Profitability as a mediator for the effect of capital structure and financing risk on the value of Islamic commercial banks in Indonesia

Khasanah, An Nisa Uswatun and Aisyah, Esy Nur (2022) Profitability as a mediator for the effect of capital structure and financing risk on the value of Islamic commercial banks in Indonesia. TIFBR (Tazkia Islamic Finance and Business Review), 16 (2). pp. 64-79. ISSN 2460-0717

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Abstract

The existence of competition between banks in Indonesia makes all conventional and Islamic banking sectors must continue to strive to stabilize their finances and company values. The value of the company can be influenced by several factors, the value of the company itself can also be seen from the acquisition of the price of the shares owned. This study aims to test the effect or not of DER, DAR and NPF through mediation by profitability (return on assets). This study used an explanatory quantitative method with a sample of 6 Sharia Commercial Banks that met the research criteria. The data analysis used is SPSS 25 and SmartPLS 3. The result of this study is that the three variables DER, DAR and NPF did not have a significant effect on EVA and also ROA. ROA is also unable to mediate the influence of the three free variables on their bound variables.

Item Type: Journal Article
Keywords: firm value; DER; DAR; NPF; ROA
Subjects: 15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1502 Banking, Finance and Investment > 150201 Finance
Divisions: Faculty of Economics > Department of Islamic Banking
Depositing User: Esy Nur Aisyah
Date Deposited: 29 Apr 2023 18:43

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