rachmadi triono - Academia.edu (original) (raw)

Papers by rachmadi triono

Research paper thumbnail of Pengambilan Keputusan Manajerial

Research paper thumbnail of Pengambilan keputusan manajerial : teori dan praktik untuk manajer dan akademisi/ Triono

xii, 134 hal.: ill, tab.; 24 cm

Research paper thumbnail of Entrepreneurial Orientation toward Access to Finance of Start-ups in Indonesia

Social Science Research Network, Apr 2, 2020

This paper aims to evaluate how entrepreneurial orientation affects the access a startup has to f... more This paper aims to evaluate how entrepreneurial orientation affects the access a startup has to financing, 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 company's growth mediates those relationships. For this research, we use primary data from surveys distributed to the CEOs or managers of startups in Indonesia collected through e-mail, WhatsApp, and social media. The data collected is then processed using the multiple regression and binary logistic methods with the help of SPSS software. Linear regression reveals that risk taking positively affects startup growth, as does innovativeness. However, there is no evidence that proactiveness affects the growth of startups. Furthermore, our logistic regression showed that startups with high growth had a much greater chance of generating funds from venture capital firms. However, growth alone cannot attract angel investors for provide financing for startups. This finding indicates that start-up founders should highlight different aspects of their operations when seeking suitable investors.

Research paper thumbnail of Platform Reputation Effects in Lenders’ Decisions to Invest in Peer-to-Peer Lending in Indonesia

Social Science Research Network, Apr 2, 2020

Research paper thumbnail of Can Traditional Retailers Use Strategy to Fight Against Modern Attacks

AFEBI management and business review, Jun 10, 2018

Research paper thumbnail of Exploring the Critical Factors Affecting Lender Trust to Invest in Online Peer-to-Peer Lending in Indonesia

SSRN Electronic Journal, 2021

This study aims to evaluate critical factors that drive lender trust in the platform to provide l... more This study aims to evaluate critical factors that drive lender trust in the platform to provide lend through a Peer-to-Peer (P2P) Lending Platform. P2P lending is a financial technology that facilitates lending mechanisms between lenders and borrowers through the Internet without collateral and financial institutions' involvement. Thus, lenders should trust the platform to willingly making a transaction using the online lending systems. We hypothesize that perceived regulatory protection, service quality, and security protection build the lender's trust in the P2P lending platform and investor willingness to invest. We test the model using empirical data from 180 participants experienced in Indonesia P2P lending using the structural equation (SEM) method. The results show that Willingness to Lend is significantly affected by Trust in Platform, while Perceived Regulatory Protection, Service Quality and Security Protection are significant factors influencing lenders' Trust in the Platform.

Research paper thumbnail of Analisis pengaruh pembiayaan produktif terhadap peningkatan konsumsi : studi kasus pada Masyarakat Mandiri Dompet Dhuafa Republika = The analysis productive financing to increased of consumption : case study in Masyarakat Mandiri Dompet Dhuafa Republika

Research paper thumbnail of Strategy Needed by Traditional Retail to Face Modern Retail Attack: Case Study in Depok Indonesia

SSRN Electronic Journal, 2015

Traditional retail in indonesia has a very strategic role in indonesia’s economy, due to it’s rol... more Traditional retail in indonesia has a very strategic role in indonesia’s economy, due to it’s role to absorb employment in informal sector. The attack from modern retail in the form of franchised mini market has endangered the existence of traditional retail.The research is aimed to investigate how does traditional retail deliver strategic response to the presence of modern retail, and to investigate whether there are differences in performance among business entities that uses different strategic response, and when there are differences, which strategic response give the best result in performance when responding to the competition with modern retail.The questionnaires are distributed to 109 respondents using convenience sampling with quota.The ANOVA analysis was done to respondent data that buying at respective type of retail, and shows that there is not any significant proof that strategic response developed by traditional retails are differs one another, both in essence and in performance. There is not enough proof that the performance of traditional retails were below the performance of modern retail, and that the best strategic group in traditional retail could surpass the performance of modern retail.

Research paper thumbnail of How Does Public Service Motivation Explain Knowledge Sharing Behavior among Indonesian Civil Servants?

Jurnal Bina Praja

The Indonesian government conducted bureaucratic reforms to create excellent and clean governance... more The Indonesian government conducted bureaucratic reforms to create excellent and clean governance. The reforms need government institutions to utilize the wealth of knowledge they have. However, knowledge is still scattered among institutions employees and not well documented. Thus, it is critical to apply knowledge management, especially to share the knowledge. This study aims to determine the antecedents that influence knowledge-sharing behavior among Indonesian civil servants (Aparatur Sipil Negara, ASN), especially in the finance ministry, which is the scope of this research. This research analyzes the effect of job autonomy on knowledge-sharing behavior. This study also examines the mediating role of public service motivation and intrinsic motivation. We spread the questionnaire across seven echelons III working units in the headquarters of the finance ministry. The researchers limited respondents to work periods of more than one year and collected 252 valid responses. The rese...

Research paper thumbnail of Exploring the Critical Factors Affecting Lender Trust to Invest in Online Peer-to-Peer Lending in Indonesia

Proceedings of the 37th International Business Information Management Association (IBIMA), 30-31 May 2021, Cordoba, Spain, ISBN: 978-0-9998551-6-4, ISSN: 2767-9640, 2021

This study aims to evaluate critical factors that drive lender trust in the platform to provide l... more This study aims to evaluate critical factors that drive lender trust in the platform to provide lend through a Peer-to-Peer (P2P) Lending Platform. P2P lending is a financial technology that facilitates lending mechanisms between lenders and borrowers through the Internet without collateral and financial institutions' involvement. Thus, lenders should trust the platform to willingly making a transaction using the online lending systems. We hypothesize that perceived regulatory protection, service quality, and security protection build the lender's trust in the P2P lending platform and investor willingness to invest. We test the model using empirical data from 180 participants experienced in Indonesia P2P lending using the structural equation (SEM) method. The results show that Willingness to Lend is significantly affected by Trust in Platform, while Perceived Regulatory Protection, Service Quality and Security Protection are significant factors influencing lenders' Trust...

Research paper thumbnail of What Factors Affect the Intention to Borrow Through Peer to Peer Lending in Indonesia?

Banking & Insurance eJournal, 2020

This research aims to investigate various intentions that influence borrowers in using a technolo... more 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 through peer-to-peer lending. The linear regression results that have been done show that trust, perceived risk, utilitarian value, and perceived cost have a significant effect on the intention to borrow through peer-to-peer lending whereas ease of use shows insignificant results. The limitations of this study emphasize the first ten peer-to-peer lending companies registered with the OJK. Also, this study consisted of five factors measured against the intention to borrow through peer-to-peer lending.

Research paper thumbnail of How Venture Capital Firms Evaluate Indonesian Start-Ups For Financing

ERN: Other Development Economics: Microeconomic Issues in Developing Economies (Topic), 2019

This study discusses the investment evaluation criteria employed by venture capital firms in deci... more This study discusses the investment evaluation criteria employed by venture capital firms in deciding to invest in potential Indonesian start-up companies. Based on the literature, we observed 12 investment evaluation criteria commonly used by venture capital firms (VCFs) around the world. In this study, we evaluate whether VCFs investing in Indonesian start-ups employ the same criteria. This research was conducted using a questionnaire that employed a Likert-scale of 1-4, applied correspondingly to the answers as irrelevant, desirable, important, and essential criteria. The unit of analysis is Venture Capital Firms (VCFs) investing in start-ups as business partners in Indonesia, mostly in the Jabodetabek and Bandung area. Study participants were representatives of VCFs who occupied a strategic position in the firms and were therefore able to understand the condition and point of view of each VCF. Out of the 35 VCFs accessed, 19 were willing to fill out the questionnaire. We found t...

Research paper thumbnail of How Perceived Risk Affects Continuance Intention to Invest through Peer-to-Peer Lending Platforms: Indonesia Case

Economics of Networks eJournal, 2019

This study aims to analyze how perceived financial risk affects an investor’s decision to invest ... more 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 perceptions regarding the financial risk of investing through the platform. We collected data from 107respondents who are investors in a P2P lending platform in Indonesia using a closed questionnaire on a 6-point Likert scale. After conducting reliability and validity tests, we analyze the data using the PLS-SEM method. We found that both perceived information asymmetry and perceived regulatory uncertainty positively affect an investor’s financial risk perceptions, while perceived financial risk negatively affects an investor’s continuance intention. However, perceived financial risk's ability to explain an investor’s intention to invest continuously is only 16.5%, despite that the perceived inf...

Research paper thumbnail of Can Traditional Retailers Use Conventional Strategy to Fight Against Modern Retailers Attacks ?

Despite rapid growth in online type, the majority Indonesian retail market is offline shopping be... more Despite rapid growth in online type, the majority Indonesian retail market is offline shopping because of households disperse across thousand cities and islands. However, the threat comes from corporatized modern retailers. Typically, attacks from modern retailers in the form of franchised minimarkets endangered the existence of traditional retailers which generally are small sized and independently owned by individual or household. This research investigates how traditional retailers can deliver a strategic response to the presence of modern retailers, and to examine whether there are differences in performance among business entities that use different strategic responses. We also investigate if there are differences, which strategic response would give the best result in performance. Questionnaires were distributed to 109 respondents using convenience sampling. An ANOVA was done at respective types of retailers' buyers. There is no significant evidence that the strategic resp...

Research paper thumbnail of What Factors Affect the Intention to Borrow Through Peer to Peer Lending in Indonesia?

Banking & Insurance eJournal, 2020

This research aims to investigate various intentions that influence borrowers in using a technolo... more 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 through peer-to-peer lending. The linear regression results that have been done show that trust, perceived risk, utilitarian value, and perceived cost have a significant effect on the intention to borrow through peer-to-peer lending whereas ease of use shows insignificant results. The limitations of this study emphasize the first ten peer-to-peer lending companies registered with the OJK. Also, this study consisted of five factors measured against the intention to borrow through peer-to-peer lending.

Research paper thumbnail of How Venture Capital Firms Evaluate Indonesian Start-Ups For Financing

ERN: Other Development Economics: Microeconomic Issues in Developing Economies (Topic), 2019

This study discusses the investment evaluation criteria employed by venture capital firms in deci... more This study discusses the investment evaluation criteria employed by venture capital firms in deciding to invest in potential Indonesian start-up companies. Based on the literature, we observed 12 investment evaluation criteria commonly used by venture capital firms (VCFs) around the world. In this study, we evaluate whether VCFs investing in Indonesian start-ups employ the same criteria. This research was conducted using a questionnaire that employed a Likert-scale of 1-4, applied correspondingly to the answers as irrelevant, desirable, important, and essential criteria. The unit of analysis is Venture Capital Firms (VCFs) investing in start-ups as business partners in Indonesia, mostly in the Jabodetabek and Bandung area. Study participants were representatives of VCFs who occupied a strategic position in the firms and were therefore able to understand the condition and point of view of each VCF. Out of the 35 VCFs accessed, 19 were willing to fill out the questionnaire. We found t...

Research paper thumbnail of The Effect of Lender’s Protection on Online Peer-to-Peer Lending in Indonesia

This study aims to analyze how lender protection for default risk provided by peer to peer lendin... more This study aims to analyze how lender protection for default risk provided by peer to peer lending platform (P2P) effect to prospective lenders’ lending intentions in Indonesia, and use platform trust as the mediating variable. We collected and summarized protection terms provided by P2P platform through examined 17 platforms websites and interview two platforms’ management. We also survey 303 respondents accessed through online questionnaire. Analysis of this study used Path Analysis of Structural Equation Model (SEM) method run with LISREL software. Respondents are prospective lenders who familiar with P2P Lending concept and some of them are real lenders. We found that there are several policy perceived as protection for lenders, such as having SLIK checking, using machine learning technology to record and analyze loan, joining in international forums related to credit risk management and collaborate with financing company to overcome the risk of shortage fund. We also found that...

Research paper thumbnail of Electronic WOM effectiveness from online social network perspectives in Indonesia

Research paper thumbnail of Can Traditional Retailers Use Strategy to Fight Against Modern Attacks?

AFEBI Management and Business Review

Despite rapid growth in online type, the majority Indonesian retail market is offline shopping be... more Despite rapid growth in online type, the majority Indonesian retail market is offline shopping because of households disperse across thousand cities and islands. However, the threat comes from corporatized modern retailers. Typically, attacks from modern retailers in the form of franchised minimarkets endangered the existence of traditional retailers which generally are small sized and independently owned by individual or household. This research investigates how traditional retailers can deliver a strategic response to the presence of modern retailers, and to examine whether there are differences in performance among business entities that use different strategic responses. We also investigate if there are differences, which strategic response would give the best result in performance. Questionnaires were distributed to 109 respondents using convenience sampling. An ANOVA was done at respective types of retailers' buyers. There is no significant evidence that the strategic res...

Research paper thumbnail of What Factors Affect the Intention to Borrow Through Peer to Peer Lending in Indonesia

This research aims to investigate various intentions that influence borrowers in using a technolo... more 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 borrower through peer to peer lending. The linear regression results that have been done show that trust, perceived risk, utilitarian value, and perceived cost have a significant effect on intention to borrow through peer to peer lending whereas ease of use shows insignificant results. The limitations of this study emphasize the first ten peer to peer lending companies registered with the OJK. Also, this study consisted of five factors measured against intention to borrow through peer to peer lending.

Research paper thumbnail of Pengambilan Keputusan Manajerial

Research paper thumbnail of Pengambilan keputusan manajerial : teori dan praktik untuk manajer dan akademisi/ Triono

xii, 134 hal.: ill, tab.; 24 cm

Research paper thumbnail of Entrepreneurial Orientation toward Access to Finance of Start-ups in Indonesia

Social Science Research Network, Apr 2, 2020

This paper aims to evaluate how entrepreneurial orientation affects the access a startup has to f... more This paper aims to evaluate how entrepreneurial orientation affects the access a startup has to financing, 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 company's growth mediates those relationships. For this research, we use primary data from surveys distributed to the CEOs or managers of startups in Indonesia collected through e-mail, WhatsApp, and social media. The data collected is then processed using the multiple regression and binary logistic methods with the help of SPSS software. Linear regression reveals that risk taking positively affects startup growth, as does innovativeness. However, there is no evidence that proactiveness affects the growth of startups. Furthermore, our logistic regression showed that startups with high growth had a much greater chance of generating funds from venture capital firms. However, growth alone cannot attract angel investors for provide financing for startups. This finding indicates that start-up founders should highlight different aspects of their operations when seeking suitable investors.

Research paper thumbnail of Platform Reputation Effects in Lenders’ Decisions to Invest in Peer-to-Peer Lending in Indonesia

Social Science Research Network, Apr 2, 2020

Research paper thumbnail of Can Traditional Retailers Use Strategy to Fight Against Modern Attacks

AFEBI management and business review, Jun 10, 2018

Research paper thumbnail of Exploring the Critical Factors Affecting Lender Trust to Invest in Online Peer-to-Peer Lending in Indonesia

SSRN Electronic Journal, 2021

This study aims to evaluate critical factors that drive lender trust in the platform to provide l... more This study aims to evaluate critical factors that drive lender trust in the platform to provide lend through a Peer-to-Peer (P2P) Lending Platform. P2P lending is a financial technology that facilitates lending mechanisms between lenders and borrowers through the Internet without collateral and financial institutions' involvement. Thus, lenders should trust the platform to willingly making a transaction using the online lending systems. We hypothesize that perceived regulatory protection, service quality, and security protection build the lender's trust in the P2P lending platform and investor willingness to invest. We test the model using empirical data from 180 participants experienced in Indonesia P2P lending using the structural equation (SEM) method. The results show that Willingness to Lend is significantly affected by Trust in Platform, while Perceived Regulatory Protection, Service Quality and Security Protection are significant factors influencing lenders' Trust in the Platform.

Research paper thumbnail of Analisis pengaruh pembiayaan produktif terhadap peningkatan konsumsi : studi kasus pada Masyarakat Mandiri Dompet Dhuafa Republika = The analysis productive financing to increased of consumption : case study in Masyarakat Mandiri Dompet Dhuafa Republika

Research paper thumbnail of Strategy Needed by Traditional Retail to Face Modern Retail Attack: Case Study in Depok Indonesia

SSRN Electronic Journal, 2015

Traditional retail in indonesia has a very strategic role in indonesia’s economy, due to it’s rol... more Traditional retail in indonesia has a very strategic role in indonesia’s economy, due to it’s role to absorb employment in informal sector. The attack from modern retail in the form of franchised mini market has endangered the existence of traditional retail.The research is aimed to investigate how does traditional retail deliver strategic response to the presence of modern retail, and to investigate whether there are differences in performance among business entities that uses different strategic response, and when there are differences, which strategic response give the best result in performance when responding to the competition with modern retail.The questionnaires are distributed to 109 respondents using convenience sampling with quota.The ANOVA analysis was done to respondent data that buying at respective type of retail, and shows that there is not any significant proof that strategic response developed by traditional retails are differs one another, both in essence and in performance. There is not enough proof that the performance of traditional retails were below the performance of modern retail, and that the best strategic group in traditional retail could surpass the performance of modern retail.

Research paper thumbnail of How Does Public Service Motivation Explain Knowledge Sharing Behavior among Indonesian Civil Servants?

Jurnal Bina Praja

The Indonesian government conducted bureaucratic reforms to create excellent and clean governance... more The Indonesian government conducted bureaucratic reforms to create excellent and clean governance. The reforms need government institutions to utilize the wealth of knowledge they have. However, knowledge is still scattered among institutions employees and not well documented. Thus, it is critical to apply knowledge management, especially to share the knowledge. This study aims to determine the antecedents that influence knowledge-sharing behavior among Indonesian civil servants (Aparatur Sipil Negara, ASN), especially in the finance ministry, which is the scope of this research. This research analyzes the effect of job autonomy on knowledge-sharing behavior. This study also examines the mediating role of public service motivation and intrinsic motivation. We spread the questionnaire across seven echelons III working units in the headquarters of the finance ministry. The researchers limited respondents to work periods of more than one year and collected 252 valid responses. The rese...

Research paper thumbnail of Exploring the Critical Factors Affecting Lender Trust to Invest in Online Peer-to-Peer Lending in Indonesia

Proceedings of the 37th International Business Information Management Association (IBIMA), 30-31 May 2021, Cordoba, Spain, ISBN: 978-0-9998551-6-4, ISSN: 2767-9640, 2021

This study aims to evaluate critical factors that drive lender trust in the platform to provide l... more This study aims to evaluate critical factors that drive lender trust in the platform to provide lend through a Peer-to-Peer (P2P) Lending Platform. P2P lending is a financial technology that facilitates lending mechanisms between lenders and borrowers through the Internet without collateral and financial institutions' involvement. Thus, lenders should trust the platform to willingly making a transaction using the online lending systems. We hypothesize that perceived regulatory protection, service quality, and security protection build the lender's trust in the P2P lending platform and investor willingness to invest. We test the model using empirical data from 180 participants experienced in Indonesia P2P lending using the structural equation (SEM) method. The results show that Willingness to Lend is significantly affected by Trust in Platform, while Perceived Regulatory Protection, Service Quality and Security Protection are significant factors influencing lenders' Trust...

Research paper thumbnail of What Factors Affect the Intention to Borrow Through Peer to Peer Lending in Indonesia?

Banking & Insurance eJournal, 2020

This research aims to investigate various intentions that influence borrowers in using a technolo... more 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 through peer-to-peer lending. The linear regression results that have been done show that trust, perceived risk, utilitarian value, and perceived cost have a significant effect on the intention to borrow through peer-to-peer lending whereas ease of use shows insignificant results. The limitations of this study emphasize the first ten peer-to-peer lending companies registered with the OJK. Also, this study consisted of five factors measured against the intention to borrow through peer-to-peer lending.

Research paper thumbnail of How Venture Capital Firms Evaluate Indonesian Start-Ups For Financing

ERN: Other Development Economics: Microeconomic Issues in Developing Economies (Topic), 2019

This study discusses the investment evaluation criteria employed by venture capital firms in deci... more This study discusses the investment evaluation criteria employed by venture capital firms in deciding to invest in potential Indonesian start-up companies. Based on the literature, we observed 12 investment evaluation criteria commonly used by venture capital firms (VCFs) around the world. In this study, we evaluate whether VCFs investing in Indonesian start-ups employ the same criteria. This research was conducted using a questionnaire that employed a Likert-scale of 1-4, applied correspondingly to the answers as irrelevant, desirable, important, and essential criteria. The unit of analysis is Venture Capital Firms (VCFs) investing in start-ups as business partners in Indonesia, mostly in the Jabodetabek and Bandung area. Study participants were representatives of VCFs who occupied a strategic position in the firms and were therefore able to understand the condition and point of view of each VCF. Out of the 35 VCFs accessed, 19 were willing to fill out the questionnaire. We found t...

Research paper thumbnail of How Perceived Risk Affects Continuance Intention to Invest through Peer-to-Peer Lending Platforms: Indonesia Case

Economics of Networks eJournal, 2019

This study aims to analyze how perceived financial risk affects an investor’s decision to invest ... more 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 perceptions regarding the financial risk of investing through the platform. We collected data from 107respondents who are investors in a P2P lending platform in Indonesia using a closed questionnaire on a 6-point Likert scale. After conducting reliability and validity tests, we analyze the data using the PLS-SEM method. We found that both perceived information asymmetry and perceived regulatory uncertainty positively affect an investor’s financial risk perceptions, while perceived financial risk negatively affects an investor’s continuance intention. However, perceived financial risk's ability to explain an investor’s intention to invest continuously is only 16.5%, despite that the perceived inf...

Research paper thumbnail of Can Traditional Retailers Use Conventional Strategy to Fight Against Modern Retailers Attacks ?

Despite rapid growth in online type, the majority Indonesian retail market is offline shopping be... more Despite rapid growth in online type, the majority Indonesian retail market is offline shopping because of households disperse across thousand cities and islands. However, the threat comes from corporatized modern retailers. Typically, attacks from modern retailers in the form of franchised minimarkets endangered the existence of traditional retailers which generally are small sized and independently owned by individual or household. This research investigates how traditional retailers can deliver a strategic response to the presence of modern retailers, and to examine whether there are differences in performance among business entities that use different strategic responses. We also investigate if there are differences, which strategic response would give the best result in performance. Questionnaires were distributed to 109 respondents using convenience sampling. An ANOVA was done at respective types of retailers' buyers. There is no significant evidence that the strategic resp...

Research paper thumbnail of What Factors Affect the Intention to Borrow Through Peer to Peer Lending in Indonesia?

Banking & Insurance eJournal, 2020

This research aims to investigate various intentions that influence borrowers in using a technolo... more 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 through peer-to-peer lending. The linear regression results that have been done show that trust, perceived risk, utilitarian value, and perceived cost have a significant effect on the intention to borrow through peer-to-peer lending whereas ease of use shows insignificant results. The limitations of this study emphasize the first ten peer-to-peer lending companies registered with the OJK. Also, this study consisted of five factors measured against the intention to borrow through peer-to-peer lending.

Research paper thumbnail of How Venture Capital Firms Evaluate Indonesian Start-Ups For Financing

ERN: Other Development Economics: Microeconomic Issues in Developing Economies (Topic), 2019

This study discusses the investment evaluation criteria employed by venture capital firms in deci... more This study discusses the investment evaluation criteria employed by venture capital firms in deciding to invest in potential Indonesian start-up companies. Based on the literature, we observed 12 investment evaluation criteria commonly used by venture capital firms (VCFs) around the world. In this study, we evaluate whether VCFs investing in Indonesian start-ups employ the same criteria. This research was conducted using a questionnaire that employed a Likert-scale of 1-4, applied correspondingly to the answers as irrelevant, desirable, important, and essential criteria. The unit of analysis is Venture Capital Firms (VCFs) investing in start-ups as business partners in Indonesia, mostly in the Jabodetabek and Bandung area. Study participants were representatives of VCFs who occupied a strategic position in the firms and were therefore able to understand the condition and point of view of each VCF. Out of the 35 VCFs accessed, 19 were willing to fill out the questionnaire. We found t...

Research paper thumbnail of The Effect of Lender’s Protection on Online Peer-to-Peer Lending in Indonesia

This study aims to analyze how lender protection for default risk provided by peer to peer lendin... more This study aims to analyze how lender protection for default risk provided by peer to peer lending platform (P2P) effect to prospective lenders’ lending intentions in Indonesia, and use platform trust as the mediating variable. We collected and summarized protection terms provided by P2P platform through examined 17 platforms websites and interview two platforms’ management. We also survey 303 respondents accessed through online questionnaire. Analysis of this study used Path Analysis of Structural Equation Model (SEM) method run with LISREL software. Respondents are prospective lenders who familiar with P2P Lending concept and some of them are real lenders. We found that there are several policy perceived as protection for lenders, such as having SLIK checking, using machine learning technology to record and analyze loan, joining in international forums related to credit risk management and collaborate with financing company to overcome the risk of shortage fund. We also found that...

Research paper thumbnail of Electronic WOM effectiveness from online social network perspectives in Indonesia

Research paper thumbnail of Can Traditional Retailers Use Strategy to Fight Against Modern Attacks?

AFEBI Management and Business Review

Despite rapid growth in online type, the majority Indonesian retail market is offline shopping be... more Despite rapid growth in online type, the majority Indonesian retail market is offline shopping because of households disperse across thousand cities and islands. However, the threat comes from corporatized modern retailers. Typically, attacks from modern retailers in the form of franchised minimarkets endangered the existence of traditional retailers which generally are small sized and independently owned by individual or household. This research investigates how traditional retailers can deliver a strategic response to the presence of modern retailers, and to examine whether there are differences in performance among business entities that use different strategic responses. We also investigate if there are differences, which strategic response would give the best result in performance. Questionnaires were distributed to 109 respondents using convenience sampling. An ANOVA was done at respective types of retailers' buyers. There is no significant evidence that the strategic res...

Research paper thumbnail of What Factors Affect the Intention to Borrow Through Peer to Peer Lending in Indonesia

This research aims to investigate various intentions that influence borrowers in using a technolo... more 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 borrower through peer to peer lending. The linear regression results that have been done show that trust, perceived risk, utilitarian value, and perceived cost have a significant effect on intention to borrow through peer to peer lending whereas ease of use shows insignificant results. The limitations of this study emphasize the first ten peer to peer lending companies registered with the OJK. Also, this study consisted of five factors measured against intention to borrow through peer to peer lending.