Articles
Does Islamic Corporate Governance Moderation The Influence of Sharia Financial Performance Toward Islamic Social Reporting?
Wairooy, Fatimah Az-zahra;
Haryono, Slamet
Journal of Islamic Economic Laws Vol 6, No 2 July 2023
Publisher : Universitas Muhammadiyah Surakarta
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DOI: 10.23917/jisel.v6i2.22358
This study examine to retest the influence of Sharia Financial Performance towards Islamic Social Reporting with Islamic Corporate Governance as a moderation variable (empirical study on Indonesia Islamic Commercial Bank from 2016-2021). 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 2016-2021. The sampling methods that used in this research is purposive sampling and could manage to obtained 66 sample from 11 Islamic Commercial Banks. The results shows that Return On Assets, Ruturn On Equity, and Financing to Debt Ratio influenced the disclosure did Islamic Social Reporting, whereas Capital Adequacy Ratio, Debt to Equity Ratio, and Investment Account Holder did not influenced the Islamic Social Reporting. Furthermore frequency of board of commissioner could influenced Financing to Debt Ratio, and Investment Account Holder towards deepening of Islamic Social Reporting, frequency of audit committee meeting could be moderating Investment Account Holder towards strengthening Islamic Social Reporting, While the frequency of sharia supervisory board meeting could moderating Financing to Debt Ratio towards Islamic Social Reporting. The findings of this study can be important input for regulators to properly regulate the number of meetings of each board in influencing Islamic Financial Performance as a tool in disclosing their Islamic Social Reporting.
The Role Of Job Stress Mediation On The Performance Of BSI Financial Institutions
ego pasha, aprielle;
Haryono, Slamet
INTERNATIONAL JOURNAL OF ECONOMICS AND MANAGEMENT REVIEW Vol 2 No 2 (2024): Current issue 5
Publisher : SMARTINDO
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DOI: 10.58765/ijemr.v2i2.198
Purpose – This study analyzes how work-family conflict and job stress affect BSI Financial Institutions' operational performance. It also uses the work stress model to investigate how a mediating variable affects this performance. Design/methodology/approach – This research used purposive sampling, another name for non-probability sampling, as its sample approach. It relied on a sample of 42 people who were working at BSI Financial Institution. The Sobel test and multiple linear regression analysis are part of the research strategy used in this study. Findings and Discussion – The findings indicate that stress moderates fulfillment and work-family conflict, influencing employee job satisfaction. Furthermore, stress and work-family conflict have a detrimental impact on employees' job satisfaction
Factors Affecting The Growth Of Indonesian Shariah Stock Prices (ISSI) With Capital Structure As A Moderating Variable
Mohammad, Fadhel;
Haryono, Slamet
INTERNATIONAL JOURNAL OF ECONOMICS AND MANAGEMENT REVIEW Vol 2 No 2 (2024): Current issue 5
Publisher : SMARTINDO
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DOI: 10.58765/ijemr.v2i2.200
Purpose - This study analyzes the factors that affect the growth of Islamic stock prices. It also uses capital structure as a moderating variable to influence this growth. Design/methodology/approach - This study uses purposive sampling, another name for non-probability sampling, as a sample approach. It relied on a sample of 31 companies listed in the Indonesian Sharia Stock Index (ISSI). Moderated regression analysis tests and multiple linear regression analyses are part of the research strategy used in this study. Findings and Discussion - These findings indicate that exchange rate and earning per share variables cannot affect the growth of Islamic stock prices, while return on assets and company size variables can. The capital structure variable cannot strengthen the exchange rate, ROA, EPS, and company size effect on Islamic stock prices.
BULAK SUMUR FRAMEWORK: OPTIMALISASI KUALITAS AUDIT SYARIAH DI INDONESIA
Sembilan, Bunga Thuba;
Haryono, Slamet
JURNAL AL-IJTIMAIYYAH Vol. 6 No. 2 (2020)
Publisher : Universitas Islam Negeri Ar-Raniry Banda Aceh
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DOI: 10.22373/al-ijtimaiyyah.v6i2.7205
The many problems that occur in sharia audits in Indonesia starting from the problem of human resources, regulations and audit processes make it necessary to take action in order to improve the quality of institutions and finance in Indonesia. Islamic auditing is very important to be able to evaluate the mistakes that occur in Islamic financial institutions. The problems that arise in the Islamic audit try to be solved by researchers by using the Bulak Sumur well through several strategic offers. In conducting this research, the approach used is a qualitative approach with a method of literature study. The research results obtained in overcoming the problem of Islamic auditing in Indonesia, namely by increasing the number of institutions and improving the materials in auditor training, forming a framework and regulation, forming cooperation between academics and practitioners and adopting related rules, materials, etc. from suitable foreign countries applied in Indonesia.Keywords: Bulak Sumur Framework, Sharia Audit.
Drivers and barriers to financial inclusion: New insights from Muslim countries
Akasumbawa, Muhammad Dedat Dingkoroci;
Haryono, Slamet;
Chairunnisa
Jurnal Ekonomi & Keuangan Islam Volume 10 No. 2, July 2024
Publisher : Faculty of Economics, Universitas Islam Indonesia
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DOI: 10.20885/JEKI.vol10.iss2.art3
Purpose – This study examines the factors driving and barriers to financial inclusion in Organisation of Islamic Cooperation (OIC) countries.Methodology – This study employs panel data analysis using fully modified ordinary least squares (FMOLS) and dynamic ordinary least squares (DOLS) methods. The sample consists of OIC countries from 2011 to 2021.Findings – According to the FMOLS model, remittances, bank stability, and government debt are key drivers of long-term financial inclusion, while inflation, trade openness, and economic development act as barriers. Bank competition does not significantly impact financial inclusion. In the DOLS model, remittances and bank stability remain significant drivers, with inflation and economic growth acting as barriers. However, in the long term, financial inclusion is not significantly influenced by government debt or competition.Implications – This study offers insights for financial institutions and governments. Financial institutions should improve their access to low-income groups and small businesses. Governments should promote financial inclusion and stability through sound macroeconomic policy. Policymakers can use these findings to focus on key factors for a sustainable economy.Originality – This study fills a gap by exploring the factors affecting financial inclusion in OIC countries, a less-studied topic. It also uses additional indicators to measure the financial inclusion index, leading to more comprehensive results.
Pengaruh Kualitas Komite Audit dan Kualitas Audit Terhadap Kualitas Pelaporan Keuangan Perusahaan
Permatalia, Riska;
Haryono, Slamet
Al-Intaj : Jurnal Ekonomi dan Perbankan Syariah Vol 7, No 2 (2021)
Publisher : Faculty of Economics and Islamic Business, UIN Fatmawati Sukarno Bengkulu
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DOI: 10.29300/aij.v7i2.3654
Users of financial statements need the quality of financial reporting to ensure the sustainability of the company, but not a few commit fraud. So we need an audit committee and audit quality for the big four/nonbig four. This study uses panel data for 2014-2019 from manufacturing companies registered with JII and data sourced from annual reports and company financial statements. As a result, the independent variable is explained by the audit committee's accounting expertise and audit quality has a positive and significant effect on 5% and the number of audit committee meetings is significant at 10% on the quality of financial reporting, while the variable number of audit committee members and size has no significant negative effect and leverage. positive and insignificant effect on the quality of financial reporting.
PENGARUH LEVERAGE DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN DI INDONESIA
Rejeki, Halim Tri;
Haryono, Slamet
Invoice : Jurnal Ilmu Akuntansi Vol. 3 No. 1 (2021): Maret 2021
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Muhammadiyah Makassar
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DOI: 10.26618/inv.v3i1.4969
This study aims to examine the effect of leverage and company size on firm value, which in this study uses the Price to Book Value (PBV) measure which is a ratio that indicates whether the valuation is overvalued (above or below the valuation (below the book value of shares is the stock price can be traded) Firm value is one of the indicators of company performance appraisal in general. In addition, company value is also a consideration for investors who will invest. The population in this study is the mining and agricultural sub-sector companies listed on the Indonesia Stock Exchange. (BEI) 2013-2018. The sampling technique used purposive sampling, namely the selection of samples based on certain criteria according to what the researchers wanted. The number of samples used in this study were 7 (seven) companies with six years of observation, so that 42 data were selected. observation.Data used is secondary data in the form of the company's annual financial statements obtained from the Indonesia Stock Exchange (IDX). The data analysis technique in this research is descriptive statistics and panel data analysis. The software used for data processing is Eviews 2010 and excel. The test results show that, only the leverage variable has an effect and is in accordance with the theory, this is because the company data used has a large difference in total assets.Keywords: Price to Book Value, Firm Value, Leverage, Company Size
The Influence of Ownership Structure, Debt Structure, and Independent Commissioner on Earning Management
Yanuarsa, Muhammad;
Wijayanti, Dwi Marlina;
Haryono, Slamet
AL-QARDH Vol 6 No 2 (2021): AL-QARDH
Publisher : Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Negeri Palangka Raya
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This study aims to examine the effect of independent commissioners, blockholder ownership, long-term debt, short-term debt, institutional ownership, family ownership, and managerial ownership on earnings management. This study is a quantitative study with a sample of 71 companies listed on the Indonesia Stock Exchange in 2017-2019. The data is processed by multiple regression using E-views. The results show that long-term debt has a negative effect on earnings management and short-term debt has a positive effect on earnings management. Other results show that independent board of commissioners, blockholder ownership, institutional ownership, family ownership, and managerial ownership do not cause earnings management. The limitation of this study is that it does not use a sample in the financial sector. Nevertheless, this research contributes practically and theoretically. This study also facilitates the weaknesses of previous research by adding variables of debt structure and ownership structure.
Board characteristic and Indonesian Islamic bank’s credit risk
Putri, Fitri Anisa Nusa;
Haryono, Slamet;
Hassanee, Narong
Journal of Islamic Accounting and Finance Research Vol. 6 No. 1 (2024)
Publisher : Universitas Islam Negeri Walisongo Semarang
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DOI: 10.21580/jiafr.2024.6.1.19113
Purpose - This study aims to analyze factors that influencing credit risk in Indonesian Islamic banks based on the board characteristic.Method - This study is a quantitative method using secondary data from nine Indonesian Islamic banks during 2018 to 2022. The sample of this study was taken by purposive sampling method and the data were analyzed using panel data regression analysis, including the classical assumption, F-test and T-Test.Result - This study povides evidence that sharia supervisor board size and women on board of directors are negative and significantly related to credit risk. However, the education level of board of directors and indepedent commissioners does not influence Indonesian Islamic Bank’s credit risk.Implication - These findings have implications for regulators and policy study to streghthen the internal governance mechanism to protect the Indonesian Islamic banks from financial failures and increseas the trust of stakeholder thorugh the effectiveness of implementation good corporate governance.Originality - This study represents a novel contribution to the literature on the determinants of Indonesian Islamic Bank’s credits risk as it conceptualized the relationship between board characteristic and the credit risk. This study represents the few that adopt comprehensive modeling approach by proposing the role of board of directors’ gender diversity and education level and Islamic governance context represented by sharia supervisory board.
Factors afffecting on the growth assets of sharia life insurance companies in Indonesia
Mushrifah, Mega;
Haryono, Slamet;
Pangayow, Bill
Journal of Islamic Accounting and Finance Research Vol. 6 No. 2 (2024)
Publisher : Universitas Islam Negeri Walisongo Semarang
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DOI: 10.21580/jiafr.2024.6.2.21092
Purpose - The objective of this research is to present a summary and examination of the impact of investment returns, claims, and premiums on asset growth in Indonesian sharia life insurance firms from 2018 to 2022.Method - This study uses quantitative methods. The study's population consists of sharia life insurance companies that are registered with the OJK, and its sample consists of seven such companies that provide complete financial reports through 2022. Panel data analysis is the data analysis technique employed in this study, and the Common Effect Model (CEM) was selected using eviws 10.Result - This study provides evidence that premiums and claims have a detrimental effect on Indonesian Islamicic life insurance businesses' asset growth. Low premiums and high claims inhibit asset growth. On the other hand, investment returns have a positive effect, because Islamicic insurance companies gain opportunities for asset growth from investments in various sectors. Therefore, claim management and optimization of investment returns are very important to encourage the growth of company assets.Implication - These findings have implications from the results of this investigation, which show that a company is better and can be considered healthy if its assets are larger.Originality - This study is the first to employ profit-sharing finance as an intervening variable.