Personal profile
Personal profile
Rahmat Heru Setianto is an Associate Professor at the Faculty of Economics and Business, Universitas Airlangga, Indonesia. He holds a Ph.D. in Financial Economics from the UPM School of Business and Economics.
He serves as Program Director of the Master of Science in Management (MSM) and as Chair of the Airlangga Centre for Financial Innovation and Technology (ACFIT). His research interests include financial markets and institutions, corporate finance, financial economics, sustainable finance, and Islamic banking and finance.
His work has been published in several international journals, including Finance Research Letters, Research in International Business and Finance, and Borsa İstanbul Review.
Expertise related to UN Sustainable Development Goals
In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This person’s work contributes towards the following SDG(s):
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SDG 1 No Poverty -
SDG 7 Affordable and Clean Energy -
SDG 8 Decent Work and Economic Growth -
SDG 9 Industry, Innovation, and Infrastructure -
SDG 10 Reduced Inequalities -
SDG 13 Climate Action -
SDG 17 Partnerships for the Goals
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Collaborations and top research areas from the last five years
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THE IMPACT OF CENTRAL BANK DIGITAL CURRENCIES NEWS ON BANK STABILITY: EVIDENCE FROM ASEAN-5 COUNTRIES
Hidayat, F., Sukmana, R., Masrizal & Setianto, R. H., 2026, In: Buletin Ekonomi Moneter dan Perbankan. 29, 1, p. 21-52 32 p.Research output: Contribution to journal › Article › peer-review
Open Access -
Does financial inclusion affect bank market power? International evidence
Setianto, R. H., Azman-Saini, W. N. W., Law, S. H., Ahmad, A. H. & Mohd Daud, S. N., Nov 2025, In: Finance Research Letters. 85, 108302.Research output: Contribution to journal › Article › peer-review
2 Citations (Scopus) -
Does financial inclusion affect corporate risk-taking?
Setianto, R. H., Azman-Saini, W. N. W. & Law, S. H., Aug 2025, In: Research in International Business and Finance. 80, 103147.Research output: Contribution to journal › Article › peer-review
1 Citation (Scopus) -
Threshold effects of institutional quality on the financial inclusion and stability nexus: International evidence
Setianto, R. H., Azman-Saini, W. N. W. & Law, S. H., Mar 2025, In: Borsa Istanbul Review. 25, 2, p. 388-399 12 p.Research output: Contribution to journal › Article › peer-review
Open Access10 Citations (Scopus) -
Analisis Data Panel: Aplikasi dalam Riset Ekonomi dan Keuangan
Setianto, R. H., 2 May 2024, Jakarta: Mitra Wacana Media. 158 p.Research output: Book/Report › Book › peer-review