PENGARUH CSR DAN KEPEMILIKAN TERHADAP FINANCIAL DISTRESS PADA PERUSAHAAN SEKTOR PERBANKAN DI BURSA EFEK INDONESIA PERIODE 2017-2023
DOI:
https://doi.org/10.31539/costing.v7i6.14193Keywords:
CSR, Kepemilikan Asing, Kepemilikan Institusional, Kepemilikan Manajerial, FinanciaAbstract
Penelitian ini bertujuan untuk mengetahui pengaruh CSR, kepemilikan asing, kepemilikan institusional dan kepemilikan manajerial terhadap financial distress pada perusahaan sektor perbankan di Bursa Efek Indonesia Periode 2017-2023. Metode penelitian yang digunakan adalah metode kuantitatif dengan menggunakan data sekunder yang bersumber dari annual report pada web perusahaan dan web Bursa Efek Infonesia (www.idx.co.id). Populasi pada penelitian adalah perusahaan perbankan yang terdaftar di Bursa Efek Indonesia (BEI) periode 2017-2023. Sampel yang didapatkan sebanyak 24 perusahaan yang dipilih menggunakan metode purposive sampling. Teknik analisa data yang digunakan dalam penelitian ini adalah analisis regresi data panel dengan menggunakan Random Effect Model (REM) dan diolah menggunakan software Eviews 12. Hasil analisis menunjukkan bahwa CSR dan kepemilikan manajerial tidak memiliki pengaruh terhadap financial distress, kepemilikan asing memiliki pengaruh positif signifikan terhadap financial distress, sedangkan kepemilikan institusional memiliki pengaruh negatif signifikan terhadap financial distress dan untuk variabel kontrol ukuran perusahaan dan kecukupan modal memiliki pengaruh negatif signifikan terhadap financial distress, sedangkan risiko kredit berpengaruh positif signifikan terhadap financial distress.
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Buchdadi, A. D., Nguyen, X. T., Putra, F. R., & Dalimunthe, S. (2020). The effect of credit risk and capital adequacy on financial distress in rural banks. Accounting, 6(6), 967–974. https://doi.org/10.5267/j.ac.2020.7.023
Ceylan, I. E. (2021). The impact of firm-specific and macroeconomic factors on financial distress risk: A case study from Turkey. Universal Journal of Accounting and Finance, 9(3), 506–517. https://doi.org/10.13189/ujaf.2021.090325
Dewi, A. S., Adrianto, F., Rahim, R., & Winanda, J. (2022). Pengaruh Arus Kas, Profitabilitas Dan Leverage Terhadap Financial Distress Saat Masa Pandemi Pada Perusahaan Manufaktur Terdaftar Di BEI. Owner, 6(3), 2887–2898. https://doi.org/10.33395/owner.v6i3.968
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Erdi, T. W., Agustin, W., Pradana, S. A. G., & Theresia, T. (2022). CAMEL Ratio as an Indicator of Financial Distress Altman Z- Score Model with Company Size as a Moderating Variable Journal of Applied Sciences in Accounting , Finance , and Tax. Journal of Applied Sciences in Accounting, Finance, and Tax, 5(2), 95–104. https://ojs2.pnb.ac.id/index.php/JASAFINT/article/view/566
Farooq, M., & Noor, A. (2021). The impact of corporate social responsibility on financial distress: evidence from developing economy. Pacific Accounting Review, 33(3), 376–396. https://doi.org/10.1108/PAR-10-2020-0196
Febriyanto, F. C., & Putri, N. I. (2021). Pengaruh Operating Capacity, Sales Growth dan Firm Size terhadap Financial Distress. Fortunate Business Review, 1(2), 9–21.
Fiolina, A., Nur, E., & Yuyetta, A. (2024). Pengaruh Corporate Governance Terhadap Financial Distress (Studi Empiris pada Perusahaan Transportasi dan Logistik yang Terdaftar di Bursa Efek Indonesia Tahun 2020-2022). Diponegoro Journal of Accounting, 13(2), 1–12. http://ejournal-s1.undip.ac.id/index.php/accounting
Gujarati, D. (2012). Econometcrics By Example. Palgrave Macmillan.
Hakim, M. Z., Anggraeni, D., Rohmansyah, B., Yahawi, S. H., Siregar, I. G., & Sudarmanto, E. (2022). The Effect of Liquidity, Leverage and Firm Size on Financial Distress. International Journal of Economics, Business and Innovation Research, 1(1), 88–101.
Haris, A., Ghozali, I., & Najmudin, N. (2022). Indicators of financial distress condition in Indonesian banking industry. Accounting, 8(1), 27–36. https://doi.org/10.5267/j.ac.2021.6.009
Investor.id. (2024). NPL Tembus 10%, Rugi KB Bank (BBKP) Membengkak. Indopremier.Com.
Isayas, Y. N. (2021). Financial distress and its determinants: Evidence from insurance companies in Ethiopia. Cogent Business and Management, 8(1). https://doi.org/10.1080/23311975.2021.1951110
Kalbuana, N., Taqi, M., Uzliawati, L., & Ramdhani, D. (2022). The Effect of Profitability, Board Size, Woman on Boards, and Political Connection on Financial Distress Conditions. Cogent Business and Management, 9(1). https://doi.org/10.1080/23311975.2022.2142997
Kamalirezaei, H., Anvary Rostamy, A. A., Saeedi, A., & Khodaei Valeh Zaghard, M. (2019). Corporate social responsibility and bankruptcy probability: Exploring the role of market competition, intellectual capital, and equity cost. Journal of Corporate Accounting and Finance, 31, 1–11. https://doi.org/10.1002/jcaf.22417
Kanoujiya, J., Rastogi, S., & Bhimavarapu, V. M. (2022). Competition and distress in banks in India: An application of panel data. Cogent Economics and Finance, 10(1). https://doi.org/10.1080/23322039.2022.2122177
Kareem, E. M., Supriyadi, D., & Suartini, S. (2022). the Influence of Capital Adequacy Ratio, Credit Risk, Profitability and Liquidity Against Financial Distress in Banking Companies Listed on the Indonesia Stock Exchange for the Period of 2016-2020. COSTING:Journal of Economic, Business and Accounting, 5(2), 1106–1121.
Kemala, N., & Suripto. (2021). Pengaruh Good Corporate Governance, Capital Intensity Dan Profitabilitas. Jurnal Akuntansi , Perpajakan, Dan Auditing, 17(2), 1986–1994. https://doi.org/10.46306/jbbe.v17i2
Lestari, H. P. (2024). OJK Sebut Ada 136 Bank Bangkrut Sejak 2005. Bisnis.Com. https://finansial.bisnis.com/read/20240807/90/1788913/ojk-sebut-ada-136-bank-bangkrut-sejak-2005
Mevania, S., Wahyuni, S., Setyadi, E. J., & Inayati, N. I. (2022). The Effect of Managerial Ownership, Company Size, Liquidity, and Profitability on Financial Distress. Jurnal Manajemen Bisnis, Akuntansi Dan Keuangan, 1(2), 127–142. https://doi.org/10.55927/jambak.v1i2.1796
Nugrahanti, Y. W., Sutrisno, T., Rahman, A. F., & Mardiati, E. (2020). Do firm characteristics, political connection and corporate governance mechanism affect financial distress? (Evidence from Indonesia). International Journal of Trade and Global Markets, 13(2), 220–250. https://doi.org/10.1504/IJTGM.2020.106753
Nurfifajannah, W., & Hwihanus. (2023). Analisis Struktur Kepemilikan, Kinerja Keuangan, Dan Corporate Social Responsibility Disclosure Dengan Good Corporate Governance Sebagai Moderating Terhadap Financial Distress. Jurnal Ekonomi Bisnis, Manajemen Dan Akuntansi (JEBMAK), 2(1), 19–40.
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Oktasari, E., Widyastuti, R., & Astri, Z. (2022). Pengaruh Laba Bersih dan Arus Kas Terhadap Financial Distress. Journal of Social Research, 1(7), 717–728. https://doi.org/10.55324/josr.v1i7.138
Pangkey, R., Kantohe, M., & Karwur, Y. (2024). Pengaruh Insentif Pajak dan Kualitas Audit Terhadap Konservatisme Akuntansi. Jurnal Akuntansi Manado (JAIM), 5(1), 300–310. https://doi.org/10.53682/jaim.vi.4458
Pratiwi, D. W., & Venusita, L. (2020). Pengaruh Kepemilikan Saham Oleh Direksi dan Jumlah Dewan Direksi Terhadap Financial Distress. Jurnal Akuntansi Unesa, 9(1), 1–9.
Priyambodho, W., & Ardini, L. (2024). Pengaruh Rasio Keuangan Terhadap Financial Distress Dengan Firm Size Sebagai Variabel Moderasi. Jurnal Ilmu Dan Riset Akuntansi (JIRA), 13(4), 1–23.
Purwanto, S., Perkasa, D. H., & Abadi, F. (2023). Assessment of Banking Conditions on Financial Distress During the Period of COVID-19 in Indonesia. WSEAS Transactions on Business and Economics, 20, 467–474. https://doi.org/10.37394/23207.2023.20.42
Puspitasari, D. M., Roespinoedji, D., & Napitupulu, S. (2020). Applicability of Altman Model in Predicting Financial Distress: Evidence from Rural Bank in Indonesia. Solid State Technology, 63(3), 3064.
Rahim, R., Husni, T., Yurniwati, Y., & Desyetti, D. (2020). The Relation Between Cash Compensation of Banking Executives, Charter Value, Capital Requirements and Risk Taking. International Journal of Business, 25(4), 400–420.
Rismawati, Rosmanidar, E., & Budianto, A. (2024). Pengaruh Green Accounting, Kinerja Lingkungan Dan Sertifikat ISO 14001 Terhadap Kinerja Keuangan Pada Perusahaan Pertambangan Terdaftar Di ISSI 2018-2022. Jurnal Kreativitas Pendidikan Modern, 6(4), 178–195.
Rowland, R., Setiawan, T., & Fitriningrum, A. (2021). ANALISIS KESULITAN KEUANGAN PERBANKAN INDONESIA: RASIO KEUANGAN DAN UMUR BANK (Studi Pada Perbankan Yang Terdaftar di BEI 2016-2019). JURNAL BISNIS & AKUNTANSI UNSURYA, 6(2).
Safitri, R. A., & Nurcahyono, N. (2021). The Effect of Corporate Social Responsibility and Financial Ratios on Financial Distress. Advances in Intelligent Systems and Computing, 1(2), 473–489. https://doi.org/10.1007/978-3-030-50454-0_42
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2024-12-31
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