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J. of ASEAN Studies     Open Access   (Followers: 1)
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Journal of ASEAN Studies
Number of Followers: 1  

  This is an Open Access Journal Open Access journal
ISSN (Print) 2338-1361 - ISSN (Online) 2338-1353
Published by Binus University Homepage  [1 journal]
  • Revisiting ASEAN Legislation and Its Impact on Regional Governance

    • Authors: Lili Yulyadi Arnakim, Moch Faisal Karim, Tirta Nugraha Mursitama
      PubDate: 2022-01-24
      DOI: 10.21512/jas.v9i2.8116
      Issue No: Vol. 9, No. 2 (2022)
       
  • THE ROLE OF FINANCIAL STRUCTURE, BUSINESS DRIVE, BUSINESS ENVIRONMENT ON
           DECISION TO USE AN EXTERNAL AUDITOR ON SMES: EVIDENCE FROM ASEAN COUNTRIES
           

    • Authors: Jonathan Jonathan, Moch. Doddy Ariefianto, Rindang Widuri
      Abstract: The research examined the role of financial structure, business drive, and business environment that resulted in external audit service adoption in small and medium-sized enterprises (SMEs) within ASEAN countries. Source of data were from the 2015 and 2016 World Bank Enterprise Survey. The research discovers that external audit service adoption is significantly influenced by financial structure, business motivation, and business environment. Additionally, we take into account a number of control variables, including sales, ownership structure, industry sector, and country of origin. The findings indicate a significant positive correlation between sales, ownership structure (partnership vs. sole proprietorship), and external audit adoption for SMEs. From a country-of-origin perspective, it is concluded that audit adoption is significantly higher in Malaysia and the Philippines than in Vietnam. However, audit adoption in Indonesia is significantly lower than in Vietnam, both in terms of awareness and implementation. Other points of interest can be seen in the interaction regression between countries, which indicates the degree of complexity associated with audit adoption when country of origin is taken into account. One significant policy implication is that SMEs can leverage external auditor services to support their growth and, in turn, the economy of the corresponding country.
      PubDate: 2021-12-30
      DOI: 10.21512/jas.v9i2.7070
      Issue No: Vol. 9, No. 2 (2021)
       
  • THE EFFECTS OF INTEREST RATE ON REAL EFFECTIVE EXCHANGE RATE VOLATILITY
           SPILLOVER IN MALAYSIA AND THAILAND: EMPIRICAL EVIDENCE

    • Authors: Mohd Jaffri Abu Bakar, Nanthakumar Loganathan, Asan Ali Golam Hassan, Tirta Nugraha Mursitama
      Abstract: The research examined this asymmetric effect between the interrelationship of the interbank rate on the external competitiveness purchasing power represented by the real effective exchange rate for Malaysia and Thailand using monthly data covering the period of 1994 until 2020. The empirical findings confirms an asymmetric effect between interbank rate and real effective exchange rate based on the nonlinear autoregressive distributed lag estimates. The research also finds a unidirectional asymmetric causal relationship running from real effective exchange rate on interbank rate Thailand, which indicate the monetary policy has a direct relationship on interbank rate volatility. While in Malaysia, there is no causality running between both variables since the country has proposed several soft monetary policies and more concentrating on the short-term borrowing by improving the tight money supply circulation based on the domestic inflation, global economic, and financial market volatility. Therefore, the research recommends a specific need of monetary stabilizer policy to stabilize both countries’ currencies and put more effort to liberalize the foreign exchange rate system in a globalized economy.
      PubDate: 2021-12-30
      DOI: 10.21512/jas.v9i2.7517
      Issue No: Vol. 9, No. 2 (2021)
       
  • TRANSBOUNDARY ENVIRONMENTAL GOVERNANCE IN THE EU AND SOUTHEAST ASIA:
           CONTESTING HYBRIDITY IN THE BIOFUELS AND PALM OIL REGIMES

    • Authors: Helena Varkkey
      Abstract: The research addresses the complexities of the European Union’s Renewable Energy Directives (EU RED and RED II), contextualising them within the palm oil sector in Southeast Asia, in which Indonesia and Malaysia are known to be the two largest producers and exporters of palm oil. It aims to question the effect of this expanding role of markets on power dynamics and political processes. Examining these developments at different organisational scales highlights the asymmetrical power relations that circulate through such transboundary networks to shape patterns of resource access and the distribution of environmental risks. Employing a qualitative approach, the research uses case study method to reflect on how market forces and broad political dynamics establish the hybrid environmental governance regime of biofuels. The research concludes that this transboundary market approach to biofuels and palm oil should be regarded with caution, as it (1) lowers regulatory quality within the biofuels sustainability regime, (2) undermines the sustainable palm oil market, and (3) indirectly bolsters unsustainable practices outside the palm oil sector.
      PubDate: 2021-12-16
      DOI: 10.21512/jas.v9i2.7757
      Issue No: Vol. 9, No. 2 (2021)
       
  • CONTESTED INTERPRETATIONS OF INDONESIA’S INTERNATIONAL LEADERSHIP IN THE
           FOREIGN POLICY OF PRESIDENT SUSILO BAMBANG YUDHOYONO AND JOKO WIDODO

    • Authors: Aleksius Jemadu, Floranesia Lantang
      Abstract: The research aimed to examine the Indonesia’s international leadership on foreign policy throughout the period of President Susilo Bambang Yudhoyono and President Joko Widodo, who have developed different conceptualizations of foreign policy. It ultimately affects the way each of them makes an interpretation of what Indonesia should do with its international leadership. The research built a solid and rich theoretical framework by consulting on previous research focusing on factors that affect the nature of international leadership especially regarding the role of the individual styles of a state leader. The research had two illustrations or brief case studies, namely, the promotion of democracy and human rights and the initiative of promoting the Indo-Pacific cooperation with a special emphasis on the period of President Joko Widodo. The research finds that he has changed the nature of Indonesia’s international leadership to make it fit into his domestic agenda. While President Susilo Bambang Yudhoyono tends to make Indonesia’s international leadership as an essential part of his rigorous effort to build a post-authoritarian identity for a democratic and stable nation, President Joko Widodo prefers to make his foreign policy serve the accomplishment of his domestic priorities. The research concludes that Indonesia’s international leadership is much contingent upon individual preferences of the presidents in both formulating their policies as well as the implementation. Moreover, the research comes up with constructive ideas which might be useful to strengthen Indonesia’s international leadership in the future.
      PubDate: 2021-12-07
      DOI: 10.21512/jas.v9i2.7478
      Issue No: Vol. 9, No. 2 (2021)
       
  • WHAT’S WRONG WITH US' AN ANALYSIS OF INDONESIAN PRESIDENT JOKO
           WIDODO’S PUBLIC SPEECHES FROM 2017 TO 2018

    • Authors: Adam Tyson, Stanislaus Apresian
      Abstract: The research examines the rhetorical style and political priorities in Indonesian President Joko Widodo’s public speeches during his first term in office. Content analysis is used to investigate a purposive sample of 66 presidential speeches from May 2017 to May 2018. In addition, the research identifies the similarity of words to understand the selective appraisal of Indonesia’s progress based on President Jokowi’s utterances. In one contentious oration on May 18th, 2017, delivered to government officials, the president bluntly asked ‘what’s wrong with us’' The question presupposes that something is wrong in Indonesian politics, and is narrowcast to an audience of government officials, some of whom are implicated in the developmental shortcomings, administrative inefficiencies, and social conflicts that persist in Indonesia today. The president’s strategic message implies that Indonesia’s economic development unduly lags regional competitors; disinformation and hate speech create social divisions and political distortions; and there is a significant digital and technological divide in the country. The research result shows that the president’s passion extends beyond bureaucratic reform and into contentious political topics, where selective attempts at disruptive truth-telling are made.
      PubDate: 2021-12-07
      DOI: 10.21512/jas.v9i2.7318
      Issue No: Vol. 9, No. 2 (2021)
       
  • THE ROLE OF THE ASEAN SUMMIT IN THE ASEAN ECONOMIC DISPUTE SETTLEMENT

    • Authors: Intan Soeparna
      Abstract: Like the World Trade Organization (WTO) Dispute Settlement Mechanism, the Association of South-East Asian Nations Enhanced Dispute Settlement Mechanism (ASEAN EDSM) recognizes trade countermeasures in the event of non-compliance with rulings made by the Panel and Appellate Body. However, the injured party sometimes has to deal with stumbling blocks in requesting an authorized trade countermeasure. The pitfall highlights the consequences if the dispute is unresolved. Meanwhile, ASEAN recognizes a procedure to allow the disputant parties to render unresolved disputes to the ASEAN Summit according to Article 26 of the ASEAN Charter. Moreover, if the non-implementation of the ASEAN dispute settlement decision affects the injured party, this party can submit the issue to the ASEAN Summit according to Article 27(2) of the ASEAN Charter. This research investigates whether the role of the ASEAN Summit can be a solution for the post-adjudication issue in the ASEAN EDSM. The research methods consist of a literature review and close reading of the Article 26 and 27 of the ASEAN Charter. The result shows that the intervention of the ASEAN Summit to the post-adjudication of ASEAN EDSM is likely to apply political solutions that would, in turn, make legal decisions subject to politically driven scrutiny. However, ASEAN commits that any economic disputes must be resolved to ensure economic stability in the ASEAN.
      PubDate: 2021-12-07
      DOI: 10.21512/jas.v9i2.7771
      Issue No: Vol. 9, No. 2 (2021)
       
  • ‘FAKE NEWS’ IN ASEAN: LEGISLATIVE RESPONSES

    • Authors: Robert Brian Smith, Mark Perry, Nucharee Nuchkoom Smith
      Abstract: The research is a legal review based on the documentary research concept by comparing the development of legislative responses to fake news spread in Southeast Asia. Anti-fake news legislation focuses on the transmission of information by electronic means than print media. The analysis is carried out for each of the member states by including a clause-by-clause examination of the legislation and subsequent cases addressing legal issues associated with the laws. Several common factors should be addressed to provide a fairer and more transparent approach, including developing a clear-cut definition of fake news. Two key elements should be met in the definition of spreading of fake news: it should be the intentional spreading of misinformation or disinformation by design. The research suggests it would be better to develop anti-fake news legislation as either a standalone statute or a specific amendment to existing legislation than include fake news in omnibus legislation. Except in the most serious cases, creating, publishing, or distributing fake news illegality should be reduced from a criminal offence to an administrative offence, where the police issue a fine. Given the documented publishing and spreading of disinformation by state actors, their servants and agents, there should be an explicit “fake news” offence associated with the action of such persons.
      PubDate: 2021-12-07
      DOI: 10.21512/jas.v9i2.7506
      Issue No: Vol. 9, No. 2 (2021)
       
 
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