Ari Warokka

Ari Warokka
Centro Internacional "Carlos V" - UAM · Master in Multinational Companies Management Program

PhD, M.Sc, MDEM/MBA, MCEUE/MA, DEA/MPhil

About

81
Publications
127,762
Reads
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1,012
Citations
Additional affiliations
August 2015 - March 2016
Putera Sampoerna Foundation - HSBC Project
Position
  • Training of Trainers and Young Banker Professional Development Program Manager
August 2015 - present
State University of Jakarta
Position
  • Associate Professor in Business Administration and Strategic Management
July 2014 - July 2015
​​Jubail University College
Position
  • Assistant Professor in Business Administration
Education
September 2007 - July 2008
Real Instituto de Estudios Europeos
Field of study
  • European Union Political Economy
September 2006 - November 2007
Centro Internacional "Carlos V" - Universidad Autonoma de Madrid
Field of study
  • Multinational Companies Management
September 2005 - October 2007
Autonomous University of Madrid
Field of study
  • Business Administration

Publications

Publications (81)
Article
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CEO Overconfidence plays an important role in determining company performance, especially in the Emerging Market Asia period 2010-2019 in the manufacturing, energy, health, and technology sectors. This study uses secondary data taken from Refinitiv Eikon Financial Analysis. This study aims to determine the effect of managerial overconfidence on com...
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Tax amnesty public policy is an effort by the Government to collect tax revenues, and at the same time it is expected to be able to make taxpayers compliant. This research is quantitative research with an exploratory approach. This study uses secondary data from the financial statements of companies listed on the Indonesia Stock Exchange (IDX) duri...
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This research examines the factors influencing the intention to use digital payment applications (cashless payments) among students in West Papua. Using the Unified Theory of Acceptance and Use of Technology (UTAUT) framework, this research analyzes the influence of self-efficacy, perceived risk, perceived usefulness, perceived ease of use, brand l...
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This study investigates the relationship between company characteristics, carbon emission disclosure, and economic consequences in five ASEAN countries. By utilizing data from 2008 to 2017, the research focuses on non-financial companies, selected due to their prominence as the highest carbon-emitting nations in the ASEAN region. Results reveal tha...
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This research is expected to determine the influence of business models on financial performance as measured by market power. This research involves conventional banking in the ASEAN and MENA regions which have available data for the period 2010 to 2019 to avoid the influence of the Global Financial Crisis and the Covid 19 Pandemic. This research u...
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This research examines the mediating role of access to finance, financial risk management, and competitive advantage in the relationship between financial literacy and Micro, Small, and Medium Enterprises (MSME) performance. This research also tests demographic factors such as the owner's gender, company size, company age, and number of employees i...
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This study is to examine and analyze the effects of corporate governance, managerial ownership, and bonus plan on earnings management of manufacturing and financial companies, which are listed on the Indonesia Stock Exchange, Malaysia Stock Exchange, and the Philippines Stock Exchange. It analyzed the balance sheet data, income, and capital stateme...
Article
Empowerment and Family Welfare, as an organizational institution, aims to increase the role of the community, one of which is the active role of women. Especially in the PKK organization in Lubang Buaya, which is actively involved in empowering women. In this case, the PKK organization in Lubang Buaya prioritizes increasing women's productivity by...
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This research aims to determine the influence and significance of the factors that affect the company's performance. This Research used the variables of Supply Chain Management, Risk Management, Competitive Advantage and Corporate Performance which is used primary data from the distribution of online questionnaires. This research used in were 200 r...
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The banking sector plays an important role in the country's economic growth. International experience shows that a weak banking sector not only threatens the long-term stability of a country's economy. It can also cause a financial crisis which can lead to economic crisis. Therefore, it is important to identify and investigate the factors on which...
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The decision-making process for Sharia investment needs to consider the individual's risk tolerance since every type of investment is closely attached to the risk-return trade-off. This study examines whether multidimensional risk tolerance and religiosity influence Sharia investment decisions. The study used 300 potential Muslim investors in Indon...
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This research was conducted to know the company's characteristics, the determining factors for the disclosure of carbon emissions, and the impact of the disclosure of carbon emissions on economic consequences. The financial result in this study is the decision-making behavior of businesses, governments, and creditors as a result of accounting repor...
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The pandemic outbreak at the beginning of 2020 had changed the ways and perception of consumers using products abruptly. The study examined consumer traits (i.e., impulse buying tendency, shopping enjoyment tendency, consumer mood) and situational factors (i.e., individual situation, website quality, motivational activities by retailers, and produc...
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Penelitian ini bertujuan untuk melihat pengaruh literasi keuangan dan antesedennya terhadap toleransi risiko dengan moderasi faktor demografi pada pekerja muda di Indonesia. Anteseden dalam penelitian ini menggunakan Pendidikan Keuangan, Pengetahuan Keuangan, Sikap Keuangan dan Perilaku Keuangan. Penelitian dimoderasi oleh faktor demografi yaitu je...
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Purpose: This study aims to analyze how risk tolerance of Indonesian retail investors is based on sociodemographic characteristics and also related to the multidimensional risk. Due to the different characteristics of investors turn out to become different levels of risk tolerance for each individual investor, hence considering investor's sociodemo...
Article
We assess the effect of loan growth and capitalization on credit risk in Islamic banking. Using a sample of Islamic banks from 29 countries, our empirical results reveal that higher loan growth exacerbates credit risk one year ahead, particularly for Islamic banks with higher capitalization. However, a deeper investigation highlights that such evid...
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The finance is finding of the foremost necessary issues for fashionable efficient ways in which to exchange knowledge to summarize stock to visualize give people or establishments helpful data regarding the investment choices and market behavior. The big quantity of knowledge generated valuable by the stock exchange has researchers to attracted thi...
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Previous studies showed that a number of factors play roles in influencing Bitcoin penetration and acceptance, both at country and individual level, such as trust, perceived risk, security threat, perceived benefit, perceived ease of use, as well as macro-technological and socioeconomic factors. This present study aimed at finding theoretical model...
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The purpose of this research is to test the support of value-based measurements about its superiority as a measure of a company's financial performance compared with accounting measurements. This study uses a sample of 25 mining companies in ASEAN-5 during the period 2007-2017. The sample selection by purposive sampling technique is top 5 mining co...
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This paper reveals that foreign penetration in terms of assets and branches exhibits different impacts on credit risk in banking. In general, a higher share of foreign banks’ total assets exacerbates nonperforming loans, but the increased number of foreign banks diminishes credit risk. Moreover, the role of foreign banks in mitigating credit risk...
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ABSTRAK Perkembangan industri panas bumi di kawasan ASEAN belum optimal, sehingga perusahaan perlu menganalisis kemampuan keuangannya untuk mengetahui permasalahan yang terjadi di dalam perusahaan. Konsep penciptaan nilai dan manajemen pertumbuhan dapat digabungkan untuk menjadi sebuah strategi keuangan matriks. Strategi ini merupakan alat diagnost...
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ABSTRAK Penelitian ini dilakukan untuk menguji pengaruh faktor-faktor intrinsik yang diproksikan dengan struktur modal, ukuran perusahaan, usia perusahaan dan faktor keuangan yang diproksikan dengan likuditas, profitabilitas, serta aktivitas dengan tripple bottom lines sebagai variabel mediasi terhadap nilai perusahaan sektor perusahaan properti. D...
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The purpose of this research was to investigate the effect of accrual and real earning management on IPO under pricing which was measured by initial return, on the first day of trading in Indonesia Stock Exchange, of Indonesian manufacturing companies during 2010-2014. This research was conducted using purposive sampling technique from 20 analyzed...
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This study examines the relationship between public expenditure within regional autonomy policy and economic growth in West Papua and Papua provinces. We distinguish two kinds of expenditure’s decentralization – operational and capital – and also private expenditures. We use an unbalanced panel data over the period of 2007-2010 to investigate those...
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This research conducted to examine the influence of intrinsic factors which being proxied with Capital Structure, Firm Size, Firm Age and Financial factors that being proxied with liquidity, profitability also with another activities using tripple bottom lines as Intervening Variable against Firm Value of Property Industries. The data that being us...
Article
This study aims to examine the currency substitution phenomenon in a country when it has a high inflation. In the modern economic era, Indonesia has experienced two elevated inflation periods between 1997 and 2012, i.e., when the Asian financial crisis stormed Southeast Asian countries in 1997, and the global one that affected most countries in 200...
Article
This study tested the effects of leadership style and decentralisation on managerial performance. Specifically, it focused on the management accounting system (MAS) in mediating those effects. By using a sample of 39 senior government officers in the Local Government Task Force Office of Jayapura Municipality and applying a path analysis, we found...
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This study focused on the entrepreneurial intention’s antecedents in higher-education level. It examined the effect of need for achievement, self-efficacy, and risk-taking propensity on intention to be entrepreneurs. It used a sample of 204 public university students and analyzed the proposed hypotheses by using multivariate analysis. The major fin...
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The significance of renewable energy and energy security to Indonesia’s agenda on energy security and its sustainability is the main focus of this paper. Specifically, it studied the current status of both issues and discoursed the opportunities and challenges in the further expansion and utilization of renewable energy. The study explored and empl...
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This study aims to test the effect of work-family and family-work conflict on job performance, turnover intention, and job satisfaction. It employed a sample of 334 dual-roles women in four Indonesian banks and analyzed the six proposed hypotheses by using Structural Equation Modeling. The major findings are: [1] work-family conflict (WFC) affects...
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One of the main challenges faced by local governments in developing countries is to allocate scarce resources effectively to achieve the community’s highest priorities. This challenge relates to government’s effort to reduce regional inequality. This paper examined the relationship between priority-based budgeting policy and local growth imbalance...
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To contend the traditional transaction marketing, which focuses on the completion of the transaction and the pursuit of maximizing profits for each transaction, the relationship marketing in the banking sector, on the other hand, offers the establishment of strong relationships and stable partnerships between the bank and its customer in order to m...
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This study explores the interdependence of capital structure and investment decisions by documenting the relationship between corporate leverage and investment choices. By using the data of consumer goods companies listed in Indonesia Stock Exchange for three years (2008-2010) as the sample, the obtained data was analyzed by applying multivariate r...
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The rarely investigated themes on the indigenous economic's influence on small business development have made the local governments' policies on regional development merely relied on large industries as the main engine. The paper aims to examine the effects of local culture, government role, and entrepreneurial behavior on the SMEs performance. A t...
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The quest of searching the endogeny variables of financial decentralization in emerging markets have become a serious topic due to the increasing wave of decentralized regions in many countries. The paper aimsto examine the effects of fiscal decentralization and specific local autonomy on economic growth, employment, poverty, and welfare in the spe...
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The tendency of repeating history has made any financial crisis a valuable source to be explored and studied. It will make people be more prepared and ready to anticipate. This paper examined the nature of linkages between exchange rate and macroeconomic fundamentals over 1997-2004. It investigated the evidence on both the short-and long-run effect...
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This study examines the possibility of zakat as an alternative source of economic growth, which in most cases and prior studies Foreign Direct Investment (FDI) has been more preferable and become dominant development engine for emerging economies. We proposed the strategy to estimate the zakat and employed a multivariate regression to analyse a pan...
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This study is to test the influences of basic accounting determinants on Indonesian manufacturing industry's systematic risk in the most-recent period, 2005-2007, in order to capture the latest market's perspectives and preferences. By using current ratio, debt to total asset ratio, Long-term Debt to Total Asset (LDTA) ratio, firm size, and growth...
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The quest of university quality level is a never-ending journey, which is marked by searching a set of proper criteria. One of those criteria is the university's library performance. This study aims at examining the university's service performance level as a proxy of its quality level by using a first-order CFA model designed to test the multi-fac...
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This study is to test the performance of Indonesian banks in the most-stable considered period, 2005-2007, after having the worst crisis in the Indonesian banks' history, the Asian Financial Crisis 1997-1998. By using Return on Asset (ROA), Return on Equity (ROE), and Net Interest Income to Total Asset (NIITA) as the proxies for bank performance an...
Article
The debate of the impact of government decentralization on economic performance and growth is a contested issue. Triggered by the waves of decentralization occurred in many developing countries over the past few decades, following the demise of a development paradigm in which centralized states played a leading role, have led into the important res...
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The paper aims to examine the relationships between the perceived organizational support and expatriates' organizational commitment. A total of 131 questionnaires was distributed to expatriate who are currently serving at a public university and a sample of 93 returned-questionnaires was used for further analysis. The data were analyzed using Pears...
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The challenge of being the agent of change and main actor in supporting the environmentally sustainable development has put higher-education institutions (HEIs) in its strategic position to inspire and lead its stakeholders in implementing the environment-oriented economic and social growth. The role of higher-education institutions (HEIs) in promo...
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This study aimed at extending the literature of the effect of performance appraisal on productivity and employees by connecting the employees' perception on fair performance appraisal and organizational justice-considered practices to job satisfaction and work performance. Prior studies did not explore much this relation due to the geographical sam...
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This study aimed at testing the poverty measurement and the choice of poverty reduction strategy by using the data in four regencies and one municipal in Special Province of Yogyakarta (Indonesia). The study observed the number of poor people in those regions for eight-year periods (2001-2008) after the Law of Local Government Autonomy was in force...
Article
In this paper, we calculate the related costs of transport, food, accommodation and time involved as well as the rate of visits as compared to the costs, and the benefits from the Alayan Cave System (ACS), by using the Individual Travel Cost Method (ITCM) to determine the educational and recreational values of the site. Data came from the linear re...
Article
In this paper, we address the issue of globalising language in the hospitality/tourism industry, as one of the key ingredients of sustainable development. English is and has been considered as the lingua franca of business, which is acceptable worldwide, and thus, it needs to be promoted as the medium of communication especially in the tourism/hosp...
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Prior empirical studies revealed that firms with high environmental performance tend to be profitable, but questions persist about the nature to the relationship. Those questions are referred to: "Does stronger environmental performance really lead to better financial performance?" Alternatively, "Is the observed relationship the outcome of some ot...
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As one of the national vision 2020's implementation programs, the establishment of a national Quality Assurance system focusing on the quality of the programs offered in terms of the general criteria of the structure and process of higher education is timely. In relating to the program, this paper aims to explore the efforts and other issues associ...
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Niche creation is a challenge among firms regardless of size, ownership and the kind of product/service they offer. Once it is created, fostering such niche becomes a greater issue. In this paper, we focused on the SMEs in emerging markets particularly in Malaysia. By using questionnaires, data was gathered from 100 employees working in SMEs partic...
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As the 21st century world would be a cellular age going by the phenomenal increase in cell phones worldwide, the Southeast Asia's market is experiencing a tremendous growth of mobile penetrations in the context of a region for developing countries with large population concentration. The mobile revolution has triumphed in Southeast Asia and become...
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A Mobile based payment system or m-commerce is an emerging issue of e-commerce in Malaysia. It is recognized by both academia and practitioners as one of the fastest growing and preferable medium of making business transactions. This study investigated the benefits of m-commerce payment method, and services satisfaction on m-commerce providers. Res...
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Over the last twenty years, after corporations have historically focused their reporting systems on the provision of financial information needed by managers and shareholders to assess risks and calculate returns, the global awareness of the need to assess the full spectrum of corporate value has grown dramatically. The triple bottom line or total...
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─ Corporate governance theory predicts that leverage affects agency costs and thereby influences firm performance. Agency costs represent important problems in corporate governance in both financial and non-financial industries. Prior evidences have demonstrated an association between ownership structures, capital structure, and firm performance. T...
Article
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A Mobile based payment system or m-commerce is an emerging issue of e-commerce in Malaysia. It is recognized by both academia and practitioners as one of the fastest growing and preferable medium of making business transactions. This study investigated the benefits of m-commerce payment method, and services satisfaction on m-commerce providers. Res...
Article
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As a key element of the economic growth, engine of employment, technological progress, and productivity improvements, foreign investment has become one of the integral parts of economic development strategies in many countries. There are two schools of thought that hypothesize the FDI determinants: economic factors and political factors. For the la...
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Theory and previous evidences provide conflicting predictions concerning the growth effects of foreign direct investment (FDI). The mainstream ideas support FDI as an engine of employment, technological progress, productivity improvements, and ultimately economic growth. Because of these significant benefits, attracting FDI has become one of the in...
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One of important determinants of national competitiveness is the quality of its higher education. This quality comes from the combination of excellent learning process and public satisfaction on the service delivered. Student satisfaction assessment is vital in determining service quality at higher learning institutions (HEIs). To remain competitiv...
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A potentially important but relatively unexplored factor in explaining human capital accumulation during college is mental state (health) problems. Recent empirical findings reveal the impact of mental state, i.e. positive mood, on the performance of the students in processing information. This kind of mental state facilitates cognitive process tha...
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The relentless searching of strategic sourcing, due to the fact that globalization is inevitable and today's manufacturers are competing in highly competitive environment, has pooled many business practices into two competing school of thoughts related to sourcing strategies, i.e. Transaction Cost Economics (TCE) Theory and Resource Based View (RBV...
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Resumen en español Tesis doctoral inédita. Universidad Autónoma de Madrid, Facultad de Ciencias Económicas y Empresariales, Departamento de Financiación e Investigación Comercial. Fecha de lectura: 19-09-08 Bibliogr.: h. [164]-192.- Apéndices Resumen en español
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Este estudio pretende demostrar la siguiente afirmación: “una estructura de capital adecuada es una decisión crítica para cualquier organización empresarial”. Amplía la documentación de la teoría de agencia que integra la relación de influencia existente entre directivos y accionistas de empresas. Para ello, propone un mayor vínculo entre la estruc...
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The failure of corporate-control transactions as strategic-oriented transactions to create significant values for their stockholders has triggered the management to deal with these phenomena by setting the right and best strategies and at the same time, to ensure company's growth in the future. This study tests empirically the implication of corpor...
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Few prior studies investigated a further link between ownership structure and firm performance in terms of post Asian Financial Crisis in 1997-1998 and explored the impact of the corporate governance recovery program. Using an agency framework, this research argued that the distribution of equity ownership among top managers and external block hold...
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The budgetary slack is a common figure in any public sectors, however, as the excess of requirements for resources or understatement of productive capability, the difference of those magnitudes indicates the disability of government officials to take into account all chances and risks in the future. This paper aims at analyzing the variance of expe...

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