Analysis Of The Influence Of Risk Management (Credit, Liquidity, Operational) On The Financial Performance Of Banking Companies Listed On The IDX For The Period 2020-2024
DOI:
https://doi.org/10.29407/nrdpx160Abstract
Research aim: This study analyzes the influence of risk management practices, specifically credit risk, liquidity risk, and operational risk, on the financial performance of banking companies listed on the Indonesia Stock Exchange (IDX) during 2020–2024 in the context of post-pandemic recovery and evolving OJK regulations.
Design/Method/Approach: This research employs a quantitative approach using panel data regression (SPSS) on secondary data from 37 IDX-listed banks, with NPL as a proxy for credit risk, LDR for liquidity risk, provision for operational losses for operational risk, and ROA as the measure of financial performance, while controlling for bank size, leverage, and GDP growth.
Research Finding: The results show that credit risk (NPL) has a significant negative effect on ROA, liquidity risk management (LDR) is positively related to ROA, and operational risk has mixed effects on ROA, which are influenced by the strength of bank governance mechanisms.
Theoretical contribution/Originality: This study extends the risk–performance literature in emerging markets by providing empirical evidence from Indonesian banks in the post-Covid-19 period and highlights the relevance of agency theory in explaining how risk oversight mechanisms can align management actions with stakeholder interests.
Practitionel/Policy implication: The findings suggest that Indonesian banks and regulators should strengthen credit risk monitoring, optimize liquidity management policies, and enhance governance frameworks for managing operational risk to support more resilient and sustainable financial performance.
Research limitation: This research is limited to listed banks on the IDX from 2020–2024, uses ROA as a single proxy for financial performance, and relies on publicly available secondary data, which may not fully capture all dimensions of bank risk and internal governance practices.
Keywords:
Risk Management, Credit Risk, Liquidity Risk, Operational Risk, Financial PerformanceDownloads
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