Pengaruh Tingkat Kesehatan Bank Terhadap Firm Value Dengan CSR Expenditure Sebagai Variabel Moderasi

Abdillah  Bijak; Roebiandini Soemantri; Syaiful Rahman Soenaria

doi:10.33395/owner.v8i2.2063

Authors

Abdillah Bijak Magister Akuntansi, Universitas Padjadjaran, Bandung
Roebiandini Soemantri Magister Akuntansi, Universitas Padjadjaran, Bandung
Syaiful Rahman Soenaria Magister Akuntansi, Universitas Padjadjaran, Bandung

DOI:

10.33395/owner.v8i2.2063

Keywords:

Banking Industry, CSR Expenditure, Firm Value, Good Corporate Governance, Tingkat Kesehatan Bank

Abstract

This research investigates the influence of various financial variables on Bank Health Level on Company Value (PBV) with CSR Expenditure as a moderating variable in the context of the banking industry in Indonesia. The research method used in this research is descriptive and verification research, while the sampling technique used is non-probability sampling with a purposive sampling method, the sample for this research is 26 companies. This research identifies Non-Performing Loans (NPL) and Return on Assets (ROA) as factors that influence Price to Book Value (PBV). Then CSR Expenditure can moderate the Non-Performing Loan (NPL), Loan Deposit Ratio (LDR), and Good Corporate Government (GCG) variables on price-to-book value (PBV). Simultaneously, the results of the F test show that collectively these variables have a significant effect on Price to Book Value (PBV), and CSR Expenditure is an important factor that contributes positively to Price to Book Value (PBV), which can be concluded that CSR policy is very capable strengthening company performance in increasing stakeholder perception and trust which is reflected in increasing company value.

Downloads

Download data is not yet available.

Plum-X Analityc

References

Dhanesh, G.S. (2014) ‘Why corporate social responsibility? : an analysis of drivers of CSR in India’, Management Communication Quarterly, Vol. 29, No. 1, pp.114–129. doi:10.1177/0893318914545496

Ebenezer, O. O., Islam, M. A., Yusoff, W. S., & Rahman, S. (2019). The effects of liquidity risk and interest-rate risk on profitability and firm value among banks in ASEAN-5 countries. Journal of Reviews on Global Economics, 8(2019), 337-349.

Heugens, P.P. and Kaptein, M. (2008) ‘Contracts to communities: a processual model of organizational virtue’, Journal of Management Studies, Vol. 45, No. 1, pp.100–121.

McWilliams, A. and Siegel, D.S. (2011) ‘Creating and capturing value: strategic corporate social responsibility, resource-based theory, and sustainable competitive advantage’, Journal of Management, Vol. 37, No. 5, pp.1480–1495. doi:10.1177/0149206310385696

Riris Ristiani dan Bambang Hadi Santoso. (2018). Pengaruh Tingkat Kesehatan Bank Terhadap Nilai Perusahaan Pada Bank-Bank Umum Yang Terdaftar Di BEI. Jurnal Ilmu dan Riset Manajemen

Joaquín Maudos and Juan Fernández de Guevara (2011). Bank size, market power and financial stability. Bank performance, risk and firm financing

Iftikhar, M. (2016). Impact of credit risk management on financial performance of commercial banks of Pakistan. University of Haripur Journal of Management (UOHJM), 1(2), 110-124.

Suhartono, D. A., Zahroh, Z. Z., & Azizah, D. F. (2017). Analisis Tingkat Kesehatan Bank dengan Menggunakan Metode Risk Based Bank Rating (Studi pada Bank Milik Pemerintah Pusat yang Terdaftar di Bursa Efek Indonesia Tahun 2012-2015). Jurnal Administrasi Bisnis, 46(1).

Utami, D. R., & Utami, T. (2021). Pengaruh Pembiayaan Bagi Hasil dan Tingkat Kesehatan Bank Terhadap kinerja Keuangan Dengan Pembiayaan Bermasalah Sebagai Variabel Pemoderasi. Nominal: Barometer Riset Akuntansi dan Manajemen, 10(2), 188-200.

Riduwan, S. E., Pranata, G. D., & SE, M. (2022). Manajemen Risiko Bank Syariah di Indonesia. UAD PRESS.

Noman, A. H. M., Gee, C. S., & Isa, C. R. (2017). Does competition improve financial stability of the banking sector in ASEAN countries? An empirical analysis. PloS one, 12(5), e0176546.

Yulianty, A., Khrisnatika, M. E., Amrie Firmansyah, S. E., & MM, M. A. (2021). Penghindaran pajak pada perusahaan pertambangan di indonesia: profitabilitas, tata kelola perusahaan, intensitas persediaan, leverage. JURNAL PAJAK INDONESIA (Indonesian Tax Review), 5(1).

Yohendra, C. L., & Susanty, M. (2019). Tata kelola perusahaan dan nilai perusahaan. Jurnal Bisnis Dan Akuntansi, 21(1), 113-128.

Khikmah, N., Yusuf, M., & Yohani, Y. (2020). Pengaruh Profitabilitas, Solvabilitas, Rentabilitas, Likuiditas, Ukuran Perusahaan Dan Keputusan Investasi Terhadap Nilai Perusahaan. Neraca, 16(1), 40-57.

Maramis, P. A. (2022). Analisis Tingkat Kesehatan Bank Dengan Metode RGEC (Risk Profile, Good Corporate Governance, Earning, Capital) Pada Pt Bank Mandiri (Persero) Tbk Periode 2015-2018. Jurnal Pembangunan Ekonomi dan Keuangan Daerah, 20(4).

Sipayung, B., & Ardiani, A. (2022). Manajemen risiko dalam pertimbangan pengajuan pinjaman dana pemulihan ekonomi nasional (PEN) daerah. KINERJA, 19(4), 666-677.