The Effect of Capital Adequacy and Credit Risk on Profitability With Liquidity as a Mediating Variable in Banking Companies Listed on the Indonesia Stock Exchange for the Period 2021-2023

Zariatun Nasyirah; I Nyoman Nugraha Ardana Putra

doi:10.55927/eajmr.v4i3.29

Authors

Zariatun Nasyirah Department of Management, Faculty of Economics and Business, Mataram University
I Nyoman Nugraha Ardana Putra Department of Management, Faculty of Economics and Business, Mataram University

DOI:

https://doi.org/10.55927/eajmr.v4i3.29

Keywords:

Capital Adequacy, Credit Risk, Profitability, Likuidity

Abstract

The purpose of this study was to determine the effect of capital adequacy and credit risk on profitability with liquidity as a mediating variable. The study's data were examined using the regression analysis method and the sobel test for the mediating variable. The population used in this study is annual data from capital adequacy, credit risk, profitability and liquidity of banks in Indonesia for the period 2021-2023, namely 46 companies. The results of this research are Capital adequacy and credit risk have no significant effect on profitability, while liquidity has a positive and significant effect on profitability. On the other hand, capital adequacy has a significant positive effect on liquidity, while credit risk has a negative effect on liquidity. Capital adequacy also has a significant positive effect on profitability through liquidity, while credit risk has no effect on profitability through liquidity.

References

Akerlof, G. A. (1970). The Market for “Lemons”: Quality Uncertainty and the Market Mechanism. The Quarterly Journal of Economics, 84(3), 488. https://doi.org/10.2307/1879431

Astutiningsih K, A., & Baskara I, G. K. (2019). Pengaruh CAR, DANA PIHAK KETIGA, UKURAN BANK, DAN LDR TERHADAP PROFITABILITAS BPR.

Chandrawati, S., Basri, S., & Dermawan, E. S. (2021). Pengaruh NPL Dan LDR Terhadap Profitability Perusahaan Perbankan Dengan CAR Sebagai Mediasi.

Dan, S., & Sudirgo, T. (2019). Analisis CAR, BOPO, NPL, Dan LDR Terhadap ROA Perusahaan Perbankan.

Dendawijaya, & Lukman. (2009). Manajemen Perbankan.

Dewi, M., Yohanes Wijaya, E., Billyandi, C., Risiko Kredit, P., Likuiditas, R., Pasar, R., Risiko Operasional terhadap Profitabilitas pada Perusahaan Sektor Perbankan, dan, & Tehresia, S. (2021). PENGARUH RISIKO KREDIT, RISIKO LIKUIDITAS, RISIKO PASAR, DAN RISIKO OPERASIONAL TERHADAP PROFITABILITAS PADA PERUSAHAAN SEKTOR PERBANKAN. https://doi.org/10.36418/syntax

Firmanila, F. (2023). Pengaruh Kecukupan Modal, Risiko Kredit, dan Efisiensi Operasional terhadap Profitabilitas Dengan Likuiditas Sebagai Variabel Intervening Pada Bank Pembangunan Daerah Di Indonesia. In Indonesian Journal of Strategic Management (Vol. 6, Issue 1). https://journal.uniku.ac.id/index.php/ijsm

Gautama, B. P., Annisa, R., & Waspada, I. (2018). Pengaruh Kecukupan Modal dan Risiko Kredit Terhadap Likuiditas Pada Bank Umum Syariah Yang Terdaftar di Bank Indonesia. JURNAL PENDIDIKAN AKUNTANSI & KEUANGAN, 6(2), 77. https://doi.org/10.17509/jpak.v6i2.15908

Hasna, D. P., Ariyani, D. S., Ula, L. F., Putri, R. S., & Prayitno, Y. H. (2022). The Effect Of Third-Party Funds And Liquidity (LDR) On Banking Profitability (ROA)(Case Study of BUMN Banks Listed on the Indonesia Stock Exchange From 2012 To 2019).

Hernawati, H., Hariyanto, D., & Safitri, H. (2024, June 28). The Effect Of CAR, NPL And BOPO On ROA With LDR As Intervening Variable. https://doi.org/10.4108/eai.2-8-2023.2340790

Kasmir. (2019). Analisis Laporan Keuangan (Cetakan Keduabelas). PT Raja Grafindo Persada.

Kasmir, B., & Lainnya, L. K. (2014). Manajemen Perbankan Jakarta: PT. RajaGrafindo Persada.

Luh Shintya Anggari, N., & Made Dana, I. (2020). The Effect of Capital Adequacy Ratio, Third Party Funds, Loan to Deposit Ratio, Bank Size on Profitability in Banking Companies on IDX. In American Journal of Humanities and Social Sciences Research. www.ajhssr.com

Maulana, P., Dwita, S., Helmayunita, N., Akuntansi, J., Ekonomi, F., & Padang, U. N. (2021). Pengaruh CAR, NPL, LDR dan BOPO terhadap Return On Assets (ROA) pada Bank Terdaftar di Bursa Efek Indonesia Tahun 2017-2019. In Jurnal Eksplorasi Akuntansi (Vol. 3, Issue 2). Online. http://jea.ppj.unp.ac.id/index.php/jea/index

Mia Muchia Desda, & Mai Yuliza. (2021). Pengaruh Risiko Kredit Terhadap Likuiditas Melalui Perputaran Piutang Pada PT. BPR Swadaya Anak Nagari. WACANA EKONOMI (Jurnal Ekonomi, Bisnis Dan Akuntansi), 20(2), 161–169. https://doi.org/10.22225/we.20.2.2021.161-169

Michael C. Jensen, & William H. Meckling. (1976). Theory of the Firm:Managerial Behavior, Agency Costs and Ownership Structure. A Theory of the Firm. https://doi.org/10.2307/j.ctv22d4ztc.8

Natalia Pardede, D., & Rini Demi Pangestuti, I. (2016). ANALISIS PENGARUH CAR, DANA PIHAK KETIGA (DPK), NIM, dan LDR TERHADAP PROFITABILITAS PERBANKAN DENGAN LDR SEBAGAI VARIABEL INTERVENING. DIPONEGORO JOURNAL OF MANAGEMENT, 5(3), 1–13. http://ejournal-s1.undip.ac.id/index.php/dbr

Nindi, D., Magister, S., Pascasarjana, M., Islam, U., & Kediri, K. (2021). The Effect Of Non Performing Loan, Loan To Deposit Ratio And Third Party Funds On Profitability During The Covid-19 Pandemic In Government Banking (Vol. 21).

Nofita Sari, F., & Endri, E. (2019). Determinants of Return on Assets (ROA) On Conventional Banks Listed On Indonesian Stock Exchange (IDX) Period 2013-2017. 21, 52–62. https://doi.org/10.9790/487X-2104025262

Peling, I. A. A., & Sedana, I. B. P. (2021). THE EFFECT OF CREDIT RISK AND OPERATIONAL RISK ON PROFITABILITY WITH CAPITAL ADEQUACY VARIABLES AS A MEDIATING VARIABLE: A STUDY ON INDONESIAN STATE-OWNED BANKS FOR THE PERIOD OF 2015-2019. Russian Journal of Agricultural and Socio-Economic Sciences, 115(7), 14–27. https://doi.org/10.18551/rjoas.2021-07.02

Ridho, N., Utomo, H., & Trisnawati, R. (2021). Pengaruh CAR, TPF, NPL, dan Bank Size terhadap Profitabilitas Sektor Perbankan di BEI. 13. https://doi.org/10.33747

Rinofah, R., Prima Sari, P., & Lulut Widyastuti, M. (2020). PENGARUH KECUKUPAN MODAL DAN RISIKO KREDIT TERHADAP PROFITABILITAS PADA PERBANKAN DENGAN LIKUIDITAS SEBAGAI VARIABEL INTERVENING.

Rinofah, R., Prima Sari, P., & Lulut Widyastuti, M. (2022). PENGARUH KECUKUPAN MODAL DAN RISIKO KREDIT TERHADAP PROFITABILITAS PADA PERBANKAN DENGAN LIKUIDITAS SEBAGAI VARIABEL INTERVENING.

Sunaryo, D. (2020). IJJM Ilomata International Journal of Management The Effect Of Capital Adequacy Ratio (CAR), Net Interest Margin (NIM), Non-Performing Loan (NPL), and Loan To Deposit Ratio (LDR) Against Return On Asset (ROA) In General Banks In Southeast Asia 2012-2018. Ilomata International Journal of Management, 1(4), 149–158. https://www.ilomata.org/index.php/ijjm

Utami, P., & Tasman, A. (2020). Pengaruh Profitabilitas, Efisiensi Operasional, Kualitas Aset, dan Likuiditas Terhadap Tingkat Kecukupan Modal Pada Sektor Perbankan yang Terdaftar di Bursa Efek Indonesia. Jurnal Ecogen, 3(3), 385. https://doi.org/10.24036/jmpe.v3i3.9915

Widya, P., & Purwanto, K. A. (2019). ANALISIS PENGARUH RISIKO KREDIT TERHADAP PROFITABILITAS. DIPONEGORO JOURNAL OF ACCOUNTING, 8(1), 1–13. http://ejournal-s1.undip.ac.id/index.php/accounting

Wijayani, D. I. L. (2023). Faktor-Faktor yang Mempengaruhi Profitabilitas Bank: Studi pada Perbankan Swasta di Indonesia. Owner, 7(1), 563–575. https://doi.org/10.33395/owner.v7i1.1223

Yokeu Bernardin, D. E., & Chaniago, M. S. (2017). Pengaruh Risiko Kredit Terhadap Likuiditas Melalui Perputaran Piutang Pada Koperasi Harapan Jaya. 1(2).