Likuiditas Terhadap Profitabilitas Pada Perusahaan Sektor Perbankan Di Indonesia Dan Malaysia

Abstract

This study aims to obtain empirical evidence regarding the effect of liquidity on the profitability of banking sector companies listed in the Indonesian capital market and the Malaysian capital market. The Indonesian Capital Market and the Malaysian Capital Market are capital markets that are categorized as developing markets, where the capital market with this category is not as efficient as the advanced market capital market. Liquidity is proxied by Current Ratio and Loan to Deposit Ratio, while profitability is measured using Return on Assets, Return on Equity, and Return on Investment. The data used is secondary data, which is taken from the sample annual financial statements for the observation period from 2010 - 2019. Hypothesis testing is carried out using multiple regression equations. The test results in Indonesia show that LDR has a significant effect on ROA and ROI, has no effect on ROE, while CR has no effect on ROA, ROI, or ROE. The test results in Malaysia show that LDR has no effect on ROA, ROE, and ROI, while CR has an effect on ROI and ROA, but has no effect on ROE. The results of the combined data test show that LDR has an effect on ROI and ROA but has no effect on ROE, while CR only affects ROA and has no effect on ROI and ROE.