Replication Dataset: Value Creation in Indonesian Commercial Banks, 2020–2024

This dataset contains the bank-year observations used to examine the determinants of value creation among Indonesian commercial banks during 2020–2024. The dataset covers 28 banks and 140 bank-year observations and includes measures of value creation, financial leverage, open innovation, competitive advantage, corporate governance, firm size, and microfinance. The data were compiled from publicly available annual reports, financial statements, sustainability reports, corporate governance disclosures, and official publications of the Indonesia Stock Exchange, Financial Services Authority, and Bank Indonesia. The dataset supports the empirical analysis reported in the associated research article.