PENGARUH TINGKAT KESEHATAN BANK TERHADAP RETURN SAHAM DENGAN PENDEKATAN RGEC PADA BANK SWASTA NASIONAL DEVISA YANG TERDAFTAR DI BEI TAHUN 2017 - 2019

Abstract

The bank, one of the financial institutions in a country’s economy, functions as a support for the smoothness of the payment system, implementing monetary policy, and a means to achieve financial system stability that runs its business based on the principle of trust. Therefore, in carrying out these functions, banks are required to be in healthy condition. Bank health assessment is used the RGEC method (Risk profile, Good Corporate Governance, Earning, Capital). In the Risk Profile factor, the calculation of credit risk with NPL (Non-Performing Loan). The Good Corporate Governance (GCG) factor uses the self-assessment rating values of each company. The rentability factor (Earning) uses the ratio of ROA (Return On Assets). And the last factor is Capital using the ratio CAR (Capital Adequacy Ratio). This study aims to provide empirical evidence about this research aims to provide empirical evidence about the factors that influence the stock return are the effect of the risk profile, good corporate governance (GCG), earning, and capital. 

      The method used in this study is quantitative, while the type of data is secondary data, the object of this study population is a national foreign exchange private bank registered on the Indonesia stock exchange 2017-2019. The sample used 18 banks from 24 banks taken with the purposive sampling technique. The results showed that a partial risk profile does not influence stock return, good corporate governance has an influence on stock return, earning has no influence on stock return, and capital has an influence on stock return. Simultaneously, risk profile, good corporate governance, earnings, and capital on the stock return are influenced.