Behavioral finance pada kinerja perbankan: analisis loss aversion, overreaction, herding behavior dimediasi leverage
Info Katalog
File Repositori
Penerbit : FEB - Usakti
Kota Terbit : Jakarta
Tahun Terbit : 2026
Pembimbing 1 : Bahtiar Usman
Kata Kunci : Behavioral Finance; Capital Structure; Loss Aversion; Overreaction; Herding Behavior; Bank Performan
Status Posting : Published
Status : Lengkap
File Repositori
| No. | Nama File | Hal. | Link |
|---|---|---|---|
| 1. | 2026_DS_DIE_221022211002_Halaman-Judul.pdf | ||
| 2. | 2026_DS_DIE_221022211002_Surat-Pernyataan-Revisi-Terakhir.pdf | 1 | |
| 3. | 2026_DS_DIE_221022211002_Surat-Hasil-Similaritas.pdf | 1 | |
| 4. | 2026_DS_DIE_221022211002_Halaman-Pernyataan-Persetujuan-Publikasi-Tugas-Akhir-untuk-Kepentingan-Akademis.pdf | 1 | |
| 5. | 2026_DS_DIE_221022211002_Lembar-Pengesahan.pdf | 4 | |
| 6. | 2026_DS_DIE_221022211002_Pernyataan-Orisinalitas.pdf | 1 | |
| 7. | 2026_DS_DIE_221022211002_Formulir-Persetujuan-Publikasi-Karya-Ilmiah.pdf | 1 | |
| 8. | 2026_DS_DIE_221022211002_Bab-1.pdf | ||
| 9. | 2026_DS_DIE_221022211002_Bab-2.pdf |
|
|
| 10. | 2026_DS_DIE_221022211002_Bab-3.pdf |
|
|
| 11. | 2026_DS_DIE_221022211002_Bab-4.pdf |
|
|
| 12. | 2026_DS_DIE_221022211002_Bab-5.pdf | ||
| 13. | 2026_DS_DIE_221022211002_Daftar-Pustaka.pdf | ||
| 14. | 2026_DS_DIE_221022211002_Lampiran.pdf |
|
T Tujuan– penelitian ini bertujuan untuk menganalisis pengaruh loss aversion,overreaction, dan herding behavior sebagai variabel utama behavioral financepada perusahaan perbankan yang terdaftar di bursa efek indonesia denganleverage sebagai variabel mediasi, serta non-performing loan (npl), dana pihakketiga (dpk), suku bunga (sub), dan gross domestic product (gdp) sebagaivariabel kontrol. penelitian ini berfokus pada pemahaman bagaimana bias perilakuinvestor dan implikasinya terhadap keputusan keuangan perusahaan memengaruhistruktur keuangan serta kinerja pasar dan profitabilitas perbankan di indonesiasebagai negara berkembang.metode penelitian– penelitian ini menggunakan pendekatan kuantitatif dengananalisis data menggunakan metode regresi data panel. sampel penelitian terdiri dariperusahaan perbankan yang terdaftar di bursa efek indonesia (bei) selama periode2018–2024. variabel kinerja perusahaan diukur menggunakan harga saham(closing price) dan return on assets (roa), sementara leverage diukur dengandebt to equity ratio. analisis statistik dilakukan dengan software e-views 13.hasil– hasil penelitian ini menunjukkan faktor behavioral finance lebih dominanmemengaruhi kinerja perbankan berbasis pasar dibandingkan berbasis akuntansi.harga saham lebih sensitif terhadap sentimen investor dan kondisi makroekonomi,sedangkan roa dipengaruhi faktor fundamental. leverage berperan sebagaimediasi pada harga saham, namun tidak pada roa, sehingga memperkuat integrasibehavioral dan corporate finance.implikasi dan keterbatasan penelitian– temuan penelitian ini memperkuat teorihubungan antara behavioral finance dan corporate finance dengan menunjukkanbahwa bias perilaku memengaruhi keputusan struktur modal dan kinerja keuangan.implikasi praktisnya, manajer perlu mempertimbangkan aspek psikologis dalamkebijakan leverage dan pengambilan keputusan strategis, sementara regulator perlumemperkuat literasi perilaku serta pengawasan stabilitas permodalan di sektorperbankan. penelitian ini terbatas pada sektor perbankan, sehingga hasilnya belumdapat digeneralisasi ke sektor lain.orisinalitas– penelitian ini memperluas literatur behavioral finance denganmengembangkan model yang menghubungkan bias perilaku terhadap kinerjaperusahaan melalui leverage sebagai variabel mediasi
P Purpose– this study aims to analyze the influence of loss aversion, overreaction,and herding behavior as the main variables of behavioral finance on bankingperformance listed on the indonesia stock exchange, with leverage as a mediatingvariable, and non-performing loans (npl), third-party funds (dpk), interestrates (sub), and gross domestic product (gdp) as control variables. the studyfocuses on understanding how investor behavioral biases and their implications forcorporate financial decisions influence financial structure as well as marketperformance and profitability of the indonesian banking sector as a developingeconomy.methodology– this study applies a quantitative approach using panel dataregression analysis. the sample consists of banking companies listed on theindonesia stock exchange (idx) during the 2018–2024 period. companiesperformance is measured by closing price and return on assets (roa), whileleverage is measured by the debt to equity ratio (der). statistical analysis isconducted using eviews 13.findings– the finding of this study indicate that behavioral finance factors exert astronger influence on market-based banking performance than on accounting-basedperformance. stock prices are more sensitive to investor sentiment andmacroeconomic conditions, whereas roa is primarily driven by fundamentalfactors. leverage mediates the relationship with stock prices but not with roa,reinforcing the integration of behavioral and corporate finance.implications and limitations– this study findings strengthen the integrationbetween behavioral finance and corporate finance by showing that behavioralbiases influence capital structure and financial performance decisions. practically,managers should consider psychological aspects in leverage and strategic decision-making, while regulators should enhance behavioral literacy and capital stabilitysupervision. the study is limited to the banking sector; thus, future research shouldextend to other industries.originality– this study expands behavioral finance literature by developing amodel linking behavioral biases to companies performance through leverage as amediating variable.
Info Koleksi Disertasi
Universitas
Fakultas
Tahun Terbit