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The Determinants of Home Mortgage Default Probability: The Effect of Loan and Borrower’s Characteristics 住房抵押贷款违约概率的决定因素:贷款和借款人特征的影响
Pub Date : 2021-02-25 DOI: 10.4108/EAI.4-11-2020.2304567
Y. Rachmansyah, H. Harijono, R. Prabowo
. Housing is one of the individuals' basic needs besides food and clothing, and house demand will increase continuously to respond to the increasing population. Consequently, the gaps between housing needs and availability (backlog) in Indonesia remains high. However, home mortgage default probability is still a crucial issue for banks. Investigating the factors that explain home mortgage default probability is important for banks to mitigate the credit default risk. Among these numerous factors, loan and borrowers' characteristics likely play significant roles in determining home mortgage probability. Hence, this study seeks to analyze the effects of credit and borrowers' characteristics on home mortgage default probability. One hundred and thirty-three mortgage customers of the Semarang Branch Office of Bank X are selected as the research sample through the purposive sampling method. Because the dependent variable has discrete values representing different loan qualities (from liquid to doubtful), the data is then analyzed using the ordered probit regression analysis. The results show that loan to value (LTV) is the credit characteristic that affects home mortgage default probability, implying that higher LTV ratios will increase home mortgage default. Meanwhile, education level is the borrower's characteristic that significantly affects home mortgage default probability. This study offers the following managerial implications. First, banks should consider their borrowers' education level. In this respect, education level is closely related to a broader perspective and the amount of income. Second, banks should also consider LTV when allocating home mortgages because it indicates potential borrowers' capacity to pay. Our findings inform banks to take potential borrowers’ education levels into account when making home mortgage credit decisions. Education levels are closely related to broader perspectives and higher income. Meanwhile, LTV (a ratio between credit amount and property value) is related to the capacity to repay. Higher property values imply lower LTV ratios and eventually
. 住房是除温饱之外的个人基本需求之一,随着人口的增长,住房需求将不断增加。因此,印度尼西亚的住房需求和供应(积压)之间的差距仍然很大。然而,住房抵押贷款违约概率对银行来说仍然是一个关键问题。研究住房抵押贷款违约概率的影响因素对银行降低信用违约风险具有重要意义。在这些众多因素中,贷款和借款人的特征可能在决定房屋抵押贷款概率方面发挥重要作用。因此,本研究试图分析信贷和借款人特征对住房抵押贷款违约概率的影响。采用目的抽样法,选取X银行三宝垄分行的133名按揭客户作为研究样本。由于因变量具有代表不同贷款质量(从流动到可疑)的离散值,因此使用有序probit回归分析对数据进行分析。结果表明,贷款价值比(LTV)是影响住房抵押贷款违约概率的信用特征,这意味着较高的LTV比率将增加住房抵押贷款违约概率。同时,受教育程度是借款人的特征,显著影响住房抵押贷款违约概率。本研究提供了以下管理启示。首先,银行应该考虑借款人的教育水平。在这方面,教育水平与更广阔的视野和收入的多少密切相关。其次,银行在分配住房抵押贷款时也应该考虑LTV,因为它表明了潜在借款人的支付能力。我们的研究结果告诉银行,在做出住房抵押贷款决定时,要考虑潜在借款人的教育水平。教育水平与更广阔的视野和更高的收入密切相关。同时,LTV(信贷金额与财产价值之比)与偿还能力有关。较高的房产价值意味着较低的LTV比率,最终
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引用次数: 0
Investor Competence and Decision Familiarity Bias Analysis for Portfolio Diversification 投资组合多元化的投资者能力与决策熟悉度偏差分析
Pub Date : 2021-02-25 DOI: 10.4108/EAI.4-11-2020.2304562
Sherly Nurcahya, S. Maharani
. Investor’s decision to maximize returns and reduce investment risk is to diversify their portfolios. According to the Behavioral Finance study, the investment decision is influenced by emotional psychology. Therefore, this study aims to examine psychological factors, that is investor competence and familiarity bias towards the decision of individual investor portfolio diversification. Data were collected using a questionnaire for active investors in Malang, Surabaya and Jakarta. Research questionnaire were distributed in person or online. The results showed that the competence investors has a positive and significant effect on the decision of investor portfolio diversification. Meanwhile, familiarity bias has a significant negative effect on investor portfolio diversification decision. This reflects that investment decisions in trading are influenced by limited rationality, emotional factors, and individual personality traits. Whereas in conditions of economic and financial uncertainty, its is believed that humans cannot escape the aspects of psychological bias in the decision-making process.
. 为了使投资收益最大化,降低投资风险,投资者的决定是使他们的投资组合多样化。根据行为金融学的研究,投资决策受情绪心理的影响。因此,本研究旨在探讨影响个人投资者投资组合多元化决策的心理因素,即投资者能力和熟悉度偏差。数据是通过对玛琅、泗水和雅加达的活跃投资者进行问卷调查收集的。调查问卷以面对面或在线的方式发放。结果表明,胜任投资者对投资者投资组合多元化决策具有显著的正向影响。同时,熟悉偏差对投资者的投资组合多元化决策有显著的负向影响。这反映了交易中的投资决策受到有限理性、情感因素和个体人格特征的影响。然而,在经济和金融不确定的条件下,人们认为,在决策过程中,人类无法逃脱心理偏见的影响。
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引用次数: 0
Going Concern of Sambu Barumbun Metaphor in Mamasa Culture, West Sulawesi Indonesia 印尼西苏拉威西马马萨文化中Sambu Barumbun隐喻的持续经营
Pub Date : 2021-02-25 DOI: 10.4108/EAI.4-11-2020.2304622
Natalia Paranoan, Julianty Julianty, Afian Dezi Sanda Sipi, Anthon Paranoan, N. Eny
This study reveals a going concern with cultural metaphors. This study aims to reveal the concept of sustainability (going concern) in the metaphor of the cultural products of Sambu 'Barumbun in Mamasa Regency, West Sulawesi, Indonesia, which still exists today. The research method in this study is a qualitative method through observation, interviews and documentation. Data obtained by interviewing four informants who know clearly the object under study. The data were analyzed using semiotic analysis, namely the study of signs, in which the meaning of each person will be different according to culture, ideology, and experience. The results of this study indicate that Sambu 'Barumbun has a going concern concept which is used when customary activities are also used as a source of income for the Mamasa community.
本研究揭示了对文化隐喻的持续关注。本研究旨在揭示可持续发展的概念(持续经营)的隐喻在Sambu 'Barumbun文化产品在马马萨摄制,西苏拉威西岛,印度尼西亚,今天仍然存在。本研究的研究方法为定性法,采用观察法、访谈法和文献法。通过采访四位清楚了解研究对象的举报人获得的数据。数据分析使用符号学分析,即符号的研究,其中每个人的意义会根据文化,意识形态和经验而不同。本研究的结果表明,Sambu 'Barumbun有一个持续经营的概念,当习惯活动也被用作Mamasa社区的收入来源时,就会使用这个概念。
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引用次数: 0
Implementation of Accounting in Improving the Financial Statements Quality of Islamic Boarding School in Indonesia 会计在提高印尼伊斯兰寄宿学校财务报表质量中的应用
Pub Date : 2021-02-25 DOI: 10.4108/EAI.4-11-2020.2304558
Dewi Kirowati, S. Anggraeny, R. I. Suhasto
. The emergence of the IBS Accounting Guidelines that were effectively used in 2018, has greatly helped Islamic Boarding School (IBS) in Indonesia in preparing financial reports. Based on the data base for IBS in the Ministry of Religion, until 2019 there are 29 IBS with approximately 7700 students. IBS are non-profit organizations, namely organizations that obtain their own capital or fund capital by increasing the surplus, accepting donations or donations from individuals or community groups. This study aims to determine the extent to which the implementation of IBS accounting guidelines in improving the quality of financial reports of the Al-Mujaddadiyyah Islamic Boarding School. This type of research is qualitative research, using descriptive methods. Data presented in descriptive form without being processed with data reduction analysis techniques, data presentation, and drawing conclusions. With this research, it is expected to obtain information about preparing IBS financial reports according to standards, namely the IBS Accounting Guidelines.
. 2018年有效使用的IBS会计准则的出现,极大地帮助了印度尼西亚伊斯兰寄宿学校(IBS)准备财务报告。根据宗教部的IBS数据库,截至2019年,有29个IBS,约7700名学生。IBS是非营利组织,即通过增加盈余、接受捐赠或个人或社区团体的捐赠来获得自己的资本或基金资本的组织。本研究旨在确定IBS会计准则的实施在提高Al-Mujaddadiyyah伊斯兰寄宿学校财务报告质量方面的程度。这种类型的研究是定性研究,使用描述性方法。以描述性形式呈现的数据,没有经过数据简化分析技术、数据表示和得出结论的处理。通过这项研究,预计将获得有关根据标准编制IBS财务报告的信息,即IBS会计准则。
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引用次数: 1
Criminological Review of Criminal Action Involvement of Narcotics by Minors 未成年人涉毒犯罪行为的犯罪学研究
Pub Date : 2021-02-25 DOI: 10.4108/EAI.4-11-2020.2304606
Sem Rakinaung, A. Salim
. Makassar City, even though the officers are trying to prevent drugs, is very sad on the contrary that many minors are involved in drugs. In 2019, 16 minors were involved in drugs, in 2018 there were 13 children. The object of research is to examine the factors behind the criminal acts involving narcotics by minors in the city of Makassar; and reviewing efforts to tackle criminal acts involving narcotics by minors in the city of Makassar. The results showed, the factors that led to the crime of trafficking narcotics committed by children, namely, environmental factors around them, including:1) Family Factor. A household that does not have harmony in the household makes the child frustrated. Lack of attention and affection that is needed by the child makes the child disappointed and nervous. As an outlet for frustration with their disappointment, the child takes drugs to relieve the hurt he feels; 2) Environmental factor. Intercourse with children outside the home without the supervision of parents or family, children easily get bad associations. The life attitude of children who are still unstable will easily be affected by the involvement of narcotics trafficking, both being intermediaries and over time they will become consumptive; 3) Economic limitations. The vision to fulfill the economic limitations of children is that the sale of narcotics which is very promising to generate large amounts of money will lead to children trafficking narcotics as an intermediary for the sale and purchase of narcotics. Efforts that have been made in the prevention of the criminal act of trafficking narcotics committed by children, namely, pre-emptive efforts made in the form of eductive activities with the aim of knowing the causes, driving and opportunity factors of crime; Repressive measures are carried out by law enforcement officials after the occurrence of a criminal act. The purpose of the actions imposed on the perpetrators of drug trafficking crimes as a deterrent effect for the criminals of narcotics trafficking.
。望加锡市的官员们虽然在努力防止毒品,但却很可悲,相反,许多未成年人都卷入了毒品。2019年有16名未成年人涉毒,2018年有13名儿童涉毒。研究的目的是考察望加锡市未成年人毒品犯罪行为背后的因素;审查在望加锡市打击未成年人毒品犯罪行为的努力。结果表明,导致儿童贩卖毒品犯罪的因素,即儿童周围的环境因素,包括:1)家庭因素。一个不和谐的家庭会让孩子感到沮丧。缺乏孩子所需要的关注和关爱会让孩子感到失望和紧张。作为对失望的沮丧的发泄,孩子用毒品来减轻他所感受到的伤害;2)环境因素。在没有父母或家人监督的情况下与孩子在室外发生性关系,孩子容易产生不良的联想。仍然不稳定的儿童的生活态度很容易受到贩运毒品的影响,他们既是中间人,久而久之就会成为吸毒者;3)经济局限性。满足儿童经济限制的设想是,销售麻醉品很有可能产生大量的金钱,这将导致儿童贩运麻醉品,作为买卖麻醉品的中介。在预防儿童贩运麻醉品的犯罪行为方面所作的努力,即以教育活动的形式进行的先发制人的努力,目的是了解犯罪的原因、动机和机会因素;镇压措施是在犯罪行为发生后由执法人员实施的。对贩毒罪犯采取行动的目的是对贩毒罪犯起到威慑作用。
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引用次数: 0
The Potential of Village Tour in Development Mice Destination 乡村旅游在会展目的地开发中的潜力
Pub Date : 2021-02-25 DOI: 10.4108/EAI.4-11-2020.2304580
P. Priyanto, A. Setiyawan, Dahris Shahab
. The existence of a tourist village in the course of tourism development in the country is very important. He has been able to color a more dynamic variety of destinations in a tourism area so that tourism is not always trapped in the development trend of mass tourism. Constraints and challenges in tourism villages are the limited vision or clear perception of the community about tourism, low interest and public awareness, low human resource capacity, cultural barriers, frequent coercion and deception of tourists. The development of a tourism village can create local tourism products as the basis for planning and marketing products, so as to create economic stability and resilience. This research uses Analytical Hierarchy Process with descriptive qualitative method. The sampling technique will be used using strata proportional sampling technique. In the identification of natural attractions, there are 2 (two) out of 4 (four) identified attractions, the MICE Potential in Girimulyo Tourism Village (Srambang Park). Generally, the components of MICE activities are integrated into a training or sports package. The approach to developing MICE in Girimulyo Tourism Village is assessed from several main points related to the availability of natural resources, creativity of human resources, as well as readiness and appropriateness of the aspects of facilities, activities, amenities and attractions that support MICE activities.
. 旅游村的存在在我国旅游发展过程中具有十分重要的意义。他已经能够在一个旅游区中为更有活力的各种目的地着色,这样旅游就不会总是被大众旅游的发展趋势所束缚。旅游村面临的制约和挑战是:社区对旅游的认识和认知有限,公众对旅游的兴趣和意识不高,人力资源能力不足,文化障碍,对游客的胁迫和欺骗频繁发生。旅游村的开发可以创造当地的旅游产品作为规划和营销产品的基础,从而创造经济的稳定性和弹性。本研究采用层次分析法和描述性定性方法。采样技术将采用地层比例采样技术。在自然景点的确认中,4个(4个)景点中有2个(2个)被确认为“吉林里旅游村(沙邦公园)的MICE潜力”。一般来说,会展活动的组成部分被整合到一个训练或运动包中。在吉丽木里旅游村开发MICE的方法,从自然资源的可用性、人力资源的创造性以及支持MICE活动的设施、活动、便利设施和景点方面的准备和适当性等几个主要方面进行评估。
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引用次数: 0
The Phenomenon of Terrorism Crime and the Development of Technology in the Perspective of Human Rights 人权视域下的恐怖主义犯罪现象与科技发展
Pub Date : 2021-02-25 DOI: 10.4108/EAI.4-11-2020.2304621
Gracesy Christy, Lisma Lumentut, M. Daud, Dayen Baho
. Combating terrorism is closely related to the concept of upholding and protecting human rights in a democratic country. The issue of terrorism has become a transnational issue that threatens world peace, therefore comprehensive efforts are very important for the government to overcome this problem both legally, formally, institutionally and practically. The purpose of this research is to harmonize the implementation of regulations on terrorism from a human rights perspective, because it is still a pros and cons in Indonesian society. The writing of this article uses normative legal research methods. The results showed that the Indonesian government had effective regulations in dealing with criminal acts of terrorism; also regarding the content of the material on various articles listed in Law no. 5 of 2018 is still not fully in line with the principles and norms of human rights which result in the potential or threat of human rights violations, criminal acts of terrorism are increasingly developing with technological advances that are currently spreading into social life.
. 打击恐怖主义与民主国家维护和保护人权的理念密切相关。恐怖主义问题已经成为一个威胁世界和平的跨国问题,因此政府在法律上、形式上、制度上和实践上的综合努力是非常重要的。本研究的目的是从人权的角度协调恐怖主义法规的实施,因为它仍然是印尼社会的一个利弊。本文的写作采用了规范的法学研究方法。结果表明,印尼政府在处理恐怖主义犯罪行为方面有有效的法规;此外,关于第11号法律所列各种物品的资料内容。2018年第5号决议仍然不完全符合人权原则和规范,这导致侵犯人权的可能性或威胁,恐怖主义犯罪行为随着技术进步而日益发展,目前正在蔓延到社会生活中。
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引用次数: 0
The Implementation of Law For TNI Soldiers as a Perpetrator of Desertion Crimes TNI士兵擅离职守罪的法律实施
Pub Date : 2021-02-25 DOI: 10.4108/EAI.4-11-2020.2304609
RR Astuty, S. Sudarno
. This study aims todetermine the Principles of Law Enforcement for TNI Soldiers as Perpetrators of Desertion and Good Law Enforcement Strategies for TNI Soldiers as perpetrators of desertion. This research was conducted in the Main Military Justice Jurisdiction III-16 Makassar which includes, (1) Kodam XIV / Hasanuddin Region consists of 3 (three) Korem namely Korem 141 Bone, Korem 142 Mamuju West Sulawesi, and Korem 143 HO Kendari Southeast Sulawesi. (2) Lantamal 6 Makassar region consists of Manado Lanal Command, Lanal Palu Command, Lanal Kendari Command and (3) Makassar Koopsau II Region consisting of Manado Lanud, Lanud Kendari, and their respective main regiments. The research method used is juridical researchThe approach used in the research is a juridical approach and a sociological approach, the sources and types of data are primary and secondary data, the data are analyzed qualitatively descriptive.. The results of this study showed that, The Application of Law for TNI Soldiers, As Perpetrators of Desertion, namely Article 87 of the Military Criminal Law (KUHPM), the Law on Military Discipline (KUHDM), The Rule of Military Discipline (PDM), and other Regulations. Good Law Enforcement Strategy for TNI Soldiers as a desertion actors by preventive means by using the ethical system and military norms that until now embraced by the TNI, namely; Oath of Soldier, Sapta Marga, Eleven Principles of TN Leadership, and Eight Compulsory TNI. Efforts to Counsel Law and Memerikan Spiritual Mental Development (Religion) to members of the TNI, and Represif Law of the Republic of Indonesia Number 31 Year 1997 on Military Justice.
. 本研究旨在确定TNI士兵作为逃兵犯罪者的执法原则和TNI士兵作为逃兵犯罪者的良好执法策略。本研究在主要军事司法管辖区III-16望加锡进行,其中包括:(1)Kodam XIV / Hasanuddin地区由3(3)个Korem组成,即Korem 141 Bone, Korem 142 Mamuju West Sulawesi和Korem 143 HO Kendari Southeast Sulawesi。(3)望加锡库普索二区由万鸦老·拉努德、拉纳尔·帕卢、拉纳尔·肯达里和各自的主要团组成。本研究采用的研究方法为法学研究方法和社会学研究方法,数据的来源和类型为一手数据和二手数据,对数据进行定性分析和描述性分析。这项研究的结果表明,适用法律对交通噪音指数士兵,作为遗弃的实施者,即军事刑法第87条(KUHPM),军事纪律(KUHDM),法律规则的军事纪律(PDM),和其他规定。为作为逃兵行为者的TNI士兵制定良好的执法战略,通过使用TNI迄今为止所接受的道德体系和军事规范,采取预防性手段,即;士兵宣誓,萨帕塔·玛尔加,TN领导的11项原则,以及8项强制性TNI。向TNI成员提供法律和印度尼西亚精神心理发展(宗教)咨询的努力,以及印度尼西亚共和国1997年第31号关于军事司法的代表法。
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引用次数: 0
Development Strategy for Superior Cassava Products for MSMEs in Deli Serdang Regency 德里塞当县中小微企业木薯优质产品发展战略
Pub Date : 2021-02-25 DOI: 10.4108/EAI.4-11-2020.2304553
P. Remus, H. Tarmizi, Rahmanta Rahmanta, A. Purwoko
Cassava is one of the superior commodities of MSMEs in Deli Serdang. The existence of government regulation of Deli Serdang which stipulates cassava as the superior product of Deli Serdang has not maximally helped MSMEs in developing superior products of cassava as a quality processed product and failed in increasing MSMEs income. It is necessary to know how the strategy for developing superior products of MSMEs in Deli Serdang. The purpose of this research is to find aspects of internal and external environmental consist of strengths, weaknesses, opportunities and threats for the development of superior products of Deli Serdang MSMEs, which can used to improve quality and competitiveness. The approach used in this research is descriptive qualitative with the SWOT analysis. The results show that the superior cassava product development program has 8 strength factors, 10 weakness factors, only 5 opportunity factors and 5 threat factors which indicate that the development of superior cassava products has not succeeded. The findings require a strategy to increase the strength factor, overcome shortages, face threats and increase opportunities by formulating 10 strategies for developing program of superior cassava products and increasing income.
木薯是德里Serdang中小微企业的优势商品之一。政府对Deli Serdang的监管规定将木薯作为Deli Serdang的优势产品,这并没有最大限度地帮助中小微企业开发木薯作为优质加工产品的优势产品,也没有增加中小微企业的收入。有必要了解德里Serdang中小微企业如何开发优势产品的战略。本研究的目的是发现内部和外部环境方面的优势,劣势,机会和威胁,为德利Serdang中小微企业的优势产品的发展,可以用来提高质量和竞争力。本研究采用的方法是描述性定性与SWOT分析。结果表明:木薯优势产品开发方案有8个优势因素,10个劣势因素,只有5个机会因素和5个威胁因素,表明木薯优势产品开发不成功。研究结果要求制定一项战略,通过制定10项战略来开发优质木薯产品和增加收入,从而增加力量因素,克服短缺,面对威胁和增加机会。
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引用次数: 0
Using Authentic Materials to Improve Listening Comprehension in Esl Classroom 运用真实材料提高英语课堂听力理解
Pub Date : 2021-02-25 DOI: 10.4108/EAI.4-11-2020.2304543
M. Maftuh, Imam Mudofir, M. Aziz, E. Maaliah, N. Fitriana
This research purposes is, to identify and prove whether the implementation of authentic material was able to improve the students’ listening skills. The research method used in this study was a classroom action research (CAR). It was performed in two cycles at the ESL Classroom especially in the intermediate listening class. The procedures in every cycle included planning, implementing, observing, and reflecting. Qualitative data was collected by using observation, interview, and questionnaire. Analysing data by comparing the mean score of pre-test and post-test was as a quantitative data. The research findings prove that authentic materials improve the students’ listening skill. It was demonstrated by the improvement of students’ mean score. The mean score of pre-test was 58, 38. It improved to 70.15 in first post-test and improved up to 82,82 in second post-test. The improvements of students’ listening comprehension are: 1) the students could locate and determine the general information (central idea), 2) the students could discover the detail information, 3) the students could find the implicit information, 4) the students could find the purpose, and 5) the students were able to make inference. In order to get maximum achievement of students listening comprehension, the lecturer ought to apply authentic material as an interesting teaching media which will seize students’ attention to participate in listening comprehension.
本研究的目的是识别和证明真实材料的实施是否能够提高学生的听力技能。本研究采用课堂行动研究(CAR)的研究方法。在ESL课堂上,特别是在中级听力课上,它分两个周期进行。每个周期的程序包括计划、执行、观察和反思。采用观察法、访谈法和问卷法收集定性资料。通过比较前测和后测的平均得分来分析数据,作为定量数据。研究结果证明,真实的材料可以提高学生的听力技能。学生平均成绩的提高证明了这一点。前测平均分为58分、38分。第一次后测提高到70.15,第二次后测提高到82,82。学生听力理解能力的提高表现在:1)学生能够定位和确定总体信息(中心思想),2)学生能够发现细节信息,3)学生能够发现隐含信息,4)学生能够找到目的,5)学生能够进行推理。为了使学生的听力理解达到最大的效果,教师应该使用真实的材料作为有趣的教学媒介,抓住学生的注意力参与到听力理解中来。
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引用次数: 1
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Volga Region Farmland
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