Papers by Muhammad Sholahuddin
Analysis of Financial Performance Assessment using Economic Value Added (EVA) Method in Listed Company at Jakarta Islamic Index
Proceedings of the 20th Malaysia Indonesia International Conference on Economics, Management and Accounting
Benefit: Jurnal Manajemen dan Bisnis, Jun 15, 2015
The price of soybean in Indonesia some times have soared uncontrollable. The producer (especially... more The price of soybean in Indonesia some times have soared uncontrollable. The producer (especially micro enterprises) of tofu and tempe are no longerable to produce in that situation. Consequently the amount of tofu and tempe are rarely in the market, meanwhile they are one of the important needs of Indonesian people. In fact, the government adopted a policy of instant such as remove import duties on imported soybeans. The policy was not strategic and could be fatal, because the country would be flooded by soybean imports.While farmers were getting ready to go out of business. With quantitative and qualitative approaches, this paper analyzed regarding (1)to analyze the impact of increasing soybean price to operating income of tempe producers with operating income analysis (2)to analyze strategy of adjustments made by the producers of tempe to preserve their business with in depth interview. This analysis concluded that Operating income declined more than a half. That condition is very hard to continue their business. If the capital of producers of tempe was not enough strong, they would be going out of their business. In such difficult conditions, they did innotive strategy by reducing the size of tempe though at the same price.
The economic crisis has happened repeatedly. But with the existence of the Covid-19 Pandemic, cau... more The economic crisis has happened repeatedly. But with the existence of the Covid-19 Pandemic, causes and effects of the crisis were increasingly felt in real terms both by micro and macro. The purpose of this paper is to analyze qualitatively using various methods of enriching literature, the causes of crises and their solutions. The methodology of analysis of Islamic economics used in this paper is to link references from sources of Islamic law in the form of the Koran and As-Sunnah with the facts that are the object of the law. The analysis shows that the main causes of the economic crisis are: bad behavior of economic agents, external factors and events, poor governance, fiscal and monetary system instability. While alternative solutions in the perspective of Islamic Economics include: changing the bad behavior of economic agents, implementing economic management according to Sharia, creating social and political stability, stabilizing the fiscal and monetary system.
Cakrawala: Jurnal Studi Islam, 2017
Dana talangan haji di perbankan syariah meskipun sudah tidak beroperasi lagi, namun untuk melakuk... more Dana talangan haji di perbankan syariah meskipun sudah tidak beroperasi lagi, namun untuk melakukan rekonstruksi dana talangan haji diperlukan analisis mendalam strategi yang dilakukan ketika program tersebut masih dijalankan. Pendekatan yang dilakukan dengan analisis Business Model Canvas digunakan untuk menganalisis program tersebut. Untuk mengisi 9 kotak MBC dilakukan dengan wawancara mendalam kepada pegawai perbankan yang pernah menangani hal tersebut. Meskipun perbankan syariah sudah tidak menjalankan program tersebut, namun masih banyak lembaga keuangan syariah yang mendanai ibadah haji seperti Bank Perkreditan Rakyat Syariah, Baitul Mal Wat Tamwil dan Pegadaian Syariah.
Trade liberalization in Southeast Asian countries that are part of Asean Economic Community (Asea... more Trade liberalization in Southeast Asian countries that are part of Asean Economic Community (Asean Economic Community / AEC) cooperation will be effective on December 31, 2015. Local players seem to be forced to compete with the big players from abroad in the domestic market without any further protection from the government. Of course this should be anticipated gradually and sustainably. The purpose of this study is identifying strengths, weaknesses, opportunities and challenges of SMEs in 14 creative industry sectors in Surakarta. Primary data was collected by interviewing the actors creative economy and secondary data collected through the study of literature which was confirmed through interviews with actors of creative economy in that city. The strengths factors of creative economy in that city includes having special characteristics that are not shared by other regions, such as traditional dances, batik, culinary and various annual art shows as well as a variety of historic bu...
Abstrak. The aim of this study is to determine several variables that the impact of capital struc... more Abstrak. The aim of this study is to determine several variables that the impact of capital structure of firms listed on the Jakarta Islamic Index. This study uses 40 samples of companies registered in JII 2008-2017 that were analyzed using panel data. The results of this study differ from previous studies, especially on company size and profitability variables not significantly influence capital structure. While the liquidity variable, the company growth opportunity has a negative effect on capital structure. The results of this study contribute to capital market players to be more careful in creating the composition of capital structure, especially in terms of liquidity and growth opportunity of the company. The right capital structure strategy will produce an optimal capital structure by considering the variable liquidity and growth opportunity.
Developing Country Studies, 2015
Micro, Small and Medium Enterprises ( MSMEs ) in creative industry is expected to compete in the ... more Micro, Small and Medium Enterprises ( MSMEs ) in creative industry is expected to compete in the global era , but weak in the synergy between stakeholders . Therefore local government and stakeholders need to make serious efforts to start making mapping , strategic plans and related regulation for creative industry in Indonesia by taking case in Surakarta , Central Java . The aims of this research were (1) mapping potential of creative industries in the city of Surakarta; (2) To analyze the characteristic of local wisdom-based SMEs of creative industries. Techniques of analysis in this study was a comparative descriptive analysis of the results of this study with previous related research . Mapping results indicate that there is the presence of the natural pattern of grouping and linkage type of business districts within a region . Another important finding is the creative industrial MSMEs in Surakarta have enough competitive with a variety of indicators which have been able to sur...
Indonesia is one of the country with the most widely Hajj pilgrims. This extraordinary amount cau... more Indonesia is one of the country with the most widely Hajj pilgrims. This extraordinary amount causes queues to wait for the pilgrimage, since Islamic banks offer a bailout system for anyone who is able and eager to hajj. Hajj funds are certainly not small. Before the crisis and the rupiah value is still strong, hajj funds were only about 10 million. But after the crisis, the cost ballooned to 40 million rupiah. This study analyzes the perceptions of bank customers to finance / lend Hajj bailout provided by Islamic banks in Indonesia. This study uses a quantitative approach to content analysis of data collection using interviews with 10 pilgrims who used Hajj bailout in Islamic banks. Although there is a debate about the advantages and disadvantages of Hajj bailout by Islamic financial institutions, some of the advantages of this program according to the customers' perception are: facilitating Hajj pilgrims’ funds, helping the economy of the nation, helping SMEs, helping Islamic ...
Peran Keuangan Lembaga Mikro Syariah untuk Usaha Mikro di Wonogiri
Tight competition and regulations against Indonesian entrepreneurs make it not easy to develop. H... more Tight competition and regulations against Indonesian entrepreneurs make it not easy to develop. However, not a few of them are successful in doing business in Malaysia. There is still little research on the potential map of Indonesian entrepreneurs in Malaysia, in fact studies have not yet been found in the contribution of Muslim entrepreneurs to Muhammadiyah activities in Malaysia. This study aims to make a map of potential Muslim entrepreneurs from Muhammadiyah Indonesia in Malaysia and analyze the contribution of Muslim entrepreneurs from Muhammadiyah Indonesia in Malaysia to Muhammadiyah's requirements at PCIM Kuala Lumpur, Malaysia. The research method with a qualitative approach which was then used to create a potential map supplemented with interviews of two Muslim Muhammadiyah Indonesian citizens in Kuala Lumpur, Malaysia to confirm the contribution of Muhammadiyah Indonesian Muslim entrepreneurs in Kuala Lumpur to the PCIM Kuala Lumpur requirements was conducted with an...
Peran Model Kepemimpinan Spiritual Dalam Mendukung Program Pengentasan Kemiskinan (Studi Pada Baitul Mal Wat Tamwil)
Some research shows that microfinance institutions can help them improve their standard of living... more Some research shows that microfinance institutions can help them improve their standard of living. In organizational behavior theory, a leader really determines the success of a program. However, no leadership model has been found in Islamic microfinance institutions that play a role in the success of the program to help increase the lives of customers who are on the verge of poverty. Research in the first year has concluded that vision, hope / faith, altruistic love, meaning / calling, membership, commitment and job satisfaction have a significant positive effect on spiritual leadership. The implication of the results of this study is that the management of human resources (HR) and company management along with all policies directly related to HR aspects are better based on the application of spiritual leadership by managers. However, empirical evidence has not yet been found that the role of spiritual leadership on the successful management of poverty alleviation programs in Islam...
Pemulihan Keuangan Lembaga Keuangan Mikro Syariah (BMT)Paska Bencana Alam DI Kabupaten Klaten
The aim of this research is to analyze strategy of sharia microFinance (BMT) to recover their fin... more The aim of this research is to analyze strategy of sharia microFinance (BMT) to recover their financial condition after earthquake. This research uses Qualitative method with Miles dan Huberman analysis. The result of the research is to recover the financial condition after earthquake, BMT uses two strategy: To alleviate Non Performing Finance and to search funding foundation. BMT implement rescheduling, reconditioning, dan restructuring to alleviate non performing financing. The second strategy is BMT searching of funding from government's budgeting, province's budgeting, PKBL (government's firm), foreign non government organization (NGO) i.e. GTZ and sharia banking.
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Papers by Muhammad Sholahuddin