DAMPAK KESEHATAN BANK TERHADAP NILAI PERUSAHAAN SEKTOR PERBANKAN YANG TERDAFTAR DI BEI 2020-2023

This study aims to analyze the impact of bank health on the banking firm’s value, using the RGEC method (Risk Profile, Good Corporate Governance, Earnings, and Capital) as a framework, with a focus on companies listed on the Indonesia Stock Exchange (IDX) from 2020 to 2023. The research adopts an explanatory quantitative approach, utilizing financial reports from 47 banking firms, with a purposive sampling method selecting 36 companies as the final sample. Data analysis was conducted using multiple linear regression via SPSS 25. The findings reveal that the Risk Profile does not significantly influence firm value, while Good Corporate Governance (GCG) and Earnings have a significant positive impact. In contrast, Capital does not have a significant effect. The regression model is significant (F = 4.603, p = 0.002), but it explains only 11.7% of the variance in firm value, indicating that other factors also contribute to determining a banking firm’s value. These results underscore the importance of GCG and Earnings in shaping investor perception and firm valuation, while suggesting that Capital plays a less crucial role.