DAFTAR ISI
ABSTRAK .....................................................................................................
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ABSTRACT .....................................................................................................
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KATA PENGANTAR ....................................................................................
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DAFTAR ISI ...................................................................................................
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DAFTAR TABEL...........................................................................................
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DAFTAR GAMBAR ......................................................................................
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DAFTAR LAMPIRAN ..................................................................................
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BAB I
PENDAHULUAN 1.1 Latar Belakang Penelitian..............................................................
1
1.2 Rumusan Masalah........................................................................... 8 1.3 Maksud dan Tujuan Penelitian ....................................................... 9 1.4 Kegunaan Penelitian ....................................................................... 10 1.5 Lokasi dan Waktu Penelitian .......................................................... 10
BAB II TINJAUAN PUSTAKA, KERANGKA PEMIKIRAN DAN HIPOTESIS PENELITIAN 2.1 Tinjauan Pustaka.......................................................................
12
2.1.1 Definisi, fungsi, jenis Bank, dan kegiatan usaha bank ..........
12
2.1.2 Penilaian tingkat kesehatan Bank ...........................................
17
2.1.2.1 Metode CAMELS ...............................................................
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2.1.2.1.1 Permodalan ...........................................................
18
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2.1.2.1.2 Kualitas Aset.........................................................
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2.1.2.1.3 Manajemen ...........................................................
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2.1.2.1.4 Earnings................................................................
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2.1.2.1.5 Likuiditas ..............................................................
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2.1.2.1.6 Sensitivitas terhadap risiko pasar .........................
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2.1.2.2 Metode RGEC (Risk, GCG, Earnings, Capital).................
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2.1.2.2.1 Profil resiko ..........................................................
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2.1.2.2.2 Earnings ...............................................................
29
2.1.2.2.3 Capital ..................................................................
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2.1.3 Laporan Keuangan dan Kinerja Perbankan ...........................
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2.1.3.1 Laporan Keuangan ...................................................
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2.1.3.2 Kinerja Perbankan....................................................
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2.1.3.3 Penjelasan singkat indikator atau rasio-rasio keuangan untuk mengukur kinerja perbankan .........................
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2.1.4 Definisi Bursa Efek dan Bursa Efek Indonesia ......................
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2.1.4.1 Definisi Bursa Efek ....................................................
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2.1.4.2 Definisi Bursa Efek Indonesia ...................................
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2.1.5 Saham .....................................................................................
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2.1.5.1 Jenis-jenis Saham .......................................................
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2.1.5.2 Harga saham ...............................................................
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2.1.5.3 Analisis Saham ...........................................................
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2.1.6 Teori Sinyal (Signalling Theory) ............................................
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2.1.7 Efficient Market Theory ..........................................................
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2.2 Kerangka Pemikiran ..................................................................
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2.3 Hipotesis Penelitian ...................................................................
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BAB III OBJEK DAN METODE PENELITIAN 3.1 Objek Penelitian ........................................................................
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3.2 Metode Penelitian ......................................................................
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3.2.1 Metode yang digunakan ...............................................
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3.2.2 Operasionalisasi Variabel.............................................
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3.2.3 Populasi dan Teknik Penentuan Sampel .....................
63
3.2.4 Teknik Pengumpulan Data ...........................................
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3.2.5 Rancangan Pengujian Hipotesis ...................................
66
BAB IV HASIL PENELITIAN DAN PEMBAHASAN 4.1 Hasil Penelitian ..........................................................................
73
4.1.1
Deskripsi Hasil Penelitian ............................................
73
4.1.2
Analisis Data ...............................................................
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4.1.2.1 Uji Asumsi Klasik .......................................................
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4.1.2.3 Analisis Secara Parsial (Uji t)......................................
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4.1.2.4 Analisis Regresi Sederhana .........................................
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4.2 Pembahasan.................................................................................
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4.2.1 Pengaruh penilaian kesehatan dengan metode CAMELS dan RGEC terhadap harga saham .................................................
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4.2.2 Pengaruh penilaian kesehatan dengan metode RGEC terhadap harga saham ...........................................................................
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4.2.3 Perbedaan tingkat kesehatan menurut metode CAMELS dan RGEC .....................................................................................
BAB V
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KESIMPULAN DAN SARAN 5.1 Kesimpulan ...............................................................................
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5.2 Saran .........................................................................................
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DAFTAR PUSTAKA......................................................................................
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LAMPIRAN ....................................................................................................
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DAFTAR TABEL
Tabel 1.1 Data rasio kinerja keuangan Bank yang terdaftar di BEI Tahun 2012 dan 2013 3 Tabel 2.1 Matriks Kriteria Peringkat Komponen Permodalan ...................................... 19 Tabel 2.2 Matriks Kriteria Peringkat Komponen KAP ................................................. 20 Tabel 2.3 Matriks Kriteria Peringkat Komponen ROA ................................................ 22 Tabel 2.4 Matriks Kriteria Peringkat Komponen ROE ................................................. 22 Tabel 2.5 Matriks Kriteria Peringkat Komponen NIM/NOM ...................................... 23 Tabel 2.6 Matriks Kriteria Peringkat Komponen BOPO .............................................. 23 Tabel 2.7 Matriks Kriteria Peringkat Komponen LDR ................................................. 24 Tabel 2.8 Bobot PK Komponen NPL (Non Performing Loan) ..................................... 27 Tabel 2.9 Bobot PK Komponen NPA (Non Performing Assets) .................................. 28 Tabel 2.10 Bobot PK Komponen Kecukupan Pembentukan CKPN ............................ 28 Tabel 2.11 Bobot PK Komponen LDR (Loan to Deposit Ratio) .................................. 29 Tabel 2.12 Bobot PK Komponen ROA (Return on Asset) ........................................... 30 Tabel 2.13 Bobot PK ROE (Return on Equity) ............................................................ 30 Tabel 2.14 Bobot PK Komponen NIM (Net Interest Margin) ..................................... 31 Tabel 2.15 Bobot PK Komponen BOPO (Beban Operasi terhadap Pendapatan Operasi) 31 Tabel 2.16 Bobot PK Komponen KPMM (Kewajiban Penyediaan Modal Minimum) ... 32 Tabel 2.17 Pedoman perhitungan rasio keuangan ........................................................ 33 Tabel 2.18 Penelitian Terdahulu .................................................................................. 49 Tabel 3.1 Definisi Operasional Variabel CAMELS ..................................................... 59 Tabel 3.2 Definisi Operasional Variabel RGEC ........................................................... 59 Tabel 3.3 Perusahaan yang dijadikan Sebagai Sampel Penelitian ................................ 64 Tabel 3.4 Pedoman Interpretasi Terhadap Koefisien Korelasi ..................................... 69 Tabel 4.1 Data peringkat Kesehatan Bank ................................................................... 73 xii
Tabel 4.2 komposit penilaian CAMELS ...................................................................... 75 Tabel 4.3. Peringkat Komposit RGEC ......................................................................... 76
Tabel 4.4 Data harga saham penutupan (closing price) ..................................... 78 Tabel 4.5 Uji Normalitas One Sample Kolmogorov-Smirnov Test .............................. 81
Tabel 4.6 Uji T CAMELS .................................................................................. 84 Tabel 4.7 Uji T RGEC ....................................................................................... 84 Tabel 4.8 Uji Beda ............................................................................................ 85 Tabel 4.9 Uji Regresi Sederhana CAMELS ...................................................... 86 Tabel 4.10 Uji Regresi sederhana RGEC ........................................................... 86 Tabel 4.11 Pedoman Interpretasi Terhadap Koefisien Korelasi ................................... 88
Tabel 4.12 Uji autokolerasi CAMELS ............................................................... 88 Tabel 4.13 Uji autokolerasi RGEC .................................................................... 88
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DAFTAR GAMBAR
Gambar 2.1 Kerangka Pemikiran ....................................................................... 54 Gambar 4.1 Grafik Normal P-P Plot CAMELS ................................................. 80 Gambar 4.1.1 Grafik Normal P-P Plot RGEC ................................................... 80 Gambar 4.2 Grafik Histogram CAMELS dan RGEC ........................................ 82 Gambar 4.3 Output Scatterplot .......................................................................... 83
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DAFTAR LAMPIRAN
Lampiran 1. Surat pernyataan perubahan topik/judul skripsi Lampiran 2. Formulir pengajuan penulisan skripsi program studi S1 Akuntansi Lampiran 3. S.K Penetapan Pembimbing Penyusunan dan Penulisan Skripsi. Lampiran 4. Photocopy Kartu Bimbingan. Lampiran 5. Perhitungan penilaian kesehatan CAMELS Lampiran 6. Perhitungan penilaian kesehatan RGEC Lampiran 7. Peringkat kesehatan bank tahun 2012-2013 Lampiran 8. Perhitungan Statistik. Lampiran 9. Tabel F dan t. Lampiran 10. Daftar Riwayat Hidup Penulis. Lampiran 11. Laporan Keuangan publikasi Bank
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