MOTIVASI KEPUTUSAN RESTRUKTURISASI KREDIT PADA MASA PANDEMI COVID-19
DOI:
https://doi.org/10.29303/akurasi.v6i1.357Kata Kunci:
restrukturisasi kredit, COVID-19, logika institutionalAbstrak
Penelitian ini bertujuan menjawab fenomena pengambilan keputusan restrukturisasi kredit kepada debitur UMKM terdampak COVID-19 di BPD X. Pendekatan penelitian ini menggunakan metode kualitatif studi kasus dengan unit analisa berjenjang. Data diperoleh dari observasi, dokumentasi, dan wawancara semi terstruktur. Penelitian ini menggunakan analisa konten, tematik, dan perbandingan konstan dengan perangkat lunak NVivo 12 Plus. Institutional logics relevan dalam menjelaskan hubungan perilaku individu dengan institusi yang dapat memengaruhi sebuah tindakan. Hasil penelitian menunjukkan symbolic carriers (regulasi) memengaruhi material carriers (perilaku aktor, rutinitas, internal prosedur) sehingga terjadi praktik coupling sebatas pada penyusunan SOP yang merujuk pada POJK No.11/POJK.03/2020; POJK No.48/POJK.03/2020; POJK No.17/POJK.03/2020, sementara praktik decoupling terjadi pada penerapan SOP dalam memutuskan restrukturisasi kredit pada masa COVID-19. Terdapat multiple logics dari praktik restrukturisasi, yaitu logika rutinitas, aktor, dan prosedur. Kemudian, terjadi logika yang saling berkompetisi (competing logics) yaitu logika prosedur dan aktor dalam memberikan pertimbangan dan keputusan kelayakan debitur dan skema restrukturisasi kredit. Logika prosedur merupakan logika dominan (dominant/overarching logics) yang memotivasi dalam pemberian keputusan restrukturisasi kredit. Kontribusi hasil studi lebih ditujukan kepada regulator dalam merancang kebijakan yang lebih tepat dengan mempertimbangkan perilaku organisasi.
Unduhan
Data unduhan belum tersedia.
Referensi
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Kodeih, F., & Greenwood, R. (2014). Responding to Institutional Complexity: The Role of Identity. Organization Studies, 35(1), 7–39. https://doi.org/10.1177/0170840613495333
Lepoutre, J. M. W. N., & Valente, M. (2012). Fools breaking out: The role of symbolic and material immunity in explaining institutional nonconformity. Academy of Management Journal, 55(2), 285–313. https://doi.org/10.5465/amj.2008.0340
LPPI. (2020). Relaksasi Kredit Umkm & Dampaknya Bagi Sektor Perekonomian Di Indonesia Tahun 2020. Lembaga Pengembangan Perbankan Indonesia, 1–3. https://lppi.or.id/site/assets/files/1640/m__amin_-_relaksasi_kredit_umkm.pdf
Meyer, J. W., & Rowan, B. (1977). Institutionalized Organizations: Formal Structure as Myth and Ceremony. American Journal of Sociology, 83(2), 340–363. https://doi.org/10.1086/226550
Meyer, R. E., & Höllerer, M. A. (2010). Meaning structures in a contested issue field: A topographic map of shareholder value in Austria. Academy of Management Journal, 53(6), 1241–1262. https://doi.org/10.5465/amj.2010.57317829
Micucci, G., & Rossi, P. (2017). Debt Restructuring and the Role of Banks’ Organizational Structure and Lending Technologies. Journal of Financial Services Research, 51(3), 339–361. https://doi.org/10.1007/s10693-016-0250-5
Mitter, C., Weidinger, A., & Coetzee, J. (2015). Lender-Borrower Relationships In Austrian Banks: An Exploratory Study of Distressed Loans. International Business & Economics Research Journal, 14(6), 851–868.
Mukhlisin, M., & Fadzly, M. (2020). Multiple logics within the international Islamic financial architecture: implications for Islamic financial reporting standards. Accounting Research Journal, 33(6), 709–727. https://doi.org/10.1108/ARJ-03-2020-0059
OJK. (2020a). Frequently Asked Questions Restrukturisasi Kredit/Pembiayaan terkait Dampak COVID-19. In Otoritas Jasa Keuangan. https://ojk.go.id/id/berita-dan-kegiatan/info-terkini/Documents/Pages/-FAQ-Restrukturisasi-Kredit-atau-Pembiayaan-terkait-Dampak-COVID-19/FAQ Restrukturisasi Kredit dan Pembiayaan terkait Dampak Covid 19.pdf
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OJK. (2023). Statistik Perbankan Indonesia.
OJK, & BCG. (2020). Bagaimana UMKM & Perbankan Dapat Sukses di Era Disrupsi Ekonomi dan Digital.
Ombudsman RI. (2020). Janji Manis Relaksasi Kredit. Ombudsman Republik Indonesia. https://ombudsman.go.id/pengumuman/r/artikel--janji-manis-relaksasi-kredit
Pache, A. C., & Santos, F. (2013). Inside the hybrid organization: selective coupling as a response to conflicting institutional logics. Academy of Management Journal, 56(4), 972–1001. https://doi.org/10.1016/j.disc.2006.05.040
Reay, T., & Hinings, C. R. (2009). Managing the rivalry of competing institutional logics. Organization Studies, 30(6), 629–652. https://doi.org/10.1177/0170840609104803
Saunders, M. N. K., Lewis, P., & Thornhill, A. (2019). Research Methods for Business Students (Eight Edit). Pearson.
Scott, W. R. (2014). Institutions and organizations: ideas, interests, and identities. In Sage Publications (Vol. 4).
Shauki, E. R. (2018). Qualitative and Mixed-Method Research Analysis Using Nvivo 11. Case Writing and Methodology, ECAM, 809303.
Struckell, E., Ojha, D., Patel, P. C., & Dhir, A. (2022). Strategic choice in times of stagnant growth and uncertainty: An institutional theory and organizational change perspective. Technological Forecasting and Social Change, 182(December 2021), 121839. https://doi.org/10.1016/j.techfore.2022.121839
Sunny, S. S., & Tang, C. T. (2022). Regulator-initiated corporate debt restructuring: Evidence from Bangladesh. IIMB Management Review, 34(2), 153–167. https://doi.org/10.1016/j.iimb.2022.07.002
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Thornton, P. H., & Ocasio, W. (1999). Institutional Logics and the Historical Contingency of Power in Organizations : Executive Succession in the Higher Education Publishing Industry , 1958 –. American Journal of Sociology, 105(3), 801–843. https://doi.org/https://doi.org/10.1086/210361
Thornton, P. H., & Ocasio, W. (2008). Institutional Logics. In The SAGE Handbook of Organizational Institutionalism (Issue August 2014). https://doi.org/10.4135/9781849200387.n4
Thornton, P. H., Ocasio, W., & Lounsbury, M. (2012). The Institutional Logics Perspective: A New Approach to Culture, Structure, and Process (1st ed.). Oxford University Press.
Tilcsik, A. (2010). From Ritual to Reality: Demography, Ideology, and Decoupling in a Post Communist Government Agency. The Academy of Management Journal, 53(6), 1474–1498.
Yin, R. K. (2018). Case Study Research and Application Design and Methods (Sixth Edit). SAGE.
Zilber, T. B. (2016). How institutional logics matter: A bottom-up exploration. Research in the Sociology of Organizations, 48A, 137–155. https://doi.org/10.1108/S0733-558X201600048A005
Bahtiar, R. A. (2021). Dampak Pandemi Covid19 Terhadap Sektor Usaha Mikro, Kecil, Dan Menengah Serta Solusinya. Info Singkat. https://berkas.dpr.go.id/puslit/files/i%0Anfo_singkat/Info Singkat-XIII-10-IIP3DI-Mei-2021-1982.pdf
Bank Indonesia. (2020). Bersinergi Membangun Optimisme Pemulihan Ekonomi. In Bank Indonesia. https://www.bi.go.id/id/publikasi/laporan-tahunan/perekonomian/Documents/9_LPI2020.pdf
Boeije, H. (2002). A purposeful approach to the constant comparative method in the analysis of qualitative interviews. Quality and Quantity, 36(4), 391–409. https://doi.org/10.1023/A:1020909529486
BPS. (2021). Berita Resmi Statistik. In BPS. https://www.bps.go.id/website/materi_ind/materiBrsInd-20210205095341.pdf
Braun, V., & Clarke, V. (2008). Using thematic analysis in psychology,Qualitative Research in Psychology. Journal of Chemical Information and Modeling, 3(2), 77–101. http://dx.doi.org/10.1191/1478088706qp063oa
Bromley, P., & Powell, W. W. (2012). From Smoke and Mirrors to Walking the Talk: Decoupling in the Contemporary World. Academy of Management Annals, 6(1), 483–530. https://doi.org/10.1080/19416520.2012.684462
Cloutier, C., & Langley, A. (2013). The Logic of Institutional Logics: Insights From French Pragmatist Sociology. Journal of Management Inquiry, 22(4), 360–380. https://doi.org/10.1177/1056492612469057
Creswell, J., & Creswell, J. D. (2018). Research Design Qualitative, Quantitative, and Mixed Methods Approaches (Fifth Edit). SAGE.
Damayanthi, I. G. A. E., Wiagustini, N. L. P., Suartana, I. W., & Rahyuda, H. (2022). Loan restructuring as a banking solution in the COVID-19 pandemic: Based on contingency theory. Banks and Bank Systems, 17(1), 196–206. https://doi.org/10.21511/bbs.17(1).2022.17
DiMaggio, P. J., & Powell, W. W. (1983). The iron cage revisited institutional isomorphism and collective rationality in organizational fields. Advances in Strategic Management, 17, 143–166. https://doi.org/10.1016/S0742-3322(00)17011-1
Economy Okezone. (2020). OJK Beberkan Tantangan dan Kendala Penerapan Restrukturisasi Kredit. Economy Okezone. https://economy.okezone.com/read/2020/11/20/320/2313275/ojk-beberkan-tantangan-dan-kendala-penerapan-restrukturisasi-kredit
Friedland, R., & Alford, R. R. (1991). Bringing Society Bank In: Symbols, Practices, and Institutional Contradictions.
Greenwood, R., Oliver, C., Lawrence, T. B., & Meyer, R. E. (2017). The SAGE Handbook of Organizational Institutionalism (Second Edi). SAGE.
Greenwood, R., Suddaby, R., & Hinings, C. R. (2002). Theorizing change: The role of professional associations in the transformation of institutionalized fields. Academy of Management Journal, 45(1), 58–80. https://doi.org/10.2307/3069285
Greve, H. R., & Argote, L. (2015). Behavioral Theories of Organization. In International Encyclopedia of the Social & Behavioral Sciences: Second Edition (Second Edi, Vol. 2). Elsevier. https://doi.org/10.1016/B978-0-08-097086-8.73121-7
Jan, P. T., Lu, H. P., & Chou, T. C. (2012). The adoption of e-learning: An institutional theory perspective. Turkish Online Journal of Educational Technology, 11(3), 326–343.
Kasmuri, S., & Shauki, E. R. (2019). Decision-Making Behavior of Loan Restructuring Based on Institutional Logics: Case Study Bank Perkreditan Rakyat Industry in West Java Region. AFEBI Accounting Review, 4(01), 1. https://doi.org/10.47312/aar.v4i01.219
Kementerian Keuangan. (2020). Kajian Reformasi Sistem Keuangan. Kementerian Keuangan, 00, 1–3. https://www.kemenkeu.go.id/informasi-publik/publikasi/siaran-pers/keterangan-pers-kajian-reformasi-sistem-keuangan
Kementerian Koordinator Bidang Perekonomian. (2022). Perkembangan UMKM sebagai Critical Engine Perekonomian Nasional Terus Mendapatkan Dukungan Pemerintah. Ekon.Go.Id. https://www.ekon.go.id/publikasi/detail/4593/perkembangan-umkm-sebagai-critical-engine-perekonomian-nasional-terus-mendapatkan-dukungan-pemerintah#:~:text=Peran UMKM sangat besar untuk,total penyerapan tenaga kerja nasional.
Kodeih, F., & Greenwood, R. (2014). Responding to Institutional Complexity: The Role of Identity. Organization Studies, 35(1), 7–39. https://doi.org/10.1177/0170840613495333
Lepoutre, J. M. W. N., & Valente, M. (2012). Fools breaking out: The role of symbolic and material immunity in explaining institutional nonconformity. Academy of Management Journal, 55(2), 285–313. https://doi.org/10.5465/amj.2008.0340
LPPI. (2020). Relaksasi Kredit Umkm & Dampaknya Bagi Sektor Perekonomian Di Indonesia Tahun 2020. Lembaga Pengembangan Perbankan Indonesia, 1–3. https://lppi.or.id/site/assets/files/1640/m__amin_-_relaksasi_kredit_umkm.pdf
Meyer, J. W., & Rowan, B. (1977). Institutionalized Organizations: Formal Structure as Myth and Ceremony. American Journal of Sociology, 83(2), 340–363. https://doi.org/10.1086/226550
Meyer, R. E., & Höllerer, M. A. (2010). Meaning structures in a contested issue field: A topographic map of shareholder value in Austria. Academy of Management Journal, 53(6), 1241–1262. https://doi.org/10.5465/amj.2010.57317829
Micucci, G., & Rossi, P. (2017). Debt Restructuring and the Role of Banks’ Organizational Structure and Lending Technologies. Journal of Financial Services Research, 51(3), 339–361. https://doi.org/10.1007/s10693-016-0250-5
Mitter, C., Weidinger, A., & Coetzee, J. (2015). Lender-Borrower Relationships In Austrian Banks: An Exploratory Study of Distressed Loans. International Business & Economics Research Journal, 14(6), 851–868.
Mukhlisin, M., & Fadzly, M. (2020). Multiple logics within the international Islamic financial architecture: implications for Islamic financial reporting standards. Accounting Research Journal, 33(6), 709–727. https://doi.org/10.1108/ARJ-03-2020-0059
OJK. (2020a). Frequently Asked Questions Restrukturisasi Kredit/Pembiayaan terkait Dampak COVID-19. In Otoritas Jasa Keuangan. https://ojk.go.id/id/berita-dan-kegiatan/info-terkini/Documents/Pages/-FAQ-Restrukturisasi-Kredit-atau-Pembiayaan-terkait-Dampak-COVID-19/FAQ Restrukturisasi Kredit dan Pembiayaan terkait Dampak Covid 19.pdf
OJK. (2020b). Statistik Perbankan Indonesia.
OJK. (2023). Statistik Perbankan Indonesia.
OJK, & BCG. (2020). Bagaimana UMKM & Perbankan Dapat Sukses di Era Disrupsi Ekonomi dan Digital.
Ombudsman RI. (2020). Janji Manis Relaksasi Kredit. Ombudsman Republik Indonesia. https://ombudsman.go.id/pengumuman/r/artikel--janji-manis-relaksasi-kredit
Pache, A. C., & Santos, F. (2013). Inside the hybrid organization: selective coupling as a response to conflicting institutional logics. Academy of Management Journal, 56(4), 972–1001. https://doi.org/10.1016/j.disc.2006.05.040
Reay, T., & Hinings, C. R. (2009). Managing the rivalry of competing institutional logics. Organization Studies, 30(6), 629–652. https://doi.org/10.1177/0170840609104803
Saunders, M. N. K., Lewis, P., & Thornhill, A. (2019). Research Methods for Business Students (Eight Edit). Pearson.
Scott, W. R. (2014). Institutions and organizations: ideas, interests, and identities. In Sage Publications (Vol. 4).
Shauki, E. R. (2018). Qualitative and Mixed-Method Research Analysis Using Nvivo 11. Case Writing and Methodology, ECAM, 809303.
Struckell, E., Ojha, D., Patel, P. C., & Dhir, A. (2022). Strategic choice in times of stagnant growth and uncertainty: An institutional theory and organizational change perspective. Technological Forecasting and Social Change, 182(December 2021), 121839. https://doi.org/10.1016/j.techfore.2022.121839
Sunny, S. S., & Tang, C. T. (2022). Regulator-initiated corporate debt restructuring: Evidence from Bangladesh. IIMB Management Review, 34(2), 153–167. https://doi.org/10.1016/j.iimb.2022.07.002
SWA. (2014). Tiga Pilar Menjadi Fokus BPD Regional Champion. SWA. https://swa.co.id/swa/trends/management/tiga-pilar-menjadi-fokus-bpd-regional-champion
Thompson, A., Peteraf, M., Gambke, J., & III, A. J. S. (2022). Crafting and Executing Strategy: Concepts and Cases (23rd ed.). McGraw Hill LLC.
Thornton, P. H., & Ocasio, W. (1999). Institutional Logics and the Historical Contingency of Power in Organizations : Executive Succession in the Higher Education Publishing Industry , 1958 –. American Journal of Sociology, 105(3), 801–843. https://doi.org/https://doi.org/10.1086/210361
Thornton, P. H., & Ocasio, W. (2008). Institutional Logics. In The SAGE Handbook of Organizational Institutionalism (Issue August 2014). https://doi.org/10.4135/9781849200387.n4
Thornton, P. H., Ocasio, W., & Lounsbury, M. (2012). The Institutional Logics Perspective: A New Approach to Culture, Structure, and Process (1st ed.). Oxford University Press.
Tilcsik, A. (2010). From Ritual to Reality: Demography, Ideology, and Decoupling in a Post Communist Government Agency. The Academy of Management Journal, 53(6), 1474–1498.
Yin, R. K. (2018). Case Study Research and Application Design and Methods (Sixth Edit). SAGE.
Zilber, T. B. (2016). How institutional logics matter: A bottom-up exploration. Research in the Sociology of Organizations, 48A, 137–155. https://doi.org/10.1108/S0733-558X201600048A005
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2023-06-27
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Diana, N., & R. Shauki, E. (2023). MOTIVASI KEPUTUSAN RESTRUKTURISASI KREDIT PADA MASA PANDEMI COVID-19 . Akurasi : Jurnal Studi Akuntansi Dan Keuangan, 6(1), 73–94. https://doi.org/10.29303/akurasi.v6i1.357
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