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Journal : Journal of Financial Economics

PENGARUH RASIO KEUANGAN TERHADAP FINANCIAL DISTRESS DENGAN PENDEKATAN SPRINGATE (S-SCORE) Ayundasari, Vina; Kurniawati, Eris Tri
Journal of Financial Economics & Investment Vol. 4 No. 3 (2024): Journal of Financial Economics & Investment
Publisher : Program Studi Ekonomi Pembangunan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22219/jofei.v4i3.34148

Abstract

Prediction analysis results financial distress can be used to minimize losses for internal or external parties as a result of bankruptcy experienced by the company, as well as predicting the continued existence of the company concerned. The aim of this research is to analyze the influence of liquidity ratios, profitability ratios, non-performing credit ratios and effectiveness ratios on financial distress. The population in this research is Sharia People's Financing Banks (BPRS) in East Java which are registered with the Financial Services Authority in 2018-2022. The data analysis method for this research uses panel data regression analysis. Based on research results regarding the influence of liquidity ratios, profitability ratios, non-performing credit ratios and effectiveness ratios on financial distress at BPRS in East Java. The liquidity ratio has a positive and insignificant effect on financial distress. The profitability ratio has a positive and significant effect on financial distress. The non-performing loan ratio has a negative and insignificant effect on financial distress. The effectiveness ratio has a negative and significant effect on financial distress.
PENGARUH SIZE DAN DIGITAL BANKING TERHADAP ROE DENGAN BOPO SEBAGAI VARIABEL MEDIASI Afkarina, Izza; Tri Kurniawati, Eris
Journal of Financial Economics & Investment Vol. 6 No. 1 (2026): Journal of Financial Economics & Investment
Publisher : Program Studi Ekonomi Pembangunan

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Abstract

This study analyzes the effect of SIZE and digital banking on ROE with BOPO as a mediating variable, with digital banking proxied by the adoption of digital services (electronic money). The research sample consists of 7 Category 4 banks registered with the OJK with complete quarterly financial reports for the 2021–2024 period, yielding 112 observations. The analysis method used Structural Equation Modeling (SEM). The research results show that the mediation test indicates that operational efficiency does not mediate the relationship between bank size and profitability, while digital banking mediates the relationship between bank size and operational efficiency, but does not mediate the relationship between bank size and profitability. These findings indicate that the contribution of digital banking is more dominant in increasing operational efficiency than its direct impact on profitability, thus requiring a sustainable digitalization strategy to support long-term financial performance.