• About UGM
  • SIMASTER
  • SINTESIS
  • Public Information
  • SDGs
  • English
    • Bahasa Indonesia
    • English
Universitas Gadjah Mada Universitas Gadjah Mada
Faculty of Economics and Business
  •  About Us
    • Overview
    • History of The Establishment
    • Mission & Vission
    • School Values
    • School Leadership
    • Senate Leadership
    • Department Leadership
    • Study Program Leadership
    • Unit Leadership
    • Faculty Advisory Board
    • Annual Report
    • Campus Facilities
    • Visual Identity
    • News Room
    • The 70th Anniversary
  • Academic Programs
    • Undergraduate Program
    • Master Program
    • Doctoral Program
    • Profession Program
    • Short Academic Programs
    • Professional Programs & Certification
    • International Undergraduate Program
    • International Doctorate in Business (IDB)
    • Academic Calendar
    • Rooms and Events
  • Faculty & Research
    • School Memberships
    • School Accreditation
    • International Networks
    • Faculty Members
    • Visiting Professor & Research Fellows
    • Professional Staffs
    • Publications
    • Published Journals
    • Working Papers
    • Fields of Study
    • Supporting Units
    • International Conference Partnership
    • Call for Papers
    • Community Service
    • Faculty Library
  • Admission
  • Home
  • News

Inauguration of Professor Dr. R. Agus Sartono, MBA.

  • News
  • 20 January 2020, 14.33
  • By : Admin
Agus Sartono

Monday (1/20), Prof. rer.soc. R. Agus Sartono was officially inaugurated as Professor of the Faculty of Economics and Business Universitas Gadjah Mada (FEB UGM), at the Senate Hall of the Universitas Gadjah Mada. Agus Sartono was determined to become a Professor after taking his Bachelor of Management education at FEB UGM, master’s education at the School of Business, Western Carolina University, United States, and doctoral education at Innsbruck Innsbruck Social Sciences and Economic, Austria.

The event was also attended by Puan Maharani as the Chairperson of the House of Representative of Republic Indonesia and as a Coordinating Minister for PMK for 2014-2019, Prof. Dr. Muhadjir Effendy as Coordinating Minister for PMK 2019-present, and Dr. Agung Laksono as Watimpres/Menko Kesra for 2009-2014.

In this event, Agus Sartono delivered his inaugural speech entitled “Asymmetric Information, Public Policy Acceptability, and Asset Valuation”. He began his speech by giving a description of asymmetric information.

“Asymmetric information is a strategic phenomenon and has a wide impact on everyday life,” he said. He said that there had been a change in investment decisions in the current information age, namely the value driver that had shifted from real assets to intangible assets.

“I see the growth of company’s and its value will increasingly and determined by the size of intangible assets, while real assets such as factories, machinery or inventories are only enablers,” he said.

Agus Hartono also concluded that the company’s value is determined by smart ideas and their implementation. Thus, asymmetric information will influence the success of public policies, cause social ineffectiveness, cause moral hazard and adverse selection, market failure, asset values ​​do not reflect true value, and have the potential to cause rent hunters.

“There is always room to continue to test the assumption that the market is always said to be informationally efficient,” he added. Agus Hartono emphasized that he also agreed with the developing of models, collecting, and analysing of the information. According to him, it is very important to prevent the occurrence of the behavior of anut grubyuk or herding which will only be exploited by other parties.

Source: Sony Budiarso & Leila Chanifah Zuhri

Views: 191

Related Posts

Apia Dewi Agustin

The Story of Apia, PMDSU Scholarship Recipient and Best Graduate of the Master of Science in Accounting FEB UGM

Graduation Friday, 25 July 2025

Do you still remember Apia Dewi Agustin? Her name once captured the public’s attention with her inspiring story. This young woman from a remote village in Magetan Regency, East Java, successfully pursued her undergraduate degree and then continued her Master’s and Doctoral studies at the Faculty of Economics and Business, Universitas Gadjah Mada (FEB UGM), free of charge, thanks to her academic achievements.

Now, Apia has once again made her alma mater proud.

Primastuti Indah Suryani

Optimizing Social Media to Boost MSME Visibility

News Friday, 25 July 2025

Building a brand and reaching consumers no longer rely solely on conventional promotions. Social media has become a primary channel for shaping a business’s image.

Field Trip GSW 2025

GSW 2025 Invites International Students to Explore Industry and Art in Yogyakarta

News Friday, 25 July 2025

The clinking sound of metal echoes through a silver craft workshop in Kotagede, Yogyakarta. Skilled hands carefully hammer sheets of silver on a steel anvil.

Andar Danova L Goeltom

Green Jobs and Green Curriculum, the Key to Indonesia’s Tourism Future

News Thursday, 24 July 2025

Significant changes are taking place in the global tourism industry. Today’s travellers, especially younger generations and international tourists, are increasingly concerned about the environmental impact of their travel activities.

Latest News

  • The Story of Apia, PMDSU Scholarship Recipient and Best Graduate of the Master of Science in Accounting FEB UGM
    July 25, 2025
  • Optimizing Social Media to Boost MSME Visibility
    July 25, 2025
  • GSW 2025 Invites International Students to Explore Industry and Art in Yogyakarta
    July 25, 2025
  • Green Jobs and Green Curriculum, the Key to Indonesia’s Tourism Future
    July 24, 2025
  • Unemployment Rate Declines, FEB UGM Lecturer Says Decent Work Remains a Challenge
    July 24, 2025

Related Article

  • The Story of Apia, PMDSU Scholarship Recipient and Best Graduate of the Master of Science in Accounting FEB UGM
    July 25, 2025
  • Optimizing Social Media to Boost MSME Visibility
    July 25, 2025
  • GSW 2025 Invites International Students to Explore Industry and Art in Yogyakarta
    July 25, 2025
  • Green Jobs and Green Curriculum, the Key to Indonesia’s Tourism Future
    July 24, 2025
  • Unemployment Rate Declines, FEB UGM Lecturer Says Decent Work Remains a Challenge
    July 24, 2025
Universitas Gadjah Mada

Universitas Gadjah Mada
Faculty of Economics and Business

Jln. Sosio Humaniora No.1, Bulaksumur, Yogyakarta, Indonesia 55281

Map & Direction
More Contact Information

Department

  • Accounting
  • Economics
  • Management

Faculty Directory

  • Public Information
  • Room Management
  • Asset Management
  • Cemetery Management

Alumni

  • Alumni Community
  • Alumni Services
  • Tracer Study
  • Jobs & Internships
  • Scholarships

Social Media

© 2025 Faculty of Economics and Business UGM

DisclaimerSite Map

💬 Need help?
1
FEB UGM Official WhatsApp
Hello 👋
Can we help you?
Open chat