Yogyakarta, March 25th, 2022
The Master of Science and Doctoral Program (MD) FEB UGM has held an open examination for doctoral promotion in Accounting Science for Ph.D. candidate Riki Martusa. Rusdi Akbar, M.Sc., Ph.D., CMA., Ak., CA., Head of the Accounting Doctoral Program, acted as Chair of the Session. In the Open Examination, presented Prof. Indra Wijaya Kusuma, M.B.A., Ph.D. as the promoter and Dr. Ratna Nurhayati, S.E., M.Com., Ph.D. also Singgih Wijayana, S.E., M.Comm., Ph.D. as co-promoter. In addition, the assessment team was also present which included Zuni Barokah, M.Comm., Ph.D., Dian Kartika Rahajeng, M.Sc., Ph.D., and Choirunnisa Arifa, M.Sc., Ph.D. The team of examiners in this trial was Prof. Suwardjono, M.Sc., Ph.D. and Dr. Ratna Candra Sari, M.Sc. Also attending were the families of the doctoral candidates, working relatives from Universitas Kristen Maranatha, and guests.
The open doctoral promotion examination was opened by the chairman of the session and then given chances to the promoter, co-promoter, assessment team, and examiner team to ask questions related to the dissertation that has been done. The Ph.D. candidate was able to answer questions well and fluently and defended the arguments for his dissertation entitled “The Effect of Sustainability Performance on Cost Stickiness: A Study on Public Companies in the Indonesian Capital Market,” so that he successfully graduated with the predicate “very satisfying.”
For information, Dr. Riki Martusa examined the sustainability performance of public companies in the Indonesian capital market. The choice of research topic was based on the Indonesian Government’s policy of encouraging companies to reduce greenhouse gas emissions, that followed up by the OJK (Financial Services Authority) by issuing sustainable finance for public companies in Indonesia. This sustainable finance is part of the SDGs and G20 programs. Managers at companies in Indonesia will invest in environmental, social, and governance. This policy will increase the omitted resources so that when sales decline, it will not cut overall costs but cover unused resources related to environmental, social, and governance.
This lecturer at Universitas Kristen Maranatha officially holds the 5458th doctoral degree who passed the examination at Universitas Gadjah Mada and the 314th who passed the exam at FEB UGM. Prof. Indra Wijaya Kusuma, M.B.A., Ph.D., as the promoter, congratulated Dr. Riki and stated that his graduation from this doctoral program was the beginning of his struggle at a higher level. Congratulations on serving back in the institution and keep contributing to the institution and alma mater. Hopefully, the knowledge obtained is useful for the development of science, society, and this nation. He ordered that Dr. Riki still maintains the good name of the alma mater and always maintain communication. (Y)