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SOCIAL ENTREPRENEURSHIP IN ISLAMIC ECONOMIC PERSPECTIVE: A CONCEPTUAL STUDY IN ISLAMIC BOARDING SCHOOLS Yustanti, Diah Rosna; Dini, Maya; Wijaya, Angka
Journal of Management and Islamic Finance Vol. 5 No. 2 (2025): Journal of Management and Islamic Finance
Publisher : UIN Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/jmif.v5i2.13361

Abstract

This study focuses on developing a conceptual framework of Islamic social entrepreneurship based on maqashid al-shariah and analyzing its relationship with the economic development of pesantren (Islamic boarding schools). Employing an integrative literature review and qualitative content analysis, the research synthesizes theories of social entrepreneurship, maqashid al-shariah principles, and Islamic economic empowerment practices in pesantren. The findings demonstrate that maqashid al-shariah functions as a normative and evaluative framework that guides entrepreneurial activities to achieve equilibrium between spiritual, social, and economic aspects. The values of maslahah, ‘adl, and ta’awun form the ethical foundation for building a fair and sustainable model of social entrepreneurship within pesantren. This study proposes a conceptual model of maqashid-based pesantrenpreneurship that integrates Islamic social values with digital innovation and community cooperation. The study contributes theoretically by extending Islamic social entrepreneurship literature through a maqashid-driven approach and practically by offering strategic guidance for developing pesantrenpreneurship to enhance economic self-sufficiency and community welfare.
Risk Management in a Practical Philosophical Perspective: Implications for Organizational Leadership Hamzah, Amir; Dini, Maya; Muhardi, Muhardi
Journal of Social Science and Business Studies Vol. 4 No. 1 (2026): JSSBS
Publisher : Yayasan Gema Bina Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61487/jssbs.v4i1.294

Abstract

This study aims to develop a philosophical reinterpretation of risk management and to examine its implications for organizational leadership. Using a conceptual and philosophical research design, the study is based on a systematic review and integrative synthesis of literature on risk management, leadership, and practical philosophy, particularly Aristotelian ethics and the concept of phronesis. The analysis indicates that dominant risk management models are largely grounded in instrumental rationality and are limited in addressing ethical ambiguity, contextual judgment, and moral responsibility in decision-making under uncertainty. As a result, this study develops a conceptual framework that emphasizes practical wisdom, ethical reasoning, and leadership sensemaking as core elements of effective risk governance. The study concludes that risk management is fundamentally a moral and interpretive activity embedded in leadership practice, and that integrating practical philosophy into risk management complements existing technical models while strengthening ethical accountability, strategic decision-making, and organizational resilience.  
The Role of Transformational Leadership and HR Governance in Shaping Enterprise Risk Management and Corporate Performance Hamzah, Amir; Dini, Maya; Amaliah, Ima; Nurhayati, Nunung
Journal of Social Science and Business Studies Vol. 4 No. 1 (2026): JSSBS
Publisher : Yayasan Gema Bina Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61487/jssbs.v4i1.295

Abstract

This study aims to examine the relationship between Transformational Leadership, Human Resource (HR) Governance, and the implementation of Enterprise Risk Management (ERM), as well as their contribution to firm performance. Using a quantitative approach and multiple linear regression models that satisfy classical assumptions, the study finds that Transformational Leadership and HR Governance do not have a significant effect on ERM implementation. This indicates that in large organizations such as state-owned enterprises, risk management systems are more influenced by regulations, oversight mechanisms, and institutional structures than by individual initiatives. Furthermore, Transformational Leadership significantly improves firm performance when tested without mediating variables; however, its effect becomes insignificant when ERM is included, highlighting the dominant role of ERM in determining performance. HR Governance also shows no significant effect on performance, suggesting the need to shift the HR function from administrative to strategic roles. On the other hand, ERM has a significant and independent effect on firm performance without mediating the influence of leadership or HR Governance. These findings imply that strengthening ERM implementation can sustainably enhance firm performance, while the development of leadership quality and HR strategies remains essential to support the organization’s long-term objectives.  
The Influence of CSR Financial Management Effectiveness on SROI Value with Reporting Transparency as a Moderating Variable Dini, Maya; Hamzah, Amir; Amaliah, Ima; Nurhayati, Nunung
Journal of Social Science and Business Studies Vol. 4 No. 1 (2026): JSSBS
Publisher : Yayasan Gema Bina Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61487/jssbs.v4i1.296

Abstract

This study aims to examine how the Effectiveness of Corporate Social Responsibility (CSR) Financial Management contributes to increasing the Social Return on Investment (SROI) value, as well as to assess the role of GRI-based Reporting Transparency as a moderating variable that strengthens this relationship. The research was conducted on companies that implement CSR programs sustainably, using a quantitative approach with a sample of 30 respondents involved in CSR management and reporting. Data were collected through standardized questionnaires and processed using multiple linear regression accompanied by a moderation test to determine whether transparency provides a strengthening effect. The results of the study show that the effectiveness of CSR financial management has a significant influence on SROI value, meaning that the better the planning, budgeting, implementation, and evaluation processes of CSR finances, the greater the social benefits generated compared to the costs incurred. In addition, reporting transparency based on GRI standards is proven to strengthen this relationship. When information is presented honestly, comprehensively, and in a traceable manner, stakeholder trust increases, making the social impact produced more visible and measurable. These findings emphasize the importance of professional CSR financial management and transparent reporting practices as the foundation of sustainability accountability. This study also provides a basis for future research to explore other variables, such as governance quality, community participation, or social innovation, that may influence SROI values across various sectors.