Net Interest Margin and Capital Adequacy Ratio: Mediating Influence of Return on Asset
(1) Universitas Negeri Semarang
(2) Universitas Negeri Semarang
(3) Universitas Negeri Semarang
Abstract
Purpose: The objectives of this study are to analyze the effect of liquidity, credit risk, and operating efficiency on bank profitability as proxied by Return on Assets and analyze the role of Net Interest Margin (NIM) and Capital Adequacy Ratio (CAR) as an intervening variable.
Method: The population in this study was banking companies listed on the Indonesia Stock Ex- change (IDX) for 2015-2019. The sampling technique used the purposive sampling technique with 37 companies and 167 analysis units. The data analysis in this study used multiple linear regression analysis and path analysis.
Finding: The results show that liquidity and operating efficiency significantly affect profitability. Credit risk has a significant negative effect on profitability, and NIM and CAR have a significant positive effect on profitability. Liquidity has a significant positive effect on NIM and CAR. Credit risk has an insignificant negative effect on NIM, but a significant positive on CAR, while operational efficiency has a significant negative effect on NIM. Meanwhile, NIM and CAR can only mediate liquidity to profitability, and otherwise, CAR can be mediating credit risk to profitability.
Novelty: NIM and CAR can be mediate the effect of liquidity on profitability, and in particular, CAR mediates market risk on profitability. Therefore, investors should pay attention to financial banking ratios so that they do not fail in making investments.
Keywords
Full Text:
PDFReferences
Anindiansyah, G., Sudiyatno, B., Puspitasari, E., & Susilawati, Y. (2020). Pengaruh CAR, NPL, OE , Dan LDR Terhadap ROA Dengan NIM Sebagai Variabel Intervening (Studi Pada Bank Yang Go Publik Di Bursa Efek Indonesia Periode Tahun 2015-2018). Proceeding SENDIU 2020, 560–567.
Ben Naceur, S., & Goaied, M. (2008). The determinants of commercial bank interest margin and profitability: evidence from Tunisia. Frontiers in Finance and Economics, 5(1), 106–130.
Brock, P., & Franken, H. (2003). Measuring the determinants of average and marginal bank interest rate spreads in Chile, 1994-2001. Economía Chilena, 6(3), 45–65.
Chester, M. V, & Horvath, A. (2009). Environmental assessment of passenger transportation should include infrastructure and supply chains. Environmental Research Letters, 4(2), 24008.
Dendawijaya, L. (2014). Manajemen Keuangan. Ghalia Indonesia.
Dewi, N. V., Mardani, R. M., & Salim, M. A. (2017). Pengaruh CAR, NPL, NIM dan OE Terhadap Profitabilitas Perbankan (Studi Kasus Pada Bank Umum Yang Terdaftar di Bursa Efek Indonesia Tahun 2012-2015). Jurnal Ilmiah Riset Manajemen, 6(1), 70–87.
Durguti, V., Georgieva, A., Angelov, A., & Bajrami, Z. (2014). Quantitative determination of ochratoxin A in wine after the clarification and filtration. Croatian Journal of Food Science and Technology, 6(2), 79–83.
Erturk, A., & Ziblim, L. (2020). Is the perception of organizational deviation affected by the organizational climate? Research in schools. Eurasian Journal of Educational Research, 20(85), 1-22
Ghozali, I. (2018). Aplikasi Analisis Multivariate dengan Program IBM SPSS 25 (Sembilan). Undip.
Hasibuan, M. S. (2009). Dasar-Dasar Perbankan. PT Bumi Aksara.
ROA Perbankan turun ke 2.48% per September 2019. Kontan (2019). https://keuangan.kontan.co.id/news/roa-perbankan-turun-ke-248-per-september-2019. diakses 2 Juli 2021.
Khoirunnisa, H. M., Rodhiyah, R., & Saryadi, S. (2016). Pengaruh Capital Adequacy Ratio (CAR), Loan To Deposit Ratio (LDR) dan OE terhadap Profitabilitas (ROA dan ROE) Bank Persero Indonesia yang Dipublikasikan Bank Indonesia Periode 2010–2015. Jurnal Ilmu Administrasi Bisnis, 5(4), 264–271.
Margaretha, F. (2017). Faktor-Faktor yang Memengaruhi Kinerja Keuangan Perbankan Indonesia. In SKRIPSI, Universitas Trisakti.
Nugrahaning, S., & Wahyudi, S. (2016). Analisis Pengaruh NPL dan LDR terhadap NIM dengan ROA sebagai Intervening, Pengaruh NPL terhadap NIM dengan CAR sebagai Intervening, serta OE terhadap NIM Bank Go Public di Indonesia Periode 2011-2015. 5, 1–9.
Peling, I. A. A., & Sedana, I. B. P. (2018). Pengaruh Ldr, Npl, Dan OE Terhadap Profitabilitas Pada Pt. Bpd Bali Periode Tahun 2009-2016. E-Jurnal Manajemen Universitas Udayana, 7(6), 2999. https://doi.org/10.24843/EJMUNUD.2018.v07.i06.p06
Penrose, E. (1996). The Theory of Growth of The Firm. 29(4), 596. https://doi.org/10.1016/s0024-6301(96)90295-2
Purba, P. L., & Triaryati, N. (2018). Pengaruh CAR, NPL, OE, dan LDR terhadap Net Interst Margin pada Perusahaan Perbankan yang Terdaftar di BEI. E-Jurnal Manajemen Unud, 7(1), 387–411.
Raharjo, P. G., Hakim, D. B., Manurung, A. H., & Maulana, T. N. A. (2014). The Determinant of Commercial Banks ’ Interest Margin in Indonesia : An Analysis of Fixed Effect Panel Regression. 4(2), 295–308.
Riyadi, S. (2006). Banking Assets and Liability Management. Lembaga Penerbit Fakultas Ekonomi Universitas Indonesia.
Rohmiati, E., Winarni, & Nina Woelan Soebroto. (2019). Analisis Pengaruh OE, NPL, NIM, dan LDR terhadap Profitabilitas pada Bank Umum di Indonesia Periode 2012-2017. 7(2302), 34–48.
Siwu, N. G., Murni, S., & Tulung, J. E. (2019). Pengaruh CAR, NPL, LDR, dan OE terhadap ROA pada Industri Perbankan yang Masuk dalam LQ-45 Periode Agustus 2015-Januari 2018. Jurnal Riset Bisnis Dan Manajemen, 6, No.3, 325–334.
Spence, M. (1973). Job Marketing Signalling. 87(3), 355–374.
Wenerfelt, B. (1984). A Resource-Based View of the Firm. Strategic Management Journal, CINCO(2), 1–12. http://onlinelibrary.wiley.com/doi/10.1002/smj.4250050207/abstract
Yatiningsih, N F, & Chabachib, M. (2015). Analisis pengaruh OE, LDR, NPL, SIZE, CAR dan NIM terhadap ROA. 4, 1–10.
Yatiningsih, Nur Fakhri, & Chabachib, M. (2015). Analisis Pengaruh OE, LDR, NPL, SIZE, CAR, dan NIM terhadap ROA (Studi pada Bank Umum Konvensional yang Listing di Bursa Efek Indonesia Periode 2009-2013). Fakultas Ekonomika dan Bisnis.
Yudiartini, D. A. S., & Dharmadiaksa, I. B. (2016). Pengaruh Rasio Keuangan terhadap Kinerja Keuangan Sektor Perbankan di Bursa Efek Indonesia. 1183–1209.
Refbacks
- There are currently no refbacks.
Jurnal Dinamika Akuntansi is licensed under a Creative Commons Attribution 4.0 International License