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Pengaruh Return on Assets terhadap Green Banking Development Index, Cost Efficiency Ratio dan Jumlah Uang Beredar terhadap Bank Umum yang Terdaftar di Bursa Efek Indonesia Periode 2020-2025 Ambarwati Ambarwati; Furtasan Ali Yusuf; Kenedi Kenedi
OPTIMAL Jurnal Ekonomi dan Manajemen Vol. 6 No. 3 (2026): September: OPTIMAL: Jurnal Ekonomi dan Manajemen
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/optimal.v6i3.12845

Abstract

 The banking sector plays a strategic role in the national economy, making profitability, as reflected in Return on Assets (ROA), a key concern for management, regulators, and investors. Fluctuations in ROA among commercial banks listed on the Indonesia Stock Exchange (IDX) highlight the need to examine factors influencing bank performance. This study aims to analyze the effect of the Green Banking Development Index (GBDI), Cost Efficiency Ratio (CER), and Money Supply (M2) on ROA, both partially and simultaneously, during the 2020–2025 period. This research employs a quantitative approach using secondary data from banks’ annual financial reports obtained from the IDX and official bank websites. The sample was selected using purposive sampling, resulting in 5 commercial banks with 30 observations. Data were analyzed using panel data regression with the Random Effect Model (REM). The results of the partial test (t-test) show that GBDI does not have a significant effect on ROA, while CER and Money Supply (M2) have significant effects. The simultaneous test (F-test) indicates that GBDI, CER, and M2 jointly have a significant effect on ROA. The Adjusted R-squared value of 28.54% shows that these variables explain part of the variation in ROA, while 71.46% is influenced by other factors outside the model.
Co-Authors Ade Manggala Hardianto, Ade Manggala Adelia Falina Andini Agung Nurfalah Agus Syabarudin Agustin, Nungki Agustina Ahmad Heryadi Alsyauqi, Abdurrahman Daf'a Ambarsari, Yuke Ambarwati Ambarwati Amirah, Mira Andini Mahdaniyah Aniatul Agustini Anis Fauzi Anis Fauzi, Anis Anjar Rahmulyana Anwar Malik Aramiko Kayanie Nenden Atryana Ardhianto, Rhiza Alfian Arum, Siti Aryati Aryati Asti Khotimah Astutiningsih Astutiningsih, Astutiningsih Auliana, Sigit Ayu Nuryani B. Herawan Hayadi B.H. Hayadi B.Herawan Hayadi Baihaki Baihaki Bambang Herawan Hayadi Basrowi Basrowi Basrowi Bornin Medan, Ridski Budi Ilham Maliki Cahya, Kamilah Dede Kurnia Dede Nurhasanah Denisa Fitriya 'Uzzahra Desy Aryani Devi Delawati Dewi Surani Diana Romdhoningsih Dwi ASTUTI Dwiastuti, Dwiastuti Dwiputri, Nadia Mutiara Edi Roseno Eka Noviani Lestari Eko Prasetyo Elip Gozali Roihan Eman Diantoro Endang Purwaningsih Engkos Kosasih Erwin Nauval Erwin Nauval Abdurrahman Eva Aqilah Abu Jalil Evi Gustini Fahlevi, Gema Fahmi Ramdani Fajar Fajar Fajari, Laksmi Evasufi Widi Fakhrul Arifin, Fakhrul Fatari Fatayatul Munsiyah fatimah Fatimah Hadi Kurniawanto Halabi, Ahmad Hamidah Hamidah Haris Ibnu Zaki Hayadi, Bambang Herawan Hayadi, Herawan Hayatul Masquroh Hendrawati, Tuti Heni Pujiastuti Hojali, Lili Ihlas Ahmad Subarkah Imam Maulana Putra Irawati Irawati Irma Nurmala Dewi Ishak Saut Parulian L. Tobing Jaka Wijaya Kusuma Jayadi, B. Herawan Jonny Erik Antonius Sinaga Juhriah Juhriah, Juhriah Jumadi Jumadi Junaesih, R. Kardi Kardi Kartini Kartini Kenedi, Kenedi khaerul ikhwan Laksmi Evasufi Widi Fajari Luda Sofiah Lutfi, Angga Sofyan M Haidar Husein M. Fridho Hermawan Ma'rip, Syamsul Mad Uma Maharani, Adella Mahdi, Ahmad Mahmud, Amir Mahmud Mahpudoh Mahpudoh Masquroh, Hayatul Masriyadi Masriyadi Matlaul Anwar Mela Pebriana Sari Mochamad Saefullah Muadifah, Muadifah Muafidah, Muafidah Muhatta Muhatta Mulyadi, Dadi Munawaroh Musadad Musadad Musaffa, Tubagus Fiki Fahlaifi Mutoharoh Mutoharoh Mutoharoh Mutoharoh Nani Darliah Nani Darliyah Naseh Naseh Nindya Jeni Prastika Nono Suhada Novia Anggelina Nuniek Permata Nurasyiah Nurasyiah Nurbaity Nurbaity Nurul Dewi hayati Nuryati Nuryati Ovi Sakti Cahyaningtyas P. Eko Prasetyo Pahliana, Siti Phillip G. Queroda Purnamanudin, Ic Indra Puspadina, Mafida Puspita Dewi Mayangsari Qotrun Nada, Zanuba R. Junaesih Rahmat Hidayat Rahmat Sudiyono Rahmulyana, Anjar Raman Raman Raman Raman Raman, Raman Ratu Hamdah Pujiasih Ratu Raida Fathiyya Adilla Rizqon Nujuludin Rjunaesih, Rjunaesih Rohim, Rouf Romli Gafur Rosi Novelia Saepudin Saepudin Safa'ah, Siti Sagina, Yunica Marsha Samsul Bahri Sanudin Sanudin Saprudin Saprudin Sari, Gema Ika Sembiring, Rinawati Sepriyanti, Sepriyanti Siti Arofa Siti Juariyah Siti Malihatun Siti Muzdalifah Siti Rodiyah Siti Rodiyah Sri Nuraida Sri Rahayu Sangra Dempo Sri Sukmawati Suganda, Ahmad Sugeng Santoso Suheli Suheli Suheri Suheri Suheti, Suheti Suirat, Suirat Sumiyati SUMIYATI SUMIYATI Suparmoko, Muhamad Supriyadi Supriyadi Surani, Dewi Suseno, Bambang Dwi Susilo Purnaman Suwarni Suwarni Syadely Hanafi Syamsiar, Syamsiar Syamsul Hidayat SYAMSUL HIDAYAT Syifa Firdiani Tabroni Tia Fitria Saumi Toyibah, Toyibah Tubagus Riki F.I Tuti Alawiah Uli Wildan Nuryanto Umalihayati Umalihayati Uniba, Muadifah Usep Usep Veronika Joan Jasmine Vina Sudistiana Wahdi, Adi Wahyuni, Raden Budi Wawan Saputra Wiwik Handayani Wiwik Novianawati Yuke Ambarsari Yuningsih, Yuyun Yustiva, Fitriyatul