Research Article
Comparative Analysis of Banking Company Value due to the Implementation of the Digitalization System
@INPROCEEDINGS{10.4108/eai.4-11-2022.2328942, author={Khairina Natsir and Nurainun Bangun and Adithya Nugraha}, title={Comparative Analysis of Banking Company Value due to the Implementation of the Digitalization System}, proceedings={Proceedings of the International Conference on Sustainability in Technological, Environmental, Law, Management, Social and Economic Matters, ICOSTELM 2022, 4-5 November 2022, Bandar Lampung, Indonesia}, publisher={EAI}, proceedings_a={ICOSTELM}, year={2023}, month={9}, keywords={firm value digital banking price to book value price earning ratio tobin's q}, doi={10.4108/eai.4-11-2022.2328942} }- Khairina Natsir
Nurainun Bangun
Adithya Nugraha
Year: 2023
Comparative Analysis of Banking Company Value due to the Implementation of the Digitalization System
ICOSTELM
EAI
DOI: 10.4108/eai.4-11-2022.2328942
Abstract
This study aims to determine whether there is an effect of implementing regulation number 12/POJK.03/2018 issued by the financial services authority regarding digital banking on the value of commercial banking companies in Indonesia. The research method is to do a comparative test between the company value proxied by Price to Book Value, Price Earning Ratio, and Tobin's Q before and after the implementation of banking digitalization. The population is 46 banking companies listed on the IDX in 2017 and 2019. 40 companies meet the purposive sampling criteria. Data analysis was carried out to test whether there was a difference in the value of the company before (in 2017) and after (in 2019) the implementation of the banking digitalization system. The results showed that there was no difference in the value of banking companies before and after the implementation of the digitalization system.