The Influence of Sharia Financial Performance Towards Islamic Social Reporting with Islamic Corporate Governance as a Moderate Variable
DOI:
https://doi.org/10.56897/iefr.v3i1.41Keywords:
Islamic Corporate Governance, Islamic Social Reporting, Sharia Financial PerformanceAbstract
This study examine to retest the influence of Sharia Financial Performance towards Islamic Social Reporting with Islamic Corporate Governance as a moderate variable (empirical study on Indonesia Islamic Commercial Bank from 2014-2021). The hypothesis examine by using MRA regression and panel data regression. The population in this research are all the Islamic Commercial Banks that listed on OJK from 2014-2021. The sampling methods that used in this research is purposive sampling and could manage to obtained 96 sample from 12 Islamic Commercial Banks. The results shows that: (1) Return On Assets, Capital Adequacy Ratio, and Debt to Equity Ratio did not influenced the Islamic Social Reporting; (2) Financing to Debt Ratio influenced the disclosure did Islamic Social Reporting; and (3) Board of Commissioner could influenced Return On Assets towards deepening of Islamic Social Reporting, Islamic Supervisory Board could be moderating Return On Assets, Financing to Debt Ratio and Capital Adequacy Ratio towards strengthening Islamic Social Reporting, While the age of the companies could moderating Return On Assets, and Financing to Debt Ratio towards Islamic Social Reporting.
References
AAOIFI. (2015). Shari’ah Standards. Dar AlMaiman. https://www.ptonline.com/articles/how-to-get-better-mfi-results
Afandy, C., Usman, B., & Zoraya, I. (2021). Islamic Corporate Governance ( ICG ) On Sharia Financial Performance with Islamic Social Reporting ( ISR ) As A Moderating Variable. 22916–22929.
Agus Tri Basuki. (2016). Analisis Regresi Dalam Penelitian Ekonomi Dan Bisnis Dilengkapi Aplikasi SPSS & Eviews. Rajawali Pers.
Agus Widarjono. (n.d.). Ekonometrika Pengantar dan Aplikasi Eviews (4th ed.). UPP STIM YKPN.
Atiqah, & Rahma, Y. (2018). Islamic Corporate Governance and Islamic Social Responsibility Towards Maqashid Shariah. KnE Social Sciences, 3(8), 70. https://doi.org/10.18502/kss.v3i8.2501
Ben Abdallah, M., & Bahloul, S. (2022). Further evidence on the effect of financial performance and governance on the Islamic banks’ disclosure. Asian Journal of Accounting Research. https://doi.org/10.1108/AJAR-09-2021-0156
Deviani, R. (2018). Analisis Faktor-Faktor Yang Mempengaruhi Pengungkapan Islamic Social Reporting Fakultas Ekonomi Universitas Islam Indonesia Yogyakarta.
Diansari, R. E., Imama, N., & Nusron, L. A. (2022). Islamic Social Reporting of Islamic Banking in Indonesia. KnE Social Sciences, 2022, 880–895. https://doi.org/10.18502/kss.v7i14.12039
Ichsan, R. N., Suparmin, S., Yusuf, M., Ismal, R., & Sitompul, S. (2021). Determinant of Sharia Bank’s Financial Performance during the Covid-19 Pandemic. Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences, 4(1), 298–309. https://doi.org/10.33258/birci.v4i1.1594
IFSB. (2006). Pengembangan Standar. https://www-ifsb-org.translate.goog/published.php?_x_tr_sl=en&_x_tr_tl=id&_x_tr_hl=id&_x_tr_pto=sc
Iwan Triyuwono. (2006). Akuntansi Syari’ah: Menuju Puncak Kesadaran Ketuhanan Manunggaling Kawulo-Gusti. Akuntansi-Universitas Brawijaya, September, 1–24.
Jati, K. W., Agustina, L., Muliasari, I., & Armeliza, D. (2020). Islamic social reporting disclosure as a form of social responsibility of Islamic banks in Indonesia. Banks and Bank Systems, 15(2), 47–55. https://doi.org/10.21511/bbs.15(2).2020.05
John Dowling. (1975). Organizational Legitimacy: Social Values and Organizational Behavior. PASIFIC SOCIOLOGICAL REVIEW, 18(1), 122–136. https://doi.org/10.2307/1388226
Khan, I., Zahid, S. N., & Akhtar, T. (2018). Shari’ah Governance and Islamic Banks Performance: Evidence from South Asia. South Asian Journal of Management Sciences, 12(2), 173–187. https://doi.org/10.21621/sajms.2018122.04
Maros, H., & Juniar, S. (2022). Statistik Perbankan Syariah. 1–23.
Mukhibad, H., & Fitri, A. (2020). Determinant of Islamic Social Reporting (ISR) Disclosure. KnE Social Sciences, 2020, 478–489. https://doi.org/10.18502/kss.v4i6.6620
Mustika, S. A., Ekonomi, F., & Bisnis, D. A. N. (2022). GCG dan Kinerja Keuangan Terhadap Pengungkapan Islamic Social Reporting (ISR) Dengan Non Performing Financing (NPF) Sebagai Variabel Intervening Pada Bank Umum Syariah Di Indonesia.
Rismayati, Handajani, L., & Lenap, I. P. (2022). Determinan Pengungkapan Islamic Social Reporting Pada Bank Umum Syariah Di Indonesia. Jurnal Riset Mahasiswa Akuntansi, 2(2), 347–361. https://doi.org/10.29303/risma.v2i2.232
Riyani, D., & Uswati Dewi, N. H. (2018). The effect of corporate governance, leverage, and liquidity on islamic social reporting (ISR) disclosure in islamic commercial banks in Indonesia. The Indonesian Accounting Review, 8(2), 121. https://doi.org/10.14414/tiar.v8i2.1628
Rosyidah, S. D., & Nafif, F. (2022). Jurnal Rekognisi Ekonomi Islam. 1(1), 103–119.
Sakanko, M. A. (2020). Indonesian Journal of Islamic Economics Research. Indonesian Journal of Islamic Economics Research, 2(2), 70–84.
https://www.academia.edu/download/70097852/1647.pdf
So, I. G., Haron, H., Gui, A., Princes, E., & Sari, S. A. (2021). Sustainability reporting disclosure in islamic corporates: Do human governance, corporate governance, and it usage matter? Sustainability (Switzerland), 13(23). https://doi.org/10.3390/su132313023
Stephen A. Ross. (1977). The Determination of Financial Structure: The Incentive-Signalling Approach. JSTOR, 8(1), 23–40. https://doi.org/10.2307/3003485
Wardani, E. P., & Nurhayati, P. (2021). the Effects of Islamic Social Reporting in Rgec Relationships on Company’S Value. International Journal of Economics …, 2021(4), 351–363. http://www.jurnal.stie-aas.ac.id/index.php/IJEBAR/article/view/3846%0Ahttp://www.jurnal.stie-aas.ac.id/index.php/IJEBAR/article/download/3846/1756
Yadiat, W., Gustani, & Amrania, G. (2017). The effect of Islamic Corporate Governance (ICG) and Islamic Corporate Social Responsibility (ICSR) disclosures on market discipline with financial performance used as intervening variables (Empirical Study on Shariah based Banks Operating in QISMUT Count. International Journal of Applied Business and Economic Research, 15(24), 119–141.
Zuhriyanto, Z., & Haryono, S. (2022). Pengaruh Ukuran Perusahaan Likuiditas Dan Profitabilitas Terhadap Pengungkapan Islamic Social Reporting Dengan Leverage Sebagai Variabel Moderasi. Jurnal Magister Ekonomi Syariah, 1(1), 53–62. https://doi.org/10.14421/jmes.2022.011-05
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Fatima Az-zahra Wairooy
This work is licensed under a Creative Commons Attribution 4.0 International License.
<a rel="license" href="http://creativecommons.org/licenses/by/4.0/"><img alt="Creative Commons License" style="border-width:0" src="https://i.creativecommons.org/l/by/4.0/88x31.png" /></a><br />This work is licensed under a <a rel="license" href="http://creativecommons.org/licenses/by/4.0/">Creative Commons Attribution 4.0 International License</a>.
