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References
- Ahamed, MD. M. 2012. Market Structure and Performance of Bangladesh Banking Industry: A Panel Data Analysis. Bangladesh Development Studies. XXXV (3): 1-18.
- Ahmed, F., A. Ahmed., and S. Kanwal. 2018. Mergers and Acquisition in Selected Frontier Markets of Asia. Signifikan: Jurnal Ilmu Ekonomi. 7(1): 123-136. doi: https://doi.org/10.15408/sjie.v7i1.6074.
- Ajide, F.M. and J.O. Ajileye. 2015. Market Concentraton and Profitability in Nigerian Banking Industry: Evidence from Error Correction Modeling. International Journal of Economics, Commerce, and Management. III (1): 1-12.
- Al Arif, M.N.R. 2014. Spin-offs and Its Impact on Third Party Funds in Indonesian Islamic Banking Industry. Economic Journal of Emerging Markets. 6 (1): 50-55
- Al Arif, M.N.R. 2015. Keterkaitan Kebijakan Pemisahan Terhadap Tingkat Efisiensi Pada Industri Perbankan Syariah di Indonesia (The Relationship Between Spin-Off Policy and Efficieny in The Indonesian Islamic banking industry). Jurnal Keuangan dan Perbankan. 19 (2): 295-304.
- Al Arif, M.N.R., Nachrowi, N.D., Nasution, M.E., & Mahmud, T.M.Z. 2017. The Islamic Banking Spin-off: Lessons from Indonesian Islamic Banking Experiences. JKAU: Islamic Economics. 30 (2): 117-133. DOI: 10.4197/Islec.30-2.11.
- Al Arif, M.N.R., I. Haribowo., and A. Suherlan. 2018. Spin-Off Policy and Efficiency in The Indonesian Islamic Banking Industry. Banks and Bank System. 13(1): 1-10.
- Ascarya., & Yumanita, D. 2008. Comparing The Efficiency of Islamic Banks in Malaysia and Indonesia. Buleting Ekonomi Moneter dan Perbankan. 11(2): 95-120.
- Ayadi, I. and A. Ellouze. 2013. Market Structure and Performance of Tunisian Banks. International Journal of Economics and Financial Issues. 3 (2): 345-354.
- Bello, M. and W.A. Isola. (2014). Empirical Analysis of Structure-Conduct-Performance Paradigm on Nigerian Banking Industry. The Empirical Econometrics and Quantitative Economics Letter. 3 (3): 24-34.
- Berger, A.N. 1995. The Profit Structure Relationship in Banking –Tests of Market-Power and Efficient-Structure Hypotheses. Journal of Money, Credit, and Banking. 27 (2): 404-431.
- Berger A.N. and T.H. Hannan. 1998. The Efficiency Cost of Market Power in The Banking Industry: A Test of The “Quiet Life†and Related Hypotheses. The Review of Economics and Statistics. 80(3): 454-465.
- Cupian., and M. Abduh. 2017. Competitive Condition and Market Power of Islamic Banks in Indonesia. International Journal of Islamic and Middle Eastern Finance and Management. 10 (1): 77-91. doi: https://doi.org/10.1108/IMEFM-09-2015-0098.
- Fu, W., and S. Heffernan. (2009). The Effects of Reform on China’s Bank Structure and Performance. Journal of Banking and Finance. 33: 39-52.
- Gilbert, A. 1984. Studies of Bank Market Structure and Competition: A Review and Evaluation. Journal of Money, Credit and Banking. 16: 617-644.
- Goldberg, L.G., and A. Rai. 1996. The Structure-Performance Relationship for European Banking. Journal of Banking and Finance. 20: 745-771.
- Hamid, A. 2015. The Impact of Spin-off Policy to The Profitability on Indonesian Islamic Banking Industry. Al-Iqtishad: Journal of Islamic Economics. 7 (1): 117-126.
- Hamza, H., and S. Kachtouli. 2014. Competitive Conditions and Market Power of Islamic and Conventional Commercial Banks. Journal of Islamic Accounting and Business Research. 5 (1): 29-46. doi: https://doi.org/10.1108/JIABR-05-2012-0030.
- Haribowo, I. 2017. The Indonesian Islamic Bank’s Spin-off: A Study in Regional Development Banks. Al-Iqtishad: Journal of Islamic Economics. 9 (1): 53-68.
- Hosen, M.N. and R. Rahmawati. 2016. Efficiency and Profitability on Indonesian Islamic Banking Industry. Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah (Journal of Islamic Economics). 8 (1): 33-48. doi: 10.15408/aiq.v8i1.2507.
- Louati, S., and Y. Boujelbene. (2015). Banks Stability-Efficiency Within Dual Banking System: A Stochastic Frontier Analysis. International Journal of Islamic and Middle Eastern Finance and Management. 8 (4): 472-490. doi: https://doi.org/10.1108/IMEFM-12-2014-0121.
- Martin, S. 1992. Industrial Economics. New Jersey: Prentice Hall.
- Miftah, K. and H. Wibowo. 2017. Merger and Industrial Acceleration: Study at Indonesian Islamic Banking Industry. Signifikan: Jurnal Ilmu Ekonomi. 6 (1): 29-48.
- Nasuha, A. 2012. Dampak Kebijakan Spin-Off Terhadap Kinerja Bank Syariah (The Impact of Spin-off Policy on Islamic Bank Performance). Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah (Journal of Islamic Economics). 4 (2): 241-258.
- Novarini. 2009. Efisiensi pada Unit Usaha Syariah Menggunakan SFA: Pada Fungsi Keuntungan dan BOPO (The Efficiency of Islamic Business Unit using SFA: Profit Function and BOPO Derivation). (Unpublished Thesis). Depok: Universitas Indonesia.
- Poerwokoesoemo, A. 2016. Kinerja Bank Konvensional Pasca Spin-Off Unit Usaha Syariah (The Performance of Conventional Banks After The Islamic Business Unit’s Spin-off). Jurnal Keuangan dan Perbankan. 12 (2): 145-164.
- Pramuka, B.A. 2011. Assesing Profit Efficiency of Islamic Banks in Indonesia: An Intermediation Approach. Journal of Economics, Business and Accountancy Ventura. 14 (1): 79-88
- Rahim, R.A. 2016. Does Competition Foster Efficiency? Empirical Evidence From Malaysian Commercial Banks. Asian Academy of Management Journal of Accounting and Finance. 12(1): 1-23.
- Ramdani, A. 2015. Pengaruh Kebijakan Pemisahan Terhadap Laba Pada Bank BNI Syariah (The Impact of Spin-off Policy on Profitability at Bank of BNI Sharia). Etikonomi. 14 (1): 17-34.
- Rashid, A., S. Yousaf., and M. Khaleequzzaman. (2017). Does Islamic Banking Really Strengthen Financial Stability? Empirical Evidence from Pakistan. International Journal of Islamic and Middle Eastern Finance and Management. 10 (2): 130-148. doi: https://doi.org/10.1108/IMEFM-11-2015-0137.
- Samad, A. 2008. Market Structure, Conduct and Performance: Evidence from the Bangladesh Banking Industry. Journal of Asian Economics. 19: 181-193.
- Schaeck, K., M. Cihak., and S. Wolfe. (2009). Are Competitive Banking Systems More Stable. Journal of Money, Credit and Banking. 41 (4): 711-734.
- Scott, J.A., and W.C. Dunkelberg. 2010. Competition for Small Firm Banking Business. Bank Actions versus Market Structure. Journal of Banking and Finance. 34: 2788-2800. doi: https://doi.org/10.1016/j.bankfin.2010.06.004.
- Shaffer, S. 2004. Patterns of Competition in Banking. Journal of Economics and Business. 56: 287-313.
- Sufian, F., and M.S. Habibullah. 2012. Globalization and Bank Performance in China. Research in International Business and Finance. 26: 221-239. doi: https://doi.org/10.1016/j.ribaf.2011.12.005.
- Tajgardoon, G., M. Behname., and K. Noormodamadi. 2012. Is Profitability as a Result of Market Power or Efficiency in Islamic Banking Industry? Economics and Finance Review. 2 (5): 1-7.
- Tan, Y., and C. Floros. 2012. Bank Profitability and Inflation: The Case of China. Journal of Economic Studies. 39 (6): 675-696. doi: https://doi.org/10.1108/01443581211274610.
- Yudaruddin, R. 2015. Market Structure, Conduct, and Performance: Evidence From Indonesian Banking Industry. Ekuitas: Jurnal Ekonomi dan Keuangan. 19 (3): 299-317.
- Zhang, J., C. Jiang., B. Qu., and P. Wang. 2013. Market Concentration, Risk-Taking, and Bank Performance: Evidence from Emerging Economies. International Review of Financial Analysis. 30: 149-157.
- Zhao, T., B. Casu., and A. Ferrari. 2010. The Impact of Regulatory Reforms on Cost Structure, Ownership, and Competition in Indian Banking. Journal of Banking and Finance. 34: 246-254.
References
Ahamed, MD. M. 2012. Market Structure and Performance of Bangladesh Banking Industry: A Panel Data Analysis. Bangladesh Development Studies. XXXV (3): 1-18.
Ahmed, F., A. Ahmed., and S. Kanwal. 2018. Mergers and Acquisition in Selected Frontier Markets of Asia. Signifikan: Jurnal Ilmu Ekonomi. 7(1): 123-136. doi: https://doi.org/10.15408/sjie.v7i1.6074.
Ajide, F.M. and J.O. Ajileye. 2015. Market Concentraton and Profitability in Nigerian Banking Industry: Evidence from Error Correction Modeling. International Journal of Economics, Commerce, and Management. III (1): 1-12.
Al Arif, M.N.R. 2014. Spin-offs and Its Impact on Third Party Funds in Indonesian Islamic Banking Industry. Economic Journal of Emerging Markets. 6 (1): 50-55
Al Arif, M.N.R. 2015. Keterkaitan Kebijakan Pemisahan Terhadap Tingkat Efisiensi Pada Industri Perbankan Syariah di Indonesia (The Relationship Between Spin-Off Policy and Efficieny in The Indonesian Islamic banking industry). Jurnal Keuangan dan Perbankan. 19 (2): 295-304.
Al Arif, M.N.R., Nachrowi, N.D., Nasution, M.E., & Mahmud, T.M.Z. 2017. The Islamic Banking Spin-off: Lessons from Indonesian Islamic Banking Experiences. JKAU: Islamic Economics. 30 (2): 117-133. DOI: 10.4197/Islec.30-2.11.
Al Arif, M.N.R., I. Haribowo., and A. Suherlan. 2018. Spin-Off Policy and Efficiency in The Indonesian Islamic Banking Industry. Banks and Bank System. 13(1): 1-10.
Ascarya., & Yumanita, D. 2008. Comparing The Efficiency of Islamic Banks in Malaysia and Indonesia. Buleting Ekonomi Moneter dan Perbankan. 11(2): 95-120.
Ayadi, I. and A. Ellouze. 2013. Market Structure and Performance of Tunisian Banks. International Journal of Economics and Financial Issues. 3 (2): 345-354.
Bello, M. and W.A. Isola. (2014). Empirical Analysis of Structure-Conduct-Performance Paradigm on Nigerian Banking Industry. The Empirical Econometrics and Quantitative Economics Letter. 3 (3): 24-34.
Berger, A.N. 1995. The Profit Structure Relationship in Banking –Tests of Market-Power and Efficient-Structure Hypotheses. Journal of Money, Credit, and Banking. 27 (2): 404-431.
Berger A.N. and T.H. Hannan. 1998. The Efficiency Cost of Market Power in The Banking Industry: A Test of The “Quiet Life†and Related Hypotheses. The Review of Economics and Statistics. 80(3): 454-465.
Cupian., and M. Abduh. 2017. Competitive Condition and Market Power of Islamic Banks in Indonesia. International Journal of Islamic and Middle Eastern Finance and Management. 10 (1): 77-91. doi: https://doi.org/10.1108/IMEFM-09-2015-0098.
Fu, W., and S. Heffernan. (2009). The Effects of Reform on China’s Bank Structure and Performance. Journal of Banking and Finance. 33: 39-52.
Gilbert, A. 1984. Studies of Bank Market Structure and Competition: A Review and Evaluation. Journal of Money, Credit and Banking. 16: 617-644.
Goldberg, L.G., and A. Rai. 1996. The Structure-Performance Relationship for European Banking. Journal of Banking and Finance. 20: 745-771.
Hamid, A. 2015. The Impact of Spin-off Policy to The Profitability on Indonesian Islamic Banking Industry. Al-Iqtishad: Journal of Islamic Economics. 7 (1): 117-126.
Hamza, H., and S. Kachtouli. 2014. Competitive Conditions and Market Power of Islamic and Conventional Commercial Banks. Journal of Islamic Accounting and Business Research. 5 (1): 29-46. doi: https://doi.org/10.1108/JIABR-05-2012-0030.
Haribowo, I. 2017. The Indonesian Islamic Bank’s Spin-off: A Study in Regional Development Banks. Al-Iqtishad: Journal of Islamic Economics. 9 (1): 53-68.
Hosen, M.N. and R. Rahmawati. 2016. Efficiency and Profitability on Indonesian Islamic Banking Industry. Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah (Journal of Islamic Economics). 8 (1): 33-48. doi: 10.15408/aiq.v8i1.2507.
Louati, S., and Y. Boujelbene. (2015). Banks Stability-Efficiency Within Dual Banking System: A Stochastic Frontier Analysis. International Journal of Islamic and Middle Eastern Finance and Management. 8 (4): 472-490. doi: https://doi.org/10.1108/IMEFM-12-2014-0121.
Martin, S. 1992. Industrial Economics. New Jersey: Prentice Hall.
Miftah, K. and H. Wibowo. 2017. Merger and Industrial Acceleration: Study at Indonesian Islamic Banking Industry. Signifikan: Jurnal Ilmu Ekonomi. 6 (1): 29-48.
Nasuha, A. 2012. Dampak Kebijakan Spin-Off Terhadap Kinerja Bank Syariah (The Impact of Spin-off Policy on Islamic Bank Performance). Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah (Journal of Islamic Economics). 4 (2): 241-258.
Novarini. 2009. Efisiensi pada Unit Usaha Syariah Menggunakan SFA: Pada Fungsi Keuntungan dan BOPO (The Efficiency of Islamic Business Unit using SFA: Profit Function and BOPO Derivation). (Unpublished Thesis). Depok: Universitas Indonesia.
Poerwokoesoemo, A. 2016. Kinerja Bank Konvensional Pasca Spin-Off Unit Usaha Syariah (The Performance of Conventional Banks After The Islamic Business Unit’s Spin-off). Jurnal Keuangan dan Perbankan. 12 (2): 145-164.
Pramuka, B.A. 2011. Assesing Profit Efficiency of Islamic Banks in Indonesia: An Intermediation Approach. Journal of Economics, Business and Accountancy Ventura. 14 (1): 79-88
Rahim, R.A. 2016. Does Competition Foster Efficiency? Empirical Evidence From Malaysian Commercial Banks. Asian Academy of Management Journal of Accounting and Finance. 12(1): 1-23.
Ramdani, A. 2015. Pengaruh Kebijakan Pemisahan Terhadap Laba Pada Bank BNI Syariah (The Impact of Spin-off Policy on Profitability at Bank of BNI Sharia). Etikonomi. 14 (1): 17-34.
Rashid, A., S. Yousaf., and M. Khaleequzzaman. (2017). Does Islamic Banking Really Strengthen Financial Stability? Empirical Evidence from Pakistan. International Journal of Islamic and Middle Eastern Finance and Management. 10 (2): 130-148. doi: https://doi.org/10.1108/IMEFM-11-2015-0137.
Samad, A. 2008. Market Structure, Conduct and Performance: Evidence from the Bangladesh Banking Industry. Journal of Asian Economics. 19: 181-193.
Schaeck, K., M. Cihak., and S. Wolfe. (2009). Are Competitive Banking Systems More Stable. Journal of Money, Credit and Banking. 41 (4): 711-734.
Scott, J.A., and W.C. Dunkelberg. 2010. Competition for Small Firm Banking Business. Bank Actions versus Market Structure. Journal of Banking and Finance. 34: 2788-2800. doi: https://doi.org/10.1016/j.bankfin.2010.06.004.
Shaffer, S. 2004. Patterns of Competition in Banking. Journal of Economics and Business. 56: 287-313.
Sufian, F., and M.S. Habibullah. 2012. Globalization and Bank Performance in China. Research in International Business and Finance. 26: 221-239. doi: https://doi.org/10.1016/j.ribaf.2011.12.005.
Tajgardoon, G., M. Behname., and K. Noormodamadi. 2012. Is Profitability as a Result of Market Power or Efficiency in Islamic Banking Industry? Economics and Finance Review. 2 (5): 1-7.
Tan, Y., and C. Floros. 2012. Bank Profitability and Inflation: The Case of China. Journal of Economic Studies. 39 (6): 675-696. doi: https://doi.org/10.1108/01443581211274610.
Yudaruddin, R. 2015. Market Structure, Conduct, and Performance: Evidence From Indonesian Banking Industry. Ekuitas: Jurnal Ekonomi dan Keuangan. 19 (3): 299-317.
Zhang, J., C. Jiang., B. Qu., and P. Wang. 2013. Market Concentration, Risk-Taking, and Bank Performance: Evidence from Emerging Economies. International Review of Financial Analysis. 30: 149-157.
Zhao, T., B. Casu., and A. Ferrari. 2010. The Impact of Regulatory Reforms on Cost Structure, Ownership, and Competition in Indian Banking. Journal of Banking and Finance. 34: 246-254.