Analisis efisiensi teknis pada initial public offering (ipo) panin dubai syariah bank

Dianti, Dina Wening Ati (2019) Analisis efisiensi teknis pada initial public offering (ipo) panin dubai syariah bank. Masters thesis, Institut Pertanian Bogor.

[img]
Preview
Text
K20008-01-Dianti-Cover.pdf - Published Version

Download (551kB) | Preview
[img]
Preview
Text
K20008-02-Dianti-Ringkasan.pdf - Published Version

Download (409kB) | Preview
[img]
Preview
Text
K20008-03-Dianti-Summary.pdf - Published Version

Download (289kB) | Preview
[img]
Preview
Text
K20008-04-Dianti-Daftarisi.pdf - Published Version

Download (674kB) | Preview
[img]
Preview
Text
K20008-05-Dianti-Pendahuluan.pdf - Published Version

Download (287kB) | Preview
[img] Text
Tesis Full.pdf
Restricted to Registered users only

Download (2MB)
Official URL: http://lib.sb.ipb.ac.id/

Abstract

Panin Dubai Syariah Bank (PDSB) implemented an IPO in January 2014 and was also registered as the first Islamic bank to conduct an IPO. The total funds obtained are mostly used to finance working capital and network and infrastructure development. The pre-IPO financial performance was very good even above the average Islamic bank industry. The excellent financial performance only lasted until the year of the IPO. Since 2015 PDSB has experienced a downward trend in financial performance when other BUSs have begun to show improved financial performance. In 2017 ROA, CAR, NPF, and BOPO PDSB became the worst in the history of Indonesian Islamic banking. Decline in financial ratios and stock prices can have a direct impact on efficiency which is one indicator of the success of a bank. This study aims to determine the financial performance of the pre and post implementation of the PDSB IPO, the efficiency of the pre and post implementation of the PDSB IPO when compared to the BUS industry in Indonesia and the efficiency of the pre and post implementation of the PDSB IPO when compared to BUS BOOK 2 in Indonesia This research uses a quantitative descriptive approach. The technique of collecting samples is done intentionally. Types and sources of data used are secondary data in the form of annual reports for each BUKU BUS 2 period 2010-2017 and BUS publication reports contained in OJK Sharia Banking Statistics. The data collected was analyzed using the DEA model to measure efficiency as a concept to evaluate the performance of PDSB compared to the performance of BUS and BUS BUKU 2. The results of this study indicate (1) CAR pre IPO is higher (better) than post IPO. While technical efficiency, pure technical efficiency, scale efficiency, BOPO, NPF and FDR are not significant differences between the average parameters of the pre-IPO and post-IPO (2) PDSB efficiency scores throughout the 2010-2017 observation period are always higher (more efficient) when compared to BUS aggregates. In the pre and post IPO conditions there are significant differences in technical efficiency scores and scale efficiency scores between the average BUS and PDSB parameters. While pure technical efficiency there is no significant difference between the average parameters of BUS and PDSB (3) the score of PDSB efficiency throughout the observation period in 2010-2017 is always higher (more efficient) when compared to BUS BUKU 2. From the results of the pre IPO difference test there are significant differences in the parameters of technical efficiency, pure technical efficiency, and scale efficiency. Post-IPO significant differences only in the efficiency of technical efficiency and scale efficiency.

Item Type: Thesis (Masters)
Uncontrolled Keywords: bank umum syariah, efisiensi, kinerja, panin dubai syariah bank, penawaran saham perdana (IPO), efficiency, initial public offering (IPO), panin dubai syariah bank, performance, sharia commercial bank
Subjects: Manajemen Keuangan
Depositing User: SB-IPB Library
Date Deposited: 15 Jul 2020 05:33
Last Modified: 15 Jul 2020 05:33
URI: http://repository.sb.ipb.ac.id/id/eprint/3657

Actions (login required)

View Item View Item