The Effect of Operational Efficiency Ratio (BOPO) and Credit Loss Provision (CKPN) on Company Value at PT Bank Negara Indonesia (Persero) Tbk for the Period 2016–2025

Chelsea Tasya Shabila

doi:10.61536/escalate.v4i4.793

Authors

Chelsea Tasya Shabila Program Studi Manajemen Fakultas Ekonomi Dan Bisnis Universitas Pamulang Tangerang Selatan

DOI:

https://doi.org/10.61536/escalate.v4i4.793

Keywords:

Operational Efficiency Ratio (BOPO), Credit Loss Provision (CKPN), Firm Value, Price to Book Value (PBV), PT Bank Negara Indonesia (Persero) Tbk

Abstract

This study aims to determine the effect of the Operational Efficiency Ratio (BOPO) and Credit Loss Provision (CKPN) on Company Value measured using Price to Book Value (PBV) at PT Bank Negara Indonesia (Persero) Tbk for the period 2016–2025, both partially and simultaneously. The research method used is a quantitative approach with secondary data in the form of BNI's annual financial statements for ten years, which are analyzed using descriptive statistics, classical assumption tests, multiple linear regression, and hypothesis testing through t-tests and F-tests. The results of the study indicate that partially, BOPO does not have a significant effect on PBV (t count -0.623 < t table 2.365; sig. 0.553 > 0.05), as well as CKPN (t count -0.927 < t table 2.365; sig. 0.385 > 0.05). Simultaneously, BOPO and CKPN also did not have a significant effect on PBV (F count 0.964 < F table 4.74; sig. 0.427 > 0.05), which indicates that investors did not make these two ratios the main consideration in assessing the company in this research period.

Downloads

Download data is not yet available.

References

Ghozali, I. (2018). Aplikasi analisis multivariate dengan program IBM SPSS 25 (Edisi ke-9). Universitas Diponegoro.

Hery. (2016). Analisis laporan keuangan: Integrated and comprehensive edition. Gramedia Widiasarana Indonesia.

Hidayah, R., & Sakti, R. K. (2023). Analisis pengaruh kinerja keuangan perbankan terhadap nilai perusahaan dengan profitabilitas sebagai variabel intervening. Contemporary Studies in Economic, Finance and Banking, 2(1), 72–82. https://doi.org/10.21776/csefb.2023.02.1.07

Kabak, Y., Irvan Nur, M., & Herman, H. H. (2026). Kedudukan strategis kepemilikan institusional dalam memoderasi pengaruh cadangan kerugian penyusutan nilai terhadap nilai industri. Nusantara Hasana Journal, 5(10).

Kasmir. (2019). Analisis laporan keuangan. Rajawali Pers.

Mustikaweni, R., Tesniwati, R., Kustamtinah, L., & Dahliawati, A. (2024). The effect of NPL, LDR, and BOPO on company value (PBV) through ROA and company value (PBV) on investment decisions (PER). Indo-Fintech Intellectuals: Journal of Economics and Business, 4(2), 105–116. https://doi.org/10.54373/ifijeb.v4i2.1144

Nuryani, A. (2022). Pengaruh cost of fund dan penyaluran kredit terhadap return on assets pada BPR Gitamakmur Utama. Jurnal ARASTIRMA Universitas Pamulang, 2(1), 71–79.

Purwantono, I. (2025, 5 Juni). Terungkap 147 kasus fraud di 2024, BNI pecat 74 pegawai untuk tegaknya integritas. Inilah.com. https://www.inilah.com/terungkap-147-kasus-fraud-di-2024-bni-pecat-74-pegawai-untuk-tegaknya-integritas

Sugiyono. (2019). Metode penelitian kuantitatif, kualitatif, dan R&D. Alfabeta.