PENGARUH SUSTAINABILITY REPORT, INTELLECTUAL CAPITAL, DAN CREDIT RISK TERHADAP KINERJA KEUANGAN PERUSAHAAN FINTECH DI INDONESIA

GHINA MUTHMAINNAH ZAIN, . (2026) PENGARUH SUSTAINABILITY REPORT, INTELLECTUAL CAPITAL, DAN CREDIT RISK TERHADAP KINERJA KEUANGAN PERUSAHAAN FINTECH DI INDONESIA. Sarjana thesis, UNIVERSITAS NEGERI JAKARTA.

	Text COVER.pdf Download (1MB)
	Text BAB I.pdf Download (423kB)
	Text BAB II.pdf Restricted to Registered users only Download (395kB) | Request a copy
	Text BAB III.pdf Restricted to Registered users only Download (388kB) | Request a copy
	Text BAB IV.pdf Restricted to Registered users only Download (418kB) | Request a copy
	Text BAB V.pdf Restricted to Registered users only Download (187kB) | Request a copy
	Text DAFTAR PUSTAKA.pdf Download (193kB)
	Text Lampiran.pdf Restricted to Registered users only Download (1MB) | Request a copy

Abstract

Penelitian ini bertujuan untuk menganalisis pengaruh Sustainability Report (SR), Intellectual Capital (VAIC), dan Credit Risk (NPL) terhadap Kinerja Keuangan (ROA) dengan Firm Size sebagai variabel kontrol pada perusahaan bank digital (Fintech) yang terdaftar di Bursa Efek Indonesia (BEI) periode 2019–2024. Penelitian ini dibangun di atas landasan grand theory yaitu Teori Legitimasi (Legitimacy Theory) dan Teori Sinyal (Signaling Theory), serta didukung oleh middle-range theory yaitu Teori Berbasis Sumber Daya (Resource-Based View / RBV). Menggunakan teknik purposive sampling, diperoleh sampel sebanyak 13 perusahaan dengan total 78 observasi data panel seimbang (balanced panel). Analisis data mengeksekusi metode Feasible Generalized Least Squares (FGLS) untuk mengoreksi pelanggaran asumsi heteroskedastisitas ekstrem, serta dilengkapi dengan pengujian ketahanan model (robustness check). Hasil penelitian secara empiris membuktikan bahwa Intellectual Capital berpengaruh positif dan signifikan terhadap ROA, yang menegaskan relevansi Resource-Based View bahwa keunggulan bersaing entitas fintech yang bersifat asset-light sangat bertumpu pada efisiensi modal intelektual. Sementara itu, Sustainability Report dan Credit Risk terbukti tidak berpengaruh signifikan terhadap Kinerja Keuangan, yang menunjukkan bahwa pengungkapan ESG masih dipersepsikan sebagai compliance cost dan risiko kredit telah terantisipasi oleh batas margin bunga yang tinggi (high�yield) selama periode Tech Winter. Variabel kontrol Firm Size terbukti berpengaruh positif dan signifikan, mengonfirmasi berlakunya prinsip economies of scale **** This study aims to analyze the effect of Sustainability Report (SR), Intellectual Capital (VAIC), and Credit Risk (NPL) on Financial Performance (ROA), with Firm Size as a control variable, in digital banking (Fintech) companies listed on the Indonesia Stock Exchange (IDX) for the 2019–2024 period. This research is constructed upon the foundation of grand theories, namely Legitimacy Theory and Signaling Theory, supported by a middle-range theory, namely the Resource Based View (RBV). Using a purposive sampling technique, a sample of 13 companies with a total of 78 balanced panel data observations was obtained. The data analysis executed the Feasible Generalized Least Squares (FGLS) method to correct for extreme heteroskedasticity violations, complemented by model robustness tests. The empirical results prove that Intellectual Capital has a positive and significant effect on ROA, reinforcing the relevance of the Resource-Based View that the competitive advantage of asset-light fintech entities heavily relies on intellectual capital efficiency. Meanwhile, Sustainability Report and Credit Risk were proven to have no significant effect on Financial Performance, indicating that ESG disclosures are still perceived as a compliance cost, and credit risks have been anticipated by high interest margin buffers (high yield) during the Tech Winter period. The control variable, Firm Size, was proven to have a positive and significant effect, confirming the applicability of economies of scale principles

Item Type:	Thesis (Sarjana)
Additional Information:	1). Prof. Dr. Umi Widyastuti, S.E., M.E.; 2). Dicky Iranto, S.E., M.SE.
Subjects:	Manajemen > Manajemen , Business
Divisions:	FE > S1 Manajemen
Depositing User:	Ghina Muthmainnah Zain .
Date Deposited:	18 Aug 2026 06:53
Last Modified:	18 Aug 2026 06:53
URI:	http://repository.unj.ac.id/id/eprint/71766

Actions (login required)

View Item