Purpose-The aim of this study is to analyze the effects of macro-and micro-economic variables on the ratio of troubled financing (Non-Performing Financing, NPF). Design/Methodology/Approach-The method used in this research is the data panel fixed effect with 13 banks and 4 periods of data report (semi-annual report 2014-2015). Findings-The regression result achieved that variable inflation significantly influences the ratio of NPF. Variable Gross Domestic Product and assets total significantly influence the ratio of NPF too. While the SBI sharia's variable and Financing to Deposit Ratio did not significantly affect NPF in Syariah's Unit of Aceh Bank Pembangunan Daerah (BPD) in Indonesia. Research Limitations/Implications-This study uses panel data which are a combination of time series data and cross-section. Practical Implications-The policymakers can design a macro-policy carefully and better fiscal policies.

The purpose of this research is to investigate the effects of financial decision behavior on firm performance of Indonesian public companies using panel data. The dynamic generalized method of moment is utilized in this study. The results show that firm performance is dynamic in nature, which indicates that last year performance affects current performance significantly. Empirical result of financial decision behavior shows that investment, leverage, and dividend per share (DPS) have significant impact on firm performance. Specifically, investment has negative impact on firm performance. Meanwhile leverage has negative effects on return on assets (ROA), but positively affects Tobin's Q. Moreover, DPS positively affects ROA and Tobin's Q. This finding suggests that investment decision of Indonesian firms is overinvestment, indicated with higher investment affects firm performance negatively. Similarly with leverage, the finding reveals that Indonesian public companies borrowed external fund more than they required (overleverage). The positive effect of DPS on firm performance implies that dividends payout to

Gross domestic product (GDP) is one indicator for measuring a country's economic growth. However, the increase in GDP and population growth are affecting CO 2 emissions. This study analyses the effects of GDP and population density on CO 2 emissions in Indonesia. To this end, it used the Cobb-Douglas model, and parameter estimation using Ant Colony Optimisation algorithm. The analysis of the results reveals that GDP and population density influence CO 2 emissions in Indonesia significantly, and significantly follows the Cobb-Douglas model with increasing return to scale characteristics. Thus, an increase in GDP and population density will lead to increased CO 2 emissions in Indonesia.

<p class="Style1"><strong><em>The objective of this research is to determine the significant effects of financial perfor­</em></strong><strong><em>mance of manufacturing industries to stock return in Indonesia Stock Exchange. The </em></strong><strong><em>secondary data was used with the multiple linear regression analysis. The results show </em></strong><strong><em>that earning per share and price earning ratio have positive and significantly effects to </em></strong><strong><em>stock return. This research also finds retum on equity and price to book value does not </em></strong><strong><em>have any significant effects to stock return. The finding of this research suggests that to </em></strong><strong><em>include all of the fisting companies for futher research.</em></strong></p><p class="Style1"><strong><em>Keywords: earning per share, price earning ratio, return on equity, price to book value, stock return, manufacturing industries, Indonesia stock exchange.</em></strong></p>

Operational of Islamic Banking always prioritize the principles of Muamalat (transaction or dealing), fairness, and togetherness between the bank and the customer. These principles are the foundation resulting in Islamic banks outperforms other conventional banks. The fairness principle is also used in dividing the profit including Profit Distribution Management (PDM). PDM is the profit distribution based on the ratio agreement between the Islamic bank and depositor. The fluctuation movement of PDM is influenced by several factors including internal and external factors. Some internal factors of Islamic banks influencing PDM including are Capital Adequacy, Effectiveness of Depositors Funds, Asset Composition, Deposits, Productive Assets Management, and Inflation Rate. This study aims to investigate and analyse the factors affecting PDM. This study was conducted at 11 general Islamic bank registered in Indonesia in the period of 2012 to 2016. The results show that there are four factors significantly influencing PDM, namely: Capital Adequacy, Effectiveness of Depositors Funds, Asset Composition and Deposits. Two other factors, namely: Productive Assets Management and Rate of Inflation have no significant influence on PDM.