Pengaruh Profitabilitas, Likuiditas, Dan Kecukupan Modal Terhadap Kinerja Keuangan Dengan Modal Kerja Sebagai Variabel Intervening Pada Sektor Perbankan Yang Terdaftar Dibursa Efek Indonesia Tahun 2021-2024

Olivia Wanda Putri; Elfiswandi Elfiswandi; Lusiana Lusiana

doi:10.55903/juria.v5i1.369

Authors

Olivia Wanda Putri Universitas Putra Indonesia YPTK, Padang, Indonesia
Elfiswandi Elfiswandi Universitas Putra Indonesia YPTK, Padang, Indonesia
Lusiana Lusiana Universitas Putra Indonesia YPTK, Padang, Indonesia

DOI:

https://doi.org/10.55903/juria.v5i1.369

Keywords:

ROE, CR, CAR, ROA, modal kerja

Abstract

Penelitian ini bertujuan menganalisis pengaruh profitabilitas (ROE), likuiditas (Current Ratio/CR), dan kecukupan modal (CAR) terhadap kinerja keuangan (ROA) dengan modal kerja (WC) sebagai variabel intervening pada perusahaan perbankan yang terdaftar di Bursa Efek Indonesia periode 2021–2024. Penelitian menggunakan pendekatan kuantitatif deskriptif dengan data sekunder laporan keuangan tahunan dan dianalisis melalui regresi data panel. Model 1 menguji pengaruh ROE, CR, dan CAR terhadap WC, sedangkan Model 2 menguji pengaruh ROE, CR, CAR, dan WC terhadap ROA. Hasil menunjukkan ROE berpengaruh positif signifikan terhadap WC, sedangkan CAR berpengaruh negatif signifikan terhadap WC; CR tidak signifikan. Pada Model 2, ROE dan CAR berpengaruh positif signifikan terhadap ROA, sementara CR dan WC tidak signifikan. Uji mediasi menunjukkan WC tidak memediasi pengaruh ROE maupun CAR terhadap ROA; jalur mediasi CR melalui WC perlu kehati-hatian karena hubungan WC→ROA tidak signifikan. Temuan ini mengindikasikan bahwa kinerja bank lebih dominan dipengaruhi langsung oleh profitabilitas dan kecukupan modal dibanding mekanisme modal kerja.

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