Pengaruh Faktor Keuangan dan Non Keuangan terhadap Financial Sustainability Ratio Perbankan

Suci Nurhikmah, Rida Rahim

Abstract


The design of this study is the design of hypothesis testing. The population of this study includes all private non-foreign exchange national commercial banks for the period 2013-2019. The sample selection technique uses purposive sampling method and research data obtained by 18 banks. The data analysis method used is regression analysis with panel data. The results of this study indicate: Capital Adequacy Ratio (CAR) has negative and insignificant effect, then Non Performing Loans (NPL), Operating Costs to Operating Income (BOPO), Loan to Deposit Ratio (LDR), Inflation, and Company Size (Size) insignificant positive effect. While Return on Assets (ROA) is the only variable that has a positive and significant influence on the financial sustainability ratio (FSR). The adjusted R square value of 0.236, shows that the Financial Sustainability Ratio (FSR) is influenced by Loan to Deposit Ratio (LDR), Non Performing Loans (NPL), Return On Assets (ROA), Operating Costs to Operating Income (BOPO), Capital Adequacy Ratio (CAR), Inflation, and Company Size (Size) of 23.6%, while the remaining 76.3% is influenced by other factors not examined in this study. The results of this study can be used to carry out further research, and add insight into banking knowledge, particularly in banking financial performance. So that investors/customers can more easily make decisions with the information on the  financial performance of the company concered.


Keywords


CAMEL, Inflasi, Size, and FSR

References


Abdillah, S. Y., Susilawati, R. A. E., & Purwanto, N. (2015). Pengaruh Good Corporate Governance Pada Manajemen Laba. Journal Riset Mahasiswa Akuntansi (JRMA), 4(1), 1–14.

Agustiningrum, R. (2013). Analisis Pengaruh CAR, NPL, Dan LDR Terhadap Profitabilitas Pada Perusahaan Perbankan. E-Jurnal Manajemen Universitas Udayana, 2(8), 885–902.

Almadany, K. (2012). Pengaruh Loan To Deposit Ratio, Biaya Operasional Per Pendapatan Operasional Dan Net Interest Margin Terhadap Profitabilitas Perusahaan Perbankan Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Riset Akuntansi Dan Bisnis, 12(2), September 2012.

Ambarawati, I. G. A. D., & Abundanti, N. (2018). Pengaruh Capital Adequacy Ratio, Non Performing Loan, Loan To Deposit Ratio Terhadap Return On Aseet. E-Jurnal Manajemen Universitas Udayana, 7(5), 2410–2441. https://doi.org/10.24843/ejmunud.2018.v07.i05.p04

Ardhi, H. S., Hasan, H. A., Efni, Y., Rokhmawati, A., & Gusnardi. (2017). The Influence of Macro Economy and Financial Performance on Stock Return in Automotive Industry in Indonesia Stock Exchange (The Study on Automotive Sector Companies in Indonesia Stock Exchange). Jurnal Akuntansi, Kewirausahaan, Dan Bisnis (KURS), 2(1).

Peraturan Bank Indonesia Nomor: 6/10/PBI/2004 Tentang Sistem Penilaian Tingkat Kesehatan Bank Umum, Peraturan Bank Indonesia (2004).

Beccalli, E., Anolli, M., & Borello, G. (2015). Are European banks too big? Evidence on economies of scale. Journal of Banking and Finance, 58, 232–246. https://doi.org/10.1016/j.jbankfin.2015.04.014

Cahyani, Y. T. (2018). Pengaruh Inflasi, Suku Bunga (BI Rate), Produk Domestik Bruto (PDB) Terhadap ROA (Studi Pada Bank Pembiayaan Rakyat Syariah (BPRS) di Indonesia Tahun 2009-2016). IQTISHADIA: Jurnal Ekonomi & Perbankan Syariah, 5(1). https://doi.org/10.19105/iqtishadia.v5i1.1695

Chortareas, G. E., Girardone, C., & Ventouri, A. (2013). Financial freedom and bank efficiency: Evidence from the European Union. Journal of Banking and Finance, 37, 1223–1231. https://doi.org/10.1016/j.jbankfin.2012.11.015

Elbannan, M. A., & Elbannan, M. A. (2014). Do Corporate Governance Disclosures Matter for Bank Cost of Capital? Empirical Evidence from Accounting Statements of Egyptian Banks. Accounting and Finance Research, 4(1), 59–77. https://doi.org/10.5430/afr.v4n1p59

Fitriani, A. (2013). Pengaruh Kinerja Lingkungan dan Biaya Lingkungan terhadap Kinerja Keuangan pada BUMN. Jurnal Ilmu Manajemen (JIM), 1(1), 137–148.

Fuad Bawazier. (2015). Pelemahan Nilai Tukar Rupiah terhadap Dollar AS. Liputan6. https://www.liputan6.com/bisnis/read/2302808/selain-dolar-as-euro-dan-yuan-harus-jadi-mata-uang-internasional.

Halim, H. A., & Christiawan, Y. J. (2019). Pengaruh Penerapan Corporate Governance Terhadap Nilai Perusahaan Dengan Kinerja Keuangan Sebagai Variabel Mediasi. Diponegoro Journal of Accounting, 8(4), 181–192.

Husni, T., Rahim, R., & Aprayuda, R. (2019). Cash Compensation, Corporate Governance, Ownership, and Dividend Policy on Banking Performance. Advances in Economics, Business and Management Research, 132, 212–214. https://doi.org/10.2991/aebmr.k.200331.046

Hutagalung, E. N., Djumahir, & Ratnawati, K. (2013). Analisa Rasio Keuangan terhadap Kinerja Bank Umum di Indonesia. Universitas Brawijaya Malang Fakultas Ekonomi Dan Bisnis, 2(1), Maret 2013.

Jan, A., Marimuthu, M., & @ Mat Isa, M. P. bin M. (2019). The nexus of sustainability practices and financial performance: From the perspective of Islamic banking. Journal of Cleaner Production. https://doi.org/10.1016/j.jclepro.2019.04.208

Khandker, S. R. (1996). Grameen bank: Impact, costs, and program sustainability. Asian Development Review, 36.

Lang, M., & Lundholm, R. (1993). Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures. Journal of Accounting Research, 31(2), 246–271. https://doi.org/10.2307/2491273

Majumder, M. T. H., & Li, X. (2018). Bank risk and performance in an emerging market setting: the case of Bangladesh. Journal of Economics, Finance and Administrative Science. https://doi.org/10.1108/JEFAS-07-2017-0084

Masood, O., & Ashraf, M. (2012). Bank-specific and macroeconomic profitability determinants of Islamic banks: The case of different countries. Qualitative Research in Financial Markets, 4(2), 255–268. https://doi.org/10.1108/17554171211252565

Maurina, Y., Hidayat, R. R., & Sulasmiyati, S. (2015). Pengaruh Tingkat Inflasi, Kurs Rupiah dan Tingkat Suku Bunga BI Rate Terhadap IHSG. Jurnal Administrasi Bisnis (JAB), 27(2).

Novianti, N., Badina, T., & Erlangga, A. (2016). Analisis Pengaruh Return on Asset (ROA), Biaya Operasional Terhadap Pendapatan Operasional (BOPO), Suku Bunga, Financing to Deposits Ratio (FDR) dan Non Performing Financing (NPF) Terhadap Tingkat Bagi Hasil Deposito Mudharabah. Esensi, 5(1), 65–86. https://doi.org/10.15408/ess.v5i1.2333

Oktavianingsih, A. (2016). Analisis Faktor-Faktor yang Mempengaruhi Financial Sustainability Ratio Pada Bank Umum Swasta Nasional Devisa Periode 2003-2009. 168.

Oliveira, V. B., & Raposo, C. (2019). How did regulation and market discipline influence banking distress in Europe?: Lessons from the global financial crisis. Studies in Economics and Finance, 37(1), 160–198. https://doi.org/10.1108/SEF-03-2019-0123

Permatasari, A. N., Rahardian, D., & Yunita, I. (2017). Pengaruh CAR, LDR, BOPO, NPL dan Ukuran Perusahaan Terhadap Profitabilitas. E-Proceeding of Management, 4(2).

Piatti, D., & Cincinelli, P. (2019). Does the threshold matter? The impact of the monitoring activity on non-performing loans: Evidence from the Italian banking system. Managerial Finance, 0307–4358. https://doi.org/10.1108/MF-02-2018-0077

Pinasti, W. F., & Mustikawati, R. I. (2018). Pengaruh CAR, BOPO, NPL, NIM Dan LDR Terhadap Profitabilitas Bank Umum Periode 2011-2015. Nominal, Barometer Riset Akuntansi Dan Manajemen, VII(I). https://doi.org/10.21831/nominal.v7i1.19365

Puteh, A., Rasyidin, M., & Mawaddah, N. (2018). Islamic Banks in Indonesia: Analysis of Efficiency. In Proceedings of MICoMS, 1, 331–336. https://doi.org/10.1108/978-1-78756-793-1-00062

Putri, W. O. P., & Suwarti, T. (2013). Penyaluran Jumlah Kredit Perbankan Dan Faktor Yang Mempengaruhinya (Studi pada Perusahaan Perbankan Go Public yang terdaftar di Bursa Efek Indonesia). Jurnal Manajemen Dan Bisnis Indonesia, 2(2), 1–14.

Repi, S., Murni, S., Faktor-Faktor, D. A., Repi, S., Murni, S., Adare, D., Ekonomi, F., Bisnis, D., Manajemen, J., Sam, U., & Manado, R. (2016). Faktor-Faktor Yang Mempengaruhi Nilai Perusahaan Subsektor Perbankan Pada Bei Dalam Menghadapi Mea the Factors That Influenced Company Value in Banking Subsecktor At Idx in the Face of Mea. Jurnal EMBA, 4(1).

Riyadi, S. (2014). Banking Assets and Liability Management. E-Jurnal Manajemen Unud.

Sekaran, U. (2006). Metodologi Penelitian Untuk Bisnis. In Metode Penelitian (4th ed.). Salemba Empat.

Shaddady, A., & Moore, T. (2018). Investigation of the effects of financial regulation and supervision on bank stability: The application of CAMELS-DEA to quantile regressions. Journal of International Financial Markets, Institutions and Money. https://doi.org/10.1016/j.intfin.2018.09.006

Suhardi, G. (2007). Usaha Perbankan dalam Perspektif Hukum. In Edisi Kelima. Kanisius.

Sujarweni, V. W. (2019). Analisis Laporan Keuangan teori, aplikasi, dan hasil penelitian. In Analisis Laporan Keuangan teori, aplikasi, dan hasil penelitian. PUSTAKA BARU PRESS.

Suryandani, A. (2018). Pengaruh pertumbuhan Perusahaan, Ukuran Perusahaan, dan Keputusan Investasi terhadap Nilai Perusahaan Pada Perusahaan Sektor Property dan Real Estate. BMAJ: Business Management Analysis Journal, 1(1). https://doi.org/10.24176/bmaj.v1i1.2682

Suwarno, Puspito, A., & Qomariah, N. (2016). Studi Pengaruh Profitabilitas, Ukuran Perusahaan dan Peluang Pertumbuhan Terhadap Nilai Perusahaan pada Perusahaan Telekomunikasi Indonesia. Jurnal Unmuh Jember, 3 1, 1–14.

Towhid, A., Shinta Amalina Hazrati Havidz, & Mohammed Ameen Qasem Ahmed Alnawah. (2019). Bank-Specific and Macroeconomic Determinants of Non Performing Loans Of Comercial Bank In Bangladesh. Dinasti International Journal of Management Science, 1, 86. https://doi.org/10.31933/dijms.v1i1.28

Vianti, W. A. (2016). Pengaruh Corporate Governance dan Karakteristik Perusahaan Terhadap Pengungkapan Sustainability Report. Fakultas Ekonomi Universitas Negeri Padang, 4(1), 1–23.

Wibowo, A. (2012). Peran Kinerja Perusahaan Dan Risiko Sistematis dalam Menentukan Pengaruh Inflasi Terhadap Nilai Perusahaan. Media Ekonomi Dan Manajemen, 26(2).

Wufron. (2017). Pengaruh Ukuran Perusahaan Terhadap Kinerja Keuangan Serta Implikasinya Terhadap Nilai Perusahaan Pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia. Jurnal Wacana Ekonomi, 16(3), 22–33.

Xu, L., Lee, S. C., & Fu, Y. (2015). Impacts of capital regulation and market discipline on capital ratio selection: Evidence from china. International Journal of Managerial Finance, 11(3), 270–284. https://doi.org/10.1108/IJMF-02-2014-0021

Yuanjuan, L., & Shishun, X. (2012). Effectiveness of China’s Commercial Banks’ Capital Adequacy Ratio Regulation A Case Study of The Listed Banks. Interdisciplinary Journal of Contemporary Research In Business, 4(1), 58–68.

Zarrouk, H., Ben Jedidia, K., & Moualhi, M. (2016). Is Islamic bank profitability driven by same forces as conventional banks? International Journal of Islamic and Middle Eastern Finance and Management, 9(1), 46–66. https://doi.org/10.1108/IMEFM-12-2014-0120

Zulfikar, T. (2014). Pengaruh CAR, LDR, NPL, BOPO dan NIM terhadap Kinerja Profitabilitas (ROA) Bank Perkreditan Rakyat di Indonesia. In E-Journal Graduate Unpar.




DOI: https://doi.org/10.34149/jmbr.v18i1.214

JMBR Editorial Office: PPM School of Management, Jl. Menteng Raya 9-19 Jakarta 10340 Phone: 021-2300313 ext 2354

View My Stats

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.