DISCLOSURE OF ISR AND GRI INDEX ON SHARIA BANKING IN INDONESIA

Andi Zulfikar

Abstract


The purpose of this paper is to examine the effect of sharia governance by sharia supervisory boards and audit committees on the disclosure of the Islamic Social Reporting Index (ISRI) and Global Reporting Index (GRI). Sharia banks are currently using the Social Reporting Index (SRI) and the Global Reporting Index (GRI). These have been researched by previous research that found weaknesses sharia governance in sharia banking sector in Indonesia. This research uses quantitative method by using purposive sampling technique. Analytical techniques used are multiple regression techniques (multiple regression) and Independent Samples T-test. The results of this study found that the role of directors of sharia banks affects the disclosure with the index of ISR, while the sharia supervisory board is influential in disclosure using the GRI index. The result of independent samples T-test found that the disclosure with ISR index is higher compared to GRI index. The implications of this research are the weakness of sharia governance in sharia banking in Indonesia during the study period 2013-2016, so that this can be an input for sharia banking, Bank Indonesia, and sharia supervisory board. This research develops previous research by examining the effect of sharia governance function in optimizing disclosure with ISR and GRI index.

Keywords


sharia governance; sharia bank directors; sharia supervisory board; audit committee; Islamic Social Reporting Index; Global Reporting Index.

Full Text:

PDF

References


Abeysekera, I. 2011. The relation of intellectual capital disclosure strategies and market value in two political settings. Journal of Intellectual Capital, 12(2), 319-338. doi: 10.1108/14691931111123449

Al-Najjar, B. 2010. Corporate governance and institutional ownership: evidence from Jordan. Corporate Governance, 10(2), 176-190. doi: 10.1108/14720701011035693

Anonim. 2006a. Pedoman Laporan Keberlanjutan: Global Reporting Initiative.

Anonim. 2006b. Pedoman Umum Good Corporate Governance Indonesia. Komite Nasional Kebijakan Governance.

Azheri, B. 2011. Corporate Social Responsibility Dari Voluntary Menjadi Mandatory. Jakarta: PT Rajagrafindo Persada.

Bhagwat, P. 2011. Corporate Social Responsibility and Sustanaible Development. [Conference on Inclusive & Sustainable Growth].

Branswijck, D., Patricia Everaert. 2013. Intellectual capital disclosure commitment: myth or reality? Journal of Intellectual Capital, 13(2013), 35-96. doi: DOI 10.1108/14691931211196204

Brüggen, A., Vergauwen, P., & Dao, M. 2009. Determinants of intellectual capital disclosure: evidence from Australia. Management Decision, 47(2), 233-245. doi: 10.1108/00251740910938894

Bukh, P. N., Nielsen, C., Gormsen, P., & Mouritsen, J. 2005. Disclosure of information on intellectual capital in Danish IPO prospectuses. Accounting, Auditing & Accountability Journal, 18(6), 713-732.

Burhan, A. H. N., & Rahmanti, W. 2013. Dampak Kesinambungan Pelaporan Pada Kinerja Perusahaan Journal of Economics, Business, and Accountancy Ventura, 15, 257-272.

Chariri, A., & Nugroho, F. A. 2009. Retorika Dalam Pelaporan Corporate Social Responsibility: Analisis Semiotik Atas Sustainability Reporting PT. Aneka Tambang Tbk. Simposium Nasional Akuntansi XII Palembang.

Daizy, & Das, N. 2014. Sustainability Reporting Framework: Comparative Analysis of Global Reporting Initiatives and Dow Jones Sustainability Index. International Journal of Science, Environment and Technology, Vol 3 No 1, 55-66.

Darus, F., Arshad, R., & Othman, S. 2009. Influence of Institutional Pressure and Ownership Structure on Corporate Social Responsibility Disclosure. Interdisciplinary Journal of Contemporary Research in Business, Vol 1 No. 5.

Darussalam, Andi Zulfikar. Konsep Perdagangan dalam Tafsir Al-Mishbah (Paradigma Filsafat Ekonomi Qur’ani Ulama Indonesia). Jurnal Al-Tijarah UNIDA Gontor, Vol. 3, No. 1, 45-64.

Dye, R. A. 2001. An evaluation of “essays on disclosure” and the disclosure literature in accounting. Journal of accounting and economics, 32(1), 181-235.

Ghazali, N. A. M. 2007. Ownership structure and corporate social responsibility disclosure: some Malaysian evidence. Corporate Governance, 7 (3), 251-266. doi: 10. 1108/ 14720700710756535

Ghozali, I. 2011. Aplikasi Analisis Multivariate dengan Program IBM SPSS 19. Semarang: Badan Penerbit Universitas Diponegoro.

Ghozali, I. 2013. Aplikasi Analisis Multivariate dengan Program IBM SPSS 21 Update PLS Regresi. Semarang: Badan Penerbit Universitas Diponegoro.

Hadiprajitno, P. B. 2013. Struktur Kepemilikan, Mekanisme Tata Kelola Perusahaan, dan Biaya Keagenan di Indonesia. Jurnal Akuntansi & Auditing, 9(2), 97-127.

Idah. 2013. Corporate Governance dan Karakteristik Perusahaan Dalam Pengungkapan Sustainability Report. Accounting Analysis Journal, Vol 2, 314-322.

Jensen, M. C., & Meckling, W. H. 1976. Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of financial economics, 3(4), 305-360

Jihene, F., & Robert, P. 2013. The effect of intellectual capital disclosure on the value creation: An empirical study using Tunisian annual reports. International Journal of Accounting and Financial Reporting, Vol. 3 NO. 1.

Ogundare, E. A. 2013. The Impact of Sustainability Reporting on Organizational Performance – The Malaysia Experience. International Journal of Accounting, and Business Management (IJABM), Volume 1(Issue 1).

Riswandi, B. A. 2006. Permasalahan Implementasi Prinsip-Prinsip Good Corporate Governance Pada BUMN di Indonesia. Jurnal Fenomena, Vol. 4 No. 2.

Rustiarini, N. W. 2010. Pengaruh Corporate Governance Pada Hubungan Corporate Social Responsibility dan Nilai Perusahaan. Simposium Nasional Akuntansi 13 Purwokerto.

Sari, M. P. Y., & Marsono. 2013. Pengaruh Kinerja keuangan, Ukuran Perusahaan dan Corporate Governance Terhadap Pengungkapan Sustainability Report. Volume 2 Nomor 3.

Sawono, J. 2013. Model-model Linier dan Non-Linier Dalam IBM SPSS 21 Prosedur-prosedur Alternatif Untuk Riset Skripsi.

Zakarsyi, d. H. M. W. 2008. Good Corporate Governance Pada Badan Usaha Manufaktur, Perbankan, dan Jasa Keuangan Lainnya. Bandung: Alfabeta.




DOI: https://doi.org/10.30997/jn.v4i1.1164

Refbacks

  • There are currently no refbacks.


P-ISSN: 2442-4455
E-ISSN: 2528-6633

Nisbah: Jurnal Perbankan Syariah indexed by

     

 

View My Stats

Creative Commons License
Nisbah: Jurnal Perbankan Syariah is licensed under a Creative Commons Attribution 4.0 International License.