EFISIENSI, PERSAINGAN, DAN RISIKO DEFAULT PERBANKAN INDONESIA SEBELUM DAN SETELAH PBI 14/26/2012

Aisha Putrina Sari, Rofikoh Rokhim

Abstract


This study try to find out about the impact of PBI / 14/26/2012 for banks in Indonesia. This regulation limiting the activities of banks based on their core capital. The purpose of this regulation is to improve the efficiency, durability and banking competition. Efficiency is measured by using DEA, endurance proxy by Zscore and competititon proxy by HHI. The results showed that there was a significant difference before and after the regulations issued for variable efficiency and competition but not for durability. The next stage of this research is to know the effect of endurance, competition, regulations and numbers of Board of Directors (BOD) of the efficiency. Measurements were made by a panel regression and stated that the results of the BOD and year significantly affecting efficiency. Keywords: efficiency, competition, default risk, BOD, banking

Full Text:

PDF

References


Ahmad, Suraya dan Abdul Rahim Abdul Rahman, 2012, “The Efficiency of Islamic and Conventional Commercial Banks in Malaysiaâ€, International Journal of Islamic and Middle Eastern Finance and Management, Vol 5 no 3, Hal 241-263

Aigner, Dennis, C.A. Knox Lovell, Peter Schmidt, “Formulation and Estimation of Stochastic Frontier Production Function Modelsâ€, Journal of Econometrics, Vol 6 hal 21-37

Anis dan Yosra, 2012, “Ownership Structure and Efficiency of Tunisian Banking Sectorâ€, Journal of Finance and Investmen Analysis, vol 1(3), hal 239-254

Adeniyi, Oluwatosin, Abimbola Oyinlola, Olusegun Omisakin, dan Festus O. Egwaikhide, 2015, “Financial Development and Economic Growth in Nigeria: Evidence from Treshold Modellingâ€, Economic Analysis and Policy Vol 47 hal 11-21

Akhtar, Mohammad Hanif, 2013, “After the Financial Crisis: a Cost Efficiency Analysis of Banks from Saudi Arabiaâ€, International Journal of Islamic and Middle Eastern Finance and Management, Vol. 6 No. 4, hal 322-332.

Arrawatia, Rakesh, Arun Misra dan Varun Dawar, 2015, Bank Competition and Efficiency: Empirical Evidence from Indian Marketâ€, International Journal of Law and Management, hal 217-231

Bader, M.K.I, 2008, “Cost, Revenue, and Profit Efficiency of Islamic Versus Conventional Banks: International Evidence Using Data Envelopment Analysisâ€, Journal Islamic Economic Studies 15 (2), hal 23–76.

Banerjee, Sreejata dan Malathi Velamuri, 2015, “The conundrum of profitability versus soundness for banks by ownership type: Evidence from the Indian banking sectorâ€, Review of Financial Economics, Vol 26 hal 12-24

Banker, R.D., A Charnes, dan W.W. Cooper, 1984, “Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysisâ€, Management Science, Vol 30 No 9

Barth, James R, Chen Lin, Yue Ma, Jesus Saede, dan Frank M Song, 2013, “Do Bank Regulation, Supervision and Monitoring Enhance or Impede Bank Efficiency?â€, Journal of Banking and Finance, Vol 37 no 8, Hal 2879-2892

Barth, James R, Gerard Caprio Jr, Ross Levine, 2013, “Bank Regulation and Supervision in 180 Countries from 1999 to 2011â€, Journal of Financial Economic Policy. Vol 5 No 2

Barth, James R., Gerad Caprio, dan Ross Levine, 2006, “Rethinking Bank Regulation: Till Angels Governâ€, Cambridge University Press, Cambridge UK

Beck, T., Asli Demirguc-Kunt, danOuardaMerrouche, 2010, “Islamic vs. conventional banking: Business model, efficiency and stabilityâ€, Journal of Banking and Finance

Belkhir, Mohamed, 2009, “Board of Directors Size and Performance in the Banking Industryâ€, International Journal of Managerian Finance, Vol 5 Issue 2, Hal 201-221

Berger, A.N., 1995, “The Profit-Structure Relationship in Banking--Tests of Market-Power and Efficient-Structure Hypotheses†Journal of Money, Credit and Banking, Vol. 27, No. 2 Hal 404-431

Berger, A.N., 2007, “International Comparisons of Banking Efficiencyâ€, Financial Markets, Institutions & Instruments, Vol 16 hal 119–144

Berger, A.N.dan David B Humphrey, 1997, “Efficiency of Financial Institutions: International Survey and Directions for Future Researchâ€, Working Paper Series: The Wharton Financial Institutions Center

Berger, AN. Dan Loretta J. Mester, 1997, “Inside the Black BOX: What Explains Differences in the Efficiencies of Financial Institutions?â€,Journal of Banking and Finance, Vol 21

Berger, A.N., William C. Hunter, dan Stephen G. Timme. 1993. “The Efficiency of Financial Institutions: A Review and Preview of Research Past, Present, and Futureâ€, Journal of Banking and Finance, vol 17 hal 221-249

Bonin, John P., Iftekhar Hasan, Paul Wachtel, 2005, “Bank performance, Efficiency and Ownership in Transition Countriesâ€, Journal of Banking and Finance, Vol 29 hal 31-53

Bourkhis, Khawla and Mahmoud Sami Nabi, 2013. “Islamic and Conventional Banks soundness during the 2007-2008 financial crisisâ€, Review of Financial Crisis hal 68-77

Casu, Barbara, 2009, “Testing the Relationship between Competition and Efficiency in Banking: A Panel Data Analysisâ€, Economics Letters, hal 134-137

Charnes, A., W.W. Cooper, E. Rhodes, 1978, “Measuring the Efficiency of Decision Making Unitâ€, European Journal of Operational Research, Vol 2 Hal 429-444

Cihak, Martin and Heiko Hesse. 2010, “Islamic Banks and Financial Stability: an Empirical Analysisâ€, Journal of Financial and Sevices Researcher, Vol 38 hal 95-113

Claessens, Stijn dan Luc Leaven, 2004, “What Drives Bank Competition? Some International Evidenceâ€, Journal of Money, Credit and Banking, Vol. 36, No. 3

Creel, Jerome, Paul Hubert dan Fabien Labondance, 2014, “Financial Stability and Economic Performanceâ€, Economic Modelling

Das, A, et al, 2005, “Liberalization, Ownership, and Efficiency in Indian Banking : A Nonparametric Analysisâ€, Departmen of Economics Working Paper Series University of Connecticut

Deprins,D., Simar L. dan Tulkens,H., 1984,Measuring Labour-efï¬ciency in Post Ofï¬ces, in Marchand,M.,Pestiau,P. dan Tulkens,H.(Eds), The Performance of Public Enterprises:Concepts and Measurements

Dietrich, Andreas dan Gabrielle Wanzenried, 2011, “Determinants of Bank Profitability Before and During the Crisis: Evidence from Switzerlandâ€, International Financial Markets, Institutions & Money, Vol 21 Hal 307-327

Diniz, Eduardo, Rene Birochi dan Marlei Pozzebon, 2012, “Triggers and Barries to Financial Inclusion: The use of ICT-Based Branchless Banking in an Amazon Countyâ€, Electronic Commerce Research and Applications, Vol 11 Issue 5, September-Oktober 2012, hal 484-494

Djankov, Simeon, Rafael La Porta, Florencio Lopez-de-Silanes, dan Andrei Shleifer, 2001, “The Regulation of Entryâ€, The Quarterly Journal of Economics, Vol CXVII issue 1

Farrel, MJ, 1957, “The Measurement of Productive Efficiencyâ€, Journal of the Royal Statistical Society. Series A (General), Vol. 120, No. 3

Ftiti, Zied, 2013, “Efficiency Islamic Banks during Crisisâ€, The Jounal of Applied Business Research, Vol 29 hal 285-304

Garcia-Herrero, Alicia, 2009, “What Explains the Low Profitability of Chinese Banks?, BBVA Working Paper No. 0907

Gamaginta and Rofikhoh Rokhim, 2011, “The Stability Comparison between Islamic Banks and Conventional Banks: Evidence in Indonesiaâ€, Financial Stability and Risk Management in Islamic Financial Institutions, vol 5 hal 101-120

Hadad, Muliaman Det.al. “Analisis Efisiensi Industri PerbankanIndonesia: Penggunaan Metode Nonparametrik Data Envelopment Analysis (DEA)â€. 2003.Research Paper, no. 7/5, Biro Stabilitas Sistem KeuanganBank Indonesia.

Hanif, Muhammad, 2011, “Differences and Similarities in Islamic and Conventional Bankingâ€, International Journal of Business and Social Science, Vol 2 No 2,

Hasan, M., and Dridi, J. “The effects of the global crisis on Islamic and conventional banks: a comparative studyâ€. 2010. IMF Working Paper WP/10/201.Interntional Monetary Fund, Washington, DC.Carijurnalnyaudahada

Hassan, Taufiq, Shamser Mohamad, Mohammed Khaled I. Bader, 2009, “Efficiency of Conventional versus Islamic Banks: Evidence from the Middle Eastâ€, International Journal of Islamic and Middle Eastern Finance and Management, Vol 2 no 1 hal 46-65

Havrylchyk, Olena, 2006, â€Efficiency of the Polish Banking Industry: Foreign Versus Domestic Banksâ€, Journal of Banking & Finance, Vol 30 Hal 1975-1996

Humarseno, Ony dan Dony Abdul Chalid, 2013, “The Impact of Business Diversification on Performance of IDX Listed Firmsâ€, Indonesian Capital Review¸ vol 5 no 2

Johnes, J., Marwan Izzeldin dan Vasileios Pappas, 2014, “A comparison of performance of Islamic and conventional banks 2004–2009â€,Journal of Economic Behaviour and Organization

Kasman, Adnan dan Oscar Carvallo, 2014, “Financial Stability, Competition, and Efficiency in Latin American and Carribean Bankingâ€, Journal of Applied Economics, Vol XXVI No 2 Hal 301-324

Kasman, Saadet dan Kasman Adnan, 2015, “Bank Competition, Concentration and Financial Stability in the Turkish Banking Industryâ€, Economic Systems

Kumbhakar, Sumbal C, Ana Lozano-Vivas, C.A. Knox Lovell dan Iftekhar Hasan, 2001, “The Effects of Deregulation on the Performance of Financial Institutions: The Case of Spanish Saving Banksâ€, Journal of Money, Credit and Banking, Vol 22 No 1, hal 101-120

Laeven, Luc dan Ross Levine, “Is there a Diversification Discount in Financial Conglomerates?â€, Journal of Financial Intermediation, Vol 12, hal 178-197

Leibenstein, Harvey, 1966, “Allocative Efficiency vs “X-Efficiencyâ€â€, The American Ecinomic Review, Vol 56 hal 392-415

Lin, Kun-Li, Anh Tuan Doan dan Shuh-Chyi Doong, 2015, “Changes in Ownership Structure and Bank Efficiency in Asian Developing Countries: the Role of Financial Freedomâ€, International Review of Economics and Finance

Louati, Salma, 2015, "Banks’ stability-efficiency within dual banking system: a stochastic frontier analysis", International Journal of Islamic and Middle Eastern Finance and Management, Vol. 8

Maghyereh, Akhtam I , Basel Awartani , 2014, "The effect of Market Structure, Regulation, and Risk on Banks Efficiency: Evidence from the Gulf Cooperation Council Countries", Journal of Economic Studies, Vol. 41 Issue: 3, hal 405 – 430

Wanniarachchige, Manjula Kumara dan Suzuki Yasushi, 2010, “Bank Competition and Efficiency: The Case of Sri Lankaâ€, Asia Pacific World, Vol 1 No 1 hal 117-131

Milanzi, Mursali A., 2012, “The Impact of Barriers on Export Behavior of a Developing Country Firms: Evidence from Tanzaniaâ€, International Journal of Business and Management, hal 10-21

Mulyaningsih, Tri, Anne Daly dan Riyana Miranti, 2015, “Foreign Participation and Banking Competition : Evidence from the Indonesian Banking Industry, Journal of Financial Stability, hal 70-82

Nguyen, Thanh Pam Thien dan Son Hon Nghiem, 2015, “The interrelationship among Default Risk, Capital Ratio, Efficiency: Evidence from Indian Banksâ€, Managerial Finance, Vol. 41 Issue: 5, hal 507 - 525

Omran, Mohammed, 2007, “Privatization, State Ownership, and Bank Performance in Egyptâ€, World Development, Vol 35 No 4 hal 715-733

Pessarossi, Pierre dan Laurent Weill, 2015, “Do Capital Requirements Affect Cost Efficiency? Evidence from Chinaâ€, Journal of Financial Stability, vol 19 hal 119-127

Petria, Nicolae, Bogdan Capraru dan Iulian Ihnatov, 2015, “Determinants of Banks Profitability: Evidence from EU 27 Banking Systemsâ€, Procedia Economics and Finance, Vol 20 hal 518-524

Prutenau-Podpierra, Anca, Laurent Weill dan Franziska Schobert, 2008, “Banking Competition and Efficiency: A Micro-Data Analysis on the Czech Banking Industryâ€, Comparative Economic Studies, Vol 50 Issue 2, hal 253-273

Rokhim, Rofikoh dan Anindya P Susanto, 2013, “The Increase of Foregin Ownership and its Impact on the Performance, Competition and Risk in the Indonesian Banking Industryâ€, Asian Journal of Business and Accounting, Vol 6 No 2, hal 137-153

Rosman et al, 2014, “Efficiency of Islamic Banks During the Financial Crisis an Analysis of Middle Eastern and Asian Countriesâ€, Pacific Basin Journal

Saeed, Momna dan Marwan Izzeldin, 2014, “Examining the Relationship between Default Risk and Efficiency in Islamic and Conventional Banksâ€, Journal of Economic Behavior & Organization

Sastrosuwito, Suminto dan Yasushi Suzuki, 2012, “The Impact of Competition on Bank Efficiency The Evidence from Indonesiaâ€, Business and Management Review, Vol 2, hal 01-09

Sathye, 2003, â€Efficiency of Banks in Developing Economy: The Case of Indiaâ€, European Journal of Operational Research, 148(3), hal 662-671

Schaeck, K. Dan M. Cihak, 2014, “Competition, Efficiency and Stability in Banking, Financial Managerial, Vol 42 Hal 215-241

Sealey, CW dan James T Lindley, 1977, Inputs, Outputs, and a Theory of Production and Cost at Depository Financial Institutionsâ€, The Journal of Finance

Sharma, D., Anil K. Sharma dan Mukesh K. Barua, 2013, “Efficiency and Productivity of Banking Sectorâ€, Qualitative Research in Financial Markets Vol. 5 No 2

Shawtari, Fekri Ali, Mohamed Ariff dan Shaikh Hamzah Abdul Razak, 2015, “Efficiency Assesment of Bankign Sector in Yemen using Data Envelopment Window Analysisâ€, Benchmarking: An International Journal, hal 1115-1140

Sherman, H. David dan Franklin Gold, 1985, “Bank branch operating efficiency: Evaluation with Data Envelopment Analysisâ€, Journal of Banking and Finance, Vol 9 Issue 2hal 297–315

Srairi, Samir, 2014, “Ownership structure and risk-taking behaviour in conventional and Islamic banks: Evidence for MENA countriesâ€, Borsa Istanbul Review, Vol 13, Issue 4hal 115–127

Sufian, Fadzlan dan Mohamad Akbar Noor Mohamad Noor, 2009, “The Determinants of Islamic Banks Efficiency Changes Empirical Evidence from the MENA and Asian Banking Sectors, International Journal of Islamic and Middle Eastern Finance and Management, Vol 2 No 2 Hal 120-138

Tan, Yong dan Christos Floros, 2013, “Risk, Capital and Efficiency in Chinese Bankingâ€, Journal of International Financial Markets, Institutions & Money, hal 378-393

Viverita, 2014, “Cost Efficiency and Market Power: A Test of Quiet Life and Related Hypotheses in Indonesian Banking Industryâ€, Managing Service Productivity, hal 167-190

Wanke, Peter, M.D. Abul Kalam Azad dan C.P. Barros, 2016, “Predicting Efficiency in Malaysian Islamic Banks: A Two-Stage TOPSIS and Neural Networks Approachâ€, Research in International Business and Finance, hal 485-498

Wanniarachchige, MK dan Suzuki Yasushi, 2010, “Bank Competition and Efficiency: The Case of Sri Lanka, Asia Pacific World, Vol 1 no 1 hal 117-131

Warjiyo, Perry, 2006, “Stabilitas Sistem Perbankan dan Kebijakan Moneter: Keterkaitan dan Perkembangannya di Indonesiaâ€,

Buletin Ekonomi dan Moneter Perbankan Indonesia, Vol 8 No 4

Yeh, Q, 1996, “The Application of Data Envelopment Analysis in Conjunction with Financial Ratios for Bank Performance Evaluationâ€, Journal of Operational Research Society, Vol 47 hal 980-988

Zhang, Jianhua, Chunxia Jiang, Baozhi Qu dan Peng Wang, 2013, “Market Concentration, Risk-Taking, and Bank Performance: Evidence from Emerging Economiesâ€, International Review of Financial Analysis, Vol 30 hal 149-157

www.bi.go.id

www.ojk.go.id




DOI: https://doi.org/10.31846/jae.v8i1.258

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

e-Jurnal Apresiasi Ekonnomi Indexed by:

 

        Â