Email this article DAMPAK PENETRASI BANK ASING TERHADAP KINERJA KEUANGAN BANK ISLAM DI INDONESIA
Abstract
Indonesia, with the observation period 1999-2013. The method of analysis employed was descriptive statistics
and multiple regressions. The result of the study indicated that capital adequacy ratio had a negative influence
on the financial performance, measured using return on assets (ROA) of domestic Islamic banks in Indonesia
while liquidity ratio did not influence ROA. Surprisingly this study revealed that foreign banks entry had a
negative effect, insignificant influence on the financial performance of Islamic banks. This result supported the
views that foreign banks entry had an adverse effect on the performance of domestic banks in several emerging
market economies worldwide, but against the notion that foreign banks entry brought positive effects on the
performance of incumbent banks.
Full Text:
pdfReferences
Acheampong, N.K. 2013. The Effects of Foreign Bank Entry on Financial Performance of Domestic-Owned Banks in Ghana. The International Journal of Business and Finance Research, 7(3): 93-104.
Aliber, R.Z. 2002. The New International Money Game. 6th Edition. Chicago, IL: University of Chicago Press.
Ardianto, R.A. 2012. Pengaruh Masuknya Bank Asing terhadap Kinerja Bank Domestik. Thesis. Fakultas Ekonomi dan Bisnis Universitas Kristen Satya Wacana.
Asiedu, E. 2006. Foreign Direct Investment in Africa: The Role of Natural Resources, Market Size, Government Policy, Institutions, and Political Instability. The World Economy, 29(1): 63-77.
Balasubramanyan, L. 2009. Measuring the Efficiency of Financial Inputs for Entrepreneurship. Working Paper. Networks Financial Institute.
Beck, T., Demirgüç-Kunt, A., & Levine, R. 2006. Bank Concentration, Competition, and Crises: First Results. Journal of Banking & Finance, 30(5), 1581-1603.
Berger, A.N., Hasan, I., & Zhou, M. 2009. Bank Ownership and Efficiency in China: What Will Happen in the World’s Largest Nation? Journal of Banking & Finance, 33(1): 113–130.
Bhaumik, S.K. & Gelb, S. 2005. Determinants of MNCs’ Mode of Entry into an Emerging Market: Some Evidence from South Africa and Egypt. Emerging Markets Finance and Trade, 41(2): 5-24.
Boldrin, M. & Levine, D.K. 2009. Market Size and Intellectual Property Protection. International Economic Review, 50(3): 855-881.
Briones, I. & Villela, A. 2006. European Bank Penetration During the First Wave of Globalization: Lessons from Brazil and Chile. European Review of Economic History, 10(3): 329-345.
Buchs, T. & Mathisen, J. 2005. Competition and Efficiency in Banking: Behavioral Evidence from Ghana. Working Paper. International Monetary Fund (IMF) Ghana West Africa.
Cihak, M. & Hesse, H. 2010. Islamic Banks and Financial Stability: An Empirical Analysis. Journal of Financial Services Research, 38(2-3): 95-113.
Clarke, G., Cull, R., Peria, M.S.M., & Sanchez, S.M. 2003. Foreign Bank Entry: Experience, Implications for Developing Economies, and Agenda for Further Research. The World Bank Research Observer, 18(1): 25-59.
Claessens, S. & Laeven, L. 2004. What Drives Bank Competition? Some International Evidence. Journal of Money, Credit, and Banking, 36(3): 563-583.
Claessens, S., Demirgüç-Kunt, A., & Huizinga, H. 2001. How Does Foreign Entry Affect Domestic Banking Markets? Journal of Banking and Finance, 25(2): 891-911.
Claessens, S., Van Horen, N., Gurcanlar, T., & Sapiain, M.J. 2008. Foreign Bank Presence in Developing Countries 1995-2006: Data and Trends. Working Paper. World Bank's Policy Research.
Debnath, R.M. & Shankar, R. 2008. Measuring Performance of Indian Banks: An Application Data Envelopment Analysis. International Journal of Business Performance Management, 10(1): 57-85.
Demirgüç-Kunt, A., Detragiache, E., & Tressel, T. 2006. Banking on the Principles: Compliance with Basel Core Principles and Bank Soundness. Journal of Financial Intermediation, 17(4): 511-542.
Demirgüç-Kunt, A. & Levine, R. 2008. Finance, Financial Sector Policies, and Long-Run Growth. Working Paper. World Bank Policy Research Paper.
Denizer, C.A., Dinc, M., & Tarimcilar, M. 2007. Financial Liberalization and Banking Efficiency: Evidence from Turkey. Journal of Productivity Analysis, 27(3): 177-196.
Derviz, A. & Podpiera, J. 2008. Predicting Bank CAMELS and Ratings: The Case of Czech Republic. Emerging Market Finance and Trade, 44(1): 117-130.
Detragiache, E. & Gupta, P. 2006. Foreign Banks in Emerging Market Crises: Evidence From Malaysia. Journal of Financial Stability, 2(6): 217-242.
Domanski, D. 2005. Foreign Banks in Emerging Market Economies: Changing Players, Changing Issues. BIS Quarterly Review, 4(6): 69-81.
Eichengreen, B.J., Mussa, M., Detragiache, E., & Dell’Ariccia, G. 1998. Capital Account Liberalization: Theoretical and Practical Aspects. Internationl Monetary Fund Occasional Paper, 172(8): 1-33.
Fathi, B. 2010. Consequences of the Foreign Bank Implantation in Developing Countries and Its Impact on the Local Bank Efficiency: Theoretical Analysis and Empirical Tests on International Data. International Journal of Economics and Finance, 2(5): 103-115.
Ghozali, I. 2009. Aplikasi Analisis Multivariate dengan Program SPSS. Edisi Keempat, Semarang: Penerbit Universitas Diponegoro.
Giannetti, M. & Ongena, S. 2009. Financial Integration and Firm Performance: Evidence from Foreign Bank Entry in Emerging Markets. Review of Finance, 13(2): 181-223.
Girard, E., Nolan, J., & Pondillo, T. 2010. Determinants of Emerging Markets' Commercial Bank Stock Returns. Global Journal of Business, 4(2): 11-26.
Goldberg, L.S. 2009. Understanding Banking Sector Globalization. IMF Staff Paper, 56(1): 171-198.
Gormley, T.A. 2007. The Impact of Foreign Bank Entry in Emerging Markets: Evidence from India. Working Paper. Washington University.
Hassan, M.K., Sanchez, B., & Safa, M.F. 2013. Impact of Financial Liberalization and Foreign Bank Entry on Islamic Banking Performance. International Journal of Islamic and Middle Eastern Finance and Management, 6(1): 7–42.
Hellmann, T., Murdock, K., & Stiglitz, J. 2000. Liberalization, Moral Hazard in Banking, and Prudential Regulation: Are Capital Requirements Enough? American Economic Review, 90(1): 147-165.
Kalluru, S. & Bhat, S. 2009. Does Foreign Bank Entry Affect Operations of Domestic Banks? A Study on Indian Public Sector Banks. The ICFAI Journal of Managerial Economics, 7(3/4): 40-51.
Lee, J. 2002. Financial Liberalization and Foreign Bank Entry in MENA. Working Paper. Financial Sector Strategy and Policy World Bank.
Lensink, R. & Hermes, N. 2004. The Short-term Effects of Foreign Bank Entry on Domestic Bank Behaviour: Does Economic Development Matter? Journal of Banking and Finance, 28(3): 553-568.
Mathieson, D. & Roldos, J. 2001. Open Doors: Foreign Participation in Financial Systems in Developing Countries. Working Paper. The Brookings Institutions Washington D.C.
Maudos, J. & Solis, L. 2007. Deregulation, Liberalization, and Consolidation of the Mexican Banking System: Effects on Competition. Valencian Institute of Economic Research (Ivie) WP-EC, 2007-13.
Peek, J. & Rosengren, E. 1997. The International Transmission of Financial Shocks: The Case of Japan. The American Economic Review, 87(4): 495-505.
Peek, J. & Rosengren, E. 2000. Collateral Damage: Effects of the Japanese Bank Crisis on Real Activity in the United States. The American Economic Review, 90(1): 30-44.
Qin, F. & Liu, Y. 2008. Does Foreign Strategic Investment Transfer Management Knowledge to Local Chinese Banks? Chinese Management Studies, 2(2): 142-152.
Sanjeev, G.M. 2009. Efficiency of Indian Public Sector Banks: An Application of Data Envelopment Analysis (DEA) Approach. The ICFAI Journal of Applied Finance, 15(11): 52-65.
Stein, H. 2010. Financial Liberalization, Institutional Transformation, and Credit Allocation in Developing Countries: The World Bank and the Internationalization of Banking. Cambridge Journal of Economics, 34(2): 257-273.
Stiglitz, J.E. 1993. The Role of the State in Financial Markets. Proceedings of the World Bank Annual Conference on Development Economics, 19-52.
Sufian, F. & Noor, M.A.N.M. 2009. The Determinants of Efficiency Changes in the Islamic Banking Sector: Empirical Evidence from the MENA and Asian Banking Sectors. International Journal of Islamic and Middle Eastern Finance and Management, 2(2): 120-138.
Sufian, F. & Habibullah, M.S. 2010. Does Foreign Banks Entry Fosters Bank Efficiency? Empirical Evidence from Malaysia. Inzinerine Ekonomika-Engineering Economics, 21(5): 464-474.
Yeyati, E.L. & Micco, A. 2007. Concentration and Foreign Penetration in Latin American Banking Sectors: Impact of Competition and Risk. Journal of Banking & Finance, 31(6): 1633-1647.
Zukauskas, E. & Neverauskas, B. 2008. Conceptional Model of Commercial Bank Management. Inzinerine Ekonomika-Engineering Economics, 4(5): 41-47.
DOI: https://doi.org/10.26905/jkdp.v19i1.841
Refbacks
- There are currently no refbacks.
Jurnal Keuangan dan Perbankan (Journal of Finance and Banking)
Diploma Program of Banking and Finance, Faculty of Economics and Business, University of Merdeka Malang
Published by University of Merdeka Malang
Mailing Address:
2nd floor Finance and Banking Building, Jl. Terusan Raya Dieng No. 57 Malang, East Java, Indonesia
Phone: -
Email: [email protected]
This work is licensed under a Creative
Commons Attribution-ShareAlike 4.0