Analisis Car Dan Carm Terhadap Rasio Profitabilitas Dan Nilai Perusahaan Pada Perbankkan Yang Terdaftar Di Bursa Efek Indonesia (2009-2013)

Abstract

Banking performance can be assessed with the financial ratio analysisapproach. Bank Indonesia Regulation Number 6/10/PBI/2004 dated 12 April 2004about the Banking rating system, one of them by using the CAR (Capital AdequacyRatio) or the minimum capital adequacy. Capital Adequacy Ratio or Capital AdequacyRatio(CAR) is an assessment tool for decision-making tool for the investment banks issuing shares. This study a medto analyze the effect ofcapital adequacy ratio that takesinto account the credit risk and market risk on profitability, risk intermediation andbanking.Secondary data were obtained from the publications published by the IndonesiaStock Exchange in banking companies listed in Indonesia Stock Exchange time periodof 2009 to 2013. Total population in this study were 31 banking companies. Analysistechnique used is Analysis Of Path (PATH) because it uses two dependent variablesthey are Retrun On Asset (Y1), Price Book Value (Y2), where as the independentvariables that take into account the credit risk CAR (X1) and CAR that market risk (X2).The results showed that the level of capital adequacy Simultaneously taking intoaccount the credit risk and capital adequacy with the market risk has a significantrelationship to the function Retrun On Asset (ROA), Price Book Value (PBV),it is seenfrom the results of the T test where significance ¤0.05 . Partially capital adequacy ratiothat takes into account the credit risk and market risk only has a significant connectionto Retrun on Asset and Price Book Value Through Retrun on Asset. This study alsoexplains that the capital adequacy ratio that takes into account the credit risk moreinfluence on the performance of bank.Keywords: Capital Adequacy Ratio(CAR) that takes into account risk and market risk(CARM), Retrun On Asset (ROA),Price Book Value ( PBV