ANALISIS CAR DAN CARM TERHADAP RASIO PROFITABILITAS DAN NILAI PERUSAHAAN PADA PERBANKKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (2009-2013)

Abstract

Banking performance can be assessed with the financial ratio analysis
approach. Bank Indonesia Regulation Number 6/10/PBI/2004 dated 12 April 2004
about the Banking rating system, one of them by using the CAR (Capital Adequacy
Ratio) or the minimum capital adequacy. Capital Adequacy Ratio or Capital Adequacy
Ratio(CAR) is an assessment tool for decision-making tool for the investment banks is
suing shares. This study a medto analyze the effect ofcapital adequacy ratio that takes
into account the credit risk and market risk on profitability, risk intermediation and
banking.
Secondary data were obtained from the publications published by the Indonesia
Stock Exchange in banking companies listed in Indonesia Stock Exchange time period
of 2009 to 2013. Total population in this study were 31 banking companies. Analysis
technique used is Analysis Of Path (PATH) because it uses two dependent variables
they are Retrun On Asset (Y1), Price Book Value (Y2), where as the independent
variables that take into account the credit risk CAR (X1) and CAR that market risk (X2).
The results showed that the level of capital adequacy Simultaneously taking into
account the credit risk and capital adequacy with the market risk has a significant
relationship to the function Retrun On Asset (ROA), Price Book Value (PBV),it is seen
from the results of the T test where significance ≤0.05 . Partially capital adequacy ratio
that takes into account the credit risk and market risk only has a significant connection
to Retrun on Asset and Price Book Value Through Retrun on Asset. This study also
explains that the capital adequacy ratio that takes into account the credit risk more
influence on the performance of bank.

Keywords: Capital Adequacy Ratio(CAR) that takes into account risk and market risk
(CARM), Retrun On Asset (ROA),Price Book Value ( PBV)