DETERMINAN RETURN ON ASSETS BANK BNI SYARIAH: PENDEKATAN ERROR CORRECTION MODEL

Return on Assets at BNI Syariah banks has shown poor performance. If this condition continues, it can have a destructive impact and result in many losses that must be borne. The study was conducted to determine the effect of mudharabah deposits, equity, and size on Return on Assets at BNI Syariah Bank. The research was conducted with a quantitative approach on quarterly data published by BNI Syariah, OJK, and BI for 2012-2019. The analysis technique uses the Error Correction Model (ECM). The results obtained indicate that mudharabah deposits and equity in the short and long term do not affect ROA. Size in the short term has no effect but in the long term affects ROA. Simultaneously, mudharabah deposits, equity, and size affect ROA both in the short and long term. The contribution amount given is 31.74% in the short term and 49.51% in the long term. BNI Syariah Bank can further increase customer interest in deposits, expand market share in larger-scale business units and the general public, and use promotional media more creatively according to the digital era. Return on Assets pada bank BNI Syariah telah menunjukkan performansi kurang baik. Jika kondisi ini terus berlangsung dapat berdampak buruk serta berakibat pada besarnya kerugian yang harus ditanggung. Penelitian dilakukan untuk mengetahui pengaruh deposito mudharabah, ekuitas, dan size terhadap Return on Assets pada Bank BNI Syariah. Penelitian dilakukan dengan pendekatan kuantitatif pada data triwulan yang dipublikasikan oleh BNI Syariah, OJK dan BI periode 2012-2019. Teknik analisis menggunakan Error Correction Model (ECM). Hasil yang diperoleh menunjukkan bahwa deposito mudharabah dan ekuitas pada jangka pendek maupun jangka panjang tidak berpengaruh pada ROA. Size dalam jangka pendek tidak berpengaruh tetapi dalam jangka panjang berpengaruh pada ROA. Secara simultan, deposito mudharabah, ekuitas dan size berpengaruh pada ROA baik dalam jangka pendek maupun jangka panjang. Besarnya kontribusi yang diberikan adalah 31,74% pada jangka pendek dan 49,51% pada jangka panjang. Bank BNI Syariah dapat lebih meningkatkan minat nasabah pada deposito, memperluas market share pada unit usaha skala lebih besar serta masyarakat umum lainnya dan penggunaan media promosi sesuai era digital dengan lebih kreatif.

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PENGARUH NON PERFORMING FINANCING, CAPITAL ADEQUACY RATIO, BEBAN OPERASIONAL PENDAPATAN OPERASIONAL DAN NET IMBALAN TERHADAP RETURN ON ASSETS (STUDI PADA BANK MAYBANK SYARIAH PERIODE 2012-2019)

Niqosiya: Journal of Economics and Business Research ◽

10.21154/niqosiya.v1i1.108 ◽

2021 ◽

Vol 1 (1) ◽

pp. 78-93

Author(s):

Lely Awintasari ◽

Maulida Nurhidayati

Keyword(s):

Error Correction ◽

Error Correction Model ◽

Capital Adequacy ◽

Short Term ◽

Return On Assets ◽

Correction Model ◽

Long Run ◽

Capital Adequacy Ratio ◽

Short And Long Term

The purpose of this study is to analyze the influence of Non Performing Financing (NPF), Capital Adequacy Ratio (CAR), Operating Expenses operating income (BOPO) and Net Rewards (NI) ratio on Return On Assets of Maybank Syariah Bank. A bank's Return on Assets (ROA) is a ratio that shows the bank's success in making a profit. If the ROA obtained by a small bank as a result of the bank can suffer losses and hinder the growth of the bank. This research is a type of quantitative research with Error Correction Model method with a significance rate of 5%, with a total of 32 samples in the form of quarterly data published by Bank Maybank Syariah in 2012-2019. The findings in this study are that NPF negatively affects ROA in the short term but NPF has no effect on ROA in the long run. CAR has no effect on ROA in the short term but CAR has a positive effect on ROA in the long run. BOPO in the short and long term negatively affects ROA. NI in the short and long term has no effect on ROA. Simultaneously NPF, CAR, BOPO and NI both short-term and long-term affect ROA simultaneously. The amount of influence exerted in the short term is 89.20% while in the long term it is 88.57%. In order to increase ROA, Maybank Syariah Bank as much as possible to reduce the percentage of NPF and BOPO and can increase the CAR owned. Tujuan penelitian ini adalah untuk menganalisis pengaruh rasio kuangan Non Performing Financing (NPF), Capital Adequacy Ratio (CAR), Beban Operasional Pendapatan Operasional (BOPO) dan Net Imbalan (NI) terhadap Return On Assets Bank Maybank Syariah. Return on Assets (ROA) suatu bank merupakan rasio yang menunjukkan keberhasilan bank dalam menghasilkan keuntungan. Apabila ROA yang diperoleh bank kecil akibatnya bank dapat mengalami kerugian serta menghambat pertumbuhan bank tersebut. Penelitian ini berjenis penelitian kuantitatif dengan metode Error Correction Model dengan tingkat signifikansi 5%, dengan jumlah sampel sebanyak 32 yang berupa data triwulan yang dipublikasikan oleh Bank Maybank Syariah tahun 2012-2019. Temuan pada penelitian ini adalah NPF berpengaruh negatif pada ROA dalam jangka pendek tetapi NPF tidak berpengaruh pada ROA dalam jangka panjang. CAR tidak berpengaruh pada ROA pada jangka pendek namun CAR berpengaruh positif terhadap ROA dalam jangka panjang. BOPO dalam jangka pendek maupun jangka panjang berpengaruh negatif pada ROA. NI dalam jangka pendek maupun jangka panjang tidak berpengaruh pada ROA. Secara simultan NPF, CAR, BOPO dan NI baik jangka pendek maupun jangka panjang berpengaruh terhadap ROA secara simultan. Besarnya pengaruh yang diberikan pada jangka pendek adalah 89,20% sedangkan pada jangka panjang sebesar 88,57%. Untuk dapat meningkatkan ROA, Bank Maybank Syariah sebisa mungkin untuk menurunkan persentase NPF dan BOPO serta dapat meningkatkan CAR yang dimiliki.

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Pengaruh Dow Jones Indeks, Strait Time , dan Hang Sheng Terhadap Indeks Harga Saham Gabungan dengan Pendekatan Eror Correction Model

Jurnal Mandiri ◽

10.33753/mandiri.v3i2.92 ◽

2019 ◽

Vol 3 (2) ◽

pp. 307-313

Author(s):

Tiar Lina Situngkir

Keyword(s):

Error Correction ◽

Error Correction Model ◽

Stock Index ◽

Short Term ◽

Correction Model ◽

Jones Index ◽

Time Index ◽

Strait Time ◽

Short And Long Term

Abstrak Tujuan penelitian ini adalah menganalisis pengaruh Dow Jones Index, Strait Times Index dan Hang seng Indeks terhadap indeks harga saham gabungan. Metodologi yang digunakan dalam menganalisa adalah Error Correction Model. Hasil penelitian menemukan bahwa DJI dalam jangka pendek dan panjang berpengaruh positif tidak signifikan. STI dalam jangka pendek dan panjang berpengaruh berpengaruh positif signifikan. HSE dalam jangka pendek dan panjang berpengaruh negatif tidak signifikan. Simpulan secara simultan dalam penelitian ini terbukti paling tidak terdapat satu variabel independen berpengaruh signifikan. Abstract The objective of this research is to analyse whether the Dow Jones Index, Strait Times Index and Hang Seng Index, each has a significant effect on Composite Stock Index. The methodology of analysis of this research is the Error Correction Model. The result of research found that in the short term Dow Jones has no significant while in the long term it has a positive and significant impact on Indonesian Composite Stock Index. Summary In the short and long term Strait Time Index has a positive and significant impact. In short and long term Hang Seng Index has no significant on Composite Stock Index.

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INTERAKSI ASPEK PERMODALAN, RISIKO PEMBIAYAAN, DAN INDIKATOR MAKROEKONOMI DALAM MEMPENGARUHI PROFITABILITAS BPRS DI INDONESIA PERIODE 2014-2018

Jurnal Benefita ◽

10.22216/jbe.v5i3.5623 ◽

2020 ◽

Vol 5 (3) ◽

pp. 401

Author(s):

Feri Irawan

Keyword(s):

Economic Growth ◽

Time Series ◽

Error Correction ◽

Error Correction Model ◽

Series Data ◽

Short Term ◽

Correction Model ◽

Long Run ◽

Short And Long Term

ABSTRACTThis study aims to analyze the effect of capital aspects (CAR), financing risk (NPF) and macroeconomic variables including economic growth, inflation and the BI Rate on profitability (ROE) in the short and long term. By using time series data for the monthly period from 2013-2018 and the Error-Correction Model (ECM) and cointegration approach, it is found that CAR and NPF do not have a significant effect on ROE in the short and long term. Economic growth, inflation and the BI Rate in the short term do not have a significant effect on ROE, in the long run economic growth, inflation and the BI Rate have a significant effect on ROE. In the short term, economic growth, inflation and the BI Rate disturb the balance of profitability, but in the long run it returns to its equilibrium level. It is necessary to integrate the BPRS policy strategy in managing capital and risk with government policies related to economic growth and inflation. ABSTRACTPenelitian bertujuan menganalisis pengaruh aspek permodalan (CAR), risiko pembiayaan (NPF) dan variabel makroekonomi yang meliputi pertumbuhan ekonomi, inflasi dam BI Rate terhadap profitabilitas (ROE) dalam jangka pendek dan jangka panjang. Dengan menggunakan data time series periode bulanan dari tahun 2013-2018 dan pendekatan Error-Correction Model (ECM) dan kointegrasi, ditemukan bahwa CAR dan NPF tidak berpengaruh secara signifikan terhadap ROE dalam jangka pendek dan jangka panjang. Pertumbuhan ekonomi, inflasi dan BI Rate dalam jangka pendek tidak berpengaruh signifikan terhadap ROE, dalam jangka panjang pertumbuhan ekonomi, inflasi dan BI Rate berpengaruh signfikan terhadap ROE. Pada jangka pendek, pertumbuhan ekonomi, inflasi dan BI Rate menggangu keseimbangan profitabilitas namun dalam jangka panjang kembali pada tingkat keseimbangannya. Diperlukan pengintegrasi strategi kebijakan BPRS dalam mengelola permodalan dan risiko dengan kebijakan pemerintah terkait dengan pertumbuhan ekonomi dan inflasi.

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Determinants of Money Demand in Algeria: An Empirical Study Using Cointegration and Error Correction Model

Modern Applied Science ◽

10.5539/mas.v13n10p78 ◽

2019 ◽

Vol 13 (10) ◽

pp. 78

Author(s):

Mohammed Djebbouri ◽

Abdelkarim Mansouri ◽

Abderrahmane Tahi

Keyword(s):

Error Correction ◽

Money Demand ◽

Demand Function ◽

Real Income ◽

Error Correction Model ◽

Short Term ◽

Correction Model ◽

Cointegration Tests ◽

Short And Long Term

This investigation aims primarily to estimate the determinants of the demand function of money in its broad sense, in Algeria during the period 1980-2017. To accomplish this study, Cointegration and Error Correction Model (ECM) have been used. Thus, these tests proved the no stationary of time series which led us to apply the cointegration tests, so in the end we estimate the model with error correction. The results of this estimation show that the importance of determinants of money demand in the short and long term are ordered as follows: real income, the velocity of circulation of money (VM2) in the short and long term, the long-term exchange rate; in the short term its importance diminishes in favor of inflation, which has a decisive effect on the demand for money in the short term. The findings reveal that the money demand function is insensitive to the interest rate, which explains why speculation is generally regarded as a less important reason in Algeria.

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Error Correction Model Analysis in Measuring the Effect of Bank Internal Factors on Mudharabah Deposits for Islamic Commercial Banks

El-Qish: Journal of Islamic Economics ◽

10.33830/elqish.v1i2.1518.2021 ◽

2021 ◽

Vol 1 (2) ◽

pp. 109-118

Author(s):

Yudhistira Ardana ◽

Nur Syamsiyah ◽

Misfi Laili Rohmi ◽

Lilis Renfiana

Keyword(s):

Error Correction ◽

Commercial Banks ◽

Error Correction Model ◽

Capital Adequacy ◽

Return On Assets ◽

Internal Factors ◽

Correction Model ◽

Capital Adequacy Ratio ◽

Short And Long Term

Islamic bank products to raise public funds can be in the form of demand deposits (wadiah), savings (mudharabah), and deposits (mudharabah). One of the profit-sharing rates in Islamic banks comes from internal factors, namely Return on Assets, Capital Adequacy Ratio, Financing to Deposit Ratio, and Operational Expenses Operating Costs. This study will examine the effect of bank internal factors on mudharabah deposits of Islamic commercial banks using an econometric model, namely the error correction model. Findings. The results showed that the bank's internal variables had a significant effect on mudharabah deposits both in the short and long term. Variables Return on Assets, Capital Adequacy Ratio, and Operational Expenses Operational costs both short and long term have a negative effect on mudharabah deposits.

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An Error Correction Model Analysis of Indonesia’s Tourism and International Trade

E-Journal of Tourism ◽

10.24922/eot.v5i2.42591 ◽

2018 ◽

pp. 85

Author(s):

Tonny Hendratono ◽

Veny Anindya Puspitasari

Keyword(s):

International Trade ◽

Error Correction ◽

Foreign Exchange ◽

Trade Balance ◽

Error Correction Model ◽

Short Term ◽

Correction Model ◽

Tourism Sector ◽

Short And Long Term

The tourism sector is the mainstay of Indonesia's foreign exchange contributor. Through its affordability with various other sectors, tourism is considered to be able to influence the country's international trade through the mechanism of exports and imports. This study aims to analyze the influence of tourism on Indonesia's trade balance in the short and long term. The theory of comparative advantage and Heckscher-Ohlin are aimed to answer the purpose of this study. Using the Error Correction Model (ECM), this research shows that tourism has a positive and significant impact on exports and imports in the long and short term. However, in the long term the influence of tourism on imports is greater than that of exports. The opposite thing is happened in the short term.Keywords: tourism, international trade, Error Correction Model

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Non Cash Payment and Demand for Real Money in Indonesia

Journal of Economics Business and Accountancy Ventura ◽

10.14414/jebav.v22i1.1575 ◽

2019 ◽

Vol 22 (1) ◽

Author(s):

Wasiaturrahma Wasiaturrahma ◽

Yuliana Tri Wahyuningtyas ◽

Shochrul Rohmatul Ajija

Keyword(s):

Error Correction ◽

Credit Card ◽

Error Correction Model ◽

Short Term ◽

Correction Model ◽

Real Money ◽

On Demand ◽

Cash Payment ◽

The Impact

The study analyses the impact of non-cash payment on demand for real money in Indonesia from 2010 to 2015. Utilizing the Error Correction Model (ECM), the results reveal that the use of both debit and credit card influence the demand for real money in the long term. Moreover, debit card also significantly affects the demand for real money in the short term, while the use of credit card does not have the implication.

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Faktor Eksternal dan Internal yang Mempengaruhi Profitabilitas Bank Syariah di Indonesia

Cakrawala Jurnal Studi Islam ◽

10.31603/cakrawala.v13i1.2042 ◽

2018 ◽

Vol 13 (1) ◽

pp. 51

Author(s):

Yudhistira Ardana

Keyword(s):

Error Correction ◽

Commercial Bank ◽

External Factors ◽

Internal Variables ◽

Business Unit ◽

Short Term ◽

Correction Model ◽

Monthly Data ◽

Short And Long Term

This study aims to determine the influence of external factors (inflation and BI rate) and internal (CAR, REO, FDR, and NPF) on the level of profitability of sharia banks in Indonesia as measured by ROA. The data used in this study is the data of Sharia Commercial Bank and Sharia Business Unit in Indonesia from 2011 to 2018 using monthly data. This research uses error correction model which is commonly abbreviated as ECM. The results show that the external and internal variables together significantly influence the ROA variable. Individually, CAR, NPF and Inflation variables have no significant effect on ROA, while FDR and REO variables in both short and long term have significant effect on ROA. BI rate in this study has no significant effect on ROA in the short term, but has a significant effect on ROA variable in the long term

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ANALISIS HARGA SAHAM INDEX KOMPAS 100 DENGAN PENDEKATAN ERROR CORRECTION MODEL

Jurnal Dinamika Ekonomi Pembangunan ◽

10.33005/jdep.v4i1.201 ◽

2021 ◽

Vol 4 (1) ◽

pp. 406-414

Author(s):

Amir Hamzah

Keyword(s):

Error Correction ◽

Stock Prices ◽

Stock Price ◽

Stock Exchange ◽

Financial Statements ◽

Error Correction Model ◽

Short Term ◽

Correction Model ◽

Positive Effect

The purpose of this research is to analyze the short term and long term relationship between ROI, EPS, PER ,inflation, SBI, exchange rate,and GDP on Stock Price. The data in this research is company financial statements which included Compas 100 Index on the Indonesia Stock Exchange. statistical analysis in this research used stasionarity test, The Classical Assumptions Test, Cointegration Test, Error Correction Model Test. This research found that partially ROI, EPS, PER variables a positive effect on stock prices in the short term and long term, KURS and SBI a positive effect on stock prices in the short term, but there is no effect in the long term, inflation and GDP do not affect the stock price both in the short term and long term. Simultaneously affected the stock prices significantly affect on stock price both in the short term and long term.

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Integration Rice Price And Farmers Welfare With Error Correction Model Analysis

Archives of Business Research ◽

10.14738/abr.79.7118 ◽

2019 ◽

Vol 7 (9) ◽

pp. 221-228

Author(s):

Yogi Makbul

Keyword(s):

Error Correction ◽

Error Correction Model ◽

Policy Intervention ◽

Correction Model ◽

Long Run ◽

Short Run ◽

Short And Long Term ◽

Rice Prices ◽

Support Policy

This research analyzes the short- and long-term influence of rice prices on the welfare of Indonesian farmers using an error correction model. Drawing upon data from Indonesia's Central Bureau of Statistics, it reveals that rice prices exert significant positive short-run effects and no significant long-run influence on farmers' welfare. These findings extend or refine results from earlier studies that lack the time series perspective of our research. They also support policy intervention by the Indonesian government to increase farmers' welfare and assure food supply.

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