Suherman

Profil Prof. Dr. Suherman, M.Si


Prof. Dr. Suherman, M.Si
Faculty of Economics
Universitas Negeri Jakarta, Indonesia
Email:  suherman@unj.ac.id
 
 
 

 

Academic Positions
Professor of Finance, July 2022-present (FEUNJ)
Associate Professor of Finance, 2019-2022 (FEUNJ)
Assistant Professor of Finance, 2013-2019 (FEUNJ)
Lecturer, 2006-2013 (FEUNJ)
Adjunct Lecturer, 2005-2006 (FEUNJ)
Education
Doctorate (Finance), PPs Universitas Padjadjaran, 2003-2009
Master (Finance), FE Universitas Gadjah Mada, 1998-2001
Diploma (English Literature), STIBA Malang, 1993-1997
Bachelor (Marketing), FE Universitas Brawijaya, 1992-1997
ID Link
ID Scopus : Klik Disini
ID Scholar : Klik Disini
ID SINTA : 6134771
Research Interest
Corporate Governance; Initial Public Offerings (IPOs); Asset Pricing; Capital Structure; Dividend Policy
Courses
Corporate Finance Theory (PhD), Empirical Methods in Finance (PhD), Financial Management, Investment Management, Seminar on Financial Management
Publication
First Author
Suherman, S., Mahfirah, T.F., Usman, B., Kurniawati, H. and Kurnianti, D. (2023), “CEO characteristics and firm performance: evidence from a Southeast Asian country”, Corporate Governance, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/CG-05-2022-0205 (Scopus Q1)
Suherman, S., Kurniawati, H., Mohidin, R. (2023). “Determinants of financial risk tolerance: Evidence from the Indonesian millennials”, Humanities and Social Sciences Letters, 11(1), pp. 67–82
Co – Author
Buchdadi, A.D., Suherman, S., Mahfirah, T.F., Usman, B., Kurniawati, H. (2023). “An assessment of female executives’ influence on bank performance in Indonesia based on critical mass theory”, International Journal of Management and Sustainability, 12(1), pp. 26–43
ND Fitri, S Suherman, S Dalimunthe. (2023). Does Innovation Affect Firm Value Study On Compas100 Index Companies For The 2016-2020 Period. International Journal Of Education, Social Studies, And Management (IJESSM), 3(1), pg.80-88.
DE Anisyana, S Suherman, D Kurnianti. (2023). Faktor-Faktor Yang Mempengaruhi Non Performing Loan Dimoderasi Oleh Inflasi. Indonesian Journal of Economy, Business, Entrepreneurship and Finance 3 (1) pg.1-13.
First Author
 
Co-Author
Gatot N. Ahmad, Muhammad R.P. Prasetyo., Agung D. Buchdadi, Suherman, Umi Widyastuti, Herni Kurniawati. 2022. “The Effect of CEO Characteristics on Firm Performance of Food and Beverage Companies in Indonesia, Malaysia and Singapore”, Quality – Access to Success, Vol. 23, No. 186, 111-122.
MES Siregar, E Vitrianudin, S Dalimunthe, S Suherman, GN Ahmad, A Zakaria. (2022). Do Corporate Governance Mechanisms Matter For Dividend Policy? Evidence From Food And Beverage Industry In Southeast Asian Economies. Academy of Accounting and Financial Studies Journal 26, 1-14.
IN Bukusu, S Suherman, D Kurnianti. (2022). Pengaruh Utang terhadap Kinerja Perusahaan Dimoderasi oleh Kepemilikan Institusional. Jurnal Bisnis, Manajemen, dan Keuangan 3 (3), 809-822.
AS Al’azhary, S Suherman, AD Buchdadi. (2022). Determinants of Executive Compensation. Jambura Science of Management 4 (1), 1-9.
N Syahtidar, S Suherman, MES Siregar. (2022). Analyzing Factors Affecting the Purchase Decision of Shopee Users in Bekasi. Interdisciplinary Social Studies 1 (7), 860-872.
MH Sahaming, T Sariwulan, S Suherman. (2022). Leader Member-Exchange and Job Involvement Impact on Innovative Work Behavior. International Journal of Science and Society 4 (2), 365-374.
First Author
Suherman, Maghfira Ramadhania, Gatot N. Ahmad, Adam Zakaria, Rini S. Witiastuti. 2021. ”The Effect of Gender Diversity and the Business Expertise of Female Directors on Firm Performance: Evidence from the Indonesia Stock Exchange”, International Journal of Business, vol.26, no.3. 38-52. (ISSN: 10834346)
Suherman, Berto Usman, Titis F. Mahfirah, Renhard Vesta. 2021. ”Do female executives and CEO tenure matter for corporate cash holdings? Insight from a Southeast Asian country”, Corporate Governance, vol. 21 no. 5, 939–960. (ISSN: 14720701). Scopus Q1.
Co-Author
Ati Sumiati, Umi Widyastuti, Erika Takidah, Suherman. 2021. ”The millennials generation’s intention to invest: A modified model of the theory of reasoned action”, International Journal of Entrepreneurship, vol. 25(3), 1–11.
A Awaludin, S Suherman, GN Ahmad. (2021). Effect of Female CEO and CFO on Cash Holdings on Food and Beverages Companies Listed on Indonesia Stock Exchange. Oblik i finansi 93, 26-38.
A Zakaria, S Suherman, AD Buchdadi, SA Rahmayanti, MES Siregar. (2021). Do Gender and Education Matter for Company Financial Performance? Evidence from Indonesian Companies. Jurnal Manajemen dan Kewirausahaan 9 (1), 14.
Y Riaswati, S Suherman, U Mardiyati. (2021). The Effect of Institutional Ownership and Executive Compensation on Company Performance (Study on Food and Beverage Industry Listed in Indonesia Stock Exchange From 2014-2018). Jurnal Dinamika Manajemen Dan Bisnis 4 (1), 61-77.
CD Pena, S Suherman, S Dalimunthe. (2021). The effect of women executive on bank performance (Study on banking firms listed in Indonesia stock exchange in the period of 2010–2019). Jurnal Dinamika Manajemen Dan Bisnis 4 (1), 121-142.
First Author

Co-Author
Yunika Murdayanti, IGKA Ulupui, Indra Pahala, Susi Indriani, Suherman. 2020. ”Corporate Governance and Value Relevance in Indonesia Manufacturing Companies”, Journal of Asian Finance, Economics and Business, vol 7(11), 335–346.
Gatot N. Ahmad, Wibawa G.A, Suherman, Hamidah. 2020. ”Performance persistence analysis: Emerging capital market evidence”, International Journal of Innovation, Creativity and Change, vol 11 (6), 516-534.
Andyka Y. S. Putra, Suherman, Destria Kurnianti. 2020. ”Corporate social responsibility dan nilai perusahaan: moderasi corporate governance”, Jurnal Ekonomi, Akuntansi dan Manajemen Multiparadigma (JEAMM), vol. 1 (2), 1-13.
Widyastuti, U., Sumiati, A., Susanti, S., Suherman. 2019. “Financial inclusion at the bottom of the pyramid: Accessibility, usage and barriers from fishermen’s perspective in urban areas”, International Journal of Innovation, Creativity and Change, vol 9 (9), 262-279.
First Author
Suherman, Taufik Hidayat, Gatot N. Ahmad, Agung D. Buchdadi. 2019. ”The effect of business group affiliation on corporate cash holdings: Evidence from an emerging market economy”, Journal of Applied Economics Sciences, vol.XIV no.3(65), 851-857.
Suherman, Resy P., Umi M. 2019. “Pengaruh Struktur Aset, Likuiditas, dan Profitabilitas terhadap Struktur Modal Dimoderasi Oleh Ukuran Perusahaan”, MIX: Jurnal Ilmiah Manajemen, Volume IX, No. 2.
Suherman. 2019. “Pengaruh Kompensasi Eksekutif terhadap Hutang: Studi pada Perusahaan yang Terdaftar di Indeks Kompas100”, Jurnal Manajemen dan Kewirausahaan, vol.7, no.1, 94-99.
Co – Author
 
First Author
 
Co-Author
Luthfiah,  A. A., dan Suherman. 2018. “The Effects Of Financial Performance Toward Firm Value With Ownership Structure As Moderating Variable (The Study On Manufacturing Companies Listed In Indonesia Stock Exchange In The Period Of 2012-2016)” , Journal of Business and Behavioural Entrepreneurship: Vol 2 No 1, 18-27.
Puspita, R., dan Suherman. 2018. “The Impact of Dividend Policy, Managerial Ownership, Institutional Ownership on Capital Structure on Manufacturing Company in Indonesia Stock Exchnage Period 2012-2016”, Journal of Business and Behavioural Entrepreneurship: Vol 2 No 1, 28-39.
First Author
Suherman dan Gatot Ahmad. 2017. “Tata Kelola Perusahaan Yang Melakukan Penawaran Umum Perdana Saham Disertai Waran (Unit-IPO Firms)”, Jurnal Manajemen dan Kewirausahaan, vol.5, no.1, 1-7.
Suherman. 2017. “Faktor-Faktor Yang Mempengaruhi Cash Holdings Perusahaan Di Bursa Efek Indonesia”, Jurnal Manajemen, Volume XXI, No. 03, Oktober 2017: 336-349
Suherman. 2017. “Diversitas Gender Terhadap Struktur Modal: Bukti Empiris Di Indonesia”, Jurnal Keuangan dan Perbankan, 21(2): 218–227
Suherman. 2017. “Pengaruh CEO Wanita Terhadap Cash Holding Perusahaan”, MIX: Jurnal Ilmiah Manajemen, Volume VII, No. 1, Feb, 48-58
Co – Author
 
First Author
Suherman, Danni Winadi, Gatot Nazir Ahmad. 2016. “The effect of corporate performance on the stocks in the companies doing IPO”, Journal of Economics, Business, and Accountancy Ventura Vol. 19, No. 1, April – July 2016, 125 – 140.
Suherman. 2016. “Apakah Kinerja Jangka Panjang Penawaran Umum Perdana Di Indonesia Underperformed?”, Jurnal Ekonomi/Volume XXI, N. 01, Maret 2016
Suherman, Riznita Nuraisyah dan Gatot N. Ahmad. 2016. “Abnormal Return Dan Likuiditas Saham Atas Pengumuman Akuisisi”, Jurnal Manajemen/Volume XX, No. 01, Februari 2016: 151-168
Suherman, Yoseph Pardede, Umi Mardiyati. 2016. “Pengaruh Kinerja Perusahaan, Corporate Governance, Dan Karakteristik Eksekutif Terhadap Kompensasi Eksekutif”, Jurnal Keuangan dan Perbankan, Vol.20, No.1 Januari 2016, 1–9
Suherman, Estu Setiyoaji, Gatot Nazir Ahmad, 2015. “Pengaruh Eps, Per, Kebijakan Dividen, Firm Size (Size), Dan Book Value (Bv) Terhadap Harga Saham Perusahaan Pada Indeks Lq45 Tahun 2009-2012”, Jurnal Manajemen/Volume XIX, No. 02, Juni: 219-229
Co – Author
 
First Author
Suherman, Fitriawan, R., Ahmad, G. N. 2015. “Pengaruh Kinerja Perusahaan, Kepemilikan Institusi, dan Komisaris Independen terhadap Total Kompensasi: Studi pada Perusahaan yang Terdaftar di LQ45 tahun 2009-2012”, Jurnal Aplikasi Manajemen, vol. 13, no. 3, 516-526
Suherman. 2015. “Kinerja Jangka Panjang dan Likuiditas Pasca IPO di Papan Utama dan Pengembangan Bursa Efek Indonesia”, Jurnal Keuangan dan Perbankan (FE UNMER), vol.19, no.1, hal:30-40
Co – Author
 
First Author
Suherman, Azhari, M., Ahmad, G. N. 2014. “Size Discount: Bukti Empiris dari Akuisisi di Indonesia”, Jurnal EKUITAS (STIESIA), vol.18, no.3.
Co – Author
 
First Author
 
Co – Author
Arafat, M. Y., Warokka, A., Buchdadi, A. D,. Suherman, 2013, “Banking Efficiency and Performance: A Test of Banking Characteristics in an Emerging Market” Journal for Global Business Advancement, vol.6, 13-23.
First Author
Suherman, Rizkiyah, W., dan Buchdadi, A.D. 2012. “Kinerja Jangka Panjang IPO di Papan Utama dan Pengembangan”, Jurnal Keuangan dan Perbankan (MM Perbanas Jakarta), vol.14, no.2, pp.100-116.
Suherman, Awallia, R., dan Mardiyati, U., 2012. “Apakah Likuiditas merupakan Priced Risk Factor?”  Jurnal Ekonomi, vol. XVII, no.1, pp.125-137.
Co – Author
 
First Author
Suherman, and Buchdadi, A. Dharmawan, 2011, ”The Long-Run Performance of Initial Public Offerings (IPOs): Comparison between Shari’ah- and Non Shari’ah-Based Firms,” International Research Journal of Finance and Economics, Issue 61, pp.74-84.
Co – Author
Utaminingtyas, T. Hesti, Usman, Osly dan Suherman, 2011, ”Pengaruh Self-Employed Parents, Latar Belakang Pendidikan, Self-Efficacy, Pengalaman Kerja dan Akses Modal terhadap Keinginan Berwirausaha.” Econosains, vol.IX, no.1, pp.62-72.
First Author
Suherman, 2010, ”Apakah Monitoring Memotivasi Manajer Untuk Menjual Saham Lebih Murah Saat Penawaran Umum Perdana?” Jurnal Manajemen dan Akuntansi, vol.14, No.1, pp.41-56.
Co – Author
Ramli, Ishak, and Suherman, 2010, “After-market Liquidity and IPOs Underpricing: Evidence from Shariah and Non Shariah-Based Firms,” Chinese Business Review, vol.9, no.12, pp:17-26
First Author
Suherman, Mardiyati, U., dan Hasanah, D., 2009, “Pengaruh Earning per Share, Dividend per Share, Debt to Equity Ratio dan Operating Cash Flow terhadap Harga Saham”, Jurnal Manajemen dan Akuntansi, vol.13, No.2, pp. 25-51.
Co – Author
Hardianto, D., dan Suherman, 2009, “Pengujian Fama-French Three Factor Model di Indonesia,” Jurnal Keuangan dan Perbankan (FE UNMER), Vol.13 No.2. pp.198-208.
First Author
Suherman, dan Utaminingtyas, T. Hesti., 2008, ”Pengaruh Expected Liquidity dan Liquidity Risk terhadap IPO Underpricing di Bursa Efek Jakarta”, Jurnal Manajemen dan Akuntansi, vol.12, No.2.
Co – Author
Zakaria, A., Suherman, dan Latifah, L., 2008, “Faktor-faktor Penentu Pendirian Komite Manajemen Risiko: Karakteristik Khusus Perusahaan, Komite Audit dan Risiko-risiko Bank (Pada Sektor Perbankan di Bursa Efek Indonesia tahun 2004 – 2006)”, Jurnal Wahana, vol.3, no.1, pp.75-94
First Author
Suherman, dan Hidayat, Nurdin, 2007, “Underpricing pada Penawaran Umum Perdana,” Jurnal Manajemen dan Akuntansi, vol.11, No.2, pp.92-105.
Co – Author
 
First Author
Suherman, dan Latifah, Leti., 2006, “Pengaruh Informasi Asimetris terhadap Return Penawaran Umum Perdana”, Jurnal Ekonomi, vol.15, No.3, Sept.
Suherman dan Setiawan, I. Rony, 2006, ”Pembentukan Portofolio Optimal Saham LQ45 di Bursa Efek Jakarta”, Econosains, vol.4. no.2, pp. 52-65.
Co – Author
 
First Author
Suherman, 2003, ”Analisis Pengaruh Variabel-variabel Keuangan terhadap Risiko Sistematis di Bursa Efek Jakarta”, Jurnal Ekonomi, No.3, thn.XII, 22, Juli-Sept, pp.40-61.
Co – Author
 
First Author
Suherman, 2002, ”Faktor-faktor yang Mempengaruhi Risiko Sistematis di Bursa Efek Jakarta”, Ilmu dan Budaya, thn.XXII, Maret, pp.10-22.
Co – Author
 
Conference Participation
4th International Conference on Economics, Business and Social Sciences (ICEBUSS)”, FEB Universitas Islam Malang, Malang, 1 February 2022 (Presenter) (Online).
“3rd International Conference on Economics, Business and Social Sciences (ICEBUSS)”, FEB Universitas Islam Malang, Malang, 29 January 2021 (Presenter) (Online).
“3rd International Conference on Finance, Management and Business (ICFMB)”, FEB Universitas Diponegoro, Semarang, 24 October 2019 (Presenter).
“2nd International Conference on Governance, Public Administration, and Social Science (ICOGPASS)”, STIA LAN, Jakarta 21 October 2019 (Listener).
“IFMA International Conference on Finance”, Bali, 15-16 July 2019 (Listener)
“2nd International Conference on Economics, Business and Social Sciences (ICEBUSS)”, FEB Universitas Islam Malang, Malang, 25 April 2019 (Presenter)
“3rd International Research Conference on Management and Business (IRCMB)”, organized by FEB Universitas Islam Malang, held in Banyuwangi, 11 December 2018 (Presenter).
“International Conference on Entrepreneurship, Management, Accounting and Social Sciences (ICEMASS)”, Fakultas Ekonomi dan Bisnis Universitas Ma Chung, Malang, 25 October 2018 (Presenter).
“2nd International Conference on Finance, Management and Business (ICFMB)”, FEB Universitas Diponegoro, held in Jakarta, 1 August 2019 (Listener).
“International Conference on Economics, Business, Social Sciences, and Humanities (ICEBSSH)”, STIE Widya Gama, Jember, 31 July  2017 (Listener)
“1st International Conference on Finance, Management and Business (ICFMB)”, FEB Universitas Diponegoro, held in Jakarta, 12 December 2019 (Listener)
“International Research Conference on Economics and Business (IRCEB)”, FE Universitas Negeri Malang, Malang, 11-12 December 2017 (Listener).
“2nd International Research Conference on Management and Business (IRCMB)”, Bandung, 29 July 2017 (Listener).
“2nd International Conference on Accounting, Management, Economics and Social Sciences (ICAMESS)”, FE Universitas Singaperbangsa Karawang, held in Bandung, 20 May 2017 (Listener).
“4th IFMA International Conference on Finance”, Yogyakarta, 14-15 December 2016 (Listener).
“International Conference on Economics, Business and Social Sciences (ICEBUSS)”, FEB Universitas Islam Malang, Malang, 6-7 December 2016 (Presenter)
“1st International Research Conference on Management and Business (IRCMB)”, organized by several universities, held in Jakarta, 6 August 2016 (Listener).
 “1st International Conference on Accounting, Management, Economics and Social Sciences (ICAMESS)”, FE Universitas Singaperbangsa Karawang, held in Jakarta, 30 April 2016 (Listener).
“3rd IFMA International Conference on Finance”, Bali, 19-20 December 2015 (Listener).
“International Conference on Entrepreneurship, Business and Social Sciences”, FEB Universitas Diponegoro, held in Yogyakarta, 13-14 August 2015 (Listener).
 “Asian Conference on Social Sciences”, Kobe, 11-14 June 2015 (Presenter).
“2nd Indonesian Financial Management Association (IFMA) International Conference on Finance”, Bali, 16-17 December 2014 (Listener).
“Asia Pacific Conference on Social Sciences”, Taipei, 21-23 November 2014 (Presenter).
“The 1st Indonesia International Conference on Finance and Banking (IFMA conference)”, Bali, Indonesia, 11-12 December 2013 (Listener)
“European Conference on Social Sciences”, Marmara University, Istanbul, Turkey, 19-21 June 2013 (Presenter).
“The 6th Singapore International Conference on Finance,” NUS Business School, National University of Singapore, 17-18 July 2012 (Listener).
“The 5th Singapore International Conference on Finance,” NUS Business School, National University of Singapore, 19-20 July 2011 (Listener).
“EFM Symposium on Asian Financial Management Issues,” Beijing, China, 24-26 March 2011 (Listener).
“Online Workshop on Venture Capital and Private Equity,” held by School of Banking and Finance Australian School of Business University of New South Wales, 1 December 2010 (Listener).
“International Seminar and Conference on Entrepreneurship,” Faculty of Economics, State University of Jakarta, Jakarta, 9-10 November 2010 (Session chair).
“China International Conference in Finance,” Beijing, 4-7 July 2010 (Listener).
”2nd Singapore Conference on Quantitative Finance,” NUS Business School, Singapore, 5 March 2010 (Listener).
“Kolokium Nasional Program Doktor,” Program MSi dan Doktor Ilmu Ekonomika dan Bisnis UGM, 11-12 Desember 2009 (Presenter)
“The 4th Doctoral Journey in Management,” Graduate School of Business, University of Indonesia, Jakarta, Indonesia, 5 August 2009 (Listener).
“9th Oxford Business and Economics Conference”, St. Hugh College University of Oxford, England, 24-26 June 2009 (Presenter & Discussant).
“Conference on Liquidity – Modeling, Recent Crises, and Challenges”, Oxford-Man Institute for Quantitative Finance, University of Oxford, England, 24-25 June 2009 (Listener).
“2nd Liquidity Conference”, Erasmus University Rotterdam School of Management, Rotterdam, Netherlands, 26 June 2009 (Listener).
“5th Annual Asset Pricing Conference”, University van Amsterdam School of Business, Amsterdam, Netherlands, 29 June 2009 (Listener).
“5th MTS Conference on Financial Markets”, London Stock Exchange, London, England, 1-3 July 2009 (Listener).
“3rd Doctoral Journey in Management,” Graduate School of Business, University of Indonesia, Jakarta, Indonesia, 7 August 2008 (Presenter).
“2nd Singapore International Conference on Finance,” NUS Business School, National University of Singapore, 17-18 July 2008 (Listener)
“12th Financial Management Association (FMA) European Conference”, Prague, Czech Republic, 4-6 June 2008 (Discussant).
“FMA European Doctoral Student Seminar”, Prague, Czech Republic, 4 June 2008 (Presenter).
“Behavioral Finance Conference,” Oxford-Man Institute of Quantitative Finance, University of Oxford, Oxford, England, 31 May 2008 (Listener).
“European Financial Management (EFM) Symposium on Initial Public Offerings”, Said Business School, University of Oxford, Oxford, England, 10-12 April 2008 (Listener).
“Conference on Risk”, Cass Business School, City University London, England, 8 April 2008 (Listener).
“The 8th Asian Academic Accounting Association Conference”, Gadjah Mada University, Yogyakarta, Indonesia, 19-22 August 2007 (Presenter).
“The 2nd Doctoral Journey in Management”, Graduate School of Business, University of Indonesia, Jakarta, Indonesia, 14 August 2007 (Presenter).
“The 1st Singapore International Conference on Finance”, National University of Singapore Business School, Singapore, 19-20 July 2007 (Listener).
”The 3rd International Conference on Business, Management, and Economics”, University of Yasar, Izmir, Turkey, 13-17 June 2007 (Presenter).
“The 1st Doctoral Journey in Management”, Graduate School of Business, University of Indonesia, Jakarta, Indonesia, 23 November 2006 (Presenter).
Awards
SSRN’s Top Ten download list for Emerging Markets Economics: Firm Behavior & Microeconomic Issues eJournal – As of May/23/2011 for the paper “Firm Performance, Corporate Governance and Executive Compensation in Financial Firms: Evidence from Indonesia”.
Best Paper in Social Sciences at “Seminar Hasil Penelitian Dosen Muda dan Studi Kajian Wanita” jointly organized by DIKTI Ministry of Education & DRPM University of Indonesia, 15-17 Desember 2008, for the paper “Pengaruh Struktur Kepemilikan Pasca IPO dan Likuiditas Saham After-Market terhadap Return Awal IPO di Bursa Efek Indonesia”.
Grants
Research Grant from FEUNJ (35,000,000 IDR) in 2021 for the paper “Pengaruh eksekutif wanita terhadap kinerja perbankan di Indonesia: peran dari critical mass” (with Titis Fatarina Mahfirah)
Research Grant from FEUNJ (15,000,000 IDR) in 2020 for the paper “Pengaruh Karatekteristik CEO terhadap Kinerja Perusahaan Non Keuangan di Indonesia” (with Titis Fatarina Mahfirah)
Research Grant from FEUNJ (50,000,000 IDR) in 2019 for the paper “Exploring the Indonesian Millenials’ Determinants of Financial Risk Tolerance: a SEM-PLS Approach”.
Research Grant from DIKTI Ministry of Education (60,000,000 IDR) in 2016 for the paper “Corporate Governance Pada Perusahaan Yang Melakukan Penawaran Umum Perdana Saham Disertai Waran (Unit-IPO Firms)” (with Gatot Nazir Ahmad)
Research Grant from UNJ (60,000,000 IDR) in 2016 for the paper “Model Penilaian Kinerja Jangka Panjang Penawaran Umum Perdana Saham dan Faktor-Faktor yang Mempengaruhinya: Studi di Bursa Efek Indonesia” (with Gatot Nazir Ahmad)
Research Grant from FEUNJ (10,000,000 IDR) in 2015 for the paper “Faktor-faktor yang mempengaruhi pemilihan metode IPO di Indonesia”
Research Grant from FEUNJ (15,000,000 IDR) in 2014 for the paper “Kinerja Jangka Panjang dan Likuiditas Pasca IPO di Pasar Utama dan Pengembangan Bursa Efek Indonesia”
Research Grant from UNJ (75,000,000 IDR) in 2013 for the paper “Model Kebijakan Peraturan Bank Indonesia tentang Tingkat Kesehatan Bank dalam Rangka Mendukung Pengembangan Usaha Skala Kecil dan Menengah” (with Agung D. Buchdadi & Indra Astrayuda)
Research Grant from UNJ (45,000,000 IDR) in 2013 for the paper “Studi Eco-Enterpreneurship dalam Meningkatkan Sumber Daya Manusia yang Berdaya Saing: Survei pada Mahasiswa di Jakarta, Semarang dan Malang” (with M. Yasser Arafat & Agung D. Buchdadi)
Research Grant from FEUNJ in 2013 for the paper “Pengaruh Kesadaran Lingkungan terhadap Perilaku Kewirausahaan”
Research Grant from UNJ in 2012 for the paper ”Pengaruh Internal Locus of Control dan Risk Taking Propensity terhadap Minat Berwirausaha: Studi pada Mahasiswa Universitas Negeri Jakarta.”
Research Grant from UNJ in 2010 for the paper ”Pengaruh Jender, Need for Achievement, Umur, dan Pengalaman Kerja terhadap Intensi Berwirausaha: Studi pada Mahasiswa Universitas Negeri Jakarta.”
Research Grant from FEUNJ in 2010 for the paper ”Pengaruh Self-Efficacy, Need for Achievement, dan Risk Tolerance terhadap Keinginan Berwirausaha: Survei pada Mahasiswa Fakultas Ekonomi Universitas Negeri Jakarta.”
Research Grant from UNJ in 2009 for the paper ”Pengaruh Karakteristik Perusahaan dan Informasi Asimetris terhadap Return Awal Penawaran Umum Perdana.”
Research Grant from FEUNJ in 2009 for the paper “Faktor-faktor yang Mempengaruhi Kinerja, Deposito, dan Tingkat Pinjaman: Studi pada Bank-bank Go Public”.
Research Grant from DIKTI Ministry of Education in 2008 for the paper ”Pengaruh Struktur Kepemilikan Pasca IPO dan Likuiditas Saham After-Market terhadap Return Awal IPO di Bursa Efek Indonesia.”
Research Grant from UNJ in 2007 for the paper “Pengaruh expected liquidity dan liquidity risk terhadap IPO underpricing di Bursa Efek Jakarta.”
Research Grant from Universitas Negeri Jakarta (UNJ) in 2007 for the paper “Pengaruh market return, firm size, dan book-to-market equity terhadap excess return di Bursa Efek Jakarta.”
Research Grant from Fakultas Ekonomi Universitas Negeri Jakarta (FEUNJ) in 2006 for the paper “Pengaruh Informasi Asimetris terhadap Return Penawaran Umum Perdana di Bursa Efek Jakarta.”
Seminar Participation
“Resolving a paradox: retail trade positively predict returns but are not profitable”, speaker: Terrance Odean (University of California, Berkeley), jointly organized by S1 Manajemen FEUNJ & IFMA, Jakarta, 26 January 2022 (online)
“Energy Finance”, speaker: William Megginson (University of Oklahoma), jointly organized by S1 Manajemen FEUNJ, FEB UNRAM, FE UNIMED, Jakarta, 19 November 2021 (online)
“Boeing 737 Max 8: Behavioral Issues”, speaker: Hersh Shefrin (Santa Clara University), jointly organized by S1 Manajemen FEUNJ & IFMA, Jakarta, 18 October 2021 (online)
“Initial Public Offerings (IPOs)”, speaker: Jay Ritter (University of Florida), jointly organized by S1 Manajemen FEUNJ & IFMA (Indonesian Financial Management Association), Jakarta, 15 September 2021 (online)
“Brand Building for Competitive Advantage”, Norbani Che Ha (Faculty of Business and Accountancy, University of Malaya), organized by S1 Manajemen FEUNJ, Jakarta, 27 May 2021 (online)
“Financial system and economic development: reasons for financial crisis and unequality”, Rubi Ahmad (Faculty of Business and Accountancy, University of Malaya), organized by S1 Manajemen FEUNJ, Jakarta, 22 April 2021 (online)
“Introduction to research methodology”, Noor Azina Ismail (Faculty of Economics and Administration, University of Malaya), organized by S1 Manajemen FEUNJ, Jakarta, 24 March 2021 (online).
“International Corporate Governance”, Steen Thomsen (Copenhagen Business School), organized by S1 Manajemen FEUNJ & IFMA, Jakarta, 4 December 2020 (online).
“Do Women Receive Worse Financial Advice?”, Utpal Bhattacharya (HKUST Business School), organized by S1 Manajemen FEUNJ & IFMA, Jakarta, 7 November 2020 (online).
“Responsibility Business in a Time of Crisis”, Alex Edmans (London Business School), organized by S1 Manajemen FEUNJ & IFMA, Jakarta, 27 October 2020 (online)
“Market Efficiency and Behavioral Bias”, Avanidhar Subrahmanyam (UCLA Anderson School of Management), organized by S1 Manajemen FEUNJ & IFMA, Jakarta, 12 September 2020 (online)
“Publish on the finance journals”, Avanidhar Subrahmanyam (UCLA Anderson School of Management), organized by S1 Manajemen FEUNJ & IFMA, Jakarta, 10 September 2020 (online)
“Financial Markets and Market Structure”, Elvira Sojli (UNSW Business School), organized by S1 Manajemen FEUNJ & IFMA, Jakarta, 12 December 2019.
“International Financial Markets”, Elvira Sojli (UNSW Business School), organized by S1 Manajemen FEUNJ & IFMA, Jakarta, 13 December 2019.
“Doing Good Research and Writing”, Elvira Sojli (UNSW Business School), organized by S3 IM UNJ & IFMA, Jakarta, 14 December 2019.
“Publication in research journals”, Noor Azina Ismail (Faculty of Economics and Administration, University of Malaya), organized by S1 Manajemen FEUNJ, Jakarta, 28 October 2019.
“Entrepreneurship”, Mohd Hizam Hanafiah (Universiti Kebangsaan Malaysia), organized by S1 Manajemen FEUNJ, Jakarta, 16 September 2019.
“Corporate Governance: An Economic Perspective”, Raghavendra Rau (University of Cambridge), organized by S1 Manajemen FEUNJ & IFMA, Jakarta, 3 December 2016.
“Portfolio Management: The Role of Academic Modeling and Experiential Teaching & Learning”, Joseph Cherian (NUS Business School), organized by S1 Manajemen FEUNJ & IFMA, Jakarta, 5 August 2016.
“It ain’t over till it’s over: A global perspective on the Great Moderation-Great Recession interconnection”, Claudio Morana (Milan State University), organized by S1 Manajemen FEUNJ & IFMA, Jakarta, 3 August 2016.
“Global Trends in Privatization”, William Megginson (University of Oklahoma), organized by S1 Manajemen FEUNJ & IFMA, Jakarta, 22 December 2015.
“What Affects Innovation More: Policy or Policy Uncertainty?”, Utpal Bhattacharya (Indiana University), organized by FE UNJ & IFMA, Jakarta, 20 June 2014.
“The Dark Side of Finance”, Utpal Bhattacharya (Indiana University), organized by FEB Universitas Brawijaya & IFMA, Malang, 13 June 2014.
“Mandatory Portfolio Disclosure, Stock Liquidity, and Mutual Fund Performance”, Vikas Agarwal (Georgia State University), organized by FE UNJ & IFMA, Jakarta, 9 July 2013.
“Institutional Investment and Intermediation in the Hedge Fund Industry”, Vikas Agarwal (Georgia State University), organized by IFMA at Alila Hotel Jakarta, 8 July 2013.
“Determinants and Implications of Fee Changes in the Hedge Fund Industry”, Vikas Agarwal (Georgia State University), organized by IFMA at Alila Hotel Jakarta, 8 July 2013.
“A Financial Innovation”, Michael Brennan (UCLA), organized by FE Universitas Udayana & IFMA, Bali, 21 February 2012.
“Mispricing and Return Premium”, Michael Brennan (UCLA), organized by STIE Indonesia & IFMA, Jakarta, 24 February 2012.
“Trends in The Cross-Section of Expected Stock Returns”, Avanidhar Subrahmanyam (UCLA), organized by PPs FEB UGM & IFMA, Yogyakarta, 26 January 2012.
“Trading Activity in the Equity Market and Its Contingent Claims: An Empirical Investigation”, Avanidhar Subrahmanyam (UCLA), organized by PPs FEB UGM & IFMA, Yogyakarta, 26 January 2012
“Investor Behavior and Stock Market Returns: The Evidence”, Avanidhar Subrahmanyam (UCLA), organized by FEB Universitas Diponegoro & IFMA, Semarang, 27 January 2012.
“The Leap Up to the U.S. Financial Crisis”, Sugato Bhattacharyya (University of Michigan), organized by FEB Universitas Diponegoro & IFMA, Semarang, 6 July 2011.
“The Global Market for Initial Public Offerings (IPOs)”, Jay Ritter (University of Florida), jointly organized by S1 Manajemen FEUNJ & IFMA at Sentral Hotel Jakarta, 19 July 2010

 

Reviewer
Jurnal Ekonomi dan Manajemen (E-ISSN: 26141345)
Jurnal Ilmu Ekonomi Manajemen dan Akuntansi (E-ISSN: 27210472)
POINT: Jurnal Ekonomi dan Manajemen (E-ISSN: 2656775X)
Journal of Economics, Management, Business and Accounting (E-ISSN: 27978486)
AKUNSIKA: Jurnal Akuntansi dan Keuangan (E-ISSN: 27223590)
Jemasi: Jurnal Ekonomi Manajemen dan Akuntansi (E-ISSN: 26848732)
Jurnal Manajemen (E-ISSN: 25498797)
Jurnal Manajemen dan Kewirausahaan (E-ISSN: 25408259)
JEMA: Jurnal Ilmiah Bidang Akuntansi dan Manajemen (E-ISSN: 25974017)
Trikonomika: Jurnal Ekonomi (E-ISSN: 23557737)
Jurnal Ilmiah Manajemen dan Bisnis (E-ISSN: 25281208)
International Business Research (E-ISSN: 19139012)
ALMANA: Jurnal Manajemen dan Bisnis (E-ISSN: 26558327)
MONETER: Jurnal Akuntansi dan Keuangan (E-ISSN: 25500139)
IQTISHADUNA: Jurnal Ilmiah Ekonomi Kita (E-ISSN: 26848228)
Jurnal Aplikasi Bisnis dan Manajemen (E-ISSN: 24607819)
Jurnal AKTIVA: Riset Akuntansi dan Keuangan (ISSN: 26861054)
AKURASI: Jurnal Studi Akuntansi dan Keuangan (E-ISSN 26851059)
Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis (E-ISSN: 25489836)
Jurnal Ilmu Keuangan dan Perbankan (JIKA) (E-ISSN: 26559234)
Jurnal Manajemen dan Keuangan (E-ISSN: 26151316)
Jurnal Managemen dan Agribisnis (E-ISSN: 24072524)
BanKu: Jurnal Perbankan dan Keuangan (E-ISSN: 27234355)
International Journal of Economics, Business and Management Research (ISSN: 24567760)
International Journal of Finance and Banking Research (E-ISSN: 24722278)
PROGRESS Jurnal Pendidikan, Akuntansi dan Keuangan (E-ISSN: 26227037)
Editorial Board
Jurnal Riset Manajemen Sains Indonesia (E-ISSN: 23018313)
Jurnal Penelitian Ilmu Manajemen (E-ISSN: 2621881X)
International Journal of Business and Social Science Research (ISSN: 27092143)
Jurnal Ilmiah Bisnis dan Ekonomi Asia (E-ISSN: 2620875X)
JURISMA: Jurnal Riset Bisnis dan Manajemen (E-ISSN: 2338929X)
International Journal of Multidisciplinary Research and Development (E-ISSN: 23494182)
International Journal of Financial, Accounting, and Management (ISSN: 26563355)
International Journal of Educational Administration, Management, and Leadership (E-ISSN: 27746143)
Annals of Social Sciences and Management Studies (ISSN: 2641838X)
International Journal of Management and Commerce (E-ISSN: 26646854)
International Journal of Finance and Commerce (E-ISSN: 2664715X)
International Journal of Education, Business and Economics Research
Sumerianz Journal of Economics and Finance (E-ISSN: 26176947)
Indonesian Journal of Business, Accounting and Management (E-ISSN: 25498711)
Professional Affiliations
American Finance Association (AFA)
Indonesian Financial Management Association (IFMA)
Society for Financial Studies (SFS)
Books
“Pengantar Manajemen Keuangan Internasional” with Yunika Murdayanti (2020)
“Analisis Laporan Keuangan” with Yunika Murdayanti (2017)
Others
Pass the examination on Investment Manager Representative (WMI), 2005 (first attempt)
Founder of IFMA (Indonesian Financial Management Association), 2010
Short Courses
Short course (18 hours) on “Global Financial Markets” with HBS cases, instructor: Chotibhak (Pab) Jotikasthira (Southern Methodist University), jointly organized by STIE Indonesia (STEI) and IFMA, Jakarta, 24-26 July 2017
Short course (18 hours) on “Corporate Governance and Ethics” with HBS cases, instructor: Raghavendra Rau (University of Cambridge), jointly organized by STIE Indonesia (STEI) and IFMA, Jakarta, 2-4 December 2016
Short course (18 hours) on “Entrepreneurial Finance” with HBS cases, instructor: Thomas Chemmanur (Boston College), jointly organized by STIE Indonesia (STEI) and IFMA, Jakarta, 3-8 August 2015 
Short course (18 hours) on “Corporate Finance” with HBS cases, instructor: Utpal Bhattacharya (Indiana University), jointly organized by STIE Indonesia (STEI) and IFMA, Jakarta, 9-18 June 2014