Purpose: This study aims to shed light on defining precisely variables of logistics costs model in Indonesia’s cement projects and generally other projects scientifically. The variables have previously so far been identified based on pragmatism and practical experience without rigorous...

Cement is primarily product to build massif infrastructure while Indonesia was experiencing shortage of production last decade. Due the situation, cement projects were rampant in period 2008-2015 to anticipate further surprise demand. However to build a new cement plant is quite difficult due to...

Throughout of gravity models and logistic factors, the cost of new investment in Indonesia should be prior calculated. The options is when selecting an origin country then specific gravity factors that contribute to the investment cost of logistics will be formulated. There is also be able to...

Indonesia is entering a phase of massive infrastructural development across its whole archipelagoes today. Barriers to the development of Indonesia's human development index lies in the limited infrastructure, causing economic and investment costs are very high. The average cost of investment in...

The goal of this paper is to guide new investors on how to deal with complicated investment procedures in Indonesia. The paper is also to contribute in theoretical and practical level to managing complex project’s management during implementation. The methods presented are based on the case...

One Belt One Road (OBOR) first declared by the China's President is believed by some to be a new hope and a new horizon for a number of developing countries. OBOR has been viewed as a new challenging proposal and as an ice breaking for the decades-long stagnant infrastructure in Indonesia, the...

This research addresses main question of the conditions of debt-constraint expropriation and debt-facilitate expropriation, and the difference between those conditions on type of group ownership (group or no group-affiliate). Agency theory predicts that debt is bonding and monitoring mechanism...

This research addresses main question of the conditions of debt-constraint expropriation and debt-facilitate expropriation, and the difference between those conditions on type of group ownership (group or no group-affiliate). Agency theory predicts that debt is bonding and monitoring mechanism...

The Indonesian banking sector has recently suffered from bad debt and liquidity problems. The Indonesian banking crisis that has occurred since 1997 has impoverished bank’s performance and reduced shareholder wealth. The deterioration of bank performance with respect to bank as an...

Divergence of opinion causes market prices to differ from intrinsic values. Greater divergence of opinion results in larger bid/ask spreads. This study utilizes Miller’s theory (Miller, 1977) which states that differences between bid and ask prices (price spread) is caused by divergence...