This research aims to analyze psychological biases that occur when investors make risky investment decisions. There are five behavioral factors analyzed (herding, overconfidence, disposition effect, conservatism, and availability). Financial literacy is used as moderator in analyzing the effect of those bahaviors towards risky investment decisions. This research examines four econometric equations in explaining financial literacy as a moderator. Interaction effect testing is carried out using moderating variable regression. The results show that psychological biases occur in making risky investment decisions. Herding behavior, overconfidence, disposition effect, and conservatism show a positive effect, while availability does not show a significant effect. Testing on the interaction model finds that financial literacy is able to reduce these psychological biases. This finding also explains the managerial implications that investors with high levels of financial literacy have the potential to experience relatively low psychological biases compared to investors with limited levels of financial literacy. In terms of limitations, this research uses a questionnaire survey that has not been able to reveal aspects of investor behavior in a comprehensive manner. In addition, the number of respondents who are more dominated by beginner investors also adds to the limitations in carrying out the generalization.                                                    ABSTRAKRiset ini bertujuan untuk menganalisis bias-bias psikologi yang terjadi ketika pemodal mengambil keputusan investasi berisiko. Terdapat lima faktor perilaku yang dianalisis, yaitu perilaku herding, overconfidence, disposition effect, conservatism, dan availability. Literasi keuangan digunakan sebagai pemoderasi dalam menganalisis pengaruh faktor-faktor keperilakuan tersebut terhadap keputusan investasi berisiko. Riset ini menguji empat persamaan ekonometrika dalam menjelaskan peran literasi keuangan sebagai pemoderasi. Pengujian efek interaksi dilakukan dengan menggunakan regresi variabel moderasi. Hasil analisis menunjukkan bahwa bias-bias psikologi terjadi dalam pengambilan keputusan investasi berisiko. Perilaku herding, overconfidence, disposition effect, dan conservatism menunjukkan pengaruh positif terhadap pengambilan keputusan investasi berisiko, sementara bias availability tidak menunjukkan pengaruh yang bermakna dalam riset ini. Pengujian pada model interaksi menemukan bahwa literasi keuangan mampu mereduksi bias-bias psikologi tersebut. Temuan ini sekaligus menjelaskan implikasi manajerial bahwa pemodal dengan tingkat literasi keuangan yang baik berpotensi mengalami bias-bias psikologi yang relatif lebih rendah dibandingkan pemodal dengan tingkat lietrasi keuangan yang terbatas. Dari sisi keterbatasan, riset ini menggunakan survei kuesioner yang belum mampu mengungkap aspek perilaku pemodal secara komprehensif. Selain itu, jumlah responden yang lebih didominasi oleh pemodal pemula juga menambah keterbatasan dalam melakukan generalisasi hasil penelitian.

Transhumanisme adalah sebuah pergerakan budaya dan filsafat yang melihat manusia memiliki hak dan kebebasan morfologis untuk berevolusi mencapai kondisi pascahuman dengan memodifikasi dan meningkatkan natur serta kapasitas manusia secara radikal menggunakan teknologi terkini seperti rekayasa genetika, robotika, kecerdasan buatan dan nanoteknologi. Pascahuman yang didambakan transhumanisme adalah kondisi manusia yang tidak dapat mengalami kemerosotan, penyakit, dan bahkan kematian. Tujuan akhirnya adalah hidup lebih panjang atau bahkan abadi untuk menikmati kebahagiaan yang tidak terbatas. Dengan mencermati perkembangan agenda transhumanis, muncul keprihatinan dari para sarjana bidang interdisipliner sains, teknologi dan teologi bahwa umat manusia akan diubahkan oleh teknologi atau bahkan malah menjadi tersingkir dan punah. Artikel ini bertujuan mengkaji transhumanisme dari perspektif antropologi Kristen, yang meliputi tiga aspek, yaitu asal-usul dan natur manusia, realitas kehidupan manusia serta solusi bagi masalah manusia. Hasil kajian menunjukkan bahwa janji transhumanisme mengenai evolusi manusia dengan kebebasan morfologis dan determinasi dirinya sendiri dapat mengupayakan perkembangan menuju kondisi pascahuman adalah hal yang tidak menjanjikan untuk tercapai karena natur manusia yang telah jatuh ke dalam dosa cenderung merusak atau menggantikan yang baik menjadi jahat. Agenda dan optimisme transhumanisme untuk menyingkirkan kemerosotan, penyakit dan kematian sepenuhnya dari kehidupan manusia dengan menggunakan teknologi terkini mustahil direalisasikan karena semua realitas tersebut adalah dampak dari kejatuhan manusia ke dalam dosa yang hanya bisa diatasi dengan cara ilahi melalui karya penebusan Kristus yang mengerjakan transformasi jiwa raga secara holistik. Transhumanism is a cultural and philosophical movement that sees humans as having the right and morphological freedom to evolve towards a posthuman state by radically modifying and enhancing human nature and capacity using the latest technologies such as genetic engineering, robotics, artificial intelligence, and nanotechnology. The posthuman that transhumanism craves is the human condition impervious to degeneration, disease, and even death. The end goal is to live longer or even immortal to enjoy unlimited happiness. By observing the development of the transhumanist agenda, there are concerns from scholars in the interdisciplinary fields of science, technology, and theology that humanity will be transformed by technology or even become marginalized and extinct. This article aims to examine transhumanism from Christian anthropology, which includes three aspects: the origin and nature of man, the reality of human life, and solutions to human problems. The results of the study show that the promise of transhumanism regarding human evolution with morphological freedom and self-determination to strive for progress towards a posthuman state is unpromising to achieve because human nature, which has fallen into sin, tends to destroy or exchange good for evil. The agenda and optimism of transhumanism to completely remove degeneration, disease, and death from human life by using the latest technology is impossible to realize because all these realities are the impact of the fall of man into sin, which can only be overcome by divine means through redemptive work of Christ which carries out the transformation of soul and body holistically.

This research aims to analyze the moderating effects of profitability and leverage on the relationship between the quality management system and eco-efficiency toward the firm’s performance. The research sample consists of 75 firms listed on the Indonesia Stock Exchange as of 2017. Data concerning eco-efficiency and the quality management system are collected from the firm's annual report. This research utilizes a multiple linear regression model. The result shows that eco-efficiency and quality management system do not affect the firm’s performance. Profitability has a negative and significant moderating effect on the relationship between eco-efficiency toward the firm’s performance. Further, the moderating variable also positively and significantly moderates the relationship between the quality management system and the firm's performance. Leverage, on the other hand, is found to have no moderating effect on the relationship between eco-efficiency and quality management systems toward the firm's performance.  This study contributes and extends previous research by exploring eco-efficiency and quality management systems toward the firm’s performance simultaneously. Besides, it also examines the moderating relation of profitability and leverage in relationship with eco-efficiency and quality management system toward a firm's performance by using the sample from all firms which are listed on the Indonesia Stock Exchange and have implemented the system.

Colonization of Propionibacterium acnes is one of factors that causes acne vulgaris. The present study was conducted to evaluate antiacne effect from cream of methanolic extract from stems and leaves of Impatiens balsamina L. towards Propionibacterium acnes, concentration that gives greatest antiacne effect and to evaluate physical and chemical properties of creams. Simplicia were extracted using soxhlet technique and methanol as solvent. Extract then formulated in cream in three variations of concentration as following 10%(F1), 15%(F2) and 20%(F3). The determination of antiacne effect was done using disc diffusion method. Evaluation of physical and chemical properties of those creams includes organoleptic examination, spreadability, adhesion and pH testing. Data were analyzed using R version 2.14.1 package R-commander. Determination results showed the diameter of inhibition zone from F1, F2 and F3 were 8,37±2,205; 10,78±2,551; and 17,42±3,029 mm respectively. Analysis results showed that cream of F3 gave significantly greatest antiacne effect compared to F1 and F2 (p<0,05), and not significantly different to the positive control (p>0,05). The evaluation of creams showed that they had homogenous texture, nongreasy, easily washed, spreadability of 10,18±0,285 to 11,55±0,687 cm 2 , adhesion force of 33,299±2,821 to 60±0 minutes, and pH of 6,07±0,058 to 6,37±0,115, this showed that creams have good physical and chemical properties.

The purpose of this study is to analyze the determinants of voluntary disclosure (VD) by using three non-interaction models and one interaction model. This paper observes four VD’s determinants (ownership dispersion, managerial ownership, audit committee, and independent commissioners), one control variable (capital structure), and one moderating variable (total asset). By using panel data analysis (225 observations) on the Indonesia Stock Exchange (IDX), it is found that the total asset can be used as the moderating variable in explaining the determinants of VD in IDX. Furthermore, the interaction model shows better results than non-interaction models. Managerial ownership, independent commissioners, and ownership dispersion show high consistency with the tested hypotheses. This is different from the audit committee which does not support the hypothesis. These findings implicate managerial policies that need to consider good corporate governance in supporting the voluntary disclosure of public companies in Indonesia. Strengthening external validity in the form of replication, developing research models, and refining research methods is needed to strengthen the managerial implications. Testing the robustness by simulating various substitute proxies to optimize the generalization of research findings needs to be considered in future studies.