The Effect of Credit Risk, Liquidity Risk, Operational Risk, and Capital Adequacy Level on Company Value in the Banking Sector
DOI:
https://doi.org/10.52432/justbest.6.1.61-74Keywords:
Credit Risk, Liquidity Risk, Operational Risk, Capital Adequacy Level, Company ValueAbstract
The purpose of this study is to test and analyze the influence of credit risk, liquidity risk, operational risk, and capital adequacy level on the value of companies in the banking sector in Indonesia. This research method uses a quantitative research method, with the type and source of data used being secondary data obtained through the annual financial statements of banking companies listed on the Indonesia Stock Exchange. The population and sample in this study are the financial statements of banking sector companies listed on the Indonesia Stock Exchange for the 2018–2024 period. The sampling technique used is the purposive sampling technique. The analysis methods used were descriptive statistical tests, classical assumption tests, multiple linear regression tests, and hypothesis tests. The results of this study show that: (1) credit risk has a significant negative effect on the company's value; (2) liquidity risk has a significant positive effect on the company's value; (3) operational risks have a negative negative effect on the company's value; (4) the level of capital adequacy has a positive effect on the value of the company.
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