Improving Financial Performance Through Islamic Corporate Social Responsibility and Islamic Corporate Governance

Abstract

Penelitian ini bertujuan untuk menganalisis dan menguji secara empiris Islamic corporate social responsibility dan Islamic corporate governance dalam meningkatkan kinerja keuangan Bank Umum Syariah. Populasi penelitian ini adalah seluruh Bank Umum Syariah yang terdaftar di Bank Indonesia tahun 2013- 2018 yang berjumlah sebanyak 72 Bank Umum Syariah. Sampel penelitian yang digunakan dalam penelitian ini berdasarkan teknik purposive sampling sebanyak 60 Bank Umum Syariah. Semua data dalam variabel ini akan di analisis menggunakan analisis regresi linier berganda dengan bantuan SPSS versi 22. Hasil penelitian menunjukkan bahwa Islamic corporate social responsibility dan Islamic corporate governance berpengaruh positif dan signikan terhadap peningkatan kinerja keuangan Bank Umum Syariah. Artinya, seluruh Bank Umum Syariah telah mengimplementasikan Islamic corporate social responsibility dan Islamic corporate governance dengan baik dan konsisten. Secara teoritis, hasil penelitian ini mendukung teori agensi dan teori sharia enterprise sehingga dapat dijadikan sebagai salah satu referensi untuk penelitian yang akan datang. Secara praktis, hasil penelitian ini dapat memicu Bank Umum Syariah untuk selalu mengembangkan praktik Islamic corporate social responsibility dan Islamic corporate governance, sehingga mampu meningkatkan minat masyarakat untuk selalu bertransaksi di Bank Umum Syariah.

Good Corporate Governance Disclosures and Financial Performance: Islamic Social Reporting and Zakah Disclosures as Mediating

“…This will impact increasing the support of stakeholders and the community to BUS and will make it easier for BUS to carry out company operational activities, which will affect the improvement of BUS performance. This is in line with the results of research (Wijayanti & Setiawan, 2022), (Indriastuti & Najihah, 2020) and (Wardiwiyono & Jayanti, 2021) which states that social reporting has been found to harm ROA. However, it has a positive impact on MTBV, and Tobin's Q.…”

“…(Syurmita & Fircarina, 2020) If the company has interests and responsibilities to stakeholders, the company's performance will be maximized optimally because, indirectly, ICSR is the company's most significant achievement that must be fulfilled. Research conducted by (Indriastuti & Najihah, 2020) and (Wardiwiyono & Jayanti, 2021) stated that ICSR proxied by ISR disclosure has a positive and significant influence on the financial performance of Islamic banks. In contrast to the results of previous studies, (Xue et al, 2023) found that voluntary CSR disclosure negatively affects profitability.…”

Does Managerial Owneship and Islamic Corporate Social Responsibility Reduce Tax Aggressiveness?

“…The link between this concept and Islamic Corporate Social Responsibility is the perspective of resources by the company, as a mandate from God that is inherent in a responsibility. Indriastuti & Najihah, 2020) argued that corporate social activity is a form of compliance and responsibility of the company owner for his beliefs, in order to maintain and share with the surrounding. It is a way to contribute to the good of all those who need it.…”

Good Corporate Governance dan Kinerja Maqashid Syariah pada Perbankan Syariah Asia Tenggara

“…Many central banks worldwide promote the optimization of Good Corporate Governance (GCG) in all institutions. GCG can enhance transparency and financial management performance in Sharia banking, specifically in operational activities that directly involve Sharia banking stakeholders and clients (Cholisoh & Hadziq, 2021;Indriastuti & Najihah, 2020;Khairiah & Inayah, 2023). Additionally, GCG is implemented to reduce the likelihood of financial report manipulation and Sharia banking performance degradation.…”