Pengaruh Kepemilikan Pemerintah Terhadap Kinerja Keuangan...

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Main Onganisen I'IISTITUT MAI{AJEMEN TFT T('r}TT

Transcript of Pengaruh Kepemilikan Pemerintah Terhadap Kinerja Keuangan...

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Main Onganisen

I'IISTITUT MAI{AJEMEN

TFT T('r}TT

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YudiWahyudiHoesen,M.Sienly Veronica

UniversitasKristenMaranatha

Pengaruh Kinerja Keuangan Debitur Sektor

Korporasi Terhadap Besarnya Persentase

Pemberian Kredit Modal Kerja Di Bank Bjb

Pada Tahun 2010

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Universitaslslam

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Yoevakarta

Pengaruh Kebijakan Aktivitas Terhadap

Profitabilitas Dan Nilai Perusahaan Pada

Perusahaan Manufaktur Di BEI

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Universitaslslam

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MuhammadNadratuzzamanHosen,Rafika Rahmawati

Universitaslslam NegeriJakarta

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Bina Husada,

UniversitasSriwijaya,

Pengaruh Rasio Keuangan Terhadap

Perubahan Laba Pada Bank Syariah Di

lndonesia

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Lia SyukriyahSa'roni

UIN SyarifHidayatullahJakarta

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4T

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Universitaslslam

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Yosvakarta

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HendraPungkaswara

Supatmi

UniversitasKristenSatya

Wacana

Pengaruh Kepemilikan Pemerintah Terhadap

Kinerja Keuangan Perbankan (Studi Pada

Bank Umum Di lndonesia Periode Tahun

2006-2008)

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Pengaruh Kepemilikan Pemerintah Terhadap Kinerja Keuangan

Perbankan (Studi Pada Bank Umum di Indonesia Tahun 2006-2008)

Hendra Pungkaswara

Supatmi

Universitas Kristen Satya Wacana, Salatiga

[email protected]

Abstract

The ownership is one of critical issues in corporate governance mechanism. In the

bank industries, government ownership will influence the financial performance of the banks.

Micco et. al (2004) and La Porta et. al (2002) find that state owned banks in the developing

countries have lower financial performance than the private banks. In the other side, D’Souza

et. al (2007) and Bikram (2003) find that government ownership have positive impact to bank

financial performance. So, this research aims to find out the influence of government

ownership to the financial performance of Indonesian banking.

This research uses commercial banks in Indonesia period 2006-2008 as population.

According to purposive sampling method, there are 314 commercial banks as the research

samples. The data in this research are based from commercial banks financial statements

obtained from the Indonesia Banking Directory books in period 2008-2010. Dependent

variables in this research are the financial performance of commercial banks measured by

capital adequacy ratio (CAR), non performing loans (NPL), net profit margin (NPM), return

of assets (ROA), operating expenses to operating income ratio (BOPO), and loan to deposit

ratio (LDR), that representing CAMEL aspects. This research use government ownership as

independent variable that measured with a proportion of government-owned shares to total

shares outstanding banking, and use firm size, firm age, and global crisis time as control

variables. Hypothesis in this research was tested by multiple linear regression tests using the

Weighted Least Square method.

This research find that government ownership influence to financial performances of

banks measured by CAR, NPM, ROA, BOPO, and LDR, but has no influence toward NPL

ratio. The government ownership has a significant negative influence to the ratio of CAR,

BOPO, and LDR, and a significant positive influence to the ratio of NPM and ROA. The

result also proves that firm size, firm age, and global crisis time as control variables in this

research.

Keywords: Government Ownership, Financial Performance, Commercial Bank.