ROE Variables Research Articles

Bank Specific Factors that Affect Credit Risk

Indonesian’s banking has taken steps to improve financial performance by managing credit risk and supporting economic recovery in 2023, efforts carried out by banks include providing credit and acting as intermediaries with very vulnerable credit risk challenges.This research has purpose to find out which bank spesific internal factor can significantly affect the credit risk in a bank. The independent variables in this study are efficiency, leverage, liquidity, ROA, ROE, solvency, banking spread, banking size, and ownership concentration. While the dependent variable is credit risk using NPL and Z-Score. The study used panel data regression models to test the data collected from 98 banks registered with OJK over three years (2020-2022). The results stated that leverage, ROA, ROE, solvency, bank size, have a positive influence on ZScore, while efficiency, liquidity, and bank spread have no influence on Zscore. The results also show that efficiency and ROA have a positive influence on NPL. Liquidity, ROE, solvency, bank spread, bank size, and ownership concentration variables have an influence on NPLs and leverage has no influence on NPL. Additionally, investors should be able to use this research's insights about company performance to get a general understanding of the credit risk associated with linked companies, which they can use to inform their investment decisions.

Entropy-Conservative Discontinuous Galerkin Methods for the Shallow Water Equations with Uncertainty

In this paper, we develop an entropy-conservative discontinuous Galerkin (DG) method for the shallow water (SW) equation with random inputs. One of the most popular methods for uncertainty quantification is the generalized Polynomial Chaos (gPC) approach which we consider in the following manuscript. We apply the stochastic Galerkin (SG) method to the stochastic SW equations. Using the SG approach in the stochastic hyperbolic SW system yields a purely deterministic system that is not necessarily hyperbolic anymore. The lack of the hyperbolicity leads to ill-posedness and stability issues in numerical simulations. By transforming the system using Roe variables, the hyperbolicity can be ensured and an entropy-entropy flux pair is known from a recent investigation by Gerster and Herty (Commun. Comput. Phys. 27(3): 639–671, 2020). We use this pair and determine a corresponding entropy flux potential. Then, we construct entropy conservative numerical two-point fluxes for this augmented system. By applying these new numerical fluxes in a nodal DG spectral element method (DGSEM) with flux differencing ansatz, we obtain a provable entropy conservative (dissipative) scheme. In numerical experiments, we validate our theoretical findings.

Analysis of Fundamental Factors Affecting Islamic Bank Share Prices in Indonesia

While investing in the stock market can generate profits, it can also generate losses. Understanding the impact of certain important components on stock prices can help investors make more profitable investment decisions. The study investigated the key components that influenced the price of sharia bank Indonesian shares. Secondary data used for research. The information comes from monthly financial statements compiled from June 2018 to December 2020. The study looked at the impact of the shock and long-term response of each variable on the stock price using the Vector Error Correction Model (VECM). In the long run, PER and ROE variables have a positive effect on the stock price, but EPS has a negative effect. Unlike other variables, DER and PBV do not affect the stock price. The main factor is the EPS, which has a big and positive impact on the stock price in the short term. DER and PER have a very negative impact on the value of stocks. PBV has a negative but non-significant impact, while ROE has a positive but not significant impact. Keywords: Fundamental Factor, Stock Price, Vector Error Correction Model

Pengaruh Rasio Keuangan Terhadap Harga Saham Pada Perusahaan Sektor Pertambangan Tahun 2017-2021

This research aims to obtain empirical evidence regarding the influence of financial ratios on stock prices. The population in this research is mining sector companies listed on the Indonesia Stock Exchange (BEI) in 2017-2021. The sampling technique used was purposive sampling so that a total of 70 observations were obtained. The hypothesis test used is multiple linear regression analysis with a significant t test to see the significant level of influence of each variable and the direction of that influence. The research results can explain that the ROE variable has a significantly positive effect on share prices. As well as the DER variable, it has a significant negative effect on stock prices. The ROA variable has a negative influence on share prices and an insignificant effect on share prices. Meanwhile, NPM and QR have a positive influence on share prices and do not have a significant influence on share prices.

Analisis Perbandingan Kinerja Keuangan pada PT Bank Central Asia Tbk Sebelum dan Sesudah Akuisisi PT Bank Interim Indonesia (PT Bank Rabobank International Indonesia)

This research was conducted to investigate whether there are differences in financial performance before and after the acquisition of PT Bank Central Asia Tbk by PT Bank Interim Indonesia (PT Bank Rabobank International Indonesia). The financial ratios used are CAR, ROA, ROE, NIM, BOPO, and LDR. This is a quantitative research with a comparative research design. The data used are secondary data from the quarterly financial reports of PT Bank Central Asia Tbk for a period of 5 years (2018-2022). The data analysis method used is the paired sample t-test and wilcoxon test with the help of SPSS software. The results of the paired sample t-test show that the CAR and LDR variables show significant differences, while the ROA and ROE variables do not show significant differences between the period before and after the acquisition. The wilcoxon test for NIM and BOPO variables shows that the NIM variable shows significant differences, while the BOPO variable does not show significant differences between the period before and after the acquisition.

Impact of Capital Adequacy on Profitability of Commercial Banks in Nepal

Purpose: This study aims to assess the impact of capital adequacy on the profitability of selected commercial banks in Nepal. It specifically measures and evaluates the capital adequacy ratios and profitability ratios of the selected Nepalese commercial banks. Methods: The research employs descriptive and casualcomparative research designs, using a sample of one governmentowned bank and one private sector bank in Nepal. The study analyzes CCR, SCR, and CAR to measure capital adequacy and ROE, ROA, and NPM to measure profitability. Findings: The study finds that the capital position of the commercial banks is adequate according to the capital adequacy framework 2015 and unified directives number one of NRB. However, profitability ratios of the sample Nepalese commercial banks are high but decreasing over the past 10 years. The correlation between ROE and capital adequacy variables is very weakly positive, while the correlation between NPM and capital adequacy variables is weakly positive. However, the correlation between ROA and capital adequacy variables is weakly negative. The regression analysis finds insignificant results, indicating that capital adequacy has not made any significant impact on profitability. Value: The study provides insights into the impact of capital adequacy on the profitability of commercial banks in Nepal, contributing to the understanding of the banking sector in Nepal. It also highlights the decreasing trend in profitability ratios and the insignificant impact of capital adequacy on profitability. Keywords: Capital adequacy, Profitability, Commercial banks, Nepal, CCR, SCR, CAR, ROE, ROA, NPM

LITERATURE REVIEW: THE EFFECT OF SUSTAINABILITY ACCOUNTING ON COMPANY PERFORMANCE

The focus of public attention in recent times has been on companies that have gone public. This can be seen from the economic, environmental and social performance provided by the Company. The environment accompanied by social responsibility is able to encourage performance and reduce the company's risks. This research aims to examine in literature the influence of sustainability accounting on the performance of companies listed on the Indonesian Stock Exchange. This research is descriptive research. This research uses secondary methods with a literature review. The data used is research data from several journals that are relevant to the research conducted. Research using the literature review model will discuss or summarize the thoughts obtained from the author's ideas through reviewing several documents on relevant topics. Based on the results of the literature review, it was found that sustainability accounting in the economic disclosure dimension has no influence on the economic performance of a company. The same thing also happens to the environmental disclosure dimension which has no influence on the company's economic performance. In fact, disclosure of social performance has no effect on financial performance. In this case financial performance is represented by return on Assets (ROA). The same thing happens if company performance is replaced with ROS (return on sales), but social disclosure has an effect on company performance as represented by the ROE variable.

Analisis Pengaruh Struktur Modal dan Kinerja Keuangan Terhadap Nilai Perusahaan Pada Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia Periode 2019-2021

This study aims to analyze the effect of the company's capital structure and financial performance on company value in banking companies listed on the IDX for the 2019-2021 period. This study uses associative, namely research that aims to determine the relationship between two or more variables. The samples used in this study were 28 banking companies listed on the IDX for the period 2019 – 2021. To test the existing hypotheses in the study the researchers used two statistical tests, namely the partial test (T test) and the Simultaneous Test (F Test). The data analysis used in this research is descriptive analysis. Based on the results of the t test, the significance value of the DAR, DER, LDAR, LDER, ROA, and ROE variables was <0.05 and the significance value of the NPL variable was > 0.05. Meanwhile, the results of the f test of all independent variables obtained a significance value of F (0.000) <0.05. The results of the study can be concluded that capital structure and financial performance partially and simultaneously have a significant influence on company value in banking companies listed on the Indonesia Stock Exchange (IDX) for the 2019-2021 period. This research is expected to be one of the additional references for similar research. For further research, other variables may be used which may affect firm value but have not been discussed in this study.

Analysis of Financial Report Performance During a Pandemic COVID-19: Case Study of PT. Bank Negara Indonesia (Persero), Tbk

Purpose: This study aims to determine the financial performance of PT. BNI (Persero) Tbk; the period of 2019, 2020 and 2021 with annual financial reports published in the annual report, OJK, and Bank Indonesia. Design and Methodology: This study uses a descriptive quantitative approach that examines variables in measuring the quality of financial statements before COVID 19 and Post COVID 19 such as ROA, ROE, NPL, and LDR variables. Finding: The results of processing research data such as ROA in 2019-2020, decreased by 1.12% from 2.55% to 1.43% and in the 2020-2021 period increased by 0.05%. Meanwhile, ROE decreased by 10.9 (2019-2020) and in 2020-2021 it increased by 5.86% from 3.96% to 9.82%. NPL gross 2019 was 1.87% then increased by 1.37% in 2020 to 3.24%. Meanwhile, in 2021 NPL gross increased by 0.67% from 3.24% in 2020 to 3.91% in 2021. NPL netto in 2019 was 0.84%, decreased by 0.24% in 2020. Meanwhile, in 2021 the NPL netto experienced a significant increase of 0.31% in 2020 worth 0.60% to 0.91% in 2021. The 2019 LDR of 93.61% experienced a decrease of 4.80% in 2020. Meanwhile, in 2021 LDR performance experienced a slight decrease of 0.61% from 2020 to 88.19% in 2021. Research Implication: Financial performance of PT. BNI (Persero), Tbk. during the COVID-19 pandemic quite affected the financial performance of PT. BNI (Persero), Tbk. where in every financial performance that is examined has decreased. Some of the strategies used by PT. BNI (Persero), Tbk. to suppress the decline in financial performance is by temporarily relocating less productive outlets to productive ones, permanently closing unproductive outlets, taking turns open/closed for adjacent outlets, maintenance collection from credit units. Originality: This comparative study compares financial performance before and after COVID 19.

Reviewing Internal Variables on the Level of Underpricing of IPO Shares (Observation of the Company Go Public on IDX 2021-2022)

This research study was held to examine internal variables that can determine the effect of stock underpricing levels when conducting an IPO (Initial Public Offering) on the IDX (Indonesia Stock Exchange) 2021-2022. Internal factors include ROE and ROA. Research is quantitative and uses secondary data, explanatory research study type, using methods by purposive sampling when determining samples. The novelty of the study can be seen from the overall data and the latest samples used by 64 issuers and the periods used, namely 2022 and 2021. The study used hypothesis testing methods, including multiple linear regression analysis through the help of Eviews (Econometric Views). The source of data used in this study is prospectus data issued by companies or issuers that go public with underwriters. The calculation results obtained partially produce ROE and ROA variables have a significant influence on the level of underpricing in IPO shares, and simultaneous results show that ROE and ROA variables together have a significant effect on the level of underpricing of IPO shares. The result of a positive value coefficient is obtained at the IPO stock underpricing level, then the ROE variable has a negative coefficient and the ROA coefficient is positive, this is interpreted by the increase in the ROE value, the stock underpricing level will decrease and apply to vice versa, and for the ROA variable that has a positive coefficient means that the more the ROA value increases, the stock underpricing level will also increase and vice versa.

Ricuh Skandal Laporan Keuangan : Bagaimana Menilai Kinerja Keuangan PT. Garuda Indonesia,Tbk Menggunanakan Analisis Du Pont?

PT Garuda Indonesia, Tbk is the government's largest airline company, experienced irregularities in its 2018 financial statements which were published stating a profit, while the previous quarter's financial statements reported a loss. This irregularity reaped a polemic which ended with a sanction from the OJK in the form of a fine and the need to restate financial statements. The purpose of this study is to determine the financial performance of PT Garuda Indonesia, Tbk after the restatement using the Du Pont System analysis so that the causes of the ups and downs of the ROE, ROI, NPM and TATO variables as components of the analysis are known, so that the company can prepare the type of strategy taken to avoid severity. The results of the study found that the financial performance of PT Garuda Indonesia Tbk is in an unhealthy condition.

Pengaruh Rasio Profitabilitas, Leverage, dan Nilai Pasar Terhadap Harga Saham Bank Syariah yang terdaftar di Bursa Efek Indonesia Periode Juli 2021 - November 2022

Financial Performance is one of the internal factors that influence the share price of Go Public companies. This study aims to determine the effect of financial performance on stock prices in Islamic banking companies listed on the Indonesia Stock Exchange (IDX) during the period July 2021 – November 2022. This research is a quantitative study. Sampling in this study used a purposive sampling technique in order to obtain 4 companies as research samples. The data used is taken from financial reports published by the IDX and websites of each company as well as stock prices obtained from Ksei.co.id. Data analysis using multiple linear regression data analysis. The results showed that partially the ROA and DER variables had a significant negative effect on stock prices. ROE and BVPS variables have a significant positive effect on stock prices. EPS variable has no effect on stock prices. Simultaneously ROA, ROE, DER, EPS, and BVPS affect the stock prices of Islamic banking companies listed on the IDX. The coefficient of determination (R2) in this study is 0.728, meaning that 72.8% of the variation of all independent variables (ROA, ROE, DER, EPS, BVPS) can explain the dependent variable (stock price), while the remaining 27.2% is explained by other variables not proposed in this study.

Pengaruh Return on Asset, Return on Equity, dan Earning Per Share terhadap Harga Saham pada Perusahaan Tekstil dan Garmen yang Terdaftar di BEI

The purpose of this study was to determine the effect of Return on Assets, Return on Equity and Earning Per Share on Stock Prices in Textile and Garment Companies that are listed on the IDX. The type of research used is quantitative and the data collection technique is library research. The sample used is as many as 5 companies. The data analysis technique used is the multiple linear regression method. The analytical tool used is the SPSS application version 24. The results of this study indicate that the ROA variable has a positive and significant effect on the stock prices of Textile and Garment companies listed on the IDX, the ROE variable has a positive and insignificant effect on stock prices in Textile and Garment companies listed on the Stock Exchange. IDX and EPS variables that have a negative and insignificant effect on stock prices in Textile and Garment companies listed on the IDX.

Differences in Indonesian Banking Financial Performance Before and After OJK Regulation Implementation Concerning Financial Technology

This study aims to analyse differences in banking financial performance in Indonesia before and after the issuance of OJK regulations on financial technology. This research is a quantitative study using a sample of 37 banking companies listed on the Indonesia Stock Exchange. The data used is secondary data obtained from annual reports for the period 2014-2017 before the issuance of OJK regulations and 2018-2021 after the issuance of OJK regulations. The analytical method used is the Wilcoxon Signed Rank Test on the variables ROA, ROE, BOPO, CAR and LDR. The results of this study indicate that the ROA, ROE, and CAR variables have a greater value after the regulation on financial technology, the BOPO variable has a smaller value after the regulation on financial technology and the LDR variable has a smaller value after the regulation on financial technology.

Pengaruh Biaya Lingkungan Terhadap Kinerja KeuanganPerusahaan (Studi Kasus Pada Perusahaan Manufaktur yang Terdaftar di BEI Periode Tahun 2017-2021)

This study aims to examine the effect of applying environtment cost to the company's financial performance. The research sample is manufacturing companies listed on the Indonesia Stock Exchange in the 2014-2018 period. The number of research samples is 40 manufacturing companies. Data analysis uses linear regression analysis.
 The results showed that the application of environtment cost in the form of environmental costs which were proxied by ROA and ROE variables had a positive effect on financial performance. This means that environmental cost variables are in line with stakeholder theory, that is, stakeholders will get broader and more complete information about the company's activities so that the information presented is free from information asymmetry

Analisis Faktor-Faktor yang Mempengaruhi Strutur Modal Pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2017-2021

This study aims to determine what factors influence the capital structure of the sub-sector of manufacturing companies listed on the Indonesia Stock Exchange for the 2017-2021 period. As is well known, the capital structure contained in the company can be measured using several variables that are in accordance with this study, namely by using the ROE, company size (Ln of Total Assets) and profitability (ROA) variables. The subjects of this study are manufacturing companies listed on the Indonesia Stock Exchange for the 2017-2021 period. The companies used as samples in this study are manufacturing companies listed on the Indonesia Stock Exchange for the 2017-2021 period which publish their financial statements every year. This study is a quantitative study with data sourced from the company's financial statements published on the Indonesia Stock Exchange. The results showed the effect of ROE, Firm Size (Ln of Total Assets) and ROA partially and simultaneously on the capital structure. The results of this study are useful for knowing more about the effect of ROE, Firm Size (Ln of Total Assets) and ROA partially and simultaneously on capital structure.

Analisis Perkembangan Kinerja Keuangan dengan Menggunakan Metode Du Pont System pada PT. Mustika Ratu Yang Go Publik di BEI

This study aims to determine the financial performance of PT. Mustika Ratu Tbk, based on the 2012–2016 financial statements. The analytical method used in this study is the Du Pont System analysis method to assess the company's financial performance based on ATO, NPM, ROI, EM and ROE variables. The type of data used is secondary data, and the data source in this study is the financial reports issued by the Indonesia Stock Exchange. The population in this study is the company PT. Mustika Ratu Tbk. This research took five years, from 2012–2016, at PT. Mustika Ratu Tbk, which is listed on the Indonesia Stock Exchange. The research findings show that based on the overall financial performance of the three issuers, it generally fluctuates, so it can be said that the company's financial performance is that of PT. Mustika Ratu Tbk, which is not in good condition.

The Performance of Companies in Assisting the Environment By Issuing Green Bond

Besides as well as a way for companies to raise money and for investors to differentiate their portfolios, as should be one of the purposes of the issuance of Green Bonds to mitigate a decrease in carbon emissions does not accompany climate change, the expansion in the issuance of Green Bonds. The emergence of green bonds evidences investor interest in financial and environmental instruments. The business must continue to operate well to satisfy investor expectations. Using the Purposive Sampling technique, this study examines 89 companies for the impact of several financial parameters on the success of businesses that issue green bonds using panel data regression and multiple linear regression techniques. The findings demonstrated that the factors Equity Multiplier, Total Asset Turnover, and Profit Margin significantly impacted the company’s performance as measured by the ROE variable. The findings also demonstrate that issuers of Green Bonds frequently use their business activities to boost their performance.

PENGARUH MODAL INTELEKTUAL TERHADAP ABNORMAL RETURN SAHAM, TRADING VOLUME ACTIVITY DAN KINERJA KEUANGAN (STUDI PADA PERUSAHAAN PERBANKAN DI BURSA EFEK INDONESIA TAHUN 2015-2021).

This study aims to determine the effect of intellectual capital on abnormal returns, trading volume activity ROA, and ROE in banking companies in 2015-2021. The types of data and data sources used in this study are secondary data obtained from the annual reports of banking companies from 2015-2021. This study uses a sample of 8 banking companies from 2015-2021. Sampling using purposive sampling technique. The data analysis used is descriptive analysis, canonical correlation test, classical assumption test, multiple regression test, and hypothesis testing. From the test results on the four variables, it can be concluded that the intellectual capital variable has a positive effect on the abnormal return, trading volume activity, ROA, and ROE variables. And also the intellectual capital variable has a close relationship with the ROA and ROE variables. These results indicate that by increasing the value of intellectual capital, banking companies can have a competitive advantage so that they can compete with competitors.

The Pengaruh Current Ratio Dan Return On Equity Terhadap Return Saham (Studi Kasus Pada Perusahaan Pertambangan Di Bursa Efek Indonesiaperiode 2017-2021)

Stock returns in mining companies are the results of profits obtained by investors from stock investments made. So that steps to save investors' investment it is necessary to carry out fundamental analysis. One of these analyzes is financial ratios such as the current ratio and return on equity. The purpose of this study is to analyze whether the CR and ROE variables have a partial and simultaneous effect on stock returns. The population used is all mining companies listed on the Indonesia Stock Exchange in 2017-2021 with a sample of 10 companies. This research is quantitative with purposive sampling technique. The data used in the form of financial statements that have been published by the IDX and then processed using SPSS 18. The data is processed using multiple linear regression analysis models. Meanwhile, the hypothesis test was carried out using the T test and F test. The results of this study indicate that partially CR has no significant effect on stock returns, while ROE has a negative effect on stock returns. Meanwhile, simultaneously CR and ROE have a joint effect on stock returns of 19.10%, while the remaining 80.90% is explained by other variables outside the research model.
 Keywords: current ratio, return on equity, stock return