Pengaruh Sentimen Investor terhadap Stabilitas Bank di Indonesia

Abstract

This study aims to determine the effect of investor sentiment on bank stability in Indonesia. With indications of bank stability measurements are zscore, credit growth, non-performing loans, and non-performing loans. The indications of investor sentiment measurement are investor sentiment in the previous period, credit growth, deposit growth, and total credit in the previous period. This research is a type of quantitative descriptive research. The regression used in this study is two-stage least square (2SLS) regression. The data used is secondary data with a population of 46 commercial banks listed on the Indonesia Stock Exchange. The objects selected were 40 banks that consistently published annual financial reports during the 2018-2022 period. The results showed that simultaneously investor sentiment in the previous period affects bank stability. However, partially, the results show that the negative and insignificant influence between investor sentiment on zscore, credit growth, non-performing loans, and non-performing loans. Indications of credit growth have a negative and insignificant effect on zscore. However, credit growth has a negative but significant effect on non-performing loans. Likewise, indications of credit growth have a positive and insignificant effect on non-performing loans. The indication of deposit growth and total credit in the previous period has a positive and significant effect on the indication of credit growth.