Mandiri Tbk Research Articles

ROA, ROE, CAR, and EPS on The Stock Price of PT Bank Mandiri (Persero) Tbk with GARCH (1,1)

This study aims to analyze the effect of ROA, ROE, CAR, and EPS on the stock prices at PT. Bank Mandiri (Persero) Tbk in 2010-2019. Technical analysis uses simple linear regression analysis and GARCH (1,1), hypothesis testing using the t-test parsial regression coefficient testing coefficient with a level of significance of 5% (0.05). In addition, These data is non parametric because it has multicollinearity and autocorrelation. These results indicate that only show the results of GARCH (1,1) that ROA and EPS has significant effect on stock return PT Bank Mandiri Tbk.

PENGARUH BUDAYA ORGANISASI, DISIPLIN KERJA, DAN MOTIVASI KERJA TERHADAP KINERJA PEGAWAI PADA PT. BANK MANDIRI (PERSERO) TBK, BRANCH PANGKALAN BRANDAN

This study aims to determine: the direct influence of work discipline organizational culture and work motivation on the performance of PT. Bank Mandiri (Persero) Tbk, Branch Pangkalan Brandan, totaling 76 employees. The data collection techniques of this study were questionnaires and observations. While the data analysis technique used is the classical assumption test, multiple regression F test t test and the coefficient of determination. The results of testing the coefficient of determination or R2 obtained Adjusted R Square value of 0.445, meaning that the variables of Organizational Culture, Work Discipline, Work Motivation are able to explain how the Employee Performance at PT. Bank Mandiri (Persero) Tbk, Branch Pangkalan Brandan amounted to 44.5%. While the remaining 55.5% by other factors not examined in this study such as leadership style, job satisfaction, work environment, personal abilities, work climate and other socio-economic factors.

Pengaruh Loan To Deposit Ratio, Capital Adequacy Ratio, Dan Non Performing Loan Terhadap Profitabilitas Perbankan Yang Terdaftar Di Bursa Efek Indonesia (BEI)

This study aims to determine how the influence of Loan to Deposit Ratio, Capital Adequacy Ratio and Non Performing Loans on Banking Profitability Listed on the Indonesia Stock Exchange (IDX) that occurs at PT Bank Central Asia Tbk, PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Mandiri (Persero) Tbk, PT Bank CIMB Niaga Tbk, PT Bank Negara Indonesia (Persero) Tbk, PT Bank Tabungan Negara (Persero) in 2014-2018.
 The data used in this study are quantitative data with secondary data sources derived from the financial statements of each bank. This research uses descriptive statistical analysis methods, inference analysis, classic assumption test, multiple linear analysis and coefficient of determination. Regression analysis is used to find out how the influence of independent variables on the dependent variable with a significance value of 5 percent. While the determination coefficient analysis is used to determine the relationship between the independent variable and the dependent variable.
 From the partial hypothesis test (T Test) that has been done by the author, it is obtained that the Loan to Deposit Ratio affects Return On Assets, Capital Adequacy Ratio has no effect on Return On Assets and Non Performing Loans has no effect on Return On Assets. For simultaneous hypothesis testing (Test F), the results obtained are that the independent variables namely Loan to Deposit Ratio, Capital Adequacy Ratio and Non Performing Loans simultaneously influence the Return on Assets.
 
 Key words : Loan to Deposit Ratio (LDR), Capital Adequacy Ratio (CAR), Non Performing 
 Loan (NPL), Return On Asset (ROA).

ANALISIS FAKTOR YANG MEMPENGARUHI RETURN SAHAM PADA BANK UMUM YANG TERDAFTAR DI BURSA EFEK INDONESIA

This study aims to analyze the effect of ROE, CAR, NPL, BOPO, and DER simultaneously on stock returns in commercial banks listed on the Indonesia Stock Exchange. The data used in this study are secondary data in the form of financial reports at PT. Bank Rakyat Indonesi Tbk, PT. Bank Negara Indonesia Tbk, PT. Bank Mandiri Tbk, PT. Bank Central Asia Tbk, and PT. Bank Mega Tbk. from 2014-2019. The data analysis method used is panel data regression analysis, namely the Fixed Effect Model (FEM). The results showed that: ROE theoretically and statistically affect stock returns in commercial banks listed on the Indonesia Stock Exchange. CAR is theoretically and statistically insignificant to stock returns in Commercial Banks listed on the Indonesia Stock Exchange. BOPO has a theoretical effect but does not have a statistical and significant effect on stock returns in commercial banks listed on the Indonesia Stock Exchange. NPL and DER have no effect on stock returns in Commercial Banks listed on the Indonesia Stock Exchange. ROE, CAR, NPL, BOPO and DER simultaneously have a positive effect on stock returns in) Commercial Banks listed on the Indonesia Stock Exchange. ROE, CAR, NPL, BOPO and DER have the ability to explain their effect on stock returns in Commercial Banks listed on the Indonesia Stock Exchange of 44.09%. The remaining 55.01% is influenced by other variables outside this research model.

PENERAPAN MODEL ALTMAN Z-SCORE DALAM MENGUKUR POTENSI KEBANGKRUTAN (STUDI KASUS PADA PERUSAHAAN PERBANKAN BUMN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2018 & 2019)

Abstract: This research is a sustainability research, which uses the same non- manufacturing Altman Z-Score model, with the aim of re-examining the financial health sustainability of the four BUMN banks that the author has studied in 2017 and in 2019. The four BUMN banks are Bank Negara Indonesia (Persero) Tbk PT, Bank Rakyat Indonesia (Persero) Tbk. PT, Bank Tabungan Negara (Persero) Tbk PT, Bank Mandiri (Persero) Tbk PT. The results showed that PT. Bank BTN (Persero) Tbk has a Z-score that has improved in 2018 and 2019, compared to previous years, namely in 2014, 2015, 2016, and 2017. Currently PT. Bank BTN (Persero) Tbk., has moved from the potential financial distress into a "gray area" (improving). Meanwhile, the other three BUMN banks are consistently in the gray area category with a Z-score above 1.2 but below a Z-score of 2.9. The results of this study also show that there is a significant financial performance improvement in every BUMN banking company, but has decreased somewhat in
 2019 at Bank BNI (Persero), Tbk. PT and Bank BRI (Persero) Tbk.PT. Be expected is that with the continuous and consistent improvement in financial performance, the financial health position of BUMN Banking (Persero) Tbk can immediately move to the "safe zone".
 
 Keywords: Financial Health of BUMN Banks, Altman Z-Score Model

ANALISIS FINANCIAL DISTRESS BANK UMUM MILIK NEGARA (BUMN) MASA PANDEMI COVID 19

The purpose of this study was to analyze financial distress using the Altman (Z-Score) method at Bank Umum Milik Negara (BUMN) during pandemin Covid 19. The results showed that PT. BRI (Persero) Tbk with a condition that is not financial distress in years 2015 and 2016. In years 2017, 2018 and 2019 included in the gray area. PT. BNI 46 (Persero) Tbk in years 2015 meaning is not financial distress. Years 2016, 2017, 2018 and 2019 this means it is included in the gray area. PT. Bank Mandiri (Persero) Tbk, in year 2015, 2016, 2017, 2018 and 2019 it is included in a gray area. PT. BTN (Persero) Tbk in year 2015 included in the gray area, years 2016, 2017, 2018, 2019 this shows that PT. BTN (Persero) Tbk expriencing financial distress

THE INFLUENCE OF COMPETENCE AND COMMUNICATION ON EMPLOYEE PERFORMANCE OF INTERNAL AUDIT WORK UNIT AT PT BANK MANDIRI (PERSERO), TBK WITH MEDIATION VARIABLE JOB SATISFACTION

This study aims to analyze the influence of competence and communication on internal audit employees' performance at PT Bank Mandiri (Persero) Tbk with the mediating variable of Job Satisfaction. The population in this study were 284 employees of the internal audit of PT Bank Mandiri Tbk. Whereas in this study using saturated samples, the entire population of this study became research respondents. The data collection method is by distributing questionnaires as a primary data collection tool. Furthermore, the data is processed and analyzed using the Amoss 26 Structural Equation Models method. This study uses competency and communication independent variables as well as employee performance-dependent variables and job satisfaction mediation variables. The results of the study prove that there is an effect of competence on job satisfaction; there is an effect of communication on job satisfaction; there is an influence of competence on performance; there is an effect of communication on performance; there is an effect of job satisfaction on performance; there is an influence of competence on performance through job satisfaction; there is an effect of communication on performance through job satisfaction.

MENINGKATKAN KINERJA KEUANGAN RETURN ON EQUITY (ROE) MELALUI RASIO STRUKTUR MODAL DEBT TO ASSET RATIO (DAR) DAN DEBT TO EQUITY RATIO (DER) PADA PT BANK MANDIRI TBK YANG TERDAFTAR DI BURSA EFEK INDONESIA

This study aims to determine how much influence the Debt to Assets Ratio (DAR) and Debt to Equity Ratio (DER) have on the Return on Equity (ROE) of PT Bank Mandiri Tbk which are listed on the Indonesia Stock Exchange. The research design used in this research is associative/quantitative research. The population in this study is the annual financial statements of PT. Bank Mandiri Tbk for the period 2012-2019, while the sample was taken using time series data, namely the annual financial statements of PT. Bank Mandiri Tbk for the period 2012-2019 which consists of balance statements, income statements, and cash flow from funding activities from 2012 to 2019. The result of the coefficient of determination (R Square) is 0.813. This figure means that 0.813 or 81.3% of the diversity of data from financial performance data can be explained by the two independent variables, namely the Debt to Asset Ratio and the Debt to Equity Ratio. While the rest (1-0.813 = 0.817) or 18.7% is explained by other factors outside the study. The results of statistical tests show that the Asset Ratio and Debt to Equity Ratio together (simultaneously) have an effect on financial performance (Return on Equity).

Pengaruh Zakat terhadap Rasio Net Profit Margin (NPM) pada PT. Bank Syariah Mandiri Tbk.

Abstract There is an increase or decrease in zakat followed by the ratio of Net Profit Margin (NPM), which is not in accordance with the theory. The purpose of this study was to determine the effect of zakat on the ratio of Net Profit Margin (NPM) at PT. Bank Syariah Mandiri Tbk. This research is a quantitative research with a descriptive approach. The data source used is secondary data. The analytical tools used are descriptive statistics, normality test, linearity test, simple linear regression test, coefficient of determination, and partial regression coefficient test (t test). The results of the study with the equation NPM = 5,299 - 0.135 X + 0.066 and the R Square data is 0.131 or 13.1%, this means that the zakat variable explains that the Net Profit Margin ratio (NPM) in PT. Bank Syariah Mandiri Tbk. influenced by 13.1%, while the remaining 86.9% is influenced by other variables not included in this research model. For the t test results, there is a significant influence between zakat and the ratio of Net Profit Margin (NPM).Keywords: Net Profit Margin Ratio (NPM), and Zakat

Pengaruh Dana Pihak Ketiga Dan Loan To Deposit Ratio Terhadap Jumlah Penyaluran Kredit

The purpose of this research is to know the influence of Third-Party Funds and Loan to Deposit Ratio to The Amount of Loans that happened to PT Bank Negara Indonesia (Persero) Tbk, PT Bank Central Asia Tbk, PT Bank Mandiri (Persero) Tbk on 2010-2019.
 Data that used for this research are quantitative data which sourch from secondary data on every banks financial report. The method used in this research are multiple linear regression analysis method, T test, F test, coefficient test and coefficient of determination test. Regression analysis used to know the influence of independence variable to dependence variable with a significance value of 5 percent while the analysis of coefficient determination and determination used to know the correlation of independent variabel and dependent variabel.
 Based on partial hypothesis test (T test) that has been done by the author, the result show that Third-Party Fund has a significant influence to The Amount of Loans, and the Loan to Deposit Ratio (LDR) has a significant influence to The Amount of Loans. On hypotheses simultaneously test (F test), the result shows that Third-Party Funds and Interest Rate of Corporate Loans have a simultaneous effect.
 
 Key words : Third-Party Fund, Loan to Deposit Ratio (LDR) of the Amount of Loans

The Effect of the Credit Deciding Authority Competency and the Effectiveness of Applying the Four Eyes Principle to Minimize Non Performing Loans on Small Medium Enterprise Segment in Pt. Bank Mandiri (Persero) Tbk Region I Sumatera I

This study aims to determine and analyze the influence of the competence of credit decision authority and the effectiveness of the application of the Four Eyes Principle to minimize non-performing loans in the Small Medium Enterprise (SME) segment at PT. Bank Mandiri (Persero) Tbk Region 1 Sumatera 1. The results of this study are expected to be useful input for controlling non-performing loans in the SME segment through developing the competency of authority holders and implementing the Four Eyes Principle as an effort to manage risks that may arise in lending. This research was conducted by distributing questionnaires to all authority holders in Region I Sumatera I consisting of SME and Retail Risk Management Units spread across the Sumatera I Region and 7 Area offices totaling 31 authority holders. In taking the sample of this study using a non-probability sampling method. The results showed that of the 5 factors that make up competence, the sub-variables of nature and character are the components that significantly play a role in the competence of the authority holder in making credit decisions. Whereas the application of the Four Eyes Principle method is the most appropriate risk management strategy in making credit decisions for the SME segment, however, the most suitable Four Eyes Principle is the Symmetry model. In this study, it was also revealed that weak monitoring is also the most important thing that should be the attention of Bank Mandiri to minimize non-performing loans. Keywords: Competence of authority holders, Four Eyes Principle, non-performing loans.

JURIDICAL REVIEW OF THE MERGER PLAN BETWEEN BANK MANDIRI AND BNI IN ANTICIPATION OF GLOBAL COMPETITION IN THE PERSPECTIVE OF CONGLOMERATION AND UNFAIR BUSINESS COMPETITION

Banking is one of the increasingly important economic sectors in Indonesia's economic development, especially in facing the era of free trade and globalization, both as an intermediary between the deficit sector and the supply sector as an agent of development. The planned merger of PT Bank Negara Indonesia Tbk and PT Bank Mandiri Tbk was also put forward by the then Minister of Finance with the aim of enlarging the scale of national banking so that it could be aligned with regional banks so that the Indonesian economy could grow the largest in the Association of South East Asia Nations (ASEAN). Although mergers are generally intended for business development based on increasing efficiency, it cannot be denied that mergers can also have consequences that can affect business competition. Other risks that can arise from the merger plan are financial conglomerates against adverse selection and moral hazard, given the excessive risk taking behavior. Judging from the data, in terms of regulations there is indeed no prohibition for banks in Indonesia to have a subsidiary. However, the practice of financial conglomeration has the potential to give birth to an unfair business competition.

Pengaruh Motivasi Kerja dan Budaya Organisasi terhadap Prestasi Kerja Karyawan PT Bank Mandiri Tbk Cabang Pematang Siantar Sudirman

The Effect of Work Motivation and Organizational Culture on Employee Job Performance of PT. Bank Mandiri Tbk Branch Pematang Siantar Sudirman. The purpose of this study was to determine and analyze the effect of work motivation and organizational culture on employee work performance at PT. Bank Mandiri Tbk. The method used in this study is a survey approach, the type of research is quantitative descriptive and the nature of this research is descriptive explanatory. The method of data collection is done by a list of questions and documentation study. The data analysis method used is multiple linear regression using SPSS software. The results showed simultaneously and partially work motivation and organizational culture had a positive and significant effect on employee work performance. The coefficient of determination (R square) of 0.918 which means that the ability of work motivation (X2) and Organizational Culture (X3) can explain variations of work performance by 91.8% and the remaining 8.2% is influenced by other variables outside of the variables studied.

ANALISIS PENGUKURAN TINGKAT KESEHATAN PERBANKAN SYARIAH DENGAN MENGGUNAKAN METODE CAMEL PADA PT. BANK MANDIRI SYARIAH Tbk.

This study aims to determine the condition of the soundness of banks by way of assessment using the CAMEL method (Capital, Asset Quality, Management, Earning, and Liquidity). CAMEL analysis has five aspects, namely capital aspects using CAR (Capital Adequacy Ratio) ratio, asset quality aspects using KAP (Productive Asset Quality) ratio, management aspects using NPM (Net Profit Margin) ratio, profitability aspect uses ROA (Return on asset ratio) ) and BOPO (Operating Expenses to Operating Income), and Liquidity use the LDR (Loan to Deposit Ratio) ratio. This type of research was a type of quantitative research. Based on the characteristics of the problem raised by the researcher, this study was classified as a quantitative descriptive study. The data used in this study were secondary data obtained indirectly from Bank Syariah Mandiri. The data used were financial statement data (Financial Position Report and Income Statement) of PT. Bank Syariah Mandiri Tbk for three periods, namely 2016 to 2018. In addition, data were obtained from books, journals, internet or other media that support this research. Based on the results of research conducted at PT. Bank Syariah Mandiri Tbk shows that the value of the CAMEL in 2016 was 45.92 with the title NOT HEALTHY, in 2017 it was 45.92 with the NOT HEALTHY rating, and in 2018 was 47.68 with the NOT HEALTHY predicate.

THE EFFECT OF SERVICE QUALITY ON CUSTOMER SATISFACTION AT PT. BANK MANDIRI (PERSERO) TBK. SIDRAP DISTRICT BRANCH

This study aims to determine and analyze how much influence service quality has on customer satisfaction at PT. Bank Mandiri (Persero) Tbk. Sidrap District Branch. The analytical method used in this study is the method of observation, questionnaires, interviews, and documentation with the method of determining the sample used as many as 378 samples, the analytical method used is multiple linear analysis using SPSS version 20. The results show that the strength of the relationship is simultaneously between reliability ( X1), responsiveness (X2), assurance (X3), empathy (X4), and physical evidence (X5) on customer satisfaction (Y) at PT.Bank Mandiri (Persero) Tbk. Sidrap District Branch obtained the value of r = 0.299. This value shows a very strong positive relationship simultaneously between the variables of reliability, responsiveness, assurance, empathy, and physical evidence on customer satisfaction of PT. Bank Mandiri (Persero) Tbk. Sidrap District Branch. The contribution or determination given by the variables of reliability, responsiveness, assurance, empathy, and physical evidence on customer satisfaction is D = (0.299)2 × 100% = 89%. This means that the five independent variables contribute an influence of 89% on customer satisfaction, 11% is influenced by other variables that affect customer satisfaction not included in the study. The regression equation is as follows: Y = 7.951 + 0.066X1 + 0.210X2 + 0.058X3 + 0.119X4 + 0.107X5 + 1.858. The F test shows Farithmetic Ftable then there is a simultaneous significant effect between reliability, responsiveness, assurance, empathy, and physical evidence on customer satisfaction at PT. Bank Mandiri (Persero) Tbk. Sidrap District Branch.

KECERDASAN EMOSIONAL, KOMITMEN ORGANISASI, DANORGANIZATIONAL CITIZENSHIP BEHAVIOR TERHADAP KINERJA PEGAWAI BANK PERSERO

The purpose of this research is to examine the influence and relationship of performance base on three influence such as emotional intelligent, organizational commitment, and organizational citizenship behavior of PT. Bank Mandiri (Persero) Tbk. Cluster area Bekasi Juanda-1. The methods which is used in the research is descriptive and causality respondents involved in this study as many as 75 people. The study used saturated sampling. The data collection is done by spreading questionnaire. And the method for the data analysis in this research is regression which are multiple linear regression using the Statistical Package for Social Science (SPSS) version 24. The result of this research is, emotional intelligent and organizational citizenship behavior has an impact to performance but organizational commitment have no impact to performance.

The Effect of Profitability on Dividend Policy in Indonesian State-Owned Banks

This study is conducted to determine the effect of the profitability variable on dividend policy in Indonesian state-owned banks. The method used in this research is quantitative method using numerical data which are tested using panel data regression analysis. The population of this study is PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Negara Indonesia (Persero) Tbk, PT Bank Tabungan Negara (Persero) Tbk, and PT Bank Mandiri (Persero) Tbk, where the data samples are the financial statements for fiscal year 2011 through fiscal year 2019. The study result is the NPM (profitability) regression coefficient of -0.731653. This value indicates the negative direction on dividend policy. Moreover, the results of t-test obtain a significant level of 0.0409 which is smaller than 0.05 (level of significance). From these results, it can be concluded that profitability which is measured using net profit margin (NPM) has a negative but significant effect on dividend policy (DPR). This means that value of profitability which is measured by the net profit margin (NPM) is not the basis for the number of dividends that will be distributed by the company management to the shareholders.

THE INFLUENCE FROM FINANCIAL PERFORMANCE ON EARNING PER SHARE (EPS) WITH SOUNDNESS LEVEL OF BANKS AS INTERVENING VARIABLE AT BUKU IV BANKS CATEGORY IN INDONESIA

The purpose of this research was to analyze those influence of financial ratios towards earnings per share with soundness level of banks as an intervening variable based on risk-based bank rating method at BUKU IV Banks in Indonesia for the period of 2015-2019. The six banks are PT Bank Mandiri Tbk, PT Bank Rakyat Indonesia Tbk, PT Bank Negara Indonesia Tbk, PT Bank Central Asia Tbk, PT Bank CIMB Niaga Tbk and PT Bank Danamon Indonesia Tbk. This research used secondary data with quantitative approach. Data analysis technique used panel data regression by purposive sampling. The results showed that NPL & GCG had significant negative influence on soundness level of banks and NPL had significant negative impact on EPS. GCG had significant positive influence against EPS, and ROA & CAR did not have significant positive impact towards soundness level of banks & EPS, while soundness level of banks were not found to have significant negative affect to EPS, and soundness level of banks did not mediate NPL, GCG, ROA and CAR in affecting EPS

Pengaruh Capital Adequacy Ratio (CAR), Loan To Deposit Ratio (LDR) dan Non Performing Loan (NPL) Terhadap Return On Asset (ROA) pada PT. Bank Mandiri (Persero) Tbk

This research discusses how Capital Adequacy Ratio, Loan to Deposit Ratio and Non Performing Loan To Return On Asset At PT. Bank Mandiri (Persero) Tbk. This research is quantitative research in looking at the relation of variable to the object being studied more cause and effect. The Population and sample of this research is PT. Bank Mandiri (Persero) Tbk using secondary data of quarterly financial report period of 2007 until 2016. The research data was processed using SPSS 21 with classical assumption test, descriptive statistic and hypothesis test. The results of this research suggest to maintain the bank's function properly and carefully in distributing credit to reduce the high value of NPLs (non-performing loans). Capital reserves need to be considered because the condition of a bank too solvable will make it difficult for the bank itself to gain profit, by reducing the CAR value along to increasing the amount of fund disbursement. Utilize maximally liquidity owned banks to increase LDR by optimum credit channeling. Keywords: Capital Adequacy Ratio, Loan To Deposit Ratio, Non Performing Loan, Return On Asset

An Analysis Bankruptcy Prediction on Stock Price Through Earnings Per Share at PT. Bank Mandiri (Persero) Tbk.

This study aims to measure the effect of bankruptcy predictions on the stock price and earning per share as an intervening variable. The object used is PT. Bank Mandiri (Persero) Tbk. and data used is secondary data containing the company's monthly financial statements from 2016-2019 and stock data from Indonesia Stock Exchange. This study uses path analysis with SPSS program. The results of the study show that bankruptcy predictions have a direct and significant effect on stock prices, and bankruptcy predictions have an indirect and significant effect on stock prices through earnings per share.