Objective - This research analyses whether there was a change in bankruptcy risk of companies in Indonesia for the period between 2015–2018, during the first presidency period of Joko Widodo, when Indonesia experienced tremendous dynamic economic, political and technological change. Previous...

This paper aims to evaluate how entrepreneurial orientation affects the access a startup has to finance, from both angel investors and venture capital firms. Entrepreneurial orientation in this context consists of risk-taking, proactiveness, and innovativeness. We also evaluate whether a...

The advancement of financial technology has given rise to the online peer-to-peer lending (P2P lending) platform to provide loans. P2P lending provides loans without the role of financial intermediaries such as banks. Further, P2P lending is expected to increase access to financing for...

This study aims to analyze what criteria are used by Venture Capital (VC) firms to value Indonesian tech startups as high-flyer investments. We define high-flyer investment here as start-ups projected to generate a return five times or more than its initial investment. We evaluated what criteria...

In this study, we analyze factors influencing the intention to invest in mutual funds in e-commerce or online marketplace. We built a model based on the trust transfer theory to examine whether perceived similarity with other digital products – such as mobile payment products- affects...

This paper analyzes the effect of family ownership on a company’s tax avoidance practices in Indonesia. This study also analyzes whether there is a change in tax avoidance practice after the tax amnesty program implemented in 2015-2016. We used three measurements to capture tax avoidance...

Currently, the electronic wallet (e-wallet) payment method has been commonly used in Indonesia and slowly has been replacing cash as a payment method. Fintech companies, which mostly operate e-wallet services in Indonesia, are able to make short-term investments using their consumers’ e-wallet...

This research aims to investigate various intentions that influence borrowers in using a technology that focuses on the peer-to-peer lending platform as a growing financial services business in Indonesia. We use a survey by distributing online questionnaires and collect data from 183 borrowers...

This study aims to analyze how perceived financial risk affects an investor’s decision to invest continuously through peer-to-peer lending (P2P) platforms in Indonesia. We also examine how perceptions of information asymmetry and perceptions of regulatory uncertainty affect an investor’s...

Islamic financial institutions have relied for decades on margin-based contracts to provide financing for the business sector, despite the basic idea that Islamic finance is expected to provide an equity-based or a profit and loss sharing (PLS) contract. This fact raises the need to encourage...