Chelsea Tasya Shabila
Program Studi Manajemen Fakultas Ekonomi Dan Bisnis Universitas Pamulang Tangerang Selatan

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The Effect of Operational Efficiency Ratio (BOPO) and Credit Loss Provision (CKPN) on Company Value at PT Bank Negara Indonesia (Persero) Tbk for the Period 2016–2025 Chelsea Tasya Shabila
Escalate : Economics and Business Journal Vol. 4 No. 4 (2026): Escalate : Economics and Business Journal
Publisher : Takaza Innovatix Labs Ltd.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61536/escalate.v4i4.793

Abstract

This study aims to determine the effect of the Operational Efficiency Ratio (BOPO) and Credit Loss Provision (CKPN) on Company Value measured using Price to Book Value (PBV) at PT Bank Negara Indonesia (Persero) Tbk for the period 2016–2025, both partially and simultaneously. The research method used is a quantitative approach with secondary data in the form of BNI's annual financial statements for ten years, which are analyzed using descriptive statistics, classical assumption tests, multiple linear regression, and hypothesis testing through t-tests and F-tests. The results of the study indicate that partially, BOPO does not have a significant effect on PBV (t count -0.623 < t table 2.365; sig. 0.553 > 0.05), as well as CKPN (t count -0.927 < t table 2.365; sig. 0.385 > 0.05). Simultaneously, BOPO and CKPN also did not have a significant effect on PBV (F count 0.964 < F table 4.74; sig. 0.427 > 0.05), which indicates that investors did not make these two ratios the main consideration in assessing the company in this research period.