Capital structure is one of the most critical decisions for ?rms in business. This study examines the role of macro (economic and non-economic) uncertainties in affecting ?rms� capital structure management.Read More

Author: Nauli A. Desdiani, Fachry Abdul Razak Afifi, Amalia Cesarina, Syahda Sabrina, Meila Husna, Rosalia Marcha Violeta, Adho Adinegoro, and Alin Halimatussadiah Executive Summary The establishment of national climate policy targets has forced the local government to set ambitious climate goals supporting the national government to achieve its proposed target. Besides low awareness of climate...Read More

Author: Dhaniel Ilyas Executive Summary Using micro commuting data in 2015, I estimate travel demand of Denpasar greater area. Motorcycle and car are still more preferred greatly compare to public transport. Faster travel time are the most important factor that drive the use of motorcycle and car in Denpasar greater area. Younger people seems to...Read More

Author: Denny Irawan, Tatsuyoshi Okimoto Executive Summary This study examines the conditional capital surplus and shortfall dynamics of renewable and non-renewable resource firms. To this end, this study uses the systemic risk index by Brownlees & Engle (2017) and considers two conditional systemic events, namely, the stock market crash and the commodity price crash. The...Read More

Author: Teuku Riefky, Faizal Rahmanto Moeis, Yusuf Sofiyandi, Muhammad Adriansyah, Anas Izzuddin, Aqilah Farhani, Sendy Jasmine Executive Summary Indonesia is in the middle of its long-term development challenge to escape the ‘middle-income trap’. As often as developing countries face the same challenge, one common strategy to be implemented by the Government of Indonesia (GoI) is...Read More

9 Agustus 2021 Author: Atiqah Amanda Siregar, Faizal Rahmanto Moeis, and Wildan Al Kautsar Anky   Abstract Providing access of decent work for all can push the attempt of poverty eradication. However, the decent works will not be attainable without the support of inclusive and equitable education, particularly for people with disability (PWD). To date,...Read More

7 Agustus 2021 Author: Yusuf Sofiyandi, Yusuf Reza Kurniawan, Khoirunurrofik Khoirunurrofik, Prayoga Wiradisuria, and Dikki Nur Ahmad Saleh   Abstract This paper studies the impact of mobility restriction on daily mass rapid transit (MRT) ridership in Jakarta-Indonesia, and its implication for the farebox revenues during the pandemic COVID-19 outbreak. For the analysis, we primarily used...Read More