The paper reviews the efficiency of food subsidy in Indonesia based on cost structure analysis. Using the comparison between cost of good of government and cost of good of National Logistics Board appointed to manage and channel the subsidy. The level of efficiency has decreased in the recent...

This paper examines the effects of financial inclusion and digital technology on economic growth. We also investigate the possibility of using digital technology to improve financial inclusion overall and bridge the financial inclusion gender gap. Through dynamic panel data estimation for 84...

We investigated whether a bank’s popularity and depositors’ fear of Google search volume could affect bank deposits and credit. We use Google Trends data combined with BankFocus on the Indonesian banking industry, which offers a unique setting with massive Internet penetration in banking and...

We investigate the extent of credit risk management in the Indonesian rural banking industry. Specifically, we focus on the role of diversification, capital buffer, and ownership on the probability of incidence and trajectory of two credit risk proxies—loan loss reserve to non-performing loan...

Do investors like political connections? We answer this question by exploiting a unique political measure and analyzing the market reaction after the US Supreme Court decision in 2010, which allowed firms to establish a new form of political connection through the employment of independent...

Purpose This research aims to examine the effect of ownership structure on dividend policy using the Indonesian context. The most common ownership structure is concentrated in the hand of family owners except in the UK and USA (La Porta et al ., 1998, 2000). Family owners hold more than half of...

Cover -- Differences in organization citizenshipbehavior between "serumpun" countries (Indonesia - Malaysia) -- Controlling shareholders and the effect of diversification on firm value: evidence from Indonesian listed firms -- Preparedness for ASEAN Economic Community (AEC): a case study of...

Frictions prevent banks to immediately adjust their capital ratio towards their desired and/or imposed level. This paper analyzes (i) whether or not these frictions are larger for regulatory capital ratios vis-à-vis a plain leverage ratio; (ii) which adjustment channels banks use to adjust...