Share Price Increases the Opportunity of Indonesian Government Bank to Obtain High Profitability
DOI:
https://doi.org/10.59024/ijellacush.v2i1.728Keywords:
credit risk, capital, cash, profitability, price stockAbstract
This study aims to examine the effect of credit risk with the ratio of Non-Performing Loans (NPL), the level of capital adequacy with the ratio of Capital Abankdequancy ratio (CAR), and cash turnover with Cash Turn Over (CTO), on Profitability to Return On Assets (ROA) with stock prices as a moderating variable at Indonesian state banks for the 2018-2020 period. The population of this study was carried out by state banks using data on profit before tax, average total assets, non-performing loans, total credits, capital, risk-weighted assets, operating profit, average cash and stock price data. The type of data used in this study is secondary data. The data analysis technique in this study is using multiple linear regression analysis. From the results of multiple regression analysis partially, NPL has an insignificant effect on ROA, CAR has a significant effect on ROA, CTO has an insignificant effect on ROA. However, simultaneously all three have a significant effect on ROA. And, share prices strengthen NPL, CAR and CTO against state-run bank ROA.
References
Abdillah, W. A., &; Nurfauzan, M. I. (2022). The Effect of Capital Adequacy, Liquidity, and Credit Risk on the Profitability of Regional Development Banks. Business Innovation and Entrepreneurship Journal, 4(1), 82–90. https://doi.org/10.35899/BIEJ.V4I1.360
Abidi, R., &; Sastradipraja, U. (2023). EFFECT OF LDR, CAR, BOPO AND INFLATION ON NPL. Journal of Economics. http://ejournal.seaninstitute.or.id/index.php/Ekonomi/article/view/1252
Ahmad, S. M. B., Nazariah, N., Yusnidar, C., &; Yanti, E. M. (2023). Analysis of Return on Equity (ROE) and Earnings Per Share (EPS) on Share Prices in the Non-Primary Consumer Goods Sector E512 Hotel, Resort, and Cruise Sub-Sector on the IDX for the 2017-2021 Period. Journal of Management of STIE Muhammadiyah Palopo, 9(2), 303–314. https://doi.org/10.35906/JURMAN.V9I2.1817
ACQUISITION, P., &; ISWARI, M. N. A. (n.d.). FINANCIAL PERFORMANCE AND ABNORMAL STOCK RETURNS. Repository.Ub.Ac.Id. http://repository.ub.ac.id/164126/1/MASTALITA NICHOLE ANDASTIA ISWARI.pdf
Alpisarrin, A., Yasika, R., & ... (2023). ANALYSIS OF THE MERGER OF 3 BANK SYARIAH INDONESIA (BSI) IN IMPROVING FINANCIAL PERFORMANCE AGAINST STOCK PERFORMANCE IN THE CAPITAL MARKET. Ad-Deenar: Journal .... https://jurnal.staialhidayahbogor.ac.id/index.php/ad/article/view/3623
Budiansyah, A. L. (2023). Factors Affecting Banking Financial Performance: LDR, CAR and BOPO. Locus Journal of Research and.... https://locus.rivierapublishing.id/index.php/jl/article/view/1004
Dewantara, R. A. P., &; Firmansyah, A. (2022). Market reaction and financial performance to corporate actions in the form of consolidation of Islamic banking companies in Indonesia. My journal. http://jurnalku.org/index.php/jurnalku/article/view/160
Dewi, T. K., &; Badera, I. D. N. (2016). Market reaction to stock prices before and after the publication of audited financial statements. E-Journal of Accounting. https://ojs.unud.ac.id/index.php/Akuntansi/article/download/14184/11816
Eng, T. S. (2013). Effect of NIM, BOPO, BOPO, LDR, NPL & CAR on ROA of International Banks and National Go Public Period 2007-2011. Journal of Management Dynamics.
Fibriyanti, Y. V, &; Nurcholidah, L. (2020). The effect of CAR, NPL, NIM, BOPO and LDR on the profitability of national private commercial banks. Journal of Socio-Humanities Sciences. https://core.ac.uk/download/pdf/352891352.pdf
gautama Siregar, B. (2021). Analysis of the Implementation of Good Corporate Governance in Improving the Company's Financial Performance. Journal of Economic Research in Accounting .... https://mail.ejurnalunsam.id/index.php/jensi/article/view/3799
Guntara, A., Aida Arifah Tara, N., Wardani, L., Aida Arifaha, N., &; The Effect of Bank Health on Share Prices with, L. (2023). THE EFFECT OF BANK HEALTH ON STOCK PRICES WITH PROFITABILITY AS AN INTERVENING VARIABLE IN BANKING COMPANIES IN 2017-2021. JMM UNRAM - MASTER OF MANAGEMENT JOURNAL, 12(2), 126–140. https://doi.org/10.29303/JMM.V12I2.772
Hakim, F., &; SAMPURNO, R. D. (2013). Analysis of the Effect of NPL, LDR, GCG, NIM, CAR, and BOPO Ratios on Bank Health Level (Empirical Study on Conventional Banks Listed in .... eprints.undip.ac.id. http://eprints.undip.ac.id/41765/1/HAKIM.pdf
Halimah, S. N., &; Komariah, E. (2017). The effect of roa, car, npl, ldr, bopo on the corporate value of commercial banks. Journal of Accounting, Economics and.... https://jurnal.polibatam.ac.id/index.php/JAEMB/article/view/448
Handoko, S. C., &; SUDARNO, S. (2014). ... PUBLIC ACCOUNTING FIRM AND TIMELINESS IN REPORTING FINANCIAL STATEMENTS TO MARKET REACTIONS (Empirical studies on companies .... eprints.undip.ac.id. http://eprints.undip.ac.id/45295/
Aaron, U. (2016a). Influence of Financial Ratios of CAR, LDR, NIM, BOPO, NPL on ROA. Journal of Business and Management Research.
Aaron, U. (2016b). The effect of financial ratios of Car, Ldr, Nim, Bopo, Npl on Roa. Journal of Business and Management Research. https://ejournal.unsrat.ac.id/index.php/jrbm/article/view/12352
Aaron, U. (2016c). The Influence of Car, Ldr, Nim, Bopo, Npl Financial Ratios Against Roa. Journal of Business and Management Research.
Hotpartua, C., &; Paranita, E. S. (2020). Comparative Analysis of the Health Level of State-Owned Banks in Indonesia with RGEC Method. ... Business Innovation and Management Indonesia. https://inobis.org/ojs/index.php/jurnal-inobis/article/view/135
Jasmine, V. J., Asfar, A. H., & ... (2022). THE ROLE OF CAR, BOPO AND NPL ON ROA IN THE CONVENTIONAL BANKING INDUSTRY. National.... http://ncabet.conferences-binabangsa.org/index.php/home/article/view/91
Kurnia, P., Agustia, R., Darlis, E., Supriono, S., & ... (2022). Covid 19 pandemic, financial performance and cumulative abnormal return (CAR). Journal of the Academy .... https://ejournal.umm.ac.id/index.php/jaa/article/view/18998
Lesmana, C. I., Alamsyah, L., & ... (2022). The Effect of Liquidity Ratio and Solvency Ratio to Return on Assets (ROA) that Affects Stock Prices (Case Study on Sharia Commercial Banks.... Kartika: Journal of .... https://lptnunganjuk.com/ojs/index.php/kartika/article/view/13
Made, N., Uthami, I., Warsa, P., &; Ketut Mustanda, I. (2016). THE INFLUENCE OF CAR, LDR AND NPL ON ROA IN THE BANKING SECTOR ON THE INDONESIA STOCK EXCHANGE. 5(5), 2842–2870.
Matindas, A. M., Pangemanan, S. S., & ... (2015). The effect of Capital Adequacy Ratio (Car), Bopo and Non Performing Loan (NPL) on the financial performance of banks in Indonesia. Going Concern: Journal .... https://ejournal.unsrat.ac.id/index.php/gc/article/view/7367
Misnawati, M., Christy, N. A., Isman, I., Anwarsani, A., Nopy, Y., & Salwa, N. (2024). Strategi Sukses untuk Bisnis Pengetikan dan Fotokopi di Era Digital. Maeswara: Jurnal Riset Ilmu Manajemen dan Kewirausahaan, 2(2), 302-314.
Mursyidan, P., &; Hanantijo, D. (2016). The effect of the bank's health level on profit growth. Perbanas Review. http://jurnal.perbanas.id/index.php/JPR/article/view/73/0
Nugrahanti, P., Tanuatmodjo, H., &; Purnamasari, I. (2018). THE EFFECT OF CAPITAL ADEQUACY ON PROFITABILITY IN ISLAMIC COMMERCIAL BANKS. Journal of Business Management Education (JBME), 3(3), 136–144. https://doi.org/10.17509/JBME.V3I3.14317
Nuryuwono, T. R. (2017). The effect of Return on Asset (ROA), Current Ratio (CR) and Net Profit Margin (NPM) on share prices in manufacturing companies listed in.... Journal of Accounting. http://simki.unpkediri.ac.id/mahasiswa/file_artikel/2017/17e24e7459af3186ae53f58800734b93.pdf
Octavia, Y. B., &; Sugiyono, S. (2018). The Effect of ROA, ROE and EPS on Banking Company Share Prices. Journal of Science and Research .... http://jurnalmahasiswa.stiesia.ac.id/index.php/jirm/article/view/1605
Paramita, L. F., &; Wahyuni, D. U. (2019). The influence of Cr, Roa, Ito, and Der on stock prices. Journal of Science and .... http://jurnalmahasiswa.stiesia.ac.id/index.php/jirm/article/view/2219
Prime, E. (2019). The Effect of Intellectual Capital Elements on Stock Prices through ROA as a Mediating Variable in State-Owned Banks. Scientific Journal of Business Economics. https://ejournal.gunadarma.ac.id/index.php/ekbis/article/view/1909
Primary, P. A. (2018). The effect of Nim, Npl, Roa, Ldr, and Bopo on Capital Adequacy Ratio (Car). repository.uinjkt.ac.id. https://repository.uinjkt.ac.id/dspace/handle/123456789/40230
Pratiwi, L., &; Wiagustini, N. L. P. (2015). The effect of car, bopo, npl and ldr on profitability. download.garuda.kemdikbud.go.id. http://download.garuda.kemdikbud.go.id/article.php?article=1370966&val=989&title=PENGARUH CARBOPONPL AND LDR TO PROFITABILITY
Putri, D. A., &; Prijati, P. (2017). The effect of ROA, CAR, NPM, and LDR on commercial bank share prices. Journal of Management Science and Research .... http://jurnalmahasiswa.stiesia.ac.id/index.php/jirm/article/view/294
Sitorus, A. Y., Korompot, N., & Ramadhani, H. (2017). Analysis of company size, capital adequacy, quality of productive assets (KAP), and liquidity on the financial performance of banks listed on the Indonesia Stock Exchange (IDX). Journal of Management Science Mulawarman (JIMM), 2(4). https://doi.org/10.29264/JIMM.V2I4.455
Sofyan, M., &; Purwanto, B. H. (2023). Internal Factors Affecting the NPL of State-Owned Commercial Banks. Ilomata International Journal of Management. https://www.ilomata.org/index.php/ijjm/article/view/737
Suriani, S., &; Rahman, A. (2023). The Effect of Profitability, Auditor Quality, and Market Reaction on the Timeliness of Financial Reporting in Lq 45 Indexed Manufacturing Companies. Mirai Management Journal. https://journal.stieamkop.ac.id/index.php/mirai/article/download/3840/2502
Toisuta, F. A., &; Suwitho, S. (2021). The Effect of ROA, ROE, Inflation, and Exchange Rates on Stock Prices. Journal of Science and Research .... http://jurnalmahasiswa.stiesia.ac.id/index.php/jirm/article/view/3937
Trisnawati, R., &; Puspita, A. E. (2014). analysis of bank health level using RGEC method on state-owned banks listed on the Indonesia Stock Exchange in 2011-2012. repository.uksw.edu. https://repository.uksw.edu/handle/123456789/5806
Utami, N., Hartono, A., &; Ulfa, I. F. (2021). The effect of CAR, NPL, BOPO, LDR, and Return On Asset on profit growth at state-owned banks. ... CAR, NPL, BOPO, LDR, and.... http://eprints.umpo.ac.id/7948/
Utomo, B. S. (2015). Analysis of the Effect of Car, npl, pdn, nim, bopo, ldr, and SBI Interest Rate on Roa. unisbank.ac.id. https://www.unisbank.ac.id/ojs/index.php/sendi_u/article/view/3266/873
Wahyudi, S. (2016). ... NPL and LDR on NIM with ROA as Intervening, NPL Effect on NIM with CAR and ROA as Intervening, and BOPO on NIM.... Diponegoro Journal of Management. https://ejournal3.undip.ac.id/index.php/djom/article/view/17881
Wijaya, B. (2018). Analysis of Bank Health Level Using Risk-Based Bank Rating (RBBR) Method (Study on Banks Including LQ45 Sub Sector Stocks.... Journal of Accounting. http://114.7.153.31/index.php/jam/article/view/931
YP, H. R. (2022). Analysis of the effect of bank health using the CAMEL method on profitability in conventional banks listed on the IDX. ... Journal: Scientific publications in economics and .... https://publish.ojs-indonesia.com/index.php/SINOMIKA/article/view/422
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 International Journal of Education, Language, Literature, Arts, Culture, and Social Humanities
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.