Determinants of sustainable growth for commercial banks in Indonesia with bank performance as mediator = Penentu pertumbuhan berkelanjutan bank umum di Indonesia dengan kinerja bank sebagai mediator

Linggadjaya, Restiana Ie Tjoe ORCID: https://orcid.org/0000-0003-0057-586X (2025) Determinants of sustainable growth for commercial banks in Indonesia with bank performance as mediator = Penentu pertumbuhan berkelanjutan bank umum di Indonesia dengan kinerja bank sebagai mediator. Doctoral thesis, Universitas Pelita Harapan.

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Abstract

This research evaluates the determinants of sustainable growth within Indonesian commercial banks with bank performance acting as a mediating factor. Employing the generalized method of moments (FD-GMM), the study uses secondary data from all listed commercial banks in Indonesia from 2013 to 2022, encompassing 399 observations. The novelty contribution of this research lies in eight bank-specific characteristics for commercial banks on sustainable growth with bank performance as a mediator. The study introduces two novel predictors, which are funding and loan growth. The findings reveal that prior sustainable growth, bank performance, and loan growth significantly influence current sustainable growth, whereas liquidity and efficiency exert a negative impact. In contrast to previous studies, asset quality showed no significant effect, attributable to new government relaxation policies implemented to mitigate the impacts of the COVID-19 pandemic. Bank performance was found to fully mediate the negative effect of asset quality and efficiency, while the positive effects of asset management and financial leverage on sustainable growth. The direct impact of efficiency was more pronounced than its indirect effect, with a partial mediating influence. Future research should extend the analysis to commercial banks in ASEAN countries, examining both the direct and indirect effects of bank-specific characteristics on sustainable growth. / Penelitian ini mengevaluasi faktor penentu pertumbuhan berkelanjutan pada bank umum di Indonesia dengan kinerja bank sebagai faktor mediasi. Dengan menggunakan generalized method of moments, penelitian ini menggunakan data sekunder dari semua bank umum yang terdaftar di Indonesia dari tahun 2013 hingga 2022, yang mencakup 399 pengamatan. Kontribusi keterbaruan dari penelitian ini terletak pada delapan karakteristik khusus bank pada pertumbuhan berkelanjutan pada pada bank umum dengan kinerja bank sebagai mediator. Studi ini memperkenalkan dua prediktor baru yaitu pendanaan dan pertumbuhan pinjaman. Temuan ini mengungkapkan bahwa pertumbuhan berkelanjutan sebelumnya, kinerja bank, dan pertumbuhan kredit secara signifikan memengaruhi pertumbuhan berkelanjutan saat ini, sedangkan likuiditas dan efisiensi memberikan dampak negatif. Berbeda dengan penelitian sebelumnya, kualitas aset tidak menunjukkan efek yang signifikan, disebabkan oleh kebijakan relaksasi baru yang diterapkan pemerintah untuk memitigasi dampak pandemi COVID-19. Kinerja bank ditemukan sepenuhnya memediasi efek negatif dari kualitas aset dan efisiensi, sementara efek positif dari manajemen aset dan leverage keuangan terhadap pertumbuhan yang berkelanjutan. Dampak langsung dari efisiensi lebih menonjol daripada efek tidak langsungnya, dengan pengaruh mediasi parsial. Penelitian di masa depan seyogyanya memperluas analisis ke bank-bank komersial di negara-negara ASEAN, meneliti efek langsung dan tidak langsung dari karakteristik spesifik bank pada pertumbuhan berkelanjutan.
Item Type: Thesis (Doctoral)
Creators:
Creators
NIM
Email
ORCID
Linggadjaya, Restiana Ie Tjoe
NIM01617210022
restiana.linggadjaya@gmail.com
Contributors:
Contribution
Contributors
NIDN/NIDK
Email
Thesis advisor
Atahau, Apriani Dorkas Rambu
NIDN0613047401
apriani.rambu@uksw.edu
Thesis advisor
Ugut, Gracia Shinta S.
NIDN20140057
gracia.ugut@uph.edu
Thesis advisor
Kim, Sung Suk
NIDK20070044
sungsuk.kim@uph.edu
Uncontrolled Keywords: Funding ; Higgins ; Loan Growth ; Mediating Bank Performance ; Sustainable Growth
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: University Subject > Current > Faculty/School - UPH Karawaci > Business School > Doctor of Management
Current > Faculty/School - UPH Karawaci > Business School > Doctor of Management
Depositing User: Restiana I Tjoe Linggadjaya
Date Deposited: 28 Feb 2025 10:08
Last Modified: 28 Feb 2025 10:08
URI: http://repository.uph.edu/id/eprint/67449

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