UPH Academic Journals (Universitas Pelita Harapan)
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    Analisis Peran Pasar Modal dalam Mendorong Pertumbuhan Ekonomi Nasional: Studi Kualitatif pada Bursa Efek Indonesia

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    This study aims to analyze the strategic role of the capital market in supporting national economic growth, with a focus on the Indonesia Stock Exchange (IDX). As a platform for securities trading, the capital market plays a vital role in providing long-term financing alternatives for companies and investment opportunities for the public. This research uses a descriptive qualitative method through literature review and secondary data analysis from IDX annual reports, OJK publications, and academic literature. The results indicate that the capital market contributes significantly to the economy through capital mobilization, efficient allocation, and financial instrument liquidity. These findings highlight the importance of strengthening regulations, financial literacy, and digital transformation of capital market services to enhance public participation and market stability

    Merger Gojek-Tokopedia: Tantangan bagi Persaingan Usaha di Era Ekonomi Digital

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    Digital transformation has driven significant changes in Indonesia's economic structure, marked by the growing role of technology companies such as Gojek and Tokopedia. The merger between these two entities in 2021 resulted in the formation of PT GoTo Gojek Tokopedia, one of the largest technology companies in Southeast Asia. This merger was a strategic move to face regional competition and create synergy across transportation, digital finance, and e-commerce services. However, the consolidation of two major players has also raised concerns about maintaining fair business competition in Indonesia. This study employs a normative-empirical legal method with a statutory approach to analyze the role of the Indonesia Competition Commission (KPPU) in assessing large-scale digital mergers and to evaluate the effectiveness of the national legal framework in addressing the challenges of the digital economy. The findings indicate that although the merger did not result in monopolistic practices, internal challenges such as inefficiencies in resource management must be addressed to ensure the long-term sustainability of GoTo’s business operations

    Indomaret dan Alfamart: Dugaan Praktik Eksklusifitas Dalam Penyewaan Lokasi yang Menyebabkan Kesusahan Bersaing Pada Usaha Kecil di Wilayah Tertentu: Indomaret dan Alfamart: Dugaan Praktik Eksklusifitas Dalam Penyewaan Lokasi yang Menyebabkan Kesusahan Bersaing Pada Usaha Kecil di Wilayah Tertentu

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    This article examines the alleged exclusivity practices exercised by two of Indonesia’s largest modern retail chains, Indomaret and Alfamart, particularly in their lease agreements with property owners. These agreements are suspected to contain exclusivity clauses that prohibit the leasing of nearby spaces to competing businesses. Such practices raise concerns regarding fair competition and have reportedly disadvantaged small businesses operating in the vicinity. The research applies a normative juridical approach, supported by a qualitative analysis of laws and regulations, previous cases, and the perspective of the Indonesian Competition Commission (KPPU). Findings show that exclusivity clauses in lease agreements may contravene Article 15 paragraph (2) of Law Number 5 of 1999 concerning the Prohibition of Monopolistic Practices and Unfair Business Competition. These provisions explicitly prohibit vertical agreements that restrict or obstruct other businesses from entering the market. The article concludes that these exclusivity arrangements potentially undermine market access for small enterprises and disrupt the competitive balance in certain regions. It recommends enhanced legal oversight and regulatory enforcement to ensure a level playing field and to protect the sustainability of micro, small, and medium enterprises (MSMEs) in Indonesia's retail landscape

    Pembuatan Ekoenzim dari Daun Bidens pilosa, Thunbergia grandi, Merremia vitifolia, Ceiba pentandra, Leucaena leucocephala, Samanea saman dan Aplikasinya sebagai Pupuk Organik Cair pada Pertumbuhan Kecambah Tanaman Pakcoy (Brasisca Rapa Subsp. Chinensis)

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    Ecoenzymes have been made from the leaves of several wild plants, namely Bidens pilosa, Thunbergia grandi, Merremia vitifolia, Ceiba pentandra, Leucaena leucocephala, and Samanea saman. The ratio of the amount of leaves, molasses and water for ecoenzymes is 5:1:10 and the fermentation time is 10 weeks. The results of the ecoenzyme are dark brown, gas and bubbles are formed, there is an alcoholic aroma during the fermentation process and it has a fresh sour aroma with a pH of 3.42. The low pH value in the ecoenzyme is caused by the high acid content in the ecoenzyme. Based on observations of the development of pak choy plant sprouts, it can be seen that ecoenzymes provide better growth in plant height and number of leaves than watering with water alone.Telah dilakukan pembuatan ekoenzim dari daun beberapa tanaman liar yaitu tanaman Bidens pilosa, Thunbergia grandi, Merremia vitifolia, Ceiba pentandra, Leucaena leucocephala, dan Samanea saman. Perbandingan jumlah daun, molase dan air untuk ekoenzim adalah 5:1:10 dan lama fermentasi adalah 10 minggu. Hasil dari ecoenzim berwarna cokelat gelap, terbentuk gas maupun gelembung, adanya aroma alkohol selama proses fermentasi dan memiliki aroma asam segar dengan pH 3,42. Nilai pH yang rendah dalam ecoenzim disebabkan karena tingginya kadar asam di dalam ekoenzim. Berdasarkan pengamatan perkembangan kecambah tanaman pakcoy, dapat terlihat bahwa ekoenzim memberikan pertumbuhan tinggi tanaman, maupun jumlah daun yang lebih baik daripada penyiraman dengan air saja

    the Implementation of the Discovery Learning Model in Science Learning Class VII on the topic of Classification of Living Things: -

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    One of the junior high schools built explicitly for Papuan Children aims to shape students' character so that they grow in faith in Jesus Christ. However, based on observations and interviews with homeroom teachers, students have cognitive problems, tend to be passive, and do not want to ask the teacher. Therefore, learning to encourage students to be active can ultimately improve students' cognitive abilities. The learning model used is discovery learning, which provides opportunities for students to participate in the exploration and discovery process actively. The summative assessment results show that students achieve the KKM score with a passing percentage of 95%, which indicates success in understanding the concepts taught. With this learning model, the teacher acts as a mentor who guides students and provides direction in the discovery process. Reflections and suggestions for improvement from implementing the use of discovery learning: teachers need to link the material with local experiences in Papua and conduct direct field observation activities to maximize learning.Salah satu sekolah SMP yang  khusus dibangun untuk putra-putri Papua bertujuan untuk membentuk karakter siswa sehingga semakin bertumbuh dalam iman kepada Yesus Kristus. Namun berdasarkan observasi dan wawancara dengan guru wali kelas, diperoleh informasi bahwa siswa mempunyai kendala dalam ranah kognitif, cenderung pasif dan tidak mau bertanya kepada guru. Untuk itu diperlukan kegiatan pembelajaran yang mendorong siswa aktif yang akhirnya dapat meningkatkan kemampuan kognitif siswa. Model pembelajaran yang digunakan adalah discovery learning, yang memberikan kesempatan kepada siswa untuk aktif terlibat dalam proses eksplorasi dan penemuan. Hasil penilaian sumatif menunjukkan bahwa siswa mencapai nilai KKM dengan persentase kelulusan sebesar 95%, yang menunjukkan keberhasilan dalam pemahaman konsep yang diajarkan. Dengan model pembelajaran ini, guru berperan sebagai pembimbing yang membimbing siswa dan memberikan arahan dalam proses penemuan. Refleksi dan saran perbaikan dari implementasi penggunaan discovery learning, guru perlu mengaitkan materi dengan pengalaman lokal di Papua dan mengadakan kegiatan observasi di lapangan secara langsung demi memaksimalkan pembelajaran. &nbsp

    PENERAPAN PEMBELAJARAN KONTEKSTUAL PADA MATERI ENERGI TERBARUKAN UNTUK MENINGKATKAN HASIL BELAJAR KOGNITIF SISWA KELAS X

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    Contextual learning is identified as a relevant strategy to improve students' cognitive learning outcomes in science, especially in renewable energy. Often students only focus on theory without linking the material to their real life. This study aims to explore the application of contextual learning to improve cognitive learning outcomes of grade X students on the topic of renewable energy. This study uses a quantitative descriptive method involving 29 grade X students in West Jakarta for four weeks, through the stages of observation, planning of inquiry and contextual learning, implementation for eight meetings, and evaluation of learning outcomes using validated tests, mentor feedback, and community advertising video project assessment rubrics. The results showed an increase in students' cognitive learning outcomes after the application of contextual learning that links the material to everyday environmental issues and the assignment of analyzing energy problems through group research. Therefore, it is concluded that contextual learning assessment on the topic of renewable energy is effectively able to improve the cognitive learning outcomes of grade X students.Pembelajaran kontekstual diidentifikasi sebagai strategi yang relevan untuk meningkatkan hasil belajar kognitif siswa dalam IPA, terutama pada materi energi terbarukan. Realita meunjukkan siswa kelas X pada umumnya cenderung berfokus pada teori tanpa mengaitkan materi dengan kehidupan nyata mereka. Penelitian ini bertujuan untuk mengkaji penerapan pembelajaran kontekstual dalam meningkatkan hasil belajar kognitif siswa kelas X pada topik energi terbarukan. Penelitian ini menggunakan metode deskriptif kuantitatif yang melibatkan 29 siswa kelas X di Jakarta Barat selama empat minggu, melalui tahapan observasi, perencaan pembelajaran inkuiri dan kontekstual, pelaksaan selama delapan pertemuan, dan evaluasi hasol belajar menggunakan tes tervalidasi, umpan balik mentor, dan rubrik penilaian proyek video iklan masyarakat. Hasil penelitian menunjukkan adanya peningkatan hasil belajar kognitif siswa setelah penerapan pembelajaran kontekstual yang mengaitkan materi dengan isu lingkungan sehari-hari dan penugasan analisis permasalahan energi. Oleh karena itu, disimpulkan bahwa peneraoan pembelajaran kontektual pada topik energi terbarukan secara efektif mampu meningkatkan hasil belajar kognitif kelas X

    Comparative Efficacy of Antihypertensive Drugs for Primary Stroke Prevention–A Network Meta-Analysis of Randomized Controlled Trials

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    Introduction:  Hypertension is a major modifiable risk factor for stroke, making antihypertensive therapy essential for primary stroke prevention. However, the comparative efficacy of different antihypertensive drug classes remains uncertain. This study aims to evaluate the comparative efficacy of various antihypertensive drug classes in reducing the risk of stroke in patients with hypertension through a network meta-analysis of randomized controlled trials (RCTs). Methods:  A search was conducted using various online databases, including PubMed, Google Scholar, Scopus, and ScienceDirect, to identify RCTs which were written in English and published before January 2025. A network meta-analysis was performed to compare the effectiveness of different drug classes, including angiotensin-converting enzyme inhibitors (ACEIs), angiotensin receptor blockers (ARBs), calcium channel blockers (CCBs), beta-blockers, and diuretics in stroke primary prevention. Independently, two reviewers (D.N. and L.D.P.), extracted the data and assess the quality of studies using Cochrane RoB 2.0. Results:  This analysis included 43 RCTs involving 255299 participants with hypertension. Among the evaluated drug classes, non-dihydropyridine CCB demonstrated the highest efficacy in stroke prevention (RR 0.61; 95%CI 0.48 – 0.77), followed by dihydropyridine CCB (RR 0.62; 95%CI 0.54 – 0.72). Most of the studies had decent quality assessment with moderate heterogeneity across them with I2 = 39%. Egger’s test showed nonsignificant results (p= 0.16), suggesting the absence of publication bias in the included trials. Conclusion:  This meta-analysis showed that calcium channel blocker emerges as the most effective option for reducing stroke risk, but considerations of adverse effects and individual patient profiles remain critical in treatment selection

    The Use of Music Pattern Imitation Activity in Music Therapy to Improve Short-Term Memory in Patients with Stroke : A Case Study [Studi Kasus Penerapan Kegiatan Imitasi Pola Musik dalam Terapi Musik guna Meningkatkan Kemampuan Memori Jangka Pendek pada Pasien dengan Stroke]

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    Stroke is a medical condition that develops rapidly due to a sudden loss of brain function that lasts for more than 24 hours or more and can cause death. Stroke can cause a decrease in several human functional area depends on the brain damage. One of the area is cognition. Cognitive impairment in patients with stroke can lead to short-term memory loss. In this study, music therapy will be given to stroke patients aged 55-70 years old, who have short-term memory loss. Imitation activities of melodic, rhythms, or combination of the two musical elements was used in sessions. Patients were asked to imitate the music pattern that played by the researcher. This study was conducted by observing the patient’s progress form session to session and comparing the initial and final of Montreal Cognitive Assessment and Digit Span Assessment. The results showed an improvement in short-term memory of the patients through the implementation of ten sessions of music therapy. At the end of session, the patients were able to play longer and more complex musical patterns.   Abstrak in Bahasa Indonesia: Stroke merupakan suatu kondisi yang berkembang pesat akibat adanya tanda- tanda gangguan pada fungsi otak yang berlangsung lebih dari 24 jam atau lebih dan dapat menyebabkan kematian. Stroke dapat menyebabkan penurunan terhadap beberapa area fungsional manusia tergantung dari kerusakan otak pasca stroke, salah satunya adalah area kognisi. Gangguan kognisi pada pasien dengan stroke dapat menyebabkan penurunan kemampuan memori jangka pendek. Dalam penelitian ini, terapi musik akan diberikan kepada pasien berusia 55-70 tahun dengan stroke, yang mempunyai gangguan pada kemampuan memori jangka pendek. Intervensi terapi musik yang diberikan berupa kegiatan imitasi pola melodi, ritme, atau gabungan dari kedua elemen musik tersebut. Pasien akan diminta untuk meniru pola musik yang dimainkan oleh peneliti. Penelitian ini dilakukan dengan mengobservasi perkembangan pasien dari sesi ke sesi dan melihat perbandingan hasil asesmen Montreal Cognitive Assessment dan Digit Span. Hasil penelitian menunjukkan adanya peningkatan kemampuan memori jangka pendek pada pasien dengan stroke melalui pelaksanaan sepuluh sesi terapi musik. Di akhir sesi, pasien mampu memainkan pola musik yang lebih panjang dan kompleks

    ATTITUDE, SUBJECTIVE NORM, PERCEIVED BEHAVIORAL CONTROL, AND INFORMATION CASCADE EFFECTS ON INVESTMENT INTENTION: FINANCIAL LITERACY AS ANTECEDENT TO ATTITUDE

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    The development of financial technology has brought significant transformation to the global financial sector, including in Indonesia. In Indonesia, the P2PL industry has shown rapid growth. This study aims to examine the influence of investment attitude, subjective norm, perceived behavioral control, and information cascade on the intention to invest in P2PL, with financial literacy as an antecedent of attitude. Although numerous studies have explored the factors influencing investment intention, the variable of information cascade remains under-researched, particularly in the context of P2PL. This is a quantitative study employing a causal research design. The object of the study is peer-to-peer lending (P2PL). Data were collected through a questionnaire consisting of 28 indicators measured on a 5-point Likert scale. The sampling design used is purposive sampling, targeting individuals who have previously invested in P2PL platforms within last three months. The study involved 40 participants in the preliminary study and 280 in the main study. The analysis method used is Partial Least Squares Structural Equation Modeling (PLS-SEM). The preliminary study resulted in the removal of 8 indicators, which were excluded from the actual study. The findings from the actual study show that attitude toward investing, subjective norm, and perceived behavioral control have a positive and significant effect on investment intention, while information cascade does not have a significant effect. Additionally, investment attitude mediates the influence of financial literacy on investment intention. The Importance-Performance Map Analysis (IPMA) results indicate that subjective norm and perceived behavioral control should be prioritized in strategy improvement. Abstrak dalam Bahasa Indonesia  Perkembangan teknologi keuangan telah membawa transformasi yang signifikan pada sektor keuangan global, termasuk di Indonesia. Di Indonesia, industri peer-to-peer lending (P2PL) menunjukkan pertumbuhan yang pesat. Penelitian ini bertujuan untuk mengkaji pengaruh sikap terhadap investasi, norma subjektif, persepsi kontrol perilaku, dan information cascade terhadap niat berinvestasi pada P2PL, dengan literasi keuangan sebagai anteseden sikap. Meskipun banyak penelitian telah mengeksplorasi faktor-faktor yang memengaruhi niat berinvestasi, variabel information cascade masih jarang diteliti, khususnya dalam konteks P2PL. Penelitian ini merupakan penelitian kuantitatif dengan desain riset kausal. Objek penelitian adalah peer-to-peer lending (P2PL). Data dikumpulkan melalui kuesioner yang terdiri dari 28 indikator yang diukur menggunakan skala Likert 5 poin. Desain pengambilan sampel yang digunakan adalah purposive sampling, dengan sasaran individu yang telah berinvestasi pada platform P2PL dalam tiga bulan terakhir. Penelitian ini melibatkan 40 responden pada studi pendahuluan dan 280 responden pada studi utama. Metode analisis yang digunakan adalah Partial Least Squares Structural Equation Modeling (PLS-SEM). Studi pendahuluan menghasilkan penghapusan 8 indikator yang tidak digunakan pada studi utama. Hasil penelitian utama menunjukkan bahwa sikap terhadap investasi, norma subjektif, dan persepsi kontrol perilaku berpengaruh positif dan signifikan terhadap niat berinvestasi, sedangkan information cascade tidak berpengaruh signifikan. Selain itu, sikap terhadap investasi memediasi pengaruh literasi keuangan terhadap niat berinvestasi. Hasil Importance-Performance Map Analysis (IPMA) menunjukkan bahwa norma subjektif dan persepsi kontrol perilaku perlu diprioritaskan dalam perbaikan strategi

    Isolated Abducens Nerve Palsy: A Case Report of Cerebral Pseudocyst of Dorello’s Canal

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    Background: Abducens nerve is the second longest intracranial path out of all of the cranial nerves. Abducens nerve pasly had a prevalence 11.3/100.000 and mostly seen in adults. Isolated abducens nerve palsy due to neoplastic lesion are rare and mostly related to skull base tumor.   Case Description: We present a case of 57 years old woman with complaints of red right eye and worsening headache associates with diplopia on the right lateral gaze for three days prior admission. She was later diagnosed with isolated abducens nerve palsy associated to neoplasm cause in Dorello’s canal. Patient was then discharged with symptomatic therapy and educated for head posturing and avoid triggers.   Conclusions: Abducens nerve palsy is the most common isolated ocular nerve palsy. The incidence of mass formation such as neoplastic lesion or cyst are rare

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