Performance and Dividend Policy of State-Owned Banks Before and After COVID-19

Authors

  • I Wayan Budi Artha Pancasila University, Jakarta, Indonesia.
  • Tri Widyastuti Bhayangkara Jakarta Raya University, Jakarta, Indonesia.
  • Irvandi Gustari Pancasila University, Jakarta, Indonesia.

DOI:

https://doi.org/10.18488/89.v8i1.2989

Abstract

The purpose of this study was to analyze the performance and dividend policy of State-Owned Banks before and after the Covid-19. The research period is 2018-2021, with the sampling technique is saturated sampling, where all members of the population are used as samples. The analytical tool used is the Different Test (T-Test) supported by the SPSS program. The results show that the performance of State-Owned Banks, namely market capitalization, profitability, credit quality and liquidity is different before and after the Covid-19, while the dividend policy is not different. The market capitalization and profitability of State-Owned Banks have decreased and liquidity has improved after the Covid-19, as a result of deteriorating credit quality. Deteriorating credit quality after the Covid-19 resulted in decreased loan productivity and increased loss reserves and banks were more careful in distributing credit so that the liquidity was getting looser which resulted in decreased profitability.

Keywords:

Market capitalization, Profitability, Credit quality, Liquidity, Dividend policy, COVID-19 pandemic.

Published

2022-05-09

How to Cite

Artha, I. W. B. ., Widyastuti, T. ., & Gustari, I. . (2022). Performance and Dividend Policy of State-Owned Banks Before and After COVID-19 . Financial Risk and Management Reviews, 8(1), 12–19. https://doi.org/10.18488/89.v8i1.2989

Issue

Section

Articles