Prof. Irwan Trinugroho
Senior Researcher
Prof. Dr. Irwan Trinugroho is a Professor at the Faculty of Economics and Business, Universitas Sebelas Maret. He earned his Master of Science degree from the University of Groningen, the Netherlands, and completed his Ph.D. at Universitas Gadjah Mada, Indonesia. For more than a decade, he has been actively involved in international research collaborations in the fields of finance, particularly banking, Islamic finance, and corporate governance. His research interests include banking stability, financial inclusion, and financial development in emerging markets. He also serves as an editor and reviewer for various reputable international journals and is frequently invited as a speaker in academic and policy forums both nationally and internationally.
Publications
- Brahmana, R.K., Setiawan, D., Trinugroho, I. (2022). The impact of government nonmarket policy on a firm’s financial performance: A lesson from COVID-19 pandemic lockdown’s policy. Asia-Pacific Journal of Business Administration.
- Trinugroho, I., Pamungkas, P., Wiwoho, J., Damayanti, S.M., Pramono, T. (2022). Adoption of digital technologies for micro and small business in Indonesia. Finance Research Letters, Article in Press.
- Wiwoho, J., Saputro, N., Pamungkas, P., Trinugroho, I., Ariefianto, M.D., Goestjahjantie, F.S. (2021). Rural bank and regional economic development: Evidence from Indonesia. International Journal of Business and Society, Vol. 22, No. 3.
- Tye, G.L., Law, S.H., Trinugroho, I. (2022). Do oil price fluctuations affect the inflation rate in Indonesia asymmetrically? Singapore Economic Review, 67(4), 1333–1353.
- Risfandy, T., Tarazi, A., Trinugroho, I. (2022). Competition in dual markets: Implications for banking system stability. Global Finance Journal, Volume 52, 100579.
- Chia, P.S., Law, S.H., Trinugroho, I., Wiwoho, J., Damayanti, S.M., Sergi, B.S. (2022). Dynamic linkages among transparency, income inequality and economic growth in developing countries: Evidence from panel vector autoregressive (PVAR) model. Research in International Business and Finance, 60, 101599.
- Trinugroho, I., Risfandy, T., Hanafi, M.M., RadityaSukmana (2022). Busy commissioners and firm performance: Evidence from Indonesia. International Journal of Emerging Markets.
- Trinugroho, I., Law, S.H., Lee, W.C., Wiwoho, J. (2021). Effect of financial development on innovation: Roles of market institutions. Economic Modelling, 103.
- Trinugroho, I., Santoso, W., Irawanto, R., Pamungkas, P. (2021). Is spin-off policy an effective way to improve performance of Islamic banks? Research in International Business and Finance, 56.
- Ariefianto, M.D., Trinugroho, I., Lau, E., Sergi, B.S. (2021). Banks liquidity management dynamics: Evidence from Indonesia. International Journal of Emerging Markets.
- Achsanta, A.F., Risfandy, T., Pamungkas, P., Trinugroho, I. (2021). Related bank deposits: Good or bad for stability? Eurasian Economic Review.
- Saputro, N., Nugroho, A.A., Trinugroho, I. (2021). Financial technology and bank risk: A cross-country study. International Symposia in Economic Theory and Econometrics, 28.
- Syakir, M.F., Risfandy, T., Trinugroho, I. (2021). CEOs social capital and performance of zakat institutions: Cross-country evidence. Journal of Behavioral and Experimental Finance, 31.
- Trinugroho, I., Pamungkas, P., Tarazi, M.D.A.a.A. (2020). Deposit structure, market discipline, and ownership type: Evidence from Indonesia. Economic Systems, Vol. 44.
- Trinugroho, I., Ariefianto, M.D., Abdurachman, R.W.a.E. (2020). The effect of competition and capacity on intermediation cost: A cross-country study. International Journal of Economics and Management.
- Law, S.H., Lau, W.T., M, a.N.N.A., Trinugroho, I. (2020). Can innovation improve income inequality? Evidence from panel data. Economic Systems.
- Soedarmono, W., Sobarsyah, M., Yudhi, W.S.A., Trinugroho, I., Warokka, A., Pramono, a.S.E. (2020). Loan growth, capitalization, and credit risk in Islamic banking. International Economics, Vol. 163.
- Degl’Innocenti, M., Fiordelisi, F., Trinugroho, I. (2020). Competition and stability in the credit industry: Banking vs. factoring industries. British Accounting Review, Vol. 52.
- Alamsyah, H., Ariefianto, M.D., Saheruddin, H., Wardono, S., Trinugroho, I. (2020). Depositors’ trust: Some empirical evidence from Indonesia. Research in International Business and Finance, Vol. 54.
- Trinugroho, I., Risfandy, T., Harahap, B., Hakim, A.R., Nugroho, S.a.L.I. (2020). Equity financing at Islamic banks: Do competition and bank fundamentals matter? Emerging Markets Finance and Trade.
- Santoso, W., Trinugroho, I., Risfandy, T. (2020). What determines loan rate and default status in financial technology online direct lending? Evidence from Indonesia. Emerging Markets Finance and Trade.
- Trinugroho, I., Law, S.H., Setiawan, D., Prabowo, M.A. (2020). Introduction to symposium: Recent development in finance and banking in emerging market. Emerging Markets Finance and Trade, Vol. 56.
- Setiawan, D., Phua, L.K., Chee, H.K., Trinugroho, I. (2020). The effect of audit committee characteristics on earnings management: The case of Indonesia. Afro-Asian Journal of Accounting and Finance, Vol. 10.
