Financial Performance On Firm Value Mediated By Islamic Performance At Islamic Commercial Banks In Indonesia

This research aims to prove the influence of financial performance on company value, which is mediated by Islamic performance. The method used is panel data regression and path analysis using secondary data from Islamic commercial bank's (ICBs) annual reports in Indonesia. The population in thi...

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Main Authors: Gn Qoda'ah, Abdurrahman Abdurrahman
Format: Article
Language:English
Published: LPPM Institut Syariah Negeri Junjungan (ISNJ) Bengkalis 2023-10-01
Series:Jurnal Perbankan Syariah
Subjects:
Online Access:https://ejournal.stiesyariahbengkalis.ac.id/index.php/jps/article/view/1304
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author Gn Qoda'ah
Abdurrahman Abdurrahman
author_facet Gn Qoda'ah
Abdurrahman Abdurrahman
author_sort Gn Qoda'ah
collection DOAJ
description This research aims to prove the influence of financial performance on company value, which is mediated by Islamic performance. The method used is panel data regression and path analysis using secondary data from Islamic commercial bank's (ICBs) annual reports in Indonesia. The population in this research is ICBs in Indonesia registered with the Financial Services Authority (FSA) in 2017-2021, totaling 14 ICBs. The sampling technique uses purposive sampling to obtain a sample of 10 ICBs. The research results prove that return on assets (ROA) and capital adequacy ratio (CAR) partially have a positive effect on the sharia maqashid index (SMI). Operational cost operational income (OCOI) partially does not affect SMI and firm value. CAR and SMI partially have a positive effect on firm value. ROA partially does not affect firm value. SMI can mediate the influence of ROA and CAR on firm value, but SMI cannot mediate the influence of OCOI on firm value. This research can complement existing theories and be a reference for Islamic banking in improving the implementation of SMI indicators and for the government in designing Islamic banking performance measurement models integrated with SMI indicators.
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publishDate 2023-10-01
publisher LPPM Institut Syariah Negeri Junjungan (ISNJ) Bengkalis
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spelling doaj-art-37a4f21389814fa2bf8a97e570db9fd32025-08-20T03:20:29ZengLPPM Institut Syariah Negeri Junjungan (ISNJ) BengkalisJurnal Perbankan Syariah2721-62412721-70942023-10-014219321210.46367/jps.v4i2.13041304Financial Performance On Firm Value Mediated By Islamic Performance At Islamic Commercial Banks In IndonesiaGn Qoda'ah0Abdurrahman Abdurrahman1Universitas Esa Unggul, Jakarta Barat, IndonesiaUniversitas Esa Unggul, Jakarta Barat, IndonesiaThis research aims to prove the influence of financial performance on company value, which is mediated by Islamic performance. The method used is panel data regression and path analysis using secondary data from Islamic commercial bank's (ICBs) annual reports in Indonesia. The population in this research is ICBs in Indonesia registered with the Financial Services Authority (FSA) in 2017-2021, totaling 14 ICBs. The sampling technique uses purposive sampling to obtain a sample of 10 ICBs. The research results prove that return on assets (ROA) and capital adequacy ratio (CAR) partially have a positive effect on the sharia maqashid index (SMI). Operational cost operational income (OCOI) partially does not affect SMI and firm value. CAR and SMI partially have a positive effect on firm value. ROA partially does not affect firm value. SMI can mediate the influence of ROA and CAR on firm value, but SMI cannot mediate the influence of OCOI on firm value. This research can complement existing theories and be a reference for Islamic banking in improving the implementation of SMI indicators and for the government in designing Islamic banking performance measurement models integrated with SMI indicators.https://ejournal.stiesyariahbengkalis.ac.id/index.php/jps/article/view/1304roacarocoismipbv
spellingShingle Gn Qoda'ah
Abdurrahman Abdurrahman
Financial Performance On Firm Value Mediated By Islamic Performance At Islamic Commercial Banks In Indonesia
Jurnal Perbankan Syariah
roa
car
ocoi
smi
pbv
title Financial Performance On Firm Value Mediated By Islamic Performance At Islamic Commercial Banks In Indonesia
title_full Financial Performance On Firm Value Mediated By Islamic Performance At Islamic Commercial Banks In Indonesia
title_fullStr Financial Performance On Firm Value Mediated By Islamic Performance At Islamic Commercial Banks In Indonesia
title_full_unstemmed Financial Performance On Firm Value Mediated By Islamic Performance At Islamic Commercial Banks In Indonesia
title_short Financial Performance On Firm Value Mediated By Islamic Performance At Islamic Commercial Banks In Indonesia
title_sort financial performance on firm value mediated by islamic performance at islamic commercial banks in indonesia
topic roa
car
ocoi
smi
pbv
url https://ejournal.stiesyariahbengkalis.ac.id/index.php/jps/article/view/1304
work_keys_str_mv AT gnqodaah financialperformanceonfirmvaluemediatedbyislamicperformanceatislamiccommercialbanksinindonesia
AT abdurrahmanabdurrahman financialperformanceonfirmvaluemediatedbyislamicperformanceatislamiccommercialbanksinindonesia