Journal of Management and Economic Studies Ayşe Nevin SERT, Ph.D. en-US Journal of Management and Economic Studies The Effect of Efficiency, Capital Adequacy and Liquidity on the Financial Performance of Commercial Banks in Indonesia with Foreign Share Ownership as Moderator <p>This study aims to determine the effect of efficiency (BOPO), capital adequacy (CAR), and liquidity (LDR) on the financial performance of commercial banks with foreign share ownership as a moderator variable. This research was conducted on commercial banks included in the KBMI 3 and KBMI 4 categories with the research period 2017 - 2022. The sampling technique used in this research is saturated sample with a total sample of 13 commercial banks. The results of this study indicate that efficiency (BOPO) has a significant negative effect on financial performance while capital adequacy, liquidity has no effect on financial performance. Furthermore, foreign share ownership is able to moderate the effect of capital adequacy on financial performance but has not been able to moderate the effect of independent variables efficiency and liquidity on the financial performance of KBMI 3 and KBMI 4 category banks.</p> Adyanto Kurniawan Hulu Indra Siswanti Copyright (c) 2023 2023-12-30 2023-12-30 5 4 176 195 10.26677/TR1010.2023.1351 The Role of The Formalization Process on The Product Innovation Results of Small and Medium-sized Private Enterprises in Vietnam <p>This study assesses the role of formalized business in the innovation activities of small and medium-sized enterprises (SMEs) in the private sector in Vietnam. Panel data regression analysis is employed in this study. Research data were extracted from three surveys of small and medium private enterprises conducted by the United Nations University (UNU) in 2011, 2013 and 2015. The dataset contains information about enterprises in all major manufacturing sectors, on innovation activity, firm formalization status, and enterprises’ characteristics. Research results show that improving the status of the firm from informal to formal has a significant boost to the overall innovation performance, as well as each type of innovation of small and medium enterprises in Vietnam. This is the first study in Vietnam that examines the impact of formalization on product innovation outcomes of small and medium-sized private enterprises, taking into account the characteristics of enterprises such as size, age, technology level, and other specific features.</p> Toan Dinh Van Thao Truong Duc Huyen Nguyen Thanh Mai Tran Thanh Thuy Hoang Kim Nang Vu Duc Copyright (c) 2023 2023-12-30 2023-12-30 5 4 196 204 10.26677/TR1010.2023.1352 Exploration of The Factors Influencing Customer Perspectives And Intention Regarding Digital Bancassurance <p>A considerable trend towards digitization in the banking and insurance industries have given rise to a new concept called "digital Bancassurance," in which insurance products are made available through banking systems. For financial institutions looking to optimize their service offerings and boost customer satisfaction in this changing landscape, it is essential to understand the elements that influence customer perspective and intentions towards digital Bancassurance. This study intends to look into and pinpoint the variables influencing customer perspective and intentions towards digital Bancassurance. It aims to identify the fundamental forces influencing consumer perceptions regarding unified banking and insurance services in the digital environment. Rare study has been done to understand the precise elements that influence consumers' decisions to adopt digital Bancassurance or not. By examining many facets that influence consumer perceptions and behavioral intentions in the context of digital Bancassurance, this study seeks to close this gap. In-depth interviews and focus groups will be used to collect qualitative data in order to collect various client opinions. Thematic analysis has been performed as a tool to evaluate the interview transcripts. The delivery and consumption of financial services have changed as a result of the development of digital technology. Digital platforms that combine banking and insurance services have the ability to change client preferences and experiences.</p> Muhammad Nawaz Iqbal Copyright (c) 2023 2023-12-30 2023-12-30 5 4 205 214 10.26677/TR1010.2023.1353