Does Artificial Intelligence Improve Banking Financial Performance in Indonesia
Kata Kunci:
Artificial Intelligence and Banking Financial PerformanceAbstrak
This study aims to find empirical evidence of the influence of artificial intelligence (AI) on banking financial performance (ROA) and (ROE). The population in this study were banking companies in Indonesia totaling 66 banks during 2018-2023 and obtained observation data of 389 data. Hypothesis testing using panel data regression using the help of the STATA version 12 application. The results of the study show that the application of artificial intelligence (AI) has a positive and significant influence on financial performance both measured using (ROA) and (ROE).
Unduhan
Referensi
Doumpos, M., Zopounidis, C., Gounopoulos, D., Platanakis, E., & Zhang, W. (2023). Operational research and artificial intelligence methods in banking. European Journal of Operational Research, 306(1), 1–16. https://doi.org/10.1016/j.ejor.2022.04.027
Evidence. (2023). The Global Standard Benchmark of AI Maturity.
Fredström, A., Parida, V., Wincent, J., Sjödin, D., & Oghazi, P. (2022). What is the Market Value of Artificial Intelligence and Machine Learning? The Role of Innovativeness and Collaboration for Performance. Technological Forecasting and Social Change, 180(May 2021). https://doi.org/10.1016/j.techfore.2022.121716
Giudici, P., Centurelli, M., & Turchetta, S. (2024). Artificial Intelligence risk measurement. Expert Systems With Applications, 235(May 2023), 121220. https://doi.org/10.1016/j.eswa.2023.121220
Li, D., Pan, Z., Wang, D., & Zhang, L. (2023). A study on artificial intelligence orientation and new venture performance. Asia Pacific Business Review, 00(00), 1–23. https://doi.org/10.1080/13602381.2023.2188764
Mediana. (2023). The Application of Artificial Intelligence Needs a Clear Legal Umbrella. https://www.kompas.id/baca/ekonomi/2023/03/09/regulasi-perlu-mendukung-penerapan-beretika-aman-dan-melindungi-data-pribadi
Mikalef, P., Islam, N., Parida, V., Singh, H., & Altwaijry, N. (2023). Artificial intelligence (AI) competencies for organizational performance: A B2B marketing capabilities perspective. Journal of Business Research, 164(May), 113998. https://doi.org/10.1016/j.jbusres.2023.113998
Mittal, A., Singh, S. & Rajest, S. . (2023). Role of artificial intelligence in knowledge management: an empirical study of industry experts using stepwise multiple regression. International Journal of Electronic Finance, 12(4), 403, 403–422. https://doi.org/10.1504/ijef.2023.133838.
Musleh Al-Sartawi, AMA, Hussainey, K., & Razzaque, A. (2022). The role of artificial intelligence in sustainable finance. Journal of Sustainable Finance and Investment, 0(0), 1–6. https://doi.org/10.1080/20430795.2022.2057405
Prentice, C., Wong, IKA, & Lin, Z. (CJ). (2023). Artificial intelligence as a boundary-crossing object for employee engagement and performance. Journal of Retailing and Consumer Services, 73(February), 103376.https://doi.org/10.1016/j.jretconser.2023.103376
Pusparisa, YDR (2023). BI Governor: Artificial Intelligence Changes the Economic Landscape. https://www.kompas.id/baca/ekonomi/2023/08/07/gubernur-bi-kecerdasan-buatan-mengubah-lanskap-ekonomi-indonesia
Ulya, FN (2021). OJK Urges Small Banks to Immediately Implement Artificial Intelligence. https://money.kompas.com/read/2021/03/04/115700126/ojk-imbau-bank-kecil-segera-terapkan-kecerdasan-buatan
www.bppt.go.id. (2020). BPPT Launches National Strategy for Artificial Intelligence, What is it? https://www.bppt.go.id/en/berita-bppt/bppt-luncurkan-strategi-nasional-kecerdasan-artifisial-apa-itu
www.kominfo.go.id. (2020). Kominfo prepares strategic steps to support AI. https://www.kominfo.go.id/content/detail/30902/kominfo-siapkan-langkah-strategis-dukung-ai/0/sorotan_media
www.ojk.go.id. (2021). Implementation of Artificial Intelligence (AI) for Digital Banking. https://www.ojk.go.id/ojk-institute/id/capacitybuilding/past/317/implementasi-artificial-intelligence-ai-untuk-digital-banking
