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ABSTRAKTesis ini membahas tentang aplikasi pendekatan structure-conduct performance untuk menganalisis kinerja industri AB. Tahapan-tahapan penelitian dilakukan dengan melakukan pengolahan dan analisa data sekunder yakni Laporan
Keuangan dan data Transaksi Efek. Pengukuran structure (struktur pasar)
dilakukan dengan menggunakan metode rasio konsentrasi (CRn) dan Herfindahl Hirschman Index (HHI), dan Panzar & Rosse. Perilaku (conduct) dilakukan
pengukuran melalui analisa penetapan harga produk,analisa kegiatan di luar
bidang usaha, dan kasus. Sedangkan performance (kinerja) diukur menggunakan
profit marjin, BOPO, asset turnover, ROA, dan ROE. Selanjutnya hasil analisa
data sekunder, dijadikan bahan utama untuk melaksanakan interview (Bursa Efek
Indonesia) dan survey (Anggota Bursa), yang bertujuan untuk mengetahui
persepsi dari masing-masing pihak terkait fenomena keuangan yang terjadi di
industri dan usulan regulasi yang disimpulkan. Berdasarkan hasil analisa diketahui
bahwa struktur pasar industri AB adalah Pasar Persaiangan Sempurna (CRn dan
HHI) atau Persaingan Monopolistik (Panzar-rosse), untuk tingkat kompetisi
industri sangat ketat (overcompetition), excessive dan mengarah ke cut throat
competition yang ditandai dengan kompetisi penetapan harga produk (fee
Transaksi), adanya pelaku industri yang mengandalkan pendapatan di luar bidang
usaha, dan terjadinya kasus pelanggaran ketentuan. Analisis kinerja industri juga
menunjukan tren yang cenderung menurun dan lebih rendah dibandingkan dengan
industri keuangan lainnya (asuransi). Berkenaan dengan hal tersebut diusulkan
untuk dikeluarkan pengaturan terkait besaran minimum tarif fee Transaksi Efek
sebagai solusi jangka pendek untuk membuat iklim kompetisi yang sehat dan
kesempatan bagi AB untuk memperkuat diri, dan penerbitan produk-produk yang
menarik bagi investor sehingga dapat meningkatkan nilai Transaksi Efek yang
berujung pada kenaikan nilai pendapatan dari AB.
ABSTRACTThis thesis discusses about application Structure-Conduct-Performance approach in analyzing the performance Exchange Member's industry. The stages of
research is done by the processing and analysis of secondary data that Financial
Statements and Transaction Data. Measurements structure (structure of the
market) were calculated using the concentration ratio (CRn) and the Herfindahl -
Hirschman Index (HHI), and using Panzar-rosse. Understanding the conduct by
analysis of product pricing, analysis activities outside the core business, and the
case, while the performance using the profit marjin, BOPO, assets turnover, ROA,
and ROE. Furthermore, secondary data analysis, become the main topic to carry
out the interview (with Indonesia Stock Exchange) and the survey (with Exchange
Member), which aims to determine the perception of each party related financial
phenomena that occur in the industry and the proposed regulations are concluded.
Based on the analysis known that the industry market structure AB is a market of
Perfect competition (CRN and HHI) or Monopolistic Competition (Panzar-rosse),
and the level of industry competition is very tight (overcompetition), excessive
and leads to cut-throat competition which is characterized by competition product
pricing (transaction fee), industry players rely on their income outside the field of
business, and the occurrence of cases of violation. Analysis of industry
performance also shows that trends tend to decline and was lower as compared to
other financial industries (insurance). In this regard proposed to be issued the
regulations related to the amount of minimum fees Transaction as a short-term
solution to create a climate of healthy competition and opportunities for AB to
strengthen themselves, and publishing products that are attractive to investors so
as to increase the value of the transaction was led to increase in revenue from AB"
