PENGARUH KINERJA KEUANGAN TERHADAP RISIKO KEBANGKRUTAN BANK UMUM SYARIAH DI INDONESIA (METODE ALTMAN Z-SCORE MODIFIKASI PERIODE 2011-2017)

Luluk Afiqoh (Program Studi Ekonomi Islam, Faklutas Ekonomi dan Binis, Universitas Airlangga)
Nisful Laila (Departemen Ekonomi Syariah, Faklutas Ekonomi dan Binis, Universitas Airlangga)

Jurnal Ekonomi dan Bisnis Islam
Vol. 4 No. 2 (2018): JULI-DESEMBER 2018

This research aims to find out the influence of financial performance measured using the Capital Adequacy Ratio variable, Financing to Deposit Ratio, Leverage, Bank Size, Loan to Asset Ratio and Return on Assets to the risk of sharia bank bankruptcy in Indonesia calculated using the Altman Z-Score method Modification. This study uses a quantitative approach with panel data regression analysis techniques. The results of this study show partially the variable Capital Adequacy Ratio, Financing to Deposit Ratio, Bank Size has a significant positive effect, the variable Loan to Asset Ratio Leverage has a significant negative effect, and Return on Asset has a positive and insignificant effect. Nevertheles the variable Capital Adequacy Ratio, Financing to Deposit Ratio, Leverage, Bank Size, Loan to Asset Ratio and Return on Asset have a significant effect on the value of Altman Z-Score as a measure of the risk of bankruptcy in Islamic commercial banks in Indonesia.Keywords: Financial Performance, Islamic Commercial Bank, Risk of Bankruptcy, Altman Z-Score Modification