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"We examine how the level deposit insurance coverage affects bank liquidity. We also test the roleof ownership in the relationship between deposit insurance coverage and bank liquidity. This studyuses quarterly data of Indonesian banks from Q1:2002 - Q2:2008. We argue that the presence of explicitdeposit insurance changes a bank‘s behavior in liquidity management in the form of decreasingasset liquidity. We find some evidence on the negative impact of deposit insurance coverage on bankliquidity. However, little is found on the role of ownership structure. The credibility of deposit insurancesystem and implicit guarantee are the main policy implications."

"A dividend decision of a firm is an outcome of various considerations. These considerations differacross time and industry. Based on asymetric information – agency theory thought, this study re-examinesvarious variables that have a bearing on the dividend decision of a firm. In addition to examiningthe impact of corporate fundamentals on dividend policy, this study also analyzes the effect ofexpropriation trigger variables (family ownership, cash funds, the level of diversification and RelatedParty Transaction/RPT) on a dividend policy. The results of panel logistic regression indicate thatCash Funds, RPT, Profitability, Size, Growth, Debt and Macroecomics variables are the determinantsof the dividend policy for Indonesian listed public companies, observed during 2002 to 2010."

"This study examines the effect of Islamic screening criteria on Shari’ah-compliant portfolio selectionand performance compared to Socially Responsible Investment (SRI) portfolio. Each portfolioconstructed from 15 stocks based on FTSE 100 using data from year 1997. Mean-variance portfoliooptimization is employed with some financial ratios added as constraints for the Shari’ah portfolio.Annual expected return of each portfolio from 2008 to 2013 is used to calculate Sharpe’s ratio,Treynor ratio and Jensen’s alpha as the performance measurement tools. Macroeconomic variablesare assessed using ordinary least square to examine whether they influence the portfolios’ expectedreturns or not. The result finds that Shari’ah portfolio has a better performance than SRI from year2008 to 2010 shown by higher value of the measurement tools. However, from 2011 to 2013, SRI portfoliohas better performance than Shari’ah portfolio."

"The world is entering the era of recession when the trend is bearish and market is not so favorable. The capital markets in every major country were experiencing great amount of loss and people suffered in their investment. The Jakarta Composite Index (JCI) has shown a great downturn for the past one year but the trend bearish year of the JCI. Therefore, rational investors should consider restructuring their portfolio to set bigger proportion in bonds and cash instead of stocks. Investors can apply modern portfolio theory by Harry Markowitz to find the optimum asset allocation for their portfolio. Higher return is always associated with higher risk. This study shows investors how to find out the lowest risk of a portfolio investment by providing them with several structures of portfolio weighting. By this way, investor can compare and make the decision based on risk-return consideration and opportunity cost as well."

"We investigate the impact of the presence of women in top management on bank performancecontrolling for bank specific factors, ownership and governance. By making use of sample of 70 Indonesianbanks in a cross section study, we find strong evidence that the presence of women in theexecutives is negatively associated with firm performance. Moreover, we examine the moderatingeffect of TMT organizational tenure and TMT age. However, only little evidence is found in the effectof our moderating variables."

"Bank Muamalat sebagai pionir bank syariah di Indonesia terus melakukan pengembangan terhadap penawaran produk-produk perbankan syariah yang secara umum digolongkan atas tiga bagian yaitu : (1) produk penyaluran dana, yang meliputi antara lain : prinsip jual beli, sewa, bagi hasil dan akad pelengkap. (2) produk penghimpunan dana, yang meliputi : prinsip wadi'ah, mudaharabah dan akad pelengkap. (3) jasa perbankan antara lain : shad; Qardh dan lain-lain.Struktur dana pihak ketiga masih didominasi oleh deposito berjangka mudharabah yang mencapai Rp. 97 Milyar atau 48,14% dari total dana pihak ketiga. Sementara itu, walaupun tabungan mudharabah mencatat pertumbuhan yang mengesankan sebesar 64,13 persen, kontribusinya terhadap total dana pihak ketiga hanya sebesar 29,1%.Penelitian juga dilakukan secara kuantitatif dengan menggunakan satu variabel dependent (dana pihak ketiga) dan tiga variabel independent (SBI, Valuta Asing USD dan SWBI).

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Economic Macro Variable Influences The Third Hand Of Collected Fund (The Occuration Case Of Indonesian Muamalat Bank Period Of Year 2000-2003)

Bank Muamalat as the pioneer of syariah bank in Indonesia keeps going to develop for offering the products of syariah banking is globally classified into three parts are such as : (I) product of fund distribution, which includes : principal of trading, rental, sharing and complementary agreement. (2) product of fund collection, which includes : principal wadi'ah, mudharabah and complementary agreement. (3) banking services are such as : sharf, Qardh and etc.

Fund structure of the third hand is still dominated by mudharabah of distance deposit is until Rp 97 billion or 48,14% from the total fund of third hand. Meanwhile, though the mudharabah saving notices of the impressive development is 64,13%, the contribution of the total fund of the third hand is only 29,1%.

The occuration was done as quantitively by using one variable dependent (fund of the third hand) and three variables independent (SBI, USD currency and SWBI)."

"This chapter describes the underlying problems of Indonesian major projects development; particularly those funded by the World Bank, because they represent large commitments of national resources, and because most of them grow in cost experience schedule delay and change in scope of work after they are initiated. The present study attempt is to find resolution to these emerging problems by approaching each major project development as an acquisition process.The objective of this study is to examine the question whether the Government of Indonesia's project management could be significantly strengthened through the application of the principles of major systems acquisition set forth in the United States Office of Management and Budget, known as the OMB Circular No. A-109. Justifying this approach, the author sets forth his reasoning; he then determines the scope of the effort, appraises framework and policy issues, explicates methodological options, and accesses the limitation of the research. Finally, the author analyzes the potential contributions of this application of the OMB model to a broader context of the Government of Indonesia's procurement management.By offering an integrated approach to major systems acquisition, or major projects development, the author hopes to develop principles and guidelines for improvements in procurement management that will effect economies in the Government of Indonesia's investment of its scarce financial resources in Repelita V. i.e. the fifth Five Year Plan, initiated April 1, 1989."

"This paper empirically examines the effect of banks' revenue diversification on the stock-basedreturn and risk measures using data on the ASEAN-5, and addition from China, Japan, and SouthKorea banking sector. This paper use panel Fixed Effect and robustness test with Random Effect andTSLS. We use non-interest income share as a measure for revenue diversification. We find that revenuediversification has no effect on bank’s market value but significantly decrease bank total risks. Whennon-interest income is decomposed, we find that fee-income business has significant positive effect onbank value. Furthermore, it’s important to see characteristic of banks that practice diversification,such as bank size and capital. Overall, we provide evidence that banks, especially larger oneswithgood condition on capital, could increase their value and lower their risk by diversifying non-interestincome, especially with fee income as well as other types of non-interest income."