The Effect of Capital Adequacy Ratio, Liquidity Coverage Ratio, and Operating Expenses to Operating Income on Return on Equity
DOI:
https://doi.org/10.32627/maps.v10i1.2235Keywords:
BOPO, CAR, LCR, ROEAbstract
This study was motivated by fluctuations in the Capital Adequacy Ratio (CAR), Liquidity Coverage Ratio (LCR), Operating Expenses to Operating Income (BOPO), and Return on Equity (ROE) of Bank Syariah Indonesia (BSI) during the 2021–2025 period. The study aims to examine the partial and simultaneous effects of CAR, LCR, and BOPO on ROE at BSI. A quantitative associative research design was employed using secondary data from BSI’s quarterly financial reports for 2021–2025, consisting of 20 quarterly observations. Multiple correlation, multiple regression, coefficient of determination, t-test, and F-test were used for data analysis. The results show that CAR has a significant negative effect on ROE, with a regression coefficient of ?0.266 and a significance value of 0.000. LCR has a positive but statistically insignificant effect on ROE, with a regression coefficient of 0.003 and a significance value of 0.532. BOPO has a significant negative effect on ROE, with a regression coefficient of ?0.349 and a significance value of 0.000. Simultaneously, CAR, LCR, and BOPO have a significant effect on ROE, with a multiple correlation coefficient of 0.977, an F-value of 110.922, and an R-squared value of 0.954, indicating that 95.4% of the variation in ROE in the sample is explained by the three independent variables.
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