KARAKTERISTIK INDIVIDU DAN LINGKUNGAN KERJA TERHADAP PRESTASI KERJA KARYAWAN BANK SYARIAH
Program D-III Keuangan & Perbankan
Jl. Terusan Raya Dieng No.57 Malang 65146
Korespondensi dengan Penulis:
Erni Susana: Telp. +62 341 568 395, Fax.+62 341 580 558
Individual characteristic and working environment would affect the achievement, while the individual working achievement was the basic of organization working achievement. Management needed to pay attention on the individual characteristic and saw the working environment which was safe and promising organization so that employees or individual could work well in supporting employee’s working achievement. The objective of this research was to prove the effect of individual characteristic and working environment to the employee’s working achievement. The method used was double regression analysis. The result showed that F testwas 66,147 while Sig. = 0,000 < α = 0,05. It meant that individual characteristic variable and working simultaneously had significant effect to the variable of employee’s working achievement. The determinant coefficient result was 0,831. It meant the effect of individual characteristic and working environment to the employee’s working achievement was 0,831 or 83,1% while the rest was 0,169 or 16,9%. It was influenced by another variable out of the examined variable.
Key words: individual characteristic, working environment and employee’s working achievement
PERAN BANK SENTRAL DALAM
STABILITAS SISTEM KEUANGAN (SSK) DAN IMPLEMENTASI
JARING PENGAMAN SEKTOR KEUANGAN (JPSK)
STIE Perbanas Surabaya
Jl. Nginden Semolo No.36 Surabaya
Korespondensi dengan Penulis:
Suhartono: Telp. +62 31 594 7151, Fax.+62 31 599 2985
The government and Bank Indonesia developed a framework for the Draft Law on the Financial System Safety Net. The framework clearly specified the tasks and responsibilities of the relevant institutions involved in the operation of the Safety Net. In principle, the Ministry of Finance was responsible for drafting legislation for the financial sector and providing funds for crisis resolution. BI, the central bank, was responsible for safeguarding monetary stability, maintaining a sound banking system and ensuring the secure and robust operation of the payment system. The DIC (Deposit Insurance Corporation), on the other hand, had responsibility for guaranteeing bank customer deposits and resolution of problem banks. The Financial System Safety Net framework was set out in the Draft Law on the Financial System Safety Net, which was currently undergoing a consultation process. In this way, the Financial System Safety Net Law would provide a strong foundation for the financial system stability policies and regulations to be established by the relevant authorities. The Draft Law specified all components of the FSSN: (1) effective bank regulation and supervision; (2) lender of last resort; (3) adequate deposit insurance scheme; and (4) effective mechanism for resolution of crisis.
Key words : central bank, financial system safety net, regulation, monetary stability
KEUNGGULAN SISTEM KEUANGAN BERBASIS BAGI HASIL
DAN IMPLIKASINYA PADA DISTRIBUSI PENDAPATAN
International Center for Applied Finance and Economics (InterCAFE)
Institut Pertanian Bogor
Kampus IPB Baranangsiang, Jl. Padjajaran, Bogor 16144
Korespondensi dengan penulis:
Iman Sugema : Telp.+62 251 837 7896
Email: email@example.com; firstname.lastname@example.org; email@example.com
In this paper we attempted to answer a fundamental question whether banking system based on a profit-loss sharing (PLS) could improve welfare than an interest based banking system by developing a rigorous theoretical modeling. In the framework of production technology we firstly showed that under production certainty and competitive market both PLS and interest based systems were efficient and right. However, under an uncertain situation due to a productivity shock, we proved that only the PLS system was right. We verified our result by quantifying the effects on income distribution for both lender and borrower. Two indicators, namely the standard error of distribution and gain ratio were considered. We showed that the conventional credit market led to a serious income distribution problem where lenders did not enjoy the variability in income and did not bear any risk, but in contrast, borrowers bore all the risk. On the other side, PLS system shared the risk between lenders and borrowers. In the end of the analysis, we proposed an instrument that would improve the performance of a PLS system from lenders perspective by introducing a so-called risk pooling mechanism.
Key words: profit-loss sharing, Islamic banking, income distribution, risk pooling agent.
ECONOMIC VALUE ADDED DAN MARKET VALUE ADDED
DAMPAKNYA TERHADAP NILAI PERUSAHAAN
Jurusan Manajemen Fakultas Ekonomi
Universitas Hasanuddin Makassar
Jl. Perintis Kemerdekaan Km. 9 Makassar, 90245
Koresponden dengan penulis :
Mursalim: Telp.+62 411 477 0459
The aim of research was to find out an influence of Economic Value Added (EVA) and Market Value Added (MVA) towards share price of PT. International Nickel Indonesia, Tbk (PT.INCO). The secondary data was gathered by capital market information centre (PIPM) Makassar. The data was cultivated by using multiple regression analyze using software SPSS 15.0 for windows. The analysis result showed that variable independent that consisted of economic value added (EVA) and market value added (MVA) had a simultaneously positive influence and significant impact towards share market price of PT.INCO,Tbk as variable dependent. Partially, variable EVA (X1) had weak positive and significant influence meanwhile MVA (X2) had strong positive and significant towards share price PT.INCO,Tbk influence. Both of variable independent (EVA and MVA) would be able to explain share price result (dependent variable) at that time as big as 85%. The other factor which was not studied in this study that influenced social condition was for example share price, policies, economy unstable with corporate action like stock split, bonus stock distribution, and right issue.
Key words: Economic Value Added (EVA), Market Value Added (MVA), stock price, corporate value