Value at Risk in Banks on the Financial Digitalization Phenomenon
Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 12
Abstract
The purpose of this research is to measure risk, understand the function of risk management, and understand the effectiveness of implementing risk management in banks post the Covid-19 pandemic and the phenomenon of financial digitalization. The objects used in this research are banking companies listed on the Indonesia Stock Exchange during the research period 2020-2022. This research uses a sample of 42 banks are selected using a purposive sampling method. The research method used is measuring value at risk (VaR) using the historical simulation method. The results of the research show that the five banks that have the lowest level of risk are banks in the book IV category. The application of banking risk management to financial digitalization requires adaptability, innovation and inter-departmental cooperation. With a good approach, banks can mitigate emerging risks while optimizing the benefits of digital transformation in financial services.
Authors and Affiliations
Yesi Lestari, Ignatius Roni Setyawan
Keywords
Related Articles
- EP ID EP729653
- DOI 10.47191/jefms/v6-i12-20
- Views 44
- Downloads 0
Developing the Team of Managers and Teachers in the General Education Institutions in Thanh Hoa Province, Vietnam
Management staff and teachers are the subjects and factors that determine each school's Quality of Education, Training, and development. Over the past years, the development of managers and teachers at general education...
Assessing 5P as a Proper Conceptual Framework for Sustainability Reporting: Case Study from Indonesia’s Energy Sector
The launching of UN SDGs and 2030 resolution has sparked a new concept and perspective regarding the problem that we faced right now. The framework explicitly mention 5P as the main pillars of SDG while having the same c...
The Effect of Company Characteristics and Audit Committee Composition on Earning Management: Empirical Study of Indonesian Companies in the Food and Beverages Sector
The purpose of this research was to analyze the effect of Financial Leverage, Sales Growth, Firm Size, and Audit Committee Composition on earnings management in the Food and Beverages sub-sector in Indonesia, an empirica...
Policy on Work Accident, Occupational Disease Insurance in Vietnam
During the process of production activities, there are factors or incidents that affect the health of workers, such as hazardous working environments, prolonged fixed working postures, accidents caused by machinery, etc....
The Influence of Social Media Marketing and Corporate Image on Customer Loyalty is Mediated by Customer Satisfaction (Study of 5 Star Hotel Customers in Malang City)
This research aims to test and analyze the influence of social media marketing on customer loyalty, test and analyze the influence of corporate image on customer loyalty, test and analyze the influence of social media ma...