Doctor - Doctoral Program in Management, Padjadjaran University.
10
Scopus Publications
229
Scholar Citations
8
Scholar h-index
5
Scholar i10-index
Scopus Publications
Technology-Driven Productivity Gaps in Indonesian Textile Manufacturing: A Big Data Analytics Approach Using DEA-Malmquist Index Muhammad Febry Karyaningadi, Fajra Octrina, Yuhana Astuti Proceeding Isiber 2026 International Seminar on Intelligent Business and Edge Computing Research, 2026 As businesses increasingly rely on rigorous data analytics to guide strategic choices, sophisticated measurement methodologies have become critical tools for assessing manufacturing sector competitiveness. This research utilizes productivity assessment techniques combining Data Envelopment Analysis with Malmquist Productivity Index calculations to generate comprehensive performance evaluations for Indonesian textile manufacturing enterprises. Through systematic examination of twelve stock-listed textile companies over the 2014-2024 period, the study measures aggregate productivity changes while separating efficiency improvements from technological advancements. Results demonstrate striking performance disparities: top-tier firms registered 28.8% annual productivity gains, while bottom-tier companies suffered 37.7% annual declines. Component analysis establishes that technological progress-not efficiency enhancement-constitutes the decisive factor distinguishing successful from struggling manufacturers. The research employs quadrant analysis to categorize enterprises into four performance groups. Such data-driven findings provide significant guidance for both industrial policy formulation and firm-level strategic management, establishing that technology-focused analytics deliver practical recommendations for elevating manufacturing competitiveness in developing economic contexts.
Financial Performance Fajra Octrina International Encyclopedia of Business Management, 2025
Cost and Productivity Change in Asset and Profit-Oriented Indonesian Banks in the Digital Finance Era Cici Siti Barkah, Fajra Octrina 2025 International Conference on Data Science and Its Applications Icodsa 2025, 2025 This paper investigates the productivity dynamics of 41 conventional banks listed on the Indonesia Stock Exchange from 2018 to 2023 using the non-parametric Malmquist Productivity Index (MPI). Two key indicators, such as Total Factor Productivity Change (TFPCH) and Cost Malmquist Productivity Change (CMPCH), are evaluated under both asset-oriented and profit-oriented approaches. The results show that TFPCH growth is primarily driven by technological progress, while improvements in technical and scale efficiency remain limited. In contrast, CMPCH reveals a slight decline in cost productivity, primarily attributed to weak cost technology gains and rising operational expenses resulting from the development of digital infrastructure and the need for skilled labor. The profit-oriented model also highlights banks’ vulnerability to external shocks. This is among the first studies to apply a dual-oriented MPI framework in analyzing productivity trends in the post-regulatory reform digitalization of Indonesian banks. The partial recovery of CMPCH in 2021 and 2023 aligns with the implementation of Indonesia’s Digital Banking Framework by the Financial Services Authority (OJK), underscoring the role of regulatory support in enabling cost-efficiency gains. The findings suggest that while digital transformation has expanded the production frontier, it has yet to generate consistent cost improvements. To achieve sustainable productivity growth, banks must complement technology adoption with improved cost management, operational efficiency, and alignment with policy initiatives. These insights offer practical implications for shaping digital financial sector strategies in developing countries undergoing similar transitions, emphasizing the need for integrated technological and institutional approaches.
Productivity Analysis of Listed Islamic Banks in QISMUT Countries: A Malmquist Index Approach Salsabila Ayuri, Fajra Octrina 2025 International Conference on Data Science and Its Applications Icodsa 2025, 2025 Global Islamic banking is driven by the QISMUT countries (Qatar, Indonesia, Saudi Arabia, Malaysia, the United Arab Emirates, and Turkey), which have large Muslim populations and strong Islamic banking assets. This cross-country study compares the productivity of Islamic banks listed on QISMUT stock exchanges. Cross-country productivity analysis using the Malmquist Productivity Index (MPI), an extension of the Data Envelopment Analysis (DEA), remains limited, with most previous studies only analyzing productivity in each country separately. The analysis reveals a slight increase in overall productivity (TFPCH = 1.001), with gains mainly driven by efficiency gains (EFFCH = 1.017), while technological change (TECHCH = 0.985) lags, indicating the need for stronger adoption of innovation. The findings emphasize that productivity growth among these banks is mainly driven by efficiency gains, with limited technological progress. Therefore, Islamic banks in QISMUT countries should not only focus on improving operational efficiency but also adopt policies such as Al Rajhi Bank’s approach, which has achieved remarkable productivity growth. Al Rajhi Bank’s commitment to sustainability through the integration of Environmental, Social and Governance (ESG), along with its "Bank of the Future" (BOTF) initiative, which combines agile methodologies, robotics and data-driven insights, has simplified operations, expanded its digital footprint and enhanced operational service performance. Al Rajhi Bank offers a valuable model for other banks seeking to improve their productivity, competitiveness and long-term sustainability.
Clustering of Medical Hospitals Listed on the Stock Exchange in Indonesia and Malaysia Based on Efficiency Performance Using Data Envelopment Analysis and Cluster Analysis M Agis Maulana, Nora Amelda Rizal, Fajra Octrina, Almi Jamilah 2024 International Conference on Intelligent Cybernetics Technology and Applications Icicyta 2024, 2024 Measuring the efficiency performance of hospitals listed on the stock exchange is very important to determine how efficiently hospitals utilize available resources. The high population in Indonesia and Malaysia creates opportunities for hospitals to compete for large market segments by showing their best performance, resulting in intense competition between hospitals. This study employs Data Envelopment Analysis (DEA) using a multi-stage input-oriented method to measure the efficiency of six hospitals listed on the stock exchanges in Indonesia and Malaysia from 2018 to 2023. The variables include four inputs (hospital beds, hospital staff, number of hospitals, and operating expenses) and two outputs (outpatient visits and inpatient). The results show variations in efficiency scores. HEAL and KPJH consistently achieved maximum efficiency scores, indicating the best performance. On the other hand, SAME and TDMS showed lower efficiency, highlighting areas needing improvement. Cluster Analysis using K-Means grouped the hospitals into two clusters based on performance. Cluster 0 includes hospitals with higher efficiency, namely SILO, MIKA, HEAL, and KPJH. Meanwhile, Cluster 1 consists of SAME and TDMS, indicating the need for strategic improvements. This study provides insights into the performance of hospitals listed on the stock exchanges in Indonesia and Malaysia, aiding policymakers and hospital management in optimizing resource management.
Malmquist index productivity of Indonesian Bank: Based on commercial bank business group International Journal of Recent Technology and Engineering, 2019
RECENT SCHOLAR PUBLICATIONS
Technology-Driven Productivity Gaps in Indonesian Textile Manufacturing: A Big Data Analytics Approach Using DEA-Malmquist Index MF Karyaningadi, F Octrina, Y Astuti 2026 International Seminar on Intelligent Business and Edge-Computing … , 2026 2026
Productivity in Banking Industry F Octrina International Encyclopedia of Business Management 1, 425–429 , 2026 2026 Citations: 2
Financial Performance F Octrina International Encyclopedia of Business Management 1, 399–406 , 2026 2026
Efficiency Approach in Banking Industry F Octrina International Encyclopedia of Business Management 1, 386–391 , 2026 2026 Citations: 1
Productivity Analysis of Listed Islamic Banks in QISMUT Countries: A Malmquist Index Approach S Ayuri, F Octrina 2025 International Conference on Data Science and Its Applications (ICoDSA … , 2025 2025 Citations: 1
Cost and Productivity Change in Asset and Profit-Oriented Indonesian Banks in the Digital Finance Era CS Barkah, F Octrina 2025 International Conference on Data Science and Its Applications (ICoDSA … , 2025 2025 Citations: 1
An analysis of bank productivity in Indonesia: The impact of P2P lending and digital payments using the Malmquist Productivity Index F Octrina, J Eliza, A Jamilah, AS Dewi Jurnal Perspektif Pembiayaan dan Pembangunan Daerah 13 (1), 58-77 , 2025 2025 Citations: 1
Edukasi dan Aksi: Program Pengelolaan Sampah untuk Lingkungan Pesantren dalam Peningkatan Ekonomi Sirkular WA Inawati, RS Saraswati, T Widarmanti, F Octrina Jurnal Atma Inovasia 5 (2), 147-151 , 2025 2025 Citations: 2
Clustering of medical hospitals listed on the stock exchange in Indonesia and Malaysia based on efficiency performance using data envelopment analysis and cluster analysis MA Maulana, NA Rizal, F Octrina, A Jamilah 2024 International Conference on Intelligent Cybernetics Technology … , 2024 2024 Citations: 1
Bank Efficiency in Indonesia: An Analysis through Data Envelopment Analysis (DEA) Approach. AGS Mariam, TP Purba, F Octrina Dinasti International Journal of Education Management & Social Science 6 (2) , 2024 2024 Citations: 2
The Impact of Non-Performing Loan on Credit Distribution in Conventional Commercial Banks at State-Owned Enterprises 2016-2023 N Sukma, F Octrina Proceedings SCBTII, 426-434 , 2024 2024
Driving bank efficiency with corporate social F Octrina¹, AF Hanif Proceedings of the International Conference on Sustainable Collaboration in … , 2024 2024 Citations: 4
Application of financial technology on the performance of banks F Octrina, J Eliza, AS Dewi, A Jamilah Proceedings of the International Conference on Sustainable Collaboration in … , 2024 2024 Citations: 1
Analysis of mobile banking usage and other factors on banking productivity in Indonesia using the Malmquist Productivity Index (MPI) approach YM Marpaung, F Octrina Journal of Accounting and Finance Management 5 (4), 842-854 , 2024 2024 Citations: 3
Productivity comparison between conventional and Islamic commercial banks in Indonesia during the COVID-19 pandemic F Octrina, A Jamilah International Journal of Islamic Economics and Finance (IJIEF) 7 (1), 1-26 , 2024 2024 Citations: 5
Refleksi Diri Dalam Mengajar: Mengembangkan Kesadaran dan Pertumbuhan Profesional F Octrina, AS Dewi, K Khairunnisa JMM (Jurnal Masyarakat Mandiri) 8 (4), 4159-4170 , 2024 2024 Citations: 2
Sosialisasi literasi keuangan dan investasi bagi gen z F Octrina, NA Rizal, A Krisnawati, R Hendayani JMM (Jurnal Masyarakat Mandiri) 7 (5), 4195-4203 , 2023 2023 Citations: 16
Islamic bank efficiency: an efficiency method with SFA F Octrina, HE Priatmojo Jurnal Perspektif Pembiayaan Dan Pembangunan Daerah 10 (6), 379-394 , 2023 2023 Citations: 9
The mediating role of employee motivation in the relationship between budget participation and budgetary slack F Octrina, M Swastawati MIX: Jurnal Ilmiah Manajemen 13 (3), 726 , 2023 2023 Citations: 2
Sosialisasi Standar Akuntansi Keuangan Bagi Entitas Mikro, Kecil, Dan Menengah. JMM (Jurnal Masyarakat Mandiri), 7 (3), 2908 F Octrina, D Rahmawati, W Priharti, A Rizal, RO Dinata 2023 Citations: 4
MOST CITED SCHOLAR PUBLICATIONS
Islamic Bank Efficiency in Indonesia: Stochastic Frontier Analysis F Octrina, AGS Mariam Journal of Asian Finance, Economics and Business 8 (1) , 2021 2021 Citations: 52
Productivity of Islamic Banking in Indonesia F Octrina, AGS Mariam Jurnal Perspektif Pembiayaan dan Pembangunan Daerah 9 (1), 19-28 , 2021 2021 Citations: 18
Sosialisasi literasi keuangan dan investasi bagi gen z F Octrina, NA Rizal, A Krisnawati, R Hendayani JMM (Jurnal Masyarakat Mandiri) 7 (5), 4195-4203 , 2023 2023 Citations: 16
Measuring Bitcoin Literacy in Indonesia T Hidajat, RS KRISTANTO, F OCTRINA The Journal of Asian Finance, Economics and Business 8 (3), 433-439 , 2021 2021 Citations: 13
Competitiveness of Indonesian Banking Industry Based on Commercial Bank Business Group: Panzar Rosse Model F Octrina, R Setiawati Jurnal Perspektif Pembiayaan dan Pembangunan Daerah 7 (1), 37-48 , 2019 2019 Citations: 10
Islamic bank efficiency: an efficiency method with SFA F Octrina, HE Priatmojo Jurnal Perspektif Pembiayaan Dan Pembangunan Daerah 10 (6), 379-394 , 2023 2023 Citations: 9
Sosialisasi literasi keuangan dan investasi bagi gen z. JMM (Jurnal Masyarakat Mandiri), 7 (5), 4195 F Octrina, NA Rizal, A Krisnawati, R Hendayani 2023 Citations: 8
Struktur Organisasi: Peranan Deskripsi Pekerjaan dalam Mencapai Tujuan di Pondok Pesantren Kabupaten Bandung RS Saraswati, F Octrina, WI Arum JMM (Jurnal Masyarakat Mandiri) 7 (4), 3551 , 2023 2023 Citations: 8
Pelatihan Storynomics Tourism di desa wisata Laksana sebagai upaya pengembangan destinasi wisata D Rahmawati, A Rizal, W Priharti, F Octrina, B Aziz Prosiding COSECANT: Community Service and Engagement Seminar 1 (2) , 2021 2021 Citations: 8
Penguatan Citra Destinasi Melalui Pemasaran Kota, Event Wisata dan Pemasaran Media Sosial A Asnawi, F Octrina, JD Asri Altasia Jurnal Pariwisata Indonesia 2 (1) , 2020 2020 Citations: 8
PENGARUH INTELLECTUAL CAPITAL TERHADAP KINERJA KEUANGAN PERUSAHAAN (Study Pada Bank Syariah di Indonesia Periode 2015-2019) DRV Hazlina, F Octrina Stability: Journal of Management and Business 4 (1), 46-56 , 2021 2021 Citations: 7
Produktivitas Perbankan Indonesia dengan Pendekatan Malmquist Index Productivity F Octrina, R Setiawati, A Asnawi, RK Putri Jurnal Sain Manajemen 2 (1), 45-55 , 2020 2020 Citations: 7
Tata kelola pesantren: Penerapan struktur organisasi entitas berorientasi non laba di pondok pesantren Kabupaten Bandung RS Saraswati, WA Inawati, F Octrina JMM (Jurnal Masyarakat Mandiri) 7 (1), 858 , 2023 2023 Citations: 6
Productivity comparison between conventional and Islamic commercial banks in Indonesia during the COVID-19 pandemic F Octrina, A Jamilah International Journal of Islamic Economics and Finance (IJIEF) 7 (1), 1-26 , 2024 2024 Citations: 5
Pengaruh Tingkat Kesehatan Bank Terhadap Pertumbuhan Laba (Studi Kasus Pada Bank Buku 4 Yang Terdaftar Di Bursa Efek Indonesia Periode 2016-2019). e-Proceeding of Management, 9 … T Ripeba, F Octrina Universitas Telkom , 2022 2022 Citations: 5
Pengaruh Era Digital Terhadap Kinerja Keuangan Perbankan BUMN Periode 2013-2020 DD Dewi, F Octrina E-Proceedings of Management 9 (4), 1773-1780 , 2022 2022 Citations: 5
Malmquist Index Productivity of Indonesian Bank: Based on Commercial Bank Business Group F Octrina, I Primiana, M Anwar, A Herwany, MR Susanto International Journal of Recent Technology and Engineering (IJRTE) 8 (1C2 … , 2019 2019 Citations: 5
Driving bank efficiency with corporate social F Octrina¹, AF Hanif Proceedings of the International Conference on Sustainable Collaboration in … , 2024 2024 Citations: 4
Sosialisasi Standar Akuntansi Keuangan Bagi Entitas Mikro, Kecil, Dan Menengah. JMM (Jurnal Masyarakat Mandiri), 7 (3), 2908 F Octrina, D Rahmawati, W Priharti, A Rizal, RO Dinata 2023 Citations: 4
Analysis of mobile banking usage and other factors on banking productivity in Indonesia using the Malmquist Productivity Index (MPI) approach YM Marpaung, F Octrina Journal of Accounting and Finance Management 5 (4), 842-854 , 2024 2024 Citations: 3
RESEARCH OUTPUTS (PATENTS, SOFTWARE, PUBLICATIONS, PRODUCTS)
