Internal Factors Associated with Bank Stability in Banks Listed on the Indonesia Stock Exchange
This study examines internal factors associated with bank stability using 195 bank-year observations from 39 Indonesian listed banks during 2021–2025. Stability is measured by the Z-score. Reported random-effects coefficients are negative for liquidity risk and debt-to-assets leverage; capital, credit-risk, funding-stability and size estimates provide insufficient evidence of associations. Reduced-rank covariance and only five period clusters prevent verified significance conclusions. Confidence intervals and reproducible volatility definitions require confirmation. Leverage overlaps with Z-score capitalization. The findings describe conditional accounting associations, without establishing causal policy effects or the practical irrelevance of other factors.
Authors
- Farah Margaretha Leon (ORCID: https://orcid.org/0000-0001-8984-2295)
- Sasya Ayu Syabrina
- Salsyabila Aulia Hasanah
Institutions
- Universitas Trisakti (ID)
Publication Details
- Journal
- JURNAL MANAJEMEN MOTIVASI
- Published
- 2026-10-30
- DOI
- https://doi.org/10.29406/jmm.v22i2.9539
- Primary Topic
- Banking stability, regulation, efficiency
- Type
- article
- Field-Weighted Citation Impact
- 0.00