Papers by Mahatma Kufepaksi
Jurnal Pemberdayaan Umat
Purpose: This activity aims to provide knowledge and insight to the people of Bumi Sari Village, ... more Purpose: This activity aims to provide knowledge and insight to the people of Bumi Sari Village, Natar District, Lampung Selatan, especially for those who work as staff at BUMDes Mitra Lestari related to financial technology literacy. Methodology: The method used in this activity is the delivery of material in the form of coaching, discussion, and monitoring. Results: The results of this activity received positive responses from the training participants and were also able to increase participants' knowledge and insight related to financial technology. Conclusions: Based on the results of the study in general, there was an increase in the participants' post-test scores when compared to the pre-test, with a better distribution of scores. Thus, this training can be said to be successful because the participants are able to absorb the material well. Limitations: This activity has limited time for service, because in order to achieve the desired goals optimally, it is necessary ...
International Journal of GEOMATE
This study aims to analyze and describe the social and environmental responsibility of companies ... more This study aims to analyze and describe the social and environmental responsibility of companies listed on the stock exchange in three developing countries, namely Indonesia, Malaysia, and Thailand, before and after 2007. In 2007 chosen as the cutoff year of observation as we find in each country was issued a significant environmental policy. By doing a differential test on a sample of 24.626 independent firms/years, the study found that four variables used in this study overall showed a significant difference. Environmental costs, the disclosure of environmental, social disclosure, and ESG that observed in three developing countries has increased significantly after 2007. However, we did not find a significant increase in environmental costs in Indonesia. The findings of this study indicate that the theory of regulation, particularly for public interest theory, can explain clearly the reasons why the four variables research has increased after the environmental regulations issued.
International Journal of Economics and Management Studies
International Journal of Economics and Finance
Intellectual capital is one of the important factors that play a major role in various economic a... more Intellectual capital is one of the important factors that play a major role in various economic activities. However, its position in overcoming economic problems in Indonesia is still not too much considered. Based on this, this study aims to describe the role of intellectual capital, especially the Human Capital dimension, in overcoming the economic slowdown in Indonesia. The type of this research is qualitative. Research data in the form of secondary data is collected through documentation studies of data related to human capital and Indonesia’s economic growth, as well as the results of previous studies that have relevance to the topic of this study. The data is then analyzed using qualitative methods. The results of this study are: 1) Intellectual capital has a fundamental role in overcoming the economic slowdown in Indonesia. One dimension of intellectual capital, namely human capital, can have a diverse role, both as a factor of production and as an economic policy maker, so t...
International Journal of Behavioural Accounting and Finance
Kinerja Jurnal Bisnis Dan Ekonomi, Aug 1, 2010
This current experimental research is done to answer whether the male or female investors tend to... more This current experimental research is done to answer whether the male or female investors tend to be more overconfident in the capital market. There are thirty volunteers participate in this research. According to research design, all participants are classified into two groups based on their score of overconfidence, namely less informed investors, and more informed investors and each group will be analyzed based on the gender perspective. It employs three different types of treatments consisting of the state of no available market information, the guidance of prediction, and the signal of good news. The result demonstrates that male and female investors in the group of less informed investors perform the same level of overconfidence when there is no available market information. Meanwhile, in the group of more informed investors, male investors tend to be more overconfident than do female ones. After accessing the guidance of prediction, male investors in the group of the less and the more informed investors tend to be more overconfident than do the female investors. After receiving good news, female investors in the group of less informed investors tend to be more overconfident than do male ones, but in the group of more informed investors, both male and female investors perform the same level of overconfidence.
Journal of Indonesian Economy and Business, 2008
Journal of Indonesian Economy and Business, Jan 5, 2011
Research in psychology suggests that less informed individuals may suffer from overconfidence (Bu... more Research in psychology suggests that less informed individuals may suffer from overconfidence (Burson et al. 2006; Moore and Cain, 2007; Kruger and Dunning, 2002). Empirical research shows that overconfident investors tend to overvalue the price of the securities so that they unconsciously buy the security at a higher price or sell the security at a lower price than its fundamental value leading to transaction losses (Odean, 1999; Raghubir and Das, 1999; Barber and Odean, 2000). This current research is an experimental research project that addresses these issues. According to the research design, all investors are classified into three groups based on their scores of overconfidence following Klayman et al., (1999), namely the less informed investors, the rational (average) investors, and the more informed investors. In order to observe the responses of the groups of investors when they receive valuable information, the research employs four different types of treatments consisting ...
People unconsciously exhibit overconfident behaviour in the capital market. Previous empirical re... more People unconsciously exhibit overconfident behaviour in the capital market. Previous empirical research demonstrates that there is no conclusive result whether male or female investors tend to be more overconfident. The purpose of this research is to investigate whether male investors tend to be more overconfident than female ones in an emerging capital market such as in Indonesian capital market. According to this experimental research design, all participants are classified into two groups based on their score of overconfidence, namely less informed investors, and more informed investors. This research employs three different types of treatments, but only two treatments will be analysed consisting of the state of no available market information, and the provision of good news. The result demonstrates that male and female investors perform the same level of overconfidence when there is no available market information. Male and female investors are more likely to perform higher mean...
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Papers by Mahatma Kufepaksi