Analysis Determinans Of Profit Dsitribution Management With Financing To Deposit Ratio As An Intervening Variable At Islamic Rural Banks In Banten Province
Keywords:
Profit Distribution Management; Capital Adequacy Ratio; Operational Efficiency Ratio; Non-Performing Financing; Financing to Deposit Ratio.Abstract
Purpose – This study aims to analyze the effect of Capital Adequacy Ratio (CAR), Operational Efficiency Ratio (OER), and Non-Performing Financing (NPF) on Profit Distribution Management (PDM) with Financing to Deposit Ratio (FDR) as an intervening variable at Islamic Rural Banks (BPRS) in Banten Province during the 2019-2023 period.
Methodology – This research employs a quantitative causal approach using secondary data from annual financial reports of BPRS published by the Financial Services Authority (OJK). The population consists of 8 BPRS in Banten Province. Using purposive sampling, all 8 banks were selected as samples (total sampling), resulting in 40 observational units (8 banks × 5 years). Data analysis techniques include descriptive statistical analysis, panel data regression model selection (Chow test, Hausman test, Lagrange Multiplier test), classical assumption tests (multicollinearity and heteroscedasticity), path analysis, Sobel test for mediation, and hypothesis testing (t-test and F-test) using EViews 12 software.
Findings – The results showed that: (1) CAR has a positive and significant effect on PDM; (2) OER has a negative and significant effect on PDM; (3) NPF has a negative and significant effect on PDM; (4) CAR has a positive and significant effect on FDR; (5) OER has a negative and significant effect on FDR; (6) NPF has a negative and significant effect on FDR; (7) FDR has a positive and significant effect on PDM; (8) FDR significantly mediates the influence of CAR, OER, and NPF on PDM.
Implications – BPRS in Banten Province need to maintain adequate capital, improve operational efficiency, manage financing risks prudently, and optimize intermediation function to enhance profit distribution management to customers.
Originality – This study is the first to examine PDM determinants with FDR as an intervening variable specifically at BPRS in Banten Province.
