The Effect of Risk Management on Profitability: Empirical Study of Banking Companies Listed in Indonesian Stock Exchange 2019-2023

Ditya Alfiena Ainunnisa, Delvi Oktaviani, Asep Risman

Abstract


This study aims to examine the influence of Capital Adequacy Ratio (CAR), Non-Performing Loans (NPL), and Loan to Deposit Ratio (LDR) on Return on Assets (ROA). The research utilizes a sample of conventional banking companies listed on the Indonesia Stock Exchange (IDX) during the period 2019-2023. The sample selection method used is purposive sampling with a sample of 10 conventional banks. The results indicate that partially, Capital Adequacy Ratio (CAR) and Loan to Deposit Ratio (LDR) do not affect Return on Assets (ROA), while Non-Performing Loans (NPL) have a significant negative influence on Return on Assets (ROA). Risk management can serve as a mechanism to address profitability-related issues by maintaining the company's capital levels, and investors should pay closer attention to industry risks when investing in banking companies.

Keywords


Return on Assets (ROA) Capital Adequacy Ratio (CAR) Non Performing Loans (NPL) Loan to Deposit Ratio (LDR)

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References


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DOI: http://dx.doi.org/10.22441/indikator.v8i3.28287

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