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Quo Vadis Pengajaran Ilmu Ekonomi?

Nama Pengarang : -
Nama Majalah/Jurnal : Jurnal Ekonomi dan Bisnis Indonesia
Volume / Nomor Edisi : -
Nomor Halaman : 130-135
Abstraksi Narasi : This paper examines the teaching curriculum at the Faculty of Economics Gadjah Mada University and its future development. Better quality of teaching materials on quantitative as well as qualitative methods should be the final goal. Recently there were ``talks`` among faculty members to change the name of the Faculty of Economics to became Faculty of Economics and Business. This paper argues against the idea.

Pergeseran Falsafah Perencanaan

Nama Pengarang : -
Nama Majalah/Jurnal : Jurnal Ekonomi dan Bisnis Indonesia
Volume / Nomor Edisi : -
Nomor Halaman : 188-199
Abstraksi Narasi : Old ways die hard. Why? Old ways which we use to build the future of organization die hard because we are not bold enough to question the fitness of our philosophies underlying them. Planning used in the traditional management is based on the following philosophies; (1) creating the future from the past, (2) leverage is placed on tangible assets, (3) planning is rule keeping efforts, (4) planning is single-scenario planning, (5) planning is executed and hoc, especially at strategic level. In this article, I discussed the shift of philosophies underlying the ways management used to plan the future in order for their organization to survive and prosper in facing a competitive and turbulent environment. The new environment demands a radical change of the ways they use to plan the future of their organization.

Meninjau Kembali Ekonomika Neoklasik

Nama Pengarang : -
Nama Majalah/Jurnal : Jurnal Ekonomi dan Bisnis Indonesia
Volume / Nomor Edisi : -
Nomor Halaman : 119-129
Abstraksi Narasi : Economics Faculties in Indonesian Universities have been teaching economics in the Neoclassical tradition as in Samuelson`s Economics, a combination of Classical liberalism and Marginal Utility Theory. But the development experience in the last 32 years which have created extreme inequalities in the distribution of wealth and income have raised the issues of economic and social justice. ``Social economics insist that justice is a basic element of social economic organization - (which is) far more important than allocative efficiency. Inefficient societies abound and endure in the historical record but societies that lack widespread conviction as to their justness are inherently unstable. `` ... The most fundamental difference between the social-economics perspective and that of mainstream economics is that the latter has for its principal focus the production of good and services while the former focuses on the reproduction of society. (E.K. Hunt, History of Economic Though A Critical Perspective, 1979). An atmosphere need to be created whereby economists are prepared to take on what is best from the social science; economics is more likely to be changed by its friends than by its critics; in business as well as in theory we prefer not the methapor of the invisible hand but rather that of the ``invisible handshake`` the spirit of cooperation and competition.

Integrasi Vertikal dan Efisiensi Industri: Industri Kertas Tahun 1979-1997 Dengan Pendekatan Error Correction Model

Nama Pengarang : -
Nama Majalah/Jurnal : Jurnal Ekonomi dan Bisnis Indonesia
Volume / Nomor Edisi : -
Nomor Halaman : 136-149
Abstraksi Narasi : The purpose of this paper is to measure the relationship between vertical integration ratio with three explanation variables: demand growth, concentration industry and cost of input. The result of the study give us information about factors that influence vertical integration so the company and government can take the best policy to increase efficiency. The case study are pulp and paper industry from 1979 up to 1997. The use of such Error Correction Model (ECM) constitutes an effective framework for establishing links between the short and long-run approaches to econometric modeling. The empirical result show that vertical integration is an important step for company to protect their raw material supply and reduce price inefficiency.

Analisis Pengaruh Pemilihan Metode Akuntansi Terhadap Pemasukan Penawaran Perdana

Nama Pengarang : -
Nama Majalah/Jurnal : Jurnal Ekonomi dan Bisnis Indonesia
Volume / Nomor Edisi : -
Nomor Halaman : 211-225
Abstraksi Narasi : IPO (initial public offerings) has been characterized by a lack of publicly available information. In the offerings process, financial statement disclosures are especially critical to the market price-setting process (Neil et al. 1995). In this paper, we examine the accounting methods choices accompanying the initial public offerings of 100 companies that listed at Jakarta Stock Exchange for 1994-1999 periods. Using regression analysis, the methods choice of the sample firms are examined with regard to the company initial offering proceeds. Accounting choice is viewed as a means by which issuers may affect the proceeds of the initial offering. We hypothetized that the issuers with accounting methods result in larger income and asset values (income-increasing methods), has higher initial proceeds than the issuers using income decreasing methods. The accounting methods that we examined are accounting method for inventory valuation and depreciation methods. Other independent variable, which included in the research model are equity book value and ownership signal. Our result indicate no positive association between the initial proceeds from an offering and the selection of accounting methods that result in larger income and asset values. The result is not consistent with the hypotheses of Neil et. al (1995) study, which indicate a marginally positive association.

Analisis Kendala-Kendala Potensial Penerapan Total Quality Service Pada Perguruan Tinggi

Nama Pengarang : -
Nama Majalah/Jurnal : Jurnal Ekonomi dan Bisnis Indonesia
Volume / Nomor Edisi : -
Nomor Halaman : 170-187
Abstraksi Narasi : The succes of Higher Educational Institution in competing is highly depends on how the institution gives the satisfaction to customers through the creation of quality service. Many corporations have got their success because they are able to apply quality management principles. Total Quality Service (TQS) is a service quality management that can be used as strategic tools for higher Educational Institution in the effort to get sustainable service quality improvement. In order to apply the TQS successfully, a Higher Educational Institution must be able to identify existing constraints. This research is intended to find potential constraints on the application of TQS and it was conducted in the Private University, School of Business, and Academy of Management/Accounting in Yogyakarta. This research is also to test the differences of potential constraints on the application of TQS among the Higher Education, that is Private University, School of Business, and Academy of Management/Accounting. Instruments used in this research are the same as the research instruments used by the previous research conducted by Ngai and Cheng (1999). The respondents of this research are faculties who have structural position in the Faculty of Economics in Private University, School of Business, and Academy of Management/Accounting. This research findings show that, in general, the potential constrains on the application of TQS in the Higher Education are cultural and employee factor, infrastructural factor, and organizational factor. Other findings also show that infrastructural factor is the main constraint, and is followed by cultural and employee factor, and organizational factor. By using a hypothetical testing with 95% confidence level, the conclusions of the findings are follow: there are no significant differences of the potential constraints on the application of TQS in the higher education; there are no significant differences of the potential constraint on the application of TQS between Private University and School of Business; and there are significant differences of the potential constraint on the application of TQS between Private University and Academy of Management/Accounting, and School of Business with Academy of Management/Accounting.

Analisis Kandungan Informasi Laporan Arus Kas Di Bursa Efek Jakarta

Nama Pengarang : Sri Wahyuni, Nursya''bani Purnama, Jogiyanto Hartono, Syaiful Ali, Karseno, Arief Ramelan, Tri Mulyaningsih, Mubyarto, Mulyadi, Santoso, Bagus, BM. Purwanto
Nama Majalah/Jurnal : Jurnal Ekonomi dan Bisnis Indonesia
Volume / Nomor Edisi : -
Nomor Halaman : 200-210
Abstraksi Narasi : The purpose of this study is to examine the information content of total cash flows. As much as 88 manufacturing firm listed in The Jakarta Stock Exchange (JSE) were taken as sample using a purposive sampling method. The statistics method used to test hypotheses is a linear regression in the return model. The results of this study shows that: 1) Information content in cash flows statement the condition of good news is not significantly associated with the stock return increase around the financial statement publication date. 2). Information content in cash flows statement the condition of bad news is not significantly associated with the stock return decrease around the financial statement publication date.

Speed Of Adjustment And Target Dividend Payout Ratio in Indonesia

Nama Pengarang : -
Nama Majalah/Jurnal : Jurnal Ekonomi dan Bisnis Indonesia
Volume / Nomor Edisi : -
Nomor Halaman : 85-90
Abstraksi Narasi : Penelitian ini bertujuan untuk menganalisis kecepatan penyesuaian dan target rasio pembayaran dividen di Indonesia dengan menggunakan model Lintner. Sampel penelitian terdiri dari 975 perusahaan yang terdaftar di Bursa Efek Jakarta (BEJ) yang melakukan pembayaran dividen selama periode 1994 sampai dengan 1999. Penelitian ini menemukan empat hal penting, yaitu: pertama, selama berlangsungnya krisis moneter di Indonesia, jumlah perusahaan yang mengumumkan earning dan membayar dividen mengalami penurunan yang signifikan. Kedua, perusahaan-perusahaan di Indonesia selama periode 1994-1999 cenderung lambat melakukan penyesuaian pembayaran dividen mereka terhadap target dividennya, yaitu sekitar 0,36. Hasil ini menunjukkan kecenderungan yang lebih lambat dibanding hasil penelitian sebelumnya yang dilakukan oleh Sutojo dan Irianto (1990; 1995) selama periode 1986-1993, serta Selvi (1999) selama periode 1991-1996. Ketiga, perusahaan-perusahaan di Indonesia selama periode 1994-1999 membayarkan dividen bagi pemegang sahamnya sebesar 0,53 dari earning yang diperolehnya. Hasil ini lebih rendah dibanding temuan penelitian sebelumnya oleh Sutojo dan Irianto (1990;1995) dan Selvi (1999). Keempat, ada kecenderungan bahwa selama periode 1994 -1999 investor di Indonesia lebih berorientasi pada capital gain. Hasil ini konsisten dengan hasil penelitian sebelumnya oleh Sutojo dan Irianto (1990, 1995) serta Selvi (1999).

Pengaruh Ketidakpuasan Konsumen, Karakteristik Kategori Produk, Dan Kebutuhan Mencari Variasi Terhadap Keputusan Perpindahan Merek

Nama Pengarang : -
Nama Majalah/Jurnal : Jurnal Ekonomi dan Bisnis Indonesia
Volume / Nomor Edisi : -
Nomor Halaman : 91-104
Abstraksi Narasi : The objective of this study is to examine the partial and simultaneous effects of customer dissatisfaction, characteristics of product category, and variety-seeking needs on brand switching behavior. This study has tested the impact of the variety-seeking needs as a moderating variable on brand switching behavior and provided an alternative perspective of the concept of consumers` brand loyalty. The brand switching approach can be very helpful in resolving problem and decision making related to brand loyalty reinforcement. The results show two important findings. Firstly, the customer dissatisfaction and variety-seeking needs were significantly related to brand switching behavior, but the impact of characteristics of product category itself on brand switching behavior was not significant. Secondly, the variety-seeking needs moderated the effects of customer dissatisfaction and characteristics of product category on brand switching behaviors. Some implications for future research are identified, including the choice of products as research objects, dissatisfaction constructs, and the importance of inter-customer interaction issues.

Modeling Supply Of Indonesian Cooking Oils

Nama Pengarang : -
Nama Majalah/Jurnal : Jurnal Ekonomi dan Bisnis Indonesia
Volume / Nomor Edisi : -
Nomor Halaman : 46-73
Abstraksi Narasi : Estimasi model penawaran untuk komoditi tahunan (perennial crops) terbukti tidak mudah. Estimasi terhadap model penawaran untuk berbagai komoditi telah dilakukan, namun tidak menghasilkan kesimpulan yang konklusif. Dalam paper ini dipaparkan hasil estimasi model penawaran minyak kelapa sawit dan kelapa untuk kasus di Indonesia dengan menggunakan metode ECM dan PAM. Ternyata model PAM masih lebih baik. Jumlah observasi yang sedikit dan begitu banyaknya intervensi pemerintah di sektor kelapa sawit dan kelapa mungkin menyebabkan lemahnya model ECM.
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