The Effect of Macroeconomic Fundamentals on the Financial Performance with Deposits as Intervening Variables: A Case Study of Sharia Banks in Indonesia

Sri Hermuningsih(1*),

(1) Universitas Sarjanawiyata Tamansiswa Yogyakarta
(*) Corresponding Author

Abstract


The aim of this research is to determine the effect of macroeconomic funda-mentals on financial performance with deposits as intervening variables in sharia banking in Indonesia. The research of macroeconomic fundamentals in the banking sector is an important component for improving the bank's financial performance. The research samples were all sharia public banks of year 2014 until 2017. By using purposive sampling method, data analysis in this research applied Partial Least Square. The results of this research indicated that macroeconomic fundamentals and deposits have a positive effect on financial performance. The results of the study have some implications for policies which can help to improve the performance of the sharia banking sector.


Keywords


Macroeconomic fundamentals; deposits; financial performance; sharia banking

Full Text:

PDF

References


Abduh, M. & Idrees, Y. (2013). Determinants of Islamic Banking Profitability in Malaysia. Australian Journal of Basic and Applied Sciences, 7(2): 204-210.

Alper, D. & Adem, A. (2011). Bank Specific and Macroeconomic Determinants of Commercial Bank Profitability: Emprical Evidence From Turkey. Journal Business and Economics, 2(2).

Adrianti (2015). Pengaruh Tabungan, Deposito dan Kredit Modal Kerja Terhadap Rentabilitas Pada BPR di Batam Periode 2011-2014. Skripsi. Universitas Maritim Raja Ali Haji, Tanjungpinang.

Ayu, D. G. (2012). Pengaruh Tabungan dan Deposito Terhadap Rentabilitas Pada Bank Umum. Jurnal Program Studi Perbankan, Universitas Gunadarma.

Bank Indonesia (2019). Operasi Moneter: Suku Bunga Sertifikat Bank Indonesia. Diakses tanggal 29 April 2019, https://www.bi.go.id/id/moneter/operasi/suku-bunga-sbi/ Default.aspx.

Dahlan, S. (2001). Manajemen Lembaga Keuangan. Edisi Ketiga. Jakarta: Lembaga Penerbit Fakultas Ekonomi Universitas Indonesia.

Gendro, W. (2011). Merancang Penelitian Bisnis dengan Alat Analisis SPSS 17.0 & Smart PLS 2.0. Yogyakarta: Percetakan STIM YKPM.

Hasibuan, M. (2011). Dasar-Dasar Perbankan. Jakarta: PT Bumi Aksara.

Karim, A. A. (2006). Ekonomi Makro Islam. Jakarta: PT Rajagrafindo Perseda.

Kandir, S. Y. (2008). Macroeconomic Variables, Firm Characteristics, and Stock Returns: Evidence from Turkey. International Research Journal of Finance and Economics, 16.

Morris, K. M. & Morris, V. B. (1999). The Wall Street Journal Guide to Understand Money and Investing. New York: Lightbulb Press.

Muttaqiena, A. (2013). Analisis Pengaruh PDB, Inflasi, Tingkat Bunga, dan Nilai Tukar Terhadap Dana Pihak Ketiga Perbankan Syariah di Indonesia 2008-2012. Economics Development Analysis Journal, 2(3).

Oxelheim, L. & C. G. Wihlborg (1991). Corporate Strategies in a Turbulent World Economy. Management International Review, 31(4): 293-315.

Pohan, A. (2008). Potret Kebijakan Moneter Indonesia. Jakarta: PT. Raja Grafindo Persada.

Rahardjo, M. D. (1995). Bank Indonesia: Dalam Kilasan Sejarah Bangsa. Jakarta: LP3ES.

Sahara, A. Y. (2013). Analisis Pengaruh Inflasi, Suku Bunga BI dan Produk Domestik Bruto terhadap Return on Assets (ROA) Bank Syariah di Indonesia. Jurnal Ilmu Universitas Negeri Surabaya, 1(1): 149-157.

Simorangkir, I. & Suseno (2004). Sistem dan Kebijakan Nilai Tukar, Seri Kebanksentralan No. 12. Jakarta: Pusat Pendidikan dan Studi Kebanksentralan Bank Indonesia (PPSK BI).

Supriyanti, N. (2009). Analisis Pengaruh Inflasi dan Suku Bunga BI terhadap Kinerja Keuangan PT Bank Mandiri, Tbk. Berdasarkan Rasio Keuangan. Jakarta: Universitas Gunadarma.

Sukirno, S. (2000). Makro Ekonomi Modern: Perkembangan Pemikiran dari Klasik hingga Keynesian Baru. Jakarta: PT Raja Grafindo Persada.

Yunita, P. (2008). Faktor-faktor yang Mempengaruhi Dana Pihak Ketiga pada Perbankan Syariah. Jakarta: Universitas Indonesia.




DOI: https://doi.org/10.30588/jmp.v8i2.416

Article Metrics

Abstract view : 797 times
PDF - 4 times

Refbacks

  • There are currently no refbacks.


Copyright (c) 2019 Sri Hermuningsih

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

Creative Commons License
Jurnal Maksipreneur: Manajemen, Koperasi, dan Entrepreneurship is licensed under a Creative Commons Attribution 4.0 International License.
Based on a work at http://ejournal.up45.ac.id/index.php/maksipreneur.

Jurnal Maksipreneur: Manajemen, Koperasi, dan Entrepreneurship has been indexed/archived by:

DOAJGoogle Scholar Crossref Sinta EBSCO Essentials Garuda IOS Microsoft Academic ROAD Dimensions WorldCat ResearchBib Scilit logo OpenAIRE CORE Semantic Scholar EuroPub Publons

Journal of Maksipreneur: Management, Cooperative, and Entrepreneurship (JMP)

Organized by Management DepartmentUniversitas Proklamasi 45, Yogyakarta, Indonesia

Published by Universitas Proklamasi 45, Yogyakarta, Indonesia

Email: maksipreneurjurnal@gmail.com | jurnal.maksipreneur@up45.ac.id

ISSN (electronic): 2527-6638  ISSN (printed): 2089-550X