This paper extends prior literature on the link between consolidation and stability in banking using a single country setting. From a sample of Indonesian commercial banks over the 2010-2015 time span, our empirical results show that higher bank market power is associated with lower insolvency...

Using loan level data of monthly financial information services system database from January 2019 to June 2021, this study applies simple logistic regression to develop credit scoring model for corporate bank loans in Indonesia. Variables used in the model consist of borrower characteristic and...

Background – The based model of asset pricing, CAPM, only considers the surrounding factors of the asset. It omits the internal factors of the asset itself. Some scholars only consider the one factor which contributes to the asset pricing; it could be the Size or Earning Price Ratio or...

The holiday anomaly has been proved as the most consistent of all season anomalies, according to Lakonishok and Smidt (1988), it can give 30 up to 50% return compared with non-holiday season. Further, they had found that there were size and share price effect phenomenon as underlying fundamental...

This paper aim to determine the relationship of tourism growth in Malaysia, Singapore and Thailand to Indonesia. Firstly, the paper performed bivariate and multivariate analysis on each country measured. Secondly, the paper performed a non-parametrical approach to evaluate which combination of...