1,721,029 research outputs found
Endri Endri 's Quick Files
No full textThe Quick Files feature was discontinued and it’s files were migrated into this Project on March 11, 2022. The file URL’s will still resolve properly, and the Quick Files logs are available in the Project’s Recent Activity
Endri Endri 's Quick Files
No full textThe Quick Files feature was discontinued and it’s files were migrated into this Project on March 11, 2022. The file URL’s will still resolve properly, and the Quick Files logs are available in the Project’s Recent Activity
DAMPAK PERUBAHAN SATUAN PERDAGANGAN DAN FRAKSI HARGA TERHADAP LIKUIDITAS SAHAM
Full text linkAbstract: On January 6, 2014, the Indonesia Stock Exchange (IDX) implemented new lot
size and tick size: 500 shares per lot become 100 shares per lot, and five ticks (Rp1, Rp5,
Rp10, Rp25, Rp50) become three ticks (Rp1, Rp5, Rp25). The main purposes of the
implementation of the new lot size and tick size are to boost liquidity and market
capitalization, and to boost exchange competitiveness. Using daily data, non parametric sign
test and parametric paired samples t-test, this study finds the new policy significantly reduces
bid-ask spread and market depth, but doesn’t impact trading volume. From the viewpoint of
width and immediacy, stock liquidity is enchanced; but from the viewpoint of depth, stock
liquidity is diminished. To resolve these contradictory results, trading volume is used for
comparison. The reduction of bid-ask spread is not followed by the enhancement of trading
volume, meanwhile bid-ask spread in its relation with transaction cost should be negatively
correlated with trading volume.
Keywords: Indonesia Stock Exchange, liquidity, lot size, tick size, bid-ask spread, market
depth, trading volume
Abstrak: Pada 6 Januari 2014, Bursa Efek Indonesia (BEI) memberlakukan satuan
perdagangan dan fraksi harga baru, yaitu dari 500 lembar saham menjadi 100 lembar saham
per lot, dan dari lima fraksi harga (Rp1, Rp5, Rp10, Rp25, Rp50) menjadi tiga fraksi harga
(Rp1, Rp5, Rp25). Tujuan utama pemberlakukan satuan perdagangan dan fraksi harga baru
ini adalah untuk meningkatkan likuiditas dan kapitalisasi pasar serta untuk meningkatkan
daya saing Bursa. Dengan data harian, non parametric sign test dan parametric paired
samples t-test, penelitian ini menemukan bahwa kebijakan baru ini menurunkan bid-ask
spread dan market depth secara signifikan, namun tidak memengaruhi volume perdagangan.
Dari sudut pandang width dan immediacy, likuiditas saham mengalami peningkatan; namun
dari sudut pandang depth, likuiditas saham mengalami penurunan. Untuk menarik
kesimpulan dari dua hasil yang berbeda ini, digunakan volume perdagangan sebagai
pembanding. Penurunan bid-ask spread ternyata tidak diikuti oleh peningkatan volume
perdagangan, padahal bid-ask spread dalam kaitannya dengan biaya transaksi seharusnya
berkorelasi negatif dengan volume perdagangan. Oleh sebab itu disimpulkan bahwa tidak
terjadi peningkatan likuiditas setelah pemberlakuan kebijakan baru tersebut.
Kata Kunci: Bursa Efek Indonesia, likuiditas, satuan perdagangan, fraksi harga, bid-ask
spread, market depth, volume perdaganga
Problematika Penegakan Hukum Tindak Pidana Narkotika dan Obat/Bahan Berbahaya (Narkoba) di Indonesia
Full text linkPenulis menulis artikel yang berjudul Problematika Penegakan Hukum Tindak Pidana Narkotika dan Obat/Bahan Berbahaya (Narkoba) di Indonesia, adapun rumusan artikel yang dirumuskan menjadi tititk permasalahan adalah Bagaimana problematika persepsi pengaturan pelaku, pencandu, korban narkoba guna menanggulangi tindak pidana narkoba secara efektif?.  Adapun tujuan penulisan ini adalah untuk mengetahui problematika persepsi pengaturan pelaku, pencandu, korban narkoba guna menanggulangi tindak pidana narkoba secara efektif? problematika persepsi pengaturan pelaku, pencandu, korban narkoba guna menanggulangi tindak pidana narkoba secara efektif?. Penulisan ini dapat berguna secara praktis dan teoritis, secara praktis dapat digunakan sebagai acuan kebijakan praktis dalam kaitannya dengan tindak pidana narkotika dan secara teoritis dapat menjadi khasanah ilmu pengetahuan hukum pidana khusunya menyengkut perkara pidanacanak. Hasil penulisan ini bahwa Narkoba merupakan kejahatan extra ordinary crimeyang menjadi ancaman bangsa. Untuk perlu ditanggulangi secara bersama-sama semua oleh lapisan masyarakat, namun dalam pelaksanaanya terdapat masalah penegakan hukum terutama persepsi mana yang dikelompokan sebagai pelaku kejahatan yang layak mendapatkan hukuman ataupun sebagai korban dan pecandu narkoba yang wajib mendapatkan rehabilitasi.Kata kunci: narkoba, penegak hukum, perseps
Kesantunan Kalimat Imperatif Antara Penjual dan Pembeli di Pasar Syariah Ulul Albab Kecamatan Siak Hulu Kabupaten Kampar
Full text linkPoliteness is a rule of behavior that is determined and agreed upon by a particular community so politeness is at the same time a prerequisite agreed upon by social behavior. Whereas the Imperative Sentence is a sentence which contains a command or asks the speech partner to do something as desired by the speaker. The problem that the author analyzes is how is the Imperative Speech Between the Seller and Buyer in the Ulul Albab Sharia Market in Siak Hulu District, Kampar Regency, how is the politeness of the Imperative Speech Between the Seller and the Buyer in the Ulul Albab Sharia Market in Siak Hulu District, Kampar Regency. The theory used to analyze data is searle theory in Rahardi (2005) and Chaer (2010). The purpose of this study is to describe, analyze Imperative Speeches between Sellers and Buyers in Ulul Albab Sharia Market in Siak Hulu District, Kampar District and to find out, describe and analyze, Political Imperative Speech between Sellers and Buyers in the Ulul Albab Sharia Market in Siak Hulu District, Kampar District. Data collection techniques that the authors use are recording techniques, see and record. The sample used is Saturated Sampling, meaning that the technique of determining the right if all members of the population are used as a sample. Imperative Speeches Between Buyers and Sellers in the Ulul Albab Sharia Market in Siak Hulu District Kampar Regency, totaling 61 speeches consisting of 3 types of speeches, namely imperative demand requests between Sellers and Buyers at the Ulul Albab Sharia Market in Siak Hulu District Kampar District there are 25 utterances, imperative granting licenses Between Buyers and Sellers in the Ulul Albab Sharia Market in Siak Hulu Subdistrict, Kampar Regency, there are 1 utterances, and imperative orders between Sellers and Buyers in the Ulul Albab Sharia Market in Siak Hulu Subdistrict, Kampar Regency, there are 35 utterances. So of the three types of imperative utterances, the order imperatives are most widely used, while the few utterances are imperatives for permission. Then the imperative that does not exist is the ordinary imperative, and the invitation imperative. Politeness of Imperative Speeches between Sellers and Buyers in Ulul Albab Sharia Market, Siak Hulu District, Kampar Regency, there are 25 utterances of demand imperative speeches, with a maximum of 15 utterances of wisdom, a maximum of 6 benefactors, and a maximum of 4 conversations. Whereas in the imperative speech the granting of permits, there is only 1 utterance, namely the maxim of generosity. And imperative speech utilities amounting to 35 where the maxim of wisdom amounted to 7 utterances, the maxim of generosity amounted to 7 utterances, and the maxim of consensus reached 21 utterances
The Effect of Visual Communication on Children\u27s Reading Interest
Full text linkThis paper aims to measure the visual communication effect of Noura storybooks on children\u27s reading interests. Theories used in the research are family communication theory, storybook visualization, and children\u27s reading interest. The method used is an explanatory survey method with a quantitative approach and positivistic paradigm. The study population consisted of parents of the Setya Bakti Early Childhood Education Program (PAUD). The sampling technique used was simple random sampling, with 100 respondents. The data analysis technique used is the person correlation and regression test. The analysis resulted that Noura\u27s storybook contributed 24.5% to children\u27s reading interest. The remaining percentage of 75.5% is the influence of other factors which not examined in this study. Hypothesis testing shows that H0 is rejected and Ha is accepted, which means that there is a significant influence between the visual variables of Noura storybooks on children\u27s reading interests. Conclusion: visual storybook Noura (X) affects positively children\u27s reading interest (Y)
STRENGTHENING FINANCIAL SYSTEM STABILITY THROUGH ENHANCING INTERMEDIARY FUNCTION AND EFFICIENCY OF BANK PEMBANGUNAN DAERAH (REGIONAL DEVELOPMENT BANK)
No full textThis paper analyzes the function of the regional development banks (BPD) as an intermediary institution using the loan to deposit ratio (LDR) and Bank Indonesia Certificate to deposit ratio (SDR) and efficiency performance with data envelopment analysis (DEA) approach with data during 2006-2007 covering 26 BPD in Indonesia. The result of study indicates that the regional development banks do not play its optimal role as the intermediary institution and efficiency performance do not achieve the level of maximum 100 persen. For getting the optimal function of banking intermediary and promoting better efficiencies, BPD needs to design some steps of the grand strategy that can be developed in the future, that is: the limitation of funds placed by BPD in Bank Indonesia Certificate notes, inter BPD networking, focus on market segmentation, diversification source of funds, and creating local credit guaranting institutions.Keywords: bank efficiency, bank intermediary, loan to deposit ratio (LDR), SBI to deposit ratio (SDR), data envelopment analysis (DEA
Penanggulangan Kejahatan Pidana Politik Dalam Undang-Undang Pemilihan Umum (Pemilu)
Full text linkPolitics of crime prevention in general election law are interesting to be discuss because some prohibited acts already set out, for example, there are minimum specific criminal provisions and additional punishment for it perpetrators. Thus seemed to guarantee the implementation of a good election, yet in fact there are a variety of criminal acts which qualified as offense, criminal elections, etc. The offenses contained in the various election rules such as the Criminal Code, legislative elections laws and presidential election law are a criminal offense related to the general election. In other words, this criminal act also called as part of political criminal or political crimes. The legislative products which mentioned any punishments in the election laws means of political crime prevention offenses (criminal offense and elections). However it’s necessary implemented for the general elections and suitable with the principles of direct, general, free, confidential, and fair.
Keywords: Crime Prevention, Political Crime And Election
ANALISIS MODEL MONETER HARGA FLEKSIBEL DALAM PENENTUAN NILAI TUKAR RUPIAH
Full text linkThere are a wide variety of monetary models of exchange rate determination, all of which are outgrowth and extension of the basic flexible-price version pioneered by Frenkel (1978) and Bilson (1978). The research aims to know and prove by empiri-cal means the flexible price monetary model is relevant and advantageous to explain the fluctuation of exchange rate rupiah. The methodology involves testing first two assumption of the monetary model, namely, the price arbitrage (unified goods market) and the existence of a stable money demand function. Having these assumption held, the estimation of fluctuation in exchange rate in 1997-2005 was estimated using the flexible price monetary model developed for this purpose. Estimation of fluctuation in exchange rate suggest that the actual behavior of exchange rate in the period 1997 – 2005 is highly consistent with prediction of the flexible price monetary model. Fluctuation in exchange rate of Indonesia was largely explained by such variables as domestic money demand, domestic income and expected inflation, consistent with hypothesis of the flexible price monetary model.</jats:p
Analysis of Factors Influencing Inflation in Indonesia
Full text linkThis research is aimed at analysing some factors that affect inflation rate in Indonesia during period 1997-2005. Using cointegration analysis and error correction model this research will investigate the relationship between independent variable and dependent variables in both short run and long run. In the long run, the monetary policy instrument (SBI rate), output gap and exchange rate have significant influence on inflation rate under floating exchange rate regime. In the short-run, the speed of adjustment of exchange rate is higher and significant for corrected to its long run equilibrium.
Keywords: inflation, transmition effect, cointegration, error correction mode
- …
