THE COMPARISON OF FINANCIAL PERFORMANCE BETWEEN INDONESIA AND MALAYSIA^S BANKS DURING COVID-19 PANDEMIC
najeeb ali almabrouk iqrad, Grahita Chandrarin, Diana Zuhroh

university of merdeka malang
faculty of economy, department of accounting

Abstract

This study aims to compare the effect of return on equity (ROE) and net interest margen (NIM) on stock prices (SP), during the Covid-19 Pandemic between Indonesia and Malaysia bank^s. The data source is the Annual Financial Report with the observation year during the period of Pandemic is 2019-2021 in the banking industry listed in Indonesia stock Exchange (IDX) and Malaysia stock Exchange (MLX). There were 2 stages of data processing consisting of: 1). analyze effect of independents variables on dependent variable for banking sector in Indonesia and Malaysia, and 2). comparing the effect of independents variables on dependent variable for banking sector between Indonesia and Malaysia. Data analysis with multiple regression and processed using SPSS. ROE has no effect on the SP in banking industry listed in IDX. meanwhile NIM has a positive effect on SP in banking industry listed in IDX during covid-19. But in MLX ROE and NIM has a positive effect on SP in MLX. There is a difference effect for ROE NIM on SP of the banking industry listed on IDX and the banking industry listed on the MLX during COVID-19 PANDEMIC.

Keywords: ROE, NIM, SP and COVID-19.

Topic: Innovative Public Policies under VUCA Era (Volatility, Uncertainty, Complexity and Ambiguity)