small, and medium enterprises (MSME) in Indonesia. We use data...

The influence of diversification decisions is still debated in several studies. Some studies highlight the positive impact of diversification on company performance. On the other hand, diversification has also been considered to have a negative impact on companies. The negative impacts from diversification...

Female Labor Force Participation Rate (LFPR) in Indonesia showed a plateau trend 20 years ago while economic growth was increasing positively. Since then, high Gross Regional Domestic Product (GRDP) (province level) has not been accompanied by high female LFPR although the Gender Development Index (GDI),...

Adverse workplace conditions, especially concerning the welfare of workers, can affect workers’ perceptions of the organization. If the company fails to address working conditions that can meet the basic needs of workers, the consequences are higher turnover intention through emotional exhaustion experienced...

Crowdfunding activities not only help initiators to obtain funding, but also to give the information valuation to the project initiators for minimizing product default risk in the market. This study investigated the Kickstarter platform as a resource in Singapore, Malaysia, Indonesia, Thailand, and Philippine...

This study analyzes the role of reward and reputation support on the performance of crowdfunding projects in BRICS countries. Ordinary least square is used as methodology research with 582 cross-sectional data from top three creative projects that were conducted on Kickstarter’s platform from 2009 to...

This study examines the effect of signaling and the social identity inherent in the project owner in determining the success factor of a crowdfunding project. The study is tested using 580 data from projects in Brazil, Russia, India, China, and South Africa (BRICS countries) during the period from 2012...

This study aims to determine the role of social capital and reward factor in the success of crowdfunding project fundraising in emerging markets during the period of January 2017 to February 2019. Using secondary and cross-section data from Kickstarter.com, representing projects from Brazil, Russia,...

Indonesia’s total fertility rate (TFR) was 2.4 in 2017, slightly lower than the 2002 rate of 2.6. In order to achieve a stable population growth, Indonesia needs to lower its fertility rate to the replacement level of TFR = 2.1. Studies have revealed that gender preferences regarding offspring are influential...

In the last decade, information and communications technology (ICT) has grown very rapidly. One of the most notable developments in ICT is the emergence of online commerce. The online commerce scene has gotten very crowded, very rapidly, and thus raised the level of competition. In the midst of it all,...

This paper aims to investigate whether increases in non-interest income activities result in higher profitability of banks operating in Indonesia and how they differ from groups of banks based on ownership status and asset quality. Our findings show that the relationship between income diversification...

This study examines the effect of environmental, social, and governance (ESG) performance on firm risk in South East Asia. The ESG performance is measured using the Thomson Reuter’s ESG Score, which is further classified into the ESG Score, the ESG Controversy Score, and the ESG Combined Score. The risk...

Micro-enterprises are the most dominant business type in Indonesia, and their growth leads our economy. However, according to various empirical studies in several developing countries, micro-enterprises still face difficulties in financial and market access. Therefore, this study discusses those factors...

This study determines the influence of internationalization on the performance of firms in Indonesia, Philippines, and Malaysia. This study also determines whether home country uncertainty and region of expansion strengthen relations between internationalization and firm performance. This study uses...

This research is motivated by the increasing demand for environmental, social, and governance (ESG) disclosure. This phenomenon raises questions as to whether this information is properly used and provides benefits to the company that published the disclosure. Several studies attempted to observe the...

This research investigates the informational effect of stock liquidity on dividend payouts in Indonesia from 2008 to 2017. Three dividend payout proxies are used: DVE (cash dividend scaled by earnings), DVC (cash dividend scaled by net operating cash flow), and DVP (the propensity for a dividend use...

This research aims to determine the effect of the information asymmetry related to a stock on the capital structure of firms in Indonesia from 2008 to 2017. In this research, five capital structure proxies are used: market leverage, book value of leverage, cost of debt, cost of equity, and the difference...

This study analyzes the application of Zakat Core Principles (ZCP) in zakat management in Lembaga Amil Zakat (LAZ) XYZ to determine its level of compliance with ZCP. Elaborating the compliance of zakat management in LAZ XYZ with ZCP serves as guidelines for LAZ XYZ to improve its effectiveness in zakat...

E-payment systems, also known as cashless payment systems, have gradually started to replace traditional payment systems. An e-wallet is an innovative cashless payment system that could make transactions more effective and efficient and could mitigate possible fraud risk in cash-based payment systems....