Indra Suhendra | Sultan Ageng Tirtayasa University (original) (raw)

Papers by Indra Suhendra

Jurnal Riset Bisnis dan Manajemen Tirtayasa, May 30, 2017

The purpose of this research is to know the implementation of employees training and achievement ... more The purpose of this research is to know the implementation of employees training and achievement motivation on employees performance. Also to determine whether the employees competence mediates employees training and achievement motivation on employees performance in PDAM Lebak. This study uses a quantitative and descriptive approach, using research methods causality. This study was conducted in PDAM Lebak. Samples are 71 respondents and the data were analyzed using WarpPLS. The results of this study show that: 1). employees training is influential positive and significant on employee’s performance, 2). achievement motivation is influential positive and significant on employee’s performance, 3). employees training is influential positive and significant on the competence, 4). achievement motivation is influential positive and significant on the competence, 5). employee’s competence is influential positive and significant on employee performance. Competence partially mediate between employees training and achievement motivation on employee performance.

The purpose of this research is to know the implementation of employees training and achievement ... more The purpose of this research is to know the implementation of employees training and achievement motivation on employees performance. Also to determine whether the employees competence mediates employees training and achievement motivation on employees performance in PDAM Lebak. This study uses a quantitative and descriptive approach, using research methods causality. This study was conducted in PDAM Lebak. Samples are 71 respondents and the data were analyzed using WarpPLS. The results of this study show that: 1). employees training is influential positive and significant on employee's performance, 2). achievement motivation is influential positive and significant on employee's performance, 3). employees training is influential positive and significant on the competence, 4). achievement motivation is influential positive and significant on the competence, 5). employee's competence is influential positive and significant on employee performance. Competence partially medi...

Journal of Applied Econometrics, 2019

Buletin Ekonomi Moneter dan Perbankan, 2004

In a free floating rate system, the exchange rate is determined directly by market forces, and is... more In a free floating rate system, the exchange rate is determined directly by market forces, and is liable to fluctuate continually, to follow changing market condition. This system assumes the absence of any systematic government intervention in the foreign exchange market, so exchange rate will move freely in response to market force. It mean that exchange rate is determined by fundamentals, risk, and exchange rate (Rp/US$) expectation factor.The purpose of this research is to identify the problems of the correlation of fundamental factor (like is differences of interest rate, relative prices rate, Real GDP, money supply, net foreign assets, foreign direct investment, foreign indirect investment, external debt growth, payment of private external debt, export, and import), risk factor (country risk index), and expectation of exchange rate (Rp/US$) against rupiah’s exchange rate after applying the freely floating exchange rate system in august 14, 1997. This research use time series f...

SSRN Electronic Journal, 2021

This study examines size as a variable that can strengthen and weaken the relationship between de... more This study examines size as a variable that can strengthen and weaken the relationship between debt policy and dividend policy. Presearch using a sample of 26 companies of 65 population Basic industrial and chemical manufacturing companies listed on the Indonesia Stock Exchange in 2011-2015, which is determined by purposive technique. The variables observed include debt policy as an independent variable, dividend policy as the dependent variable, and firm size as a moderating variable. The analysis tool uses regression moderating analysis (MRA). The results prove that the Debt to Asset Ratio (DAR) has a negative and insignificant effect on the Dividend Payout Ratio (DPR), firm size negatively moderates and there is a significant relationship between capital structure and dividend policy.

This study examines the influence of the human capital (HC) variable on economic growth (EG) in I... more This study examines the influence of the human capital (HC) variable on economic growth (EG) in Indonesia. The study used a panel data model with fixed effect estimates for 34 provinces from 2011 to 2019. We used the education index formula from the United Nations Development Program (UNDP) to estimate human capital. The results showed that the human capital variable in the current year (HC) to human capital year-3 (HCt-3) had a negative and significant effect on economic growth. Meanwhile, variable of the human capital year-5 (HCt-5) to human capital year-7 (HCt-7), has a significant positive effect on economic growth. This study also found that the human capital variable year-4 (HCt-4), although the direction is positive, is not statistically significant for economic growth. This paper is useful for policy makers in Indonesia to increase human capital by improving the quality of education .

Journal of Asian Finance, Economics and Business, 2021

This study investigates the presence of the day-of-the-week anomaly in exchange rate for 30 devel... more This study investigates the presence of the day-of-the-week anomaly in exchange rate for 30 developing countries with free floating exchange rate regimes using daily data from January 2, 2011 to December 31, 2019. First, we apply the GARCH panel to estimate the intraday effect for all the sampled countries. Second, we run poolability test to check whether the coefficients of the GARCH panel are the same for all countries sampled. The result of poolability test rejects the homogeneity assumption. This implies that our sample countries contain heterogeneity. Third, we apply mean-group estimation by averaging the coefficients for all individual GARCH estimations. Fourth, we divided our sample of developing countries into three groups based on capital restriction index for the reason that the effect of monetary policy on the exchange rate depends on the degree of capital account liberalization. The empirical evidence for the return equation suggests that Mondays are connected with lower...

Jurnal Ekonomi-Qu, 2019

This research aims to analyze the impact of Gross Domestic Product (GDP), Real Effective Exchange... more This research aims to analyze the impact of Gross Domestic Product (GDP), Real Effective Exchange Rate (REER), differences in interest rates and inflation on capital flight in eight developing countries of ASEAN regions. This research uses secondary data during the periods of 2007-2016. The research methodology used in this study is panel data regression with FEM (Fixed Effect Model). The results of this research show that simultaneously, Gross Domestic Product (GDP), Real Effective Exchange Rate (REER), differences in interest rates and inflation have significant impact on capital flight. Partially, all of variables have significant positive impact on capital flight. However, the variable of REER shows insignificant to capital flight.

Human capital is very important and crucial. Its existence can encourage a faster acceleration in... more Human capital is very important and crucial. Its existence can encourage a faster acceleration in a country's economic growth. This research was conducted to study the determinants of human capital in the context of provinces in Indonesia, which consists of per capita GRDP, availability of per capita deposits, per capita health sector budget realization, and per capita education budget realization during the period 2015 to 2019. Human capital is calculated using the average years of schooling and the expected years of schooling which are formulated in an education index as the UNDP's education index formula in estimating human capital. The findings of this research are that human capital in the current year is positively and significantly affected by per capita GRDP, per capita health sector budget realization, and per capita education budget realization. Also affected positively but not significantly by the availability of savings per capita. This research is useful for pol...

Penelitian ini bertujuan untuk menganalisis pengaruh strategi green marketing dan pengetahuan lin... more Penelitian ini bertujuan untuk menganalisis pengaruh strategi green marketing dan pengetahuan lingkungan secara langsung terhadap minat beli, serta pengaruh tidak langsung dari strategi green marketing dan pengetahuan lingkungan terhadap keputusan pembelian melalui minat beli sebagai variabel intervening. Data dikumpulkan dalam penelitian ini melalui metode kuesioner terhadap 88 responden. Teknik pengambilan sampel menggunakan metode purposive sampling , berdasarkan kriteria member Tupperware yang tinggal di kota Rangkasbitung. Metode analisis yang digunakan adalah analisis kuantitatif meliputi uji validitas dan reliabilitas, uji asumsi klasik, serta uji hipotesis menggunakan analisis jalur dengan bantuan program SPSS versi 20 dan Sobel Test. Hasil penelitian ini membuktikan bahwa green marketing dan pengetahuan lingkungan memiliki pengaruh yang positif dan signifikan terhadap minat beli dan keputusan pembelian, namun minat beli tidak terbukti menjadi variabel intervening terhadap h...

National Conference on Applied Business, Education, & Technology (NCABET)

This study aims to analyze the convergence process of educational outcomes in Indonesia and deter... more This study aims to analyze the convergence process of educational outcomes in Indonesia and determine the role of government budget allocation in accelerating convergence by observing all regions from 2010-2019. According to the results of the σ-convergence analysis, it is found that the dispersion explains the convergence process of the educational index gap. Then confirmed by the results of conditional β-convergence analysis by the System-GMM model, it was found that the convergence speed was relatively slow. This is a consequence of the role of government budget management which has not been optimal. In terms of regional revenues, it is found that the specific purpose transfer and the general purpose transfer have a significant negative effect on the convergence of the education index. Then from the expenditure side, it is known that direct expenditure has a significant positive effect on convergence, while indirect expenditure is not significant. Thus, this evidence opens up opp...

Jurnal Ekonomi-Qu, Oct 31, 2016

Jurnal Riset Bisnis dan Manajemen Tirtayasa, May 30, 2017

The purpose of this research is to know the implementation of employees training and achievement ... more The purpose of this research is to know the implementation of employees training and achievement motivation on employees performance. Also to determine whether the employees competence mediates employees training and achievement motivation on employees performance in PDAM Lebak. This study uses a quantitative and descriptive approach, using research methods causality. This study was conducted in PDAM Lebak. Samples are 71 respondents and the data were analyzed using WarpPLS. The results of this study show that: 1). employees training is influential positive and significant on employee’s performance, 2). achievement motivation is influential positive and significant on employee’s performance, 3). employees training is influential positive and significant on the competence, 4). achievement motivation is influential positive and significant on the competence, 5). employee’s competence is influential positive and significant on employee performance. Competence partially mediate between employees training and achievement motivation on employee performance.

The purpose of this research is to know the implementation of employees training and achievement ... more The purpose of this research is to know the implementation of employees training and achievement motivation on employees performance. Also to determine whether the employees competence mediates employees training and achievement motivation on employees performance in PDAM Lebak. This study uses a quantitative and descriptive approach, using research methods causality. This study was conducted in PDAM Lebak. Samples are 71 respondents and the data were analyzed using WarpPLS. The results of this study show that: 1). employees training is influential positive and significant on employee's performance, 2). achievement motivation is influential positive and significant on employee's performance, 3). employees training is influential positive and significant on the competence, 4). achievement motivation is influential positive and significant on the competence, 5). employee's competence is influential positive and significant on employee performance. Competence partially medi...

Journal of Applied Econometrics, 2019

Buletin Ekonomi Moneter dan Perbankan, 2004

In a free floating rate system, the exchange rate is determined directly by market forces, and is... more In a free floating rate system, the exchange rate is determined directly by market forces, and is liable to fluctuate continually, to follow changing market condition. This system assumes the absence of any systematic government intervention in the foreign exchange market, so exchange rate will move freely in response to market force. It mean that exchange rate is determined by fundamentals, risk, and exchange rate (Rp/US$) expectation factor.The purpose of this research is to identify the problems of the correlation of fundamental factor (like is differences of interest rate, relative prices rate, Real GDP, money supply, net foreign assets, foreign direct investment, foreign indirect investment, external debt growth, payment of private external debt, export, and import), risk factor (country risk index), and expectation of exchange rate (Rp/US$) against rupiah’s exchange rate after applying the freely floating exchange rate system in august 14, 1997. This research use time series f...

SSRN Electronic Journal, 2021

This study examines size as a variable that can strengthen and weaken the relationship between de... more This study examines size as a variable that can strengthen and weaken the relationship between debt policy and dividend policy. Presearch using a sample of 26 companies of 65 population Basic industrial and chemical manufacturing companies listed on the Indonesia Stock Exchange in 2011-2015, which is determined by purposive technique. The variables observed include debt policy as an independent variable, dividend policy as the dependent variable, and firm size as a moderating variable. The analysis tool uses regression moderating analysis (MRA). The results prove that the Debt to Asset Ratio (DAR) has a negative and insignificant effect on the Dividend Payout Ratio (DPR), firm size negatively moderates and there is a significant relationship between capital structure and dividend policy.

This study examines the influence of the human capital (HC) variable on economic growth (EG) in I... more This study examines the influence of the human capital (HC) variable on economic growth (EG) in Indonesia. The study used a panel data model with fixed effect estimates for 34 provinces from 2011 to 2019. We used the education index formula from the United Nations Development Program (UNDP) to estimate human capital. The results showed that the human capital variable in the current year (HC) to human capital year-3 (HCt-3) had a negative and significant effect on economic growth. Meanwhile, variable of the human capital year-5 (HCt-5) to human capital year-7 (HCt-7), has a significant positive effect on economic growth. This study also found that the human capital variable year-4 (HCt-4), although the direction is positive, is not statistically significant for economic growth. This paper is useful for policy makers in Indonesia to increase human capital by improving the quality of education .

Journal of Asian Finance, Economics and Business, 2021

This study investigates the presence of the day-of-the-week anomaly in exchange rate for 30 devel... more This study investigates the presence of the day-of-the-week anomaly in exchange rate for 30 developing countries with free floating exchange rate regimes using daily data from January 2, 2011 to December 31, 2019. First, we apply the GARCH panel to estimate the intraday effect for all the sampled countries. Second, we run poolability test to check whether the coefficients of the GARCH panel are the same for all countries sampled. The result of poolability test rejects the homogeneity assumption. This implies that our sample countries contain heterogeneity. Third, we apply mean-group estimation by averaging the coefficients for all individual GARCH estimations. Fourth, we divided our sample of developing countries into three groups based on capital restriction index for the reason that the effect of monetary policy on the exchange rate depends on the degree of capital account liberalization. The empirical evidence for the return equation suggests that Mondays are connected with lower...

Jurnal Ekonomi-Qu, 2019

This research aims to analyze the impact of Gross Domestic Product (GDP), Real Effective Exchange... more This research aims to analyze the impact of Gross Domestic Product (GDP), Real Effective Exchange Rate (REER), differences in interest rates and inflation on capital flight in eight developing countries of ASEAN regions. This research uses secondary data during the periods of 2007-2016. The research methodology used in this study is panel data regression with FEM (Fixed Effect Model). The results of this research show that simultaneously, Gross Domestic Product (GDP), Real Effective Exchange Rate (REER), differences in interest rates and inflation have significant impact on capital flight. Partially, all of variables have significant positive impact on capital flight. However, the variable of REER shows insignificant to capital flight.

Human capital is very important and crucial. Its existence can encourage a faster acceleration in... more Human capital is very important and crucial. Its existence can encourage a faster acceleration in a country's economic growth. This research was conducted to study the determinants of human capital in the context of provinces in Indonesia, which consists of per capita GRDP, availability of per capita deposits, per capita health sector budget realization, and per capita education budget realization during the period 2015 to 2019. Human capital is calculated using the average years of schooling and the expected years of schooling which are formulated in an education index as the UNDP's education index formula in estimating human capital. The findings of this research are that human capital in the current year is positively and significantly affected by per capita GRDP, per capita health sector budget realization, and per capita education budget realization. Also affected positively but not significantly by the availability of savings per capita. This research is useful for pol...

Penelitian ini bertujuan untuk menganalisis pengaruh strategi green marketing dan pengetahuan lin... more Penelitian ini bertujuan untuk menganalisis pengaruh strategi green marketing dan pengetahuan lingkungan secara langsung terhadap minat beli, serta pengaruh tidak langsung dari strategi green marketing dan pengetahuan lingkungan terhadap keputusan pembelian melalui minat beli sebagai variabel intervening. Data dikumpulkan dalam penelitian ini melalui metode kuesioner terhadap 88 responden. Teknik pengambilan sampel menggunakan metode purposive sampling , berdasarkan kriteria member Tupperware yang tinggal di kota Rangkasbitung. Metode analisis yang digunakan adalah analisis kuantitatif meliputi uji validitas dan reliabilitas, uji asumsi klasik, serta uji hipotesis menggunakan analisis jalur dengan bantuan program SPSS versi 20 dan Sobel Test. Hasil penelitian ini membuktikan bahwa green marketing dan pengetahuan lingkungan memiliki pengaruh yang positif dan signifikan terhadap minat beli dan keputusan pembelian, namun minat beli tidak terbukti menjadi variabel intervening terhadap h...

National Conference on Applied Business, Education, & Technology (NCABET)

This study aims to analyze the convergence process of educational outcomes in Indonesia and deter... more This study aims to analyze the convergence process of educational outcomes in Indonesia and determine the role of government budget allocation in accelerating convergence by observing all regions from 2010-2019. According to the results of the σ-convergence analysis, it is found that the dispersion explains the convergence process of the educational index gap. Then confirmed by the results of conditional β-convergence analysis by the System-GMM model, it was found that the convergence speed was relatively slow. This is a consequence of the role of government budget management which has not been optimal. In terms of regional revenues, it is found that the specific purpose transfer and the general purpose transfer have a significant negative effect on the convergence of the education index. Then from the expenditure side, it is known that direct expenditure has a significant positive effect on convergence, while indirect expenditure is not significant. Thus, this evidence opens up opp...

Jurnal Ekonomi-Qu, Oct 31, 2016

Pemerintah menargetkan semua desa di seluruh Indonesia segera mengembangkan komoditas unggulan se... more Pemerintah menargetkan semua desa di seluruh Indonesia segera mengembangkan komoditas unggulan setempat menjadi produk nasional dan global melalui pendekatan program one village one product di bawah koordinasi koperasi. OVOP merupakan pendekatan pengembangan produk unggulan daerah untuk meningkatkan nilai tambah produk unggulan daerah dalam rangka meningkatkan kesejahteraan masyarakat dalam wadah koperasi atau UKM. Prinsip dasar OVOP adalah dimana masyarakat kelurahan/daerah mampu mencari dan menggali komoditas/produk yang bisa menjadi unggulan secara berkesinambungan. Pendekatan ini merupakan gerakan masyarakat yang mengembangkan potensi yang dimiliki daerah secara terintegrasi untuk meningkatkan pendapatan dan kesejahteraan masyarakat sekaligus meningkatkan rasa percaya diri serta kebanggaan akan kemampuan sendiri dan daerahnya. Sebagai suatu pendekatan pembangunan dari dalam (endogenous development) yang memanfaatkan sebesar-besarnya potensi wilayah sebagai modal dasar dengan tetap menjaga kelestarian lingkungan, maka masyarakat dari suatu daerah dapat mengembangkan kearifan lokal (local wisdom) setempat dan dengan mendorong berkembangnya " semi-secondary industry ". Hal ini memberikan pengertian bahwa masyarakat mengolah dan memberikan nilai tambah (added value) kepada produk-produk primer yang dihasilkannya. Dengan pemahaman seperti ini, kekuatan ekonomi Indonesia yang selama ini banyak tersembunyi di perdesaan diharapkan dapat terangkat, diantaranya dengan mengembangkan agro-industri dengan pendekatan OVOP.

Buku ini merupakan hasil kerjasama riset dengan Biro Perekonomian Banten pada tahun 2009, dengan ... more Buku ini merupakan hasil kerjasama riset dengan Biro Perekonomian Banten pada tahun 2009, dengan dana penelitian berasal dari institusi tersebut. Buku ini berisi tentang peranan UMKM terhadap Perekonomian Banten 2009.

Buku referensi ini bercerita tentang faktor penentu investasi swasta di Indonesia, terdiri dari f... more Buku referensi ini bercerita tentang faktor penentu investasi swasta di Indonesia, terdiri dari faktor ekonomi (tingkat suku banga, ketersediaan kredit Indonesia, investasi pemerintah, tingkat inflasi, nilai tukar, pertumbuhan ekonomi, dan ketenagakerjaan) dan faktor non ekonomi (risiko ketidakpastian, birokrasi serta kebijakan dan regulasi). Pada buku ini dilengkapi dengan kajian teori dan empiris, serta menjelaskan peranan investasi bagi perekonomian