Pengaruh Tingkat Kesehatan Bank KBMI III Menggunakan RGEC Model Terhadap Kinerja Saham Periode 2020-2024

Abstract

Penelitian ini menguji pengaruh penilaian tingkat Kesehatan Bank melalui model RGEC (Risk, Governance, Earnings, & Capital) terhadap kinerja saham pada bank KBMI III periode 2020-2024. Indikator pada RGEC meliputi Non performing Loan (NPL), Loan to Deposit Ratio (LDR), Good Corporate Governance (GCG), Return on Assets (ROA), dan Capital Adequacy Ratio (CAR). Kinerja saham diukur dengan Price to Book Value Ratio (PBV). Penelitian kuantitatif ini menggunakan data sekunder dari 10 bank KBMI III yang terdaftar di Bursa Efek Indonesia, dengan metode purposive sampling. Analisis data dilakukan menggunakan regresi data panel. Hasil penelitian menunjukkan indikator RGEC berpengaruh simultan terhadap kinerja saham. Secara parsial, GCG dan ROA berpengaruh positif, LDR berpengaruh negatif, sedangkan NPL dan CAR tidak berpengaruh signifikan terhadap kinerja saham.

This study examines the effect of Bank Health Level through the RGEC model (Risk, Governance, Earnings, Capital) on stock performance in KBMI III banks during the 2020-2024 period. The RGEC indicators include Non-performing Loan (NPL), Loan to Deposit Ratio (LDR), Good Corporate Governance (GCG), Return on Assets (ROA), and Capital Adequacy Ratio (CAR). Stock performance is measured using the Price to Book Value Ratio (PBV). This quantitative study uses secondary data from 10 KBMI III banks listed on the Indonesia Stock Exchange, selected by purposive sampling. Data analysis was conducted using panel data regression. The results show that RGEC indicators simultaneously affect stock performance. Partially, GCG and ROA have a positive effect, LDR has a negative effect, while NPL and CAR do not have a significant effect on stock performance.