SHARIA GOVERNANCE SEBAGAI SOLUSI MENGATASI PENGARUH NEGATIF KARAKTERISTIK SOSIAL-POLITIK TERHADAP PENGUNGKAPAN I-CSR BANK SYARIAH
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Abstract
Penelitian ini bertujuan untuk menguji pengaruh karakteristik sosial politik terhadap tingkat pengungkapan Islamic Corporate Social Responsibility (I-CSR), dan menguji apakah mekanisme sharia governance dapat memoderasi pengaruh dari karakteristik sosial politik terhadap pengungkapan I-CSR bank syariah. Data yang digunakan yaitu laporan tahunan 52 Bank syariah dari 13 negara selama periode 2014–2016. Karakter sosial politik diproksikan dengan nilai Public Right and Civil Liberties (PRCL), sedangkan pengungkapan I-CSR diukur dengan analisis konten berdasarkan indeks pengungkapan I-CSR yang dikembangkan berdasarkan standar AAOIFI. Pengujian statistika menggunakan metode FGLS dengan metode analisis Moderated Regression Analysis (MRA). Hasil penelitian ini menunjukan bahwa rata-rata pengungkapan I-CSR bank syariah masih relatif rendah yaitu sekitar 44%, namun cenderung menunjukan tren yang meningkat dari tahun ke tahun. Hasil pengujian hipotesis menunjukan bahwa karakteristik sosial politik yang diproksikan dengan nilai PRCL berpengaruh terhadap tingkat pengungkapan I-CSR. Pengujian lebih lanjut menunjukan sharia governance berperan sebagai pure moderator.
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How to Cite
Maulana, A. (2020). SHARIA GOVERNANCE SEBAGAI SOLUSI MENGATASI PENGARUH NEGATIF KARAKTERISTIK SOSIAL-POLITIK TERHADAP PENGUNGKAPAN I-CSR BANK SYARIAH. NISBAH: Jurnal Perbankan Syariah, 6(1), 1–14. https://doi.org/10.30997/jn.v6i1.2707
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References
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Mersni, H., & Ben Othman, H. (2016). The impact of corporate governance mechanisms on earnings management in Islamic banks in the Middle East region. Journal of Islamic Accounting and Business Research. https://doi.org/10.1108/JIABR-11-2014-0039
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Nurjanah, R., & Mulazid, A. S. (2018). Pengaruh Kualitas Pelayanan dan Corporate Social Responsibility Terhadap Citra Perusahaan. Muqtasid: Jurnal Ekonomi Dan Perbankan Syariah, 9(1), 40. https://doi.org/10.18326/muqtasid.v9i1.40-53
Patten, D. M. (1991). Exposure, legitimacy, and social disclosure. Journal of Accounting and Public Policy. https://doi.org/10.1016/0278-4254(91)90003-3
Puspitasari, L. L., & Muhammad, R. (2019). Perumusan Konsep Shariah Governance di Indonesia: Evaluasi Model Pengawasan Syariah di Sektor Perbankan. Muqtasid: Jurnal Ekonomi Dan Perbankan Syariah, 10(1), 1. https://doi.org/10.18326/muqtasid.v10i1.1-16
Sellami, Y. M., & Tahari, M. (2017). Factors influencing compliance level with AAOIFI Financial accounting standards by Islamic banks. Journal of Applied Accounting Research, 18(1), 137–159. https://doi.org/10.1108/JAAR-01-2015-0005
Singh, M., Mathur, I., & Gleason, K. C. (2004). Governance and performance implications of diversification strategies: Evidence from large U.S. firms. Financial Review. https://doi.org/10.1111/j.0732-8516.2004.00086.x
Tsalavoutas, I. (2011). Transition to IFRS and compliance with mandatory disclosure requirements: What is the signal? Advances in Accounting, 27(2), 390–405. https://doi.org/10.1016/j.adiac.2011.08.006
Vinnicombe, T. (2010). AAOIFI reporting standards: Measuring compliance. Advances in Accounting, 26(1), 55–65. https://doi.org/10.1016/j.adiac.2010.02.009
Accounting and Auditing Organization for Islamic Financial Institution. (2019). www.aaoifi.com . Diakses tanggal 10 Juni 2019.
Al-Qur’an. (2009). Al-Qur’an dan Terjemahannya, Departemen Agama RI. Jakarta : Sygma Examedia Arkanleema.
Abu-Tapanjeh, A. M. (2009). Corporate governance from the Islamic perspective: A comparative analysis with OECD principles. Critical Perspectives on Accounting. https://doi.org/10.1016/j.cpa.2007.12.004
Akhtaruddin, M. (2005). Corporate mandatory disclosure practices in Bangladesh. International Journal of Accounting. https://doi.org/10.1016/j.intacc.2005.09.007
Brammer, S., Williams, G., & Zinkin, J. (2007). Religion and attitudes to corporate social responsibility in a large cross-country sample. Journal of Business Ethics. https://doi.org/10.1007/s10551-006-9136-z
Clarkson, M. E. (1995). A STAKEHOLDER FRAMEWORK FOR ANALYZING AND EVALUATING CORPORATE SOCIAL PERFORMANCE. Academy of Management Review. https://doi.org/10.5465/amr.1995.9503271994
Deegan, C. (2002). Introduction: The legitimising effect of social and environmental disclosures – a theoretical foundation. Accounting, Auditing & Accountability Journal. https://doi.org/10.1108/09513570210435852
El-Halaby, S., & Hussainey, K. (2015). The determinants of social accountability disclosure: Evidence from islamic banks around the world. International Journal of Business, 20(3), 202–223.
El-Halaby, S., & Hussainey, K. (2016). Determinants of compliance with AAOIFI standards by Islamic banks. International Journal of Islamic and Middle Eastern Finance and Management, 9(1), 143–168. https://doi.org/10.1108/IMEFM-06-2015-0074
Ernst and Young. (2016). World Islamic Banking Competitiveness Report 2016. In Ernst and Young.
Fama, E. F., & Jensen, M. C. (1983). Separation of Ownership and Control Separation of Ownership and Control. Journal of Law and Economics. https://doi.org/10.1086/467037
Farook, S., Kabir Hassan, M., & Lanis, R. (2011). Determinants of corporate social responsibility disclosure: the case of Islamic banks. Journal of Islamic Accounting and Business Research, 2(2), 114–141. https://doi.org/10.1108/17590811111170539
Fifka, M. S., & Pobizhan, M. (2014). An institutional approach to corporate social responsibility in Russia. Journal of Cleaner Production. https://doi.org/10.1016/j.jclepro.2014.06.091
Freedom House Index. (2017). www.freedomhouse.org
Garas, S. N., & Pierce, C. (2010). Shari’a supervision of Islamic financial institutions. Journal of Financial Regulation and Compliance. https://doi.org/10.1108/13581981011093695
Gastil, R. D. (1981). Freedom in the World 1981. New York: Freedom House.
Grassa, R., & Gazdar, K. (2014). Law and Islamic finance: How legal origins affect Islamic finance development? Borsa Istanbul Review, 14(3), 158–166. https://doi.org/10.1016/j.bir.2014.05.001
Guthrie, J., & Abeysekera, I. (2006). Content analysis of social, environmental reporting: what is new? Journal of Human Resource Costing & Accounting. https://doi.org/10.1108/14013380610703120
Hahn, R., & Kühnen, M. (2013). Determinants of sustainability reporting: A review of results, trends, theory, and opportunities in an expanding field of research. Journal of Cleaner Production, 59, 5–21. https://doi.org/10.1016/j.jclepro.2013.07.005
Haniffa, R. M., & Cooke, T. E. (2002). Culture, corporate governance and disclosure in Malaysian corporations. Abacus. https://doi.org/10.1111/1467-6281.00112
Hussain, S. H., & Mallin, C. (2003). The dynamics of corporate governance in Bahrain: Structure, responsibilities and operation of corporate boards. Corporate Governance: An International Review. https://doi.org/10.1111/1467-8683.00322
Khurshid, M. A., Al-Aali, A., Soliman, A. A., & Amin, S. M. (2014). Developing an Islamic corporate social responsibility model (ICSR). Competitiveness Review, 24(4), 258–274. https://doi.org/10.1108/CR-01-2013-0004
Lewis, M. K. (2001). Islam and accounting. Accounting Forum. https://doi.org/10.1111/1467-6303.00058
Maali, B., Casson, P., & Napier, C. (2006). Social reporting by islamic banks. Abacus. https://doi.org/10.1111/j.1467-6281.2006.00200.x
Mersni, H., & Ben Othman, H. (2016). The impact of corporate governance mechanisms on earnings management in Islamic banks in the Middle East region. Journal of Islamic Accounting and Business Research. https://doi.org/10.1108/JIABR-11-2014-0039
Mitchell Williams, S. (1999). Voluntary environmental and social accounting disclosure practices in the Asia-Pacific region: An international empirical test of political economy theory. International Journal of Accounting. https://doi.org/10.2469/dig.v30.n2.655
Nurjanah, R., & Mulazid, A. S. (2018). Pengaruh Kualitas Pelayanan dan Corporate Social Responsibility Terhadap Citra Perusahaan. Muqtasid: Jurnal Ekonomi Dan Perbankan Syariah, 9(1), 40. https://doi.org/10.18326/muqtasid.v9i1.40-53
Patten, D. M. (1991). Exposure, legitimacy, and social disclosure. Journal of Accounting and Public Policy. https://doi.org/10.1016/0278-4254(91)90003-3
Puspitasari, L. L., & Muhammad, R. (2019). Perumusan Konsep Shariah Governance di Indonesia: Evaluasi Model Pengawasan Syariah di Sektor Perbankan. Muqtasid: Jurnal Ekonomi Dan Perbankan Syariah, 10(1), 1. https://doi.org/10.18326/muqtasid.v10i1.1-16
Sellami, Y. M., & Tahari, M. (2017). Factors influencing compliance level with AAOIFI Financial accounting standards by Islamic banks. Journal of Applied Accounting Research, 18(1), 137–159. https://doi.org/10.1108/JAAR-01-2015-0005
Singh, M., Mathur, I., & Gleason, K. C. (2004). Governance and performance implications of diversification strategies: Evidence from large U.S. firms. Financial Review. https://doi.org/10.1111/j.0732-8516.2004.00086.x
Tsalavoutas, I. (2011). Transition to IFRS and compliance with mandatory disclosure requirements: What is the signal? Advances in Accounting, 27(2), 390–405. https://doi.org/10.1016/j.adiac.2011.08.006
Vinnicombe, T. (2010). AAOIFI reporting standards: Measuring compliance. Advances in Accounting, 26(1), 55–65. https://doi.org/10.1016/j.adiac.2010.02.009