Jurnal Ekonomi : Journal of Economic
Vol 14, No 01 (2023): Jurnal Ekonomi : Journal of Economic

PENGARUH CAMEL TERHADAP HARGA SAHAM SUB SEKTOR PERBANKAN YANG TERDAFTAR DI BEI SEBELUM & SELAMA PANDEMI




Article Info

Publish Date
07 Jun 2023

Abstract

This study aims to determine the effect of CAMEL on stock price in the banking sub sector listed on the Indonesia Stock Exchange in the period before pandemic and during pandemic (period 2019-2020). CAMEL ratio used in this study is CAR to measure capital aspect, NPL to measure assets quality aspect, NPM to measure management aspect, BOPO to measure earnings aspects, and LDR to measure liquidity aspect. This study is a quantitative research and uses secondary data which includes banking sub sector which are consistently listed on the Indonesia Stock Exchange and does not suffer any losses during 2019-2020 period. Data collection technique is purposive sampling and obtained a sample of 31 banking companies. The data analysis technique that is used is the multiple linear regression analysis and parametric different test used is paired sample t-test. The result of hypothesis testing show that (1) CAR, NPL, and LDR do not have effects on stock price but have significant difference between before (2019) and during the pandemic (2020) period, (2) NPM does not have an effect on stock price, and has not significant difference between before (2019) and during the pandemic (2020) period, and (3) BOPO have a significant negative effect on stock price but have significant difference between before (2019) and during the pandemic (2020) period.

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Journal Info

Abbrev

Eko

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of research on Economic and Business manuscripts in the areas: - Marketing - Finance Management - Strategic Management - Operation Management - Human Resource Management - Financial and Accounting - Management ...