Analysis of the Influence of Enterprise Risk Management, Profitability, and Liabilities on the Value of Banking Companies Listed on the Indonesia Stock Exchange
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| Issue | Vol 9 No 1 (2026): Talenta Conference Series: Local Wisdom, Social, and Arts (LWSA) | |
| Section | Articles | |
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Copyright (c) 2026 Talenta Conference Series: Local Wisdom, Social, and Arts (LWSA)  This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. |
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| Galley | ||
| DOI: | https://doi.org/10.32734/lwsa.v9i1.2738 | |
| Keywords: | Enterprise Risk Management (ERM) Profitability Liability Firm Value | |
| Published | 2026-03-09 |
Abstract
This study aims to determine the effect of Enterprise Risk Management (ERM), Profitability and Liability on the value of banking companies. The variables used in this study are Enterprise Risk Management (ERM), Profitability as measured by Return On Asset (ROA) and liabilities as measured by Loan To Deposite Ratio (LDR). The sample in this study used banking sector companies listed on the Indonesia Stock Exchange in 2019-2023 with a total sample of 23 banking companies that have been determined based on certain criteria. The data used in this study are secondary data. The analysis technique used to test the hypothesis is the panel data analysis method. The results showed that the Enterprise Risk Management (ERM) variable had a positive and insignificant effect on the value of banking companies, the Profitability variable had a significant positive effect on the value of banking companies, and the Liability variable had a negative and insignificant effect on the value of banking companies.
