ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI FINANCIAL DISTRESS PADA PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA
DOI:
https://doi.org/10.12928/j.reksa.v7i2.2797Keywords:
Financial Distress, Financial Ratios, Capital Structure, Altman MethodAbstract
This study aims to examine whether financial ratios have an influence on financial distress. The dependent variable in this study is financial distress which is measured using a dummy variable. The independent variables in this study are CAR, NPL, ROA, ROE and capital structure. In addition, this study also uses the Altman model to determine the level of bankruptcy in banks This study also uses dummy variables to find out which banks are healthy and unhealthy. Hypothesis testing of this study was carried out using logistic regression analysis. This study provides statistical results that show that the CAR has a negative and significant effect on financial distress, ROA has a negative and significant effect on financial distress and the capital structure has a positive and significant effect on financial distress. Whereas NPL and ROE do not have an influence on financial distress.References
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Almilia, Luciana Spica dan Winny Herdiningtyas. 2005. “Analisis Rasio CAMEL terhadap Prediksi Kondisi Bermasalah pada Lembaga Perbankan Perioda 2000-2002â€. Jurnal Akuntansi dan Keuangan, Vol. 7, No. 2, November, 131-147.
Altman, Edward I. 1968. “Financial Ratios, Discriminant Analysis and The Prediction of Corporate Bankruptcyâ€. Journal of Finance, 23, 589-609.
Amalia, Nilna Izza dan Ronny M. Mardani. 2018. “Analisis Rasio Keuangan terhadap Financial Distress pada Perusahaan Perbankan yang Listing di BEI Periode Tahun 2014- 2016â€. Jurnal Ilmiah Riset Manajemen, Vol. 7, No. 9, 51-63.
Asnita, Rozza dan Raida Fuadi. 2016. “Analisis Perbandingan Prediksi Kebangkrutan Perusahaan dengan Menggunakan Multivariate Discriminant Analysis dan Regresi Logistik pada Perusahaan Pertambangan Batubara Periode 2010-2014â€. Jurnal Ilmiah Mahasiswa Ekonomi Akuntansi (JIMEKA), Vol. 1, No. 1, 230-246.
Audina, Bella Puspita dan Sufyati. 2018. â€Pengaruh Financial Leverage, Struktur Modal, dan Total Asset Growth terhadap Financial Distress pada Perusahaan Subsektor Pulp dan Kertas yang Terdaftar di Bursa Efek Indonesiaâ€. Jurnal Ilmu Manajemen, Vol. 2, No. 2, 9-18.
Bank Indonesia. 2011. Peraturan Bank Indonesia Nomor: 13/1/PBI/2011 tentang Penilaian Tingkat Kesehatan Bank Umum.
Bestari, Adistya Rizki dan Abdul Rohman. 2013. “Pengaruh Rasio CAMEL dan Ukuran Perusahaan terhadap Prediksi Kondisi Bermasalah pada Sektor Perbankanâ€. Diponegoro Journal of Accounting, Vol. 2, No. 3, 1-9.
Christiana, K. dan Imam Ghozali. 2013. “Analisis Pengaruh Rasio CAMEL dalam Memprediksi Financial Distress Perbankan Indonesiaâ€. Diponegoro Journal of Accounting, Vol. 2, No. 4, 11-22.
Ghozali, Imam. 2016. Aplikasi Analisis Multivariate dengan Program SPSS. Semarang: Badan Penerbit Universitas Diponegoro.
Isabella, Dhani Permata dan Gde Satia Utama. 2017. “Pengaruh Pertumbuhan Perusahaan, Struktur Modal, dan Profitabilitas terhadap Nilai Perusahaanâ€. Jurnal Riset Akuntansi dan Bisnis, Vol. 2, No. 1, 135-148.
Jensen, Michael C., dan Meckling, William, H. 1976. "Theory of The Firm: Managerial Behavior, Agency Costs and Ownership Structure". Journal of Financial Economics, 3, 305-360.
Myres, Stewart C., dan Nicholas S. Majluf. 1984. “Corporate Financing and Investment Decisions When Firms Have Information That Investors Do Not Haveâ€. Journal of Financial Economics, Vol. 13, No. 2, Pp. 187-221.
Nugroho, Vidyarto. 2012. “Pengaruh CAMEL dalam Memprediksi Kebangkrutan Bankâ€. Jurnal Akuntansi, Vol. XVI, No. 01, Januari, 145-161.
Platt, Harland D dan Marjorie B. Platt. 2006. “Understanding Differences Between Financial Distress and Bankruptcyâ€. Review of Applied Economics, Vol. 2, No. 2, 141-157.
Putri, Melinda Dwi, dan Dwi Susilawati. 2018. “Analisis Kinerja Keuangan dan Financial Distress pada Bank Asing dan Bank Umum Swasta Nasional Devisa di Indonesiaâ€. Jurnal Ilmu Ekonomi, Vol. 2 No. 2, 274 – 282.
Republik Indonesia.1998. Undang-Undang Nomor 10 Tahun 1998 tentang Perbankan.
Riyanto, Bambang. 2001. Dasar-dasar Pembelanjaan Perusahaan, Edisi Keempat. Yogyakarta : BPFE.
Septiani, Ni Made Inten dan I Made Dana. 2019. “Pengaruh Likuiditas, Leverage, dan Kepemilikan Institusional terhadap Financial Distress pada Perusahaan Property dan Real Estateâ€. Jurnal Manajemen, Vol. 8, No. 5, 22-35.
Taswan. 2008. Akuntansi Perbankan: Transaksi dalam Valuta Rupiah. Yogyakarta: UPP AMP YKPN.
Whitaker, R.B. 1999. “The Early Stages of Financial Distress. Journal of Economics and Financeâ€. 23 (2): 123-132.
Almilia, Luciana Spica dan Winny Herdiningtyas. 2005. “Analisis Rasio CAMEL terhadap Prediksi Kondisi Bermasalah pada Lembaga Perbankan Perioda 2000-2002â€. Jurnal Akuntansi dan Keuangan, Vol. 7, No. 2, November, 131-147.
Altman, Edward I. 1968. “Financial Ratios, Discriminant Analysis and The Prediction of Corporate Bankruptcyâ€. Journal of Finance, 23, 589-609.
Amalia, Nilna Izza dan Ronny M. Mardani. 2018. “Analisis Rasio Keuangan terhadap Financial Distress pada Perusahaan Perbankan yang Listing di BEI Periode Tahun 2014- 2016â€. Jurnal Ilmiah Riset Manajemen, Vol. 7, No. 9, 51-63.
Asnita, Rozza dan Raida Fuadi. 2016. “Analisis Perbandingan Prediksi Kebangkrutan Perusahaan dengan Menggunakan Multivariate Discriminant Analysis dan Regresi Logistik pada Perusahaan Pertambangan Batubara Periode 2010-2014â€. Jurnal Ilmiah Mahasiswa Ekonomi Akuntansi (JIMEKA), Vol. 1, No. 1, 230-246.
Audina, Bella Puspita dan Sufyati. 2018. â€Pengaruh Financial Leverage, Struktur Modal, dan Total Asset Growth terhadap Financial Distress pada Perusahaan Subsektor Pulp dan Kertas yang Terdaftar di Bursa Efek Indonesiaâ€. Jurnal Ilmu Manajemen, Vol. 2, No. 2, 9-18.
Bank Indonesia. 2011. Peraturan Bank Indonesia Nomor: 13/1/PBI/2011 tentang Penilaian Tingkat Kesehatan Bank Umum.
Bestari, Adistya Rizki dan Abdul Rohman. 2013. “Pengaruh Rasio CAMEL dan Ukuran Perusahaan terhadap Prediksi Kondisi Bermasalah pada Sektor Perbankanâ€. Diponegoro Journal of Accounting, Vol. 2, No. 3, 1-9.
Christiana, K. dan Imam Ghozali. 2013. “Analisis Pengaruh Rasio CAMEL dalam Memprediksi Financial Distress Perbankan Indonesiaâ€. Diponegoro Journal of Accounting, Vol. 2, No. 4, 11-22.
Ghozali, Imam. 2016. Aplikasi Analisis Multivariate dengan Program SPSS. Semarang: Badan Penerbit Universitas Diponegoro.
Isabella, Dhani Permata dan Gde Satia Utama. 2017. “Pengaruh Pertumbuhan Perusahaan, Struktur Modal, dan Profitabilitas terhadap Nilai Perusahaanâ€. Jurnal Riset Akuntansi dan Bisnis, Vol. 2, No. 1, 135-148.
Jensen, Michael C., dan Meckling, William, H. 1976. "Theory of The Firm: Managerial Behavior, Agency Costs and Ownership Structure". Journal of Financial Economics, 3, 305-360.
Myres, Stewart C., dan Nicholas S. Majluf. 1984. “Corporate Financing and Investment Decisions When Firms Have Information That Investors Do Not Haveâ€. Journal of Financial Economics, Vol. 13, No. 2, Pp. 187-221.
Nugroho, Vidyarto. 2012. “Pengaruh CAMEL dalam Memprediksi Kebangkrutan Bankâ€. Jurnal Akuntansi, Vol. XVI, No. 01, Januari, 145-161.
Platt, Harland D dan Marjorie B. Platt. 2006. “Understanding Differences Between Financial Distress and Bankruptcyâ€. Review of Applied Economics, Vol. 2, No. 2, 141-157.
Putri, Melinda Dwi, dan Dwi Susilawati. 2018. “Analisis Kinerja Keuangan dan Financial Distress pada Bank Asing dan Bank Umum Swasta Nasional Devisa di Indonesiaâ€. Jurnal Ilmu Ekonomi, Vol. 2 No. 2, 274 – 282.
Republik Indonesia.1998. Undang-Undang Nomor 10 Tahun 1998 tentang Perbankan.
Riyanto, Bambang. 2001. Dasar-dasar Pembelanjaan Perusahaan, Edisi Keempat. Yogyakarta : BPFE.
Septiani, Ni Made Inten dan I Made Dana. 2019. “Pengaruh Likuiditas, Leverage, dan Kepemilikan Institusional terhadap Financial Distress pada Perusahaan Property dan Real Estateâ€. Jurnal Manajemen, Vol. 8, No. 5, 22-35.
Taswan. 2008. Akuntansi Perbankan: Transaksi dalam Valuta Rupiah. Yogyakarta: UPP AMP YKPN.
Whitaker, R.B. 1999. “The Early Stages of Financial Distress. Journal of Economics and Financeâ€. 23 (2): 123-132.
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2020-08-30
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