The Effect of Financial Risk, Capital Structure, Banking Liquidity on Profitability: Operational Efficiency as Intervening Variables in Persero Bank and Private Commercial Banks

This study aims to (1) to partially analyze the effect of financial risk, capital structure, and liquidity on operational efficiency (2) to partially analyze the effect of financial risk, capital structure, liquidity, and operational efficiency on (3) to analyze partially the effect of financial risk, capital structure, and liquidity on profitability through operational efficiency at State-Owned Banks and Private Commercial Banks. The data collection technique used purposive sampling. The type of data used is quantitative data and secondary data sources which are downloaded through the website https://www.idx.co.id/. The results showed (1) financial risk, capital structure, and liquidity partially had a significant effect on operational efficiency (2) financial risk, capital structure, liquidity, and operational efficiency partially had a significant effect on profitability. (3) Financial risk, capital structure and liquidity partially have no significant effect on profitability through operational efficiency.