Powell Gian Hartono

Powell Gian Hartono, S.M., M.M., R.S.A.

Joined:

2024

Major:

Management

Academic rank:

Assistant Professor

Powell Gian Hartono, S.M., M.M., RSA^® is a Faculty Member at Universitas Ciputra. Powell joined the university in 2024 and is currently a part of the Department of Management, Ciputra School of Business Makassar. He is a scholar in Finance. His formal education includes a Undergraduate degree in Management with a concentration in Finance, and a Master's degree in Management with a concentration in Finance. He is currently pursuing a doctoral degree in Economics with a focus on Finance (by research program) at Universitas Diponegoro, with research concentrating on Capital Markets and Investment. Additionally, he holds a certification in capital markets as a Reguler Securities Analyst® (Analis Efek Madya) from Lembaga Sertifikasi Profesi Pasar Modal (LSPPM) under the Badan Nasional Sertifikasi Profesi Republik Indonesia (BNSP-RI).

In his teaching experience, he has instructed courses such as Financial Management, Investment and Risk Management, Business Statistics, Multivariate Analysis, Economic and Business Mathematics, Business Feasibility Studies, Journal Reading, and Economics for Business. He has also contributed to the writing of the textbook "Matematika Keuangan" alongside several professors and lecturers from various universities in Indonesia. His research interests include Corporate Finance, Investment, Business Management, Financial Econometrics, and Higher Education.

Hartono has published collaborative research papers in accredited national journals and reputable international journals, working with professors, lecturers, and scholars from various public and private universities in Indonesia, also Indonesian Government Institution, such as Universitas Hasanuddin, Universitas Kristen Satya Wacana, Universitas Indonesia, Politeknik Maritim AMI Makassar, Universitas Trisakti, Universitas Islam Negeri Alauddin Makassar, Universitas Katolik Atma Jaya, Universitas Udayana, Universitas Jakarta International, Universitas Ciputra, and Indonesian Ministry of Finance, as well as several overseas institutions, such as the University of Melbourne (Australia) and Goldsmiths, University of London (United Kingdom). He is a member of editorial boards and a reviewer for several journals, including accredited national journals and reputable international journals indexed in Scopus and Web of Science. Some of these journals include Digital Ekonomi, International Journal of Digital Entrepreneurship and Business, Indonesian Management and Accounting Journal, Jurnal Manajemen dan Pemasaran Jasa, Scientific Papers of the University of Pardubice, Series D: Faculty of Economics and Administration, and others.

Author Pages

ORCiD	https://orcid.org/0000-0001-9568-1619
Publons	https://publons.com/researcher/AAD-9483-2022
Google Scholar	https://scholar.google.co.id/citations?user=atn4618AAAAJ
Scopus	https://www.scopus.com/authid/detail.uri?authorId=57433614300
SINTA	https://sinta.kemdikbud.go.id/authors/profile/6845949

Expertise

• Investment
• Higher Education
• Financial Econometrics
• Business Management
• Corporate Finance

International Journal indexed by Scopus/WoS

• Revisiting dividend policy in Indonesian green investment firms and associated market reaction: an in-depth analysis over crises period. Cogent Business and Management (2025)
• Exploring the team-assisted individualization cooperative learning to enhance mathematical problem solving, communication and self-proficiency in teaching non-parametric statistics. Cogent Education (2024)
• Revisiting Dividend Policy and Stock Market Reaction of Indonesian Manufacturing Enterprises amidst the COVID-19 Crisis: A Series of Robustness Checks. Scientific Papers of the University of Pardubice, Series D: Faculty of Economics and Administration (2024)
• Team-Assisted Individualization Type of the Cooperative Learning Model for Improving Mathematical Problem Solving, Communication, and Self-Proficiency: Evidence from Operations Research Teaching. Education Sciences (2022)
• The COVID-19 Pandemic Impact on Corporate Dividend Policy of Sustainable and Responsible Investment in Indonesia: Static and Dynamic Panel Data Model Comparison. Sustainability (2022)
• The Effect of COVID-19 Pandemic on Corporate Dividend Policy in Indonesia: The Static and Dynamic Panel Data Approaches. Economies (2022)

International Journal

• Factors affecting the inconsistency of dividend policy using dynamic panel data model. Springer Nature Business & Economics (2023)

National Journal indexed by Sinta

• The profitability of Indonesian infrastructure companies amid COVID-19: Quantile regression for stability testing. Jurnal Ekonomi & Studi Pembangunan (2025)
• Faktor-Faktor Penentu Peluang Inovasi: Studi Empiris untuk UMKM di Jakarta. Value: Jurnal Manajemen dan Akuntansi (2024)
• Financial Self-Efficacy and Financial Well-Being: Insights from Western Java University Students. Jurnal PROAKSI (2024)
• Social Media Utilization dan Customer Orientation sebagai Prediktor Innovation Opportunity: Studi Empiris untuk UMKM di Jakarta. Value : Jurnal Manajemen dan Akuntansi (2024)
• The Influence of Gross Regional Domestic Product Per Capita and Foreign Direct Investment on Income Inequality: An Empirical Study of 34 Provinces in Indonesia. Journal of Economics Research and Social Sciences (2024)
• Mengeksplorasi Hubungan Kualitas Jasa dan Kepuasan Siswa Program Pre-University selama Pandemi COVID-19. Value: Jurnal Akuntansi dan Manajemen (2023)
• COVID-19, Profitability, and Dividend Policy: A Robustness Test for Mediation Model using Covariance-Based SEM. International Journal of Digital Entrepreneurship and Business (2023)
• COVID-19 Pandemic, Dividend Policy, and Stock Market Reaction: Evidence from the Manufacturing Companies in Indonesia. Jurnal Keuangan dan Perbankan (2022)
• The determinants of dividend policy: an empirical study of inconsistent distribution of dividends using balanced panel data analysis. Media Ekonomi dan Manajemen (2021)
• Likuiditas sebagai Prediktor Profitabilitas: Sebuah Studi Empiris pada Perusahaan Sektor Industri Manufaktur. DERIVATIF: Jurnal Manajemen (2020)
• The Determinants of dividend policy of real estate, property, and building construction companies listed in IDX with unbalanced panel data approach. The International Journal of Applied Business (TIJAB) (2020)

National Journal

• Perencanaan Keuangan Jangka Pendek Untuk Menentukan KebutuhanKas Pada UMKM. Dirkantara Indonesia Jurnal Pengabdian Kepada Masyarakat (2024)
• Workshop Pembuatan Business Plan Ditinjau Dari Aspek Keuangan Bagi Calon Wirausaha Muda. Intervensi Komunitas (2021)

International Proceeding indexed by Scopus/WoS, IEEE Explore

• Factors affecting stock price of maritime companies in Indonesia. AIP Conference Proceedings (2023)
• The accuracy of the time-invariant fuzzy method in forecasting the number of ship passengers at the port of Makassar. AIP Conference Proceedings (2023)

International Proceeding

• The Quality of Corporate Governance and Its Effect on Sharia Bank Financial Performance in Indonesia. Advances in Economics, Business and Management Research (2024)
• E-Learning Based Mathematics Learning Media: An Empirical Study on Operations Research in the COVID-19 Pandemic in Makassar City of Indonesia. Advances in Social Science, Education and Humanities Research (2021)
• Overcoming Overdispersion on Direct Mathematics Learning Model Using the Quasi Poisson Regression. Advances in Social Science, Education and Humanities Research (2021)
• Determinants of Maritime Companies’ Financial Performance in Contributing to the Indonesia Maritime Human Resource Development. 4 th ICMET PROCEEDING (2020)

National Proceeding

• Memperkuat Kewirausahaan: Pengaruh Persepsi Kemampuan dan Ketakutan Akan Kegagalan Berdasarkan Laporan GEM 2023/2024. Prosiding Seminar Nasional FMI Manado 2024 (2024)

Formal Educations

Year	Level	School/Institution/University
2016	S1	Universitas Trisakti
2020	S2	Universitas Kristen Satya Wacana