Peran Good Corporate Governance dalam Menurunkan Credit Risk pada Bank yang Go Public di Bursa Efek Indonesia
Keywords:
Credit risk, Loan to deposit ratio, Capital adequacy ratio, Inflation, Gross domestic product, Good corporate governance
Abstract
This study aims to examine and analyze the role of good corporate governance in moderating the influence of the loan to deposit ratio, capital adequacy ratio, inflation and gross domestic product on the reduction of credit risk in banking companies that go public on the Indonesia Stock Exchange. The population in this study are all companies going public on the Indonesian Stock Exchange. The sampling technique used purposive sampling, with the criteria for banking companies going public in 2008-2021, so that 308 observations were obtained. The type of data is panel data which is a combination of cross section data and time series data, so the statistical technique uses E-views software. After passing the classic assumption test and conducting tests to choose the best results, the results show that the loan to deposit ratio has an effect on credit risk, but the capital adequacy ratio, inflation and gross domestic product have no effect on credit risk. In addition, GCG strengthens the influence of the loan to deposit ratio in reducing credit risk, but GCG actually weakens the influence of the capital adequacy ratio in reducing credit risk.
References
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Anita, S. S., Tasnova, N., & Nawar, N. (2022). Are Non-Performing Loans Sensitive To Macroeconomic Determinants? An Empirical Evidence From Banking Sector Of SAARC Countries. Future Business Journal, 8(7). https://doi.org/10.1186/s43093-022-00117-9
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Barua, B., & Barua, S. (2021). COVID 19 Implications For Banks : Evidence From An Emerging Economy. SN Business & Economics, 1(1), 1–28. https://doi.org/10.1007/s43546-020-00013-w
Bhattarai, B. P. (2020). Effects Of Non-Performing Loan On Profitability Of Commercial Banks In Nepal. European Business & Management, 6(6), 164. https://doi.org/10.11648/j.ebm.20200606.15
Cofitalan, J. M. L. (2022). Effect Of Credit Risk, Liquidity Risk, And Operational Risk On Profitability (Study On Banco Nasional De Comércio De Timor-Leste Bnctl-Dili). ABM : International Journal of Administration, Business and Management, 4(1), 52–73. http://jurnal.itsm.ac.id/index.php/abm/article/view/577%0Ahttp://jurnal.itsm.ac.id/index.php/abm/article/download/577/533
Dao, B. T., & Pham, H. (2015). Corporate Governance And Bank Credit Risk: Default Probability, Distance To Default. SSRN Electronic Journal, June, 2–22. https://doi.org/10.2139/ssrn.2708994
Fauziah, F., & Rafiqoh, R. (2021). The Role of Profitability, Company Size, Capital Structure, and Liquidity Risk on Firm Value of Indonesian Banks. Organum: Jurnal Saintifik …, 4(1), 14–17. https://doi.org/10.35138/organu m.v4i1.110
Firmansyah, I. (2014). Determinant Of Non Performing Loan: The Case Of Islamic Bank In Indonesia. Bulletin of Monetary Economics and Banking, 17(2). https://doi.org/10.21098/bemp.v17i2
Gadzo, S. G., Kportorgbi, H. K., & Gatsi, J. G. (2019). Credit Risk And Operational Risk On Financial Performance Of Universal Banks In Ghana: A Partial Least Squared Structural Equation Model (PLS SEM) Approach. Cogent Economics and Finance, 7(1). https://doi.org/10.1080/23322039.2019.1589406
Ghenimi, A., Chaibi, H., & Omri, M. A. B. (2021). Liquidity Risk Determinants: Islamic Vs Conventional Banks. International Journal of Law and Management, 63(1), 65–95. https://doi.org/10.1108/IJLMA-03-2018-0060
Gunawan, I., Purnamasari, E. D., & Setiawan, B. (2020). Pengaruh CAR, NPF, FDR, dan BOPO terhadap Profitabilitas (ROA) pada Bank Syariah Bukopin Periode 2012-2018. Jurnal Manajemen SDM Pemasaran, Dan Keuangan, 01(01), 19–36.
Handriani, E. (2011). Application Diversification Of Social Responsibility (SRD) For Creation Firm Value (pp. 1–18).
Haryanto, S., Bachtiar, Y., & Khotami, W. (2020). Efficiency And Profitability Of Islamic Banks In Indonesia. Jurnal Manajemen, 9(1), 41–48. https://doi.org/10.1166/asl.2017.9975
Haryanto, S., Chandrarin, G., & Bachtiar, Y. (2019). Bank Size, Risk And Market Discipline With A Deposit Insurance: Evidence Of Banking In Indonesia. AFRE (Accounting and Financial Review), 2(2), 81–90. https://doi.org/10.26905/afr.v2i2.3717
Ihrom, F., & Hersugondo, H. (2021). Pengaruh Profitabilitas Dan Makroekonomi Terhadap Non-Performing Loans (Studi Empiris Pada Perusahaan Perbankan Yang Terdaftar Di Bei Periode 2017-2019). Dinamika Akuntansi, Keuangan Dan Perbankan, 10(2), 174–184. https://doi.org/10.35315/dakp.v10i2.8882
İncekara, A., & Çetinkaya, H. (2019). Credit Risk Management: A Panel Data Analysis On The Islamic Banks In Turkey. Procedia Computer Science, 158, 947–954. https://doi.org/10.1016/j.procs.2019.09.135
Ioan, B., Malar Kumaran, R., Larissa, B., Anca, N., Lucian, G., Gheorghe, F., Horia, T., Ioan, B., & Mircea-Iosif, R. (2020). A Panel Data Analysis on Sustainable Economic Growth in India, Brazil, and Romania. Journal of Risk and Financial Management, 13(8), 170. https://doi.org/10.3390/jrfm13080170
Khamisah, N., Nani, D. A., & Ashsifa, I. (2020). Pengaruh Non Performing Loan (NPL), BOPO Dan Ukuran Perusahaan Terhadap Return On Assets (ROA) Perusahaan Perbankan Yang Terdaftar Di Bursa Efek Indonesia (BEI). Jurnal TECHNOBIZ, 3(2), 18–23. https://ejurnal.teknokrat.ac.id/index.php/technobiz/article/view/836
Kiemo, S., Talam, C., & Rugiri, I. W. (2022). Bank Capital, Credit Risk And Financial Stability In Kenya. Research on Financial Markets and Policy Working Paper Series, 57. https://doi.org/10.46799/jst.v3i1.494
Ko, C., Lee, P., & Anandarajan, A. (2019). The Impact Of Operational Risk Incidents And Moderating Influence Of Corporate Governance On Credit Risk And Firm Performance. International Journal of Accounting and Information Management, 27(1), 96–110. https://doi.org/10.1108/IJAIM-05-2017-0070
Koju, L., Koju, R., & Wang, S. (2020). Macroeconomic Determinants Of Credit Risks: Evidence From High-Income Countries. European Journal of Management and Business Economics, 29(1), 41–53. https://doi.org/10.1108/EJMBE-02-2018-0032
Korompis, R. R. N., Murni, S., & Untu, V. N. (2020). Pengaruh Risiko Pasar (NIM), Risiko Kredit (NPL), Dan Risiko Likuiditas (LDR) Terhadap Kinerja Keuangan Perbankan (ROA) Pada Bank Yang Terdaftar Di LQ45 Periode 2012-2018. Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis Dan Akuntansi, 8(1), 175–184.
Kumar, R. R., Stauvermann, P. J., Patel, A., & Prasad, S. S. (2015). Determinants Of Non-Performing Loans In Banking Sector In Small Developing Island States: A Study Of Fiji. Accounting Research Journal, 31(2), 192–213. https://doi.org/10.1108/ARJ-06-2015-0077
Kusumastuti, W. I., & Alam, A. (2019). Analysis Of Impact Of CAR, NPF, BOPO On Profitability Of Islamic Banks (Year 2015-2017). Journal of Islamic Economic Laws, 2(1), 30–59. https://doi.org/10.23917/jisel.v2i1.6370
Kuswahariani, W., Siregar, H., & Syarifuddin, F. (2020). Analysis Of Non-Performing Financing (NPF) In General And The Micro Segment At Three National Islamic Banks In Indonesia. Jurnal Aplikasi Bisnis Dan Manajemen, 6(1), 26–36.
Le, T. D., & Ngo, T. (2020). The determinants of bank profitability: A cross-country analysis. Central Bank Review, 20(2), 65–73. https://doi.org/10.1016/j.cbrev.2020.04.001
Ledhem, M. A., & Mekidiche, M. (2020). Economic Growth And Financial Performance Of Islamic Banks: A CAMELS Approach. Islamic Economic Studies, 28(1), 47–62. https://doi.org/10.1108/ies-05-2020-0016
Mawarti, W., Negoro, D. A., & Syah, T. Y. R. (2022). The Effect Of Financial Ratio In Determining Company Value: (Empirical Study On Banking Companies Listed On The Indonesia Stock Exchange For The 2015-2019 Period). Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences, 5(1), 3001–3013. https://doi.org/10.33258/birci.v5i1.3942 3001
Mazreku, I., Morina, F., Misiri, V., & Spiteri, J. V. (2018). Determinants Of The Level Of Non-Performing Loans In Commercial Banks Of Transition Countries. European Research Studies Journal, XXI(3), 3–13.
Mojambo, G. A. ., Tulung, J. E., & Saerang, R. T. (2020). The Influence Of Top Management Team (Tmt) Characteristics Toward Indonesian Banks Performance During The Digital Era (2014-2018). Jurnal Ilmiah Manajemen Bisnis Dan Inovasi Universitas Sam Ratulangi (Jmbi Unsrat), 7(1), 1–20. https://ssrn.com/abstract=3541856
Moudud-Ul-Huq, S. (2020). Does Bank Competition Matter For Performance And Risk-Taking? Empirical Evidence From BRICS Countries. International Journal of Emerging Markets, 16(3), 409–447. https://doi.org/10.1108/IJOEM-03-2019-0197
Mustafa, A., & Mumtaz, M. Z. (2022). Examining The Bank-Specific And Macro-Economic Factors That Influence Capital Adequacy In Pakistan. International Journal of Management Research and Emerging Sciences, 12(2), 134–157.
Mutamimah, M., Tholib, M., & Robiyanto, R. (2021). Corporate Governance, Credit Risk, And Financial Literacy For Small Medium Enterprise In Indonesia. Business: Theory and Practice, 22(2), 406–413. https://doi.org/10.3846/btp.2021.13063
Ngurah, R. G., & Panji, S. I. B. (2021). The Effect Of Credit Risk On Profitability With Capital Adequacy As A Mediation Variables. Russian Journal of Agricultural and Socio-Economic Sciences, 111(3), 72–82. https://doi.org/10.18551/rjoas.2021-03.09
Ozili, P. K. (2019). Non-Performing Loans And Financial Development: New Evidence. Journal of Risk Finance, 20(1), 59–81. https://doi.org/10.1108/JRF-07-2017-0112
Permatasari, I. (2020). Does corporate governance affect bank risk management? Case study of Indonesian banks. International Trade, Politics and Development, 4(2), 127–139. https://doi.org/10.1108/itpd-05-2020-0063
Priyadi, U., Utami, K. D. S., Muhammad, R., & Nugraheni, P. (2021). Determinants Of Credit Risk Of Indonesian Sharīʿah Rural Banks. ISRA International Journal of Islamic Finance, 13(3), 284–301. https://doi.org/10.1108/IJIF-09-2019-0134
Purnamasari, D., & Achyani, F. (2022). Analysis Of The Effect Of Credit Expansion, Operational Efficiency Rate, Lending Interest Rate, NPL Of The Previous Period And Capital Adequacy Ratio (CAR) On Non-Performing Loans Based On The Generalized Method Of Moment. Quantitative Economics and Management Studies, 3(2), 256–264. https://doi.org/10.35877/454ri.qems919
Purwoko & Sudityatno. (2013). Faktor-faktor yang mempengaruhi kinerja bank (Studi empirik pada industri perbankan di Bursa Efek Indonesia). Jurnall Bisnis Dan Ekonomi, 20(1), 25–39.
Puspita, H., Ndaru, S., & Jayanti, R. (2022). Effect Of Liquidity, Capital Adequacy And Net Interest Margin On Credit Risk With Its Impact On Profitability. International Seminar on Accounting Society, 626–635.
Putri, M. O. D., & Wiksuana, I. G. B. (2021). The Effect of Liquidity and Profitability on Firm Value Mediated by Dividend Policy. American Journal of Humanities and Social Sciences Research (AJHSSR), 5(1), 204–212. https://www.ajhssr.com/wp-content/uploads/2021/01/ZB21501204212.pdf
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Published
2023-03-20
How to Cite
Virgantara, D., & Mutamimah, M. (2023). Peran Good Corporate Governance dalam Menurunkan Credit Risk pada Bank yang Go Public di Bursa Efek Indonesia. Jurnal Bisnis Dan Ekonomi, 29(2), 165 - 179. https://doi.org/10.35315/jbe.v29i2.9246
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Articles
Copyright (c) 2023 Dika Zanuar Virgantara, Mutamimah Mutamimah
This work is licensed under a Creative Commons Attribution 4.0 International License.
