Work

Health Level of Banking Sector Listed on the Indonesia Stock Exchange

Year: 2024
Type: article
Abstract: This study aims to determine the effect of CAR, NPL, NIM, ROA, LDR and PDN on stock prices and also to analyze the soundness of banks by using the CAMELS method to find out if a bank is healthy. CAR, NPL, NIM, ROA, LDR, PDN and stock prices are measured by looking at the financial statements of companies listed on the Indonesia Stock Exchange (IDX) for the 2009-2018 period. The population in this study were 44 banks listed on the Indonesia Stock Exchange (IDX) for the 2009-2018 period. After selection according to the purposive sampling method in the population, there are 26 banking companies that are used as samples. This study used a quantitative method with a descriptive approach to determine the effect between CAR, NPL, NIM, ROA, LDR and PDN on stock prices, using secondary data and data analysis techniques using multiple regression analysis. Based on the results of the study, CAR, LDR and PDN did not significant effect on stock prices. While NPL, NIM and ROA had significant effect on stock prices in banking companies listed on the Indonesia Stock Exchange (IDX) in 2009-2018. The results of the CAMELS analysis show that banking companies listed on the Indonesia Stock Exchange (IDX) for the 2009-2018 period banks are categorized healthy.
Language: English
Subfield: Accounting
Open Access status: diamond
OpenAlex ID: W4409850831
FWCI:
Cites: 12
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Related to: 10