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"Abstract. There is an increasing trend among investors to consider Good Corporate Governance (GCG) in determining company incentives are to be invested in. Obviously, investors would prefer to make INVESTMENTS in companies that adopt Good Corporate Governance rather than otherwise. This view has eventually led to a belief that GCG can give added values not only to the adopting company, but also to the stakeholders. This research analyzes the impacts of family ownership and founding CEO/chairperson on a company?s costs of debt. This topic is chosen in consideration that there are still a lot of family-owned companies in Indonesia. The research uses a positivist-quantitative paradigm and the samples are 64 family-owned companies listed at the Indonesia Stock Exchange from 2007 to 2009. The research also uses a random effect model. The results of the research indicate that family ownership has positive but insignificant impacts, while founding CEO/chairperson has no impacts on a company?s costs of debt."

"Abstract. Ownership structure has a direct relationship with company’s capital structure where the cost of capital is the main component in the calculation of economic value added to measure the value of the firm. This research aims to analyze the effect of ownership structure that consists of managerial ownership, public ownership, institutional ownership, and government ownership on economic value added, used as a measurement of the firm value. This research uses an unbalanced panel data of 182 observations data of all listed companies in the period of 2007-2011 that issued dividend regularly every year during the research’s year. The result shows: (1) managerial ownership has no significant effect on economic value added, (2) public ownership has a significant positive effect on economic value added, (3) institutional ownership has a significant positive effect on economic value added, (4) government ownership has no significant effect on economic value added, (5) ownership structure (managerial ownership, public ownership, institutional ownership, government ownership) simultaneously has a significant positive effect on economic value added.Abstrak. Ownership structure memiliki keterkaitan secara langsung dengan struktur modal perusahaan dimana biaya modal merupakan komponen utama dalam penghitungan economic value added guna mengukur nilai perusahaan. Penelitian ini bertujuan untuk menganalisis pengaruh struktur kepemilikan yang terdiri dari kepemilikan manajerial, kepemilikan publik, kepemilikan institutional, dan kepemilikan pemerintah terhadap economic value added yang digunakan sebagai sebuah pengukuran nilai perusahaan. Penelitian ini menggunakan unbalanced panel data sejumlah 182 data observasi dari sampel seluruh perusahaan yang listed selama periode 2007-2011 dan menerbitkan dividen secara rutin setiap tahunnya selama tahun penelitian. Hasil penelitian menunjukkan bahwa: (1) kepemilikan manajerial tidak memiliki pengaruh signifikan terhadap periode economic value added, (2) kepemilikan public memiliki pengaruh positif secara signifikan terhadap economic value added, (3) kepemilikan institusional memiliki pengaruh positif secara signifikan terhadap economic value added, (4) kepemilikan pemerintah tidak memiliki pengaruh signifikan terhadap economic value added, (5) struktur kepemilikan (kepemilikan manajerial, kepemilikan publik, kepemilikan institusional, kepemilikan pemerintah) secara simultan memiliki pengaruh positif secara signifikan terhadap economic value added."

"Abstract. This study aims to analyze the influence of corporate governance structure on underpricing when firms perform an Initial Public Offering (IPO). This study is based on the signaling theory, stating that the existence of proper corporate governance structure at the time the firm conducting IPO will give the firm a high quality signal to potential investors. The corporate governance structure tested includes the size of Board of Commissioners (BOC), the level of independence of the Board of Commissioners, and the existence of an audit committee. The hypothesis testing is done using a multiple regression model with a sample of 95 observations from firms doing IPOs listed on the Indonesia Stock Exchange during the period of 2005-2012. The results of this study provide empirical evidence that: (1) the size of Board of Commissioners is negatively correlated and affects underpricing, (2) the level of independence of the Board of Commissioners has no effect on underpricing, (3) the existence of an audit committee has no effect on underpricing, (4 ) corporate governance structure (the BOC size, the independence of the Board of Commissioners, and the existence of audit committees) simultaneously has a positive and significant correlation to underpricing. Abstrak. Penelitian ini bertujuan untukmenganalisis pengaruhstruktur corporate governance terhadap underpricing pada saat perusahaan melakukan Initial Public Offering (IPO). Penelitian ini didasarkan pada teori sinyal (signaling theory) yang menyatakan bahwa keberadaan struktur corporate governance yang baik pada saat perusahaan melakukan IPO akan memberikan sinyal kualitas perusahaan yang tinggi kepada investor potensial. Struktur corporate governance yang diuji meliputi jumlah anggota dewan komisaris, tingkat independensi dari dewan komisaris, dan keberadaan komite audit. Pengujian hipotesis dilakukan menggunakan model regresi berganda dengan sampel 95 observasi dari perusahaan yang melakukan IPO yang tercatat di Bursa Efek Indonesia selama periode 2005-2012. Hasil penelitian ini memberikan bukti empiris bahwa: (1) jumlah anggota dewan komisaris berkorelasi negatif dan berpengaruh terhadap underpricing, (2) tingkat independensi dari dewan komisaris tidak memiliki pengaruh terhadap underpricing, (3) keberadaan komite audit tidak memiliki pengaruh terhadap underpricing, (4) struktur corporate governance (jumlah anggota dewan komisaris, independensi dewan komisaris, dan keberadaan komite adit) secara simultan memiliki korelasi positif dan signifikan terhadap underpricing."

"Abstract. The aim of this study is to find out if the concentration of the biggest shareholder, the control rights and the ratio ofcash flow rights-control rights of the controlling shareholders contributed to profitability. This study uses purposive samplingtechnique in collecting the data and linear panel regression in analysing the panel data. The result of this study shows that theownership concentration of the biggest shareholders has positive impact to company profitability as big shareholders havebigger incentive and thus better chance to do supervision upon the management. The study also found that the control rightsconcentration of controlling shareholders have negative effect to profitability since more concentrated power of the controllingshareholders made the shareholders position stronger and may incline them to gain individual profit which in turn will reducethe company’s profit. On the contrary, higher ratio of cash flow rights to-control rights contributed positively to profitabilitybecause higher cash flow rights will tend to prevent the controlling shareholders from expropriating the company’s assets."

"The research aims to analyze the impacts of tax compliance on regional budgeting and public welfare in East Java Province. Using the Partial Least Square (PLS) method, it considers the following variables: tax compliance, regional finance, general grant, special grant, regional expenditures, and Human Development Index (HDI). The results indicate that tax compliance has significant impacts on regional finance. Tax has significant positive impacts on regional expenditures/spending. Conversely, regional spending affects public social welfare in East Java Province. The research concludes that tax compliance gives significant positive impacts on public welfare in East Java Province during the 2004-2009 period. The prevalent policy implies that regional government has to secure regional financial balance to improve public welfare in East Java Province. The regional government is to promote public awareness that tax compliance is crucial to improve tax revenues and public welfare.

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Penelitian ini bertujuan untuk menganalisa pengaruh kepatuhan pajak dan dampaknya pada penganggaran keuangan daerah dan kesejahteraan hidup masyarakat di Provinsi Jawa Timur. Metode yang digunakan dalam penelitian ini adalah ?Partial Least Square? (PLS). Variabel yang digunakan; kepatuhan pajak, keuangan daerah, hibah umum, hibah khusus, pangsa pajak, pengeluaran daerah, dan Indeks Pembangunan Manusia (HDI). Hasil penelitian ini menunjukkan bahwa kepatuhan pajak berpengaruh pada keuangan daerah. Pajak memiliki pengaruh yang signifikan dan positif untuk pengeluaran/belanja daerah. Sebaliknya, belanja daerah berpengaruh bagi kehidupan kesejahteraan sosial di Provinsi Jawa Timur. Kesimpulannya yaitu kepatuhan pajak memberikan pengaruh yang signifikan dan positif pada kesejahteraan masyarakat di Provinsi Jawa Timur Tahun 2004-2009. Implikasi kebijakan mengatakan bahwa pemerintah daerah harus mengalokasikan perimbangan keuangan daerah untuk meningkatkan kesejahteraan masyarakat di provinsi Jawa Timur. Pemerintah daerah harus mempromosikan memberitahukan masyarakat bahwa kepatuhan pajak diperlukan untuk meningkatkan penerimaan pajak dan kesejahteraan masyarakat."

"Abstract. This article analyses the observation of science & technology (Iptek) and innovation policies in activities of science and technological research, development, and implementation. Science & technology and innovation policies become an important study subject since in some countries this field gives positive effect to competitiveness of a nation. Qualitative approach was selected in studying science & technology and innovation policy in Indonesia since its appropriation with the objective of portraying national policy in science & technology and innovation. Method employed was content analysis qualitative with framing analysis, which in this study refers to concept of science & technological research, development, and implementation. The results of this study shows that national policy of Indonesia during 2000-2011 period were less supportive to development, research, diffusion, and implementation of technology in regions, proven by evidence that there was only few policies supporting the system implementation of science & technological research, development, and implementation in Indonesia.Abstrak. Artikel ini menguraikan tinjauan kebijakan ilmu pengetahuan & teknologi (iptek) dan inovasi dalam kegiatan penelitian, pengembangan, dan penerapan iptek. Kebijakan iptek dan inovasi menjadi penting untuk dikaji karena dibeberapa negara bidang ini memberikan pengaruh terhadap daya saing suatu negara. Pendekatan kualitatif dipilih untuk mengkaji kebijakan iptek dan inovasi di Indonesia karena sesuai dengan tujuan untuk memberikan gambaran mengenai potret kebijakan nasional bidang iptek dan inovasi. Metode yang dipergunakan adalah analisis isi “content analysis” yang bersifat kualitatif dengan pembingkaian “framing analysis” yang dalam studi ini kerangkanya merujuk pada konsep penelitian, pengembangan, dan penerapan iptek. Berdasarkan hasil studi ini terungkap bahwa kebijakan nasional Indonesia selama periode 2000–2011 kurang berpihak pada pengembangan, riset, difusi, dan penerapan teknologi di daerah, terbukti dengan keberadaan kebijakan terkait pelaksanaan sistem penelitian, pengembangan, dan penerapan iptek di Indonesia yang masih sangat minim."

"Abstract. So far an integrity system was designed by the State, followed by any kind of sanction, when an act of corruption had been committed; thus resulting in a systemic circle of corruption. Reconstructing corruption on the basis of text and theory cannot only be conducted editorially; but must also consider the emergent phenomena. There is something ”missed” by the State, i.e. anti corruption integrity can be initiated from local wisdoms of each region, by employing Model of National Integrity, as suggested by Jeremy Pope, and four indicators of OECD (Organization for Economic Co-operation and Development) as mentioned in Components of Integrity: Data and Benchmarks for Tracking Trends in Government, adopted to generate a local-based model of national anti corruption integrity system on the lowest tier of government in West Sumatera, namely Nagari Kapau of Agam District and Nagari Ketaping of Padang Pariaman District. This research was conducted by employing the method of Grounded Theory. The result of this research shows that inside a Nagari, its apparatus, people and institutions can make join commitment by adopting the virtues of local culture in developing Nagari with integrity principle (anti corruption).Abstrak. Selama ini sebuah sistem integritas yang dirancang oleh negara, ketika suatu korupsi sudah terjadi dan baru menetapkan bentuk sanksi yang menyertainya, sehingga membuat lingkaran korupsi menjadi sistemik. Merenkonstruksi korupsi berdasarkan teks, dan teori korupsi ternyata tidak hanya ditafsirkan secara redaksional tetapi juga bisa melihat fenomena yang berkembang. Ada sesuatu yang ”luput” dari perhatian negara bahwa integritas anti korupsi ternyata bisa bermula dari kearifan lokal budaya masing-masing daerah, dengan menggunakan Model Integritas nasional yang dikemukan oleh Jeremy Pope dan empat Indikator dari OECD (Organisation for Economic Co-operation and Development) dalam dokumen Components of Integrity: Data and Benchmarks for Tracking Trends in Government, diadopsi untuk menciptakan sebuah model integritas nasional anti korupsi berbasis lokal pada pemerintahan terendah di Sumatera Barat yaitu Nagari Kapau Kabupaten Agam dan Nagari Ketaping Kabupaten Padang Pariaman. Penelitian ini menggunakan metode Grounded Theory. Hasil penelitian menyebutkan bahwa didalam nagari, perangkat nagari dan masyarakat serta lembaga nagari bias membuat komitmen bersama dengan mengadopsi nilai-nilai budaya lokal dalam membangun nagari dengan prinsip integritas (anti korupsi)."

"The existence of museums in big cities like Jakarta seemed to be neglected. The display inside a museum is often considered uninteresting, making visitors less appreciate the collection objects, thus receive no added value from their visit. Therefore, a research related to physical appearance of a museum is required. The physical appearance of a service organization, also called servicescapes, consists of ambient condition, layout and signage. A survey has been conducted to describe the importance of servicescape for National Museum, as well as the explanation about the subject. This research suggests some recommendations on the servicescapes in National Museum to improve visitors? experience.

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Keberadaan suatu museum di kota besar seperti Jakarta, sering kali terabaikan. Penampilan interior suatu museum dipandang sebagai hal yang kurang menarik, sehingga para pengunjung pun kurang mengapresiasi obyek atau kurang memperoleh nilai lebih dari kunjungan mereka. Oleh karena itu, diperlukan studi mengenai tampilan fisik dari suatu museum. Tampilan fisik dari suatu organisasi jasa, yang dikenal dengan Servicescapes, terdiri dari kondisi suasana, tata letak dan petanda. Dalam menjelaskan hal ini, dilaksanakan suatu survey di Museum Nasional untuk mendeskripsikan pentingnya Servicescapes bagi museum tersebut. Hasil penelitian menyarankan beberapa masukan terkait servicescapes di Museum Nasional agar dapat meningkatkan pengalaman yang baik bagi para pengunjung."

"Abstract. This research aims at describing the implementation of a democratic public service (public transportation) among organizational networks in Makassar City. The researcher used a qualitative method and a study case strategy. Data gathering was done through observation, intensive interviews, and document analysis. A case study analysis was used for processing the data and a technical analysis description. Results of this research reveal that the implementation of an inter-organizational network public service (public transportation) is not yet effective. This can be seen from: 1) Regulations: the Makassar City Traiffic and Public Transportation Forum, as an outlet for stakeholders of public transportation, has not been socialized in an effective manner; 2) Commitment: implementors in the field have not shown any commitment to the program; 3) Source: implementors do not share resources; 4) Cooperation: there is no cooperation with other insitutions to support the implementation of the program that has been laid down by the Traffic and Public Transportation Forum; 5) Coordination: each implementor runs the program according to their main duties and functions from their respective institutions; 6) Collaboration: The Forum has not collaborated with other parties in implementing the program; 7) Participation: not all stakeholders or participants are involved in the Forum?s programs.Abstrak. Tujuan dari penelitian ini adalah untuk mendeskripsikan pelaksanaan pelayanan publik yang demokratis (kota transportasi) antar-organisasi jaringan di Kota Makassar. Penelitian ini menggunakan metode kualitatif dan strategi dengan cara studi kasus. Teknik pengumpulan data dilakukan dengan cara observasi, wawancara mendalam dan analsis dokumen. Pengolahan data dan teknik analisis deskriptif dengan menggunakan analisis kasus studi. Hasil penelitian menunjukkan bahwa pelaksanaan pelayanan publik (angkutan kota) antar-organiizational jaringan tidak efektif. Hal tersebut dapat dilihat dari: 1) Peraturan: Makassar Kota Lalu Lintas dan Angkutan Jalan Forum sebagai tempat dengan pemangku kepentingan transportasi publik belum disosialisasikan secara efektif; 2) Komitmen: mereka belum menunjukkan komitmen dari para pelaksana di lapangan; 3) Sumber: para pelaksana tidak menggunakan sumber daya secara bersama-sama; 4) Kerjasama: tidak ada kerjasama dengan lembaga lain dalam mendukung pelaksanaan program yang telah ditetapkan dalam Forum Lalu Lintas dan Angkutan Jalan; 5) Koordinasi: pelaksana masing-masing menjalankan program sesuai dengan tugas pokok dan fungsi dari lembaga; 6) Kolaborasi: Tahapan pelaksanaan program di Forum belum berkolaborasi dengan pihak lain; and 7) Partisipasi: semua pemangku kepentingan atau peserta belum terlibat dalam program Forum."