EFISIENSI OPERASIONAL: DETERMINAN DAN DAMPAKNYA TERHADAP STABILITAS KEUANGAN BANK UMUM SYARIAH (STUDI KASUS PADA BANK SYARIAH MILIK BUMN)

This study aims at analyzing Return on Assets (ROA), Capital Adequacy Ratio (CAR), inflation, and Gross Domestic Product (GDP) as determinants of operational efficiency of Sharia Commercial Banks in the first phase. In addition, it is analyzing the effect of operational efficiency on the financial stability of Sharia Commercial Banks, which is projected using Z-score in the second phase. The population in this study was state-owned Sharia Banks in Indonesia during the first quarter of 2015 - the third quarter of 2020 a total of 4 Sharia Banks. The sample selection method used purposive sampling method so that it obtained 3 Sharia Commercial Banks as samples. The data analysis technique used was panel data regression analysis using Eviews 12 application. The regression results showed that partially the ROA ratio had a significant negative effect on operational efficiency and the other three ratios namely CAR, inflation and GDP had a significant positive effect on operational efficiency. Then, in the second test, it showed the results that operational efficiency had a significant positive effect on the financial stability of Sharia Commercial Banks.